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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 240 $ 172 [1]
Customer receivables (less allowance for doubtful accounts) 1,728 2,295 [1]
Other receivables (less allowance for doubtful accounts) 247 212 [1]
Inventories 1,538 1,550 [1]
Prepayments 450 309 [1]
Regulatory assets 873 699 [1]
Other 340 167 [1]
Current assets held for sale 1,507 1,482 [1]
Total current assets 6,923 6,886 [1]
Investments    
Nuclear decommissioning trust funds 7,521 6,900 [1]
Investment in equity method affiliates 2,951 2,934 [1]
Other 384 404 [1]
Total investments 10,856 10,238 [1]
Property, Plant and Equipment    
Property, plant and equipment 85,293 82,959 [1]
Accumulated depreciation, depletion and amortization (26,067) (25,111) [1]
Total property, plant and equipment, net 59,226 57,848 [1]
Deferred Charges and Other Assets    
Goodwill 7,405 7,381 [1]
Regulatory assets 8,763 9,133 [1]
Other 4,790 4,419 [1]
Total deferred charges and other assets 20,958 20,933 [1]
Total assets 97,963 95,905 [1]
Current Liabilities    
Securities due within one year 2,096 1,937 [1]
Supplemental 364-Day credit facility borrowings [1]   225
Short-term debt 3,028 895 [1]
Accounts payable 774 944 [1]
Accrued interest, payroll and taxes 997 1,133 [1]
Regulatory liabilities 631 809 [1]
Liability to Atlantic Coast Pipeline 115 1,052 [1]
Q-Pipe Transaction deposit 1,290 1,290 [1]
Derivative liabilities [2] 435 415
Other [3] 2,114 1,933 [1]
Current liabilities held for sale 631 625 [1]
Total current liabilities 11,676 10,843 [1]
Long-Term Debt    
Long-term debt 31,288 30,915 [1]
Junior subordinated notes 2,162 2,161 [1]
Supplemental credit facility borrowings 250  
Other 885 881 [1]
Total long-term debt 34,585 33,957 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 6,261 5,953 [1]
Regulatory liabilities 10,292 10,187 [1]
Other 8,265 8,504 [1]
Total deferred credits and other liabilities 24,818 24,644 [1]
Total liabilities 71,079 69,444 [1]
Commitments and Contingencies (see Note 17) [1]
Equity    
Preferred stock (See Note 16) 2,387 2,387 [1]
Common stock - no par [4] 21,369 21,258 [1]
Retained earnings 4,434 4,189 [1]
Accumulated other comprehensive income (loss) (1,640) (1,717) [1]
Total shareholders' equity 26,550 26,117 [1]
Noncontrolling interests 334 344 [1]
Total equity 26,884 26,461 [1]
Total liabilities and equity 97,963 95,905 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 49 35 [5]
Customer receivables (less allowance for doubtful accounts) 1,019 1,315 [5]
Other receivables (less allowance for doubtful accounts) 77 91 [5]
Affiliated receivables 198 5 [5]
Inventories 837 862 [5]
Regulatory assets 462 295 [5]
Other [6] 108 59 [5]
Total current assets 2,750 2,662 [5]
Investments    
Nuclear decommissioning trust funds 3,511 3,197 [5]
Other 4 3 [5]
Total investments 3,515 3,200 [5]
Property, Plant and Equipment    
Property, plant and equipment 48,212 46,736 [5]
Accumulated depreciation, depletion and amortization (14,717) (14,167) [5]
Total property, plant and equipment, net 33,495 32,569 [5]
Deferred Charges and Other Assets    
Regulatory assets 3,454 3,509 [5]
Other [6] 1,942 1,714 [5]
Total deferred charges and other assets 5,396 5,223 [5]
Total assets 45,156 43,654 [5]
Current Liabilities    
Securities due within one year 461 8 [5]
Short-term debt 814 45 [5]
Accounts payable 311 332 [5]
Payables to affiliates 250 266 [5]
Affiliated current borrowings 348 380 [5]
Accrued interest, payroll and taxes 297 253 [5]
Regulatory liabilities 254 425 [5]
Derivative liabilities [6] 296 390 [5]
Other 715 728 [5]
Total current liabilities 3,746 2,827 [5]
Long-Term Debt    
Long-term debt 12,760 13,207 [5]
Other 492 480 [5]
Total long-term debt 13,252 13,687 [5]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 3,027 2,779 [5]
Asset Retirement Obligations Noncurrent 3,691 3,654 [5]
Regulatory liabilities 5,552 5,338 [5]
Other [6] 824 812 [5]
Total deferred credits and other liabilities 13,094 12,583 [5]
Total liabilities 30,092 29,097 [5]
Commitments and Contingencies (see Note 17) [5]
Equity    
Common stock - no par [7] 5,738 5,738 [5]
Other paid-in capital 1,113 1,113 [5]
Retained earnings 8,246 7,758 [5]
Accumulated other comprehensive income (loss) (33) (52) [5]
Total shareholders' equity 15,064 14,557 [5]
Total liabilities and equity $ 45,156 $ 43,654 [5]
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2020 has been derived from the audited Consolidated Balance Sheet at that date.
[2] Current derivative liabilities include $428 million and $412 million in other current liabilities in Dominion Energy’s Consolidated Balance Sheets as of June 30, 2021 and December 31, 2020, respectively. The remainder is in current liabilities held for sale in Dominion Energy’s Consolidated Balance Sheets.
[3]

See Note 10 for amounts attributable to related parties.

[4] 1.8 billion shares authorized; 807 million and 806 million shares outstanding at June 30, 2021 and December 31, 2020, respectively.
[5] Virginia Power’s Consolidated Balance Sheet at December 31, 2020 has been derived from the audited Consolidated Balance Sheet at that date.
[6] See Note 19 for amounts attributable to affiliates.
[7] 500,000 shares authorized; 274,723 shares outstanding at June 30, 2021 and December 31, 2020.