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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Revenue $ 17,174 $ 13,964 $ 14,172
Operating Expenses      
Electric fuel and other energy-related purchases 3,711 2,368 2,243
Purchased (excess) capacity 59 70 53
Purchased gas 1,582 1,083 889
Other operations and maintenance 3,984 3,734 3,685
Depreciation, depletion and amortization 2,830 2,478 2,332
Other taxes 923 909 871
Impairment of assets and other charges 2,063 195 2,105
Losses (gains) on sales of assets 426 108 (61)
Total operating expenses 15,578 10,945 12,117
Income from operations 1,596 3,019 2,055
Earnings from equity method investees 299 276 40
Other income 124 1,157 693
Interest and related charges 966 1,354 1,377
Income from continuing operations including noncontrolling interests before income tax expense 1,053 3,098 1,411
Income tax expense 68 425 83
Net Income From Continuing Operations Including Noncontrolling Interests 985 2,673 1,328
Net Income (Loss) From Discontinued Operations Including Noncontrolling Interest [1],[2] 9 641 (1,878)
Net Income (Loss) Including Noncontrolling Interests 994 3,314 (550)
Noncontrolling Interests   26 (149)
Net Income (Loss) Attributable to Dominion Energy 994 3,288 (401)
Amounts attributable to Dominion Energy      
Net income from continuing operations 985 2,647 1,583
Net income (loss) from discontinued operations $ 9 $ 641 $ (1,984)
EPS - Basic      
Net income from continuing operations $ 1.08 $ 3.19 $ 1.83
Net income (loss) discontinued operations 0.01 0.79 (2.39)
Net income (loss) attributable to Dominion Energy 1.09 3.98 (0.56)
EPS - Diluted      
Net income from continuing operations 1.08 3.19 1.82
Net income (loss) discontinued operations 0.01 0.79 (2.39)
Net income (loss) attributable to Dominion Energy $ 1.09 $ 3.98 $ (0.57)
Virginia Electric and Power Company      
Operating Revenue [3] $ 9,654 $ 7,470 $ 7,763
Operating Expenses      
Electric fuel and other energy-related purchases [3] 2,913 1,735 1,636
Purchased (excess) capacity 46 24 (17)
Affiliated suppliers 342 333 314
Other operations and maintenance 1,709 1,460 1,472
Depreciation, depletion and amortization 1,736 1,364 1,252
Other taxes 303 326 327
Impairment of assets and other charges (benefits) 557 (269) 1,093
Total operating expenses 7,606 4,973 6,077
Income from operations 2,048 2,497 1,686
Other income   146 80
Interest and related charges [3] 642 534 516
Income before income tax expense 1,406 2,109 1,250
Income tax expense 191 397 229
Net Income (Loss) Attributable to Dominion Energy $ 1,215 $ 1,712 $ 1,021
[1] Includes income tax expense (benefit) of $8 million, $188 million and $(204) million for the years ended December 31, 2022, 2021 and 2020, respectively.
[2] See Note 9 for amounts attributable to related parties.
[3] See Note 25 for amounts attributable to affiliates.