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Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 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

 

 

 

Quarter-to-Date

 

 

Year-to-Date

 

 

Quarter-to-Date

 

 

Year-to-Date

 

Period Ended June 30,

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

24

 

 

$

35

 

 

$

48

 

 

$

71

 

 

$

4

 

 

$

5

 

 

$

7

 

 

$

11

 

Interest cost

 

 

110

 

 

 

84

 

 

 

221

 

 

 

167

 

 

 

16

 

 

 

12

 

 

 

31

 

 

 

23

 

Expected return on plan assets

 

 

(216

)

 

 

(223

)

 

 

(432

)

 

 

(446

)

 

 

(38

)

 

 

(48

)

 

 

(76

)

 

 

(96

)

Amortization of prior service
   cost (credit)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(9

)

 

 

(9

)

 

 

(18

)

 

 

(19

)

Amortization of net actuarial
   (gain) loss

 

 

 

 

 

40

 

 

 

 

 

 

80

 

 

 

(2

)

 

 

(1

)

 

 

(3

)

 

 

(1

)

Net periodic benefit
   (credit) cost

 

$

(82

)

 

$

(64

)

 

$

(163

)

 

$

(128

)

 

$

(29

)

 

$

(41

)

 

$

(59

)

 

$

(82

)