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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 248 $ 102
Customer receivables 1,621 1,780
Other receivables 96 255
Inventories:    
Materials and supplies 684 641
Fossil fuel 467 541
Gas stored 108 166
Derivative assets 518 705
Regulatory assets 203 541
Prepayments 326 262
Deferred income taxes 573 9
Other 296 428
Total current assets 5,140 5,430
Investments    
Nuclear decommissioning trust funds 3,330 2,999
Investment in equity method affiliates 558 553
Restricted cash equivalents 33 141
Other 270 292
Total investments 4,191 3,985
Property, Plant and Equipment    
Property, plant and equipment 43,364 42,033
Property, plant and equipment, VIE 957 957
Accumulated depreciation, depletion and amortization (13,548) (13,320)
Total property, plant and equipment, net 30,773 29,670
Deferred Charges and Other Assets    
Goodwill 3,130 [1] 3,141 [1]
Pension and other postretirement benefit assets 702 681
Intangible assets 536 637
Regulatory assets 1,717 1,382
Other 649 688
Total deferred charges and other assets 6,734 6,529
Total assets 46,838 45,614
Current Liabilities    
Securities due within one year 1,363 1,479
Securities due within one year, VIE 860 0
Short-term debt 2,412 1,814
Accounts payable 1,137 1,250
Accrued interest, payroll and taxes 636 648
Derivative liabilities 510 951
Regulatory liabilities 136 243
Other 709 577
Total current liabilities 7,763 6,962
Long-Term Debt    
Long-term debt 15,478 14,785
Long-term debt, VIE 0 890
Junior subordinated notes 1,373 1,719
Total long-term debt 16,851 17,394
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 5,800 5,216
Asset retirement obligations 1,641 1,383
Pension and other postretirement benefit liabilities 1,831 962
Regulatory liabilities 1,514 1,324
Other 556 613
Total deferred credits and other liabilities 11,342 9,498
Total liabilities 35,956 33,854
Subsidiary Preferred Stock Not Subject To Mandatory Redemption 257 257
Equity    
Common stock-no par 5,493.0 [2] 5,180.0 [2]
Other paid-in capital 162 179
Retained earnings 5,790 6,697
Accumulated other comprehensive loss (877) (610)
Total common shareholders' equity 10,568 11,446
Noncontrolling interest 57 57
Total equity 10,625 11,503
Total liabilities and equity 46,838 45,614
Virginia Electric and Power Company
   
Current Assets    
Cash and cash equivalents 28 29
Customer receivables 849 892
Other receivables 51 145
Inventories:    
Materials and supplies 385 359
Fossil fuel 404 438
Regulatory assets 119 479
Prepayments 23 41
Deferred income taxes 92 0
Other 30 53
Total current assets 1,981 2,436
Investments    
Nuclear decommissioning trust funds 1,515 1,370
Other 14 36
Total investments 1,529 1,406
Property, Plant and Equipment    
Property, plant and equipment 30,631 28,626
Accumulated depreciation, depletion and amortization (10,014) (9,615)
Total property, plant and equipment, net 20,617 19,011
Deferred Charges and Other Assets    
Intangible assets 181 183
Regulatory assets 396 399
Other 107 109
Total deferred charges and other assets 684 691
Total assets 24,811 23,544
Current Liabilities    
Securities due within one year 418 616
Short-term debt 992 894
Accounts payable 430 405
Payables to affiliates 67 108
Affiliated current borrowings 435 187
Accrued interest, payroll and taxes 204 226
Derivative liabilities 33 135
Customer deposits 100 106
Regulatory liabilities 32 178
Deferred income taxes 0 91
Other 296 175
Total current liabilities 3,007 3,121
Long-Term Debt    
Total long-term debt 6,251 6,246
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 3,879 3,180
Asset retirement obligations 705 624
Regulatory liabilities 1,285 1,095
Other 194 271
Total deferred credits and other liabilities 6,063 5,170
Total liabilities 15,321 14,537
Commitments and Contingencies (see Note 22)      
Subsidiary Preferred Stock Not Subject To Mandatory Redemption 257 257
Equity    
Common stock-no par 5,738.0 [3] 5,738.0 [3]
Other paid-in capital 1,113 1,111
Retained earnings 2,357 1,882
Accumulated other comprehensive loss 25 19
Total common shareholders' equity 9,233 8,750
Total equity 9,233 8,750
Total liabilities and equity $ 24,811 $ 23,544
[1] Goodwill amounts do not contain any accumulated impairment losses.
[2] 1 billion shares authorized; 576 million shares and 570 million shares outstanding at December 31, 2012 and 2011, respectively.
[3] 500,000 shares shares authorized at December 31, 2012 and 2011; 274,723 shares outstanding at December 31, 2012 and 2011.