XML 52 R39.htm IDEA: XBRL DOCUMENT v3.22.2.2
Accumulated Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2022
Schedule of Changes in AOCI Net of Tax and Reclassifications out of AOCI by Component

The following table presents Dominion Energy’s changes in AOCI (net of tax) and reclassifications out of AOCI by component:

 

 

 

Commodity

 

 

 

 

Interest Rate

 

 

 

 

Total Derivative-Hedging Activities(1)

 

 

 

 

Investment

Securities(2)

 

 

 

 

Pension and other postretirement benefit costs(3)

 

 

 

 

Equity Method Investees(4)

 

 

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

—

 

 

 

 

$

(283

)

 

 

 

$

(283

)

 

 

 

$

(40

)

 

 

 

$

(1,070

)

 

 

 

$

(3

)

 

 

 

$

(1,396

)

Other comprehensive income

    before reclassifications:

    gains (losses)

 

 

—

 

 

 

 

 

10

 

 

 

 

 

10

 

 

 

 

 

(27

)

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(17

)

Amounts reclassified from

    AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest and related

    charges

 

 

—

 

 

 

 

 

16

 

 

 

 

 

16

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

16

 

           Other income (expense)

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

2

 

 

 

 

 

35

 

 

 

 

 

—

 

 

 

 

 

37

 

Total

 

 

—

 

 

 

 

 

16

 

 

 

 

 

16

 

 

 

 

 

2

 

 

 

 

 

35

 

 

 

 

 

—

 

 

 

 

 

53

 

Income tax expense (benefit)

 

 

—

 

 

 

 

 

(4

)

 

 

 

 

(4

)

 

 

 

 

(1

)

 

 

 

 

(9

)

 

 

 

 

—

 

 

 

 

 

(14

)

Total, net of tax

 

 

—

 

 

 

 

 

12

 

 

 

 

 

12

 

 

 

 

 

1

 

 

 

 

 

26

 

 

 

 

 

—

 

 

 

 

 

39

 

Net current period other comprehensive

   income (loss)

 

 

—

 

 

 

 

 

22

 

 

 

 

 

22

 

 

 

 

 

(26

)

 

 

 

 

26

 

 

 

 

 

—

 

 

 

 

 

22

 

Ending balance

 

$

—

 

 

 

 

$

(261

)

 

 

 

$

(261

)

 

 

 

$

(66

)

 

 

 

$

(1,044

)

 

 

 

$

(3

)

 

 

 

$

(1,374

)

Three Months Ended September 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

—

 

 

 

 

$

(371

)

 

 

 

$

(371

)

 

 

 

$

41

 

 

 

 

$

(1,309

)

 

 

 

$

(1

)

 

 

 

$

(1,640

)

Other comprehensive income

    before reclassifications:

    gains (losses)

 

 

—

 

 

 

 

 

(2

)

 

 

 

 

(2

)

 

 

 

 

4

 

 

 

 

 

(1

)

 

 

 

 

(3

)

 

 

 

 

(2

)

Amounts reclassified from

    AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest and related

    charges

 

 

—

 

 

 

 

 

14

 

 

 

 

 

14

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

14

 

Other income (expense)

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(4

)

 

 

 

 

25

 

 

 

 

 

—

 

 

 

 

 

21

 

Total

 

 

—

 

 

 

 

 

14

 

 

 

 

 

14

 

 

 

 

 

(4

)

 

 

 

 

25

 

 

 

 

 

—

 

 

 

 

 

35

 

Income tax expense (benefit)

 

 

—

 

 

 

 

 

(4

)

 

 

 

 

(4

)

 

 

 

 

1

 

 

 

 

 

(6

)

 

 

 

 

—

 

 

 

 

 

(9

)

Total, net of tax

 

 

—

 

 

 

 

 

10

 

 

 

 

 

10

 

 

 

 

 

(3

)

 

 

 

 

19

 

 

 

 

 

—

 

 

 

 

 

26

 

Net current period other comprehensive

   income (loss)

 

 

