Accumulated Other Comprehensive Income

Dominion

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 Income (Loss) From Equity Method Investee			Total
(millions)
Three Months Ended September 30, 2016
Beginning balance	$	(241	)	$	535		$	(781	)	$	(6	)	$	(493	)
Other comprehensive income before reclassifications: gains	14			31			15			—			60
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(34		)	(13		)	9			—			(38		)
Net current-period other comprehensive income (loss)	(20		)	18			24			—			22
Ending balance	$	(261	)	$	553		$	(757	)	$	(6	)	$	(471	)
Three Months Ended September 30, 2015
Beginning balance	$	(146	)	$	519		$	(754	)	$	(5	)	$	(386	)
Other comprehensive income before reclassifications: gains (losses)	(7		)	(59		)	(9		)	1			(74		)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(53		)	(2		)	14			—			(41		)
Net current-period other comprehensive income (loss)	(60		)	(61		)	5			1			(115		)
Ending balance	$	(206	)	$	458		$	(749	)	$	(4	)	$	(501	)
Nine Months Ended September 30, 2016
Beginning balance	$	(176	)	$	504		$	(797	)	$	(5	)	$	(474	)
Other comprehensive income before reclassifications: gains (losses)	56			72			15			(1		)	142
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(141		)	(23		)	25			—			(139		)
Net current-period other comprehensive income (loss)	(85		)	49			40			(1		)	3
Ending balance	$	(261	)	$	553		$	(757	)	$	(6	)	$	(471	)
Nine Months Ended September 30, 2015
Beginning balance	$	(178	)	$	548		$	(782	)	$	(4	)	$	(416	)
Other comprehensive income before reclassifications: gains (losses)	25			(55		)	(6		)	—			(36		)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(53		)	(35		)	39			—			(49		)
Net current-period other comprehensive income (loss)	(28		)	(90		)	33			—			(85		)
Ending balance	$	(206	)	$	458		$	(749	)	$	(4	)	$	(501	)

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

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)
Three Months Ended September 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(64	)	Operating revenue
	1			Purchased gas
	1			Electric fuel and other energy-related purchases
Interest rate contracts	10			Interest and related charges
Foreign currency contracts	(3		)	Other income
	(55		)



Tax	21			Income tax expense
	$	(34	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(25	)	Other income
Impairment	5			Other income
	(20		)
Tax	7			Income tax expense
	$	(13	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(4	)	Other operations and maintenance
Actuarial (gains) losses	17			Other operations and maintenance
	13
Tax	(4		)	Income tax expense
	$	9
Three Months Ended September 30, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(87	)	Operating revenue
	2			Purchased gas
Interest rate contracts	2			Interest and related charges
	(83		)
Tax	30			Income tax expense
	$	(53	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(18	)	Other income
Impairment	16			Other income
	(2		)
Tax	—			Income tax expense
	$	(2	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(3	)	Other operations and maintenance
Actuarial (gains) losses	24			Other operations and maintenance
	21
Tax	(7		)	Income tax expense
	$	14
Nine Months Ended September 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(266	)	Operating revenue
	9			Purchased gas
	8			Electric fuel and other energy-related purchases
Interest rate contracts	21			Interest and related charges
Foreign currency contracts	(1		)	Other income
	(229		)
Tax	88			Income tax expense
	$	(141	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(55	)	Other income
Impairment	19			Other income



	(36		)
Tax	13			Income tax expense
	$	(23	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(11	)	Other operations and maintenance
Actuarial (gains) losses	52			Other operations and maintenance
	41
Tax	(16		)	Income tax expense
	$	25
Nine Months Ended September 30, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(103	)	Operating revenue
	9			Purchased gas
Interest rate contracts	7			Interest and related charges
	(87		)
Tax	34			Income tax expense
	$	(53	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(82	)	Other income
Impairment	27			Other income
	(55		)
Tax	20			Income tax expense
	$	(35	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(9	)	Other operations and maintenance
Actuarial (gains) losses	73			Other operations and maintenance
	64
Tax	(25		)	Income tax expense
	$	39

Dominion Gas

The following table presents Dominion Gas’ changes in AOCI by component, net of tax:



	Deferred Gains and Losses on Derivatives-Hedging Activities			Unrecognized Pension and Other Postretirement Benefit Costs			Total
(millions)
Three Months Ended September 30, 2016
Beginning balance	$	(34	)	$	(81	)	$	(115	)
Other comprehensive income before reclassifications: gains	9			—			9
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(1		)	1			—
Net current-period other comprehensive income	8			1			9
Ending balance	$	(26	)	$	(80	)	$	(106	)
Three Months Ended September 30, 2015
Beginning balance	$	(22	)	$	(64	)	$	(86	)
Other comprehensive income before reclassifications: gains	3			—			3
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(2		)	1			(1		)
Net current-period other comprehensive income	1			1			2
Ending balance	$	(21	)	$	(63	)	$	(84	)
Nine Months Ended September 30, 2016
Beginning balance	$	(17	)	$	(82	)	$	(99	)
Other comprehensive income before reclassifications: losses	(6		)	—			(6		)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(3		)	2			(1		)
Net current-period other comprehensive income (loss)	(9		)	2			(7		)
Ending balance	$	(26	)	$	(80	)	$	(106	)
Nine Months Ended September 30, 2015
Beginning balance	$	(20	)	$	(66	)	$	(86	)
Other comprehensive income before reclassifications: gains	2			—			2
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(3		)	3			—
Net current-period other comprehensive income (loss)	(1		)	3			2
Ending balance	$	(21	)	$	(63	)	$	(84	)


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

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)
Three Months Ended September 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(1	)	Operating revenue
Interest rate contracts	1			Interest and related charges
Foreign currency contracts	(3		)	Other income
	(3		)
Tax	2			Income tax expense
	$	(1	)
Unrecognized pension and other postretirement benefit costs:



Actuarial (gains) losses	$	2		Other operations and maintenance
	2
Tax	(1		)	Income tax expense
	$	1
Three Months Ended September 30, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(3	)	Operating revenue
	(3		)
Tax	1			Income tax expense
	$	(2	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	2		Other operations and maintenance
	2
Tax	(1		)	Income tax expense
	$	1
Nine Months Ended September 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(6	)	Operating revenue
Interest rate contracts	2			Interest and related charges
Foreign currency contracts	(1		)	Other income
	(5		)
Tax	2			Income tax expense
	$	(3	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	4		Other operations and maintenance
	4
Tax	(2		)	Income tax expense
	$	2
Nine Months Ended September 30, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(4	)	Operating revenue
	(4		)
Tax	1			Income tax expense
	$	(3	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	6		Other operations and maintenance
	6
Tax	(3		)	Income tax expense
	$	3