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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income including noncontrolling interests $ 1,376 $ 2,549 $ 3,120
Net income 1,358 2,447 2,999
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:      
Depreciation, depletion and amortization (including nuclear fuel) 2,977 2,280 2,202
Deferred income taxes and investment tax credits 216 517 (3)
Proceeds from assignment of tower rental portfolio     91
Contribution to pension plan (21)   (75)
Provision for refunds and rate credits to electric utility customers 800 77 0
Impairment of assets and other charges 1,333 395 15
Charge related to a voluntary retirement program 320    
Gains on sales of assets and equity method investments (167) (1,006) (148)
Net (gains) losses on nuclear decommissioning trusts funds and other investments (626) 102 (117)
Charges associated with equity method investments     158
Charge (revision) for future ash pond and landfill closure costs (113) 81  
Other adjustments (5) 19 33
Changes in:      
Accounts receivable (71) (110) (103)
Inventories (90) (29) 15
Deferred fuel and purchased gas costs, net 195 (247) (71)
Prepayments (225) (51) (62)
Accounts payable (225) 67 (89)
Accrued interest, payroll and taxes (78) (12) 64
Customer deposits (101) 54 15
Margin deposit assets and liabilities 60   (10)
Net realized and unrealized changes related to derivative activities 43 181 44
Asset retirement obligations 41 (35) (94)
Pension and other postretirement benefits (148) (114) (177)
Other operating assets and liabilities (287) 55 (306)
Net cash provided by operating activities 5,204 4,773 4,502
Investing Activities      
Plant construction and other property additions (4,980) (4,254) (5,504)
Cash and restricted cash acquired in the SCANA Combination 389    
Acquisition of solar development projects (341) (151) (405)
Proceeds from sales of securities 1,712 1,804 1,831
Purchases of securities (1,749) (1,894) (1,940)
Proceeds from sales of assets and equity method investments 447 2,542 138
Contributions to equity method affiliates (209) (428) (370)
Distributions from equity method affiliates 9 36 275
Other 100 (13) 33
Net cash used in investing activities (4,622) (2,358) (5,942)
Financing Activities      
Issuance (repayment) of short-term debt, net 404 (2,964) 143
Issuance of short-term notes 3,000 1,450  
Repayment and repurchase of short-term notes (3,000) (1,450) (250)
Credit facility borrowings (repayments) 0 73  
Issuance and remarketing of long-term debt 4,374 6,362 3,880
Repayment and repurchase of long-term debt (including redemption premiums) (9,116) (5,682) (1,572)
Proceeds from sale of interest in Cove Point 2,078    
Net proceeds from issuance of Dominion Energy Midstream common units   4 18
Issuance of common stock 2,515 2,461 1,302
Issuance of Series B preferred stock 791    
Issuance of 2019 Equity Units 1,582    
Common dividend payments (2,983) (2,185) (1,931)
Other (236) (278) (287)
Net cash provided by (used in) financing activities (704) (2,209) 1,303
Increase (decrease) in cash, restricted cash and equivalents (122) 206 (137)
Cash, restricted cash and equivalents at beginning of year 391 185 322
Cash, restricted cash and equivalents at end of year 269 391 185
Supplemental Cash Flow Information      
Interest and related charges, excluding capitalized amounts 1,643 1,362 1,083
Income taxes 106 89 9
Significant noncash investing and financing activities:      
Accrued capital expenditures [1],[2],[3],[4],[5] 555 307 343
Leases [1],[2],[3],[4],[5],[6] 157    
Receivables from sales of assets and equity method investments [1],[2],[3],[4],[5] 5 159  
Guarantee provided by equity method affiliate [1],[2],[3],[4],[5]     30
Virginia Electric and Power Company      
Operating Activities      
Net income 1,149 1,282 1,540
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:      
Depreciation, depletion and amortization (including nuclear fuel) 1,392 1,309 1,333
Deferred income taxes and investment tax credits (80) 224 269
Proceeds from assignment of tower rental portfolio     91
Impairment of assets and other charges 624    
Charge related to a voluntary retirement program 116    
Provision for rate credits to customers   77  
Charge (revision) for future ash pond and landfill closure costs (113) 81  
Other adjustments (86) (21) (36)
Changes in:      
Accounts receivable (196) (60) (27)
Affiliated receivables and payables 75 (14) 125
Inventories (56) 13 3
Deferred fuel and purchased gas costs, net 243 (269) (59)
Prepayments 1 (1) 3
Accounts payable (31) (26) (42)
Accrued interest, payroll and taxes 5 (8) 17
Net realized and unrealized changes related to derivative activities 21 119 13
Asset retirement obligations 51 (54) (88)
Other operating assets and liabilities (331) 188 (181)
Net cash provided by operating activities 2,784 2,840 2,961
Investing Activities      
Plant construction and other property additions (2,642) (2,228) (2,496)
Purchases of nuclear fuel (157) (173) (192)
Acquisition of solar development projects (182) (141) (41)
Proceeds from sales of securities 858 887 849
Purchases of securities (905) (925) (884)
