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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities      
Net income including noncontrolling interests $ 1,426 $ 2,825 [1] $ 1,304
Net income attributable to Dominion 1,408 2,808 1,287
Adjustments to reconcile net income including noncontrolling interests to net cash from operating activities:      
Gain from sale of Appalachian E&P operations 0 (2,467) 0
Loss from sale of Peoples 0 113 0
Charges (payments) related to workforce reduction program (115) 229 0
Impairment of generation assets 283 194 0
Impairment of gas and oil properties 0 21 455
Net reserves (payments) related to rate cases 3 (500) 794
Contributions to pension plans 0 (650) 0
Depreciation, depletion and amortization (including nuclear fuel) 1,288 1,258 1,319
Deferred income taxes and investment tax credits, net 756 682 (494)
Other adjustments (92) (61) (137)
Changes in:      
Accounts receivable 365 (60) 458
Inventories (185) 35 (10)
Prepayments (19) 139 (234)
Deferred fuel expenses, net (3) (246) 802
Accounts payable (413) 119 (156)
Accrued interest, payroll and taxes (216) 166 (81)
Margin deposit assets and liabilities (71) (147) (273)
Other operating assets and liabilities (24) 175 39
Net cash provided by operating activities 2,983 1,825 3,786
Investing Activities      
Plant construction and other property additions (3,652) (3,422) (3,837)
Proceeds from sales of securities and loan receivable collections and payoffs 1,757 2,814 1,478
Purchases of securities and loan receivable originations (1,824) (2,851) (1,511)
Investment in affiliates and partnerships (4) (2) (43)
Distributions from affiliates and partnerships 43 47 174
Restricted cash equivalents 259 (396) 1
Other 100 38 43
Net cash provided by (used in) investing activities (3,321) 419 (3,695)
Financing Activities      
Issuance (repayment) of short-term debt, net 429 91 (735)
Issuance and remarketing of long-term debt 2,320 1,090 1,695
Repayment and repurchase of long-term debt (637) (1,492) (447)
Issuance of common stock 38 74 456
Repurchase of common stock (601) (900) 0
Common dividend payments (1,129) (1,076) (1,039)
Preferred dividend payments (17) (17) (17)
Other (25) (2) (25)
Net cash provided by (used in) financing activities 378 (2,232) (112)
Increase (decrease) in cash and cash equivalents 40 12 (21)
Cash and cash equivalents at beginning of year 62 [2],[3] 50 [2],[3] 71 [2]
Cash and cash equivalents at end of year 102 [3] 62 [2],[3] 50 [2],[3]
Supplemental Cash Flow Information      
Interest and related charges, excluding capitalized amounts 920 894 890
Income taxes 166 991 1,480
Significant noncash investing and financing activities      
Accrued capital expenditures 328 240 240
Variable Interest Entities Consolidated Fair Value Assets 957 0 0
Variable Interest Entities Consolidated Fair Value Debt 896 0 0
Debt for equity exchange 0 0 56
Appalachian E And P [Member]
     
Investing Activities      
Proceeds from the sale of business 0 3,450 0
Peoples [Member]
     
Investing Activities      
Proceeds from the sale of business 0 741 0
Virginia Electric and Power Company [Member]
     
Operating Activities      
Net income including noncontrolling interests 822 852 356 [4]
Net income attributable to Dominion 822 852 356
Adjustments to reconcile net income including noncontrolling interests to net cash from operating activities:      
Charges (payments) related to workforce reduction program (53) 98 0
Impairment of generation assets 228 0 0
Net reserves (payments) related to rate cases 3 (500) 782
Contributions to pension plans 0 (302) 0
Depreciation, depletion and amortization (including nuclear fuel) 838 782 747
Deferred income taxes and investment tax credits, net 496 609 (409)
Other adjustments (40) (40) (58)
Changes in:      
Accounts receivable 76 (9) 58
Affiliated accounts receivable and payable (7) 11 (13)
Inventories (200) 17 (67)
Prepayments 24 (10) (24)
Deferred fuel expenses, net 12 (213) 639
Accounts payable (117) 108 (58)
Accrued interest, payroll and taxes 12 1 (24)
Other operating assets and liabilities (70) 5 41
Net cash provided by operating activities 2,024 1,409 1,970
Investing Activities      
Plant construction and other property additions (1,885) (2,113) (2,338)
Purchases of nuclear fuel (205) (121) (150)
Purchases of securities (1,057) (1,211) (731)
Proceeds from sales of securities 1,030 1,192 715
Restricted cash equivalents 137 (165) 1
Other 33 (7) (65)
Net cash provided by (used in) investing activities (1,947) (2,425) (2,568)
Financing Activities      
Issuance (repayment) of short-term debt, net 294 158 145
Issuance of affiliated current borrowings, net 85 1,101 585
Issuance and remarketing of long-term debt 235 605 460
Repayment and repurchase of long-term debt (91) (347) (126)
Common dividend payments (557) (500) (463)
Preferred dividend payments (17) (17) (17)
Other (2) 2 6
Net cash provided by (used in) financing activities (53) 1,002 590
Increase (decrease) in cash and cash equivalents 24 (14) (8)
Cash and cash equivalents at beginning of year 5 19 27
Cash and cash equivalents at end of year 29 5 19
Supplemental Cash Flow Information      
Interest and related charges, excluding capitalized amounts 376 349 353
Income taxes (27) (101) 630
Significant noncash investing and financing activities      
Accrued capital expenditures 199 136 133
Settlement of debt and issuance of common stock to Dominion $ 0 $ 1,000 $ 1,000
[1] Other comprehensive income for the year ended December 31, 2009 excludes a $20 million ($12 million after-tax) adjustment to AOCI representing the cumulative effect of the change in accounting principle related to the recognition and presentation of other-than-temporary impairments.
[2] 2009 amount includes $5 million of cash classified as held for sale in Dominion's Consolidated Balance Sheet.
[3] 2009 amount includes $2 million of cash classified as held for sale in Dominion's Consolidated Balance Sheet.
[4] Other comprehensive income for the year ended December 31, 2009 excludes a $3 million ($2 million after-tax) adjustment to AOCI representing the cumulative effect of the change in accounting principle related to the recognition and presentation of other-than-temporary impairments.