XML 24 R5.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 378 $ 268 [1]
Customer receivables (less allowance for doubtful accounts) 1,972 1,749 [1]
Other receivables (less allowance for doubtful accounts) [2] 363 331 [1]
Inventories 1,800 1,418 [1]
Regulatory assets 966 496 [1]
Derivative assets 55 223 [1]
Prepayments 338 265 [1]
Assets held for sale 228  
Other 169 411 [1]
Total current assets 6,269 5,161 [1]
Investments    
Nuclear decommissioning trust funds 5,860 4,938 [1]
Investment in equity method affiliates 1,528 1,278 [1]
Other 369 344 [1]
Total investments 7,757 6,560 [1]
Property, Plant and Equipment    
Property, plant and equipment 96,122 76,578 [1]
Accumulated depreciation, depletion and amortization (28,144) (22,018) [1]
Total property, plant and equipment, net 67,978 54,560 [1]
Deferred Charges and Other Assets    
Goodwill 8,986 6,410 [1]
Intangible assets, net 773 670 [1]
Regulatory assets 7,669 2,676 [1]
Operating lease assets 455  
Pension and other postretirement benefit assets 1,610 1,279 [1]
Other 862 598 [1]
Total deferred charges and other assets 20,355 11,633 [1]
Total assets 102,359 77,914 [1]
Current Liabilities    
Securities due within one year 4,824 3,624 [1]
Credit facility borrowings [1]   73
Short-term debt 2,420 334 [1]
Accounts payable 791 914 [1]
Accrued interest, payroll and taxes 1,263 836 [1]
Regulatory liabilities 547 356 [1]
Liabilities held for sale 85  
Other [2] 2,261 1,510 [1]
Total current liabilities 12,191 7,647 [1]
Long-Term Debt    
Long-term debt 29,838 26,328 [1]
Junior subordinated notes 3,797 3,430 [1]
Remarketable subordinated notes [1]   1,386
Total long-term debt 33,635 31,144 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 6,198 5,116 [1]
Regulatory liabilities 10,926 6,840 [1]
Asset retirement obligations 5,020 2,250 [1]
Operating lease liabilities 394  
Pension and other postretirement benefit liability 2,571 2,328 [1]
Other 1,467 541 [1]
Total deferred credits and other liabilities 26,576 17,075 [1]
Total liabilities 72,402 55,866 [1]
Commitments and Contingencies (see Note 18) [1]
Equity    
Preferred stock [3] 1,596  
Common stock - no par [4] 22,131 12,588 [1]
Retained earnings 7,336 9,219 [1]
Accumulated other comprehensive income (loss) (1,777) (1,700) [1]
Total shareholders' equity 29,286 20,107 [1]
Noncontrolling interests 671 1,941 [1]
Total equity 29,957 22,048 [1]
Total liabilities and equity 102,359 77,914 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 29 29 [5]
Customer receivables (less allowance for doubtful accounts) 1,177 999 [5]
Other receivables (less allowance for doubtful accounts) 51 76 [5]
Affiliated receivables 8 101 [5]
Inventories 850 837 [5]
Regulatory assets [6] 469 424
Other [7] 530 529 [5]
Total current assets 2,645 2,571 [5]
Investments    
Nuclear decommissioning trust funds 2,738 2,369 [5]
Other 3 3 [5]
Total investments 2,741 2,372 [5]
Property, Plant and Equipment    
Property, plant and equipment 46,438 44,524 [5]
Accumulated depreciation, depletion and amortization (14,036) (14,003) [5]
Total property, plant and equipment, net 32,402 30,521 [5]
Deferred Charges and Other Assets    
Regulatory assets 1,917 737 [5]
Operating lease assets 184  
Other [7] 876 679 [5]
Total deferred charges and other assets 2,977 1,416 [5]
Total assets 40,765 36,880 [5]
Current Liabilities    
Securities due within one year 3 350 [5]
Short-term debt 685 314 [5]
Accounts payable 286 339 [5]
Payables to affiliates 138 209 [5]
Affiliated current borrowings 9 224 [5]
Accrued interest, payroll and taxes 321 248 [5]
Derivative liabilities [7] 165 25 [5]
Regulatory liabilities 180 299 [5]
Other 867 807 [5]
Total current liabilities 2,654 2,815 [5]
