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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Revenue $ 3,883 $ 3,113
Operating Expenses    
Electric fuel and other energy-related purchases 1,022 678
Purchased electric capacity 8 13
Purchased gas 123 145
Other operations and maintenance 742 890
Depreciation, depletion and amortization 618 602
Other taxes 191 182
Impairment of assets and other charges (benefits) 98 (11)
Losses (gains) on sales of assets (2) (28)
Total operating expenses 2,800 2,471
Income from operations 1,083 642
Other income (expense) 276 43
Interest and related charges 479 242
Income from continuing operations including noncontrolling interests before income tax expense 880 443
Income tax expense 164 143
Net Income From Continuing Operations 716 300
Net Income From Discontinued Operations [1] 281 411
Net Income Including Noncontrolling Interests 997 711
Net Income 997 711
Amounts attributable to Dominion Energy    
Net income from continuing operations 716 300
Net income from discontinued operations $ 281 $ 411
EPS - Basic    
Net income from continuing operations $ 0.83 $ 0.34
Net income from discontinued operations 0.34 0.5
Net income attributable to Dominion Energy 1.17 0.84
EPS - Diluted    
Net income from continuing operations 0.83 0.34
Net income from discontinued operations 0.34 0.5
Net income attributable to Dominion Energy $ 1.17 $ 0.84
Virginia Electric and Power Company    
Operating Revenue [2] $ 2,384 $ 2,167
Operating Expenses    
Electric fuel and other energy-related purchases [2] 799 516
Purchased electric capacity 8 11
Affiliated suppliers 93 91
Other operations and maintenance 348 479
Depreciation, depletion and amortization 447 429
Other taxes 85 75
Impairment of assets and other charges 7 4
Total operating expenses 1,787 1,605
Income from operations 597 562
Other income (expense) 36 4
Interest and related charges [2] 181 148
Income before income tax expense 452 418
Income tax expense 99 61
Net Income $ 353 $ 357
[1] Includes income tax expense of $56 million and $100 million for the three months ended three months ended March 31, 2023 and 2022, respectively.
[2] See Note 19 for amounts attributable to affiliates.