—

 

 

 

 

 

8

 

 

 

 

 

8

 

 

 

 

 

1

 

 

 

 

 

18

 

 

 

 

 

(3

)

 

 

 

 

24

 

Ending balance

 

$

—

 

 

 

 

$

(363

)

 

 

 

$

(363

)

 

 

 

$

42

 

 

 

 

$

(1,291

)

 

 

 

$

(4

)

 

 

 

$

(1,616

)

 

(1)

Net of $87 million, $94 million, $121 million and $125 million tax at September 30, 2022, June 30, 2022, September 30, 2021 and June 30, 2021, respectively.

(2)

Net of $23 million, $14 million, $(11) million and $(12) million tax at September 30, 2022, June 30, 2022, September 30, 2021 and June 30, 2021, respectively.

(3)

Net of $367 million, $376 million, $448 million and $455 million tax at September 30, 2022, June 30, 2022, September 30, 2021 and June 30, 2021, respectively.

(4)

Net of $1 million, $1 million, $1 million and $— million tax at September 30, 2022, June 30, 2022, September 30, 2021 and June 30, 2021, respectively.

 

 

 

Commodity

 

 

 

 

Interest Rate

 

 

 

 

Total Derivative-Hedging Activities(1)

 

 

 

 

Investment

Securities(2)

 

 

 

 

Pension and other postretirement benefit costs(3)

 

 

 

 

Equity Method Investees(4)

 

 

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

—

 

 

 

 

$

(358

)

 

 

 

$

(358

)

 

 

 

$

37

 

 

 

 

$

(1,133

)

 

 

 

$

(4

)

 

 

 

$

(1,458

)

Other comprehensive income

    before reclassifications:

    gains (losses)

 

 

—

 

 

 

 

 

64

 

 

 

 

 

64

 

 

 

 

 

(116

)

 

 

 

 

30

 

 

 

 

 

1

 

 

 

 

 

(21

)

Amounts reclassified from

    AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest and related

    charges

 

 

—

 

 

 

 

 

44

 

 

 

 

 

44

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

44

 

Other income (expense)

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

18

 

 

 

 

 

80

 

 

 

 

 

—

 

 

 

 

 

98

 

Total

 

 

—

 

 

 

 

 

44

 

 

 

 

 

44

 

 

 

 

 

18

 

 

 

 

 

80

 

 

 

 

 

—

 

 

 

 

 

142

 

Income tax expense (benefit)

 

 

—

 

 

 

 

 

(11

)

 

 

 

 

(11

)

 

 

 

 

(5

)

 

 

 

 

(21

)

 

 

 

 

—

 

 

 

 

 

(37

)

Total, net of tax

 

 

—

 

 

 

 

 

33

 

 

 

 

 

33

 

 

 

 

 

13

 

 

 

 

 

59

 

 

 

 

 

—

 

 

 

 

 

105

 

Net current period other comprehensive

   income (loss)

 

 

—

 

 

 

 

 

97

 

 

 

 

 

97

 

 

 

 

 

(103

)

 

 

 

 

89

 

 

 

 

 

1

 

 

 

 

 

84

 

Ending balance

 

$

—

 

 

 

 

$

(261

)

 

 

 

$

(261

)

 

 

 

$

(66

)

 

 

 

$

(1,044

)

 

 

 

$

(3

)

 

 

 

$

(1,374

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(1

)

 

 

 

$

(418

)

 

 

 

$

(419

)

 

 

 

$

62

 

 

 

 

$

(1,359

)

 

 

 

$

(1

)

 

 

 

$

(1,717

)

Other comprehensive income

    before reclassifications:

    gains (losses)

 

 

—

 

 

 

 

 

21

 

 

 

 

 

21

 

 

 

 

 

(15

)

 

 

 

 

5

 

 

 

 

 

(3

)

 

 

 

 

8

 

Amounts reclassified from

    AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchased gas

 

 

1

 

 

 

 

 

—

 

 

 

 

 

1

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

1

 

Interest and related

    charges

 

