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Fair Value Measurements (Financial Instruments' Carrying Amounts and Fair Values) (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended 12 Months Ended
Jun. 30, 2013
Dec. 31, 2012
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Junior subordinated notes $ 1,373 $ 1,373 [1]
Subsidiary preferred stock 257 257 [1]
Valuation of certain fair value hedges 69 93
Issuance expenses of subsidiary preferred stock 2 2
Carrying Amount
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total Long-term Debt 16,682 [2] 16,841 [2]
Securities due within one year, VIE 844 [3] 860 [3]
Junior subordinated notes 1,373 [3] 1,373 [3]
Remarketable subordinated notes 1,078 [3] 0 [3]
Subsidiary preferred stock 257 [4] 257 [4]
Estimate of Fair Value
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total Long-term Debt 18,569 [2] 19,898 [2],[5]
Securities due within one year, VIE 855 [3] 864 [3],[5]
Junior subordinated notes 1,418 [3] 1,430 [3],[5]
Remarketable subordinated notes 1,103 [3] 0 [3],[5]
Subsidiary preferred stock 256 [4] 255 [4],[5]
Virginia Electric and Power Company
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Subsidiary preferred stock 257 257 [6]
Virginia Electric and Power Company | Carrying Amount
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total Long-term Debt 7,456 [2] 6,669 [2]
Subsidiary preferred stock 257 [4] 257 [4]
Virginia Electric and Power Company | Estimate of Fair Value
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total Long-term Debt 8,494 [2] 8,270 [2],[5]
Subsidiary preferred stock $ 256 [4] $ 255 [4],[5]
[1] Dominion’s Consolidated Balance Sheet at December 31, 2012 has been derived from the audited Consolidated Financial Statements at that date.
[2] Includes amounts which represent the unamortized discount and premium. At June 30, 2013 and December 31, 2012, includes the valuation of certain fair value hedges associated with Dominion’s fixed rate debt of approximately $69 million and $93 million, respectively.
[3] Includes amounts which represent the unamortized discount or premium.
[4] Includes deferred issuance expenses of $2 million at June 30, 2013 and December 31, 2012.
[5] Fair value is estimated using market prices, where available, and interest rates currently available for issuance of debt with similar terms and remaining maturities. All fair value measurements are classified as Level 2. The carrying amount of debt issues with short-term maturities and variable rates refinanced at current market rates is a reasonable estimate of their fair value.
[6] Virginia Power’s Consolidated Balance Sheet at December 31, 2012 has been derived from the audited Consolidated Financial Statements at that date.