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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Computation

The following table presents the calculation of Dominion Energy’s basic and diluted EPS:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

(millions, except EPS)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Dominion Energy from

    continuing operations

 

$

259

 

 

$

863

 

 

$

1,239

 

 

$

397

 

Preferred stock dividends (see Note 16)

 

 

(16

)

 

 

(16

)

 

 

(32

)

 

 

(32

)

Net income attributable to Dominion Energy from

    continuing operations – Basic

 

 

243

 

 

 

847

 

 

 

1,207

 

 

 

365

 

Dilutive effect of Series A Preferred Stock

 

 

 

 

 

(92

)

 

 

 

 

 

(64

)

Net income attributable to Dominion Energy from

    continuing operations - Diluted

 

$

243

 

 

$

755

 

 

$

1,207

 

 

$

301

 

Net income (loss) attributable to Dominion Energy from

    discontinued operations - Basic & Diluted

 

$

26

 

 

$

(2,032

)

 

$

54

 

 

$

(1,836

)

Average shares of common stock outstanding – Basic

 

 

806.6

 

 

 

839.4

 

 

 

806.2

 

 

 

838.8

 

Net effect of dilutive securities

 

 

 

 

 

 

 

 

0.1

 

 

 

 

Average shares of common stock outstanding – Diluted

 

 

806.6

 

 

 

839.4

 

 

 

806.3

 

 

 

838.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EPS from continuing operations – Basic

 

$

0.30

 

 

$

1.01

 

 

$

1.49

 

 

$

0.43

 

EPS from discontinued operations – Basic

 

 

0.03

 

 

 

(2.42

)

 

 

0.07

 

 

 

(2.18

)

EPS attributable to Dominion Energy – Basic

 

$

0.33

 

 

$

(1.41

)

 

$

1.56

 

 

$

(1.75

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EPS from continuing operations – Diluted

 

$

0.30

 

 

$

0.90

 

 

$

1.49

 

 

$

0.35

 

EPS from discontinued operations – Diluted

 

 

0.03

 

 

 

(2.42

)

 

 

0.07

 

 

 

(2.18

)

EPS attributable to Dominion Energy – Diluted

 

$

0.33

 

 

$

(1.52

)

 

$

1.56

 

 

$

(1.83

)