Employee Benefit Plans

3 Months Ended

Mar. 31, 2020

Compensation And Retirement Disclosure [Abstract]

Employee Benefit Plans

Note 20. Employee Benefit Plans

Dominion Energy

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

	Pension Benefits						Other Postretirement Benefits
	2020			2019			2020			2019
(millions)
Three Months Ended March 31,
Service cost	$	43		$	40		$	7		$	7
Interest cost		91			101			15			17
Expected return on plan assets		(193	)		(177	)		(39	)		(33	)
Amortization of prior service credit		—			—			(12	)		(13	)
Amortization of net actuarial loss		49			39			1			4
Settlements		—			2			—			—
Net periodic benefit cost (credit)	$	(10	)	$	5		$	(28	)	$	(18	)

Employer Contributions

During the three months ended March 31, 2020, Dominion Energy made no contributions to its qualified defined benefit pension plans or other postretirement benefit plans. Dominion Energy does not expect to make contributions to its defined benefit pension plans and expects to contribute $12 million to other postretirement benefit plans through VEBAs, respectively, during the remainder of 2020.

Dominion Energy Gas

Dominion Energy Gas participates in certain Dominion Energy benefit plans as described in Note 22 to the Consolidated Financial Statements in the Companies’ Annual Report on Form 10-K for the year ended December 31, 2019. See Note 19 for more information.

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
	2020			2019			2020			2019
(millions)
Three Months Ended March 31,
Service cost	$	1		$	4		$	1		$	1
Interest cost		3			8			1			3
Expected return on plan assets		(14	)		(39	)		(5	)		(7	)
Amortization of prior service credit		—			—			(1	)		(1	)
Amortization of net actuarial loss		2			5			—			1
Net periodic benefit credit	$	(8	)	$	(22	)	$	(4	)	$	(3	)

Employer Contributions

During the three months ended March 31, 2020, Dominion Energy Gas made no contributions to its qualified defined benefit pension plan or other postretirement benefit plans. Dominion Energy Gas does not expect to make contributions to its qualified defined benefit pension plan and expects to contribute approximately $12 million to its other postretirement benefit plans through VEBAs during the remainder of 2020.