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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 675 $ 166 [1]
Customer receivables (less allowance for doubtful accounts) 2,040 2,278 [1]
Other receivables (less allowance for doubtful accounts) [2] 233 367 [1]
Inventories 1,735 1,742 [1]
Prepayments 589 328 [1]
Regulatory assets 616 879 [1]
Other 236 328 [1]
Total current assets 6,124 6,088 [1]
Investments    
Nuclear decommissioning trust funds 6,018 6,192 [1]
Investment in equity method affiliates 584 1,646 [1]
Other 382 379 [1]
Total investments 6,984 8,217 [1]
Property, Plant and Equipment    
Property, plant and equipment 96,527 97,466 [1]
Accumulated depreciation, depletion and amortization (28,547) (28,384) [1]
Total property, plant and equipment, net 67,980 69,082 [1]
Deferred Charges and Other Assets    
Goodwill 8,946 8,946 [1]
Regulatory assets 9,438 7,687 [1]
Other 4,256 3,803 [1]
Total deferred charges and other assets 22,640 20,436 [1]
Total assets 103,728 103,823 [1]
Current Liabilities    
Securities due within one year 2,799 3,162 [1]
Supplemental 364-Day credit facility borrowings 225  
Short-term debt 386 911 [1]
Accounts payable 797 1,115 [1]
Accrued interest, payroll and taxes 1,011 1,323 [1]
Regulatory liabilities 749 497 [1]
Derivative liabilities 586 408 [1]
Other [2] 2,446 1,827 [1]
Total current liabilities 9,537 9,939 [1]
Long-Term Debt    
Long-term debt 33,844 30,313 [1]
Junior subordinated notes 2,858 3,406 [1]
Other 444 105 [1]
Total long-term debt 37,146 33,824 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 5,921 6,277 [1]
Regulatory liabilities 10,680 11,001 [1]
Derivative liabilities 748 332 [1]
Other [3] 8,812 8,417 [1]
Total deferred credits and other liabilities 26,161 26,027 [1]
Total liabilities 72,844 69,790 [1]
Commitments and Contingencies (see Note 17) [1]
Equity    
Preferred stock (See Note 16) 2,387 2,387 [1]
Common stock - no par [4] 23,984 23,824 [1]
Retained earnings 4,480 7,576 [1]
Accumulated other comprehensive income (loss) (1,980) (1,793) [1]
Total shareholders' equity 28,871 31,994 [1]
Noncontrolling interests 2,013 2,039 [1]
Total equity 30,884 34,033 [1]
Total liabilities and equity 103,728 103,823 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 37 17 [5]
Customer receivables (less allowance for doubtful accounts) 1,184 1,163 [5]
Other receivables (less allowance for doubtful accounts) 94 106 [5]
Affiliated receivables 2 27 [5]
Inventories 874 873 [5]
Regulatory assets 197 433 [5]
Other [6] 64 57 [5]
Total current assets 2,452 2,676 [5]
Investments    
Nuclear decommissioning trust funds 2,782 2,881 [5]
Other 3 3 [5]
Total investments 2,785 2,884 [5]
Property, Plant and Equipment    
Property, plant and equipment 45,273 47,038 [5]
Accumulated depreciation, depletion and amortization (13,774) (14,156) [5]
Total property, plant and equipment, net 31,499 32,882 [5]
Deferred Charges and Other Assets    
Regulatory assets 3,780 1,863 [5]
Other [6] 1,524 1,123 [5]
Total deferred charges and other assets 5,304 2,986 [5]
Total assets 42,040 41,428 [5]
Current Liabilities    
Securities due within one year 7 4 [5]
Short-term debt 0 243 [5]
Accounts payable 305 334 [5]
Payables to affiliates 406 210 [5]
Affiliated current borrowings 340 107 [5]
Accrued interest, payroll and taxes 276 253 [5]
Regulatory liabilities 296 167 [5]
Asset retirement obligations 91 340 [5]
Derivative liabilities [6] 478 243 [5],[7]
Other 598 571 [5]
Total current liabilities 2,797 2,472 [5]
Long-Term Debt    
Long-term debt 12,328 12,325 [5]
Total long-term debt 12,358 12,341 [5]
Finance leases 30 16 [5]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,739 2,962 [5]
Asset retirement obligations 3,548 3,241 [5]
Regulatory liabilities 4,954 5,074 [5]
Derivative liabilities [8] 526 223
Other [6] 1,700 1,349 [5]
Total deferred credits and other liabilities 12,941 12,626 [5]
Total liabilities 28,096 27,439 [5]
Commitments and Contingencies (see Note 17) [5]
Equity    
Common stock - no par [9] 5,738 5,738 [5]
Other paid-in capital 1,113 1,113 [5]
Retained earnings 7,163 7,167 [5]
Accumulated other comprehensive income (loss) (70) (29) [5]
Total shareholders' equity 13,944 13,989 [5]
Total liabilities and equity 42,040 41,428 [5]
