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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating Revenue [1] $ 3,451 $ 3,179 $ 10,005 $ 9,376
Operating Expenses        
Purchased (excess) electric capacity 50 21 87 (8)
Purchased (excess) gas 5 24 409 441
Other operations and maintenance 782 697 2,585 2,308
Depreciation and amortization 526 485 1,487 1,421
Other taxes 177 162 542 519
Total operating expenses 2,301 2,027 7,238 6,392
Income from operations 1,150 1,152 2,767 2,984
Other income 373 121 658 391
Interest and related charges 378 305 1,053 905
Income from operations before income tax expense 1,145 968 2,372 2,470
Income tax expense 262 272 485 683
Net Income Including Noncontrolling Interests 883 696 1,887 1,787
Noncontrolling Interests 29 31 81 100
Net Income $ 854 $ 665 $ 1,806 $ 1,687
Earnings Per Common Share        
Net income attributable to Dominion Energy - Basic $ 1.31 $ 1.03 $ 2.77 $ 2.66
Net income attributable to Dominion Energy - Diluted 1.30 1.03 2.77 2.66
Dividends Declared Per Common Share $ 0.8350 $ 0.7700 $ 2.505 $ 2.280
Virginia Electric and Power Company        
Operating Revenue [2] $ 2,232 $ 2,154 $ 5,809 $ 5,732
Operating Expenses        
Purchased (excess) electric capacity 50 21 87 (8)
Affiliated suppliers 72 76 229 229
Other 332 297 1,013 897
Depreciation and amortization 295 288 839 854
Other taxes 79 76 241 233
Total operating expenses 1,476 1,307 4,156 3,619
Income from operations 756 847 1,653 2,113
Other income 25 13 49 57
Interest and related charges [2] 130 128 388 373
Income from operations before income tax expense 651 732 1,314 1,797
Income tax expense 131 273 271 664
Net Income 520 459 1,043 1,133
Dominion Energy Gas Holdings, LLC        
Operating Revenue [3] 423 401 1,408 1,313
Operating Expenses        
Purchased (excess) gas [3] (7) 19 22 100
Other energy-related purchases 26 4 88 11
Affiliated suppliers 21 20 70 65
Other 95 74 513 375
Depreciation and amortization 61 57 173 167
Other taxes 45 42 152 139
Total operating expenses 241 216 1,018 857
Income from operations 182 185 390 456
Earnings from equity method investee 4 4 18 15
Other income 34 27 99 79
Interest and related charges [3] 28 25 79 72
Income from operations before income tax expense 192 191 428 478
Income tax expense 56 74 111 176
Net Income 136 117 317 302
Electric Fuel and Other Energy-Related Purchases        
Operating Expenses        
Electric fuel and other energy-related purchases 761 638 2,128 1,711
Electric Fuel and Other Energy-Related Purchases | Virginia Electric and Power Company        
Operating Expenses        
Electric fuel and other energy-related purchases [2] $ 648 $ 549 $ 1,747 $ 1,414
[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.