XML 111 R103.htm IDEA: XBRL DOCUMENT v3.23.3
Significant Financing Transactions (Narrative) (Detail) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Sep. 01, 2022
Jul. 31, 2023
Jun. 30, 2023
Apr. 30, 2023
Mar. 31, 2023
Jan. 31, 2023
Jun. 30, 2022
May 31, 2022
Jun. 30, 2023
Mar. 31, 2023
Aug. 31, 2022
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Feb. 28, 2023
Dec. 31, 2022
Nov. 30, 2020
Aug. 31, 2020
Jul. 31, 2020
Debt Instrument [Line Items]                                      
Facility Limit [1]     $ 6,000,000,000           $ 6,000,000,000       $ 6,000,000,000            
Securities due within one year     4,346,000,000           4,346,000,000       4,346,000,000     $ 3,337,000,000 [2]      
Short-term debt     4,575,000,000           4,575,000,000       4,575,000,000     3,423,000,000 [2]      
Line of credit issued                         2,500,000,000            
Supplemental credit facility borrowings     $ 0           $ 0       $ 0     450,000,000 [2]      
Preferred stock shares authorized     20,000,000           20,000,000       20,000,000            
Issuance of common stock                         $ 85,000,000 $ 1,701,000,000          
Issuance of stock                 $ 42,000,000     $ 1,758,000,000 $ 85,000,000 $ 1,803,000,000          
Common Stock                                      
Debt Instrument [Line Items]                                      
Stock repurchased, shares                 0       0            
Issuance of stock (in shares)             400,000 900,000 1,000,000     21,000,000 2,000,000 22,000,000          
Issuance of stock             $ 30,000,000 $ 72,000,000 $ 42,000,000     $ 1,758,000,000 $ 85,000,000 $ 1,803,000,000          
Stock repurchase program, authorized amount                                 $ 1,000,000,000   $ 3,000,000
Common Stock | 2019 Series A Corporate Units                                      
Debt Instrument [Line Items]                                      
Issuance of stock (in shares)             19,400,000                        
Issuance of stock             $ 1,600,000                        
Series A Preferred Stock                                      
Debt Instrument [Line Items]                                      
Recorded dividend                       $ 5,000,000   $ 12,000,000          
Recorded dividends per share                       $ 2.917   $ 7.292          
Recorded interest expense                       $ 2,000,000   $ 2,000,000          
Series A Preferred Stock | 2019 Series A Corporate Units                                      
Debt Instrument [Line Items]                                      
Preferred stock dividend rate increase percentage 6.75%                                    
Preferred stock dividend rate percentage               1.75%     1.75%                
Stock repurchased, shares               1,600,000                      
Series B Preferred Stock                                      
Debt Instrument [Line Items]                                      
Recorded dividend                 $ 9,000,000     $ 9,000,000 $ 18,000,000 $ 18,000,000          
Recorded dividends per share                 $ 11.625     $ 11.625 $ 23.25 $ 23.25          
Series C Preferred Stock                                      
Debt Instrument [Line Items]                                      
Recorded dividend                 $ 11,000,000     $ 11,000,000 $ 22,000,000 $ 22,000,000          
Recorded dividends per share                 $ 10.875     $ 10.875 $ 21.75 $ 21.75          
Various Programs                                      
Debt Instrument [Line Items]                                      
Issuance of common stock                         $ 85,000,000 $ 91,000,000          
Issuance of stock (in shares)                         2,000,000 1,000,000          
At-the-Market Program                                      
Debt Instrument [Line Items]                                      
Sale agreement expiration month and year                         2023-06            
Floating Rate Demand Notes                                      
Debt Instrument [Line Items]                                      
Short-term debt     $ 403,000,000           $ 403,000,000       $ 403,000,000     347,000,000      
Floating Rate Demand Notes | Shelf Registration for Sale of Demand Notes                                      
Debt Instrument [Line Items]                                      
Facility Limit                               3,000,000,000      
DESC                                      
Debt Instrument [Line Items]                                      
Facility Limit     500,000,000           500,000,000       500,000,000            
DESC | Short-term Indebtedness                                      
Debt Instrument [Line Items]                                      
Facility Limit         $ 2,200,000,000         $ 2,200,000,000                  
Questar Gas Company                                      
Debt Instrument [Line Items]                                      
Facility Limit     250,000,000           250,000,000       250,000,000            
Virginia Electric and Power Company                                      
Debt Instrument [Line Items]                                      
Facility Limit [3]     6,000,000,000           6,000,000,000       6,000,000,000            
Aggregate outstanding principal     160,000,000           160,000,000       160,000,000            
Securities due within one year     379,000,000           379,000,000       379,000,000     1,164,000,000 [4]      
Short-term debt     $ 1,265,000,000           $ 1,265,000,000       $ 1,265,000,000     $ 941,000,000 [4]      
Interest rate percentage     3.65%           3.65%       3.65%            
Debt, maturity month and year     2027-10                                
Issuance of stock (in shares)                 0     0 0 0          
Virginia Electric and Power Company | Interest Rate Swap                                      
Debt Instrument [Line Items]                                      
Debt, maturity month and year         2023-12                            
Reduction in securities due within one year         $ 448,000,000         448,000,000                  
Derivative notional value                                   $ 900,000,000  
Virginia Electric and Power Company | Senior Notes Due in 2033                                      
