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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2022
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 March 31,

 

 

 

2022

 

 

2021

 

(millions, except EPS)

 

 

 

 

 

 

 

 

Net income attributable to Dominion Energy from

    continuing operations

 

$

692

 

 

$

980

 

Preferred stock dividends (see Note 16)

 

 

(27

)

 

 

(16

)

Net income attributable to Dominion Energy from

    continuing operations – Basic

 

 

665

 

 

 

964

 

Dilutive effect of 2019 Equity Units (1)

 

 

7

 

 

 

 

Net income attributable to Dominion Energy from

    continuing operations - Diluted

 

$

672

 

 

$

964

 

Net income attributable to Dominion Energy from

    discontinued operations - Basic & Diluted

 

$

19

 

 

$

28

 

 

 

 

 

 

 

 

 

 

Average shares of common stock outstanding – Basic

 

 

810.6

 

 

 

805.9

 

Net effect of dilutive securities (2)

 

 

21.4

 

 

 

 

Average shares of common stock outstanding – Diluted

 

 

832.0

 

 

 

805.9

 

 

 

 

 

 

 

 

 

 

EPS from continuing operations – Basic

 

$

0.82

 

 

$

1.19

 

EPS from discontinued operations – Basic

 

 

0.02

 

 

 

0.04

 

EPS attributable to Dominion Energy – Basic

 

$

0.84

 

 

$

1.23

 

 

 

 

 

 

 

 

 

 

EPS from continuing operations – Diluted

 

$

0.81

 

 

$

1.19

 

EPS from discontinued operations – Diluted

 

 

0.02

 

 

 

0.04

 

EPS attributable to Dominion Energy – Diluted

 

$

0.83

 

 

$

1.23