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Derivatives and Hedge Accounting Activities (Tables)

12 Months Ended

Dec. 31, 2015

The tables below present Dominion's derivative asset and liability balances by type of financial instrument, before and after the effects of offsetting:



	December 31, 2015						December 31, 2014
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Assets Presented in the Consolidated Balance Sheet		Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Assets Presented in the Consolidated Balance Sheet
(millions)
Interest rate contracts:
Over-the-counter	$	24	$	—	$	24	$	24	$	—	$	24
Commodity contracts:
Over-the-counter	217		—		217		382		—		382
Exchange	138		—		138		298		—		298
Total derivatives, subject to a master netting or similar arrangement	379		—		379		704		—		704
Total derivatives, not subject to a master netting or similar arrangement	9		—		9		15		—		15
Total	$	388	$	—	$	388	$	719	$	—	$	719



			December 31, 2015								December 31, 2014
			Gross Amounts Not Offset in the Consolidated Balance Sheet								Gross Amounts Not Offset in the Consolidated Balance Sheet
	Net Amounts of Assets Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Received		Net Amounts		Net Amounts of Assets Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Received		Net Amounts
(millions)
Interest rate contracts:
Over-the-counter	$	24	$	22	$	—	$	2	$	24	$	16	$	—	$	8
Commodity contracts:
Over-the-counter	217		37		—		180		382		34		34		314
Exchange	138		82		—		56		298		298		—		—
Total	$	379	$	141	$	—	$	238	$	704	$	348	$	34	$	322

Offsetting Liabilities



	December 31, 2015						December 31, 2014
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet
(millions)
Interest rate contracts:
Over-the-counter	$	183	$	—	$	183	$	202	$	—	$	202
Commodity contracts:
Over-the-counter	70		—		70		87		—		87
Exchange	82		—		82		493		—		493
Total derivatives, subject to a master netting or similar arrangement	335		—		335		782		—		782
Total derivatives, not subject to a master netting or similar arrangement	8		—		8		12		—		12
Total	$	343	$	—	$	343	$	794	$	—	$	794



			December 31, 2015								December 31, 2014
			Gross Amounts Not Offset in the Consolidated Balance Sheet								Gross Amounts Not Offset in the Consolidated Balance Sheet
	Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Paid		Net Amounts		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Paid		Net Amounts
(millions)
Interest rate contracts:
Over-the-counter	$	183	$	22	$	—	$	161	$	202	$	16	$	—	$	186
Commodity contracts:
Over-the-counter	70		37		—		33		87		34		1		52
Exchange	82		82		—		—		493		298		195		—
Total	$	335	$	141	$	—	$	194	$	782	$	348	$	196	$	238

Volumes of Derivatives

The following table presents the volume of Dominion's derivative activity as of December 31, 2015. These volumes are based on open derivative positions and represent the combined absolute value of their long and short positions, except in the case of offsetting transactions, for which they represent the absolute value of the net volume of their long and short positions.



	Current		Noncurrent
Natural Gas (bcf):
Fixed price⁽¹⁾	80		19
Basis	216		554
Electricity (MWh):
Fixed price	15,661,078		—
FTRs	33,350,993		—
Capacity (MW)	7,600		—
Liquids (Gal)⁽²⁾	83,076,000		18,606,000
Interest rate	$	2,950,000,000	$	3,100,000,000


(1)	Includes options.


(2)	Includes NGLs and oil.

Cash Flow Hedges Included Accumulated Other Comprehensive Income (Loss)

The following table presents selected information related to gains (losses) on cash flow hedges included in AOCI in Dominion's Consolidated Balance Sheet at December 31, 2015:



	AOCI After-Tax			Amounts Expected to be Reclassified to Earnings during the next 12 Months After-Tax			Maximum Term
(millions)
Commodities:
Gas	$	(7	)	$	(7	)	22 months
Electricity	76			76			12 months
Other	6			6			15 months
Interest rate	(251		)	(9		)	387 months
Total	$	(176	)	$	66

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following tables present the fair values of Dominion's derivatives and where they are presented in its Consolidated Balance Sheets:



