Acquisitions and Dispositions (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2024									Six Months Ended June 30, 2024
		PSNC Transaction		Questar Gas Transaction(1)			Other			East Ohio Transaction(1)			PSNC Transaction		Questar Gas Transaction(1)		Other
(millions)
Operating revenue		$	109	$	199		$	—		$	229		$	407	$	894	$	—
Operating expense(2)			63		171			(9	)		254			221		746		(8	)
Other income (expense)			3		1			—			(17	)		6		2		—
Interest and related charges			14		9			—			15			28		25		—
Income (loss) before income taxes			35		20			9			(57	)		164		125		8
Income tax expense (benefit)			22		(36	)		—			9			53		46		—
Net income (loss) attributable to Dominion Energy(3)		$	13	$	56		$	9		$	(66	)	$	111	$	79	$	8

(1)Represents amounts attributable to Dominion Energy prior to the closing of the East Ohio Transaction which closed on March 6, 2024 and the Questar Gas Transaction which closed on May 31, 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 $(4) million and $(73) million of income tax expense (benefit) attributable to consolidated state adjustments for the three and six months ended June 30, 2024, respectively.

	Three Months Ended June 30, 2023									Six Months Ended June 30, 2023
	East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other			East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other
(millions)
Operating revenue	$	235	$	120	$	271	$	2		$	547	$	446	$	1,001	$	3
Operating expense		153		98		233		19			369		306		812		22
Other income (expense)		7		3		2		—			15		5		3		—
Interest and related charges		17		12		17		1			32		25		33		1
Income (loss) before income taxes		72		13		23		(18	)		161		120		159		(20	)
Income tax expense (benefit)		6		2		3		(4	)		19		26		32		(5	)
Net income (loss) attributable to Dominion Energy(1)	$	66	$	11	$	20	$	(14	)	$	142	$	94	$	127	$	(15	)

(1)Excludes $5 million and $(4) million of income tax expense (benefit) attributable to consolidated state and interim period tax allocation adjustments for the three and six months ended June 30, 2023, respectively.

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 June 30, 2024		At December 31, 2023
	PSNC Transaction		East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other
(millions)
Current assets(1)	$	213	$	497	$	336	$	764	$	1
Property, plant and equipment, net		3,004		5,443		2,806		4,369		26
Other deferred charges and other assets,    including goodwill(2) and intangible assets		827		2,659		834		766		—
Current liabilities(3)		172		560		224		389		7
Long-term debt(4)		948		2,286		948		1,205		—
Other deferred credits and liabilities(5)		710		1,437		711		1,116		2

(1)Includes cash and cash equivalents of $1 million and $2 million within the PSNC Transaction at June 30, 2024 and December 31, 2023, respectively. Also includes regulatory assets of $81 million and $89 million within the PSNC Transaction at June 30, 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 and cash and cash equivalents of $26 million and regulatory assets of $297 million within the Questar Gas Transaction at December 31, 2023.

(2)Includes goodwill of $673 million at both June 30, 2024 and December 31, 2023 within the PSNC Transaction. Also includes regulatory assets of $81 million and $86 million within the PSNC Transaction at June 30, 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 and goodwill of $720 million and regulatory assets of $(39) million within the Questar Gas Transaction at December 31, 2023.

(3)Includes regulatory liabilities of $32 million and $44 million within the PSNC Transaction at June 30, 2024 and December 31, 2023, respectively. In addition, includes regulatory liabilities of $54 million within the East Ohio Transaction and $55 million within the Questar Gas Transaction at December 31, 2023.

(4)Excludes PSNC’s issuance in July 2024 through private placement of $150 million of 5.65% senior notes and $150 million of 6.04% senior notes that mature in 2034 and 2054, respectively.

(5)Includes regulatory liabilities of $427 million and $435 million within the PSNC Transaction at June 30, 2024 and December 31, 2023, respectively. In addition includes regulatory liabilities of $711 million within the East Ohio Transaction and $502 million within the Questar Gas 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:

	Six Months Ended June 30, 2024								Six Months Ended June 30, 2023
	East Ohio Transaction(1)		PSNC Transaction		Questar Gas Transaction(1)		Other		East Ohio Transaction		PSNC Transaction		Questar Gas Transaction		Other
(millions)
Capital expenditures	$	65	$	189	$	160	$	—	$	215	$	99	$	177	$	—
Significant noncash items
Depreciation, depletion    and amortization		—		—		—		—		71		44		86		2
Accrued capital expenditures				57						48		19		32		—

(1)Represents amounts attributable to Dominion Energy prior to the closing of the East Ohio Transaction which closed on March 6, 2024 and the Questar Gas Transaction which closed on May 31, 2024, respectively.