Acquisitions and Dispositions (Tables)

6 Months Ended

Jun. 30, 2020

Dominion Energy Gas Holdings, LLC | East Ohio

Schedule of Operations, Assets and Liabilities, Capital Expenditures and Significant Noncash Items Reported as Discontinued Operations

The following table represents selected information regarding the results of operations of East Ohio, which are reported as discontinued operations in Dominion Energy Gas’ Consolidated Statements of Income:

	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
(millions)
Operating revenue	$	154	$	383
Depreciation and amortization		22		43
Other operating expenses		128		277
Other income		18		37
Interest and related charges		8		18
Income tax expense		3		17
Net income from discontinued operations	$	11	$	65

Capital expenditures and significant noncash items relating to East Ohio included the following:

	Six Months Ended June 30, 2019
(millions)
Capital expenditures	$	168
Significant noncash items
Charge related to a voluntary retirement program		32
Accrued capital expenditures		8

Dominion Energy Gas Holdings, LLC | DGP

Schedule of Operations, Assets and Liabilities, Capital Expenditures and Significant Noncash Items Reported as Discontinued Operations

The following table represents selected information regarding the results of operations of DGP, which are reported as discontinued operations in Dominion Energy Gas’ Consolidated Statements of Income:

	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
(millions)
Operating revenue	$	34	$	79
Depreciation and amortization		1		2
Other operating expenses		12		56
Income tax expense		6		6
Net income from discontinued operations	$	15	$	15

Capital expenditures and significant noncash items of DGP included the following:

	Six Months Ended June 30, 2019
(millions)
Capital Expenditures	$	8

SCANA

Business Acquisition, Pro Forma Information

The following unaudited pro forma financial information reflects the consolidated results of operations of Dominion Energy assuming the SCANA Combination had taken place on January 1, 2018. The unaudited pro forma financial information has been presented for illustrative purposes only and is not necessarily indicative of the consolidated results of operations that would have been achieved or the future consolidated results of operations of the combined company.

	Three Months Ended June 30, 2019(1)		Six Months Ended June 30, 2019(1)
(millions, except EPS)
Operating Revenue	$	3,970	$	8,835
Net income attributable to Dominion Energy		392		962
Earnings Per Common Share – Basic	$	0.49	$	1.21
Earnings Per Common Share – Diluted	$	0.47	$	1.19

(1) Amounts include adjustments for non-recurring costs directly related to the SCANA Combination.