Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2025

Accounting Policies [Abstract]

Reconciliation of Total Cash, Restricted Cash and Equivalents

The following table provides a reconciliation of the total cash, restricted cash and equivalents reported within the Companies’ Consolidated Balance Sheets to the corresponding amounts reported within the Companies’ Consolidated Statements of Cash Flows for the three months ended March 31, 2025 and 2024:

	Cash, Restricted Cash and Equivalents at End of Period				Cash, Restricted Cash and Equivalents at Beginning of Period
	March 31, 2025		March 31, 2024		December 31, 2024		December 31, 2023
(millions)
Dominion Energy
Cash and cash equivalents(1)	$	355	$	306	$	310	$	217
Restricted cash and    equivalents(2)(3)(4)		122		30		55		84
Cash, restricted cash and    equivalents shown in the    Consolidated Statements    of Cash Flows	$	477	$	336	$	365	$	301
Virginia Power
Cash and cash equivalents	$	180	$	119	$	160	$	90
Restricted cash and    equivalents(3)(4)		114		6		46		—
Cash, restricted cash and    equivalents shown in the    Consolidated Statements    of Cash Flows	$	294	$	125	$	206	$	90

(1)At March 31, 2024 and December 31, 2023, Dominion Energy had $41 million and $33 million, respectively, of cash and cash equivalents included in assets held for sale.

(2)At both March 31, 2024 and December 31, 2023, Dominion Energy had $4 million of restricted cash and equivalents included in current assets held for sale with the remaining balances presented within other assets in Dominion Energy’s Consolidated Balance Sheets.

(3)Includes $108 million, $41 million and $6 million at VPFS attributable to VIEs at March 31, 2025, December 31, 2024 and March 31, 2024, respectively.

(4)Unless otherwise noted, restricted cash and equivalents balances are presented within other current assets in the Companies’ Consolidated Balance Sheets.

Schedule of Supplemental Cash Flow Information

The following table provides supplemental disclosure of cash flow information related to Dominion Energy:

Three Months Ended March 31,	2025		2024
(millions)
Significant noncash investing    and financing activities:(1)
Accrued capital expenditures	$	1,037	$	753
Leases(2)		68		161

(1)See Note 3 for noncash financing activities related to debt assumed with the closing of the East Ohio Transaction.

(2)Includes $11 million and $26 million of financing leases at March 31, 2025 and 2024, respectively, and $57 million and $135 million of operating leases at March 31, 2025 and 2024, respectively.

The following table provides supplemental disclosure of cash flow information related to Virginia Power:

Three Months Ended March 31,	2025		2024
(millions)
Significant noncash investing    and financing activities:
Accrued capital expenditures	$	851	$	566
Leases(1)		50		142

(1)Includes $9 million and $22 million of financing leases at March 31, 2025 and 2024, respectively, and $41 million and $120 million of operating leases at March 31, 2025 and 2024, respectively.