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Employee Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Net Periodic Benefit Cost (Credit)

The components of Dominion Energy’s provision for net periodic benefit cost (credit) were as follows:

 

 

 

Pension Benefits

 

 

Other Postretirement Benefits

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

41

 

 

$

39

 

 

$

7

 

 

$

7

 

Interest cost

 

 

97

 

 

 

85

 

 

 

17

 

 

 

14

 

Expected return on plan assets

 

 

(177

)

 

 

(165

)

 

 

(37

)

 

 

(36

)

Amortization of prior service credit

 

 

 

 

 

 

 

 

(13

)

 

 

(13

)

Amortization of net actuarial loss

 

 

42

 

 

 

48

 

 

 

2

 

 

 

3

 

Settlements(1)

 

 

2

 

 

 

 

 

 

 

 

 

 

Net periodic benefit cost (credit)

 

$

5

 

 

$

7

 

 

$

(24

)

 

$

(25

)

Nine Months Ended September 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

121

 

 

$

118

 

 

$

20

 

 

$

20

 

Interest cost

 

 

296

 

 

 

253

 

 

 

51

 

 

 

42

 

Expected return on plan assets

 

 

(530

)

 

 

(498

)

 

 

(105

)

 

 

(107

)

Amortization of prior service cost (credit)

 

 

1

 

 

 

1

 

 

 

(39

)

 

 

(39

)

Amortization of net actuarial loss

 

 

124

 

 

 

145

 

 

 

9

 

 

 

8

 

Settlements and curtailment(1)

 

 

75

 

 

 

 

 

 

42

 

 

 

 

Net periodic benefit cost (credit)

 

$

87

 

 

$

19

 

 

$

(22

)

 

$

(76

)

(1)

Primarily related to a voluntary retirement program.

Dominion Energy Gas Holdings, LLC  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Net Periodic Benefit Cost (Credit)

The components of Dominion Energy Gas’ provision for net periodic benefit cost (credit) for employees represented by collective bargaining units were as follows:

 

 

 

Pension Benefits

 

 

Other Postretirement Benefits

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

4

 

 

$

4

 

 

$

 

 

$

1

 

Interest cost

 

 

7

 

 

 

7

 

 

 

3

 

 

 

3

 

Expected return on plan assets

 

 

(38

)

 

 

(36

)

 

 

(6

)

 

 

(7

)

Amortization of prior service credit

 

 

 

 

 

 

 

 

(1

)

 

 

(1

)

Amortization of net actuarial loss

 

 

5

 

 

 

4

 

 

 

 

 

 

 

Net periodic benefit credit

 

$

(22

)

 

$

(21

)

 

$

(4

)

 

$

(4

)

Nine Months Ended September 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

12

 

 

$

13

 

 

$

2

 

 

$

3

 

Interest cost

 

 

23

 

 

 

21

 

 

 

8

 

 

 

8

 

Expected return on plan assets

 

 

(116

)

 

 

(111

)

 

 

(20

)

 

 

(21

)

Amortization of prior service credit

 

 

 

 

 

 

 

 

(3

)

 

 

(3

)

Amortization of net actuarial loss

 

 

15

 

 

 

14

 

 

 

2

 

 

 

2

 

Curtailment(1)

 

 

1

 

 

 

 

 

 

1

 

 

 

 

Net periodic benefit credit

 

$

(65

)

 

$

(63

)

 

$

(10

)

 

$

(11

)

(1)

Related to a voluntary retirement program.