Employee Benefit Plans

6 Months Ended

Jun. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

Dominion

The components of Dominion's provision for net periodic benefit cost (credit) were as follows:

	Pension Benefits						Other Postretirement Benefits
	2015			2014			2015			2014
(millions)
Three Months Ended June 30,
Service cost	$	31		$	28		$	10		$	8
Interest cost	72			73			16			16
Expected return on plan assets	(133		)	(125		)	(30		)	(27		)
Amortization of prior service cost (credit)	1			1			(6		)	(7		)
Amortization of net actuarial loss	40			28			2			1
Net periodic benefit cost (credit)	$	11		$	5		$	(8	)	$	(9	)
Six Months Ended June 30,
Service cost	$	63		$	57		$	20		$	16
Interest cost	144			145			33			33
Expected return on plan assets	(266		)	(250		)	(59		)	(55		)
Amortization of prior service cost (credit)	1			2			(13		)	(14		)
Amortization of net actuarial loss	80			56			3			1
Net periodic benefit cost (credit)	$	22		$	10		$	(16	)	$	(19	)

Employer Contributions

During the six months ended June 30, 2015, Dominion made no contributions to its defined benefit pension plans or other postretirement benefit plans. Dominion expects to contribute approximately $12 million to its other postretirement benefit plans through VEBAs during the remainder of 2015.

Dominion Gas

Dominion Gas participates in certain Dominion benefit plans as described in Note 21 to the Consolidated Financial Statements in the Companies' Annual Report on Form 10-K for the year ended December 31, 2014. At June 30, 2015 and December 31, 2014, Dominion Gas’ amounts due from Dominion associated with the Dominion Pension Plan and reflected in noncurrent pension and other postretirement benefit assets in the Consolidated Balance Sheets were $633 million and $614 million, respectively. At June 30, 2015 and December 31, 2014, Dominion Gas’ amounts due to Dominion associated with the Dominion Retiree Health and Welfare Plan and reflected in other deferred credits and other liabilities in the Consolidated Balance Sheets were $5 million and $7 million, respectively.

The components of Dominion Gas' provision for net periodic benefit credit for employees represented by collective bargaining units were as follows:

	Pension Benefits						Other Postretirement Benefits
	2015			2014			2015			2014
(millions)
Three Months Ended June 30,
Service cost	$	4		$	3		$	1		$	2
Interest cost	7			7			4			3
Expected return on plan assets	(32		)	(28		)	(6		)	(6		)
Amortization of prior service credit	—			—			—			(1		)
Amortization of net actuarial loss	5			4			—			—
Net periodic benefit credit	$	(16	)	$	(14	)	$	(1	)	$	(2	)
Six Months Ended June 30,
Service cost	$	7		$	6		$	3		$	3
Interest cost	14			14			7			6
Expected return on plan assets	(63		)	(57		)	(12		)	(11		)
Amortization of prior service credit	—			—			—			(1		)
Amortization of net actuarial loss	10			9			1			—
Net periodic benefit credit	$	(32	)	$	(28	)	$	(1	)	$	(3	)

Employer Contributions

During the six months ended June 30, 2015, Dominion Gas made no contributions to its defined benefit pension plans or other postretirement benefit plans. Dominion Gas expects to contribute approximately $12 million to its other postretirement benefit plans through VEBAs, for both employees represented by collective bargaining units and employees not represented by collective bargaining units, during the remainder of 2015.