	Fair Value - Derivatives under Hedge Accounting		Fair Value - Derivatives not under Hedge Accounting		Total Fair Value
(millions)
At December 31, 2015
ASSETS
Current Assets
Commodity	$	101	$	151	$	252
Interest rate	3		—		3
Total current derivative assets	104		151		255
Noncurrent Assets
Commodity	3		109		112
Interest rate	21		—		21
Total noncurrent derivative assets⁽¹⁾	24		109		133
Total derivative assets	$	128	$	260	$	388
LIABILITIES
Current Liabilities
Commodity	$	32	$	116	$	148
Interest rate	164		—		164
Total current derivative liabilities	196		116		312
Noncurrent Liabilities
Commodity	—		12		12
Interest rate	19		—		19
Total noncurrent derivative liabilities⁽²⁾	19		12		31
Total derivative liabilities	$	215	$	128	$	343
At December 31, 2014
ASSETS
Current Assets
Commodity	$	281	$	242	$	523
Interest rate	13		—		13
Total current derivative assets	294		242		536
Noncurrent Assets
Commodity	71		101		172
Interest rate	11		—		11
Total noncurrent derivative assets⁽¹⁾	82		101		183
Total derivative assets	$	376	$	343	$	719
LIABILITIES
Current Liabilities
Commodity	$	224	$	267	$	491
Interest rate	100		—		100
Total current derivative liabilities	324		267		591
Noncurrent Liabilities
Commodity	55		46		101
Interest rate	102		—		102
Total noncurrent derivative liabilities⁽²⁾	157		46		203
Total derivative liabilities	$	481	$	313	$	794


(1)	Noncurrent derivative assets are presented in other deferred charges and other assets in Dominion's Consolidated Balance Sheets.


(2)	Noncurrent derivative liabilities are presented in other deferred credits and other liabilities in Dominion's Consolidated Balance Sheets.

Derivative Instruments Gain (Loss) by Hedging Relationship by Income Statement Location

The following tables present the gains and losses on Dominion's derivatives, as well as where the associated activity is presented in its Consolidated Balance Sheets and Statements of Income:



Derivatives in cash flow hedging relationships	Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)⁽¹⁾			Amount of Gain (Loss) Reclassified from AOCI to Income			Increase (Decrease) in Derivatives Subject to Regulatory Treatment⁽²⁾
(millions)
Year Ended December 31, 2015
Derivative Type and Location of Gains (Losses)
Commodity:
Operating revenue				$	203
Purchased gas				(15		)
Electric fuel and other energy-related purchases				(1		)
Total commodity	$	230		$	187		$	4
Interest rate⁽³⁾	(46		)	(11		)	(13		)
Total	$	184		$	176		$	(9	)
Year Ended December 31, 2014
Derivative Type and Location of Gains (Losses)
Commodity:
Operating revenue				$	(130	)
Purchased gas				(13		)
Electric fuel and other energy-related purchases				7
Total commodity	$	245		$	(136	)	$	(4	)
Interest rate⁽³⁾	(208		)	(16		)	(81		)
Total	$	37		$	(152	)	$	(85	)
Year Ended December 31, 2013
Derivative Type and Location of Gains (Losses)
Commodity:
Operating revenue				$	(58	)
Purchased gas				(47		)
Electric fuel and other energy-related purchases				(10		)
Total commodity	$	(481	)	$	(115	)	$	5
Interest rate⁽³⁾	77			(15		)	81
Total	$	(404	)	$	(130	)	$	86


(1)	Amounts deferred into AOCI have no associated effect in Dominion's Consolidated Statements of Income.


(2)	Represents net derivative activity deferred into and amortized out of regulatory assets/liabilities. Amounts deferred into regulatory assets/liabilities have no associated effect in Dominion's Consolidated Statements of Income.


(3)	Amounts recorded in Dominion's Consolidated Statements of Income are classified in interest and related charges.

Schedule Of Derivatives Not Designated As Hedging Instruments



Derivatives not designated as hedging instruments	Amount of Gain (Loss) Recognized in Income on Derivatives⁽¹⁾
Year Ended December 31,	2015			2014			2013
(millions)
Derivative Type and Location of Gains (Losses)
Commodity:
Operating revenue	$	24		$	(310	)	$	(45	)
Purchased gas	(14		)	(51		)	(9		)
Electric fuel and other energy-related purchases	(14		)	113			(29		)
Interest rate⁽²⁾	(1		)	—			—
Total	$	(5	)	$	(248	)	$	(83	)


(1)	Includes derivative activity amortized out of regulatory assets/liabilities. Amounts deferred into regulatory assets/liabilities have no associated effect in Dominion's Consolidated Statements of Income.


(2)	Amounts recorded in Dominion's Consolidated Statements of Income are classified in interest and related charges.

