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Operating Segments
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Operating Segments

11. OPERATING SEGMENTS

The Corporate and Other segment primarily includes specific items attributable to DESC’s operating segment that are not included in profit measures evaluated by executive management in assessing the segment’s performance or in allocating resources.

DESC’s CODM is Dominion Energy’s CEO. The CODM uses net income (loss) as the primary profit or loss measure at each segment. The CODM considers budget-to-actual variances on a quarterly basis when making decisions about allocating operating and capital resources to each segment, when assessing the performance of each segment and when determining the compensation of certain employees.

 

In the six months ended June 30, 2025 and 2024, DESC reported an insignificant amount of specific items in the Corporate and Other segment.

 

The following tables present segment information pertaining to DESC’s operations:

 

Three Months Ended June 30,

 

Dominion Energy
South Carolina

 

 

Corporate
and Other

 

 

Consolidated
Total

 

(millions)

 

 

 

 

 

 

 

 

 

2025

 

 

 

 

 

 

 

 

 

Operating Revenue

 

$

832

 

 

$

 

 

$

832

 

Fuel used in electric generation(1)

 

 

155

 

 

 

 

 

 

155

 

Purchased power(1)

 

 

37

 

 

 

 

 

 

37

 

Gas purchased for resale(1)

 

 

49

 

 

 

 

 

 

49

 

Other operations and maintenance(1)

 

 

167

 

 

 

 

 

 

167

 

Depreciation and amortization(1)

 

 

142

 

 

 

 

 

 

142

 

Other taxes(1)

 

 

77

 

 

 

 

 

 

77

 

Total Operating Expenses

 

 

627

 

 

 

 

 

 

627

 

Other income (expense), net(2)

 

 

3

 

 

 

 

 

 

3

 

Interest charges, net of AFUDC(1)

 

 

70

 

 

 

 

 

 

70

 

Income tax expense(1)

 

 

29

 

 

 

2

 

 

 

31

 

Comprehensive Income Attributable to Noncontrolling Interest(2)

 

 

6

 

 

 

 

 

 

6

 

Comprehensive Income (Loss) Available (Attributable) to
   Common Shareholder

 

$

103

 

 

$

(2

)

 

$

101

 

Total assets (billions)

 

$

17.3

 

 

$

 

 

$

17.3

 

2024

 

 

 

 

 

 

 

 

 

Operating Revenue

 

$

731

 

 

$

 

 

$

731

 

Fuel used in electric generation(1)

 

 

135

 

 

 

 

 

 

135

 

Purchased power(1)

 

 

22

 

 

 

 

 

 

22

 

Gas purchased for resale(1)

 

 

46

 

 

 

 

 

 

46

 

Other operations and maintenance(1)(3)

 

 

168

 

 

 

4

 

 

 

172

 

Depreciation and amortization(1)

 

 

136

 

 

 

 

 

 

136

 

Other taxes(1)

 

 

76

 

 

 

 

 

 

76

 

Total Operating Expenses

 

 

583

 

 

 

4

 

 

 

587

 

Other income (expense), net(2)

 

 

1

 

 

 

 

 

 

1

 

Interest charges, net of AFUDC(1)

 

 

67

 

 

 

 

 

 

67

 

Income tax expense(1)

 

 

14

 

 

 

1

 

 

 

15

 

Comprehensive Income Attributable to Noncontrolling Interest(2)

 

 

6

 

 

 

 

 

 

6

 

Comprehensive Income (Loss) Available (Attributable) to
   Common Shareholder

 

$

62

 

 

$

(5

)

 

$

57

 

(1)
The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to DESC’s CODM.
(2)
Items designated are other segment items for each reportable segment.
(3)
Includes impairment of assets and other charges.

 

Six Months Ended June 30,

 

Dominion Energy
South Carolina

 

 

Corporate
and Other

 

 

Consolidated
Total

 

(millions)

 

 

 

 

 

 

 

 

 

2025

 

 

 

 

 

 

 

 

 

Operating Revenue

 

$

1,818

 

 

$

 

 

$

1,818

 

Fuel used in electric generation(1)

 

 

359

 

 

 

 

 

 

359

 

Purchased power(1)

 

 

59

 

 

 

 

 

 

59

 

Gas purchased for resale(1)

 

 

175

 

 

 

 

 

 

175

 

Other operations and maintenance(1)

 

 

341

 

 

 

 

 

 

341

 

Depreciation and amortization(1)

 

 

282

 

 

 

 

 

 

282

 

Other taxes(1)

 

 

159

 

 

 

 

 

 

159

 

Total Operating Expenses

 

 

1,375

 

 

 

 

 

 

1,375

 

Other income (expense), net(2)

 

 

6

 

 

 

 

 

 

6

 

Interest charges, net of AFUDC(1)

 

 

141

 

 

 

 

 

 

141

 

Income tax expense(1)

 

 

47

 

 

 

4

 

 

 

51

 

Comprehensive Income Attributable to Noncontrolling Interest(2)

 

 

14

 

 

 

 

 

 

14

 

Comprehensive Income (Loss) Available (Attributable) to
   Common Shareholder

 

$

247

 

 

$

(4

)

 

$

243

 

Capital expenditures

 

$

561

 

 

$

 

 

$

561

 

Total assets (billions)

 

 

17.3

 

 

 

 

 

 

17.3

 

2024

 

 

 

 

 

 

 

 

 

Operating Revenue

 

$

1,506

 

 

$

 

 

$

1,506

 

Fuel used in electric generation(1)

 

 

280

 

 

 

 

 

 

280

 

Purchased power(1)

 

 

32

 

 

 

 

 

 

32

 

Gas purchased for resale(1)

 

 

125

 

 

 

 

 

 

125

 

Other operations and maintenance(1)(3)

 

 

331

 

 

 

4

 

 

 

335

 

Depreciation and amortization(1)

 

 

272

 

 

 

 

 

 

272

 

Other taxes(1)

 

 

154

 

 

 

 

 

 

154

 

Total Operating Expenses

 

 

1,194

 

 

 

4

 

 

 

1,198

 

Other income (expense), net(2)

 

 

2

 

 

 

 

 

 

2

 

Interest charges, net of AFUDC(1)

 

 

134

 

 

 

 

 

 

134

 

Income tax expense(1)

 

 

31

 

 

 

2

 

 

 

33

 

Comprehensive Income Attributable to Noncontrolling Interest(2)

 

 

12

 

 

 

 

 

 

12

 

Comprehensive Income (Loss) Available (Attributable) to
   Common Shareholder

 

$

137

 

 

$

(6

)

 

$

131

 

Capital expenditures

 

$

490

 

 

$

 

 

$

490

 

(1)
The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to DESC’s CODM.
(2)
Items designated are other segment items for each reportable segment.
(3)
Includes impairment of assets and other charges.