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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net income (loss) including noncontrolling interests $ (619) $ 1,004
Net income (626) 952
Adjustments to reconcile net income (loss) including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 1,472 1,106
Deferred income taxes and investment tax credits 107 229
Provision for refunds and rate credits to electric utility customers 953 215
Impairment of assets and other charges 1,012 129
Charge related to a voluntary retirement program 409  
Net gains on nuclear decommissioning trust funds and other investments (371) (40)
Charge associated with future ash pond and landfill closure costs   81
Revision to future ash pond and landfill closure costs (113)  
Other adjustments 4 (46)
Changes in:    
Accounts receivable 492 158
Inventories (14) 31
Deferred fuel and purchased gas costs, net 120 (295)
Prepayments 22 (15)
Accounts payable (446) (151)
Accrued interest, payroll and taxes (264) (90)
Customer deposits (85) 108
Margin deposit assets and liabilities 113 (34)
Net realized and unrealized changes related to derivative activities (11) 82
Other operating assets and liabilities (468) (47)
Net cash provided by operating activities 2,313 2,425
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (2,112) (2,046)
Cash and restricted cash acquired in the SCANA Combination 389  
Acquisition of solar development projects (152) (51)
Proceeds from sales of securities 882 844
Purchases of securities (888) (890)
Proceeds from sales of assets and equity method investments 196 44
Contributions to equity method affiliates (132) (134)
Other (16) (3)
Net cash used in investing activities (1,833) (2,236)
Financing Activities    
Issuance (repayment) of short-term debt, net 2,040 (553)
Issuance of short-term notes   1,450
Credit facility borrowings   73
Repayment of credit facility borrowings (113)  
Issuance of long-term debt 798 2,400
Repayment of long-term debt, including redemption premiums (3,378) (2,840)
Issuance of 2019 Equity Units 1,582  
Issuance of common stock 325 662
Common dividend payments (1,469) (1,089)
Other (96) (123)
Net cash used in financing activities (311) (20)
Increase in cash, restricted cash and equivalents 169 169
Cash, restricted cash and equivalents at beginning of period 391 185
Cash, restricted cash and equivalents at end of period 560 354
Significant noncash investing and financing activities:    
Accrued capital expenditures [1],[2],[3] 311 253
Leases [4] 24  
Financing leases 22  
Virginia Electric and Power Company    
Operating Activities    
Net income 120 523
Adjustments to reconcile net income (loss) including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 690 632
Deferred income taxes and investment tax credits (43) 137
Impairment of assets and other charges 608  
Charge related to a voluntary retirement program 190  
Charge associated with future ash pond and landfill closure costs   81
Revision to future ash pond and landfill closure costs (113)  
Provision for rate credits to customers   215
Other adjustments (51) (19)
Changes in:    
Accounts receivable 68 (26)
Affiliated receivables and payables (179) (86)
Inventories (30) 36
Deferred fuel and purchased gas costs, net 153 (357)
Prepayments (4) (6)
Accounts payable (35) (45)
Accrued interest, payroll and taxes 14 13
Net realized and unrealized changes related to derivative activities 17 54
Other operating assets and liabilities (345) 64
Asset retirement obligations 14 (18)
Net cash provided by operating activities 1,074 1,198
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (1,079) (1,170)
Purchases of nuclear fuel (67) (55)
Acquisition of solar development projects (150) (43)
Proceeds from sales of securities 447 414
Purchases of securities (478) (436)
Other (11) 4
Net cash used in investing activities (1,338) (1,286)
Financing Activities    
Issuance (repayment) of short-term debt, net 986 616
Issuance of long-term debt 198 700
Issuance (repayment) of affiliated current borrowings, net (153) (8)
Repayment of long-term debt, including redemption premiums (589) (951)
Common dividend payments (189) (257)
Other (2) (6)
Net cash used in financing activities 251 94
Increase in cash, restricted cash and equivalents (13) 6
Cash, restricted cash and equivalents at beginning of period 38 24
Cash, restricted cash and equivalents at end of period 25 30
Significant noncash investing and financing activities:    
Accrued capital expenditures [2] 193 159
Financing leases [2] 9  
Dominion Energy Gas Holdings, LLC    
Operating Activities    
Net income 163 181
Adjustments to reconcile net income (loss) including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 124 120
Deferred income taxes and investment tax credits 22 27
Impairment of assets and other charges 13 126
Charge related to a voluntary retirement program 62  
Other adjustments (16) (1)
Changes in:    
Accounts receivable 71 67
Affiliated receivables and payables (57) (68)
Inventories (24) (18)
Deferred fuel and purchased gas costs, net 8 8
Prepayments 36 26
Accounts payable (102) (101)
Accrued interest, payroll and taxes (54) (51)
Pension and other postretirement benefits (66) (72)
Other operating assets and liabilities (77) 7
Gains on sales of assets   (44)
Net cash provided by operating activities 103 207
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (292) (316)
Proceeds from assignments of shale development rights   44
Other 4 (6)
Net cash used in investing activities (288) (278)
Financing Activities    
Issuance (repayment) of short-term debt, net 240 (441)
Issuance of long-term debt   500
Issuance (repayment) of affiliated current borrowings, net (68) 38
Distribution payments to parent   (25)
Other   (2)
Net cash used in financing activities 172 70
Increase in cash, restricted cash and equivalents (13) (1)
Cash, restricted cash and equivalents at beginning of period 34 30
Cash, restricted cash and equivalents at end of period 21 29
Significant noncash investing and financing activities:    
Accrued capital expenditures [2] 25 $ 51
Financing leases [2] $ 6  
[1] See Note 17 for noncash financing activities related to the acquisition of the public interest in Dominion Energy Midstream, the remarketing of RSNs and the issuance of stock purchase contracts associated with the 2019 Equity Units.
[2] See Note 2 for noncash investing and financing activities related to the adoption of a new accounting standard for leasing arrangements.
[3] See Note 3 for noncash investing and financing activities related to the SCANA Combination.
[4] Includes $22 million of financing leases and $2 million of operating leases.