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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating Revenue [1] $ 3,088 $ 2,813 $ 6,554 $ 6,197
Operating Expenses        
Purchased (excess) electric capacity 23 (12) 37 (29)
Purchased gas 64 112 404 417
Other operations and maintenance 1,007 827 1,803 1,611
Depreciation and amortization 463 467 961 936
Other taxes 166 168 365 357
Total operating expenses 2,346 2,060 4,937 4,365
Income from operations 742 753 1,617 1,832
Other income 185 108 285 270
Interest and related charges 361 308 675 600
Income from operations before income tax expense 566 553 1,227 1,502
Income tax expense 88 136 223 411
Net Income Including Noncontrolling Interests 478 417 1,004 1,091
Noncontrolling Interests 29 27 52 69
Net Income $ 449 $ 390 $ 952 $ 1,022
Earnings Per Common Share        
Net income attributable to Dominion Energy - Basic $ 0.69 $ 0.62 $ 1.46 $ 1.63
Net income attributable to Dominion Energy - Diluted 0.69 0.62 1.46 1.63
Dividends Declared Per Common Share $ 0.8350 $ 0.7550 $ 1.670 $ 1.510
Virginia Electric and Power Company        
Operating Revenue [2] $ 1,829 $ 1,747 $ 3,577 $ 3,578
Operating Expenses        
Purchased (excess) electric capacity 23 (12) 37 (29)
Affiliated suppliers 74 75 157 153
Other 365 304 681 600
Depreciation and amortization 247 280 544 566
Other taxes 79 78 162 157
Total operating expenses 1,296 1,134 2,680 2,312
Income from operations 533 613 897 1,266
Other income 21 13 24 44
Interest and related charges [2] 126 125 258 245
Income from operations before income tax expense 428 501 663 1,065
Income tax expense 89 183 140 391
Net Income 339 318 523 674
Dominion Energy Gas Holdings, LLC        
Operating Revenue [3] 459 422 985 912
Operating Expenses        
Purchased gas [3]   38 29 81
Other energy-related purchases 31 2 62 7
Affiliated suppliers 26 20 49 45
Other 295 148 418 301
Depreciation and amortization 53 56 112 110
Other taxes 47 43 107 97
Total operating expenses 452 307 777 641
Income from operations 7 115 208 271
Earnings from equity method investee 5 4 14 11
Other income 32 27 65 52
Interest and related charges [3] 26 24 51 47
Income from operations before income tax expense 18 122 236 287
Income tax expense 3 45 55 102
Net Income 15 77 181 185
Electric Fuel and Other Energy-Related Purchases        
Operating Expenses        
Electric fuel and other energy-related purchases 623 498 1,367 1,073
Electric Fuel and Other Energy-Related Purchases | Virginia Electric and Power Company        
Operating Expenses        
Electric fuel and other energy-related purchases [2] $ 508 $ 409 $ 1,099 $ 865
[1] See Note 10 for amounts attributable to related parties.
[2] See Note 18 for amounts attributable to affiliates.
[3] See Note 18 for amounts attributable to related parties.