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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating revenue [1] $ 13,366 $ 12,586 $ 11,737
Operating Expenses      
Electric fuel and other energy-related purchases 2,814 2,301 2,333
Purchased electric capacity 122 6 99
Purchased gas 645 701 459
Other operations and maintenance 3,458 3,200 3,279
Depreciation and amortization 2,000 1,905 1,559
Other taxes 703 668 596
Impairment of assets and related charges 403 15 4
Gains on sales of assets (380) (147) (40)
Total operating expenses 9,765 8,649 8,289
Income from operations 3,601 3,937 3,448
Earnings from equity method investee 197 (18) 111
Other income [1] 1,021 358 429
Interest and related charges 1,493 1,205 1,010
Income from operations before income tax expense 3,129 3,090 2,867
Income tax expense 580 (30) 655
Net Income Including Noncontrolling Interests 2,549 3,120 2,212
Noncontrolling Interests 102 121 89
Net Income $ 2,447 $ 2,999 $ 2,123
Earnings Per Common Share      
Net income attributable to Dominion Energy-Basic $ 3.74 $ 4.72 $ 3.44
Net income attributable to Dominion Energy-Diluted $ 3.74 $ 4.72 $ 3.44
Virginia Electric and Power Company      
Operating revenue [2] $ 7,619 $ 7,556 $ 7,588
Operating Expenses      
Electric fuel and other energy-related purchases [2] 2,318 1,909 1,973
Purchased electric capacity 122 6 99
Affiliated suppliers 305 309 310
Other 1,371 1,169 1,547
Depreciation and amortization 1,132 1,141 1,025
Other taxes 300 290 284
Total operating expenses 5,548 4,824 5,238
Income from operations 2,071 2,732 2,350
Other income 22 76 56
Interest and related charges [2] 511 494 461
Income from operations before income tax expense 1,582 2,314 1,945
Income tax expense 300 774 727
Net Income 1,282 1,540 1,218
Dominion Energy Gas Holdings, LLC      
Operating revenue [3] 1,940 1,814 1,638
Operating Expenses      
Purchased gas [3] 40 132 109
Other energy-related purchases 135 21 12
Affiliated suppliers 94 87 81
Other [3] 665 578 514
Depreciation and amortization 244 227 204
Other taxes 200 185 170
Impairment of assets and related charges 346 16  
Gains on sales of assets (119) (70) (45)
Total operating expenses 1,605 1,176 1,045
Income from operations 335 638 593
Earnings from equity method investee 24 21 21
Other income 133 104 87
Interest and related charges [3] 105 97 94
Income from operations before income tax expense 387 666 607
Income tax expense 86 51 215
Net Income $ 301 $ 615 $ 392
[1] See Note 9 for amounts attributable to related parties.
[2] See Note 24 for amounts attributable to affiliates.
[3] See Note 24 for amounts attributable to related parties.