Acquisitions and Dispositions (Tables)

3 Months Ended

Mar. 31, 2024

Results of Operations Reported within Discontinued Operations

The following table represents selected information regarding the results of operations, which were reported within discontinued operations in Dominion Energy’s Consolidated Statements of Income:

	Three Months Ended March 31, 2024
	East Ohio Transaction(1)			PSNC Transaction		Questar Gas Transaction		Other
(millions)
Operating revenue	$	229		$	298	$	695	$	—
Operating expense(2)		254			158		575		1
Other income (expense)		(17	)		3		1		—
Interest and related charges		15			14		16		—
Income (loss) before income taxes		(57	)		129		105		(1	)
Income tax expense (benefit)		9			31		82		—
Net income (loss) attributable to Dominion Energy(3)	$	(66	)	$	98	$	23	$	(1	)

(1)Represents amounts attributable to Dominion Energy prior to the closing of the East Ohio Transaction which closed on March 6, 2024.

(2)East Ohio Transaction includes a charge of $45 million ($33 million after-tax) associated with an increase to certain pension retirement benefits attributable to a plan amendment and a contribution to the defined contribution employee savings plan. See Note 20 for further information on these transactions.

(3)Excludes $(69) million of income tax expense (benefit) attributable to consolidated state adjustments for the three months ended March 31, 2024.

	Three Months Ended March 31, 2023
	East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other
(millions)
Operating revenue	$	312	$	326	$	730	$	1
Operating expense		216		208		579		3
Other income (expense)		8		2		1		—
Interest and related charges		15		13		16		—
Income (loss) before income taxes		89		107		136		(2	)
Income tax expense (benefit)		13		24		29		(1	)
Net income (loss) attributable to Dominion Energy(1)	$	76	$	83	$	107	$	(1	)

(1)Excludes $(9) million of income tax expense (benefit) attributable to consolidated state and interim period tax allocation adjustments for three months ended March 31, 2023.

Schedule Of Major Classes Of Assets And Liabilities Relating To The Disposal Groups Reported As Held For Sale

The carrying value of major classes of assets and liabilities relating to the disposal groups, which are reported as held for sale in Dominion Energy’s Consolidated Balance Sheets were as follows:

	At March 31, 2024							At December 31, 2023
	PSNC Transaction		Questar Gas Transaction		Other			East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other
(millions)
Current assets(1)	$	266	$	505	$	(2	)	$	497	$	336	$	764	$	1
Property, plant and equipment, net		2,899		4,465		28			5,443		2,806		4,369		26
Other deferred charges and other    assets, including goodwill(2)     and intangible assets		823		666		(1	)		2,659		834		766		—
Current liabilities(3)		180		282		5			560		224		389		7
Long-term debt		948		1,205		—			2,286		948		1,205		—
Other deferred credits and    liabilities(4)		697		1,066		2			1,437		711		1,116		2

(1)Includes cash and cash equivalents of $1 million and $2 million within the PSNC Transaction and $39 million and $26 million within the Questar Gas Transaction at March 31, 2024 and December 31, 2023, respectively. Also includes regulatory assets of $68 million and $89 million within the PSNC Transaction and $53 million and $297 million within the Questar Gas Transaction at March 31, 2024 and December 31, 2023, respectively. In addition, includes cash and cash equivalents of $4 million and regulatory assets of $75 million within the East Ohio Transaction at December 31, 2023.

(2)Includes goodwill of $673 million at both March 31, 2024 and December 31, 2023 within the PSNC Transaction and $642 million and $720 million at March 31, 2024 and December 31, 2023, respectively within the Questar Gas Transaction. Also includes regulatory assets of $83 million and $86 million within the PSNC Transaction and $(44) million and $(39) million within the Questar Gas Transaction at March 31, 2024 and December 31, 2023, respectively. In addition, includes goodwill of $1.5 billion and regulatory assets of $781 million within the East Ohio Transaction at December 31, 2023.

(3)Includes regulatory liabilities of $42 million and $44 million within the PSNC Transaction and $56 million and $55 million within the Questar Gas Transaction at March 31, 2024 and December 31, 2023, respectively. In addition, includes regulatory liabilities of $54 million within the East Ohio Transaction at December 31, 2023.

(4)Includes regulatory liabilities of $430 million and $435 million within the PSNC Transaction and $498 million and $502 million within the Questar Gas Transaction at March 31, 2024 and December 31, 2023, respectively. In addition includes regulatory liabilities of $711 million within the East Ohio Transaction at December 31, 2023.

Capital Expenditures and Significant Noncash Items Relating to the Disposal Groups

Capital expenditures and significant noncash items relating to the disposal groups included the following:

	Three Months Ended March 31, 2024								Three Months Ended March 31, 2023
	East Ohio Transaction(1)		PSNC Transaction		Questar Gas Transaction		Other		East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other
(millions)
Capital expenditures	$	65	$	82	$	100	$	—	$	98	$	44	$	85	$	—
Significant noncash items
Depreciation, depletion    and amortization		—		—		—		—		35		22		44		1
Accrued capital expenditures				55		20		—		30		22		18		—

(1)Represents amounts attributable to Dominion Energy prior to the closing of the East Ohio Transaction which closed on March 6, 2024.