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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net income including noncontrolling interests $ 163 $ 778 $ 1,759 $ 1,036
Net Income (Loss) 163 778 1,759 1,036
Other comprehensive income (loss), net of taxes:        
Net deferred gains (losses) on derivatives-hedging activities [1] 19 10 16 64
Changes in unrealized net gains (losses) on investment securities [2] (22) (27) (6) (116)
Changes in net unrecognized pension and other postretirement benefit costs [3]       30
Amounts reclassified to net income (loss):        
Net derivative (gains) losses-hedging activities 8 12 24 33
Net realized (gains) losses on investment securities [4] 2 1 1 13
Net pension and other postretirement benefit costs (credits) [5] (8) 26 (31) 59
Net earnings from equity method investees [6] 3   3  
Changes in other comprehensive income from equity method investees (1)     1
Total other comprehensive income (loss) 1 22 7 84
Comprehensive income including noncontrolling interests 164 800 1,766 1,120
Comprehensive income 164 800 1,766 1,120
Virginia Electric and Power Company        
Net Income (Loss) 473 571 1,158 975
Other comprehensive income (loss), net of taxes:        
Net deferred gains (losses) on derivatives-hedging activities [7] 18 13 15 57
Changes in unrealized net gains (losses) on investment securities [8] (3) (4) 0 (14)
Amounts reclassified to net income (loss):        
Net derivative (gains) losses-hedging activities [9] 0 0 0 1
Net realized (gains) losses on investment securities [10] 0 0 0 (1)
Total other comprehensive income (loss) 15 9 15 43
Comprehensive income $ 488 $ 580 $ 1,173 $ 1,018
[1] Net of $(6) million and $(4) million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $(5) million and $(22) million tax for the nine months ended September 30, 2023 and 2022, respectively.
[2] Net of $6 million and $9 million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $2 million and $37 million tax for the nine months ended September 30, 2023 and 2022, respectively.
[3] Net of $— million and $— million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $— million and $(8) million tax for the nine months ended September 30, 2023 and 2022, respectively.
[4] Net of $— million and $(1) million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $— million and $(5) million tax for the nine months ended September 30, 2023 and 2022, respectively.
[5] Net of $7 million and $(9) million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $15 million and $(21) million tax for the nine months ended September 30, 2023 and 2022, respectively.
[6] Net of $(1) million and $— million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $(1) million and $— million tax for the nine months ended September 30, 2023 and 2022, respectively.
[7] Net of $(7) million and $(5) million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $(6) million and $(20) million tax for the nine months ended September 30, 2023 and 2022, respectively.
[8] Net of $— million and $— million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $— million and $4 million tax for the nine months ended September 30, 2023 and 2022, respectively.
[9] Net of $(1) million and $(1) million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $(1) million and $(1) million tax for the nine months ended September 30, 2023 and 2022, respectively.
[10] Net of $— million and $— million tax for the three months ended September 30, 2023 and 2022, respectively, and net of $— million and $— million tax for the nine months ended September 30, 2023 and 2022, respectively.