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Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2023
Compensation And Retirement Disclosure [Abstract]  
Net Periodic Benefit Cost (Credit)

The service cost component of net periodic benefit (credit) cost is reflected in other operations and maintenance expense in Dominion Energy’s Consolidated Statements of Income. The non-service cost components of net periodic benefit (credit) cost are reflected in other income (expense) in Dominion Energy’s Consolidated Statements of Income. The components of Dominion Energy’s provision for net periodic benefit cost (credit) are as follows:

 

 

Pension Benefits

 

 

Other Postretirement Benefits

 

Three Months Ended March 31,

 

2023

 

 

2022

 

 

2023

 

 

2022

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

24

 

 

$

36

 

 

$

3

 

 

$

6

 

Interest cost

 

 

111

 

 

 

83

 

 

 

15

 

 

 

11

 

Expected return on plan assets

 

 

(216

)

 

 

(223

)

 

 

(38

)

 

 

(48

)

Amortization of prior service cost (credit)

 

 

 

 

 

 

 

 

(9

)

 

 

(10

)

Amortization of net actuarial (gain) loss

 

 

 

 

 

40

 

 

 

(1

)

 

 

 

Net periodic benefit (credit) cost

 

$

(81

)

 

$

(64

)

 

$

(30

)

 

$

(41

)