Debt Instrument [Line Items]                                      
Total Long-term Debt         $ 750,000,000         $ 750,000,000                  
Interest rate percentage         5.00%         5.00%                  
Debt maturity year                   2033                  
Virginia Electric and Power Company | Senior Notes Due in 2053                                      
Debt Instrument [Line Items]                                      
Total Long-term Debt         $ 750,000,000         $ 750,000,000                  
Interest rate percentage         5.45%         5.45%                  
Debt maturity year                   2053                  
Dominion Energy                                      
Debt Instrument [Line Items]                                      
Preferred stock shares issued     1,800,000           1,800,000       1,800,000     1,800,000      
Preferred stock shares outstanding     1,800,000           1,800,000       1,800,000     1,800,000      
Dominion Energy | Series B Preferred Stock                                      
Debt Instrument [Line Items]                                      
Preferred stock shares issued     800,000           800,000       800,000     800,000      
Preferred stock shares outstanding     800,000           800,000       800,000     800,000      
Dominion Energy | Series C Preferred Stock                                      
Debt Instrument [Line Items]                                      
Preferred stock shares issued     1,000,000           1,000,000       1,000,000     1,000,000      
Preferred stock shares outstanding     1,000,000           1,000,000       1,000,000     1,000,000      
GENCO | Short-term Indebtedness                                      
Debt Instrument [Line Items]                                      
Facility Limit         $ 200,000,000         $ 200,000,000                  
Joint Revolving Credit Facility                                      
Debt Instrument [Line Items]                                      
Facility Limit     $ 6,000,000,000           $ 6,000,000,000       $ 6,000,000,000            
Letter of Credit                                      
Debt Instrument [Line Items]                                      
Facility Limit         100,000,000         100,000,000                  
Credit facility, outstanding amount     0           0       0            
Letters of credit issued and outstanding     58,000,000           58,000,000       58,000,000            
Letter of Credit | Maximum                                      
Debt Instrument [Line Items]                                      
Letters of credit issued and outstanding     1,000,000           1,000,000       1,000,000            
Letter of Credit | Credit Facility, Maturing in June 2024                                      
Debt Instrument [Line Items]                                      
Facility Limit     30,000,000           30,000,000       30,000,000            
Credit facility, outstanding amount     25,000,000           25,000,000       $ 25,000,000     $ 25,000,000      
Line of credit facility, maturity date                         Jun. 30, 2024            
Letter of Credit | Virginia Electric and Power Company                                      
Debt Instrument [Line Items]                                      
Facility Limit         $ 200,000,000 $ 125,000,000       200,000,000                  
Line of credit facility, maturity date           Jan. 31, 2026                          
Line of credit issued                         $ 60,000,000            
Sustainability Revolving Credit Agreement | Dominion Energy                                      
Debt Instrument [Line Items]                                      
Debt maturity year         2024                            
Supplemental credit facility borrowings     450,000,000           450,000,000       450,000,000     $ 450,000,000      
Sustainability Revolving Credit Agreement | Dominion Energy | General Corporate Purposes                                      
Debt Instrument [Line Items]                                      
Proceeds from borrowings           $ 450,000,000                          
Repayments of borrowings       $ 450,000,000                              
364 Term loan facility                                      
Debt Instrument [Line Items]                                      
Facility Limit   $ 600,000,000       2,500,000,000                          
Credit facility, outstanding amount   $ 750,000,000     $ 1,000,000,000 $ 1,000,000,000       $ 1,000,000,000         $ 500,000,000        
Line of credit facility, maturity date   Jul. 24, 2024       Jan. 31, 2024                          
Securities due within one year     $ 2,500,000,000           $ 2,500,000,000       $ 2,500,000,000            
[1] This credit facility matures in June 2026, with the potential to be extended by the borrowers to June 2028, and can be used by the borrowers under the credit facility to support bank borrowings and the issuance of commercial paper, as well as to support up to a combined $2.0 billion of letters of credit.
[2] Dominion Energy’s Consolidated Balance Sheet at December 31, 2022 has been derived from the audited Consolidated Balance Sheet at that date and recast for certain events as discussed in Note 1.
[3] The full amount of the facility is available to Virginia Power, less any amounts outstanding to co-borrowers Dominion Energy, Questar Gas and DESC. The sub-limit for Virginia Power is set pursuant to the terms of the facility but can be changed at the option of the borrowers multiple times per year. At June 30, 2023, the sub-limit for Virginia Power was $1.75 billion. If Virginia Power has liquidity needs in excess of
its sub-limit, the sub-limit may be changed or such needs may be satisfied through short-term intercompany borrowings from Dominion Energy. This credit facility matures in June 2026, with the potential to be extended by the borrowers to June 2028. The credit facility can be used to support bank borrowings and the issuance of commercial paper, as well as to support up to $2.0 billion (or the sub-limit, whichever is less) of letters of credit.
[4] Virginia Power’s Consolidated Balance Sheet at December 31, 2022 has been derived from the audited Consolidated Balance Sheet at that date.