Virginia Electric and Power Company

Derivative [Line Items]

Offsetting Assets

The tables below present Virginia Power's derivative asset and liability balances by type of financial instrument, before and after the effects of offsetting:



	December 31, 2015						December 31, 2014
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Assets Presented in the Consolidated Balance Sheet		Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Assets Presented in the Consolidated Balance Sheet
(millions)
Interest rate contracts:
Over-the-counter	$	13	$	—	$	13	$	—	$	—	$	—
Commodity contracts:
Over-the-counter	101		—		101		106		—		106
Total derivatives, subject to a master netting or similar arrangement	114		—		114		106		—		106
Total derivatives, not subject to a master netting or similar arrangement	13		—		13		7		—		7
Total	$	127	$	—	$	127	$	113	$	—	$	113



			December 31, 2015								December 31, 2014
			Gross Amounts Not Offset in the Consolidated Balance Sheet								Gross Amounts Not Offset in the Consolidated Balance Sheet
	Net Amounts of Assets Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Received		Net Amounts		Net Amounts of Assets Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Received		Net Amounts
(millions)
Interest rate contracts:
Over-the-counter	$	13	$	10	$	—	$	3	$	—	$	—	$	—	$	—
Commodity contracts:
Over-the-counter	101		3		—		98		106		4		—		102
Total	$	114	$	13	$	—	$	101	$	106	$	4	$	—	$	102

Offsetting Liabilities



	December 31, 2015						December 31, 2014
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet
(millions)
Interest rate contracts:
Over-the-counter	$	59	$	—	$	59	$	72	$	—	$	72
Commodity contracts:
Over-the-counter	5		—		5		8		—		8
Total derivatives, subject to a master netting or similar arrangement	64		—		64		80		—		80
Total derivatives, not subject to a master netting or similar arrangement	22		—		22		7		—		7
Total	$	86	$	—	$	86	$	87	$	—	$	87



			December 31, 2015								December 31, 2014
			Gross Amounts Not Offset in the Consolidated Balance Sheet								Gross Amounts Not Offset in the Consolidated Balance Sheet
	Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Paid		Net Amounts		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Paid		Net Amounts
(millions)
Interest rate contracts:
Over-the-counter	$	59	$	10	$	—	$	49	$	72	$	—	$	—	$	72
Commodity contracts:
Over-the-counter	5		3		—		2		8		4		—		4
Total	$	64	$	13	$	—	$	51	$	80	$	4	$	—	$	76

Volumes of Derivatives

The following table presents the volume of Virginia Power's derivative activity at December 31, 2015. These volumes are based on open derivative positions and represent the combined absolute value of their long and short positions, except in the case of offsetting transactions, for which they represent the absolute value of the net volume of their long and short positions.



	Current		Noncurrent
Natural Gas (bcf):
Fixed price⁽¹⁾	32		10
Basis	102		509
Electricity (MWh):
FTRs	30,383,934		—
Capacity (MW)	7,600		—
Interest rate	$	900,000,000	$	1,100,000,000


(1)	Includes options.

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following tables present the fair values of Virginia Power's derivatives and where they are presented in its Consolidated Balance Sheets:



	Fair Value - Derivatives under Hedge Accounting		Fair Value - Derivatives not under Hedge Accounting		Total Fair Value
(millions)
At December 31, 2015
ASSETS
Current Assets
Commodity	$	—	$	18	$	18
Total current derivative assets⁽¹⁾	—		18		18
Noncurrent Assets
Commodity	—		96		96
Interest rate	13		—		13
Total noncurrent derivative assets⁽²⁾	13		96		109
Total derivative assets	$	13	$	114	$	127
LIABILITIES
Current Liabilities
Commodity	$	—	$	23	$	23
Interest rate	57		—		57
Total current derivative liabilities	57		23		80
Noncurrent Liabilities
Commodity	—		4		4
Interest rate	2		—		2
Total noncurrent derivative liabilities⁽³⁾	2		4		6
Total derivative liabilities	$	59	$	27	$	86
At December 31, 2014
ASSETS
Current Assets
Commodity	$	—	$	51	$	51
Total current derivative assets⁽¹⁾	—		51		51
Noncurrent Assets
Commodity	—		62		$	62
Total noncurrent derivative assets⁽²⁾	—		62		62
Total derivative assets	$	—	$	113	$	113
LIABILITIES
Current Liabilities
Commodity	$	3	$	12	$	15
Interest rate	45		—		45
Total current derivative liabilities	48		12		60
Noncurrent Liabilities
Interest rate	27		—		27
Total noncurrent derivative liabilities⁽³⁾	27		—		27
Total derivative liabilities	$	75	$	12	$	87


(1)	Current derivative assets are presented in other current assets in Virginia Power's Consolidated Balance Sheets.


