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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 218 $ 607 [1]
Customer receivables (less allowance for doubtful accounts) 1,175 1,200 [1]
Other receivables (less allowance for doubtful accounts) 153 169 [1]
Inventories 1,304 1,348 [1]
Prepayments 157 198 [1]
Regulatory assets [2] 351 351
Other 704 667 [1]
Total current assets 3,711 4,189 [1]
Investments    
Nuclear decommissioning trust funds 4,239 4,183 [1]
Investment in equity method affiliates 1,346 1,320 [1]
Other 268 271 [1]
Total investments 5,853 5,774 [1]
Property, Plant and Equipment    
Property, plant and equipment 59,154 57,776 [1]
Accumulated depreciation, depletion and amortization (16,531) (16,222) [1]
Total property, plant and equipment, net 42,623 41,554 [1]
Deferred Charges and Other Assets    
Goodwill 3,294 3,294 [1]
Pension and other postretirement benefit assets 978 943 [1]
Regulatory assets 1,977 1,865 [1]
Other 1,069 1,029 [1]
Total deferred charges and other assets 7,318 7,131 [1]
Total assets 59,505 58,648 [1]
Current Liabilities    
Securities due within one year 1,774 1,825 [1]
Short-term debt 3,028 3,509 [1]
Accounts payable 670 726 [1]
Accrued interest, payroll and taxes 583 515 [1]
Other [3] 1,463 1,544 [1]
Total current liabilities 7,518 8,119 [1]
Long-Term Debt    
Long-term debt 20,807 20,048 [1]
Junior subordinated notes 1,849 1,340 [1]
Remarketable subordinated notes 1,530 2,080 [1]
Total long-term debt 24,186 23,468 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 7,536 7,414 [1]
Asset retirement obligations 1,916 1,887 [1]
Regulatory liabilities 2,354 2,285 [1]
Other 1,980 1,873 [1]
Total deferred credits and other liabilities 13,786 13,459 [1]
Total liabilities $ 45,490 $ 45,046 [1]
Commitments and Contingencies (see Note 15) [1]
Equity    
Common stock - no par [4] $ 6,778 $ 6,680 [1]
Retained earnings 6,565 6,458 [1]
Accumulated other comprehensive loss (463) (474) [1]
Total common shareholders' equity 12,880 12,664 [1]
Noncontrolling interests 1,135 938 [1]
Total equity 14,015 13,602 [1]
Total liabilities and equity 59,505 58,648 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 78 18 [5]
Customer receivables (less allowance for doubtful accounts) 798 822 [5]
Other receivables (less allowance for doubtful accounts) 95 109 [5]
Affiliated receivables 3 296 [5]
Inventories 833 873 [5]
Regulatory assets 343 326 [5]
Other [6] 57 60 [5]
Total current assets 2,207 2,504 [5]
Investments    
Nuclear decommissioning trust funds 1,980 1,945 [5]
Other 3 3 [5]
Total investments 1,983 1,948 [5]
Property, Plant and Equipment    
Property, plant and equipment 38,177 37,639 [5]
Accumulated depreciation, depletion and amortization (11,903) (11,708) [5]
Total property, plant and equipment, net 26,274 25,931 [5]
Deferred Charges and Other Assets    
Regulatory assets 775 667 [5]
Other [6] 543 515 [5]
Total deferred charges and other assets 1,318 1,182 [5]
Total assets 31,782 31,565 [5]
Current Liabilities    
Securities due within one year 25 476 [5]
Short-term debt 1,276 1,656 [5]
Accounts payable 338 366 [5]
Accrued interest, payroll and taxes 277 190 [5]
Payables to affiliates 102 73 [5]
Affiliated current borrowings 0 376 [5]
Other [6] 592 593 [5]
Total current liabilities 2,610 3,730 [5]
Long-Term Debt    
Total long-term debt 9,638 8,892 [5]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 4,755 4,654 [5]
Asset retirement obligations 1,134 1,104 [5]
Regulatory liabilities 1,996 1,929 [5]
