Investments (Tables)

6 Months Ended

Jun. 30, 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)
June 30, 2014
Marketable equity securities:
U.S. Large cap	$	1,236	$	1,313	$	—			$	2,549
Marketable debt securities:
Corporate bonds	389		21		(1		)		409
U.S. Treasury securities and agency debentures	618		12		(3		)		627
State and municipal	307		20		(1		)		326
Other	7		—		—				7
Cost method investments	92		—		—				92
Cash equivalents and other⁽²⁾	93		—		—				93
Total	$	2,742	$	1,366	$	(5	)	⁽³⁾	$	4,103
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 sales of securities of $6 million and $11 million at June 30, 2014 and December 31, 2013, respectively.


(3)	The fair value of securities in an unrealized loss position was $275 million and $604 million at June 30, 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 June 30, 2014 by contractual maturity is as follows:



	Amount
(millions)
Due in one year or less	$	133
Due after one year through five years	407
Due after five years through ten years	384
Due after ten years	445
Total	$	1,369

Marketable Securities

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



	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
(millions)
Proceeds from sales	$	244	$	308	$	686	$	862
Realized gains⁽¹⁾	25		29		63		92
Realized losses⁽¹⁾	7		10		13		16


(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)
June 30, 2014
Marketable equity securities:
U.S. Large cap	$	530	$	567	$	—			$	1,097
Marketable debt securities:
Corporate bonds	211		10		—				221
U.S. Treasury securities and agency debentures	226		3		(1		)		228
State and municipal	174		11		—				185
Cost method investments	92		—		—				92
Cash equivalents and other⁽²⁾	34		—		—				34
Total	$	1,267	$	591	$	(1	)	⁽³⁾	$	1,857
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 sales of securities of $6 million at both June 30, 2014 and December 31, 2013.


(3)	The fair value of securities in an unrealized loss position was $114 million and $299 million at June 30, 2014 and December 31, 2013, respectively.

Investments Classified by Contractual Maturity Date

The fair value of Virginia Power’s marketable debt securities at June 30, 2014 by contractual maturity is as follows:



	Amount
(millions)
Due in one year or less	$	39
Due after one year through five years	199
Due after five years through ten years	206
Due after ten years	190
Total	$	634

Marketable Securities

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



	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
(millions)
Proceeds from sales	$	95	$	135	$	299	$	324
Realized gains⁽¹⁾	10		10		29		26
Realized losses⁽¹⁾	3		5		6		8


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

Dominion Gas Holdings, LLC

Gain (Loss) on Investments [Line Items]

Equity Method Investments

Dominion Gas accounts for the following investment under the equity method of accounting:



Company	Ownership%		Investment Balance				Description
			June 30, 2014		December 31, 2013
(millions)
Iroquois	24.72	%	$	113	$	105	Gas transmission system
Total			$	113	$	105

- 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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