Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2014

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			Other comprehensive income (loss) from equity method investee			Total
(millions)
Three Months Ended March 31, 2014
Beginning balance	$	(288	)	$	474		$	(510	)	$	—		$	(324	)
Other comprehensive income before reclassifications: gains (losses)	(150		)	29			(4		)	(7		)	(132		)
Amounts reclassified from accumulated other comprehensive income(1): (gains) losses	160			(11		)	8			—			157
Net current-period other comprehensive income (loss)	10			18			4			(7		)	25
Ending balance	$	(278	)	$	492		$	(506	)	$	(7	)	$	(299	)
Three Months Ended March 31, 2013
Beginning balance	$	(122	)	$	326		$	(1,081	)	$	—		$	(877	)
Other comprehensive income before reclassifications: gains (losses)	(90		)	78			—			—			(12		)
Amounts reclassified from accumulated other comprehensive income(1): (gains) losses	76			(27		)	20			—			69
Net current-period other comprehensive income (loss)	(14		)	51			20			—			57
Ending balance	$	(136	)	$	377		$	(1,061	)	$	—		$	(820	)

(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 March 31, 2014
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	269		Operating revenue
	1			Purchased gas
	(13		)	Electric fuel and other energy-related purchases
Interest rate contracts	3			Interest and related charges
	260
Tax	(100		)	Income tax expense
	$	160
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(20	)	Other income
Impairment	2			Other income
	(18		)
Tax	7			Income tax expense
	$	(11	)
Unrecognized pension and other postretirement benefit costs:
Prior service costs	$	(3	)	Other operations and maintenance
Actuarial (gain) losses	17			Other operations and maintenance
	14
Tax	(6		)	Income tax expense
	$	8
Three Months Ended March 31, 2013
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	84		Operating revenue
	34			Purchased gas
	3			Electric fuel and other energy-related purchases
Interest rate contracts	3			Interest and related charges
	124
Tax	(48		)	Income tax expense
	$	76
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(47	)	Other income
Impairment	2			Other income
	(45		)
Tax	18			Income tax expense
	$	(27	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	29		Other operations and maintenance
	29
Tax	(9		)	Income tax expense
	$	20