Significant Financing Transactions (Tables)

6 Months Ended

Jun. 30, 2014

At June 30, 2014, Dominion’s commercial paper and letters of credit outstanding, as well as its capacity available under credit facilities, were as follows:



	Facility Limit		Outstanding Commercial Paper		Outstanding Letters of Credit		Facility Capacity Available
(millions)
Joint revolving credit facility⁽¹⁾	$	4,000	$	2,848	$	—	$	1,152
Joint revolving credit facility⁽²⁾	500		232		115		153
Total	$	4,500	$	3,080	$	115	$	1,305


(1)	In May 2014, this credit facility was amended and restated. The facility limit was increased from $3 billion to $4 billion and the maturity date was extended from September 2018 to April 2019. This credit facility can be used to support bank borrowings and the issuance of commercial paper, as well as to support up to $1.5 billion of letters of credit.


(2)	In May 2014, this credit facility was amended and restated and the maturity date was extended from September 2018 to April 2019. This credit facility can be used to support bank borrowings, commercial paper and letter of credit issuances.

Schedule of Capital Units

Selected information about Dominion's 2014 Equity Units is presented below:



Issuance Date	Units Issued	Total Net Proceeds		Total Long-term Debt		RSN Annual Interest Rate		Stock Purchase Contract Annual Rate		Stock Purchase Settlement Date	RSN Maturity Date
(millions, except interest rates)
7/1/2014	20	$	982.0	$	1,000.0	1.500	%	4.875	%	7/1/2017	7/1/2020

Virginia Electric and Power Company

Debt Instrument [Line Items]

Schedule of Line of Credit Facilities

At June 30, 2014, Virginia Power’s share of commercial paper and letters of credit outstanding, as well as its capacity available under its joint credit facilities with Dominion and Dominion Gas were as follows:



	Facility Sub-limit⁽³⁾		Outstanding Commercial Paper		Outstanding Letters of Credit		Facility Sub-limit Capacity Available⁽³⁾
(millions)
Joint revolving credit facility⁽¹⁾	$	1,000	$	1,091	$	—	$	(91	)
Joint revolving credit facility⁽²⁾	250		232		18		—
Total	$	1,250	$	1,323	$	18	$	(91	)

(1)

In May 2014, this credit facility was amended and restated and the maturity date was extended from September 2018 to April 2019. This credit facility can be used to support bank borrowings and the issuance of commercial paper, as well as to support up to $1.5 billion (or the sub-limit, whichever is less) of letters of credit. Virginia Power's current sub-limit under this credit facility can be increased or decreased multiple times per year.


(2)	In May 2014, this credit facility was amended and restated and the maturity date was extended from September 2018 to April 2019. This credit facility can be used to support bank borrowings, commercial paper and letter of credit issuances. Virginia Power's current sub-limit under this credit facility can be increased or decreased multiple times per year.

(3)

On June 30, 2014, Virginia Power's facility sub-limit was exceeded; however, Virginia Power retained ongoing access to its short-term demand note with Dominion as discussed in Note 17 and remained in compliance with its debt covenants. Effective July 10, 2014, Virginia Power increased its sub-limit under the $4 billion credit facility from $1.0 billion to $1.25 billion bringing its total sub-limit to $1.5 billion.