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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Revenue [1] $ 3,466 $ 3,384
Operating Expenses    
Electric fuel and other energy-related purchases 744 575
Purchased (excess) electric capacity 14 (17)
Purchased gas 340 305
Other operations and maintenance 796 784
Depreciation, depletion and amortization 498 469
Other taxes 199 189
Total operating expenses 2,591 2,305
Income from operations 875 1,079
Other income 100 162
Interest and related charges 314 292
Income from operations including noncontrolling interests before income tax expense 661 949
Income tax expense 135 275
Net Income Including Noncontrolling Interests 526 674
Noncontrolling Interests 23 42
Net Income Attributable to Dominion Energy $ 503 $ 632
Earnings Per Common Share    
Net income attributable to Dominion Energy - Basic $ 0.77 $ 1.01
Net income attributable to Dominion Energy - Diluted 0.77 1.01
Dividends Declared Per Common Share $ 0.835 $ 0.755
Virginia Electric and Power Company    
Operating Revenue [2] $ 1,748 $ 1,831
Operating Expenses    
Electric fuel and other energy-related purchases [2] 591 456
Purchased (excess) electric capacity 14 (17)
Affiliated suppliers 83 78
Other 316 296
Depreciation, depletion and amortization 297 286
Other taxes 83 79
Total operating expenses 1,384 1,178
Income from operations 364 653
Other income 3 31
Interest and related charges [2] 132 120
Income from operations including noncontrolling interests before income tax expense 235 564
Income tax expense 51 208
Net Income Attributable to Dominion Energy 184 356
Dominion Energy Gas Holdings, LLC    
Operating Revenue [3] 526 490
Operating Expenses    
Purchased gas [3] 29 43
Other energy-related purchases 31 5
Affiliated suppliers 23 25
Other 123 153
Depreciation, depletion and amortization 59 54
Other taxes 60 54
Total operating expenses 325 334
Income from operations 201 156
Earnings from equity method investee 9 7
Other income 33 25
Interest and related charges [3] 25 23
Income from operations including noncontrolling interests before income tax expense 218 165
Income tax expense 52 57
Net Income Attributable to Dominion Energy $ 166 $ 108
[1] See Note 10 for amounts attributable to related parties.
[2] See Note 18 for amounts attributable to affiliates.
[3] See Note 18 for amounts attributable to related parties.