XML 36 R15.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Accumulated Other Comprehensive Income | 6 Months Ended
--- | ---
Jun. 30, 2018
Equity [Abstract] |
Accumulated Other Comprehensive Income | Note 7. Accumulated Other Comprehensive Income Dominion Energy The following table presents Dominion Energy’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) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Three Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (248 | ) |  | $ | 3 |  |  | $ | (1,303 | ) |  | $ | (3 | ) |  | $ | (1,551 | )
Other comprehensive income before reclassifications: gains (losses) |  |  | (33 | ) |  |  | (5 | ) |  |  | — |  |  |  | 1 |  |  |  | (37 | )
Amounts reclassified from AOCI: (gains) losses(1) |  |  | 33 |  |  |  | — |  |  |  | 17 |  |  |  | — |  |  |  | 50 |
Net current period other comprehensive income (loss) |  |  | — |  |  |  | (5 | ) |  |  | 17 |  |  |  | 1 |  |  |  | 13 |
Ending balance |  | $ | (248 | ) |  | $ | (2 | ) |  | $ | (1,286 | ) |  | $ | (2 | ) |  | $ | (1,538 | )
Three Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (260 | ) |  | $ | 599 |  |  | $ | (1,069 | ) |  | $ | (5 | ) |  | $ | (735 | )
Other comprehensive income before reclassifications: gains (losses) |  |  | 28 |  |  |  | 35 |  |  |  | — |  |  |  | 1 |  |  |  | 64 |
Amounts reclassified from AOCI: (gains) losses(1) |  |  | (18 | ) |  |  | (4 | ) |  |  | 11 |  |  |  | — |  |  |  | (11 | )
Net current period other comprehensive income (loss) |  |  | 10 |  |  |  | 31 |  |  |  | 11 |  |  |  | 1 |  |  |  | 53 |
Ending balance |  | $ | (250 | ) |  | $ | 630 |  |  | $ | (1,058 | ) |  | $ | (4 | ) |  | $ | (682 | )
Six Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (302 | ) |  | $ | 747 |  |  | $ | (1,101 | ) |  | $ | (3 | ) |  | $ | (659 | )
Other comprehensive income before reclassifications: gains (losses) |  |  | 78 |  |  |  | (18 | ) |  |  | — |  |  |  | 1 |  |  |  | 61 |
Amounts reclassified from AOCI: (gains) losses(1) |  |  | 41 |  |  |  | 1 |  |  |  | 42 |  |  |  | — |  |  |  | 84 |
Net current period other comprehensive income (loss) |  |  | 119 |  |  |  | (17 | ) |  |  | 42 |  |  |  | 1 |  |  |  | 145 |
Cumulative-effect of changes in accounting principle |  |  | (64 | ) |  |  | (732 | ) |  |  | (227 | ) |  |  | — |  |  |  | (1,023 | )
Less other comprehensive income attributable to noncontrolling interest |  |  | 1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |
Ending balance |  | $ | (248 | ) |  | $ | (2 | ) |  | $ | (1,286 | ) |  | $ | (2 | ) |  | $ | (1,538 | )
Six Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (280 | ) |  | $ | 569 |  |  | $ | (1,082 | ) |  | $ | (6 | ) |  | $ | (799 | )
Other comprehensive income before reclassifications: gains (losses) |  |  | 71 |  |  |  | 93 |  |  |  | — |  |  |  | 2 |  |  |  | 166 |
Amounts reclassified from AOCI: (gains) losses(1) |  |  | (41 | ) |  |  | (32 | ) |  |  | 24 |  |  |  | — |  |  |  | (49 | )
Net current period other comprehensive income (loss) |  |  | 30 |  |  |  | 61 |  |  |  | 24 |  |  |  | 2 |  |  |  | 117 |
Ending balance |  | $ | (250 | ) |  | $ | 630 |  |  | $ | (1,058 | ) |  | $ | (4 | ) |  | $ | (682 | )
(1) | See table below for details about these reclassifications.
