Employee Benefit Plans

9 Months Ended

Sep. 30, 2011

Employee Benefit Plans

Employee Benefit Plans

The components of Dominion's provision for net periodic benefit cost were as follows:

	Pension Benefits						Other Postretirement Benefits
	2011			2010			2011			2010
(millions)
Three Months Ended September 30,
Service cost	$	27		$	25		$	12		$	13
Interest cost	65			66			24			26
Expected return on plan assets	(110		)	(103		)	(21		)	(17		)
Amortization of prior service cost (credit)	—			1			(3		)	(2		)
Amortization of net loss	24			15			3			3
Net periodic benefit cost	$	6		$	4		$	15		$	23
Nine Months Ended September 30,
Service cost	$	81		$	77		$	36		$	41
Interest cost	194			200			71			76
Expected return on plan assets	(331		)	(308		)	(60		)	(52		)
Amortization of prior service cost (credit)	2			3			(10		)	(5		)
Amortization of net loss	72			45			9			9
Settlements and curtailments(1)	—			84			(1		)	37
Special termination benefits(2)	—			10			—			1
Net periodic benefit cost	$	18		$	111		$	45		$	107

(1) 2010 amounts relate to the sale of Peoples and a workforce reduction program.

(2) Represents a one-time special termination benefit for certain employees in connection with a workforce reduction program.

Employer Contributions

During the nine months ended September 30, 2011, Dominion made no contributions to its defined benefit pension plans or OPEB plans. Dominion expects to contribute approximately $18 million to its OPEB plans through Voluntary Employees' Beneficiary Associations during the remainder of 2011.