(2)	Noncurrent derivative assets are presented in other deferred charges and other assets in Virginia Power's Consolidated Balance Sheets.


(3)	Noncurrent derivative liabilities are presented in other deferred credits and other liabilities in Virginia Power's Consolidated Balance Sheets.

Derivative Instruments Gain (Loss) by Hedging Relationship by Income Statement Location

The following tables present the gains and losses on Virginia Power's derivatives, as well as where the associated activity is presented in its Consolidated Balance Sheets and Statements of Income:



Derivatives in cash flow hedging relationships	Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)⁽¹⁾			Amount of Gain (Loss) Reclassified from AOCI to Income			Increase (Decrease) in Derivatives Subject to Regulatory Treatment⁽²⁾
(millions)
Year Ended December 31, 2015
Derivative Type and Location of Gains (Losses)
Commodity:
Electric fuel and other energy-related purchases				$	(1	)
Total commodity	$	—		$	(1	)	$	4
Interest rate⁽³⁾	(3		)	—			(13		)
Total	$	(3	)	$	(1	)	$	(9	)
Year Ended December 31, 2014
Derivative Type and Location of Gains (Losses)
Commodity:
Electric fuel and other energy-related purchases				$	5
Total commodity	$	4		$	5		$	(4	)
Interest rate⁽³⁾	(10		)	—			(81		)
Total	$	(6	)	$	5		$	(85	)
Year Ended December 31, 2013
Derivative Type and Location of Gains (Losses)
Commodity:
Electric fuel and other energy-related purchases				$	—
Total commodity	$	—		$	—		$	5
Interest rate⁽³⁾	9			—			81
Total	$	9		$	—		$	86


(1)	Amounts deferred into AOCI have no associated effect in Virginia Power's Consolidated Statements of Income.


(2)	Represents net derivative activity deferred into and amortized out of regulatory assets/liabilities. Amounts deferred into regulatory assets/liabilities have no associated effect in Virginia Power's Consolidated Statements of Income.


(3)	Amounts recorded in Virginia Power's Consolidated Statements of Income are classified in interest and related charges.

Schedule Of Derivatives Not Designated As Hedging Instruments



Derivatives not designated as hedging instruments	Amount of Gain (Loss) Recognized in Income on Derivatives⁽¹⁾
Year Ended December 31,	2015			2014		2013
(millions)
Derivative Type and Location of Gains (Losses)
Commodity⁽²⁾	$	(13	)	$	105	$	(16	)
Total	$	(13	)	$	105	$	(16	)


(1)	Includes derivative activity amortized out of regulatory assets/liabilities. Amounts deferred into regulatory assets/liabilities have no associated effect in Virginia Power's Consolidated Statements of Income.


(2)	Amounts recorded in Virginia Power's Consolidated Statements of Income are classified in electric fuel and other energy-related purchases.

Dominion Gas Holdings, LLC

Derivative [Line Items]

Offsetting Assets

The tables below present Dominion Gas' derivative asset and liability balances by type of financial instrument, before and after the effects of offsetting:



	December 31, 2015						December 31, 2014
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Assets Presented in the Consolidated Balance Sheet		Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Assets Presented in the Consolidated Balance Sheet
(millions)
Commodity contracts:
Over-the-counter	$	11	$	—	$	11	$	2	$	—	$	2
Total derivatives, subject to a master netting or similar arrangement	$	11	$	—	$	11	$	2	$	—	$	2



			December 31, 2015								December 31, 2014
			Gross Amounts Not Offset in the Consolidated Balance Sheet								Gross Amounts Not Offset in the Consolidated Balance Sheet
	Net Amounts of Assets Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Received		Net Amounts		Net Amounts of Assets Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Received		Net Amounts
(millions)
Commodity contracts:
Over-the-counter	$	11	$	—	$	—	$	11	$	2	$	—	$	—	$	2
Total	$	11	$	—	$	—	$	11	$	2	$	—	$	—	$	2

Offsetting Liabilities



	December 31, 2015						December 31, 2014
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheet		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet
(millions)
Interest rate contracts:
Over-the-counter	$	14	$	—	$	14	$	9	$	—	$	9
Total derivatives, subject to a master netting or similar arrangement	$	14	$	—	$	14	$	9	$	—	$	9



			December 31, 2015								December 31, 2014
			Gross Amounts Not Offset in the Consolidated Balance Sheet								Gross Amounts Not Offset in the Consolidated Balance Sheet
	Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Paid		Net Amounts		Net Amounts of Liabilities Presented in the Consolidated Balance Sheet		Financial Instruments		Cash Collateral Paid		Net Amounts
(millions)
Interest rate contracts:
Over-the-counter	$	14	$	—	$	—	$	14	$	9	$	—	$	—	$	9
Total	$	14	$	—	$	—	$	14	$	9	$	—	$	—	$	9

Volumes of Derivatives

The following table presents the volume of Dominion Gas' derivative activity at December 31, 2015. These volumes are based on open derivative positions and represent the combined absolute value of their long and short positions, except in the case of offsetting transactions, for which they represent the absolute value of the net volume of their long and short positions.

