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Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2022
Compensation And Retirement Disclosure [Abstract]  
Net Periodic Benefit Cost (Credit)

The service cost component of net periodic benefit (credit) cost is reflected in other operations and maintenance expense in Dominion Energy’s Consolidated Statements of Income. The non-service cost components of net periodic benefit (credit) cost are reflected in other income in Dominion Energy’s Consolidated Statements of Income. The components of Dominion Energy’s provision for net periodic benefit cost (credit) are as follows:

 

 

Pension Benefits

 

 

Other Postretirement Benefits

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

36

 

 

$

42

 

 

$

6

 

 

$

6

 

Interest cost

 

 

83

 

 

 

79

 

 

 

11

 

 

 

12

 

Expected return on plan assets

 

 

(223

)

 

 

(208

)

 

 

(48

)

 

 

(44

)

Amortization of prior service (credit) cost

 

 

 

 

 

 

 

 

(10

)

 

 

(10

)

Amortization of net actuarial loss

 

 

40

 

 

 

48

 

 

 

 

 

 

1

 

Settlements

 

 

 

 

 

(2

)

 

 

 

 

 

 

Net periodic benefit (credit) cost

 

$

(64

)

 

$

(41

)

 

$

(41

)

 

$

(35

)