Investments (Tables)

3 Months Ended

Mar. 31, 2014

Gain (Loss) on Investments [Line Items]

Dominion’s decommissioning trust funds are summarized below:



	Amortized Cost		Total Unrealized Gains⁽¹⁾		Total Unrealized Losses ⁽¹⁾				Fair Value
(millions)
March 31, 2014
Marketable equity securities:
U.S. Large Cap	$	1,214	$	1,219	$	—			$	2,433
Marketable debt securities:
Corporate bonds	375		17		(1		)		391
U.S. Treasury securities and agency debentures	612		8		(6		)		614
State and municipal	305		16		(1		)		320
Other	7		—		—				7
Cost method investments	99		—		—				99
Cash equivalents and other⁽²⁾	105		—		—				105
Total	$	2,717	$	1,260	$	(8	)	⁽³⁾	$	3,969
December 31, 2013
Marketable equity securities:
U.S.:
Large Cap	$	1,183	$	1,194	$	—			$	2,377
Other	49		23		—				72
Marketable debt securities:
Corporate bonds	332		16		(3		)		345
U.S. Treasury securities and agency debentures	589		8		(10		)		587
State and municipal	297		11		(5		)		303
Other	3		—		—				3
Cost method investments	106		—		—				106
Cash equivalents and other⁽²⁾	110		—		—				110
Total	$	2,669	$	1,252	$	(18	)	⁽³⁾	$	3,903


(1)	Included in AOCI and the decommissioning trust regulatory liability.


(2)	Includes pending purchases of securities of $13 million and pending sales of securities of $11 million at March 31, 2014 and December 31, 2013, respectively.


(3)	The fair value of securities in an unrealized loss position was $475 million and $604 million at March 31, 2014 and December 31, 2013, respectively.

Investments Classified by Contractual Maturity Date

The fair value of Dominion’s marketable debt securities held in nuclear decommissioning trust funds at March 31, 2014 by contractual maturity is as follows:



	Amount
(millions)
Due in one year or less	$	134
Due after one year through five years	379
Due after five years through ten years	403
Due after ten years	416
Total	$	1,332

Marketable Securities

Presented below is selected information regarding Dominion’s marketable equity and debt securities held in nuclear decommissioning trust funds.



	Three Months Ended March 31,
	2014		2013
(millions)
Proceeds from sales	$	442	$	554
Realized gains⁽¹⁾	38		63
Realized losses⁽¹⁾	6		6


(1)	Includes realized gains and losses recorded to the decommissioning trust regulatory liability.

Virginia Electric and Power Company

Gain (Loss) on Investments [Line Items]

Available-For-Sale Securities

Virginia Power’s decommissioning trust funds are summarized below:



	Amortized Cost		Total Unrealized Gains⁽¹⁾		Total Unrealized Losses⁽¹⁾				Fair Value
(millions)
March 31, 2014
Marketable equity securities:
U.S. Large Cap	$	522	$	523	$	—			$	1,045
Marketable debt securities:
Corporate bonds	211		9		(1		)		219
U.S. Treasury securities and agency debentures	217		2		(2		)		217
State and municipal	175		7		(1		)		181
Other	1		—		—				1
Cost method investments	99		—		—				99
Cash equivalents and other⁽²⁾	34		—		—				34
Total	$	1,259	$	541	$	(4	)	⁽³⁾	$	1,796
December 31, 2013
Marketable equity securities:
U.S.:
Large Cap	$	506	$	514	$	—			$	1,020
Other	25		11		—				36
Marketable debt securities:
Corporate bonds	185		8		(2		)		191
U.S. Treasury securities and agency debentures	214		1		(3		)		212
State and municipal	163		4		(4		)		163
Cost method investments	106		—		—				106
Cash equivalents and other⁽²⁾	37		—		—				37
Total	$	1,236	$	538	$	(9	)	⁽³⁾	$	1,765


(1)	Included in AOCI and the decommissioning trust regulatory liability.


(2)	Includes pending purchases of securities of $15 million and pending sales of securities of $6 million at March 31, 2014 and December 31, 2013, respectively.


(3)	The fair value of securities in an unrealized loss position was $211 million and $299 million at March 31, 2014 and December 31, 2013, respectively.

Investments Classified by Contractual Maturity Date

The fair value of Virginia Power’s marketable debt securities at March 31, 2014 by contractual maturity is as follows:



	Amount
(millions)
Due in one year or less	$	41
Due after one year through five years	161
Due after five years through ten years	232
Due after ten years	184
Total	$	618

Marketable Securities

Presented below is selected information regarding Virginia Power’s marketable equity and debt securities.



	Three Months Ended March 31,
	2014		2013
(millions)
Proceeds from sales	$	204	$	189
Realized gains⁽¹⁾	19		16
Realized losses⁽¹⁾	3		3


(1)	Includes realized gains and losses recorded to the decommissioning trust regulatory liability.

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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