XML 87 R64.htm IDEA: XBRL DOCUMENT v3.20.4
Significant Accounting Policies (Narrative) (Detail)
1 Months Ended 12 Months Ended
Nov. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Sep. 30, 2019
USD ($)
May 31, 2019
USD ($)
Mar. 31, 2019
USD ($)
Facility
MW
Jan. 31, 2019
USD ($)
Dec. 31, 2020
USD ($)
MWh
$ / shares
Dec. 31, 2019
USD ($)
MWh
Dec. 31, 2018
USD ($)
$ / shares
Jan. 01, 2019
USD ($)
Significant Accounting Policies [Line Items]                    
Accrued unbilled revenue             $ 1,100,000,000 $ 829,000,000    
Margin deposit assets             19,000,000 42,000,000    
Margin liabilities             5,000,000 2,000,000    
Capitalized interest costs and Capitalized interest costs and AFUDC             103,000,000 78,000,000 $ 109,000,000  
Impairment of assets and other charges             $ 2,105,000,000 $ 1,520,000,000 12,000,000  
Finite Lived Intangible Asset Useful Life             30 years      
Estimated proved developed or proved gas and oil reserves rate per unit | MWh             1.97 1.80    
Retained earnings             $ 4,189,000,000 $ 7,576,000,000    
Net unrealized gains on equity securities previously classified as cost method investments                 36,000,000  
Net unrealized gains on equity securities previously classified as cost method investments, after tax                 22,000,000  
Net unrealized losses in other income                 190,000,000  
Net unrealized losses in other income, after tax                 $ 142,000,000  
Gain per share from unrealized loss on securities | $ / shares                 $ 0.22  
Operating lease assets             564,000,000 [1] 462,000,000 [1]   $ 504,000,000
Operating lease liability             570,000,000      
Tax reform, reclassification of tax benefit from AOCI to retained earnings                 $ 289,000,000  
Discontinued Operations | GT&S and Q-Pipe Transactions                    
Significant Accounting Policies [Line Items]                    
Operating lease assets             43,000,000      
Operating lease liability             $ 43,000,000      
Current Regulatory Liabilities                    
Significant Accounting Policies [Line Items]                    
Net unrealized gains on equity securities previously classified as cost method investments                 33,000,000  
Retained Earnings                    
Significant Accounting Policies [Line Items]                    
Net unrealized gains on equity securities previously classified as cost method investments                 3,000,000  
Accounting Standards Update 2014-09                    
Significant Accounting Policies [Line Items]                    
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]             true      
Change in Accounting Principle, Accounting Standards Update, Adoption Date             Jan. 01, 2018      
Accounting Standards Update 2014-09 | Cumulative-effect of Changes in Accounting Principles                    
Significant Accounting Policies [Line Items]                    
Retained earnings                 3,000,000  
Accounting Standards Update 2016-13                    
Significant Accounting Policies [Line Items]                    
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]             true      
Change in Accounting Principle, Accounting Standards Update, Adoption Date             Jan. 01, 2018      
Accounting Standards Update 2016-13 | Cumulative-effect of Changes in Accounting Principles                    
Significant Accounting Policies [Line Items]                    
Unrealized gains reclassified from AOCI to retained earnings                 1,100,000,000  
Unrealized gains reclassified from AOCI to retained earnings after-tax                 $ 734,000,000  
Accounting Standards Update 2016-02                    
Significant Accounting Policies [Line Items]                    
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]             true      
Change in Accounting Principle, Accounting Standards Update, Adoption Date             Jan. 01, 2019      
Accounting Standards Update 2017-05                    
Significant Accounting Policies [Line Items]                    
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]             true      
Change in Accounting Principle, Accounting Standards Update, Adoption Date             Jan. 01, 2018      
Accounting Standards Update 2017-05 | Cumulative-effect of Changes in Accounting Principles                    
Significant Accounting Policies [Line Items]                    
Retained earnings                   127,000,000
Accounting Standards Update 2018-02                    
Significant Accounting Policies [Line Items]                    
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]             true      
Change in Accounting Principle, Accounting Standards Update, Adoption Date             Jan. 01, 2018      
Change in Depreciation Rates from New Depreciation Study                    
Significant Accounting Policies [Line Items]                    
Increase in EPS | $ / shares             $ 0.03   $ 0.07  
Change in Depreciation Rates from New Depreciation Study | Merchant generation assets                    
Significant Accounting Policies [Line Items]                    
Increase (decrease) in depreciation expense                 $ (30,000,000)  
Increase (decrease) in depreciation expense, after tax                 (23,000,000)  
Impairment of Assets and Other Charges                    
