XML 54 R31.htm IDEA: XBRL DOCUMENT v3.5.0.2
Income Taxes (Tables)
 6 Months Ended
Jun. 30, 2016
Income Tax Disclosure [Abstract]  
Effective Income Tax
For continuing operations, including noncontrolling interests, the statutory United States federal income tax rate reconciles to the Companies' effective income tax rate as follows:
 
Dominion
Virginia Power
Dominion Gas
Six Months Ended June 30,
2016
2015
2016
2015
2016
2015
United States statutory rate
35.0
 %
35.0
 %
35.0
 %
35.0
 %
35.0
 %
35.0
%
Increases (reductions) resulting from:
 
 
 
 
 
 
State taxes, net of federal benefit
4.3

3.3

4.0

3.8

3.8

3.9

Investment tax credits
(9.9
)
(2.7
)
—

—

—

—

Production tax credits
(0.8
)
(0.8
)
(0.6
)
(0.5
)
—

—

State legislative change
(1.3
)
—

—

—

—

—

Other, net
(2.3
)
(1.0
)
(0.5
)
(0.7
)
(0.1
)
—

Effective tax rate
25.0
 %
33.8
 %
37.9
 %
37.6
 %
38.7
 %
38.9
%