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Quarterly Financial and Common Stock Data (Unaudited) | 12 Months Ended
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Dec. 31, 2016
Selected Quarterly Financial Information [Abstract] |
Quarterly Financial and Common Stock Data (Unaudited) | Q UARTERLY F INANCIAL AND C OMMON S TOCK D ATA (UNAUDITED) A summary of the Companies' quarterly results of operations for the years ended December 31, 2016 and 2015 follows. Amounts reflect all adjustments necessary in the opinion of management for a fair statement of the results for the interim periods. Results for interim periods may fluctuate as a result of weather conditions, changes in rates and other factors. Dominion
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Year |
(millions, except per share amounts) |  |  |  |  |
2016 |  |  |  |  |
Operating revenue | $ | 2,921 |  | $ | 2,598 |  | $ | 3,132 |  | $ | 3,086 |  | $ | 11,737 |
Income from operations | 882 |  | 781 |  | 1,145 |  | 819 |  | 3,627 |
Net income including noncontrolling interests | 531 |  | 462 |  | 728 |  | 491 |  | 2,212 |
Net income attributable to Dominion | 524 |  | 452 |  | 690 |  | 457 |  | 2,123 |
Basic EPS: |  |  |  |  |  |
Net income attributable to Dominion | 0.88 |  | 0.73 |  | 1.10 |  | 0.73 |  | 3.44 |
Diluted EPS: |  |  |  |  |  |
Net income attributable to Dominion | 0.88 |  | 0.73 |  | 1.10 |  | 0.73 |  | 3.44 |
Dividends declared per share | 0.7000 |  | 0.7000 |  | 0.7000 |  | 0.7000 |  | 2.8000 |
Common stock prices (intraday high-low) | $75.18 - 66.25 |  | $77.93 - 68.71 |  | $78.97 - 72.49 |  | $77.32 - 69.51 |  | $78.97 - 66.25 |
2015 |  |  |  |  |
Operating revenue | $ | 3,409 |  | $ | 2,747 |  | $ | 2,971 |  | $ | 2,556 |  | $ | 11,683 |
Income from operations | 1,002 |  | 773 |  | 1,123 |  | 638 |  | 3,536 |
Net income including noncontrolling interests | 540 |  | 418 |  | 599 |  | 366 |  | 1,923 |
Net income attributable to Dominion | 536 |  | 413 |  | 593 |  | 357 |  | 1,899 |
Basic EPS: |  |  |  |  |  |  |  |  |  |
Net income attributable to Dominion | 0.91 |  | 0.70 |  | 1.00 |  | 0.60 |  | 3.21 |
Diluted EPS: |  |  |  |  |  |  |  |  |  |
Net income attributable to Dominion | 0.91 |  | 0.70 |  | 1.00 |  | 0.60 |  | 3.20 |
Dividends declared per share | 0.6475 |  | 0.6475 |  | 0.6475 |  | 0.6475 |  | 2.5900 |
Common stock prices (intraday high-low) | $79.89 - 68.25 |  | $74.34 - 66.52 |  | $76.59 - 66.65 |  | $74.88 - 64.54 |  | $79.89 - 64.54 |
Dominion's 2016 results include the impact of the following significant item:
• | Fourth quarter results include a $122 million after-tax charge related to future ash pond and landfill closure costs at certain utility generation facilities.
There were no significant items impacting Dominion's 2015 quarterly results. Virginia Power Virginia Power's quarterly results of operations were as follows:
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Year |
(millions) |  |  |  |  |
2016 |  |  |  |  |
Operating revenue | $ | 1,890 |  | $ | 1,776 |  | $ | 2,211 |  | $ | 1,711 |  | $ | 7,588 |
Income from operations | 514 |  | 553 |  | 914 |  | 369 |  | 2,350 |
Net income | 263 |  | 280 |  | 503 |  | 172 |  | 1,218 |
2015 |  |  |  |  |  |  |  |  |  |
Operating revenue | $ | 2,137 |  | $ | 1,813 |  | $ | 2,058 |  | $ | 1,614 |  | $ | 7,622 |
Income from operations | 525 |  | 481 |  | 741 |  | 374 |  | 2,121 |
Net income | 269 |  | 246 |  | 385 |  | 187 |  | 1,087 |
Virginia Power's 2016 results include the impact of the following significant item:
• | Fourth quarter results include a $121 million after-tax charge related to future ash pond and landfill closure costs at certain utility generation facilities.
Virginia Power's 2015 results include the impact of the following significant items:
• | Fourth quarter results include a $32 million after-tax charge related to incremental future ash pond and landfill closure costs at certain utility generation facilities.
• | Second quarter results include a $28 million after-tax charge related to incremental future ash pond and landfill closure costs at certain utility generation facilities due to the enactment of the final CCR rule in April 2015.
• | First quarter results include a $52 million after-tax write-off of deferred fuel costs associated with Virginia legislation enacted in February 2015.
Dominion Gas Dominion Gas' quarterly results of operations were as follows:
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Year |
(millions) |  |  |  |  |
2016 |  |  |  |  |
Operating revenue | $ | 431 |  | $ | 368 |  | $ | 382 |  | $ | 457 |  | $ | 1,638 |
Income from operations | 175 |  | 186 |  | 133 |  | 175 |  | 669 |
Net income | 98 |  | 105 |  | 83 |  | 106 |  | 392 |
2015 |  |  |  |  |  |  |  |  |  |
Operating revenue | $ | 531 |  | $ | 395 |  | $ | 365 |  | $ | 425 |  | $ | 1,716 |
Income from operations | 271 |  | 153 |  | 202 |  | 163 |  | 789 |
Net income | 161 |  | 85 |  | 111 |  | 100 |  | 457 |
There were no significant items impacting Dominion Gas' 2016 quarterly results. Dominion Gas' 2015 results include the impact of the following significant items:
• | Third quarter results include a $29 million after-tax gain from an agreement to convey shale development rights underneath a natural gas storage field.
• | First quarter results include a $43 million after-tax gain from agreements to convey shale development rights underneath several natural gas storage fields.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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