Operating Segments

3 Months Ended

Mar. 31, 2020

11. OPERATING SEGMENTS

In December 2019, DESC realigned its segments which resulted in the formation of a single primary operating segment. The historical information presented herein has been recast to reflect the current segment presentation.

The Corporate and Other segment includes specific items attributable to its operating segment that are not included in profit measures evaluated by executive management in assessing the segment’s performance or in allocating resources.

In the three months ended March 31, 2020, DESC reported an immaterial amount of specific items in the Corporate and Other segment. In the three months ended March 31, 2019, DESC reported after-tax net expenses of $1.2 billion for specific items in the Corporate and Other segment, all of which were attributable to its operating segment.

The net expense for specific items attributable to DESC’s operating segment in 2019 primarily related to the impact of the following items:

•	A $1.0 billion ($756 million after-tax) charge for refunds of amounts previously collected from retail electric customers for the NND Project;

•	A $198 million tax charge for $264 million of income tax-related regulatory assets for which DESC committed to forgo recovery;

•	A $166 million ($125 million after-tax) of charges associated with litigation;

•	A $105 million ($79 million after-tax) charge for utility plant primarily for which DESC committed to forgo recovery; and

•	$40 million tax charges for changes in unrecognized tax benefits.

(millions)	External Revenue			Comprehensive Income (Loss) Available (Attributable) to Common Shareholder
Three Months Ended March 31, 2020
Dominion Energy South Carolina	$	672		$	89
Corporate and Other		—			(1	)
Consolidated Total	$	672		$	88

Three Months Ended March 31, 2019
Dominion Energy South Carolina	$	674		$	64
Corporate and Other		(1,009	)		(1,173	)
Consolidated Total	$	(335	)	$	(1,109	)