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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Revenue $ 3,870 $ 3,938
Operating Expenses    
Electric fuel and other energy-related purchases 550 657
Purchased (excess) electric capacity 11 2
Purchased gas 484 434
Other operations and maintenance 987 891
Depreciation, depletion and amortization 608 578
Other taxes 257 240
Impairment of assets and other charges 95 768
Total operating expenses 2,992 3,570
Income (loss) from operations 878 368
Other income (expense) 367 (454)
Interest and related charges 53 432
Income (loss) from continuing operations including noncontrolling interests before income tax expense (benefit) 1,192 (518)
Income tax expense (benefit) 212 (50)
Net Income (Loss) From Continuing Operations Including Noncontrolling Interests 980 (468)
Net Income From Discontinued Operations Including Noncontrolling Interests [1],[2] 28 229
Net Income (Loss) Including Noncontrolling Interests 1,008 (239)
Noncontrolling Interests   31
Net Income (Loss) 1,008 (270)
Amounts attributable to Dominion Energy    
Net Income (Loss) from continuing operations 980 (466)
Net Income from discontinued operations $ 28 $ 196
EPS - Basic    
Net income (loss) from continuing operations $ 1.19 $ (0.57)
Net income from discontinued operations 0.04 0.23
Net income (loss) attributable to Dominion Energy 1.23 (0.34)
EPS - Diluted    
Net income (loss) from continuing operations 1.19 (0.57)
Net income from discontinued operations 0.04 0.23
Net income (loss) attributable to Dominion Energy $ 1.23 $ (0.34)
Virginia Electric and Power Company    
Operating Revenue [3] $ 1,830 $ 1,930
Operating Expenses    
Electric fuel and other energy-related purchases [3] 406 492
Purchased (excess) electric capacity (3) (9)
Affiliated suppliers 87 87
Other operations and maintenance 426 331
Depreciation, depletion and amortization 324 311
Other taxes 93 87
Impairment of assets and other charges (benefit) (51) 764
Total operating expenses 1,282 2,063
Income (loss) from operations 548 (133)
Other income (expense) 32 (52)
Interest and related charges [3] 136 126
Income (loss) before income tax expense 444 (311)
Income tax expense (benefit) 70 (31)
Net Income (Loss) $ 374 $ (280)
[1] Includes income tax expense of $7 million and $31 million for the three months ended March 31, 2021 and 2020, respectively.
[2] See Note 10 for amounts attributable to related parties.
[3] See Note 19 for amounts attributable to affiliates.