XML 75 R56.htm IDEA: XBRL DOCUMENT v3.22.0.1
Equity (Tables)
 12 Months Ended
Dec. 31, 2021
Schedule of Changes in AOCI Net of Tax and Reclassifications out of AOCI by Component

The following table presents Dominion Energy’s changes in AOCI (net of tax) and reclassifications out of AOCI by component:

 

 

Commodity

 

 

 

 

Interest Rate

 

 

 

 

Foreign

Currency

 

 

 

 

Total Derivative-Hedging Activities(1)

 

 

 

 

Investment

Securities(2)

 

 

 

 

Pension and other postretirement benefit costs(3)

 

 

 

 

Equity Method Investees(4)

 

 

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(1

)

 

 

 

$

(418

)

 

 

 

$

—

 

 

 

 

$

(419

)

 

 

 

$

62

 

 

 

 

$

(1,359

)

 

 

 

$

(1

)

 

 

 

$

(1,717

)

Other comprehensive income

    before reclassifications:

    gains (losses)

 

 

—

 

 

 

 

 

15

 

 

 

 

 

—

 

 

 

 

 

15

 

 

 

 

 

(7

)

 

 

 

 

144

 

 

 

 

 

(3

)

 

 

 

 

149

 

Amounts reclassified from

    AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchased gas

 

 

1

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

1

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

1

 

Interest and related

    charges

 

 

—

 

 

 

 

 

60

 

 

 

 

 

—

 

 

 

 

 

60

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

60

 

           Other income

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(23

)

 

 

 

 

111

 

 

 

 

 

—

 

 

 

 

 

88

 

Total

 

 

1

 

 

 

 

 

60

 

 

 

 

 

—

 

 

 

 

 

61

 

 

 

 

 

(23

)

 

 

 

 

111

 

 

 

 

 

—

 

 

 

 

 

149

 

Income tax expense

 

 

—

 

 

 

 

 

(15

)

 

 

 

 

—

 

 

 

 

 

(15

)

 

 

 

 

5

 

 

 

 

 

(29

)

 

 

 

 

—

 

 

 

 

 

(39

)

Total, net of tax

 

 

1

 

 

 

 

 

45

 

 

 

 

 

—

 

 

 

 

 

46

 

 

 

 

 

(18

)

 

 

 

 

82

 

 

 

 

 

—

 

 

 

 

 

110

 

Net current period other comprehensive income (loss)

 

 

1

 

 

 

 

 

60

 

 

 

 

 

—

 

 

 

 

 

61

 

 

 

 

 

(25

)

 

 

 

 

226

 

 

 

 

 

(3

)

 

 

 

 

259

 

Ending balance

 

$

—

 

 

 

 

$

(358

)

 

 

 

$

—

 

 

 

 

$

(358

)

 

 

 

$

37

 

 

 

 

$

(1,133

)

 

 

 

$

(4

)

 

 

 

$

(1,458

)

Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

16

 

 

 

 

$

(426

)

 

 

 

$

3

 

 

 

 

$

(407

)

 

 

 

$

37

 

 

 

 

$

(1,421

)

 

 

 

$

(2

)

 

 

 

$

(1,793

)

Other comprehensive income

    before reclassifications:

    gains (losses)

 

 

—

 

 

 

 

 

(231

)

 

 

 

 

(8

)

 

 

 

 

(239

)

 

 

 

 

43

 

 

 

 

 

25

 

 

 

 

 

1

 

 

 

 

 

(170

)

Amounts reclassified from

    AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenue

 

 

(25

)

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(25

)

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(25

)

Purchased gas

 

 

4

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

4

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

4

 

Discontinued operations

 

 

(2

)

 

 

 

 

236

 

 

 

 

 

6

 

 

 

 

 

240

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

240

 

Interest and related

    charges

 

 

—

 

 

 

 

 

83

 

 

 

 

 

—

 

 

 

 

 

83

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

83

 

Other income

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(24

)

 

 

 

 

50

 

 

 

 

 

—

 

 

 

 

 

26

 

Total

 

 

(23

)

 

 

 

 

319

 

 

 

 

 

6

 

 

 

 

 

302

 

 

 

 

 

(24

)

 

 

 

 

50

 

 

 

 

 

—

 

 

 

 

 

328

 

Income tax expense

 

 

6

 

 

 

 

 

(80

)

 

 

 

 

(1

)

 

 

 

 

(75

)

 

 

 

 

6

 

 

 

 

 

(13

)

 

 

 

 

—

 

 

 

 

 

(82

)

Total, net of tax

 

 

(17

)

 

 

 

 

239

 

 

 

 

 

5

 

 

 

 

 

227

 

 

 

 

 

(18

)

 

 

 

 

37

 

 

 

 

 

—

 

 

 

 

 

246

 

Net current period other comprehensive income (loss)

 

 

(17

)

 

 

 

 

8

 

 

 

 

 

(3

)

 

 

 

 

(12

)

 

 

 

 

25

 

 

 

 

 

62

 

 

 

 

 

1

 

 

 

 

 

76

 

Ending balance

 

$

(1

)

 

 

 

$

(418

)

 

 

 

$

—

 

 

 

 

$

(419

)

 

 

 

$

62

 

 

 

 

$

(1,359

)

 

 

 

$

(1

)

 

 

 

$

(1,717

)

(1)

Net of $119 million and $141 million tax at December 31, 2021 and 2020, respectively.