 

—

 

 

 

 

 

46

 

 

 

 

 

46

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

46

 

Other income (expense)

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(7

)

 

 

 

 

85

 

 

 

 

 

—

 

 

 

 

 

78

 

Total

 

 

1

 

 

 

 

 

46

 

 

 

 

 

47

 

 

 

 

 

(7

)

 

 

 

 

85

 

 

 

 

 

—

 

 

 

 

 

125

 

Income tax expense (benefit)

 

 

—

 

 

 

 

 

(12

)

 

 

 

 

(12

)

 

 

 

 

2

 

 

 

 

 

(22

)

 

 

 

 

—

 

 

 

 

 

(32

)

Total, net of tax

 

 

1

 

 

 

 

 

34

 

 

 

 

 

35

 

 

 

 

 

(5

)

 

 

 

 

63

 

 

 

 

 

—

 

 

 

 

 

93

 

Net current period other comprehensive

   income (loss)

 

 

1

 

 

 

 

 

55

 

 

 

 

 

56

 

 

 

 

 

(20

)

 

 

 

 

68

 

 

 

 

 

(3

)

 

 

 

 

101

 

Ending balance

 

$

—

 

 

 

 

$

(363

)

 

 

 

$

(363

)

 

 

 

$

42

 

 

 

 

$

(1,291

)

 

 

 

$

(4

)

 

 

 

$

(1,616

)

 

(1)

Net of $87 million, $119 million, $121 million and $141 million tax at September 30, 2022, December 31, 2021, September 30, 2021 and December 31, 2020, respectively.

(2)

Net of $23 million, $(10) million, $(11) million and $(21) million tax at September 30, 2022, December 31, 2021, September 30, 2021 and December 31, 2020, respectively.

(3)

Net of $367 million, $396 million, $448 million, and $478 million tax at September 30, 2022, December 31, 2021, September 30, 2021 and December 31, 2020, respectively.

(4)

Net of $1 million, $1 million, $1 million and $— tax at September 30, 2022, December 31, 2021, September 30, 2021 and December 31, 2020, respectively.
Virginia Electric and Power Company  
Schedule of Changes in AOCI Net of Tax and Reclassifications out of AOCI by Component

The following table presents Virginia Power’s changes in AOCI (net of tax) and reclassifications out of AOCI by component:

 

 

 

Interest Rate

 

 

 

 

Total Derivative-Hedging Activities(1)

 

 

 

 

Investment

Securities(2)

 

 

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

—

 

 

 

 

$

—

 

 

 

 

$

(7

)

 

 

 

$

(7

)

Other comprehensive income before

    reclassifications: gains (losses)

 

 

13

 

 

 

 

 

13

 

 

 

 

 

(4

)

 

 

 

 

9

 

Amounts reclassified from AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

           Interest and related charges

 

 

1

 

 

 

 

 

1

 

 

 

 

 

—

 

 

 

 

 

1

 

           Other income (expense)

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

Total

 

 

1

 

 

 

 

 

1

 

 

 

 

 

—

 

 

 

 

 

1

 

Income tax expense (benefit)

 

 

(1

)

 

 

 

 

(1

)

 

 

 

 

—

 

 

 

 

 

(1

)

Total, net of tax

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

Net current period other comprehensive income (loss)

 

 

13

 

 

 

 

 

13

 

 

 

 

 

(4

)

 

 

 

 

9

 

Ending balance

 

$

13

 

 

 

 

$

13

 

 

 

 

$

(11

)

 

 

 

$

2

 

Three Months Ended September 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(39

)

 

 

 

$

(39

)

 

 

 

$

6

 

 

 

 

$

(33

)

Other comprehensive income before

    reclassifications: gains (losses)

 

 

(2

)

 

 

 

 

(2

)

 

 

 

 

—

 

 

 

 

 

(2

)

Amounts reclassified from AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

           Interest and related charges

 

 

1

 

 

 

 

 

1

 

 

 

 

 

—

 

 

 

 

 

1

 