Dominion Energy Gas Holdings, LLC    
Current Assets    
Cash and cash equivalents [10] 53 27 [11]
Customer receivables (less allowance for doubtful accounts) 151 173 [11]
Other receivables (less allowance for doubtful accounts) [12] 12 26 [11]
Affiliated receivables 77 362 [11]
Affiliated notes receivable 263 0 [11]
Inventories 130 122 [11]
Prepayments 43 73 [11]
Gas imbalances [12] 25 52 [11]
Regulatory assets [13] 9 8
Other 23 23 [11]
Total current assets 777 858 [11]
Investments    
Affiliated notes receivable 2,272 3,437 [11]
Investment in equity method affiliates 310 312 [11]
Total investments 2,582 3,749 [11]
Property, Plant and Equipment    
Property, plant and equipment 14,899 15,166 [11]
Accumulated depreciation, depletion and amortization (3,695) (3,538) [11]
Total property, plant and equipment, net 11,204 11,628 [11]
Deferred Charges and Other Assets    
Goodwill 1,471 1,471 [11]
Regulatory assets [14] 37 40
Other [12] 1,107 1,078 [11]
Total deferred charges and other assets 2,578 2,549 [11]
Total assets 17,141 18,784 [11]
Current Liabilities    
Securities due within one year 1,200 700 [11]
Short-term debt 0 62 [11]
Accounts payable 52 59 [11]
Payables to affiliates 159 82 [11]
Affiliated current borrowings 314 260 [11]
Regulatory liabilities [15] 37 41
Derivative liabilities [16] 76 33
Other [12] 382 289 [11]
Total current liabilities 2,107 1,452 [11]
Long-Term Debt    
Long-term debt 4,324 4,821 [11]
Total long-term debt 4,329 4,826 [11]
Finance leases 5 5 [11]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 1,156 1,288 [11]
Regulatory liabilities [17] 820 800
Derivative liabilities [18] 128 53
Other 1,093 989 [11]
Total deferred credits and other liabilities 2,249 2,277 [11]
Total liabilities 8,685 8,555 [11]
Commitments and Contingencies (see Note 17) [11]
Equity    
Membership interests 7,352 9,031 [11]
Accumulated other comprehensive income (loss) (271) (187) [11]
Total members' equity 7,081 8,844 [11]
Noncontrolling interests 1,375 1,385 [11]
Total equity 8,456 10,229 [11]
Total liabilities and equity 17,141 18,784 [11]
SCANA    
Current Liabilities    
Reserves for SCANA legal proceedings $ 538 $ 696 [1]
[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] See Note 10 for amounts attributable to related parties
[4] 1.8 billion shares authorized; 840 million shares and 838 million shares outstanding at June 30, 2020 and December 31, 2019, respectively.
[5] Virginia Power’s Consolidated Balance Sheet at December 31, 2019 has been derived from the audited Consolidated Balance Sheet at that date.
[6] See Note 19 for amounts attributable to affiliates.
[7] Current derivative liabilities are presented in other current liabilities in Virginia Power’s Consolidated Balance Sheets
[8] Noncurrent derivative liabilities are presented in other deferred credits and other liabilities in Virginia Power’s Consolidated Balance Sheets.
[9] 500,000 shares authorized; 274,723 shares outstanding at June 30, 2020 and December 31, 2019.
[10] At June 30, 2019 and December 31, 2018, Dominion Energy Gas had $12 million and $9 million of cash and cash equivalents included in current assets of discontinued operations, respectively.
[11] Dominion Energy Gas’ Consolidated Balance Sheet at December 31, 2019 has been derived from the audited Consolidated Balance Sheet at that date.
[12] See Note 19 for amounts attributable to related parties.
[13] Current regulatory assets are presented in other current assets in Dominion Energy Gas’ Consolidated Balance Sheets.
[14] Noncurrent regulatory assets are presented in other deferred charges and other assets in Dominion Energy Gas’ Consolidated Balance Sheets.
[15] Current regulatory liabilities are presented in other current liabilities in Dominion Energy Gas’ Consolidated Balance Sheets.
[16] Current derivative liabilities are presented in other current liabilities in Dominion Energy Gas’ Consolidated Balance Sheets.
[17] Noncurrent regulatory liabilities are presented in other deferred credits and other liabilities in Dominion Energy Gas’ Consolidated Balance Sheets.
[18] Noncurrent derivative liabilities are presented in other deferred credits and other liabilities in Dominion Energy Gas’ Consolidated Balance Sheets.