Acquisitions and Dispositions (Tables)

3 Months Ended

Mar. 31, 2023

Text Block [Abstract]

Results of Operations Reported within Discontinued Operations

The following table represents selected information for each disposal group regarding the results of operations reported within discontinued operations in Dominion Energy's Consolidated Statements of Income:

	Three Months Ended March 31, 2023										Three Months Ended March 31, 2022
		East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other			East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other
(millions)
Operating revenue		$	312	$	326	$	730	$	1		$	310	$	335	$	519	$	2
Operating expense			216		208		579		3			218		224		388		2
Other income (expense)			8		2		1		—			7		2		—		—
Interest and related charges			15		13		16		—			3		9		10		—
Income (loss) before income    taxes			89		107		136		(2	)		96		104		121		—
Income tax expense (benefit)			13		24		29		(1	)		14		23		26		—
Net income (loss) attributable    to Dominion Energy(1)		$	76	$	83	$	107	$	(1	)	$	82	$	81	$	95	$	—

(1)Excludes $(9) million and $(4) million of income tax expense (benefit) attributable to consolidated state and interim period tax allocation adjustments for the three months ended March 31, 2023 and 2022, respectively.

Schedule of Major Classes of Assets and Liabilities of Disposal Groups Reported As Held for Sale

The carrying amount of major classes of assets and liabilities relating to the disposal groups, which are reported as held for sale in Dominion Energy's Consolidated Balance Sheets were as follows:

	At March 31, 2023								At December 31, 2022
	East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other		East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other
(millions)
Current assets(1)	$	476	$	275	$	985	$	1	$	544	$	381	$	803	$	1
Property, plant and equipment, net		5,064		2,623		4,021		46		5,012		2,591		3,984		47
Other deferred charges and other    assets, including goodwill(2) and    intangible assets		2,642		821		1,039		—		2,629		822		1,043		—
Current liabilities		489		117		311		1		634		151		612		1
Long-term debt		2,287		798		1,245		—		2,287		798		1,245		—
Other deferred credits and    liabilities		1,407		690		1,146		9		1,435		689		1,087		9

(1)Includes cash and cash equivalents of $4 million and $6 million within the East Ohio Transaction, less than $1 million and less than $1 million within the PSNC Transaction and $35 million and $28 million within the Questar Gas Transaction at March 31, 2023 and December 31, 2022, respectively. Also includes regulatory assets of $42 million and $90 million within the East Ohio Transaction, $93 million and $95 million within the PSNC Transaction and $514 million and $273 million within the Questar Gas Transaction at March 31, 2023 and December 31, 2022, respectively.

(2)Includes goodwill of $1.5 billion, $673 million and $983 million at both March 31, 2023 and December 31, 2022 within the East Ohio, PSNC and Questar Gas Transactions, respectively. Also includes regulatory assets of $779 million and $751 million within the East Ohio Transaction, $92 million and $93 million within the PSNC Transaction and $(27) million and $(22) million within the Questar Gas Transaction at March 31, 2023 and December 31, 2022, respectively.

(3)Includes regulatory liabilities of $52 million and $43 million within the East Ohio Transaction, $33 million and $11 million within the PSNC Transaction and $45 million and $144 million within the Questar Gas Transaction at March 31, 2023 and December 31, 2022, respectively.

(4)Includes regulatory liabilities of $743 million and $749 million within the East Ohio Transaction, $437 million and $436 million within the PSNC Transaction and $506 million and $506 million within the Questar Gas Transaction at March 31, 2023 and December 31, 2022, respectively.

Capital Expenditures and Significant Noncash Items Relating to the Disposal Groups

Capital expenditures and significant noncash items relating to the disposal groups included the following:

	Three Months Ended March 31, 2023									Three Months Ended March 31, 2022
		East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other		East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other
(millions)
Capital expenditures		$	98	$	44	$	85	$	—	$	95	$	43	$	104	$	—
Significant noncash items
Depreciation, depletion    and amortization			35		22		44		1		33		21		41		1
Accrued capital expenditures			30		22		18		—		30		13		24		—