XML 46 R57.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivatives and Hedge Accounting Activities (Schedule of Offsetting Assets) (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Offsetting Assets [Line Items]    
Gross Amounts of Recognized Assets $ 1,320 $ 799
Total derivatives, not subject to a master netting or similar arrangement 11 29
Derivative Assets 1,331 [1] 828 [1]
Gross Amounts Offset in the Consolidated Balance Sheet 0 [1] 0 [1]
Financial Instruments 953 466
Cash Collateral Received 2 4
Net Amounts 365 329
Derivative assets 1,040 518 [2]
Current Assets
   
Offsetting Assets [Line Items]    
Derivative assets 1,046  
Current Derivative Assets
   
Offsetting Assets [Line Items]    
Derivative assets 1,040 518
Assets Held-for-sale
   
Offsetting Assets [Line Items]    
Derivative assets 6  
Non Current Derivative Assets
   
Offsetting Assets [Line Items]    
Derivative assets, noncurrent 285 310
Interest rate
   
Offsetting Assets [Line Items]    
Gross Amounts of Recognized Assets 136 93
Gross Amounts Offset in the Consolidated Balance Sheet 0 0
Financial Instruments 1 19
Cash Collateral Received 0 0
Net Amounts 135 74
Commodity | Over-the-counter
   
Offsetting Assets [Line Items]    
Gross Amounts of Recognized Assets 286 290
Gross Amounts Offset in the Consolidated Balance Sheet 0 0
Financial Instruments 97 97
Cash Collateral Received 0 0
Net Amounts 189 193
Commodity | Exchange
   
Offsetting Assets [Line Items]    
Gross Amounts of Recognized Assets 898 416
Gross Amounts Offset in the Consolidated Balance Sheet 0 0
Financial Instruments 855 350
Cash Collateral Received 2 4
Net Amounts 41 62
Virginia Electric and Power Company
   
Offsetting Assets [Line Items]    
Total derivatives, not subject to a master netting or similar arrangement 0 0
Derivative Assets 44 [1] 6 [1]
Gross Amounts Offset in the Consolidated Balance Sheet 0 [1] 0 [1]
Virginia Electric and Power Company | Current Assets
   
Offsetting Assets [Line Items]    
Derivative assets 44 6
Virginia Electric and Power Company | Interest rate
   
Offsetting Assets [Line Items]    
Gross Amounts of Recognized Assets 43 0
Gross Amounts Offset in the Consolidated Balance Sheet 0 0
Financial Instruments 1 0
Cash Collateral Received 0 0
Net Amounts 42 0
Virginia Electric and Power Company | Commodity | Over-the-counter
   
Offsetting Assets [Line Items]    
Gross Amounts of Recognized Assets 1 6
Gross Amounts Offset in the Consolidated Balance Sheet 0 0
Financial Instruments 1 3
Cash Collateral Received 0 0
Net Amounts 0 3
Virginia Electric and Power Company | Commodity | Exchange
   
Offsetting Assets [Line Items]    
Gross Amounts of Recognized Assets 44 6
Gross Amounts Offset in the Consolidated Balance Sheet 0 0
Financial Instruments 2 3
Cash Collateral Received 0 0
Net Amounts $ 42 $ 3
[1] At June 30, 2013, the total derivative asset balance contains $1,046 million of current assets, $1,040 million and $6 million of which is presented in current derivative assets and assets held for sale, respectively, in Dominion’s Consolidated Balance Sheet, and $285 million of noncurrent assets, which is presented in other deferred charges and other assets in Dominion’s Consolidated Balance Sheet. At December 31, 2012, the total derivative asset balance contains $518 million of current assets, which is presented in current derivative assets in Dominion’s Consolidated Balance Sheet and $310 million of noncurrent assets, which is presented in other deferred charges and other assets in Dominion’s Consolidated Balance Sheet.
[2] Dominion’s Consolidated Balance Sheet at December 31, 2012 has been derived from the audited Consolidated Financial Statements at that date.