XML 127 R110.htm IDEA: XBRL DOCUMENT v3.20.2
Significant Financing Transactions (Narrative) (Detail)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 14, 2019
USD ($)
$ / shares
shares
Jun. 30, 2022
shares
Jun. 30, 2020
USD ($)
Bond
$ / shares
May 31, 2020
USD ($)
Apr. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
$ / shares
shares
Jan. 31, 2019
USD ($)
shares
Jun. 30, 2020
USD ($)
$ / shares
shares
Jun. 30, 2019
shares
Jun. 30, 2020
USD ($)
$ / shares
shares
Jun. 30, 2019
USD ($)
shares
Dec. 15, 2024
$ / shares
Jul. 31, 2020
USD ($)
Feb. 29, 2020
USD ($)
Nov. 30, 2017
USD ($)
Debt Instrument [Line Items]                                
Facility Limit [1]     $ 6,000,000,000           $ 6,000,000,000   $ 6,000,000,000          
Short-term debt     386,000,000       $ 911,000,000 [2]   386,000,000   386,000,000          
Other long-term debt     444,000,000       105,000,000 [2]   444,000,000   444,000,000          
Shares of common stock issued in acquisition, value                       $ 6,818,000,000        
Amount of income taxes recognized in equity primarily attributable to establishing additional regulatory liabilities                       $ (40,000,000)        
Total Preferred Stock     2,387,000,000       $ 2,387,000,000 [2]   $ 2,387,000,000   $ 2,387,000,000          
Preferred stock, redemption price per share | $ / shares             $ 1,020                  
Subsequent Event                                
Debt Instrument [Line Items]                                
Stock repurchase program, authorized amount                           $ 3,000,000,000.0    
Scenario Forecast                                
Debt Instrument [Line Items]                                
Preferred stock, redemption price per share | $ / shares                         $ 1,000      
Common Stock                                
Debt Instrument [Line Items]                                
Shares of common stock issued in acquisition | shares                       96,000,000        
Shares of common stock issued in acquisition, value                       $ 6,818,000,000        
Amount of income taxes recognized in equity primarily attributable to establishing additional regulatory liabilities                       $ 1,181,000,000        
Issuance of common stock (in shares) | shares                 1,000,000 1,000,000 2,000,000 4,000,000        
2019 Corporate Units                                
Debt Instrument [Line Items]                                
Total Long-term Debt $ 1,600,000,000                              
Percentage of interest in undivided beneficial ownership 10.00%                              
Total Preferred Stock [3] $ 1,610,000,000                              
Dividend rate percentage 1.75%                              
Issuance of common stock (in shares) | shares 16,000,000                              
2019 Corporate Units | Scenario Forecast | Maximum                                
Debt Instrument [Line Items]                                
Shares to be issued under purchase contracts | shares   21,800,000                            
2019 Corporate Units | Common Stock                                
Debt Instrument [Line Items]                                
Purchase price to be paid under stock purchase contracts | $ / shares $ 100                              
Interest Rate Swap                                
Debt Instrument [Line Items]                                
Derivative notional value     $ 2,000,000,000.0           $ 2,000,000,000.0   $ 2,000,000,000.0          
Derivative maturity month and year     2024-12                          
Other long-term debt     $ 326,000,000           $ 326,000,000   $ 326,000,000          
Derivative imputed interest rate     1.19%           1.19%   1.19%          
SCANA                                
Debt Instrument [Line Items]                                
Debt instrument, maturity date, description                     In March 2020, SCANA redeemed the remaining principal outstanding of $183 million of its 4.75% medium-term notes and $155 million of its 4.125% medium-term notes plus accrued interest and make-whole premiums. The notes would have otherwise matured in May 2021 and February 2022, respectively.          
