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Consolidated Balance Sheets (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 80 $ 62 [1]
Customer receivables 1,695 2,158 [1]
Other receivables 303 88 [1]
Inventories 1,194 1,163 [1]
Derivative assets 476 739 [1]
Other 1,214 1,190 [1]
Total current assets 4,962 5,400 [1]
Investments    
Nuclear decommissioning trust funds 3,040 2,897 [1]
Investment in equity method affiliates 560 571 [1]
Restricted cash equivalents 301 400 [1]
Other 293 283 [1]
Total investments 4,194 4,151 [1]
Property, Plant and Equipment    
Property, plant and equipment 41,163 39,855 [1]
Accumulated depreciation, depletion and amortization (13,512) (13,142) [1]
Total property, plant and equipment, net 27,651 26,713 [1]
Deferred Charges and Other Assets    
Goodwill 3,141 3,141 [1]
Regulatory assets 1,473 1,446 [1]
Other 1,990 1,966 [1]
Total deferred charges and other assets 6,604 6,553 [1]
Total assets 43,411 42,817 [1]
Current Liabilities    
Securities due within one year 813 497 [1]
Short-term debt 1,786 1,386 [1]
Accounts payable 1,125 1,562 [1]
Accrued interest, payroll and taxes 582 849 [1]
Other 1,208 1,479 [1]
Total current liabilities 5,514 5,773 [1]
Long-Term Debt    
Long-term debt 14,765 14,023 [1]
Junior subordinated notes payable to affiliates 268 268 [1]
Enhanced junior subordinated notes 1,467 1,467 [1]
Total long-term debt 16,500 15,758 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 5,081 4,708 [1]
Asset retirement obligations 1,633 1,577 [1]
Regulatory liabilities 1,421 1,392 [1]
Other 1,325 1,355 [1]
Total deferred credits and other liabilities 9,460 9,032 [1]
Total liabilities 31,474 30,563 [1]
Commitments and Contingencies (see Note 15)     [1]
Subsidiary Preferred Stock Not Subject to Mandatory Redemption 257 257 [1]
Common Shareholders' Equity    
Common stock - no par 5,150 [2] 5,715 [1],[2]
Other paid-in capital 194 194 [1]
Retained earnings 6,665 6,418 [1]
Accumulated other comprehensive income (loss) (329) (330) [1]
Total common shareholders' equity 11,680 11,997 [1]
Total liabilities and shareholders' equity 43,411 42,817 [1]
Virginia Electric and Power Company [Member]
   
Current Assets    
Cash and cash equivalents 53 5 [3]
Customer receivables 887 905 [3]
Other receivables 186 54 [3]
Inventories 689 597 [3]
Prepayments 47 65 [3]
Other 380 355 [3]
Total current assets 2,242 1,981 [3]
Investments    
Nuclear decommissioning trust funds 1,379 1,319 [3]
Restricted cash equivalents 106 169 [3]
Other 4 4 [3]
Total investments 1,489 1,492 [3]
Property, Plant and Equipment    
Property, plant and equipment 28,490 27,607 [3]
Accumulated depreciation, depletion and amortization (9,941) (9,712) [3]
Total property, plant and equipment, net 18,549 17,895 [3]
Deferred Charges and Other Assets    
Intangible assets 217 212 [3]
Regulatory assets 444 370 [3]
Other 219 312 [3]
Total deferred charges and other assets 880 894 [3]
Total assets 23,160 22,262 [3]
Current Liabilities    
Securities due within one year 15 15 [3]
Short-term debt 933 600 [3]
Accounts payable 410 499 [3]
Payables to affiliates 78 76 [3]
Affiliated current borrowings 58 103 [3]
Accrued interest, payroll and taxes 201 214 [3]
Other 527 571 [3]
Total current liabilities 2,222 2,078 [3]
Long-Term Debt    
Long-term debt 6,854 6,702 [3]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,958 2,672 [3]
Asset retirement obligations 697 669 [3]
Regulatory liabilities 1,199 1,174 [3]
Other 201 203 [3]
Total deferred credits and other liabilities 5,055 4,718 [3]
Total liabilities 14,131 13,498 [3]
Commitments and Contingencies (see Note 15)     [3]
Subsidiary Preferred Stock Not Subject to Mandatory Redemption 257 257 [3]
Common Shareholders' Equity    
Common stock - no par 5,738 [4] 5,738 [3],[4]
Other paid-in capital 1,111 1,111 [3]
Retained earnings 1,897 1,634 [3]
Accumulated other comprehensive income (loss) 26 24 [3]
Total common shareholders' equity 8,772 8,507 [3]
Total liabilities and shareholders' equity $ 23,160 $ 22,262 [3]
[1] Dominion's Consolidated Balance Sheet at December 31, 2010 has been derived from the audited Consolidated Financial Statements at that date.
[2] 1 billion shares authorized; 569 million and 581 million shares outstanding at June 30, 2011 and December 31, 2010, respectively.
[3] Virginia Power's Consolidated Balance Sheet at December 31, 2010 has been derived from the audited Consolidated Financial Statements at that date.
[4] 500,000 shares and 300,000 shares authorized at June 30, 2011 and December 31, 2010, respectively; 274,723 shares outstanding at both June 30, 2011 and December 31, 2010.