Cash Flow Hedges Included Accumulated Other Comprehensive Income (Loss)

The following table presents selected information related to gains (losses) on cash flow hedges included in AOCI in Dominion Gas' Consolidated Balance Sheet at December 31, 2015:



	AOCI After-Tax			Amounts Expected to be Reclassified to Earnings during the next 12 Months After-Tax		Maximum Term
(millions)
Commodities:
NGLs	$	7		$	6	15 months
Interest rate	(24		)	—		348 months
Total	$	(17	)	$	6

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following tables present the fair values of Dominion Gas' derivatives and where they are presented in its Consolidated Balance Sheets:



	Fair Value - Derivatives under Hedge Accounting		Fair Value - Derivatives not under Hedge Accounting		Total Fair Value
(millions)
At December 31, 2015
ASSETS
Current Assets
Commodity	$	10	$	—	$	10
Total current derivative assets⁽¹⁾	10		—		10
Noncurrent Assets
Commodity	1		—		1
Total noncurrent derivative assets⁽²⁾	1		—		1
Total derivative assets	$	11	$	—	$	11
LIABILITIES
Current Liabilities
Interest rate	$	14	$	—	$	14
Total current derivative liabilities⁽³⁾	14		—		14
Total derivative liabilities	$	14	$	—	$	14
At December 31, 2014
ASSETS
Current Assets
Commodity	$	2	$	—	$	2
Total current derivative assets⁽¹⁾	2		—		2
Total derivative assets	$	2	$	—	$	2
LIABILITIES
Noncurrent Liabilities
Interest rate	$	9	$	—	$	9
Total noncurrent derivative liabilities⁽⁴⁾	9		—		9
Total derivative liabilities	$	9	$	—	$	9


(1)	Current derivative assets are presented in other current assets in Dominion Gas' Consolidated Balance Sheets.


(2)	Noncurrent derivative assets are presented in other deferred charges and other assets in Dominion Gas' Consolidated Balance Sheets.


(3)	Current derivative liabilities are presented in other current liabilities in Dominion Gas' Consolidated Balance Sheets.


(4)	Noncurrent derivative liabilities are presented in other deferred credits and other liabilities in Dominion Gas' Consolidated Balance Sheets.

Derivative Instruments Gain (Loss) by Hedging Relationship by Income Statement Location

The following tables present the gains and losses on Dominion Gas' derivatives, as well as where the associated activity is presented in its Consolidated Balance Sheets and Statements of Income:



Derivatives in cash flow hedging relationships	Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion)⁽¹⁾			Amount of Gain (Loss) Reclassified from AOCI to Income
(millions)
Year Ended December 31, 2015
Derivative Type and Location of Gains (Losses)
Commodity:
Operating revenue				$	6
Total commodity	$	16		$	6
Interest rate⁽²⁾	(6		)	—
Total	$	10		$	6
Year Ended December 31, 2014
Derivative Type and Location of Gains (Losses)
Commodity:
Operating revenue				$	2
Purchased gas				(14		)
Total commodity	$	12		$	(12	)
Interest rate⁽²⁾	(62		)	(1		)
Total	$	(50	)	$	(13	)
Year Ended December 31, 2013
Derivative Type and Location of Gains (Losses)
Commodity:
Operating revenue				$	(2	)
Purchased gas				(14		)
Total commodity	$	(2	)	$	(16	)
Interest rate⁽²⁾	68			—
Total	$	66		$	(16	)


(1)	Amounts deferred into AOCI have no associated effect in Dominion Gas' Consolidated Statements of Income.


(2)	Amounts recorded in Dominion Gas' Consolidated Statements of Income are classified in interest and related charges.

Schedule Of Derivatives Not Designated As Hedging Instruments



Derivatives not designated as hedging instruments	Amount of Gain (Loss) Recognized in Income on Derivatives
Year Ended December 31,	2015		2014		2013
(millions)
Derivative Type and Location of Gains (Losses)
Commodity
Operating revenue	$	6	$	—	$	—
Total	$	6	$	—	$	—

Noncurrent

NGLs (Gal)

Interest rate