Long-Term Debt (Tables) (Dominion [Member])

12 Months Ended

Dec. 31, 2011

Dominion [Member]

Long term Debt

At December 31,	2011 Weighted- average Coupon(1)		2011			2010
(millions, except percentages)
Virginia Electric and Power Company:
Unsecured Senior Notes:
4.75% to 8.625%, due 2012 to 2016	5.17	%	$	1,675		$	1,680
3.45% to 8.875%, due 2017 to 2038	6.17	%	4,204			4,214
Tax-Exempt Financings:(2)
Variable rates, due 2016 to 2041(3)	1.24	%	454			219
1.375% to 6.5%, due 2017 to 2040	3.99	%	533			608
Virginia Electric and Power Company total principal			$	6,866		$	6,721
Securities due within one year	5.17	%	(616		)	(15		)
Unamortized discount and premium, net			(4		)	(4		)
Virginia Electric and Power Company total long-term debt			$	6,246		$	6,702
Dominion Resources, Inc.:
Unsecured Senior Notes:
1.8% to 7.195%, due 2012 to 2016	4.31	%	$	3,195		$	2,345
4.45% to 8.875%, due 2017 to 2041(4)	6.07	%	4,749			3,749
Unsecured Convertible Senior Notes, 2.125%, due 2023(5)			143			202
Unsecured Junior Subordinated Notes Payable to Affiliated Trusts, 7.83% and 8.4%, due 2027 and 2031	7.85	%	268			268
Enhanced Junior Subordinated Notes, 6.3% to 8.375%, due 2064 and 2066(6)	8.11	%	985			1,469
Enhanced Junior Subordinated Notes, variable rate, due 2066(6)	2.67	%	468			—
Unsecured Debentures and Senior Notes(7):
5.0% to 6.85%, due 2011 to 2014	5.06	%	622			1,091
6.8% and 6.875%, due 2026 and 2027	6.81	%	89			89
Dominion Energy, Inc.:
Secured Senior Notes:
5.03% to 5.78%, due 2013(8)	5.07	%	842			—
7.33%, due 2020(9)			159			171
Tax-Exempt Financings(10):
2.25% and 5.75%, due 2033 to 2042	3.52	%	284			124
Variable rate, due 2041	1.15	%	75			—
Virginia Electric and Power Company total principal (from above)			6,866			6,721
Dominion Resources, Inc. total principal			$	18,745		$	16,229
Fair value hedge valuation(11)			105			49
Securities due within one year(12)	5.62	%	(1,479		)	(497		)
Unamortized discount and premium, net			23			(23		)
Dominion Resources, Inc. total long-term debt			$	17,394		$	15,758

(1) Represents weighted-average coupon rates for debt outstanding as of December 31, 2011.

(2) These financings relate to certain pollution control equipment at Virginia Power's generating facilities. Certain variable rate tax-exempt financings are supported by a $120 million credit facility that terminates in September 2016.

(3) $160 million of tax-exempt bonds due in 2040 issued by the Industrial Development Authority of Wise County on behalf of Virginia Power were remarketed to a third party and included in the Consolidated Balance Sheets in March 2011. These bonds were originally issued in December 2010 and September 2009 but were not included in the 2010 Consolidated Balance Sheet because the bonds had been temporarily purchased and were held by Virginia Power.

(4) At the option of holders, $510 million of Dominion's 5.25% senior notes due 2033 and $600 million of Dominion's 8.875% senior notes due 2019 are subject to redemption at 100% of the principal amount plus accrued interest in August 2015 and January 2014, respectively.

(5) Convertible into a combination of cash and shares of Dominion's common stock at any time when the closing price of common stock equals 120% of the applicable conversion price or higher for at least 20 out of the last 30 consecutive trading days ending on the last trading day of the previous calendar quarter. At the option of holders on December 15, 2013 or 2018, these securities are subject to redemption at 100% of the principal amount plus accrued interest. These senior notes have been callable by Dominion since December 15, 2011.

(6) In September 2011, the $500 million6.3% 2006 Series B Enhanced Junior Subordinated Notes due 2066 began bearing interest at the three-month LIBOR plus 2.3%, reset quarterly.

(7) Represents debt assumed by Dominion from the merger of its former CNG subsidiary.

(8) Juniper notes issued in 2004 and consolidated in October 2011 due to Dominion becoming the primary beneficiary of this VIE. This amount excludes $48 million of net unamortized premium in 2011. The debt is non-recourse to Dominion and is secured by Juniper's assets.

(9) Represents debt associated with Kincaid. The debt is non-recourse to Dominion and is secured by the facility's assets ($530 million at December 31, 2011) and revenue.

(10) $235 million of tax-exempt bonds due in 2041 issued by the Massachusetts Development Finance Agency on behalf of Brayton Point were remarketed to third parties in July and August 2011, and included in the Consolidated Balance Sheet. These bonds were originally issued in December 2010 but were not included in the 2010 Consolidated Balance Sheet because the bonds had been temporarily purchased and were held by Dominion.

(11) Represents the valuation of certain fair value hedges associated with Dominion's fixed-rate debt.

(12) Includes $4 million of net unamortized discount in 2011.

Scheduled principal payments of long-term debt

Based on stated maturity dates rather than early redemption dates that could be elected by instrument holders, the scheduled principal payments of long-term debt at December 31, 2011, were as follows:

	2012			2013			2014			2015			2016			Thereafter			Total
(millions, except percentages)
Virginia Power	$	616		$	418		$	17		$	219		$	485		$	5,111		$	6,866
Weighted-average Coupon	5.17		%	4.88		%	7.73		%	5.43		%	5.29		%	5.52		%
Dominion
Secured Senior Notes	$	13		$	853		$	15		$	18		$	20		$	82		$	1,001
Unsecured Senior Notes	1,470			690			1,065			960			1,351			9,141			14,677
Tax-Exempt Financings	—			—			—			8			27			1,311			1,346
Unsecured Junior Subordinated Notes Payable to Affiliated Trusts	—			—			—			—			—			268			268
Enhanced Junior Subordinated Notes	—			—			—			—			—			1,453			1,453
Total	$	1,483		$	1,543		$	1,080		$	986		$	1,398		$	12,255		$	18,745
Weighted-average Coupon	5.62		%	5.04		%	3.99		%	4.52		%	4.29		%	5.79		%

Trust preferred securities and junior subordinated notes outstanding text block

The following table provides summary information about the trust preferred securities and junior subordinated notes outstanding as of December 31, 2011:

Date Established	Capital Trusts	Units	Rate		Trust Preferred Securities Amount		Common Securities Amount
		(thousands)			(millions)
December 1997	Dominion Resources Capital Trust I(1)	250	7.83	%	$	250	$	7.7
January 2001	Dominion Resources Capital Trust III(2)	10	8.4		10		0.3

Junior subordinated notes/debentures held as assets by each capital trust were as follows:

(1) $258 million-Dominion Resources, Inc. 7.83% Debentures due 12/1/2027.

(2) $10 million-Dominion Resources, Inc. 8.4% Debentures due 1/15/2031.