Equity (Tables)

12 Months Ended

Dec. 31, 2016

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss)

Presented in the table below is a summary of AOCI by component:



At December 31,	2016			2015
(millions)
Dominion
Net deferred losses on derivatives-hedging activities, net of tax of $173 and $110	$	(280	)	$	(176	)
Net unrealized gains on nuclear decommissioning trust funds, net of tax of $(318) and $(281)	569			504
Net unrecognized pension and other postretirement benefit costs, net of tax of $691 and $525	(1,082		)	(797		)
Other comprehensive loss from equity method investees, net of tax of $4 and $4	(6		)	(5		)
Total AOCI	$	(799	)	$	(474	)
Virginia Power
Net deferred losses on derivatives-hedging activities, net of tax of $5 and $4	$	(8	)	$	(7	)
Net unrealized gains on nuclear decommissioning trust funds, net of tax of $(35) and $(30)	54			47
Total AOCI	$	46		$	40
Dominion Gas
Net deferred losses on derivatives-hedging activities, net of tax of $15 and $10	$	(24	)	$	(17	)
Net unrecognized pension costs, net of tax of $68 and $56	(99		)	(82		)
Total AOCI	$	(123	)	$	(99	)

The following table presents Dominion’s changes in AOCI by component, net of tax:



	Deferred gains and losses on derivatives-hedging activities			Unrealized gains and losses on investment securities			Unrecognized pension and other postretirement benefit costs			Other comprehensive loss from equity method investees			Total
(millions)
Year Ended December 31, 2016
Beginning balance	$	(176	)	$	504		$	(797	)	$	(5	)	$	(474	)
Other comprehensive income before reclassifications: gains (losses)	55			93			(319		)	(1		)	(172		)
Amounts reclassified from AOCI: (gains) losses⁽¹⁾	(159		)	(28		)	34			—			(153		)
Net current period other comprehensive income (loss)	(104		)	65			(285		)	(1		)	(325		)
Ending balance	$	(280	)	$	569		$	(1,082	)	$	(6	)	$	(799	)
Year Ended December 31, 2015
Beginning balance	$	(178	)	$	548		$	(782	)	$	(4	)	$	(416	)
Other comprehensive income before reclassifications: gains (losses)	110			6			(66		)	(1		)	49
Amounts reclassified from AOCI: (gains) losses⁽¹⁾	(108		)	(50		)	51			—			(107		)
Net current period other comprehensive income (loss)	2			(44		)	(15		)	(1		)	(58		)
Ending balance	$	(176	)	$	504		$	(797	)	$	(5	)	$	(474	)

(1) See table below for details about these reclassifications.

Reclassification out of Accumulated Other Comprehensive Income

The following table presents Dominion’s reclassifications out of AOCI by component:



Details about AOCI components	Amounts reclassified from AOCI			Affected line item in the Consolidated Statements of Income
(millions)
Year Ended December 31, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(330	)	Operating revenue
	13			Purchased gas
	10			Electric fuel and other energy-related purchases
Interest rate contracts	31			Interest and related charges
Foreign currency contracts	17			Other Income
Total	(259		)
Tax	100			Income tax expense
Total, net of tax	$	(159	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(66	)	Other income
Impairment	23			Other income
Total	(43		)
Tax	15			Income tax expense
Total, net of tax	$	(28	)
Unrecognized pension and other postretirement benefit costs:
Prior-service costs (credits)	$	(15	)	Other operations and maintenance
Actuarial losses	71			Other operations and maintenance
Total	56
Tax	(22		)	Income tax expense
Total, net of tax	$	34
Year Ended December 31, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(203	)	Operating revenue
	15			Purchased gas
	1			Electric fuel and other energy-related purchases
Interest rate contracts	11			Interest and related charges
Total	(176		)
Tax	68			Income tax expense
Total, net of tax	$	(108	)
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(110	)	Other income
Impairment	31			Other income
Total	(79		)
Tax	29			Income tax expense
Total, net of tax	$	(50	)
Unrecognized pension and other postretirement benefit costs:
Prior-service costs (credits)	$	(12	)	Other operations and maintenance
Actuarial losses	98			Other operations and maintenance
Total	86
Tax	(35		)	Income tax expense
Total, net of tax	$	51

Summary of restricted stock activity

The following table provides a summary of restricted stock activity for the years ended December 31, 2016, 2015 and 2014:



	Shares		Weighted - average Grant Date Fair Value
	(thousands)
Nonvested at December 31, 2013	1,007		$	49.35
Granted	354		67.98
Vested	(278	)	44.50
Cancelled and forfeited	(18	)	53.61
Nonvested at December 31, 2014	1,065		$	56.74
Granted	302		73.26
Vested	(510	)	50.71
Cancelled and forfeited	(2	)	62.62
Nonvested at December 31, 2015	855		$	66.16
Granted	372		71.67
Vested	(301	)	56.83
Cancelled and forfeited	(40	)	71.75
Nonvested at December 31, 2016	886		$	71.40

