XML 139 R5.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 1,192 $ 166 [1]
Customer receivables (less allowance for doubtful accounts) 2,177 2,278 [1]
Other receivables (less allowance for doubtful accounts of $3 at both dates) [2] 248 367 [1]
Inventories 1,677 1,742 [1]
Regulatory assets 668 879 [1]
Other 574 656 [1]
Total current assets 6,536 6,088 [1]
Investments    
Nuclear decommissioning trust funds 5,313 6,192 [1]
Investment in equity method affiliates 1,886 1,646 [1]
Other 376 379 [1]
Total investments 7,575 8,217 [1]
Property, Plant and Equipment    
Property, plant and equipment 95,341 97,466 [1]
Accumulated depreciation, depletion and amortization (27,945) (28,384) [1]
Total property, plant and equipment, net 67,396 69,082 [1]
Deferred Charges and Other Assets    
Goodwill 8,946 8,946 [1]
Regulatory assets 9,564 7,687 [1]
Other 4,109 3,803 [1]
Total deferred charges and other assets 22,619 20,436 [1]
Total assets 104,126 103,823 [1]
Current Liabilities    
Securities due within one year 2,919 3,162 [3]
Short-term debt 2,190 911 [3]
Accounts payable 842 1,115 [3]
Accrued interest, payroll and taxes 1,089 1,323 [3]
Regulatory liabilities 641 497 [3]
Reserves for SCANA legal proceedings 560 696 [3]
Derivative liabilities 793 408 [3]
Other [4] 1,414 1,827 [3]
Total current liabilities 10,448 9,939 [3]
Long-Term Debt    
Long-term debt 31,097 30,313 [3]
Junior subordinated notes 3,407 3,406 [3]
Finance leases 111 105 [3]
Total long-term debt 34,615 33,824 [3]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 6,158 6,277 [3]
Regulatory liabilities 10,589 11,001 [3]
Derivative liabilities 853 332 [3]
Other 8,711 8,417 [3]
Total deferred credits and other liabilities 26,311 26,027 [3]
Total liabilities 71,374 69,790 [3]
Commitments and Contingencies (see Note 17) [3]
Equity    
Preferred stock (See Note 16) 2,387 2,387 [3]
Common stock - no par [5] 23,902 23,824 [3]
Retained earnings 6,455 7,576 [3]
Accumulated other comprehensive income (loss) (2,018) (1,793) [3]
Total shareholders' equity 30,726 31,994 [3]
Noncontrolling interests 2,026 2,039 [3]
Total equity 32,752 34,033 [3]
Total liabilities and equity 104,126 103,823 [3]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 71 17 [6]
Customer receivables (less allowance for doubtful accounts) 1,063 1,163 [6]
Other receivables (less allowance for doubtful accounts of $3 at both dates) 93 106 [6]
Affiliated receivables 3 27 [6]
Inventories 868 873 [6]
Regulatory assets 295 433 [6]
Other [7] 54 57 [6]
Total current assets 2,447 2,676 [6]
Investments    
Nuclear decommissioning trust funds 2,468 2,881 [6]
Other 3 3 [6]
Total investments 2,471 2,884 [6]
Property, Plant and Equipment    
Property, plant and equipment 44,446 47,038 [6]
Accumulated depreciation, depletion and amortization (13,434) (14,156) [6]
Total property, plant and equipment, net 31,012 32,882 [6]
Deferred Charges and Other Assets    
Regulatory assets 3,724 1,863 [6]
Other [7] 1,394 1,123 [6]
Total deferred charges and other assets 5,118 2,986 [6]
Total assets 41,048 41,428 [6]
Current Liabilities    
Securities due within one year 5 4 [6]
Short-term debt 135 243 [6]
Accounts payable 261 334 [6]
Payables to affiliates 339 210 [6]
Affiliated current borrowings [6]   107
Accrued interest, payroll and taxes 270 253 [6]
Regulatory liabilities [8] 181 167
Asset retirement obligations 78 340 [6]
Derivative liabilities [7] 481 243 [6]
Other 732 738 [6]
Total current liabilities 2,301 2,472 [6]
Long-Term Debt    
Long-term debt 12,327 12,325 [6]
Finance leases 23 16 [6]
Total long-term debt 12,350 12,341 [6]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,807 2,962 [6]
Asset retirement obligations 3,516 3,241 [6]
Regulatory liabilities 4,820 5,074 [6]
Derivative liabilities [9] 534 223
Other [7] 1,698 1,349 [6]
Total deferred credits and other liabilities 12,841 12,626 [6]
Total liabilities 27,492 27,439 [6]
Commitments and Contingencies (see Note 17) [6]
Equity    
Common stock - no par [10] 5,738 5,738 [6]
Other paid-in capital 1,113 1,113 [6]
Retained earnings 6,780 7,167 [6]
Accumulated other comprehensive income (loss) (75) (29) [6]
Total shareholders' equity 13,556 13,989 [6]
Total liabilities and equity 41,048 41,428 [6]
Dominion Energy Gas Holdings, LLC    
Current Assets    
Cash and cash equivalents [11] 46 27 [12]
