Equity (Tables)

12 Months Ended

Dec. 31, 2015

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated other comprehensive income (loss)

Presented in the table below is a summary of AOCI by component:



At December 31,	2015			2014
(millions)
Dominion
Net deferred losses on derivatives-hedging activities, net of tax of $110 and $116	$	(176	)	$	(178	)
Net unrealized gains on nuclear decommissioning trust funds, net of tax of $(281) and $(333)	504			548
Net unrecognized pension and other postretirement benefit costs, net of tax of $525 and $530	(797		)	(782		)
Other comprehensive loss from equity method investees, net of tax of $4 and $3	(5		)	(4		)
Total AOCI	$	(474	)	$	(416	)
Virginia Power
Net deferred losses on derivatives-hedging activities, net of tax of $4 and $4	$	(7	)	$	(7	)
Net unrealized gains on nuclear decommissioning trust funds, net of tax of $(30) and $(35)	47			57
Total AOCI	$	40		$	50
Dominion Gas
Net deferred losses on derivatives-hedging activities, net of tax of $10 and $11	$	(17	)	$	(20	)
Net unrecognized pension costs, net of tax of $56 and $46	(82		)	(66		)
Total AOCI	$	(99	)	$	(86	)

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 loss from equity method investees			Total
(millions)
Year Ended December 31, 2015
Beginning balance	$	(178	)	$	548		$	(782	)	$	(4	)	$	(416	)
Other comprehensive income before reclassifications: gains (losses)	110			6			(66		)	(1		)	49
Amounts reclassified from AOCI: (gains) losses⁽¹⁾	(108		)	(50		)	51			—			(107		)
Net current period other comprehensive income (loss)	2			(44		)	(15		)	(1		)	(58		)
Ending balance	$	(176	)	$	504		$	(797	)	$	(5	)	$	(474	)
Year Ended December 31, 2014
Beginning balance	$	(288	)	$	474		$	(510	)	$	—		$	(324	)
Other comprehensive income before reclassifications: gains (losses)	17			128			(305		)	(4		)	(164		)
Amounts reclassified from AOCI: (gains) losses⁽¹⁾	93			(54		)	33			—			72
Net current period other comprehensive income (loss)	110			74			(272		)	(4		)	(92		)
Ending balance	$	(178	)	$	548		$	(782	)	$	(4	)	$	(416	)

(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)
Year Ended December 31, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(203	)	Operating revenue
	15			Purchased gas
	1			Electric fuel and other energy-related purchases
Interest rate contracts	11			Interest and related charges
Total	(176		)
Tax	68			Income tax expense
Total, net of tax	$	(108	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(110	)	Other income
Impairment	31			Other income
Total	(79		)
Tax	29			Income tax expense
Total, net of tax	$	(50	)
Unrecognized pension and other postretirement benefit costs:
Prior-service costs (credits)	$	(12	)	Other operations and maintenance
Actuarial losses	98			Other operations and maintenance
Total	86
Tax	(35		)	Income tax expense
Total, net of tax	$	51
Year Ended December 31, 2014
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	130		Operating revenue
	13			Purchased gas
	(7		)	Electric fuel and other energy-related purchases
Interest rate contracts	16			Interest and related charges
Total	152
Tax	(59		)	Income tax expense
Total, net of tax	$	93
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(100	)	Other income
Impairment	13			Other income
Total	(87		)
Tax	33			Income tax expense
Total, net of tax	$	(54	)
Unrecognized pension and other postretirement benefit costs:
Prior-service costs (credits)	$	(12	)	Other operations and maintenance
Actuarial losses	69			Other operations and maintenance
Total	57
Tax	(24		)	Income tax expense
Total, net of tax	$	33

Summary of restricted stock activity

The following table provides a summary of restricted stock activity for the years ended December 31, 2015, 2014 and 2013:



	Shares		Weighted - average Grant Date Fair Value
	(thousands)
Nonvested at December 31, 2012	1,085		$	44.46
Granted	312		54.70
Vested	(356	)	39.00
Cancelled and forfeited	(34	)	51.11
Nonvested at December 31, 2013	1,007		$	49.35
Granted	354		67.98
Vested	(278	)	44.50
Cancelled and forfeited	(18	)	53.61
Nonvested at December 31, 2014	1,065		$	56.74
Granted	302		73.26
Vested	(510	)	50.71
Cancelled and forfeited	(2	)	62.62
Nonvested at December 31, 2015	855		$	66.16