Other (37) (63) (41)
Net cash used in investing activities (3,065) (2,643) (2,805)
Financing Activities      
Issuance (repayment) of short-term debt, net (71) (228) 477
Repayment of credit facility borrowings (113)    
Issuance and remarketing of long-term debt 1,248 1,300 1,500
Issuance (repayment) of affiliated current borrowings, net (117) 191 (229)
Repayment and repurchase of long-term debt (including redemption premiums) (591) (964) (681)
Common dividend payments (190) (464) (1,199)
Other (12) (18) (11)
Net cash provided by (used in) financing activities 267 (183) (143)
Increase (decrease) in cash, restricted cash and equivalents (14) 14 13
Cash, restricted cash and equivalents at beginning of year 38 24 11
Cash, restricted cash and equivalents at end of year 24 38 24
Supplemental Cash Flow Information      
Interest and related charges, excluding capitalized amounts 495 498 458
Income taxes 272 128 362
Significant noncash investing and financing activities:      
Accrued capital expenditures [1] 292 204 169
Leases [1],[7] 55    
Dominion Energy Gas Holdings, LLC      
Operating Activities      
Net income including noncontrolling interests 842 656 829
Net income 721 481 703
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:      
Depreciation and amortization 445 424 328
Deferred income taxes and investment tax credits (3) 380 (19)
Impairment of assets and other charges 13 385 15
Charge related to a voluntary retirement program 20    
Gains on sales of assets and equity method investments (7) (109) (70)
Other adjustments 69 21 14
Changes in:      
Accounts receivable 69 (101) (4)
Affiliated receivables and payables (51) (310) 26
Inventories (50) (28) (5)
Prepayments 59 (23) (20)
Accounts payable (109) 1 (7)
Accrued interest, payroll and taxes (52) 22 26
Pension and other postretirement benefits (142) (153) (143)
Other operating assets and liabilities (37) 30 (13)
Net cash provided by operating activities 1,066 1,195 957
Investing Activities      
Plant construction and other property additions (704) (1,109) (1,815)
Loan to Dominion Energy (1,757)    
Loan to Dominion Energy from Cove Point   (2,986)  
Repayment of affiliated notes receivable, net 647   32
Proceeds from assignment of shale development rights   109 70
Other (22) (20) (27)
Net cash used in investing activities 1,150 (4,006) (1,740)
Financing Activities      
Issuance (repayment) of short-term debt, net 52 (619) 169
Credit facility borrowings (repayments)   73  
Repayment of credit facility borrowings (73)    
Issuance and remarketing of long-term debt 1,500 3,750  
Issuance of affiliated long-term debt 395    
Issuance (repayment) of affiliated current borrowings, net (2,837) 291 628
Repayment and repurchase of long-term debt (including redemption premiums) (3,750) (255)  
Repayment of affiliated long-term debt (395)    
Net proceeds from sale of Dominion Energy Midstream Common Units 0 4 18
Contributions from Dominion Energy 3,385 25 25
Dividends and distributions (636) (296) (121)
Other (16) (21)  
Net cash provided by (used in) financing activities (2,375) 2,952 719
Increase (decrease) in cash, restricted cash and equivalents (159) 141 (64)
Cash, restricted cash and equivalents at beginning of year 198 57 121
Cash, restricted cash and equivalents at end of year 39 198 57
Supplemental Cash Flow Information      
Interest and related charges, excluding capitalized amounts 291 162 55
Income taxes 65 79 11
Significant noncash investing and financing activities:      
Accrued capital expenditures [8],[9] 25 59 69
Equity contributions from Dominion Energy [8],[9] 0 $ 23 $ 26
Finance leases [8],[9] 6    
Dominion Energy Gas Holdings, LLC | East Ohio Gas [Member]      
Investing Activities      
Loan to Dominion Energy (115)    
Repayment of loan 115    
Dominion Energy Gas Holdings, LLC | Cove Point [Member]      
Investing Activities      
Repayment of loan $ 2,986    
[1] See Note 2 for noncash investing and financing activities related to the adoption of a new accounting standard for leasing arrangements.
[2] See Note 3 for noncash investing and financing activities related to the SCANA Combination.
[3] See Note 5 for noncash activities related to the sale of a noncontrolling interest in Cove Point.
[4] See Note 9 for noncash investing activities related to the acquisition of a noncontrolling interest in Wrangler.
[5] See Notes 18,19 and 20 for noncash financing activities related to the acquisition of the public interest in Dominion Energy Midstream, the remarketing of RSNs, the issuance of stock purchase contracts associated with the 2019 Equity Units and the contribution of stock to Dominion Energy’s qualified defined benefit pension plan.
[6] Includes $113 million of finance leases and $44 million of operating leases.
[7] Includes $20 million of finance leases and $35 million of operating leases.
[8] See Note 2 for noncash investing and financing activities related to the adoption of a new accounting standard for lease arrangements.
[9] See Notes 3 and 25 for noncash investing and financing activities related to the Dominion Energy Gas Restructuring and related-party transactions.