(2)

Net of $(10) million and $(21) million tax at December 31, 2021 and 2020, respectively.

(3)

Net of $396 million and $478 million tax at December 31, 2021 and 2020, respectively.

(4)

Net of $1 million and $— million tax at December 31, 2021 and 2020, respectively.

 
Summary of Restricted Stock Activity The following table provides a summary of restricted stock activity for the years ended December 31, 2021, 2020 and 2019:

 

 

 

Shares

 

 

Weighted - average Grant Date Fair Value

 

 

 

(thousands)

 

 

 

 

 

Nonvested at December 31, 2018

 

 

1,208

 

 

$

73.03

 

Granted

 

 

614

 

 

 

76.49

 

Vested

 

 

(324

)

 

 

71.75

 

Cancelled and forfeited

 

 

(96

)

 

 

77.16

 

Nonvested at December 31, 2019

 

 

1,402

 

 

$

74.77

 

Granted

 

 

531

 

 

 

81.74

 

Vested

 

 

(424

)

 

 

74.39

 

Cancelled and forfeited

 

 

(99

)

 

 

81.59

 

Nonvested at December 31, 2020

 

 

1,410

 

 

$

77.41

 

Granted

 

 

518

 

 

 

71.78

 

Vested

 

 

(505

)

 

 

73.54

 

Cancelled and forfeited

 

 

(113

)

 

 

75.57

 

Nonvested at December 31, 2021

 

 

1,310

 

 

$

76.65

 

 
Virginia Electric and Power Company  
Schedule of Changes in AOCI Net of Tax and Reclassifications out of AOCI by Component The following table presents Virginia Power’s changes in AOCI (net of tax) and reclassification out of AOCI by component:

 

 

 

Interest Rate

 

 

 

 

Total Derivative-Hedging Activities(1)

 

 

 

 

Investment

Securities(2)

 

 

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(60

)

 

 

 

$

(60

)

 

 

 

$

8

 

 

 

 

$

(52

)

Other comprehensive income before

    reclassifications: gains (losses)

 

 

13

 

 

 

 

 

13

 

 

 

 

 

(2

)

 

 

 

 

11

 

Amounts reclassified from AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

           Interest and related charges

 

 

3

 

 

 

 

 

3

 

 

 

 

 

—

 

 

 

 

 

3

 

           Other income

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(3

)

 

 

 

 

(3

)

Total

 

 

3

 

 

 

 

 

3

 

 

 

 

 

(3

)

 

 

 

 

—

 

Income tax expense

 

 

(1

)

 

 

 

 

(1

)

 

 

 

 

1

 

 

 

 

 

—

 

Total, net of tax

 

 

2

 

 

 

 

 

2

 

 

 

 

 

(2

)

 

 

 

 

—

 

Net current period other comprehensive income (loss)

 

 

15

 

 

 

 

 

15

 

 

 

 

 

(4

)

 

 

 

 

11

 

Ending balance

 

$

(45

)

 

 

 

$

(45

)

 

 

 

$

4

 

 

 

 

$

(41

)

Year Ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(34

)

 

 

 

$

(34

)

 

 

 

$

5

 

 

 

 

$

(29

)

Other comprehensive income before

    reclassifications: gains (losses)

 

 

(28

)

 

 

 

 

(28

)

 

 

 

 

6

 

 

 

 

 

(22

)

Amounts reclassified from AOCI: (gains) losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

           Interest and related charges

 

 

2

 

 

 

 

 

2

 

 

 

 

 

—

 

 

 

 

 

2

 

           Other income

 

 

—

 

 

 

 

 

—

 

 

 

 

 

(4

)

 

 

 

 

(4

)

Total

 

 

2

 

 

 

 

 

2

 

 

 

 

 

(4

)

 

 

 

 

(2

)

Income tax expense

 

 

—

 

 

 

 

 

—

 

 

 

 

 

1

 

 

 

 

 

1

 

Total, net of tax

 

 

2

 

 

 

 

 

2

 

 

 

 

 

(3

)

 

 

 

 

(1

)

Net current period other comprehensive income (loss)

 

 

(26

)

 

 

 

 

(26

)

 

 

 

 

3

 

 

 

 

 

(23

)

Ending balance

 

$

(60

)

 

 

 

$

(60

)

 

 

 

$

8

 

 

 

 

$

(52

)

(1)

 Net of $16 million and $21 million tax at December 31, 2021 and 2020, respectively.

(2)

Net of $(2) million and $(3) million tax at December 31, 2021 and 2020, respectively.