Customer receivables (less allowance for doubtful accounts) 157 173 [12]
Other receivables (less allowance for doubtful accounts of $3 at both dates) [13] 33 26 [12]
Affiliated receivables 87 362 [12]
Affiliated notes receivable 262  
Inventories 125 122 [12]
Gas imbalances [13] 39 52 [12]
Regulatory assets [14] 10 8
Other 84 96 [12]
Total current assets 833 858 [12]
Investments    
Affiliated notes receivable 3,437 3,437 [12]
Investment in equity method affiliates 312 312 [12]
Total investments 3,749 3,749 [12]
Property, Plant and Equipment    
Property, plant and equipment 15,224 15,166 [12]
Accumulated depreciation, depletion and amortization (3,620) (3,538) [12]
Total property, plant and equipment, net 11,604 11,628 [12]
Deferred Charges and Other Assets    
Goodwill 1,471 1,471 [12]
Regulatory assets [15] 40 40
Other [13] 1,087 1,078 [12]
Total deferred charges and other assets 2,558 2,549 [12]
Total assets 18,744 18,784 [12]
Current Liabilities    
Securities due within one year 699 700 [12]
Short-term debt 30 62 [12]
Accounts payable 40 59 [12]
Payables to affiliates 131 82 [12]
Affiliated current borrowings 256 260 [12]
Accrued interest, payroll and taxes 143 128 [12]
Regulatory liabilities [16] 38 41
Derivative liabilities [17] 69 33
Other [13] 190 161 [12]
Total current liabilities 1,489 1,452 [12]
Long-Term Debt    
Long-term debt 4,817 4,821 [12]
Finance leases 5 5 [12]
Total long-term debt 4,822 4,826 [12]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 1,277 1,288 [12]
Regulatory liabilities [18] 804 800
Derivative liabilities [19] 138 53
Other 1,078 989 [12]
Total deferred credits and other liabilities 2,355 2,277 [12]
Total liabilities 8,666 8,555 [12]
Commitments and Contingencies (see Note 17) [12]
Equity    
Membership interests 8,968 9,031 [12]
Accumulated other comprehensive income (loss) (271) (187) [12]
Total members' equity 8,697 8,844 [12]
Noncontrolling interests 1,381 1,385 [12]
Total equity 10,078 10,229 [12]
Total liabilities and equity $ 18,744 $ 18,784 [12]
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2019 has been derived from the audited Consolidated Balance Sheet at that date
[2] See Note 10 for amounts attributable to related parties.
[3] Dominion Energy’s Consolidated Balance Sheet at December 31, 2019 has been derived from the audited Consolidated Balance Sheet at that date.
[4] See Note 10 for amounts attributable to related parties
[5] 1.8 billion shares authorized; 839 million shares and 838 million shares outstanding at March 31, 2020 and December 31, 2019, respectively.
[6] Virginia Power’s Consolidated Balance Sheet at December 31, 2019 has been derived from the audited Consolidated Balance Sheet at that date.
[7] See Note 19 for amounts attributable to affiliates.
[8] Current regulatory liabilities are presented in other current liabilities in Virginia Power’s Consolidated Balance Sheets.
[9] Noncurrent derivative liabilities are presented in other deferred credits and other liabilities in Virginia Power’s Consolidated Balance Sheets.
[10] 500,000 shares authorized; 274,723 shares outstanding at March 31, 2020 and December 31, 2019.
[11] At March 31, 2019 and December 31, 2018, Dominion Energy Gas had $4 million and $9 million of cash and cash equivalents included in current assets of discontinued operations, respectively.
[12] Dominion Energy Gas’ Consolidated Balance Sheet at December 31, 2019 has been derived from the audited Consolidated Balance Sheet at that date.
[13] See Note 19 for amounts attributable to related parties.
[14] Current regulatory assets are presented in other current assets in Dominion Energy Gas’ Consolidated Balance Sheets.
[15] Noncurrent regulatory assets are presented in other deferred charges and other assets in Dominion Energy Gas’ Consolidated Balance Sheets.
[16] Current regulatory liabilities are presented in other current liabilities in Dominion Energy Gas’ Consolidated Balance Sheets.
[17] Current derivative liabilities are presented in other current liabilities in Dominion Energy Gas’ Consolidated Balance Sheets.
[18] Noncurrent regulatory liabilities are presented in other deferred credits and other liabilities in Dominion Energy Gas’ Consolidated Balance Sheets.
[19] Noncurrent derivative liabilities are presented in other deferred credits and other liabilities in Dominion Energy Gas’ Consolidated Balance Sheets.