The following table presents Dominion Energy’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) |  |  |  |  |  |
Three Months Ended June 30, 2018 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
Commodity contracts |  | $ | 16 |  |  | Operating revenue
Interest rate contracts |  |  | 12 |  |  | Interest and related charges
Foreign currency contracts |  |  | 16 |  |  | Other income
Total |  |  | 44 |  |  |
Tax |  |  | (11 | ) |  | Income tax expense
Total, net of tax |  | $ | 33 |  |  |
Unrealized (gains) and losses on investment securities: |  |  |  |  |  |
Realized (gain) loss on sale of securities |  | $ | 1 |  |  | Other income
Total |  |  | 1 |  |  |
Tax |  |  | (1 | ) |  | Income tax expense
Total, net of tax |  | $ | — |  |  |
Unrecognized pension and other postretirement benefit costs: |  |  |  |  |  |
Amortization of prior-service costs (credits) |  | $ | (5 | ) |  | Other income
Amortization of actuarial losses |  |  | 29 |  |  | Other income
Total |  |  | 24 |  |  |
Tax |  |  | (7 | ) |  | Income tax expense
Total, net of tax |  | $ | 17 |  |  |
Three Months Ended June 30, 2017 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
Commodity contracts |  | $ | (19 | ) |  | Operating revenue
|  |  | (2 | ) |  | Electric fuel and other energy-related purchases
Interest rate contracts |  |  | 11 |  |  | Interest and related charges
Foreign currency contracts |  |  | (19 | ) |  | Other income
Total |  |  | (29 | ) |  |
Tax |  |  | 11 |  |  | Income tax expense
Total, net of tax |  | $ | (18 | ) |  |
Unrealized (gains) and losses on investment securities: |  |  |  |  |  |
Realized (gain) loss on sale of securities |  | $ | (11 | ) |  | Other income
Impairment |  |  | 5 |  |  | Other income
Total |  |  | (6 | ) |  |
Tax |  |  | 2 |  |  | Income tax expense
Total, net of tax |  | $ | (4 | ) |  |
Unrecognized pension and other postretirement benefit costs: |  |  |  |  |  |
Amortization of prior-service costs (credits) |  | $ | (5 | ) |  | Other income
Amortization of actuarial losses |  |  | 26 |  |  | Other income
Total |  |  | 21 |  |  |
Tax |  |  | (10 | ) |  | Income tax expense
Total, net of tax |  | $ | 11 |  |  |
Six Months Ended June 30, 2018 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
Commodity contracts |  | $ | 28 |  |  | Operating revenue
|  |  | 2 |  |  | Purchased gas
|  |  | (7 | ) |  | Electric fuel and other energy-related purchases
Interest rate contracts |  |  | 24 |  |  | Interest and related charges
Foreign currency contracts |  |  | 8 |  |  | Other income
Total |  |  | 55 |  |  |
Tax |  |  | (14 | ) |  | Income tax expense
Total, net of tax |  | $ | 41 |  |  |
Unrealized (gains) and losses on investment securities: |  |  |  |  |  |
Realized (gain) loss on sale of securities |  | $ | 2 |  |  | Other income
Total |  |  | 2 |  |  |
Tax |  |  | (1 | ) |  | Income tax expense
Total, net of tax |  | $ | 1 |  |  |
Unrecognized pension and other postretirement benefit costs: |  |  |  |  |  |
Amortization of prior-service costs (credits) |  | $ | (11 | ) |  | Other income
Amortization of actuarial losses |  |  | 61 |  |  | Other income
Total |  |  | 50 |  |  |
Tax |  |  | (8 | ) |  | Income tax expense
Total, net of tax |  | $ | 42 |  |  |
Six Months Ended June 30, 2017 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
Commodity contracts |  | $ | (81 | ) |  | Operating revenue
|  |  | (2 | ) |  | Electric fuel and other energy-related purchases
Interest rate contracts |  |  | 23 |  |  | Interest and related charges
Foreign currency contracts |  |  | (6 | ) |  | Other income
Total |  |  | (66 | ) |  |
Tax |  |  | 25 |  |  | Income tax expense
Total, net of tax |  | $ | (41 | ) |  |
Unrealized (gains) and losses on investment securities: |  |  |  |  |  |
Realized (gain) loss on sale of securities |  | $ | (64 | ) |  | Other income
Impairment |  |  | 14 |  |  | Other income
Total |  |  | (50 | ) |  |
Tax |  |  | 18 |  |  | Income tax expense
Total, net of tax |  | $ | (32 | ) |  |
Unrecognized pension and other postretirement benefit costs: |  |  |  |  |  |