Shares of common stock issued in acquisition | shares               95,600,000                
Shares of common stock issued in acquisition, value               $ 6,800,000,000                
June 2006 Hybrids                                
Debt Instrument [Line Items]                                
Debt, amount redeemed                             $ 111,000,000  
September 2006 Hybrids                                
Debt Instrument [Line Items]                                
Debt, amount redeemed                             $ 286,000,000  
June 2006 and September 2006 Hybrids | Interest and Related Charges                                
Debt Instrument [Line Items]                                
Expenses related to early redemption of hybrids                     $ 10,000,000          
Shelf Registration for Sale of Common Stock through At-the-market Program                                
Debt Instrument [Line Items]                                
Issuance of common stock (in shares) | shares                     0          
Shelf Registration for Sale of Common Stock through At-the-market Program | Maximum                                
Debt Instrument [Line Items]                                
Sale of stock authorized amount           $ 500,000,000                    
DESC                                
Debt Instrument [Line Items]                                
Facility Limit     $ 500,000,000           $ 500,000,000   $ 500,000,000          
Short-term indebtedness outstanding                     $ 2,200,000,000          
Debt maturity month and year                     2021-03          
Questar Gas                                
Debt Instrument [Line Items]                                
Facility Limit     250,000,000           250,000,000   $ 250,000,000          
GESC                                
Debt Instrument [Line Items]                                
Short-term indebtedness outstanding                     $ 200,000,000          
Debt maturity month and year                     2021-03          
Virginia Electric and Power Company                                
Debt Instrument [Line Items]                                
Facility Limit [4]     6,000,000,000           6,000,000,000   $ 6,000,000,000          
Short-term debt     $ 0       $ 243,000,000 [5]   $ 0   $ 0          
Issuance of common stock (in shares) | shares                 0 0 0 0        
Virginia Electric and Power Company | Tax Exempt Bonds                                
Debt Instrument [Line Items]                                
Number of series of tax exempt bonds | Bond     1                          
Long-term debt     $ 105,000,000           $ 105,000,000   $ 105,000,000          
Dominion Energy Midstream Partners, LP                                
Debt Instrument [Line Items]                                
Shares of common stock issued in acquisition | shares               22,500,000                
Shares of common stock issued in acquisition, value               $ 1,600,000,000                
Common units conversion ratio               0.2492                
Gain or loss recognized in equity transaction               $ 0                
Amount of income taxes recognized in equity primarily attributable to establishing additional regulatory liabilities               $ 40,000,000                
Dominion Energy                                
Debt Instrument [Line Items]                                
Dividend rate percentage             2.993%                  
Dominion Energy | Series B Preferred Stock                                
Debt Instrument [Line Items]                                
Preferred stock shares authorized | shares             800,000                  
Total Preferred Stock             $ 791,000,000                  
Issuance of costs             9,000,000                  
Preferred stock liquidation value             $ 1,000                  
Dividend rate percentage             4.65%                  
Dividend stock                 $ 9,000,000   $ 18,000,000          
Dominion Energy | Second Quarter Dividend | Series B Preferred Stock                                
Debt Instrument [Line Items]                                
Dividends payable, amount per share | $ / shares     $ 11.625           $ 11.625   $ 11.625          
Dominion Energy | First And Second Quarter Dividend | Series B Preferred Stock                                
Debt Instrument [Line Items]                                
Dividends payable, amount per share | $ / shares     $ 23.250           $ 23.250   $ 23.250          
Credit Facilities, Maturing in December 2017 with 1 year Automatic Renewals through 2023 | SBL Holdco                                
Debt Instrument [Line Items]                                
Facility Limit     $ 30,000,000           $ 30,000,000   $ 30,000,000          
Automatic renewal period                     1 year          
Short-term debt     0           0   $ 0          
Credit Facilities, Maturing in May 2018 with 1 year Automatic Renewals through 2024 | Dominion Solar Projects III, Inc                                
Debt Instrument [Line Items]                                
Facility Limit     25,000,000           25,000,000   $ 25,000,000          
Automatic renewal period                     1 year          
Short-term debt     0           0   $ 0          
Term Loan Credit Agreement                                
Debt Instrument [Line Items]                                
Credit facility, outstanding amount         $ 625,000,000 $ 500,000,000                    
Debt Instrument, Term         364 days 364 days                    
Floating Rate Demand Notes                                
Debt Instrument [Line Items]                                
Short-term debt     $ 176,000,000       $ 75,000,000   $ 176,000,000   $ 176,000,000          
Floating Rate Demand Notes | Shelf Registration for Sale of Demand Notes                                
Debt Instrument [Line Items]                                
Facility Limit                               $ 3,000,000,000.0
Debt instrument, maximum principal outstanding amount                               $ 1,000,000,000.0
Floating rate senior notes | SCANA                                
Debt Instrument [Line Items]                                
Debt, amount redeemed           $ 66,000,000                    
Debt instrument, maturity date, description                     In March 2020, SCANA redeemed its floating rate senior notes at the remaining principal balance of $66 million plus accrued interest. The notes would have otherwise matured in June 2034.          