Summary of restricted stock and goal-based stock activity

The following table provides a summary of goal-based stock activity for the years ended December 31, 2016, 2015 and 2014:



	Targeted Number of Shares		Weighted - average Grant Date Fair Value
	(thousands)
Nonvested at December 31, 2013	5		$	53.85
Granted	13		68.83
Vested	(1	)	52.48
Nonvested at December 31, 2014	17		$	65.15
Granted	14		72.72
Vested	(7	)	56.22
Nonvested at December 31, 2015	24		$	72.27
Granted	12		69.93
Vested	(10	)	68.83
Cancelled and forfeited	(3	)	68.83
Nonvested at December 31, 2016	23		$	72.99

Virginia Electric and Power Company

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents Virginia Power’s changes in AOCI by component, net of tax:



	Deferred gains and losses on derivatives-hedging activities			Unrealized gains and losses on investment securities			Total
(millions)
Year Ended December 31, 2016
Beginning balance	$	(7	)	$	47		$	40
Other comprehensive income before reclassifications: gains (losses)	(2		)	11			9
Amounts reclassified from AOCI: (gains) losses⁽¹⁾	1			(4		)	(3		)
Net current period other comprehensive income (loss)	(1		)	7			6
Ending balance	$	(8	)	$	54		$	46
Year Ended December 31, 2015
Beginning balance	$	(7	)	$	57		$	50
Other comprehensive income before reclassifications: gains (losses)	(1		)	(4		)	(5		)
Amounts reclassified from AOCI: (gains) losses⁽¹⁾	1			(6		)	(5		)
Net current period other comprehensive income (loss)	—			(10		)	(10		)
Ending balance	$	(7	)	$	47		$	40

(1) See table below for details about these reclassifications.

Reclassification out of Accumulated Other Comprehensive Income

The following table presents Virginia Power’s reclassifications out of AOCI by component:



Details about AOCI components	Amounts reclassified from AOCI			Affected line item in the Consolidated Statements of Income
(millions)
Year Ended December 31, 2016
(Gains) losses on cash flow hedges:
Interest rate contracts	$	1		Interest and related charges
Total	1
Tax	—			Income tax expense
Total, net of tax	$	1
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(9	)	Other income
Impairment	3			Other income
Total	(6		)
Tax	2			Income tax expense
Total, net of tax	$	(4	)
Year Ended December 31, 2015
(Gains) losses on cash flow hedges:
Commodity contracts	$	1		Electric fuel and other energy-related purchases
Total	1
Tax	—			Income tax expense
Total, net of tax	$	1
Unrealized (gains) and losses on investment securities:
Realized (gain) loss on sale of securities	$	(14	)	Other income
Impairment	4			Other income
Total	(10		)
Tax	4			Income tax expense
Total, net of tax	$	(6	)

Dominion Gas Holdings, LLC

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents Dominion Gas' changes in AOCI by component, net of tax:



	Deferred gains and losses on derivatives-hedging activities			Unrecognized pension costs			Total
(millions)
Year Ended December 31, 2016
Beginning balance	$	(17	)	$	(82	)	$	(99	)
Other comprehensive income before reclassifications: losses	(16		)	(20		)	(36		)
Amounts reclassified from AOCI^(1): losses	9			3			12
Net current period other comprehensive loss	(7		)	(17		)	(24		)
Ending balance	$	(24	)	$	(99	)	$	(123	)
Year Ended December 31, 2015
Beginning balance	$	(20	)	$	(66	)	$	(86	)
Other comprehensive income before reclassifications: gains (losses)	6			(20		)	(14		)
Amounts reclassified from AOCI⁽¹⁾: (gains) losses	(3		)	4			1
Net current period other comprehensive income (loss)	3			(16		)	(13		)
Ending balance	$	(17	)	$	(82	)	$	(99	)

(1) See table below for details about these reclassifications.

Reclassification out of Accumulated Other Comprehensive Income

The following table presents Dominion Gas' reclassifications out of AOCI by component:



Details about AOCI components	Amounts reclassified from AOCI			Affected line item in the Consolidated Statements of Income
(millions)
Year Ended December 31, 2016
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(4	)	Operating revenue
Interest rate contracts	2			Interest and related charges
Foreign currency contracts	17			Other income
Total	15
Tax	(6		)	Income tax expense
Total, net of tax	$	9
Unrecognized pension costs:
Actuarial losses	$	5		Other operations and maintenance
Total	5
Tax	(2		)	Income tax expense
Total, net of tax	$	3
Year Ended December 31, 2015
Deferred (gains) and losses on derivatives-hedging activities:
Commodity contracts	$	(6	)	Operating revenue
Total	(6		)
Tax	3			Income tax expense
Total, net of tax	$	(3	)
Unrecognized pension costs:
Actuarial losses	$	7		Other operations and maintenance
Total	7
Tax	(3		)	Income tax expense
Total, net of tax	$	4