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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 189 $ 120 [1]
Customer receivables (less allowance for doubtful accounts) 1,615 1,660 [1]
Other receivables (less allowance for doubtful accounts) [2] 136 126 [1]
Inventories 1,367 1,477 [1]
Other 974 951 [1]
Total current assets 4,281 4,334 [1]
Investments    
Nuclear decommissioning trust funds 5,060 5,093 [1]
Investment in equity method affiliates 1,638 1,544 [1]
Other 334 327 [1]
Total investments 7,032 6,964 [1]
Property, Plant and Equipment    
Property, plant and equipment 75,632 74,823 [1]
Accumulated depreciation, depletion and amortization (21,503) (21,065) [1]
Total property, plant and equipment, net 54,129 53,758 [1]
Deferred Charges and Other Assets    
Goodwill 6,405 6,405 [1]
Regulatory assets 2,698 2,480 [1]
Other 2,809 2,644 [1]
Total deferred charges and other assets 11,912 11,529 [1]
Total assets 77,354 76,585 [1]
Current Liabilities    
Securities due within one year 3,603 3,078 [1]
Short-term debt 2,713 3,298 [1]
Accounts payable 702 875 [1]
Regulatory liabilities [3] 408 193
Other [2] 2,321 2,385 [1]
Total current liabilities 9,339 9,636 [1]
Long-Term Debt    
Long-term debt 25,759 25,588 [1]
Junior subordinated notes 3,980 3,981 [1]
Remarketable subordinated notes 1,381 1,379 [1]
Total long-term debt 31,120 30,948 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 4,719 4,523 [1]
Regulatory liabilities 6,977 6,916 [1]
Other [2] 5,157 5,192 [1]
Total deferred credits and other liabilities 16,853 16,631 [1]
Total liabilities 57,312 57,215 [1]
Commitments and Contingencies [1]
Equity    
Common stock – no par [4] 10,316 9,865 [1]
Retained earnings 8,924 7,936 [1]
Accumulated other comprehensive loss (1,551) (659) [1]
Total common shareholders' equity 17,689 17,142 [1]
Noncontrolling interests 2,353 2,228 [1]
Total equity 20,042 19,370 [1]
Total liabilities and equity 77,354 76,585 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 6 14 [5]
Customer receivables (less allowance for doubtful accounts) 885 951 [5]
Other receivables (less allowance for doubtful accounts) 52 64 [5]
Affiliated receivables 51 3 [5]
Inventories 795 850 [5]
Prepayments 38 27 [5]
Other [6] 358 315 [5]
Total current assets 2,185 2,224 [5]
Investments    
Nuclear decommissioning trust funds 2,400 2,399 [5]
Other 3 3 [5]
Total investments 2,403 2,402 [5]
Property, Plant and Equipment    
Property, plant and equipment 42,827 42,329 [5]
Accumulated depreciation, depletion and amortization (13,522) (13,277) [5]
Total property, plant and equipment, net 29,305 29,052 [5]
Deferred Charges and Other Assets    
Regulatory assets 1,009 810 [5]
Other [6] 719 651 [5]
Total deferred charges and other assets 1,728 1,461 [5]
Total assets 35,621 35,139 [5]
Current Liabilities    
Securities due within one year 600 850 [5]
Short-term debt 426 542 [5]
Accounts payable 308 361 [5]
Payables to affiliates 113 125 [5]
Affiliated current borrowings 11 33 [5]
Accrued interest, payroll and taxes 251 256 [5]
Regulatory liabilities 304 127 [5]
Other [6] 597 626 [5]
Total current liabilities 2,610 2,920 [5]
Long-Term Debt    
Total long-term debt 11,090 10,496 [5]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,827 2,728 [5]
Asset retirement obligations 1,165 1,149 [5]
Regulatory liabilities 4,796 4,760 [5]
Other [6] 871 862 [5]
Total deferred credits and other liabilities 9,659 9,499 [5]
Total liabilities 23,359 22,915 [5]
Commitments and Contingencies [5]
Equity    
Common stock – no par [7] 5,738 5,738 [5]
Other paid-in capital 1,113 1,113 [5]
Retained earnings 5,420 5,311 [5]
Accumulated other comprehensive loss (9) 62 [5]
Total common shareholders' equity 12,262 12,224 [5]
Total liabilities and equity 35,621 35,139 [5]
Dominion Energy Gas Holdings, LLC    
Current Assets    
Cash and cash equivalents 6 4 [8]
Customer receivables (less allowance for doubtful accounts) [9] 318 297 [8]
Other receivables (less allowance for doubtful accounts) [9] 22 15 [8]
Affiliated receivables 7 10 [8]
Inventories 71 64 [8]
Other [9] 189 210 [8]
Total current assets 613 600 [8]
Investments    
Total investments 99 97 [8]
Property, Plant and Equipment    
Property, plant and equipment 11,274 11,173 [8]
Accumulated depreciation, depletion and amortization (3,068) (3,018) [8]
Total property, plant and equipment, net 8,206 8,155 [8]
Deferred Charges and Other Assets    
Pension and other postretirement benefit assets [9] 1,867 1,828 [8]
Regulatory assets [10] 540 511
Other [9] 1,303 1,260 [8]
Total deferred charges and other assets 3,170 3,088 [8]
Total assets 12,088 11,940 [8]
Current Liabilities    
Short-term debt 614 629 [8]
Accounts payable 145 193 [8]
Payables to affiliates 87 62 [8]
Affiliated current borrowings 41 18 [8]
Regulatory liabilities [3] 42 38
Other [9] 388 439 [8]
Total current liabilities 1,275 1,341 [8]
Long-Term Debt    
Total long-term debt 3,579 3,570 [8]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 1,475 1,454 [8]
Regulatory liabilities [11] 1,243 1,227
Other [9] 1,429 1,412 [8]
Total deferred credits and other liabilities 2,904 2,866 [8]
Total liabilities 7,758 7,777 [8]
Commitments and Contingencies [8]
Equity    
Membership interests 4,443 4,261 [8]
Accumulated other comprehensive loss (113) (98) [8]
Total equity 4,330 4,163 [8]
Total liabilities and equity $ 12,088 $ 11,940 [8]
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2017 has been derived from the audited Consolidated Balance Sheet at that date.
[2] See Note 10 for amounts attributable to related parties.
[3] Current regulatory liabilities are presented in other current liabilities in Dominion Energy’s and Dominion Energy Gas’ Consolidated Balance Sheets.
[4] 1 billion shares authorized; 653 million shares and 645 million shares outstanding at March 31, 2018 and December 31, 2017, respectively.
[5] Virginia Power’s Consolidated Balance Sheet at December 31, 2017 has been derived from the audited Consolidated Balance Sheet at that date.
[6] See Note 18 for amounts attributable to affiliates.
[7] 500,000 shares authorized; 274,723 shares outstanding at March 31, 2018 and December 31, 2017.
[8] Dominion Energy Gas’ Consolidated Balance Sheet at December 31, 2017 has been derived from the audited Consolidated Balance Sheet at that date.
[9] See Note 18 for amounts attributable to related parties.
[10] Noncurrent regulatory assets are presented in other deferred charges and other assets in Dominion Energy Gas' Consolidated Balance Sheets.
[11] Noncurrent regulatory liabilities are presented in other deferred credits and other liabilities in Dominion Energy Gas' Consolidated Balance Sheets.