Summary of restricted stock and goal-based stock activity

The following table provides a summary of goal-based stock activity for the years ended December 31, 2015, 2014 and 2013:



	Targeted Number of Shares		Weighted - average Grant Date Fair Value
	(thousands)
Nonvested at December 31, 2012	4		$	45.60
Granted	4		54.17
Vested	(2	)	43.54
Cancelled and forfeited	(1	)	43.54
Nonvested at December 31, 2013	5		$	53.85
Granted	13		68.83
Vested	(1	)	52.48
Nonvested at December 31, 2014	17		$	65.15
Granted	14		72.72
Vested	(7	)	56.22
Nonvested at December 31, 2015	24		$	72.27

Virginia Electric and Power Company

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss)

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



	Deferred gains and losses on derivatives-hedging activities			Unrealized gains and losses on investment securities			Total
(millions)
Year Ended December 31, 2015
Beginning balance	$	(7	)	$	57		$	50
Other comprehensive income before reclassifications: losses	(1		)	(4		)	(5		)
Amounts reclassified from AOCI: (gains) losses⁽¹⁾	1			(6		)	(5		)
Net current period other comprehensive income (loss)	—			(10		)	(10		)
Ending balance	$	(7	)	$	47		$	40
Year Ended December 31, 2014
Beginning balance	$	—		$	48		$	48
Other comprehensive income before reclassifications: gains (losses)	(4		)	15			11
Amounts reclassified from AOCI: gains⁽¹⁾	(3		)	(6		)	(9		)
Net current period other comprehensive income (loss)	(7		)	9			2
Ending balance	$	(7	)	$	57		$	50

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

Reclassification out of Accumulated Other Comprehensive Income

The following table presents Virginia Power’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)
Year Ended December 31, 2015
(Gains) losses on cash flow hedges:
Commodity contracts	$	1		Electric fuel and other energy-related purchases
Total	1
Tax	—			Income tax expense
Total, net of tax	$	1
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(14	)	Other income
Impairment	4			Other income
Total	(10		)
Tax	4			Income tax expense
Total, net of tax	$	(6	)
Year Ended December 31, 2014
(Gains) losses on cash flow hedges:
Commodity contracts	$	(5	)	Electric fuel and other energy-related purchases
Total	(5		)
Tax	2			Income tax expense
Total, net of tax	$	(3	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(10	)	Other income
Total	(10		)
Tax	4			Income tax expense
Total, net of tax	$	(6	)

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 costs			Total
(millions)
Year Ended December 31, 2015
Beginning balance	$	(20	)	$	(66	)	$	(86	)
Other comprehensive income before reclassifications: gains (losses)	6			(20		)	(14		)
Amounts reclassified from AOCI: (gains) losses⁽¹⁾	(3		)	4			1
Net current period other comprehensive income (loss)	3			(16		)	(13		)
Ending balance	$	(17	)	$	(82	)	$	(99	)
Year Ended December 31, 2014
Beginning balance	$	3		$	(61	)	$	(58	)
Other comprehensive income before reclassifications: losses	(31		)	(10		)	(41		)
Amounts reclassified from AOCI losses⁽¹⁾	8			5			13
Net current period other comprehensive loss	(23		)	(5		)	(28		)
Ending balance	$	(20	)	$	(66	)	$	(86	)

(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)
Year Ended December 31, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(6	)	Operating revenue
Total	(6		)
Tax	3			Income tax expense
Total, net of tax	$	(3	)
Unrecognized pension costs:
Actuarial losses	$	7		Other operations and maintenance
Total	7
Tax	(3		)	Income tax expense
Total, net of tax	$	4
Year Ended December 31, 2014
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(2	)	Operating revenue
	14			Purchased gas
Interest rate contracts	1			Interest and related charges
Total	13
Tax	(5		)	Income tax expense
Total, net of tax	$	8
Unrecognized pension costs:
Prior service costs	$	1		Other operations and maintenance
Actuarial losses	7			Other operations and maintenance
Total	8
Tax	(3		)	Income tax expense
Total, net of tax	$	5