XML 20 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 477 $ 172 [1]
Customer receivables (less allowance for doubtful accounts) 1,841 2,295 [1]
Other receivables (less allowance for doubtful accounts) 239 212 [1]
Inventories 1,476 1,550 [1]
Regulatory assets 650 699 [1]
Other 479 476 [1]
Current assets held for sale 1,500 1,482 [1]
Total current assets 6,662 6,886 [1]
Investments    
Nuclear decommissioning trust funds 7,139 6,900 [1]
Investment in equity method affiliates 2,949 2,934 [1]
Other 405 404 [1]
Total investments 10,493 10,238 [1]
Property, Plant and Equipment    
Property, plant and equipment 84,035 82,959 [1]
Accumulated depreciation, depletion and amortization (25,614) (25,111) [1]
Total property, plant and equipment, net 58,421 57,848 [1]
Deferred Charges and Other Assets    
Goodwill 7,381 7,381 [1]
Regulatory assets 8,793 9,133 [1]
Other 4,953 4,419 [1]
Total deferred charges and other assets 21,127 20,933 [1]
Total assets 96,703 95,905 [1]
Current Liabilities    
Securities due within one year 2,639 1,937 [1]
Supplemental 364-Day credit facility borrowings [1]   225
Short-term debt 2,815 895 [1]
Accounts payable 848 944 [1]
Accrued interest, payroll and taxes 957 1,133 [1]
Regulatory liabilities 641 809 [1]
Liability to Atlantic Coast Pipeline 97 1,052 [1]
Q-Pipe Transaction deposit 1,290 1,290 [1]
Derivative liabilities [2] 221 415
Other [3] 1,924 1,933 [1]
Current liabilities held for sale 625 625 [1]
Total current liabilities 11,836 10,843 [1]
Long-Term Debt    
Long-term debt 30,209 30,915 [1]
Junior subordinated notes 2,162 2,161 [1]
Other 877 881 [1]
Total long-term debt 33,248 33,957 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 6,202 5,953 [1]
Regulatory liabilities 10,202 10,187 [1]
Other 8,177 8,504 [1]
Total deferred credits and other liabilities 24,581 24,644 [1]
Total liabilities 69,665 69,444 [1]
Commitments and Contingencies (see Note 17) [1]
Equity    
Preferred stock (See Note 16) 2,387 2,387 [1]
Common stock - no par [4] 21,310 21,258 [1]
Retained earnings 4,673 4,189 [1]
Accumulated other comprehensive income (loss) (1,671) (1,717) [1]
Total shareholders' equity 26,699 26,117 [1]
Noncontrolling interests 339 344 [1]
Total equity 27,038 26,461 [1]
Total liabilities and equity 96,703 95,905 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 56 35 [5]
Customer receivables (less allowance for doubtful accounts) 926 1,315 [5]
Other receivables (less allowance for doubtful accounts) 86 91 [5]
Affiliated receivables 10 5 [5]
Inventories 840 862 [5]
Regulatory assets 292 295 [5]
Other [6] 52 59 [5]
Total current assets 2,262 2,662 [5]
Investments    
Nuclear decommissioning trust funds 3,322 3,197 [5]
Other 3 3 [5]
Total investments 3,325 3,200 [5]
Property, Plant and Equipment    
Property, plant and equipment 47,431 46,736 [5]
Accumulated depreciation, depletion and amortization (14,446) (14,167) [5]
Total property, plant and equipment, net 32,985 32,569 [5]
Deferred Charges and Other Assets    
Regulatory assets 3,235 3,509 [5]
Other [6] 1,977 1,714 [5]
Total deferred charges and other assets 5,212 5,223 [5]
Total assets 43,784 43,654 [5]
Current Liabilities    
Securities due within one year 458 8 [5]
Short-term debt 420 45 [5]
Accounts payable 311 332 [5]
Payables to affiliates 125 266 [5]
Affiliated current borrowings 177 380 [5]
Accrued interest, payroll and taxes 307 253 [5]
Regulatory liabilities 272 425 [5]
Asset retirement obligations 159 166 [5]
Derivative liabilities [6] 171 390 [5]
Other 591 562 [5]
Total current liabilities 2,991 2,827 [5]
Long-Term Debt    
Long-term debt 12,759 13,207 [5]
Other 481 480 [5]
Total long-term debt 13,240 13,687 [5]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,873 2,779 [5]
Asset Retirement Obligations Noncurrent 3,681 3,654 [5]
Regulatory liabilities 5,402 5,338 [5]
Other [6] 786 812 [5]
Total deferred credits and other liabilities 12,742 12,583 [5]
Total liabilities 28,973 29,097 [5]
Commitments and Contingencies (see Note 17) [5]
Equity    
Common stock - no par [7] 5,738 5,738 [5]
Other paid-in capital 1,113 1,113 [5]
Retained earnings 7,983 7,758 [5]
Accumulated other comprehensive income (loss) (23) (52) [5]
Total shareholders' equity 14,811 14,557 [5]
Total liabilities and equity $ 43,784 $ 43,654 [5]
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2020 has been derived from the audited Consolidated Balance Sheet at that date.
[2] Current derivative liabilities include $217 million and $412 million at March 31, 2021 and December 31, 2020, respectively, presented in other current liabilities in Dominion Energy’s Consolidated Balance Sheets. The remainder is in current liabilities held for sale in Dominion Energy’s Consolidated Balance Sheets.
[3] See Note 10 for amounts attributable to related parties.
[4] 1.8 billion shares authorized; 806 million shares outstanding at both March 31, 2021 and December 31, 2020.
[5] Virginia Power’s Consolidated Balance Sheet at December 31, 2020 has been derived from the audited Consolidated Balance Sheet at that date.
[6] See Note 19 for amounts attributable to affiliates.
[7] 500,000 shares authorized; 274,723 shares outstanding at March 31, 2021 and December 31, 2020.