           Other income (expense)

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(1

)

 

 

 

 

(1

)

Total

 

 

1

 

 

 

 

 

1

 

 

 

 

 

(1

)

 

 

 

 

—

 

Income tax expense (benefit)

 

 

(1

)

 

 

 

 

(1

)

 

 

 

 

—

 

 

 

 

 

(1

)

Total, net of tax

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(1

)

 

 

 

 

(1

)

Net current period other comprehensive income (loss)

 

 

(2

)

 

 

 

 

(2

)

 

 

 

 

(1

)

 

 

 

 

(3

)

Ending balance

 

$

(41

)

 

 

 

$

(41

)

 

 

 

$

5

 

 

 

 

$

(36

)

(1)   Net of $(4) million, $— million, $14 million and $14 million tax at September 30, 2022, June 30, 2022, September 30, 2021 and June 30, 2021, respectively

 

(2)   Net of $4 million, $3 million, $(2) million and $(2) million tax at September 30, 2022, June 30, 2022, September 30, 2021 and June 30, 2021, respectively.

 

 

    

    

 

 

Interest Rate

 

 

 

 

Total Derivative-Hedging Activities(1)

 

 

 

 

Investment

Securities(2)

 

 

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(45

)

 

 

 

$

(45

)

 

 

 

$

4

 

 

 

 

$

(41

)

Other comprehensive income before

    reclassifications: gains (losses)

 

 

57

 

 

 

 

 

57

 

 

 

 

 

(14

)

 

 

 

 

43

 

Amounts reclassified from AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

           Interest and related charges

 

 

2

 

 

 

 

 

2

 

 

 

 

 

—

 

 

 

 

 

2

 

           Other income (expense)

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(1

)

 

 

 

 

(1

)

Total

 

 

2

 

 

 

 

 

2

 

 

 

 

 

(1

)

 

 

 

 

1

 

Income tax expense (benefit)

 

 

(1

)

 

 

 

 

(1

)

 

 

 

 

—

 

 

 

 

 

(1

)

Total, net of tax

 

 

1

 

 

 

 

 

1

 

 

 

 

 

(1

)

 

 

 

 

—

 

Net current period other comprehensive income (loss)

 

 

58

 

 

 

 

 

58

 

 

 

 

 

(15

)

 

 

 

 

43

 

Ending balance

 

$

13

 

 

 

 

$

13

 

 

 

 

$

(11

)

 

 

 

$

2

 

Nine Months Ended September 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(60

)

 

 

 

$

(60

)

 

 

 

$

8

 

 

 

 

$

(52

)

Other comprehensive income before

    reclassifications: gains (losses)

 

 

18

 

 

 

 

 

18

 

 

 

 

 

(2

)

 

 

 

 

16

 

Amounts reclassified from AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

           Interest and related charges

 

 

2

 

 

 

 

 

2

 

 

 

 

 

—

 

 

 

 

 

2

 

           Other income (expense)

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(1

)

 

 

 

 

(1

)

Total

 

 

2

 

 

 

 

 

2

 

 

 

 

 

(1

)

 

 

 

 

1

 

Income tax expense (benefit)

 

 

(1

)

 

 

 

 

(1

)

 

 

 

 

—

 

 

 

 

 

(1

)

Total, net of tax

 

 

1

 

 

 

 

 

1

 

 

 

 

 

(1

)

 

 

 

 

—

 

Net current period other comprehensive income (loss)

 

 

19

 

 

 

 

 

19

 

 

 

 

 

(3

)

 

 

 

 

16

 

Ending balance

 

$

(41

)

 

 

 

$

(41

)

 

 

 

$

5

 

 

 

 

$

(36

)

(1)

Net of $(4) million, $16 million, $14 million and $21 million tax at September 30, 2022, December 31, 2021, September 30, 2021 and December 31, 2020, respectively.

(2)

Net of $4 million, $(2) million, $(2) million and $(3) million tax at September 30, 2022, December 31, 2021, September 30, 2021 and December 31, 2020, respectively.