Amortization of prior-service costs (credits) |  | $ | (9 | ) |  | Other income
Amortization of actuarial losses |  |  | 51 |  |  | Other income
Total |  |  | 42 |  |  |
Tax |  |  | (18 | ) |  | Income tax expense
Total, net of tax |  | $ | 24 |  |  |
Virginia Power 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) |  |  |  |  |  |  |  |  |  |  |  |
Three Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (10 | ) |  | $ | 1 |  |  | $ | (9 | )
Other comprehensive income before reclassifications: gains (losses) |  |  | 2 |  |  |  | (2 | ) |  |  | — |
Amounts reclassified from AOCI: (gains) losses |  |  | — |  |  |  | — |  |  |  | — |
Net current period other comprehensive income (loss) |  |  | 2 |  |  |  | (2 | ) |  |  | — |
Ending balance |  | $ | (8 | ) |  | $ | (1 | ) |  | $ | (9 | )
Three Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (8 | ) |  | $ | 58 |  |  | $ | 50 |
Other comprehensive income before reclassifications: gains (losses) |  |  | (3 | ) |  |  | 4 |  |  |  | 1 |
Amounts reclassified from AOCI: (gains) losses(1) |  |  | 1 |  |  |  | (1 | ) |  |  | — |
Net current period other comprehensive income (loss) |  |  | (2 | ) |  |  | 3 |  |  |  | 1 |
Ending balance |  | $ | (10 | ) |  | $ | 61 |  |  | $ | 51 |
Six Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (12 | ) |  | $ | 74 |  |  | $ | 62 |
Other comprehensive income before reclassifications: gains (losses) |  |  | 7 |  |  |  | (2 | ) |  |  | 5 |
Amounts reclassified from AOCI: (gains) losses |  |  | — |  |  |  | — |  |  |  | — |
Net current period other comprehensive income (loss) |  |  | 7 |  |  |  | (2 | ) |  |  | 5 |
Cumulative-effect of changes in accounting principle |  |  | (3 | ) |  |  | (73 | ) |  |  | (76 | )
Ending balance |  | $ | (8 | ) |  | $ | (1 | ) |  | $ | (9 | )
Six Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (8 | ) |  | $ | 54 |  |  | $ | 46 |
Other comprehensive income before reclassifications: gains (losses) |  |  | (3 | ) |  |  | 11 |  |  |  | 8 |
Amounts reclassified from AOCI: (gains) losses(1) |  |  | 1 |  |  |  | (4 | ) |  |  | (3 | )
Net current period other comprehensive income (loss) |  |  | (2 | ) |  |  | 7 |  |  |  | 5 |
Ending balance |  | $ | (10 | ) |  | $ | 61 |  |  | $ | 51 |
| (1) | See table below for details about these reclassifications.
The following table presents Virginia Power’s reclassifications out of AOCI by component. Reclassifications out of AOCI were immaterial for the three and six months ended June 30, 2018.
Details about AOCI components |  | Amounts reclassified from AOCI |  |  | Affected line item in the Consolidated Statements of Income
(millions) |  |  |  |  |  |
Three Months Ended June 30, 2017 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
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 |  | $ | (1 | ) |  | Other income
Total |  |  | (1 | ) |  |
Tax |  |  | — |  |  | Income tax expense
Total, net of tax |  | $ | (1 | ) |  |
Six Months Ended June 30, 2017 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
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 |  | $ | (7 | ) |  | Other income
Impairment |  |  | 1 |  |  | Other income
Total |  |  | (6 | ) |  |
Tax |  |  | 2 |  |  | Income tax expense
Total, net of tax |  | $ | (4 | ) |  |
Dominion Energy Gas The following table presents Dominion Energy Gas’ changes in AOCI by component, net of tax:
|  | Deferred gains and losses on derivatives- hedging activities |  |  | Unrecognized pension costs |  |  | Total |
(millions) |  |  |  |  |  |  |  |  |  |  |  |
Three Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (18 | ) |  | $ | (95 | ) |  | $ | (113 | )
Other comprehensive income before reclassifications: gains (losses) |  |  | (20 | ) |  |  | — |  |  |  | (20 | )
Amounts reclassified from AOCI: (gains) losses(1) |  |  | 14 |  |  |  | 1 |  |  |  | 15 |
Net current period other comprehensive income (loss) |  |  | (6 | ) |  |  | 1 |  |  |  | (5 | )
Ending balance |  | $ | (24 | ) |  | $ | (94 | ) |  | $ | (118 | )
