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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 486 $ 261 [1]
Customer receivables (less allowance for doubtful accounts) 1,361 1,523 [1]
Other receivables (less allowance for doubtful accounts) 209 183 [1]
Inventories 1,453 1,524 [1]
Other 776 757 [1]
Total current assets 4,285 4,248 [1]
Investments    
Nuclear decommissioning trust funds 4,655 4,484 [1]
Investment in equity method affiliates 1,713 1,561 [1]
Other 306 298 [1]
Total investments 6,674 6,343 [1]
Property, Plant and Equipment    
Property, plant and equipment 70,728 69,556 [1]
Accumulated depreciation, depletion and amortization (20,012) (19,592) [1]
Total property, plant and equipment, net 50,716 49,964 [1]
Deferred Charges and Other Assets    
Goodwill 6,399 6,399 [1]
Regulatory assets 2,439 2,473 [1]
Other 2,339 2,183 [1]
Total deferred charges and other assets 11,177 11,055 [1]
Total assets 72,852 71,610 [1]
Current Liabilities    
Securities due within one year 2,391 1,709 [1]
Short-term debt 2,627 3,155 [1]
Accounts payable 724 1,000 [1]
Accrued interest, payroll and taxes 779 798 [1]
Other 1,321 1,453 [1]
Total current liabilities 7,842 8,115 [1]
Long-Term Debt    
Long-term debt 25,742 24,878 [1]
Junior subordinated notes 2,980 2,980 [1]
Remarketable subordinated notes 2,374 2,373 [1]
Total long-term debt 31,096 30,231 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 8,897 8,602 [1]
Regulatory liabilities 2,745 2,622 [1]
Other 5,091 5,200 [1]
Total deferred credits and other liabilities 16,733 16,424 [1]
Total liabilities 55,671 54,770 [1]
Commitments and Contingencies [1]
Equity    
Common stock - no par [2] 8,629 8,550 [1]
Retained earnings 7,023 6,854 [1]
Accumulated other comprehensive loss (735) (799) [1]
Total common shareholders' equity 14,917 14,605 [1]
Noncontrolling interests 2,264 2,235 [1]
Total equity 17,181 16,840 [1]
Total liabilities and equity 72,852 71,610 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 289 11 [3]
Customer receivables (less allowance for doubtful accounts) 790 892 [3]
Other receivables (less allowance for doubtful accounts) 125 99 [3]
Affiliated receivables 1 112 [3]
Inventories 842 853 [3]
Other [4] 305 281 [3]
Total current assets 2,352 2,248 [3]
Investments    
Nuclear decommissioning trust funds 2,186 2,106 [3]
Other 3 3 [3]
Total investments 2,189 2,109 [3]
Property, Plant and Equipment    
Property, plant and equipment 40,514 40,030 [3]
Accumulated depreciation, depletion and amortization (12,699) (12,436) [3]
Total property, plant and equipment, net 27,815 27,594 [3]
Deferred Charges and Other Assets    
Regulatory assets 776 770 [3]
Other [4] 609 587 [3]
Total deferred charges and other assets 1,385 1,357 [3]
Total assets 33,741 33,308 [3]
Current Liabilities    
Securities due within one year 928 678 [3]
Short-term debt 40 65 [3]
Accounts payable 329 444 [3]
Accrued interest, payroll and taxes 248 239 [3]
Payables to affiliates 139 109 [3]
Affiliated current borrowings 0 262 [3]
Other [4] 634 725 [3]
Total current liabilities 2,318 2,522 [3]
Long-Term Debt    
Total long-term debt 10,348 9,852 [3]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 5,165 5,103 [3]
Asset retirement obligations 1,267 1,262 [3]
Regulatory liabilities 2,064 1,962 [3]
Other [4] 797 742 [3]
Total deferred credits and other liabilities 9,293 9,069 [3]
Total liabilities 21,959 21,443 [3]
Commitments and Contingencies [3]
Equity    
Common stock - no par [5] 5,738 5,738 [3]
Other paid-in capital 1,113 1,113 [3]
Retained earnings 4,881 4,968 [3]
Accumulated other comprehensive loss 50 46 [3]
Total common shareholders' equity 11,782 11,865 [3]
Total liabilities and equity 33,741 33,308 [3]
Dominion Gas Holdings, LLC    
Current Assets    
Cash and cash equivalents 11 23 [6]
Customer receivables (less allowance for doubtful accounts) 275 281 [6]
Other receivables (less allowance for doubtful accounts) [7] 16 13 [6]
Affiliated receivables 16 17 [6]
Inventories 76 70 [6]
Other [7] 176 178 [6]
Total current assets 570 582 [6]
Investments    
Total investments 101 99 [6]
Property, Plant and Equipment    
Property, plant and equipment 10,540 10,475 [6]
Accumulated depreciation, depletion and amortization (2,897) (2,851) [6]
Total property, plant and equipment, net 7,643 7,624 [6]
Deferred Charges and Other Assets    
Goodwill 542 542 [6]
Pension and other postretirement benefit assets [7] 1,641 1,557 [6]
Regulatory assets [8] 550 577
Other [7] 716 738 [6]
Total deferred charges and other assets 2,899 2,837 [6]
Total assets 11,213 11,142 [6]
Current Liabilities    
Short-term debt 399 460 [6]
Accounts payable 152 221 [6]
Accrued interest, payroll and taxes 216 225 [6]
Payables to affiliates 29 29 [6]
Affiliated current borrowings 174 118 [6]
Other [7] 151 162 [6]
Total current liabilities 1,121 1,215 [6]
Long-Term Debt    
Total long-term debt 3,533 3,528 [6]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,500 2,438 [6]
Regulatory liabilities [9] 237 219
Other [7] 419 425 [6]
Total deferred credits and other liabilities 2,919 2,863 [6]
Total liabilities 7,573 7,606 [6]
Commitments and Contingencies [6]
Equity    
Membership interests 3,761 3,659 [6]
Accumulated other comprehensive loss (121) (123) [6]
Total common shareholders' equity 3,640 3,536 [6]
Total liabilities and equity $ 11,213 $ 11,142 [6]
[1] Dominion’s Consolidated Balance Sheet at December 31, 2016 has been derived from the audited Consolidated Balance Sheet at that date.
[2] 1 billion shares authorized; 629 million shares and 628 million shares outstanding at March 31, 2017 and December 31, 2016, respectively.
[3] Virginia Power’s Consolidated Balance Sheet at December 31, 2016 has been derived from the audited Consolidated Balance Sheet at that date.
[4] See Note 17 for amounts attributable to affiliates.
[5] 500,000 shares authorized; 274,723 shares outstanding at March 31, 2017 and December 31, 2016.
[6] Dominion Gas’ Consolidated Balance Sheet at December 31, 2016 has been derived from the audited Consolidated Balance Sheet at that date.
[7] See Note 17 for amounts attributable to related parties.
[8] Noncurrent regulatory assets are presented in other deferred charges and other assets in Dominion Gas' Consolidated Balance Sheets.
[9] Noncurrent regulatory liabilities are presented in other deferred credits and other liabilities in Dominion Gas' Consolidated Balance Sheets.