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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 (excess) 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 investees 197 (18) 111
Other income 1,021 358 429
Interest and related charges 1,493 1,205 1,010
Income from operations including noncontrolling interests before income tax expense (benefit) 3,129 3,090 2,867
Income tax expense (benefit) 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 2,318 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 511 494 461
Income from operations including noncontrolling interests before income tax expense (benefit) 1,582 2,314 1,945
Income tax expense (benefit) 300 774 727
Net Income 1,282 1,540 1,218
Dominion Energy Gas Holdings, LLC      
Operating Revenue [3] 1,996 1,523 1,374
Operating Expenses      
Purchased (excess) gas (10) 109 92
Other energy-related purchases 4 4 5
Affiliated suppliers 132 123 82
Other 584 449 365
Depreciation and amortization 333 242 191
Other taxes 120 99 82
Impairment of assets and related charges 163 15  
Gains on sales of assets (117) (70) (44)
Total operating expenses 1,209 971 773
Income from operations 787 552 601
Earnings from equity method investees 54 47 44
Other income 89 62 43
Interest and related charges [3] 174 60 65
Income from operations including noncontrolling interests before income tax expense (benefit) 756 601 623
Income tax expense (benefit) 124 (65) 197
Net Income from continuing operations 632 666 426
Net Income from discontinued operations [4] 24 163 152
Net Income Including Noncontrolling Interests 656 829 578
Noncontrolling Interests 175 126 101
Net Income $ 481 $ 703 $ 477
[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.
[4] Includes income tax expense of less than $1 million, $91 million and $80 million in 2018, 2017 and 2016, respectively.