Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2017

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents Dominion Energy’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 June 30, 2017
Beginning balance	$	(260	)	$	599		$	(1,069	)	$	(5	)	$	(735	)
Other comprehensive income before reclassifications: gains		28			35			—			1			64
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(18	)		(4	)		11			—			(11	)
Net current-period other comprehensive income		10			31			11			1			53
Ending balance	$	(250	)	$	630		$	(1,058	)	$	(4	)	$	(682	)
Three Months Ended June 30, 2016
Beginning balance	$	(186	)	$	517		$	(789	)	$	(5	)	$	(463	)
Other comprehensive income before reclassifications: gains (losses)		(11	)		26			—			(1	)		14
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(44	)		(8	)		8			—			(44	)
Net current-period other comprehensive income (loss)		(55	)		18			8			(1	)		(30	)
Ending balance	$	(241	)	$	535		$	(781	)	$	(6	)	$	(493	)
Six Months Ended June 30, 2017
Beginning balance	$	(280	)	$	569		$	(1,082	)	$	(6	)	$	(799	)
Other comprehensive income before reclassifications: gains		71			93			—			2			166
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(41	)		(32	)		24			—			(49	)
Net current-period other comprehensive income		30			61			24			2			117
Ending balance	$	(250	)	$	630		$	(1,058	)	$	(4	)	$	(682	)
Six Months Ended June 30, 2016
Beginning balance	$	(176	)	$	504		$	(797	)	$	(5	)	$	(474	)
Other comprehensive income before reclassifications: gains (losses)		42			41			—			(1	)		82
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(107	)		(10	)		16			—			(101	)
Net current-period other comprehensive income (loss)		(65	)		31			16			(1	)		(19	)
Ending balance	$	(241	)	$	535		$	(781	)	$	(6	)	$	(493	)

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

Reclassification out of Accumulated Other Comprehensive Income

The following table presents Dominion Energy’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 June 30, 2017
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(19	)	Operating revenue
		(2	)	Electric fuel and other energy-related purchases
Interest rate contracts		11		Interest and related charges
Foreign currency contracts		(19	)	Other income
		(29	)
Tax		11		Income tax expense
	$	(18	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(11	)	Other income
Impairment		5		Other income
		(6	)
Tax		2		Income tax expense
	$	(4	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(5	)	Other operations and maintenance
Actuarial (gains) losses		26		Other operations and maintenance
		21
Tax		(10	)	Income tax expense
	$	11
Three Months Ended June 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(87	)	Operating revenue
		2		Purchased gas
		3		Electric fuel and other energy-related purchases
Interest rate contracts		8		Interest and related charges
Foreign currency contracts		2		Other income
		(72	)
Tax		28		Income tax expense
	$	(44	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(20	)	Other income
Impairment		7		Other income
		(13	)
Tax		5		Income tax expense
	$	(8	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(3	)	Other operations and maintenance
Actuarial (gains) losses		17		Other operations and maintenance
		14
Tax		(6	)	Income tax expense
	$	8
Six Months Ended June 30, 2017
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(81	)	Operating revenue
		(2	)	Electric fuel and other energy-related purchases
Interest rate contracts		23		Interest and related charges
Foreign currency contracts		(6	)	Other income
		(66	)
Tax		25		Income tax expense
	$	(41	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(64	)	Other income
Impairment		14		Other income
		(50	)
Tax		18		Income tax expense
	$	(32	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(9	)	Other operations and maintenance
Actuarial (gains) losses		51		Other operations and maintenance
		42
Tax		(18	)	Income tax expense
	$	24
Six Months Ended June 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(201	)	Operating revenue
		8		Purchased gas
		6		Electric fuel and other energy-related purchases
Interest rate contracts		11		Interest and related charges
Foreign currency contracts		2		Other income
		(174	)
Tax		67		Income tax expense
	$	(107	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(30	)	Other income
Impairment		14		Other income
		(16	)
Tax		6		Income tax expense
	$	(10	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(7	)	Other operations and maintenance
Actuarial (gains) losses		35		Other operations and maintenance
		28
Tax		(12	)	Income tax expense
	$	16

Dominion Energy Gas Holdings, LLC

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents Dominion Energy 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 June 30, 2017
Beginning balance	$	(22	)	$	(99	)	$	(121	)
Other comprehensive income before reclassifications: gains		11			—			11
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(12	)		2			(10	)
Net current-period other comprehensive income (loss)		(1	)		2			1
Ending balance	$	(23	)	$	(97	)	$	(120	)
Three Months Ended June 30, 2016
Beginning balance	$	(25	)	$	(82	)	$	(107	)
Other comprehensive income before reclassifications: losses		(9	)		—			(9	)
Amounts reclassified from AOCI⁽¹⁾: losses		—			1			1
Net current-period other comprehensive income (loss)		(9	)		1			(8	)
Ending balance	$	(34	)	$	(81	)	$	(115	)
Six Months Ended June 30, 2017
Beginning balance	$	(24	)	$	(99	)	$	(123	)
Other comprehensive income before reclassifications: gains		2			—			2
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(1	)		2			1
Net current-period other comprehensive income		1			2			3
Ending balance	$	(23	)	$	(97	)	$	(120	)
Six Months Ended June 30, 2016
Beginning balance	$	(17	)	$	(82	)	$	(99	)
Other comprehensive income before reclassifications: losses		(15	)		—			(15	)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(2	)		1			(1	)
Net current-period other comprehensive income (loss)		(17	)		1			(16	)
Ending balance	$	(34	)	$	(81	)	$	(115	)

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

Reclassification out of Accumulated Other Comprehensive Income

The following table presents Dominion Energy 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 June 30, 2017
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(1	)	Operating revenue
Interest rate contracts		1		Interest and related charges
Foreign currency contracts		(19	)	Other income
		(19	)
Tax		7		Income tax expense
	$	(12	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	2		Other operations and maintenance
		2
Tax		—		Income tax expense
	$	2
Three Months Ended June 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Foreign currency contracts	$	2		Other income
		2
Tax		(2	)	Income tax expense
	$	—
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	1		Other operations and maintenance
		1
Tax		—		Income tax expense
	$	1
Six Months Ended June 30, 2017
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	3		Operating revenue
Interest rate contracts		2		Interest and related charges
Foreign currency contracts		(6	)	Other income
		(1	)
Tax		—		Income tax expense
	$	(1	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	3		Other operations and maintenance
		3
Tax		(1	)	Income tax expense
	$	2
Six Months Ended June 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(4	)	Operating revenue
Foreign currency contracts		2		Other income
		(2	)
Tax		—		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