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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 190 $ 248 [1]
Customer receivables (less allowance for doubtful accounts) 1,514 1,621 [1]
Other receivables (less allowance for doubtful accounts) 133 96 [1]
Inventories 1,154 1,259 [1]
Derivative assets 1,040 518 [1]
Assets held for sale 347 0 [1]
Other 1,485 1,398 [1]
Total current assets 5,863 5,140 [1]
Investments    
Nuclear decommissioning trust funds 3,551 3,330 [1]
Investment in equity method affiliates 560 558 [1]
Other 276 303 [1]
Total investments 4,387 4,191 [1]
Property, Plant and Equipment    
Property, plant and equipment 44,610 43,364 [1]
Property, plant and equipment, VIE 957 957 [1]
Accumulated depreciation, depletion and amortization (14,013) (13,548) [1]
Total property, plant and equipment, net 31,554 30,773 [1]
Deferred Charges and Other Assets    
Goodwill 3,125 3,130 [1]
Regulatory assets 1,473 1,717 [1]
Other 2,024 1,887 [1]
Total deferred charges and other assets 6,622 6,734 [1]
Total assets 48,426 46,838 [1]
Current Liabilities    
Securities due within one year 1,090 1,363 [1]
Securities due within one year, VIE 844 860 [1]
Short-term debt 2,105 2,412 [1]
Accounts payable 909 1,137 [1]
Derivative liabilities 950 510 [1]
Liabilities held for sale 37 0 [1]
Other 1,442 1,481 [1]
Total current liabilities 7,377 7,763 [1]
Long-Term Debt    
Long-term debt 15,592 15,478 [1]
Junior subordinated notes 1,373 1,373 [1]
Remarketable subordinated notes 1,078 0
Total long-term debt 18,043 16,851 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 6,525 5,800 [1]
Asset retirement obligations 1,592 1,641 [1]
Pension and other postretirement benefit liabilities 1,299 1,831 [1]
Regulatory liabilities 1,616 1,514 [1]
Other 657 556 [1]
Total deferred credits and other liabilities 11,689 11,342 [1]
Total liabilities 37,109 35,956 [1]
Commitments and Contingencies (see Note 15)       [1]
Subsidiary Preferred Stock Not Subject to Mandatory Redemption 257 257 [1]
Equity    
Common stock - no par 5,650 [2] 5,493 [1],[2]
Other paid-in capital 0 162 [1]
Retained earnings 5,836 5,790 [1]
Accumulated other comprehensive loss (483) (877) [1]
Total common shareholders’ equity 11,003 10,568 [1]
Noncontrolling interest 57 57 [1]
Total equity 11,060 10,625 [1]
Total liabilities and equity 48,426 46,838 [1]
Virginia Electric and Power Company
   
Current Assets    
Cash and cash equivalents 14 28 [3]
Customer receivables (less allowance for doubtful accounts) 897 849 [3]
Other receivables (less allowance for doubtful accounts) 55 51 [3]
Inventories 793 789 [3]
Prepayments 70 23 [3]
Other 275 241 [3]
Total current assets 2,104 1,981 [3]
Investments    
Nuclear decommissioning trust funds 1,612 1,515 [3]
Other 14 14 [3]
Total investments 1,626 1,529 [3]
Property, Plant and Equipment    
Property, plant and equipment 31,684 30,631 [3]
Accumulated depreciation, depletion and amortization (10,327) (10,014) [3]
Total property, plant and equipment, net 21,357 20,617 [3]
Deferred Charges and Other Assets    
Intangible assets, net 184 181 [3]
Regulatory assets 405 396 [3]
Other 113 107 [3]
Total deferred charges and other assets 702 684 [3]
Total assets 25,789 24,811 [3]
Current Liabilities    
Securities due within one year 58 418 [3]
Short-term debt 1,084 992 [3]
Accounts payable 361 430 [3]
Payables to affiliates 75 67 [3]
Affiliated current borrowings 50 435 [3]
Accrued interest, payroll and taxes 205 204 [3]
Other 403 461 [3]
Total current liabilities 2,236 3,007 [3]
Long-Term Debt    
Total long-term debt 7,398 6,251 [3]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 4,037 3,879 [3]
Asset retirement obligations 718 705 [3]
Regulatory liabilities 1,371 1,285 [3]
Other 253 194 [3]
Total deferred credits and other liabilities 6,379 6,063 [3]
Total liabilities 16,013 15,321 [3]
Commitments and Contingencies (see Note 15)       [3]
Subsidiary Preferred Stock Not Subject to Mandatory Redemption 257 257 [3]
Equity    
Common stock - no par 5,738 [4] 5,738 [3],[4]
Other paid-in capital 1,113 1,113 [3]
Retained earnings 2,633 2,357 [3]
Accumulated other comprehensive loss 35 25 [3]
Total common shareholders’ equity 9,519 9,233 [3]
Total liabilities and equity $ 25,789 $ 24,811 [3]
[1] Dominion’s Consolidated Balance Sheet at December 31, 2012 has been derived from the audited Consolidated Financial Statements at that date.
[2] 1 billion shares authorized; 579 million shares and 576 million shares outstanding at June 30, 2013 and December 31, 2012, respectively.
[3] Virginia Power’s Consolidated Balance Sheet at December 31, 2012 has been derived from the audited Consolidated Financial Statements at that date.
[4] 500,000 shares authorized; 274,723 shares outstanding at June 30, 2013 and December 31, 2012.