Floating rate senior notes | Interest and Related Charges | SCANA                                
Debt Instrument [Line Items]                                
Expenses related to early redemption of hybrids                     $ 7,000,000          
4.75% Medium Term Notes | SCANA                                
Debt Instrument [Line Items]                                
Debt, amount redeemed           $ 183,000,000                    
Interest Rate           4.75%                    
4.125% Medium Term Notes | SCANA                                
Debt Instrument [Line Items]                                
Debt, amount redeemed           $ 155,000,000                    
Interest Rate           4.125%                    
4.75% and 4.125% Medium Term Notes | Interest and Related Charges | SCANA                                
Debt Instrument [Line Items]                                
Expenses related to early redemption of hybrids                     $ 14,000,000          
Senior Notes Due in 2025 | Senior Notes                                
Debt Instrument [Line Items]                                
Interest Rate     1.30%     3.30%     1.30%   1.30%          
Total Long-term Debt     $ 500,000,000     $ 400,000,000     $ 500,000,000   $ 500,000,000          
Debt maturity year     2025     2025                    
Senior Notes Due in 2027 | Senior Notes                                
Debt Instrument [Line Items]                                
Interest Rate           3.60%                    
Total Long-term Debt           $ 350,000,000                    
Debt maturity year           2027                    
Senior Notes Due in 2030 | Senior Notes                                
Debt Instrument [Line Items]                                
Interest Rate     2.00%   3.375%       2.00%   2.00%          
Total Long-term Debt     $ 500,000,000   $ 1,500,000,000       $ 500,000,000   $ 500,000,000          
Debt maturity year     2030   2030                      
Senior Notes Due in 2030 | PSNC                                
Debt Instrument [Line Items]                                
Interest Rate           4.05%                    
Total Long-term Debt           $ 200,000,000                    
Debt maturity year           2030                    
2.579% Junior Subordinated Notes | Unsecured Junior Subordinated Notes                                
Debt Instrument [Line Items]                                
Debt maturity month and year         2020-07                      
Interest Rate         2.579%                      
Debt instrument repurchased and canceled amount     $ 993,000,000   $ 7,000,000       $ 993,000,000   $ 993,000,000          
Senior Notes Due in 2050 | Senior Notes                                
Debt Instrument [Line Items]                                
Interest Rate     3.00%           3.00%   3.00%          
Total Long-term Debt     $ 800,000,000           $ 800,000,000   $ 800,000,000          
Debt maturity year     2050                          
1.20% Tax-Exempt Bond | Virginia Electric and Power Company | Tax Exempt Bonds                                
Debt Instrument [Line Items]                                
Interest Rate     1.20%           1.20%   1.20%          
Letter of Credit                                
Debt Instrument [Line Items]                                
Facility Limit     $ 2,000,000,000.0           $ 2,000,000,000.0   $ 2,000,000,000.0          
Letter of Credit | Virginia Electric and Power Company                                
Debt Instrument [Line Items]                                
Facility Limit     2,000,000,000.0           2,000,000,000.0   2,000,000,000.0          
Letter of Credit | Credit Facility, Maturing in June 2020                                
Debt Instrument [Line Items]                                
Facility Limit       $ 30,000,000 $ 21,000,000                      
Credit facility, outstanding amount     21,000,000           21,000,000   $ 21,000,000          
Credit facility, maturity date       Jun. 30, 2022             Jun. 30, 2020          
364-Day Revolving Credit Facility                                
Debt Instrument [Line Items]                                
Facility Limit           $ 900,000,000                    
Credit facility, outstanding amount     $ 225,000,000           $ 225,000,000   $ 225,000,000          
Debt Instrument, Term           364 days                    
[1] This credit facility matures in March 2023 and can be used by the borrowers under the credit facility to support bank borrowings and the issuance of commercial paper, as well as to support up to a combined $2.0 billion of letters of credit.
[2] Dominion Energy’s Consolidated Balance Sheet at December 31, 2019 has been derived from the audited Consolidated Balance Sheet at that date.
[3] Dominion Energy recorded dividends of $7 million ($4.375 per share) and $14 million ($8.750 per share) for the three and six months ended June 30, 2020, respectively.
[4] The full amount of the facility is available to Virginia Power, less any amounts outstanding to co-borrowers Dominion Energy, Dominion Energy Gas, Questar Gas and DESC. The sub-limit for Virginia Power is set within the facility limit but can be changed at the option of the borrowers under the credit facility multiple times per year. At June 30, 2020, the sub-limit for Virginia Power was $1.5 billion. If Virginia Power has liquidity needs in excess of its sub-limit, the sub-limit may be changed or such needs may be satisfied through short-term intercompany borrowings from Dominion Energy. This credit facility matures in March 2023 and can be used to support bank borrowings and the issuance of commercial paper, as well as to support up to $2.0 billion (or the sub-limit, whichever is less) of letters of credit.
[5] Virginia Power’s Consolidated Balance Sheet at December 31, 2019 has been derived from the audited Consolidated Balance Sheet at that date.