XML 23 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating Revenue $ 2,813 $ 2,598 $ 6,197 $ 5,519
Operating Expenses        
Electric fuel and other energy-related purchases 498 551 1,073 1,185
Purchased (excess) electric capacity (12) 45 (29) 113
Purchased gas 112 56 417 175
Other operations and maintenance 779 665 1,517 1,368
Depreciation, depletion and amortization 467 361 936 712
Other taxes 168 139 357 303
Total operating expenses 2,012 1,817 4,271 3,856
Income from operations 801 781 1,926 1,663
Other income 60 72 176 126
Interest and related charges 308 239 600 465
Income from operations including noncontrolling interests before income tax expense 553 614 1,502 1,324
Income tax expense 136 152 411 331
Net Income Including Noncontrolling Interests 417 462 1,091 993
Noncontrolling Interests 27 10 69 17
Net Income Attributable to Dominion Energy $ 390 $ 452 $ 1,022 $ 976
Earnings Per Common Share        
Net income attributable to Dominion Energy - Basic $ 0.62 $ 0.73 $ 1.63 $ 1.61
Net income attributable to Dominion Energy - Diluted 0.62 0.73 1.63 1.61
Dividends Declared Per Common Share $ 0.7550 $ 0.7000 $ 1.5100 $ 1.4000
Virginia Electric and Power Company        
Operating Revenue [1] $ 1,747 $ 1,776 $ 3,578 $ 3,666
Operating Expenses        
Electric fuel and other energy-related purchases [1] 409 475 865 1,011
Purchased (excess) electric capacity (12) 45 (29) 113
Affiliated suppliers 75 64 153 165
Other 304 322 600 671
Depreciation, depletion and amortization 280 247 566 495
Other taxes 78 70 157 144
Total operating expenses 1,134 1,223 2,312 2,599
Income from operations 613 553 1,266 1,067
Other income 13 18 44 34
Interest and related charges [1] 125 113 245 227
Income from operations including noncontrolling interests before income tax expense 501 458 1,065 874
Income tax expense 183 178 391 331
Net Income Attributable to Dominion Energy 318 280 674 543
Dominion Energy Gas Holdings, LLC        
Operating Revenue [2] 422 368 912 799
Operating Expenses        
Purchased gas [2] 38 16 81 50
Other energy-related purchases 2 1 7 4
Affiliated suppliers 20 16 45 43
Other 126 58 259 155
Depreciation, depletion and amortization 56 52 110 95
Other taxes 43 39 97 91
Total operating expenses 285 182 599 438
Income from operations 137 186 313 361
Earnings from equity method investee 4 3 11 9
Other income 5 6 10 6
Interest and related charges [2] 24 23 47 45
Income from operations including noncontrolling interests before income tax expense 122 172 287 331
Income tax expense 45 67 102 128
Net Income Attributable to Dominion Energy $ 77 $ 105 $ 185 $ 203
[1] See Note 17 for amounts attributable to affiliates.
[2] See Note 17 for amounts attributable to related parties.