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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Revenue $ 3,596 $ 3,038 $ 7,875 $ 6,908
Operating Expenses        
Electric fuel and other energy-related purchases 730 487 1,408 1,037
Purchased electric capacity 16 25 29 36
Purchased gas 202 121 847 605
Other operations and maintenance 985 895 2,039 1,881
Depreciation, depletion and amortization 695 604 1,393 1,212
Other taxes 235 222 488 479
Impairment of assets and other charges 415 321 405 416
Losses (gains) on sales of assets 636   608 1
Total operating expenses 3,914 2,675 7,217 5,667
Income (loss) from operations (318) 363 658 1,241
Earnings from equity method investees 83 65 163 145
Other income (expense) (287) 312 (241) 599
Interest and related charges 47 518 221 571
Income (loss) from continuing operations including noncontrolling interests before income tax expense (benefit) (569) 222 359 1,414
Income tax expense (benefit) (117) (47) 119 165
Net Income (Loss) From Continuing Operations (452) 269 240 1,249
Net Income (Loss) From Discontinued Operations [1] (1) 26 18 54
Net Income (Loss) Including Noncontrolling Interests (453) 295 258 1,303
Noncontrolling Interests   10   10
Net Income (Loss) (453) 285 258 1,293
Amounts attributable to Dominion Energy        
Net income (loss) from continuing operations (452) 259 240 1,239
Net income (loss) from discontinued operations $ (1) $ 26 $ 18 $ 54
EPS - Basic        
Net income (loss) from continuing operations $ (0.58) $ 0.30 $ 0.23 $ 1.49
Net income (loss) from discontinued operations   0.03 0.02 0.07
Net income (loss) attributable to Dominion Energy (0.58) 0.33 0.25 1.56
EPS - Diluted        
Net income (loss) from continuing operations (0.58) 0.30 0.23 1.49
Net income (loss) from discontinued operations   0.03 0.02 0.07
Net income (loss) attributable to Dominion Energy $ (0.58) $ 0.33 $ 0.25 $ 1.56
Virginia Electric and Power Company        
Operating Revenue [2] $ 2,175 $ 1,741 $ 4,342 $ 3,571
Operating Expenses        
Electric fuel and other energy-related purchases [2] 533 349 1,049 755
Purchased electric capacity 11 4 22 1
Affiliated suppliers 84 78 175 165
Other operations and maintenance 394 321 873 747
Depreciation, depletion and amortization 425 323 854 647
Other taxes 83 83 158 176
Impairment of assets and other charges 409 12 413 (39)
Total operating expenses 1,939 1,170 3,544 2,452
Income (loss) from operations 236 571 798 1,119
Other income (expense) (44) 40 (40) 72
Interest and related charges [2] 145 128 293 264
Income before income tax expense 47 483 465 927
Income tax expense (benefit)   69 61 139
Net Income (Loss) $ 47 $ 414 $ 404 $ 788
[1]

Includes income tax expense (benefit) of $(2) million and $4 million for the three months ended June 30, 2022 and 2021, respectively, and $4 million and $11 million for the six months ended June 30, 2022 and 2021, respectively.

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