Acquisitions and Dispositions (Tables) - Dominion Energy Gas Holdings, LLC - GT&S Transaction

6 Months Ended

Jun. 30, 2021

Results of Operations Reported within Discontinued Operations

The following table represents selected information regarding the results of operations, which are reported within discontinued operations in Dominion Energy’s Consolidated Statements of Income:

	Three Months Ended June 30, 2021		Three Months Ended June 30, 2020					Six Months Ended June 30, 2021		Six Months Ended June 30, 2020
	Q-Pipe Group		GT&S Transaction			Q-Pipe Group		Q-Pipe Group		GT&S Transaction			Q-Pipe Group
(millions)
Operating revenue	$	59	$	480		$	58	$	126	$	1,043		$	123
Operating expense(1)		9		770			29		28		1,103			62
Other income		1		12			1		1		32			2
Interest and related charges		5		46			6		10		99			10
Income (loss) before income taxes		46		(324	)		24		89		(127	)		53
Income tax expense (benefit)		9		(78	)		10		17		(51	)		14
Net income (loss) including    noncontrolling interests		37		(246	)		14		72		(76	)		39
Noncontrolling interests		—		32			—		—		65			—
Net income (loss) attributable to    Dominion Energy	$	37	$	(278	)	$	14	$	72	$	(141	)	$	39

(1) GT&S Transaction includes a charge of $482 million ($359 million after-tax) recorded in the second quarter of 2020 associated with the probable abandonment of a significant portion of the Supply Header Project, as well as the establishment of a $75 million ARO as a result of the cancellation of the Atlantic Coast Pipeline Project.

Schedule of Major Classes of Assets and Liabilities Reported As Held for Sale in Discontinued Operations

The carrying amounts of major classes of assets and liabilities relating to the disposal groups, which are reported as held for sale in Dominion Energy’s Consolidated Balance Sheets were as follows:

	At June 30, 2021		At December 31, 2020
	Q-Pipe Group		Q-Pipe Group
(millions)
Current assets(1)	$	51	$	47
Equity method investments(2)		35		35
Property, plant and equipment, net		1,138		1,113
Other deferred charges and other assets, including goodwill and intangible assets(3)		223		224
Current liabilities		34		30
Long-term debt		426		426
Other deferred credits and liabilities		154		154

(1) Includes cash and cash equivalents of $18 million and $7 million as of June 30, 2021 and December 31, 2020, respectively.

(2) Comprised of an equity method investment in White River Hub.

(3) Includes goodwill of $191 million at both June 30, 2021 and December 31, 2020.

Capital Expenditures and Significant Noncash Items Relating to the Disposal Groups

Capital expenditures and significant noncash items relating to the disposal groups included the following:

	Six Months Ended June 30, 2021		Six Months Ended June 30, 2020
	Q-Pipe Group		GT&S Transaction		Q-Pipe Group
(millions)
Capital expenditures	$	15	$	138	$	15
Significant noncash items:
Impairment of assets and other charges		—		482		1
Depreciation, depletion and amortization		—		164		26
Accrued capital expenditures		4		28		1