Comprehensive Income

6 Months Ended

Jun. 30, 2011

Comprehensive Income

Note 8. Comprehensive Income

The following table presents Dominion's total comprehensive income:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
(millions)
Net income including noncontrolling interests	$	340		$	1,765		$	823		$	1,943
Other comprehensive income (loss):
Net other comprehensive loss associated with effective portion of changes in fair value of derivatives designated as cash flow hedges, net of taxes and amounts reclassified to earnings		(6	)		(111	)(1)		(78	)(2)		(5	)
Other, net of tax		4			(48	)(3)		79	(4)		16
Other comprehensive income (loss)		(2	)		(159	)		1			11
Comprehensive income including noncontrolling interests		338			1,606			824			1,954
Noncontrolling interests		4			4			8			8
Total comprehensive income attributable to Dominion	$	334		$	1,602		$	816		$	1,946

(1) Reflects the impact of changes in commodity prices and the reclassification of gains related to interest rate derivatives to earnings.

(2) Primarily reflects an increase in commodity prices.

(3) Primarily represents a net reduction in unrealized gains on investments held in nuclear decommissioning trusts.

(4) Primarily reflects a net increase in unrealized gains on investments held in nuclear decommissioning trusts and changes in net unrecognized amounts related to pension and OPEB.

The following table presents Virginia Power's total comprehensive income:

	Three Months Ended June 30,					Six Months Ended June 30,
	2011		2010			2011			2010
(millions)
Net income	$	241	$	267		$	519		$	362
Other comprehensive income (loss):
Net other comprehensive loss associated with effective portion of changes in fair value of derivatives designated as cash flow hedges, net of taxes and amounts reclassified to earnings		—		(3	)		(1	)		(8	)
Other, net of tax		—		(6	)		3			(4	)
Other comprehensive income (loss)		—		(9	)		2			(12	)
Total comprehensive income	$	241	$	258		$	521		$	350

Virginia Electric and Power Company [Member]

Comprehensive Income

Note 8. Comprehensive Income

The following table presents Dominion's total comprehensive income:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
(millions)
Net income including noncontrolling interests	$	340		$	1,765		$	823		$	1,943
Other comprehensive income (loss):
Net other comprehensive loss associated with effective portion of changes in fair value of derivatives designated as cash flow hedges, net of taxes and amounts reclassified to earnings		(6	)		(111	)(1)		(78	)(2)		(5	)
Other, net of tax		4			(48	)(3)		79	(4)		16
Other comprehensive income (loss)		(2	)		(159	)		1			11
Comprehensive income including noncontrolling interests		338			1,606			824			1,954
Noncontrolling interests		4			4			8			8
Total comprehensive income attributable to Dominion	$	334		$	1,602		$	816		$	1,946

(1) Reflects the impact of changes in commodity prices and the reclassification of gains related to interest rate derivatives to earnings.

(2) Primarily reflects an increase in commodity prices.

(3) Primarily represents a net reduction in unrealized gains on investments held in nuclear decommissioning trusts.

(4) Primarily reflects a net increase in unrealized gains on investments held in nuclear decommissioning trusts and changes in net unrecognized amounts related to pension and OPEB.

The following table presents Virginia Power's total comprehensive income:

	Three Months Ended June 30,					Six Months Ended June 30,
	2011		2010			2011			2010
(millions)
Net income	$	241	$	267		$	519		$	362
Other comprehensive income (loss):
Net other comprehensive loss associated with effective portion of changes in fair value of derivatives designated as cash flow hedges, net of taxes and amounts reclassified to earnings		—		(3	)		(1	)		(8	)
Other, net of tax		—		(6	)		3			(4	)
Other comprehensive income (loss)		—		(9	)		2			(12	)
Total comprehensive income	$	241	$	258		$	521		$	350