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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2012
Stockholders' Equity Note [Abstract]  
Accumulated other comprehensive income (loss)
Presented in the table below is a summary of AOCI by component:
 
At December 31,
2012

2011

(millions)
 
 
Dominion
 
 
Net unrealized losses on derivatives-hedging activities, net of tax of $87 and $48
$
(122
)
$
(54
)
Net unrealized gains on nuclear decommissioning trust funds, net of tax of $(206) and $(154)
326

243

Net unrecognized pension and other postretirement benefit costs, net of tax of $745 and $568
(1,081
)
(799
)
Total AOCI
$
(877
)
$
(610
)
 
 
 
Virginia Power
 

 

Net unrealized losses on derivatives-hedging activities, net of tax of $3 and $2
$
(6
)
$
(3
)
Net unrealized gains on nuclear decommissioning trust funds, net of tax of $(19) and $(14)
31

22

Total AOCI
$
25

$
19

Summary of changes in amounts of stock options outstanding
The following table provides a summary of changes in amounts of stock options outstanding as of and for the years ended December 31, 2012, 2011 and 2010. No options were granted under any plan in 2012, 2011 or 2010.
 
 
Shares

Weighted -
average
Exercise Price

Weighted -
average
Remaining
Contractual
Life

Aggregated
Intrinsic
Value(1)

 
(thousands)

 

(years)

(millions)

Outstanding and exercisable at December 31, 2009
3,822

$
31.25

 
29

Exercised
(1,983
)
$
30.81

 

$
22

Forfeited/expired
(29
)
$
29.84

 
 
Outstanding and exercisable at December 31, 2010
1,810

$
31.76

 
$
20

Exercised
(1,174
)
$
32.46

 

$
17

Forfeited/expired
(8
)
$
31.57

 
 
Outstanding and exercisable at December 31, 2011
628

$
30.81



$
14

Exercised
(622
)
$
30.79

 

$
13

Forfeited/expired
(6
)
$
32.26

 
 
Outstanding and exercisable at December 31, 2012

$


$


(1)
Intrinsic value represents the difference between the exercise price of the option and the market value of Dominion's stock.
Summary of restricted stock activity
The following table provides a summary of restricted stock activity for the years ended December 31, 2012, 2011 and 2010:

 
 
Shares

Weighted
- average
Grant Date
Fair Value

 
(thousands)

 
Nonvested at December 31, 2009
1,484

$
39.88

Granted
463

38.80

Vested
(618
)
43.54

Cancelled and forfeited
(39
)
36.92

Converted from goal-based stock to restricted stock
186

40.84

Nonvested at December 31, 2010
1,476

$
38.20

Granted
299

43.68

Vested
(617
)
40.72

Cancelled and forfeited
(25
)
36.29

Converted from goal-based stock to restricted stock
168

30.99

Nonvested at December 31, 2011
1,301

$
37.37

Granted
390

51.14

Vested
(596
)
33.31

Cancelled and forfeited
(10
)
42.99

Nonvested at December 31, 2012
1,085

$
44.46

Summary of restricted stock and goal-based stock activity
The following table provides a summary of goal-based stock activity for the years ended December 31, 2012, 2011 and 2010:
 
 
Targeted
Number of
Shares

Weighted
- average
Grant
Date Fair
Value

 
(thousands)

 
Nonvested at December 31, 2009
323

$
36.12

Granted
9

37.46

Vested
(16
)
39.31

Cancelled and forfeited
(8
)
30.99

Converted from goal-based stock to restricted stock
(147
)
40.84

Nonvested at December 31, 2010
161

$
31.79

Granted
3

43.54

Vested
(20
)
34.62

Converted from goal-based stock to restricted stock
(132
)
30.99

Nonvested at December 31, 2011
12

$
39.19

Granted
1

52.48

Vested
(9
)
37.46

Nonvested at December 31, 2012
4

$
45.60