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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 272 $ 283 [1]
Customer receivables (less allowance for doubtful accounts) 2,245 2,219 [1]
Other receivables (less allowance for doubtful accounts) 277 349 [1]
Inventories 1,584 1,631 [1]
Margin deposit assets 969 678 [1]
Derivative assets 596 122 [1]
Regulatory assets 1,863 1,492 [1]
Short-term deposit 2,000  
Other 573 470 [1]
Current assets held for sale 1,009 25 [1]
Total current assets 11,388 7,269 [1]
Investments    
Nuclear decommissioning trust funds 5,872 7,950 [1]
Investment in equity method affiliates 2,943 2,932 [1]
Other 386 394 [1]
Total investments 9,201 11,276 [1]
Property, Plant and Equipment    
Property, plant and equipment 88,695 86,503 [1]
Accumulated depreciation, depletion and amortization (27,431) (26,729) [1]
Total property, plant and equipment, net 61,264 59,774 [1]
Deferred Charges and Other Assets    
Goodwill 7,297 7,405 [1]
Derivative assets 1,513 491 [1]
Regulatory assets 8,371 8,643 [1]
Other 4,644 4,732 [1]
Total deferred charges and other assets 21,825 21,271 [1]
Total assets 103,678 99,590 [1]
Current Liabilities    
Securities due within one year 2,545 841 [1]
Short-term debt 3,080 2,314 [1]
Mandatorily redeemable preferred stock (see Note 16) 1,606  
Accounts payable 1,130 1,197 [1]
Accrued interest, payroll and taxes 1,002 1,169 [1]
Derivative liabilities 982 359 [1]
Regulatory liabilities 945 986 [1]
Other [2] 1,651 1,807 [1]
Current liabilities held for sale 225  
Total current liabilities 13,166 8,673 [1]
Long-Term Debt    
Long-term debt 35,575 35,190 [1]
Junior subordinated notes 1,386 1,386 [1]
Supplemental credit facility borrowings 450  
Other 848 850 [1]
Total long-term debt 38,259 37,426 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 6,844 6,658 [1]
Regulatory liabilities 10,100 10,713 [1]
Other [2] 7,012 7,202 [1]
Total deferred credits and other liabilities 23,956 24,573 [1]
Total liabilities 75,381 70,672 [1]
Commitments and Contingencies (see Note 17) [1]
Preferred stock (see Note 16) [1]   1,610
Shareholders' Equity    
Preferred stock (see Note 16) 1,783 1,783 [1]
Common stock - no par [3] 23,427 21,610 [1]
Retained earnings 4,483 5,373 [1]
Accumulated other comprehensive loss (1,396) (1,458) [1]
Shareholders' equity 28,297 27,308 [1]
Total liabilities, mezzanine equity and shareholders' equity 103,678 99,590 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 56 26 [4]
Customer receivables (less allowance for doubtful accounts) 1,414 1,172 [4]
Other receivables (less allowance for doubtful accounts) 78 112 [4]
Affiliated receivables 169 37 [4]
Inventories 850 871 [4]
Margin deposit assets 478 167 [4]
Derivative assets 345 76 [4]
Regulatory assets 1,129 850 [4]
Other [5] 134 39 [4]
Total current assets 4,653 3,350 [4]
Investments    
Nuclear decommissioning trust funds 3,160 3,734 [4]
Other 4 3 [4]
Total investments 3,164 3,737 [4]
Property, Plant and Equipment    
Property, plant and equipment 51,666 49,890 [4]
Accumulated depreciation, depletion and amortization (15,754) (15,234) [4]
Total property, plant and equipment, net 35,912 34,656 [4]
Deferred Charges and Other Assets    
Derivative assets [6] 446 224
Regulatory assets 3,916 4,130 [4]
Other [5] 2,338 2,059 [4]
Total deferred charges and other assets 6,254 6,189 [4]
Total assets 49,983 47,932 [4]
Current Liabilities    
Securities due within one year 1,015 313 [4]
Short-term debt 725 745 [4]
Accounts payable 446 402 [4]
Payables to affiliates 225 121 [4]
Affiliated current borrowings 112 699 [4]
Accrued interest, payroll and taxes 316 274 [4]
Asset retirement obligations 282 191 [4]
Derivative liabilities [5] 308 134 [4]
Regulatory liabilities 537 647 [4]
Other 579 567 [4]
Total current liabilities 4,545 4,093 [4]
Long-Term Debt    
Long-term debt 14,913 13,453 [4]
Other 509 503 [4]
Total long-term debt 15,422 13,956 [4]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 3,392 3,183 [4]
Asset retirement obligations 3,700 3,732 [4]
Regulatory liabilities 5,282 5,740 [4]
Other [5] 1,224 1,248 [4]
Total deferred credits and other liabilities 13,598 13,903 [4]
Total liabilities 33,565 31,952 [4]
Commitments and Contingencies (see Note 17) [4]
Shareholders' Equity    
Common stock - no par [7] 5,738 5,738 [4]
Other paid-in capital 1,113 1,113 [4]
Retained earnings 9,574 9,170 [4]
Accumulated other comprehensive loss (7) (41) [4]
Shareholders' equity 16,418 15,980 [4]
Total liabilities, mezzanine equity and shareholders' equity $ 49,983 $ 47,932 [4]
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2021 has been derived from the audited Consolidated Balance Sheet at that date.
[2] See Note 10 for amounts attributable to related parties.
[3] 1.8 billion shares authorized; 832 million and 810 million shares outstanding at June 30, 2022 and December 31, 2021, respectively.
[4] Virginia Power’s Consolidated Balance Sheet at December 31, 2021 has been derived from the audited Consolidated Balance Sheet at that date.
[5] See Note 19 for amounts attributable to affiliates.
[6] Noncurrent derivative assets are presented in other deferred charges and other assets in Virginia Power’s Consolidated Balance Sheets. 
[7] 500,000 shares authorized; 274,723 shares outstanding at June 30, 2022 and December 31, 2021.