Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 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 September 30, 2017
Beginning balance	$	(250	)	$	630		$	(1,058	)	$	(4	)	$	(682	)
Other comprehensive income before reclassifications: gains		11			48			—			—			59
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(15	)		(4	)		14			—			(5	)
Net current-period other comprehensive income (loss)		(4	)		44			14			—			54
Ending balance	$	(254	)	$	674		$	(1,044	)	$	(4	)	$	(628	)
Three Months Ended September 30, 2016
Beginning balance	$	(241	)	$	535		$	(781	)	$	(6	)	$	(493	)
Other comprehensive income before reclassifications: gains		14			31			15			—			60
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(34	)		(13	)		9			—			(38	)
Net current-period other comprehensive income (loss)		(20	)		18			24			—			22
Ending balance	$	(261	)	$	553		$	(757	)	$	(6	)	$	(471	)
Nine Months Ended September 30, 2017
Beginning balance	$	(280	)	$	569		$	(1,082	)	$	(6	)	$	(799	)
Other comprehensive income before reclassifications: gains		82			141			—			2			225
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(56	)		(36	)		38			—			(54	)
Net current-period other comprehensive income		26			105			38			2			171
Ending balance	$	(254	)	$	674		$	(1,044	)	$	(4	)	$	(628	)
Nine Months Ended September 30, 2016
Beginning balance	$	(176	)	$	504		$	(797	)	$	(5	)	$	(474	)
Other comprehensive income before reclassifications: gains (losses)		56			72			15			(1	)		142
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(141	)		(23	)		25			—			(139	)
Net current-period other comprehensive income (loss)		(85	)		49			40			(1	)		3
Ending balance	$	(261	)	$	553		$	(757	)	$	(6	)	$	(471	)

(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 September 30, 2017
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(32	)	Operating revenue
		1		Electric fuel and other energy-related purchases
Interest rate contracts		16		Interest and related charges
Foreign currency contracts		(10	)	Other income
		(25	)
Tax		10		Income tax expense
	$	(15	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(10	)	Other income
Impairment		4		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		(7	)	Income tax expense
	$	14
Three Months Ended September 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(64	)	Operating revenue
		1		Purchased gas
		1		Electric fuel and other energy-related purchases
Interest rate contracts		10		Interest and related charges
Foreign currency contracts		(3	)	Other income
		(55	)
Tax		21		Income tax expense
	$	(34	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(25	)	Other income
Impairment		5		Other income
		(20	)
Tax		7		Income tax expense
	$	(13	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(4	)	Other operations and maintenance
Actuarial (gains) losses		17		Other operations and maintenance
		13
Tax		(4	)	Income tax expense
	$	9
Nine Months Ended September 30, 2017
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(114	)	Operating revenue
		(1	)	Electric fuel and other energy-related purchases
Interest rate contracts		39		Interest and related charges
Foreign currency contracts		(15	)	Other income
		(91	)
Tax		35		Income tax expense
	$	(56	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(74	)	Other income
Impairment		18		Other income
		(56	)
Tax		20		Income tax expense
	$	(36	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(16	)	Other operations and maintenance
Actuarial (gains) losses		79		Other operations and maintenance
		63
Tax		(25	)	Income tax expense
	$	38
Nine Months Ended September 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(266	)	Operating revenue
		9		Purchased gas
		8		Electric fuel and other energy-related purchases
Interest rate contracts		21		Interest and related charges
Foreign currency contracts		(1	)	Other income
		(229	)
Tax		88		Income tax expense
	$	(141	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(55	)	Other income
Impairment		19		Other income
		(36	)
Tax		13		Income tax expense
	$	(23	)
Unrecognized pension and other postretirement benefit costs:
Prior service (credit) costs	$	(11	)	Other operations and maintenance
Actuarial (gains) losses		52		Other operations and maintenance
		41
Tax		(16	)	Income tax expense
	$	25

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 September 30, 2017
Beginning balance	$	(23	)	$	(97	)	$	(120	)
Other comprehensive income before reclassifications: gains		1			—			1
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(4	)		1			(3	)
Net current-period other comprehensive income (loss)		(3	)		1			(2	)
Ending balance	$	(26	)	$	(96	)	$	(122	)
Three Months Ended September 30, 2016
Beginning balance	$	(34	)	$	(81	)	$	(115	)
Other comprehensive income before reclassifications: gains		9			—			9
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(1	)		1			—
Net current-period other comprehensive income		8			1			9
Ending balance	$	(26	)	$	(80	)	$	(106	)
Nine Months Ended September 30, 2017
Beginning balance	$	(24	)	$	(99	)	$	(123	)
Other comprehensive income before reclassifications: gains		3			—			3
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(5	)		3			(2	)
Net current-period other comprehensive income (loss)		(2	)		3			1
Ending balance	$	(26	)	$	(96	)	$	(122	)
Nine Months Ended September 30, 2016
Beginning balance	$	(17	)	$	(82	)	$	(99	)
Other comprehensive income before reclassifications: losses		(6	)		—			(6	)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses		(3	)		2			(1	)
Net current-period other comprehensive income (loss)		(9	)		2			(7	)
Ending balance	$	(26	)	$	(80	)	$	(106	)

(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 September 30, 2017
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	2		Operating revenue
Interest rate contracts		1		Interest and related charges
Foreign currency contracts		(10	)	Other income
		(7	)
Tax		3		Income tax expense
	$	(4	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	2		Other operations and maintenance
		2
Tax		(1	)	Income tax expense
	$	1
Three Months Ended September 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(1	)	Operating revenue
Interest rate contracts		1		Interest and related charges
Foreign currency contracts		(3	)	Other income
		(3	)
Tax		2		Income tax expense
	$	(1	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	2		Other operations and maintenance
		2
Tax		(1	)	Income tax expense
	$	1
Nine Months Ended September 30, 2017
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	4		Operating revenue
Interest rate contracts		3		Interest and related charges
Foreign currency contracts		(15	)	Other income
		(8	)
Tax		3		Income tax expense
	$	(5	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	5		Other operations and maintenance
		5
Tax		(2	)	Income tax expense
	$	3
Nine Months Ended September 30, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(6	)	Operating revenue
Interest rate contracts		2		Interest and related charges
Foreign currency contracts		(1	)	Other income
		(5	)
Tax		2		Income tax expense
	$	(3	)
Unrecognized pension and other postretirement benefit costs:
Actuarial (gains) losses	$	4		Other operations and maintenance
		4
Tax		(2	)	Income tax expense
	$	2