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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 377 $ 607 [1]
Restricted cash and cash equivalents 516 17 [1]
Customer receivables (less allowance for doubtful accounts) 1,140 1,200 [1]
Other receivables (less allowance for doubtful accounts) 139 169 [1]
Inventories 1,351 1,348 [1]
Prepayments 143 198 [1]
Regulatory assets [2] 221 351
Other 477 650 [1]
Total current assets 4,143 4,189 [1]
Investments    
Nuclear decommissioning trust funds 4,331 4,183 [1]
Investment in equity method affiliates 1,372 1,320 [1]
Other 277 271 [1]
Total investments 5,980 5,774 [1]
Property, Plant and Equipment    
Property, plant and equipment 60,490 57,776 [1]
Accumulated depreciation, depletion and amortization (16,808) (16,222) [1]
Total property, plant and equipment, net 43,682 41,554 [1]
Deferred Charges and Other Assets    
Goodwill 3,294 3,294 [1]
Pension and other postretirement benefit assets 1,017 943 [1]
Regulatory assets 2,150 1,865 [1]
Other 1,103 1,029 [1]
Total deferred charges and other assets 7,564 7,131 [1]
Total assets 61,369 58,648 [1]
Current Liabilities    
Securities due within one year 1,348 1,825 [1]
Short-term debt 3,437 3,509 [1]
Accounts payable 589 726 [1]
Accrued interest, payroll and taxes 561 515 [1]
Regulatory liabilities [3] 161 100
Other [4] 1,331 1,544 [1]
Total current liabilities 7,266 8,119 [1]
Long-Term Debt    
Long-term debt 21,406 20,048 [1]
Junior subordinated notes 2,399 1,340 [1]
Remarketable subordinated notes 982 2,080 [1]
Total long-term debt 24,787 23,468 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 7,666 7,414 [1]
Asset retirement obligations 1,941 1,887 [1]
Regulatory liabilities 2,318 2,285 [1]
Other 1,939 1,873 [1]
Total deferred credits and other liabilities 13,864 13,459 [1]
Total liabilities 45,917 45,046 [1]
Commitments and Contingencies [1]
Equity    
Common stock - no par [5] 8,160 6,680 [1]
Retained earnings 6,585 6,458 [1]
Accumulated other comprehensive loss (493) (474) [1]
Total common shareholders' equity 14,252 12,664 [1]
Noncontrolling interests 1,200 938 [1]
Total equity 15,452 13,602 [1]
Total liabilities and equity 61,369 58,648 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 61 18 [6]
Customer receivables (less allowance for doubtful accounts) 837 822 [6]
Other receivables (less allowance for doubtful accounts) 79 109 [6]
Affiliated receivables 2 296 [6]
Inventories 860 873 [6]
Prepayments 73 38 [6]
Regulatory assets 193 326 [6]
Other [7] 39 22 [6]
Total current assets 2,144 2,504 [6]
Investments    
Nuclear decommissioning trust funds 2,030 1,945 [6]
Other 4 3 [6]
Total investments 2,034 1,948 [6]
Property, Plant and Equipment    
Property, plant and equipment 38,734 37,639 [6]
Accumulated depreciation, depletion and amortization (12,076) (11,708) [6]
Total property, plant and equipment, net 26,658 25,931 [6]
Deferred Charges and Other Assets    
Regulatory assets 966 667 [6]
Other [7] 591 515 [6]
Total deferred charges and other assets 1,557 1,182 [6]
Total assets 32,393 31,565 [6]
Current Liabilities    
Securities due within one year 99 476 [6]
Short-term debt 1,423 1,656 [6]
Accounts payable 311 366 [6]
Accrued interest, payroll and taxes 229 190 [6]
Regulatory liabilities [3] 112 35 [6]
Payables to affiliates 74 73 [6]
Affiliated current borrowings 0 376 [6]
Other [7] 585 558 [6]
Total current liabilities 2,833 3,730 [6]
Long-Term Debt    
Total long-term debt 9,562 8,892 [6]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 4,885 4,654 [6]