Long-Term Debt    
Long-Term Debt 11,792 11,321 [5]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,911 3,017 [5]
Regulatory liabilities 4,978 4,647 [5]
Asset retirement obligations 3,418 1,200 [5]
Operating lease liabilities 152  
Other [7] 1,310 833 [5]
Total deferred credits and other liabilities 12,769 9,697 [5]
Total liabilities 27,215 23,833 [5]
Commitments and Contingencies (see Note 18) [5]
Equity    
Common stock - no par [8] 5,738 5,738 [5]
Other paid-in capital 1,113 1,113 [5]
Retained earnings 6,740 6,208 [5]
Accumulated other comprehensive income (loss) (41) (12) [5]
Total shareholders' equity 13,550 13,047 [5]
Total liabilities and equity 40,765 36,880 [5]
Dominion Energy Gas Holdings, LLC    
Current Assets    
Cash and cash equivalents 11 10 [9]
Customer receivables (less allowance for doubtful accounts) [10] 212 309 [9]
Other receivables (less allowance for doubtful accounts) [10] 21 17 [9]
Affiliated receivables 40 10 [9]
Inventories 105 65 [9]
Gas imbalances [10] 29 162 [9]
Regulatory assets 42 29 [9]
Other [10] 77 145 [9]
Total current assets 537 747 [9]
Investments    
Total investments 81 93 [9]
Property, Plant and Equipment    
Property, plant and equipment 11,780 11,238 [9]
Accumulated depreciation, depletion and amortization (3,114) (2,971) [9]
Total property, plant and equipment, net 8,666 8,267 [9]
Deferred Charges and Other Assets    
Regulatory assets [11] 683 727
Operating lease assets 56  
Pension and other postretirement benefit assets [10] 2,016 1,775 [9]
Other [10] 1,390 1,469 [9]
Total deferred charges and other assets 3,462 3,244 [9]
Total assets 12,746 12,351 [9]
Current Liabilities    
Securities due within one year 452 449 [9]
Short-term debt 280 10 [9]
Accounts payable 87 196 [9]
Payables to affiliates 23 65 [9]
Affiliated current borrowings 160 218 [9]
Regulatory liabilities [12] 23 21
Other [10] 460 463 [9]
Total current liabilities 1,462 1,401 [9]
Long-Term Debt    
Long-Term Debt 3,606 3,609 [9]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 1,509 1,465 [9]
Regulatory liabilities 1,299 1,285 [9]
Operating lease liabilities 44  
Other 218 194 [9]
Total deferred credits and other liabilities 3,070 2,944 [9]
Total liabilities 8,138 7,954 [9]
Commitments and Contingencies (see Note 18) [9]
Equity    
Membership interests 4,821 4,566 [9]
Accumulated other comprehensive income (loss) (213) (169) [9]
Total equity 4,608 4,397 [9]
Total liabilities and equity $ 12,746 $ 12,351 [9]
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2018 has been derived from the audited Consolidated Balance Sheet at that date.
[2] See Note 10 for amounts attributable to related parties.
[3] 20 million shares authorized; 2 million shares outstanding at September 30, 2019.
[4] 1.8 billion shares authorized and 823 million shares outstanding at September 30, 2019 and 1.0 billion shares authorized and 681 million shares outstanding at December 31, 2018.
[5] Virginia Power’s Consolidated Balance Sheet at December 31, 2018 has been derived from the audited Consolidated Balance Sheet at that date.
[6] Current regulatory assets are presented in other current assets in Virginia Power’s Consolidated Balance Sheets.
[7] See Note 20 for amounts attributable to affiliates.
[8] 500,000 shares authorized; 274,723 shares outstanding at September 30, 2019 and December 31, 2018.
[9] Dominion Energy Gas’ Consolidated Balance Sheet at December 31, 2018 has been derived from the audited Consolidated Balance Sheet at that date.
[10] See Note 20 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.
[12] Current regulatory liabilities are presented in other current liabilities in Dominion Energy Gas’ Consolidated Balance Sheets.