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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 190 $ 120 [1]
Customer receivables (less allowance for doubtful accounts) 1,510 1,660 [1]
Other receivables (less allowance for doubtful accounts) [2] 133 126 [1]
Inventories 1,429 1,477 [1]
Regulatory assets [3] 616 294 [1]
Other 732 657 [1]
Total current assets 4,610 4,334 [1]
Investments    
Nuclear decommissioning trust funds 5,159 5,093 [1]
Investment in equity method affiliates 1,710 1,544 [1]
Other 339 327 [1]
Total investments 7,208 6,964 [1]
Property, Plant and Equipment    
Property, plant and equipment 76,458 74,823 [1]
Accumulated depreciation, depletion and amortization (21,854) (21,065) [1]
Total property, plant and equipment, net 54,604 53,758 [1]
Deferred Charges and Other Assets    
Goodwill 6,405 6,405 [1]
Regulatory assets 2,395 2,480 [1]
Other 2,853 2,644 [1]
Total deferred charges and other assets 11,653 11,529 [1]
Total assets 78,075 76,585 [1]
Current Liabilities    
Securities due within one year 2,950 3,078 [1]
Short-term debt 2,745 3,298 [1]
Accounts payable 660 875 [1]
Regulatory liabilities [4] 424 193
Other [2] 2,563 2,385 [1]
Total current liabilities 8,918 9,636 [1]
Long-Term Debt    
Long-term debt 26,679 25,588 [1]
Junior subordinated notes 3,981 3,981 [1]
Remarketable subordinated notes 1,382 1,379 [1]
Credit facility borrowings 73  
Total long-term debt 32,115 30,948 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 4,844 4,523 [1]
Regulatory liabilities 7,065 6,916 [1]
Other [2] 5,097 5,192 [1]
Total deferred credits and other liabilities 17,006 16,631 [1]
Total liabilities 58,039 57,215 [1]
Commitments and Contingencies [1]
Equity    
Common stock – no par [5] 10,782 9,865 [1]
Retained earnings 8,820 7,936 [1]
Accumulated other comprehensive loss (1,538) (659) [1]
Total common shareholders' equity 18,064 17,142 [1]
Noncontrolling interests 1,972 2,228 [1]
Total equity 20,036 19,370 [1]
Total liabilities and equity 78,075 76,585 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 20 14 [6]
Customer receivables (less allowance for doubtful accounts) 994 951 [6]
Other receivables (less allowance for doubtful accounts) 46 64 [6]
Affiliated receivables 73 3 [6]
Inventories 814 850 [6]
Regulatory assets [3] 552 205 [6]
Other [7] 169 137 [6]
Total current assets 2,668 2,224 [6]
Investments    
Nuclear decommissioning trust funds 2,449 2,399 [6]
Other 4 3 [6]
Total investments 2,453 2,402 [6]
Property, Plant and Equipment    
Property, plant and equipment 43,444 42,329 [6]
Accumulated depreciation, depletion and amortization (13,683) (13,277) [6]
Total property, plant and equipment, net 29,761 29,052 [6]
Deferred Charges and Other Assets    
Regulatory assets 729 810 [6]
Other [7] 719 651 [6]
Total deferred charges and other assets 1,448 1,461 [6]
Total assets 36,330 35,139 [6]
Current Liabilities    
Securities due within one year [6]   850
Short-term debt 1,158 542 [6]
Accounts payable 296 361 [6]
Payables to affiliates 109 125 [6]
Affiliated current borrowings 25 33 [6]
Regulatory liabilities 305 127
Other [7] 1,321 1,009 [6]
Total current liabilities 2,909 2,920 [6]
Long-Term Debt    
Total long-term debt 11,091 10,496 [6]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,894 2,728 [6]
Asset retirement obligations 1,302 1,149 [6]
Regulatory liabilities 4,877 4,760 [6]
Other [7] 760 862 [6]
Total deferred credits and other liabilities 9,833 9,499 [6]
Total liabilities 23,833 22,915 [6]
Commitments and Contingencies [6]
Equity    
Common stock – no par [8] 5,738 5,738 [6]
Other paid-in capital 1,113 1,113 [6]
Retained earnings 5,655 5,311 [6]
Accumulated other comprehensive loss (9) 62 [6]
Total common shareholders' equity 12,497 12,224 [6]
Total liabilities and equity 36,330 35,139 [6]
Dominion Energy Gas Holdings, LLC    
Current Assets    
Cash and cash equivalents 5 4 [9]
Customer receivables (less allowance for doubtful accounts) [10] 223 297 [9]
Other receivables (less allowance for doubtful accounts) [10] 22 15 [9]
Affiliated receivables 31 10 [9]
Inventories 82 64 [9]
Gas imbalances [10] 62 46 [9]
Prepayments 86 112 [9]
Regulatory assets [3] 35 26
Other 60 52 [9]
Total current assets 571 600 [9]
Investments    
Total investments 97 97 [9]
Property, Plant and Equipment    
Property, plant and equipment 11,341 11,173 [9]
Accumulated depreciation, depletion and amortization (3,111) (3,018) [9]
Total property, plant and equipment, net 8,230 8,155 [9]
Deferred Charges and Other Assets    
Pension and other postretirement benefit assets [10] 1,907 1,828 [9]
Regulatory assets [11] 526 511
Other [10] 1,278 1,260 [9]
Total deferred charges and other assets 3,185 3,088 [9]
Total assets 12,083 11,940 [9]
Current Liabilities    
Short-term debt 188 629 [9]
Accounts payable 97 193 [9]
Payables to affiliates 15 62 [9]
Affiliated current borrowings 56 18 [9]
Regulatory liabilities [4] 48 38
Other [10] 406 439 [9]
Total current liabilities 762 1,341 [9]
Long-Term Debt    
Total long-term debt 4,062 3,570 [9]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 1,489 1,454 [9]
Regulatory liabilities 1,253 1,227 [9]
Other 189 185 [9]
Total deferred credits and other liabilities 2,931 2,866 [9]
Total liabilities 7,755 7,777 [9]
Commitments and Contingencies [9]
Equity    
Membership interests 4,446 4,261 [9]
Accumulated other comprehensive loss (118) (98) [9]
Total equity 4,328 4,163 [9]
Total liabilities and equity $ 12,083 $ 11,940 [9]
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2017 has been derived from the audited Consolidated Balance Sheet at that date.
[2] See Note 10 for amounts attributable to related parties.
[3] Current regulatory assets are presented in other current assets in Dominion Energy Gas’ Consolidated Balance Sheets.
[4] Current regulatory liabilities are presented in other current liabilities in the Companies’ Consolidated Balance Sheets.
[5] 1 billion shares authorized; 654 million shares and 645 million shares outstanding at June 30, 2018 and December 31, 2017, respectively.
[6] Virginia Power’s Consolidated Balance Sheet at December 31, 2017 has been derived from the audited Consolidated Balance Sheet at that date.
[7] See Note 18 for amounts attributable to affiliates.
[8] 500,000 shares authorized; 274,723 shares outstanding at June 30, 2018 and December 31, 2017.
[9] Dominion Energy Gas’ Consolidated Balance Sheet at December 31, 2017 has been derived from the audited Consolidated Balance Sheet at that date.
[10] See Note 18 for amounts attributable to related parties.
[11] Noncurrent regulatory assets are presented in other deferred charges and other assets in Dominion Energy Gas’ Consolidated Balance Sheets.