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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Revenue $ 4,279 $ 3,870
Operating Expenses    
Electric fuel and other energy-related purchases 678 550
Purchased (excess) electric capacity 13 11
Purchased gas 645 484
Other operations and maintenance 1,026 987
Depreciation, depletion and amortization 698 608
Other taxes 253 257
Impairment of assets and other charges (benefits) (10) 95
Total operating expenses 3,303 2,992
Income from operations 976 878
Earnings from equity method investees 80 80
Other income 46 287
Interest and related charges 174 53
Income from continuing operations including noncontrolling interests before income tax expense 928 1,192
Income tax expense 236 212
Net Income From Continuing Operations 692 980
Net Income From Discontinued Operations [1] 19 28
Net Income Including Noncontrolling Interests 711 1,008
Net Income (Loss) 711 1,008
Amounts attributable to Dominion Energy    
Net income from continuing operations 692 980
Net income from discontinued operations $ 19 $ 28
EPS - Basic    
Net income from continuing operations $ 0.82 $ 1.19
Net income from discontinued operations 0.02 0.04
Net income attributable to Dominion Energy 0.84 1.23
EPS - Diluted    
Net income from continuing operations 0.81 1.19
Net income from discontinued operations 0.02 0.04
Net income attributable to Dominion Energy $ 0.83 $ 1.23
Virginia Electric and Power Company    
Operating Revenue [2] $ 2,167 $ 1,830
Operating Expenses    
Electric fuel and other energy-related purchases [2] 516 406
Purchased (excess) electric capacity 11 (3)
Affiliated suppliers 91 87
Other operations and maintenance 479 426
Depreciation, depletion and amortization 429 324
Other taxes 75 93
Impairment of assets and other charges (benefits) 4 (51)
Total operating expenses 1,605 1,282
Income from operations 562 548
Other income 4 32
Interest and related charges [2] 148 136
Income before income tax expense 418 444
Income tax expense 61 70
Net Income (Loss) $ 357 $ 374
[1]

Includes income tax expense of $6 million and $7 million for the three months ended March 31, 2022 and 2021, respectively.

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