XML 19 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 1,792 $ 153 [1]
Customer receivables (less allowance for doubtful accounts) 2,437 2,952 [1]
Other receivables (less allowance for doubtful accounts) 398 405 [1]
Inventories 1,746 1,729 [1]
Derivative assets 264 1,137 [1]
Margin deposit assets 193 480 [1]
Regulatory assets 2,156 2,340 [1]
Other 619 654 [1]
Total current assets 9,605 9,850 [1]
Investments    
Nuclear decommissioning trust funds 6,262 5,957 [1]
Investment in equity method affiliates 3,014 3,012 [1]
Other 388 390 [1]
Total investments 9,664 9,359 [1]
Property, Plant and Equipment    
Property, plant and equipment 92,748 91,202 [1]
Accumulated depreciation, depletion and amortization (28,123) (27,742) [1]
Total property, plant and equipment, net 64,625 63,460 [1]
Deferred Charges and Other Assets    
Goodwill 7,295 7,295 [1]
Regulatory assets 8,951 9,087 [1]
Other 5,185 5,192 [1]
Total deferred charges and other assets 21,431 21,574 [1]
Total assets 105,325 104,243 [1]
Current Liabilities    
Securities due within one year 4,352 3,341 [1]
Short-term debt 3,546 3,423 [1]
Accounts payable 1,125 1,825 [1]
Accrued interest, payroll and taxes 1,037 1,199 [1]
Derivative liabilities 371 778 [1]
Regulatory liabilities 651 946 [1]
Other [2] 1,680 1,938 [1]
Total current liabilities 12,762 13,450 [1]
Long-Term Debt    
Long-term debt 37,624 36,832 [1]
Junior subordinated notes 1,387 1,387 [1]
Supplemental credit facility borrowings 900 450 [1]
Other 247 245 [1]
Total long-term debt 40,158 38,914 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 6,908 6,698 [1]
Regulatory liabilities 10,092 10,107 [1]
Other 7,049 7,193 [1]
Total deferred credits and other liabilities 24,049 23,998 [1]
Total liabilities 76,969 76,362 [1]
Commitments and Contingencies (see Note 17)
Shareholders' Equity    
Preferred stock (see Note 16) 1,783 1,783 [1]
Common stock - no par [3] 23,652 23,605 [1]
Retained earnings 4,486 4,065 [1]
Accumulated other comprehensive loss (1,565) (1,572) [1]
Shareholders' equity 28,356 27,881 [1]
Noncontrolling interests 0 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Total 28,356 27,881 [1]
Total liabilities and shareholders' equity 105,325 104,243 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 21 22 [4]
Customer receivables (less allowance for doubtful accounts) 1,227 1,578 [4]
Other receivables (less allowance for doubtful accounts) 196 204 [4]
Affiliated receivables 7 7 [4]
Inventories 962 924 [4]
Derivative assets [5] 91 765 [4]
Margin deposit assets 54 310 [4]
Regulatory assets 820 1,140 [4]
Other 49 52 [4]
Total current assets 3,427 5,002 [4]
Investments    
Nuclear decommissioning trust funds 3,360 3,202 [4]
Other 3 3 [4]
Total investments 3,363 3,205 [4]
Property, Plant and Equipment    
Property, plant and equipment 55,800 54,697 [4]
Accumulated depreciation, depletion and amortization (16,466) (16,218) [4]
Total property, plant and equipment, net 39,334 38,479 [4]
Deferred Charges and Other Assets    
Regulatory assets 4,151 4,247 [4]
Other [5] 2,343 2,261 [4]
Total deferred charges and other assets 6,494 6,508 [4]
Total assets 52,618 53,194 [4]
Current Liabilities    
Securities due within one year 378 1,164 [4]
Short-term debt 1,010 941 [4]
Accounts payable 485 600 [4]
Payables to affiliates 203 255 [4]
Affiliated current borrowings 1,203 2,024 [4]
Accrued interest, payroll and taxes 344 270 [4]
Derivative liabilities [5] 152 298 [4]
Regulatory liabilities 309 506 [4]
Other 972 1,176 [4]
Total current liabilities 5,056 7,234 [4]
Long-Term Debt    
Long-term debt 16,050 14,916 [4]
Other 73 65 [4]
Total long-term debt 16,123 14,981 [4]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 3,463 3,452 [4]
Regulatory liabilities 5,557 5,499 [4]
Other [5] 4,826 4,783 [4]
Total deferred credits and other liabilities 13,846 13,734 [4]
Total liabilities 35,025 35,949 [4]
Commitments and Contingencies (see Note 17)
Shareholders' Equity    
Common stock - no par [6] 5,738 5,738 [4]
Other paid-in capital 1,113 1,113 [4]
Retained earnings 10,738 10,385 [4]
Accumulated other comprehensive loss 4 9 [4]
Shareholders' equity 17,593 17,245 [4]
Total liabilities and shareholders' equity $ 52,618 $ 53,194 [4]
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2022 has been derived from the audited Consolidated Balance Sheet at that date.
[2] See Note 10 for amounts attributable to related parties.
[3] 1.8 billion shares authorized; 836 million and 835 million shares outstanding at March 31, 2023 and December 31, 2022, respectively.
[4] Virginia Power’s Consolidated Balance Sheet at December 31, 2022 has been derived from the audited Consolidated Balance Sheet at that date.
[5] See Note 19 for amounts attributable to affiliates.
[6] 500,000 shares authorized; 274,723 shares outstanding at March 31, 2023 and December 31, 2022.