Significant Accounting Policies [Line Items]                    
Impairment of assets and other charges     $ 26,000,000              
Asset impairment charges after tax     19,000,000              
Maximum                    
Significant Accounting Policies [Line Items]                    
Lessee Operating Lease Renewal Term             70 years      
Minimum                    
Significant Accounting Policies [Line Items]                    
Lessee Operating Lease Renewal Term             1 year      
Virginia Electric and Power Company                    
Significant Accounting Policies [Line Items]                    
Accrued unbilled revenue             $ 740,000,000 512,000,000    
Percentage of fuel currently subject to deferred fuel accounting             85.00%      
Margin deposit assets             $ 1,000,000      
Margin liabilities             0 0    
Capitalized interest costs and Capitalized interest costs and AFUDC             60,000,000 34,000,000 56,000,000  
AFUDC recorded as regulatory asset             11,000,000 11,000,000 4,000,000  
Impairment of assets and other charges             1,093,000,000 757,000,000    
MW Capacity | MW         1,292          
Number of facilities in cold reserve units retired | Facility         6          
Retained earnings             7,758,000,000 7,167,000,000    
Net unrealized losses in other income                 24,000,000  
Net unrealized losses in other income, after tax                 18,000,000  
Operating lease assets             185,000,000 [1] 212,000,000 [1]   $ 209,000,000
Operating lease liability             183,000,000      
Tax reform, reclassification of tax benefit from AOCI to retained earnings                 3,000,000  
Virginia Electric and Power Company | Accounting Standards Update 2016-13 | Cumulative-effect of Changes in Accounting Principles                    
Significant Accounting Policies [Line Items]                    
Unrealized gains reclassified from AOCI to retained earnings                 119,000,000  
Unrealized gains reclassified from AOCI to retained earnings after-tax                 73,000,000  
Virginia Electric and Power Company | Change in Depreciation Rates from New Depreciation Study                    
Significant Accounting Policies [Line Items]                    
Increase (decrease) in depreciation expense             (31,000,000)   (60,000,000)  
Increase (decrease) in depreciation expense, after tax             (23,000,000)   $ (44,000,000)  
Virginia Electric and Power Company | Electric Generation Facilities                    
Significant Accounting Policies [Line Items]                    
Charges recorded with dismantling             54,000,000      
Charges recorded with dismantling after tax             40,000,000      
Virginia Electric and Power Company | Impairment of Assets and Other Charges                    
Significant Accounting Policies [Line Items]                    
Impairment of assets and other charges $ 127,000,000 $ 751,000,000 17,000,000 $ 62,000,000 $ 346,000,000 $ 160,000,000 130,000,000      
Asset impairment charges after tax $ 94,000,000 $ 559,000,000 $ 12,000,000 $ 46,000,000 $ 257,000,000 $ 119,000,000 97,000,000      
Virginia Electric and Power Company | Maximum                    
Significant Accounting Policies [Line Items]                    
Margin deposit assets               1,000,000    
Virginia Electric and Power Company | Affiliated Entity                    
Significant Accounting Policies [Line Items]                    
Income tax payable             19,000,000 35,000,000    
Virginia Electric and Power Company | Affiliated Entity | Federal                    
Significant Accounting Policies [Line Items]                    
Income tax payable             17,000,000 15,000,000    
Virginia Electric and Power Company | Affiliated Entity | State                    
Significant Accounting Policies [Line Items]                    
Income tax payable             $ 2,000,000 20,000,000    
DESC                    
Significant Accounting Policies [Line Items]                    
Percentage of fuel currently subject to deferred fuel accounting             96.00%      
Dominion Energy Gas Holdings, LLC                    
Significant Accounting Policies [Line Items]                    
Inventory under LIFO method             $ 2,000,000 19,000,000    
Amount exceeded on LIFO basis             $ 52,000,000 $ 60,000,000    
Dominion Energy Midstream Partners, LP | Terra Nova Renewable Partners | Nonregulated Solar Projects | Call Option                    
Significant Accounting Policies [Line Items]                    
Percentage ownership in total units             67.00%      
Cove Point | Brookfield                    
Significant Accounting Policies [Line Items]                    
Percentage of equity interest sold to noncontrolling interest owners             25.00%      
Four Brothers and Three Cedars                    
Significant Accounting Policies [Line Items]                    
Business Acquisition, Percentage of Voting Interests Acquired             50.00%      
Four Brothers and Three Cedars | Dominion Energy Midstream Partners, LP | Terra Nova Renewable Partners | Nonregulated Solar Projects                    
Significant Accounting Policies [Line Items]                    
Percentage of equity interest sold to noncontrolling interest owners             33.00%      
[1] Included in other deferred charges and other assets in the Companies’ Consolidated Balance Sheets.