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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenue $ 4,386 $ 3,176 $ 12,261 $ 10,084
Operating Expenses        
Electric fuel and other energy-related purchases 1,217 703 2,625 1,740
Purchased electric capacity 16 26 45 62
Purchased gas 138 60 985 665
Other operations and maintenance 991 927 3,030 2,808
Depreciation, depletion and amortization 727 621 2,120 1,833
Other taxes 231 223 719 702
Impairment of assets and other charges (benefits) 21 (222) 426 194
Losses (gains) on sales of assets (27) (3) 581 (2)
Total operating expenses 3,314 2,335 10,531 8,002
Income from operations 1,072 841 1,730 2,082
Earnings from equity method investees 92 69 255 214
Other income (expense) 70 133 (171) 732
Interest and related charges 329 407 550 978
Income from continuing operations including noncontrolling interests before income tax expense 905 636 1,264 2,050
Income tax expense 124 35 243 200
Net Income From Continuing Operations 781 601 1,021 1,850
Net Income (Loss) From Discontinued Operations [1] (3) 65 15 119
Net Income Including Noncontrolling Interests 778 666 1,036 1,969
Noncontrolling Interests   12   22
Net Income (Loss) 778 654 1,036 1,947
Amounts attributable to Dominion Energy        
Net income from continuing operations 781 589 1,021 1,828
Net income (loss) from discontinued operations $ (3) $ 65 $ 15 $ 119
EPS - Basic        
Net income from continuing operations $ 0.91 $ 0.71 $ 1.16 $ 2.20
Net income (loss) from discontinued operations   0.08 0.02 0.15
Net income attributable to Dominion Energy 0.91 0.79 1.18 2.35
EPS - Diluted        
Net income from continuing operations 0.91 0.71 1.15 2.20
Net income (loss) from discontinued operations   0.08 0.02 0.15
Net income attributable to Dominion Energy $ 0.91 $ 0.79 $ 1.17 $ 2.35
Virginia Electric and Power Company        
Operating Revenue [2] $ 2,875 $ 1,976 $ 7,217 $ 5,547
Operating Expenses        
Electric fuel and other energy-related purchases [2] 981 515 2,030 1,270
Purchased electric capacity 11 15 33 16
Affiliated suppliers 81 77 256 242
Other operations and maintenance 450 393 1,323 1,140
Depreciation, depletion and amortization 451 343 1,305 990
Other taxes 80 86 238 262
Impairment of assets and other charges (benefits) 19 (230) 432 (269)
Total operating expenses 2,073 1,199 5,617 3,651
Income from operations 802 777 1,600 1,896
Other income (expense) 3 21 (37) 93
Interest and related charges [2] 168 136 461 400
Income before income tax expense 637 662 1,102 1,589
Income tax expense 66 106 127 245
Net Income (Loss) $ 571 $ 556 $ 975 $ 1,344
[1]

Includes income tax expense (benefit) of $(6) million for the three months ended September 30, 2021 and $4 million and $5 million for the nine months ended September 30, 2022 and 2021, respectively. There were no such amounts recorded during the three months ended September 30, 2022.

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