Three Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (22 | ) |  | $ | (99 | ) |  | $ | (121 | )
Other comprehensive income before reclassifications: gains (losses) |  |  | 11 |  |  |  | — |  |  |  | 11 |
Amounts reclassified from AOCI: (gains) losses(1) |  |  | (12 | ) |  |  | 2 |  |  |  | (10 | )
Net current period other comprehensive income (loss) |  |  | (1 | ) |  |  | 2 |  |  |  | 1 |
Ending balance |  | $ | (23 | ) |  | $ | (97 | ) |  | $ | (120 | )
Six Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (23 | ) |  | $ | (75 | ) |  | $ | (98 | )
Other comprehensive income before reclassifications: gains (losses) |  |  | (7 | ) |  |  | — |  |  |  | (7 | )
Amounts reclassified from AOCI: (gains) losses(1) |  |  | 11 |  |  |  | 2 |  |  |  | 13 |
Net current period other comprehensive income (loss) |  |  | 4 |  |  |  | 2 |  |  |  | 6 |
Cumulative-effect of changes in accounting principle |  |  | (5 | ) |  |  | (21 | ) |  |  | (26 | )
Ending balance |  | $ | (24 | ) |  | $ | (94 | ) |  | $ | (118 | )
Six Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (24 | ) |  | $ | (99 | ) |  | $ | (123 | )
Other comprehensive income before reclassifications: gains (losses) |  |  | 2 |  |  |  | — |  |  |  | 2 |
Amounts reclassified from AOCI: (gains) losses(1) |  |  | (1 | ) |  |  | 2 |  |  |  | 1 |
Net current period other comprehensive income (loss) |  |  | 1 |  |  |  | 2 |  |  |  | 3 |
Ending balance |  | $ | (23 | ) |  | $ | (97 | ) |  | $ | (120 | )
(1) | See table below for details about these reclassifications.
The following table presents Dominion Energy 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) |  |  |  |  |  |
Three Months Ended June 30, 2018 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
Commodity contracts |  | $ | 2 |  |  | Operating revenue
Interest rate contracts |  |  | 1 |  |  | Interest and related charges
Foreign currency contracts |  |  | 16 |  |  | Other income
Total |  |  | 19 |  |  |
Tax |  |  | (5 | ) |  | Income tax expense
Total, net of tax |  | $ | 14 |  |  |
Unrecognized pension costs: |  |  |  |  |  |
Actuarial losses |  | $ | 1 |  |  | Other income
Total |  |  | 1 |  |  |
Tax |  |  | — |  |  | Income tax expense
Total, net of tax |  | $ | 1 |  |  |
Three Months Ended June 30, 2017 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
Commodity contracts |  | $ | (1 | ) |  | Operating revenue
Interest rate contracts |  |  | 1 |  |  | Interest and related charges
Foreign currency contracts |  |  | (19 | ) |  | Other income
Total |  |  | (19 | ) |  |
Tax |  |  | 7 |  |  | Income tax expense
Total, net of tax |  | $ | (12 | ) |  |
Unrecognized pension costs: |  |  |  |  |  |
Actuarial losses |  | $ | 2 |  |  | Other income
Total |  |  | 2 |  |  |
Tax |  |  | — |  |  | Income tax expense
Total, net of tax |  | $ | 2 |  |  |
Six Months Ended June 30, 2018 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
Commodity contracts |  | $ | 5 |  |  | Operating revenue
Interest rate contracts |  |  | 2 |  |  | Interest and related charges
Foreign currency contracts |  |  | 8 |  |  | Other income
Total |  |  | 15 |  |  |
Tax |  |  | (4 | ) |  | Income tax expense
Total, net of tax |  | $ | 11 |  |  |
Unrecognized pension costs: |  |  |  |  |  |
Actuarial losses |  | $ | 3 |  |  | Other income
Total |  |  | 3 |  |  |
Tax |  |  | (1 | ) |  | Income tax expense
Total, net of tax |  | $ | 2 |  |  |
Six Months Ended June 30, 2017 |  |  |  |  |  |
Deferred (gains) and losses on derivatives-hedging activities: |  |  |  |  |  |
Commodity contracts |  | $ | 3 |  |  | Operating revenue
Interest rate contracts |  |  | 2 |  |  | Interest and related charges
Foreign currency contracts |  |  | (6 | ) |  | Other income
Total |  |  | (1 | ) |  |
Tax |  |  | — |  |  | Income tax expense
Total, net of tax |  | $ | (1 | ) |  |
Unrecognized pension costs: |  |  |  |  |  |
Actuarial losses |  | $ | 3 |  |  | Other income
Total |  |  | 3 |  |  |
Tax |  |  | (1 | ) |  | Income tax expense
Total, net of tax |  | $ | 2 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration