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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating Revenue $ 3,038 $ 3,106 $ 6,908 $ 7,044
Operating Expenses        
Electric fuel and other energy-related purchases 487 507 1,037 1,164
Purchased (excess) electric capacity 25 11 36 13
Purchased gas 121 90 605 524
Other operations and maintenance 895 852 1,882 1,743
Depreciation, depletion and amortization 604 578 1,212 1,156
Other taxes 222 220 479 460
Impairment of assets and other charges (benefit) 321 44 416 812
Total operating expenses 2,675 2,302 5,667 5,872
Income from operations 363 804 1,241 1,172
Earnings from equity method investees 65 2 145 5
Other income 312 498 599 41
Interest and related charges 518 398 571 830
Income from continuing operations including noncontrolling interests before income tax expense (benefit) 222 906 1,414 388
Income tax expense (benefit) (47) 37 165 (13)
Net Income From Continuing Operations Including Noncontrolling Interests 269 869 1,249 401
Net Income (Loss) From Discontinued Operations Including Noncontrolling Interests [1],[2] 26 (2,001) 54 (1,772)
Net Income (Loss) Including Noncontrolling Interests 295 (1,132) 1,303 (1,371)
Noncontrolling Interests 10 37 10 68
Net Income (Loss) 285 (1,169) 1,293 (1,439)
Amounts attributable to Dominion Energy        
Net Income from continuing operations 259 863 1,239 397
Net Income (Loss) from discontinued operations $ 26 $ (2,032) $ 54 $ (1,836)
EPS - Basic        
Net income from continuing operations $ 0.30 $ 1.01 $ 1.49 $ 0.43
Net income (loss) from discontinued operations 0.03 (2.42) 0.07 (2.18)
Net income (loss) attributable to Dominion Energy 0.33 (1.41) 1.56 (1.75)
EPS - Diluted        
Net income from continuing operations 0.30 0.90 1.49 0.35
Net income (loss) from discontinued operations 0.03 (2.42) 0.07 (2.18)
Net income (loss) attributable to Dominion Energy $ 0.33 $ (1.52) $ 1.56 $ (1.83)
Virginia Electric and Power Company        
Operating Revenue [3] $ 1,741 $ 1,805 $ 3,571 $ 3,735
Operating Expenses        
Electric fuel and other energy-related purchases [3] 349 366 755 858
Purchased (excess) electric capacity 4 (8) 1 (17)
Affiliated suppliers 78 80 165 167
Other operations and maintenance 321 296 747 627
Depreciation, depletion and amortization 323 307 647 618
Other taxes 83 85 176 172
Impairment of assets and other charges (benefit) 12 44 (39) 808
Total operating expenses 1,170 1,170 2,452 3,233
Income from operations 571 635 1,119 502
Other income 40 52 72  
Interest and related charges [3] 128 137 264 263
Income before income tax expense 483 550 927 239
Income tax expense (benefit) 69 60 139 29
Net Income (Loss) $ 414 $ 490 $ 788 $ 210
[1]

Includes income tax expense (benefit) of $4 million and $(593) million for the three months ended June 30, 2021 and 2020, respectively, and $11 million and $(562) million for the six months ended June 30, 2021 and 2020, respectively.

[2]

See Note 10 for amounts attributable to related parties.

[3] See Note 19 for amounts attributable to affiliates.