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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Revenue $ 14,393 $ 13,938 $ 11,419
Operating Expenses      
Electric fuel and other energy-related purchases 3,935 3,711 2,368
Purchased electric capacity 55 59 70
Purchased gas 285 426 392
Other operations and maintenance 3,160 3,365 3,177
Depreciation and amortization 2,580 2,442 2,117
Other taxes 684 675 690
Impairment of assets and other charges 307 1,401 194
Losses (gains) on sales of assets (27) 426 415
Total operating expenses 10,979 12,505 9,423
Income from operations 3,414 1,433 1,996
Other income (expense) 992 109 1,139
Interest and related charges 1,674 1,002 1,255
Income from continuing operations including noncontrolling interests before income tax expense (benefit) 2,732 540 1,880
Income tax expense (benefit) 575 113 (181)
Net Income From Continuing Operations Including Noncontrolling Interests 2,157 427 2,061
Net Income (Loss) From Discontinued Operations Including Noncontrolling Interest [1],[2] (163) 894 1,358
Net Income Including Noncontrolling Interests 1,994 1,321 3,419
Noncontrolling Interests     20
Net Income 1,994 1,321 3,399
Amounts attributable to Dominion Energy      
Net income from continuing operations 2,157 427 2,041
Net income (loss) from discontinued operations $ (163) $ 894 $ 1,358
EPS - Basic      
Net income from continuing operations $ 2.48 $ 0.41 $ 2.44
Net income (loss) from discontinued operations (0.19) 1.08 1.68
Net income attributable to Dominion Energy 2.29 1.49 4.12
EPS - Diluted      
Net income from continuing operations 2.48 0.41 2.44
Net income (loss) from discontinued operations (0.19) 1.08 1.68
Net income attributable to Dominion Energy $ 2.29 $ 1.49 $ 4.12
Virginia Electric and Power Company      
Operating Revenue [3] $ 9,573 $ 9,654 $ 7,470
Operating Expenses      
Electric fuel and other energy-related purchases [3] 2,918 2,913 1,735
Purchased electric capacity 46 46 24
Affiliated suppliers 395 342 333
Other operations and maintenance 1,456 1,709 1,460
Depreciation and amortization 1,871 1,736 1,364
Other taxes 298 303 326
Impairment of assets and other charges (benefits) 115 557 (269)
Total operating expenses 7,099 7,606 4,973
Income from operations 2,474 2,048 2,497
Other income (expense) 131   146
Interest and related charges [3] 764 642 534
Income before income tax expense 1,841 1,406 2,109
Income tax expense (benefit) 389 294 447
Net Income Including Noncontrolling Interests 1,452 1,112 1,662
Net Income $ 1,452 $ 1,112 $ 1,662
[1] Includes income tax expense of $1.3 billion, $197 million and $374 million for the years ended December 31, 2023, 2022 and 2021, respectively.
[2] See Note 9 for amounts attributable to related parties.
[3] See Note 25 for amounts attributable to affiliates.