XML 62 R49.htm IDEA: XBRL DOCUMENT v3.22.2
Employee Benefit Plans (Tables)
6 Months Ended
Jun. 30, 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 (expense) 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 June 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

35

 

 

$

42

 

 

$

5

 

 

$

6

 

Interest cost

 

 

84

 

 

 

79

 

 

 

12

 

 

 

12

 

Expected return on plan assets

 

 

(223

)

 

 

(208

)

 

 

(48

)

 

 

(43

)

Amortization of prior service cost (credit)

 

 

 

 

 

 

 

 

(9

)

 

 

(11

)

Amortization of net actuarial loss

 

 

40

 

 

 

49

 

 

 

(1

)

 

 

1

 

Settlements (1)

 

 

 

 

 

7

 

 

 

 

 

 

 

Net periodic benefit (credit) cost

 

$

(64

)

 

$

(31

)

 

$

(41

)

 

$

(35

)

Six Months Ended June 30,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

71

 

 

$

84

 

 

$

11

 

 

$

12

 

Interest cost

 

 

167

 

 

 

158

 

 

 

23

 

 

 

24

 

Expected return on plan assets

 

 

(446

)

 

 

(416

)

 

 

(96

)

 

 

(87

)

Amortization of prior service (credit) cost

 

 

 

 

 

 

 

 

(19

)

 

 

(21

)

Amortization of net actuarial loss

 

 

80

 

 

 

97

 

 

 

(1

)

 

 

2

 

Settlements (1)

 

 

 

 

 

5

 

 

 

 

 

 

 

Net periodic benefit (credit) cost

 

$

(128

)

 

$

(72

)

 

$

(82

)

 

$

(70

)

 

(1)   2021 amounts relate primarily to the Dominion Energy executive nonqualified pension plan.