Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Reconciliation of Total Cash, Restricted Cash and Equivalents

The following table provides a reconciliation of the total cash, restricted cash and equivalents reported within the Companies’ Consolidated Balance Sheets to the corresponding amounts reported within the Companies’ Consolidated Statements of Cash Flows for the six months ended June 30, 2022 and 2021:

	Cash, Restricted Cash and Equivalents at End of Period				Cash, Restricted Cash and Equivalents at Beginning of Period
	June 30, 2022		June 30, 2021		December 31, 2021		December 31, 2020
(millions)
Dominion Energy
Cash and cash equivalents(1)	$	273	$	259	$	283	$	179
Restricted cash and equivalents(2)(3)		134		45		125		68
Cash, restricted cash and equivalents shown in the    Consolidated Statements of Cash Flows	$	407	$	304	$	408	$	247
Virginia Power
Cash and cash equivalents	$	56	$	49	$	26	$	35
Restricted cash and equivalents(3)		2		—		—		—
Cash, restricted cash and equivalents shown in the    Consolidated Statements of Cash Flows	$	58	$	49	$	26	$	35

(1) At June 30, 2022, June 30, 2021 and December 31, 2020, Dominion Energy had $1 million, $19 million and $7 million of cash and cash equivalents included in current assets held for sale, respectively. No amounts were included in current assets held for sale at December 31, 2021.

(2) At both June 30, 2021 and December 31, 2020, Dominion Energy had $3 million of restricted cash and equivalents included in current assets held for sale. No amounts were included in current assets held for sale at June 30, 2022 and December 31, 2021.

(3) Restricted cash and equivalent balances are presented within other current assets in the Companies’ Consolidated Balance Sheets.

Schedule of Supplemental Cash Flow Information

The following table provides supplemental disclosure of cash flow information related to Dominion Energy:

	Six Months Ended June 30,
	2022		2021
(millions)
Significant noncash investing and financing activities:(1)
Accrued capital expenditures	$	512	$	327
Accrued contributions to equity method affiliates		—		20
Leases(2)		57		29

(1) See Note 16 for noncash financing activities related to the remarketing of Series A Preferred Stock and the issuance of common stock associated with the settlement of litigation.

(2) Includes $19 million and $22 million of financing leases at June 30, 2022 and 2021, respectively, and $38 million and $7 million of operating leases at June 30, 2022 and 2021, respectively.

The following table provides supplemental disclosure of cash flow information related to Virginia Power:

	Six Months Ended June 30,
	2022		2021
(millions)
Significant noncash investing and financing activities:
Accrued capital expenditures	$	240	$	207
Leases(1)		47		17

Includes $14 million and $17 million of financing leases at June 30, 2022 and 2021, respectively, and $33 million of operating leases at June 30, 2022