Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The following table presents Dominion’s changes in AOCI by component, net of tax:

	Deferred gains and losses on derivatives-hedging activities			Unrealized gains and losses on investment securities			Unrecognized pension and other postretirement benefit costs			Total
(millions)
Three Months Ended June 30, 2013
Beginning balance	$	(136	)	$	377		$	(1,061	)	$	(820	)
Other comprehensive income before reclassifications: gains (losses)	122			3			228			353
Amounts reclassified from accumulated other comprehensive income(1): (gains) losses	(17		)	(9		)	10			(16		)
Net current-period other comprehensive income (loss)	105			(6		)	238			337
Ending balance	$	(31	)	$	371		$	(823	)	$	(483	)
Six Months Ended June 30, 2013
Beginning balance	$	(122	)	$	326		$	(1,081	)	$	(877	)
Other comprehensive income before reclassifications: gains (losses)	32			81			228			341
Amounts reclassified from accumulated other comprehensive income(1): (gains) losses	59			(36		)	30			53
Net current-period other comprehensive income (loss)	91			45			258			394
Ending balance	$	(31	)	$	371		$	(823	)	$	(483	)

(1) See table below for details about these reclassifications.

The following table presents Dominion’s reclassifications out of AOCI by component:

Details about AOCI components	Amounts reclassified from AOCI			Affected line item in the Consolidated Statements of Income
(millions)
Three Months Ended June 30, 2013
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(29	)	Operating revenue
Interest rate contracts	3			Interest and related charges
	(26		)
Tax	9			Income tax expense
	$	(17	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(17	)	Other income
Impairment	3			Other income
	(14		)
Tax	5			Income tax expense
	$	(9	)
Unrecognized pension and other postretirement benefit costs:
Prior service costs	$	(6	)	Other operations and maintenance
Actuarial losses	27			Other operations and maintenance
	21
Tax	(11		)	Income tax expense
	$	10
Six Months Ended June 30, 2013
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	55		Operating revenue
	34			Purchased gas
	3			Electric fuel and other energy-related purchases
Interest rate contracts	6			Interest and related charges
	98
Tax	(39		)	Income tax expense
	$	59
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(64	)	Other income
Impairment	5			Other income
	(59		)
Tax	23			Income tax expense
	$	(36	)
Unrecognized pension and other postretirement benefit costs:
Prior service costs	$	(6	)	Other operations and maintenance
Actuarial losses	56			Other operations and maintenance

	50
Tax	(20		)	Income tax expense
	$	30