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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating Activities    
Net income including noncontrolling interests $ 1,285 $ 981 [1]
Net income 1,266 961 [1]
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Impairment of merchant generation assets 48 444
Gains on sales of assets (118) 0
Depreciation, depletion and amortization (including nuclear fuel) 1,104 1,080
Deferred income taxes and investment tax credits 601 550
Rate refunds (5) (132)
Other adjustments (79) (91)
Changes in:    
Accounts receivable 98 371
Inventories (63) 35
Deferred fuel and purchased gas costs, net 85 332
Prepayments 46 (72)
Accounts payable (144) (216)
Accrued interest, payroll and taxes (38) 1
Margin deposit assets and liabilities (27) 126
Other operating assets and liabilities 157 53
Net cash provided by operating activities 2,950 3,462
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (2,978) (2,884)
Proceeds from sales of assets 595 0
Proceeds from sales of securities 1,260 1,040
Purchases of securities (1,278) (1,047)
Restricted cash equivalents 23 92
Other 30 15
Net cash used in investing activities (2,348) (2,784)
Financing Activities    
Repayment of short-term debt, net (267) (433)
Issuance of long-term debt 2,935 1,500
Repayment of long-term debt, including redemption premiums (1,214) (1,037)
Repayment of junior subordinated notes (258) 0
Acquisition of Juniper noncontrolling interest in Fairless (923) 0
Issuance of common stock 206 197
Common dividend payments (976) (906)
Subsidiary preferred dividend payments (12) (12)
Other (54) (8)
Net cash used in financing activities (563) (699)
Increase (decrease) in cash and cash equivalents 39 (21)
Cash and cash equivalents at beginning of period 248 [2] 102
Cash and cash equivalents at end of period 287 81
Significant noncash investing activities:    
Contribution of assets in exchange for additional ownership interest in Blue Racer 271 328
Contribution of assets in exchange for additional ownership interest in Blue Racer 473 0
Virginia Electric and Power Company
   
Operating Activities    
Net income 939 830
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 758 687
Deferred income taxes and investment tax credits 243 331
Rate refunds (5) (132)
Other adjustments (49) (47)
Changes in:    
Accounts receivable (65) (2)
Affiliated accounts payable 20 40
Inventories (15) 40
Deferred fuel and purchased gas costs, net 47 321
Accounts payable (10) 28
Accrued interest, payroll and taxes 150 70
Other operating assets and liabilities 23 121
Net cash provided by operating activities 2,036 2,287
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (1,794) (1,402)
Purchases of nuclear fuel (108) (142)
Proceeds from sales of securities 464 481
Purchases of securities (501) (491)
Restricted cash equivalents 0 21
Other (9) (18)
Net cash used in investing activities (1,948) (1,551)
Financing Activities    
Repayment of short-term debt, net (507) (789)
Repayment of affiliated current borrowings, net (435) 0
Issuance of long-term debt 1,835 450
Repayment of long-term debt, including redemption premiums (462) (10)
Common dividend payments (463) (379)
Subsidiary preferred dividend payments (12) (12)
Other (21) (4)
Net cash used in financing activities (65) (744)
Increase (decrease) in cash and cash equivalents 23 (8)
Cash and cash equivalents at beginning of period 28 [3] 29
Cash and cash equivalents at end of period 51 21
Significant noncash investing activities:    
Contribution of assets in exchange for additional ownership interest in Blue Racer $ 137 $ 136
[1] Net of $43 million and $57 million tax for the three months ended September 30, 2013 and 2012, respectively, and net of $21 million and $(28) million tax for the nine months ended September 30, 2013 and 2012, respectively.
[2] Dominion’s Consolidated Balance Sheet at December 31, 2012 has been derived from the audited Consolidated Financial Statements at that date.
[3] Virginia Power’s Consolidated Balance Sheet at December 31, 2012 has been derived from the audited Consolidated Financial Statements at that date.