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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating Revenue $ 3,176 $ 3,607 $ 10,084 $ 10,651
Operating Expenses        
Electric fuel and other energy-related purchases 703 594 1,740 1,758
Purchased (excess) electric capacity 26 23 62 36
Purchased gas 60 37 665 561
Other operations and maintenance 924 977 2,806 2,720
Depreciation, depletion and amortization 621 595 1,833 1,751
Other taxes 223 203 702 663
Impairment of assets and other charges (benefits) (222) 1,151 194 1,963
Total operating expenses 2,335 3,580 8,002 9,452
Income from operations 841 27 2,082 1,199
Earnings (loss) from equity method investees 69 (5) 214 0
Other income 133 286 732 327
Interest and related charges 407 306 978 1,136
Income from continuing operations including noncontrolling interests before income tax expense (benefit) 636 2 2,050 390
Income tax expense (benefit) 35 (110) 200 (123)
Net Income From Continuing Operations Including Noncontrolling Interests 601 112 1,850 513
Net Income (Loss) From Discontinued Operations Including Noncontrolling Interests [1],[2] 65 19 119 (1,753)
Net Income (Loss) Including Noncontrolling Interests 666 131 1,969 (1,240)
Noncontrolling Interests 12 (225) 22 (157)
Net Income (Loss) 654 356 1,947 (1,083)
Amounts attributable to Dominion Energy        
Net income from continuing operations 589 369 1,828 767
Net income (loss) from discontinued operations $ 65 $ (13) $ 119 $ (1,850)
EPS - Basic        
Net income from continuing operations $ 0.71 $ 0.42 $ 2.20 $ 0.86
Net income (loss) from discontinued operations 0.08 (0.01) 0.15 (2.21)
Net income (loss) attributable to Dominion Energy 0.79 0.41 2.35 (1.35)
EPS - Diluted        
Net income from continuing operations 0.71 0.42 2.20 0.83
Net income (loss) from discontinued operations 0.08 (0.01) 0.15 (2.21)
Net income (loss) attributable to Dominion Energy $ 0.79 $ 0.41 $ 2.35 $ (1.38)
Virginia Electric and Power Company        
Operating Revenue [3] $ 1,976 $ 2,248 $ 5,547 $ 5,983
Operating Expenses        
Electric fuel and other energy-related purchases [3] 515 424 1,270 1,282
Purchased (excess) electric capacity 15 3 16 (14)
Affiliated suppliers 77 69 242 236
Other operations and maintenance 393 456 1,140 1,083
Depreciation, depletion and amortization 343 324 990 942
Other taxes 86 85 262 257
Impairment of assets and other charges (benefits) (230) 200 (269) 1,008
Total operating expenses 1,199 1,561 3,651 4,794
Income from operations 777 687 1,896 1,189
Other income 21 34 93 34
Interest and related charges [3] 136 135 400 398
Income before income tax expense 662 586 1,589 825
Income tax expense (benefit) 106 111 245 140
Net Income (Loss) $ 556 $ 475 $ 1,344 $ 685
[1]

Includes income tax expense (benefit) of $(6) million and $(10) million for the three months ended September 30, 2021 and 2020, respectively, and $5 million and $(572) million for the nine months ended September 30, 2021 and 2020, respectively.

[2]

See Note 10 for amounts attributable to related parties.

[3] See Note 19 for amounts attributable to affiliates.