Earnings Per Share

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

The following table presents the calculation of Dominion's basic and diluted EPS:

	2014		2013		2012
(millions, except EPS)
Net income attributable to Dominion	$	1,310	$	1,697	$	302
Average shares of common stock outstanding-Basic	582.7		578.7		572.9
Net effect of dilutive securities(1)	1.8		0.8		1.0
Average shares of common stock outstanding-Diluted	584.5		579.5		573.9
Earnings Per Common Share-Basic	$	2.25	$	2.93	$	0.53
Earnings Per Common Share-Diluted	$	2.24	$	2.93	$	0.53

(1) Dilutive securities consist primarily of contingently convertible senior notes and the 2013 Equity Units for 2014 and contingently convertible senior notes for 2013 and 2012. Dominion redeemed all of its contingently convertible senior notes in 2014. See Note 17 for more information.

The 2014 Equity Units are potentially dilutive securities but were excluded from the calculation of diluted EPS for the year ended December 31, 2014, as the dilutive stock price threshold was not met. The 2013 Equity Units are potentially dilutive securities but were excluded from the calculation of diluted EPS for the year ended December 31, 2013. See Note 17 for more information. There were no potentially dilutive securities excluded from the calculation of diluted EPS for the year ended December 31, 2012.