Asset retirement obligations 1,154 1,104 [6]
Regulatory liabilities 1,956 1,929 [6]
Other [7] 829 615 [6]
Total deferred credits and other liabilities 8,824 8,302 [6]
Total liabilities 21,219 20,924 [6]
Commitments and Contingencies [6]
Equity    
Common stock - no par [8] 5,738 5,738 [6]
Other paid-in capital 1,113 1,113 [6]
Retained earnings 4,293 3,750 [6]
Accumulated other comprehensive loss 30 40 [6]
Total common shareholders' equity 11,174 10,641 [6]
Total liabilities and equity 32,393 31,565 [6]
Dominion Gas Holdings, LLC    
Current Assets    
Cash and cash equivalents 226 13 [9]
Customer receivables (less allowance for doubtful accounts) [10] 176 219 [9]
Other receivables (less allowance for doubtful accounts) [10] 11 7 [9]
Affiliated receivables 6 98 [9]
Inventories 90 78 [9]
Prepayments 59 88 [9]
Regulatory assets [2] 25 23
Other [10] 56 63 [9]
Total current assets 624 566 [9]
Investments    
Total investments 99 104 [9]
Property, Plant and Equipment    
Property, plant and equipment 10,053 9,693 [9]
Accumulated depreciation, depletion and amortization (2,766) (2,690) [9]
Total property, plant and equipment, net 7,287 7,003 [9]
Deferred Charges and Other Assets    
Goodwill 542 542 [9]
Regulatory assets [11] 451 449
Pension and other postretirement benefit assets [10] 1,579 1,510 [9]
Other [10] 604 583 [9]
Total deferred charges and other assets 2,725 2,635 [9]
Total assets 10,735 10,308 [9]
Current Liabilities    
Securities due within one year 400 400 [9]
Short-term debt 238 391 [9]
Accounts payable 124 201 [9]
Accrued interest, payroll and taxes 155 183 [9]
Regulatory liabilities [3] 43 55
Payables to affiliates 17 22 [9]
Affiliated current borrowings 0 95 [9]
Other [10] 161 183 [9]
Total current liabilities 1,095 1,475 [9]
Long-Term Debt    
Total long-term debt 3,541 2,869 [9]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,331 2,214 [9]
Regulatory liabilities [12] 213 201
Other [10] 412 432 [9]
Total deferred credits and other liabilities 2,743 2,646 [9]
Total liabilities 7,379 6,990 [9]
Commitments and Contingencies [9]
Equity    
Membership interests 3,471 3,417 [9]
Accumulated other comprehensive loss [10] (115) (99) [9]
Total common shareholders' equity 3,356 3,318 [9]
Total liabilities and equity $ 10,735 $ 10,308 [9]
[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] Current regulatory liabilities are presented in other current liabilities in the Companies' Consolidated Balance Sheets
[4] See Note 3 for amounts attributable to related parties.
[5] 1 billion shares authorized; 617 million shares and 596 million shares outstanding at June 30, 2016 and December 31, 2015, respectively.
[6] Virginia Power’s Consolidated Balance Sheet at December 31, 2015 has been derived from the audited Consolidated Financial Statements at that date.
[7] See Note 17 for amounts attributable to affiliates.
[8] 500,000 shares authorized; 274,723 shares outstanding at June 30, 2016 and December 31, 2015.
[9] Dominion Gas’ Consolidated Balance Sheet at December 31, 2015 has been derived from the audited Consolidated Financial Statements at that date.
[10] See Note 17 for amounts attributable to related parties.
[11] Noncurrent regulatory assets are presented in other deferred charges and other assets in Dominion Gas' Consolidated Balance Sheets
[12] Noncurrent regulatory liabilities are presented in other deferred credits and other liabilities in Dominion Gas' Consolidated Balance Sheets.