Other [6] 751 615 [5]
Total deferred credits and other liabilities 8,636 8,302 [5]
Total liabilities $ 20,884 $ 20,924 [5]
Commitments and Contingencies (see Note 15) [5]
Equity    
Common stock - no par [7] $ 5,738 $ 5,738 [5]
Other paid-in capital 1,113 1,113 [5]
Retained earnings 4,013 3,750 [5]
Accumulated other comprehensive loss 34 40 [5]
Total common shareholders' equity 10,898 10,641 [5]
Total liabilities and equity 31,782 31,565 [5]
Dominion Gas Holdings, LLC    
Current Assets    
Cash and cash equivalents 44 13 [8]
Customer receivables (less allowance for doubtful accounts) [9] 227 219 [8]
Other receivables (less allowance for doubtful accounts) [9] 17 7 [8]
Affiliated receivables 9 98 [8]
Inventories 91 78 [8]
Prepayments 72 88 [8]
Regulatory assets [2] 5 23
Other [9] 46 63 [8]
Total current assets 506 566 [8]
Investments    
Total investments 104 104 [8]
Property, Plant and Equipment    
Property, plant and equipment 9,809 9,693 [8]
Accumulated depreciation, depletion and amortization (2,726) (2,690) [8]
Total property, plant and equipment, net 7,083 7,003 [8]
Deferred Charges and Other Assets    
Goodwill 542 542 [8]
Regulatory assets [10] 460 449
Pension and other postretirement benefit assets [9] 1,544 1,510 [8]
Other [9] 611 583 [8]
Total deferred charges and other assets 2,697 2,635 [8]
Total assets 10,390 10,308 [8]
Current Liabilities    
Securities due within one year 400 400 [8]
Short-term debt 403 391 [8]
Accounts payable 167 201 [8]
Accrued interest, payroll and taxes 184 183 [8]
Payables to affiliates 32 22 [8]
Affiliated current borrowings 40 95 [8]
Other [9] 182 183 [8]
Total current liabilities 1,408 1,475 [8]
Long-Term Debt    
Total long-term debt 2,871 2,869 [8]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,267 2,214 [8]
Regulatory liabilities [11] 207 201
Other [9] 436 432 [8]
Total deferred credits and other liabilities 2,703 2,646 [8]
Total liabilities $ 6,982 $ 6,990 [8]
Commitments and Contingencies (see Note 15) [8]
Equity    
Membership interests $ 3,515 $ 3,417 [8]
Accumulated other comprehensive loss [9] (107) (99) [8]
Total common shareholders' equity 3,408 3,318 [8]
Total liabilities and equity $ 10,390 $ 10,308 [8]
[1] Dominion’s Consolidated Balance Sheet at December 31, 2015 has been derived from the audited Consolidated Financial Statements at that date.
[2] Current regulatory assets are presented in other current assets in Dominion's and Dominion Gas' Consolidated Balance Sheets.
[3] See Note 3 for amounts attributable to related parties.
[4] 1 billion shares authorized; 597 million shares and 596 million shares outstanding at March 31, 2016 and December 31, 2015, respectively.
[5] Virginia Power’s Consolidated Balance Sheet at December 31, 2015 has been derived from the audited Consolidated Financial Statements at that date.
[6] See Note 17 for amounts attributable to affiliates.
[7] 500,000 shares authorized; 274,723 shares outstanding at March 31, 2016 and December 31, 2015.
[8] Dominion Gas’ Consolidated Balance Sheet at December 31, 2015 has been derived from the audited Consolidated Financial Statements at that date.
[9] See Note 17 for amounts attributable to related parties.
[10] Noncurrent regulatory assets are presented in other deferred charges and other assets in Dominion Gas' Consolidated Balance Sheets.
[11] Noncurrent regulatory liabilities are presented in other deferred credits and other liabilities in Dominion Gas' Consolidated Balance Sheets.