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Consolidated Statements of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities    
Net income including noncontrolling interests $ 823 $ 1,943
Net Income 815 1,935
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Gain from sale of Appalachian E&P operations   (2,467)
Loss from sale of Peoples   113
Charges related to workforce reduction program   288
Impairment of merchant generation facility 55 163
Depreciation, depletion and amortization (including nuclear fuel) 627 629
Deferred income taxes and investment tax credits 454 (210)
Contribution to employee pension plans   (250)
Rate refunds (45) (203)
Other adjustments (135) 7
Changes in:    
Accounts receivable 276 312
Inventories (31) 91
Deferred fuel and purchased gas costs (90) (46)
Prepayments (10) 299
Accounts payable (394) (131)
Accrued interest, payroll and taxes (267) 791
Margin deposit assets and liabilities (142) 5
Other operating assets and liabilities 166 72
Net cash provided by operating activities 1,287 1,406
Investing Activities    
Plant construction and other property additions (1,635) (1,654)
Proceeds from the sale of Appalachian E&P operations   3,450
Proceeds from the sale of Peoples   741
Proceeds from sale of securities 938 1,140
Purchases of securities (983) (2,064)
Restricted cash equivalents 99  
Other 46 48
Net cash provided by (used in) investing activities (1,535) 1,661
Financing Activities    
Issuance (repayment) of short-term debt, net 401 (1,295)
Issuance and remarketing of long-term debt 1,060  
Repayment of long-term debt (38) (411)
Issuance of common stock 32 48
Repurchase of common stock (601) (500)
Common dividend payments (568) (544)
Subsidiary preferred dividend payments (8) (8)
Other (12) 4
Net cash provided by (used in) financing activities 266 (2,706)
Increase in cash and cash equivalents 18 361
Cash and cash equivalents at beginning of period 62 [1] 50
Cash and cash equivalents at end of period 80 411
Significant noncash investing activities:    
Accrued capital expenditures 197 215
Virginia Electric and Power Company [Member]
   
Operating Activities    
Net Income 519 362
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Charges related to workforce reduction program   114
Depreciation, depletion and amortization (including nuclear fuel) 410 383
Deferred income taxes and investment tax credits 328 129
Rate refunds (45) (203)
Other adjustments (55) (29)
Changes in:    
Accounts receivable (114) 28
Affiliated accounts receivable and payable 2 18
Inventories (92) 23
Deferred fuel and purchased gas costs (105) (51)
Prepayments 19 (119)
Accounts payable (57) 20
Accrued interest, payroll and taxes (15) (24)
Other operating assets and liabilities 42 (92)
Net cash provided by operating activities 837 559
Investing Activities    
Plant construction and other property additions (898) (1,041)
Purchases of nuclear fuel (118) (63)
Proceeds from sale of securities 596 711
Purchases of securities (616) (724)
Restricted cash equivalents 63  
Other   5
Net cash provided by (used in) investing activities (973) (1,112)
Financing Activities    
Issuance (repayment) of short-term debt, net 333 (442)
Issuance (repayment) of affiliated current borrowings, net (44) 1,194
Issuance and remarketing of long-term debt 160  
Repayment of long-term debt (8) (9)
Common dividend payments (249) (189)
Subsidiary preferred dividend payments (8) (8)
Other   3
Net cash provided by (used in) financing activities 184 549
Increase in cash and cash equivalents 48 (4)
Cash and cash equivalents at beginning of period 5 [2] 19
Cash and cash equivalents at end of period 53 15
Significant noncash investing activities:    
Accrued capital expenditures 104 160
Settlement of debt and issuance of common stock to Dominion   $ 433
[1] Dominion's Consolidated Balance Sheet at December 31, 2010 has been derived from the audited Consolidated Financial Statements at that date.
[2] Virginia Power's Consolidated Balance Sheet at December 31, 2010 has been derived from the audited Consolidated Financial Statements at that date.