Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2015

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents Dominion’s changes in AOCI by component, net of tax:



	Deferred gains and losses on derivatives-hedging activities			Unrealized gains and losses on investment securities			Unrecognized pension and other postretirement benefit costs			Other comprehensive income (loss) from equity method investee			Total
(millions)
Three Months Ended June 30, 2015
Beginning balance	$	(177	)	$	542		$	(769	)	$	(5	)	$	(409	)
Other comprehensive income before reclassifications: gains (losses)	92			(11		)	3			—			84
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(61		)	(12		)	12			—			(61		)
Net current-period other comprehensive income (loss)	31			(23		)	15			—			23
Ending balance	$	(146	)	$	519		$	(754	)	$	(5	)	$	(386	)
Three Months Ended June 30, 2014
Beginning balance	$	(278	)	$	492		$	(506	)	$	(7	)	$	(299	)
Other comprehensive income before reclassifications: gains (losses)	(59		)	49			4			2			(4		)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(16		)	(7		)	9			—			(14		)
Net current-period other comprehensive income (loss)	(75		)	42			13			2			(18		)
Ending balance	$	(353	)	$	534		$	(493	)	$	(5	)	$	(317	)
Six Months Ended June 30, 2015
Beginning balance	$	(178	)	$	548		$	(782	)	$	(4	)	$	(416	)
Other comprehensive income before reclassifications: gains (losses)	34			4			3			(1		)	40
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(2		)	(33		)	25			—			(10		)
Net current-period other comprehensive income (loss)	32			(29		)	28			(1		)	30
Ending balance	$	(146	)	$	519		$	(754	)	$	(5	)	$	(386	)
Six Months Ended June 30, 2014
Beginning balance	$	(288	)	$	474		$	(510	)	$	—		$	(324	)
Other comprehensive income before reclassifications: gains (losses)	(209		)	78			—			(5		)	(136		)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	144			(18		)	17			—			143
Net current-period other comprehensive income (loss)	(65		)	60			17			(5		)	7
Ending balance	$	(353	)	$	534		$	(493	)	$	(5	)	$	(317	)

(1) See table below for details about these reclassifications.

Reclassification out of Accumulated Other Comprehensive Income

The following table presents Dominion’s reclassifications out of AOCI by component:



Details about AOCI components	Amounts reclassified from AOCI			Affected line item in the Consolidated Statements of Income
(millions)
Three Months Ended June 30, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(107	)	Operating revenue
	2			Purchased gas
Interest rate contracts	3			Interest and related charges
	(102		)
Tax	41			Income tax expense
	$	(61	)



Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(25	)	Other income
Impairment	5			Other income
	(20		)
Tax	8			Income tax expense
	$	(12	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(3	)	Other operations and maintenance
Actuarial (gains) losses	24			Other operations and maintenance
	21
Tax	(9		)	Income tax expense
	$	12
Three Months Ended June 30, 2014
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(28	)	Operating revenue
	3			Purchased gas
Interest rate contracts	3			Interest and related charges
	(22		)
Tax	6			Income tax expense
	$	(16	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(13	)	Other income
Impairment	2			Other income
	(11		)
Tax	4			Income tax expense
	$	(7	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(2	)	Other operations and maintenance
Actuarial (gains) losses	17			Other operations and maintenance
	15
Tax	(6		)	Income tax expense
	$	9
Six Months Ended June 30, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(15	)	Operating revenue
	7			Purchased gas
	(1		)	Electric fuel and other energy-related purchases
Interest rate contracts	5			Interest and related charges
	(4		)
Tax	2			Income tax expense
	$	(2	)
Unrealized (gains) and losses on investment securities:



Realized (gain) loss on sale of securities	$	(64	)	Other income
Impairment	11			Other income
	(53		)
Tax	20			Income tax expense
	$	(33	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(6	)	Other operations and maintenance
Actuarial (gains) losses	49			Other operations and maintenance
	43
Tax	(18		)	Income tax expense
	$	25
Six Months Ended June 30, 2014
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	241		Operating revenue
	4			Purchased gas
	(13		)	Electric fuel and other energy-related purchases
Interest rate contracts	6			Interest and related charges
	238
Tax	(94		)	Income tax expense
	$	144
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(33	)	Other income
Impairment	4			Other income
	(29		)
Tax	11			Income tax expense
	$	(18	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(5	)	Other operations and maintenance
Actuarial (gains) losses	34			Other operations and maintenance
	29
Tax	(12		)	Income tax expense
	$	17

Dominion Gas Holdings, LLC

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents Dominion Gas’ changes in AOCI by component, net of tax:



	Deferred gains and losses on derivatives-hedging activities			Unrecognized pension and other postretirement benefit costs			Total
(millions)
Three Months Ended June 30, 2015
Beginning balance	$	(24	)	$	(65	)	$	(89	)
Other comprehensive income before reclassifications: gains (losses)	3			—			3
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(1		)	1			—
Net current-period other comprehensive income	2			1			3
Ending balance	$	(22	)	$	(64	)	$	(86	)
Three Months Ended June 30, 2014
Beginning balance	$	—		$	(60	)	$	(60	)
Other comprehensive income before reclassifications: gains (losses)	(19		)	—			(19		)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	3			1			4
Net current-period other comprehensive income (loss)	(16		)	1			(15		)
Ending balance	$	(16	)	$	(59	)	$	(75	)
Six Months Ended June 30, 2015
Beginning balance	$	(20	)	$	(66	)	$	(86	)
Other comprehensive income before reclassifications: gains (losses)	(1		)	—			(1		)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(1		)	2			1
Net current-period other comprehensive income (loss)	(2		)	2			—
Ending balance	$	(22	)	$	(64	)	$	(86	)
Six Months Ended June 30, 2014
Beginning balance	$	3		$	(61	)	$	(58	)
Other comprehensive income before reclassifications: gains (losses)	(27		)	(1		)	(28		)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	8			3			11
Net current-period other comprehensive income (loss)	(19		)	2			(17		)
Ending balance	$	(16	)	$	(59	)	$	(75	)


(1)	See table below for details about these reclassifications.

Reclassification out of Accumulated Other Comprehensive Income

The following table presents Dominion Gas' reclassifications out of AOCI by component:



Details about AOCI components	Amounts reclassified from AOCI			Affected line item in the Consolidated Statements of Income
(millions)
Three Months Ended June 30, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(1	)	Operating revenue
	(1		)
Tax	—			Income tax expense
	$	(1	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	2		Other operations and maintenance
	2
Tax	(1		)	Income tax expense
	$	1
Three Months Ended June 30, 2014
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	2		Operating revenue
	3			Purchased gas
	5
Tax	(2		)	Income tax expense
	$	3
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	1		Other operations and maintenance
	1
Tax	—			Income tax expense
	$	1
Six Months Ended June 30, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(1	)	Operating revenue
	(1		)
Tax	—			Income tax expense
	$	(1	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	4		Other operations and maintenance
	4
Tax	(2		)	Income tax expense
	$	2
Six Months Ended June 30, 2014
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	7		Operating revenue
	5			Purchased gas
	12
Tax	(4		)	Income tax expense
	$	8
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	4		Other operations and maintenance
	4
Tax	(1		)	Income tax expense
	$	3