XML 35 R49.htm IDEA: XBRL DOCUMENT
v3.19.3

Leases (Tables) | Nov. 18, 2019
--- | ---
Leases [Abstract] |
Lease Assets and Liabilities Recorded in Consolidated Balance Sheets | At September 30, 2019, the Companies had the following lease assets and liabilities recorded in the Consolidated Balance Sheets:
|  | September 30, 2019 |
(millions) |  |  |
Dominion Energy |  |  |  |
Lease assets: |  |  |  |
Operating lease assets |  | $ | 455 |
Finance lease assets (1) |  |  | 159 |
Total lease assets |  | $ | 614 |
Lease liabilities: |  |  |  |
Operating lease liabilities (2) |  | $ | 58 |
Finance lease liabilities (3) |  |  | 30 |
Total lease liabilities - current |  |  | 88 |
Operating lease liabilities |  |  | 394 |
Finance lease liabilities (4) |  |  | 132 |
Total lease liabilities - noncurrent |  |  | 526 |
Total lease liabilities |  | $ | 614 |
Virginia Power |  |  |  |
Operating lease assets |  | $ | 184 |
Finance lease assets (1) |  |  | 15 |
Total lease assets |  | $ | 199 |
Lease liabilities: |  |  |  |
Operating lease liabilities (2) |  | $ | 30 |
Finance lease liabilities (3) |  |  | 3 |
Total lease liabilities - current |  |  | 33 |
Operating lease liabilities |  |  | 152 |
Finance lease liabilities (4) |  |  | 11 |
Total lease liabilities - noncurrent |  |  | 163 |
Total lease liabilities |  | $ | 196 |
Dominion Energy Gas |  |  |  |
Operating lease assets |  | $ | 37 |
Finance lease assets (1) |  |  | 4 |
Total lease assets (5) |  | $ | 41 |
Lease liabilities: |  |  |  |
Operating lease liabilities (2) |  | $ | 6 |
Finance lease liabilities (3) |  |  | 1 |
Total lease liabilities - current |  |  | 7 |
Operating lease liabilities |  |  | 31 |
Finance lease liabilities (4) |  |  | 4 |
Total lease liabilities - noncurrent |  |  | 35 |
Total lease liabilities (5) |  | $ | 42 |
(1) | Included in property, plant and equipment in the Companies’ Consolidated Balance Sheets, net of $ 39 million, $ 3 million and $ 1 million of accumulated amortization at Dominion Energy, Virginia Power and Dominion Energy Gas, respectively, at September 30, 2019.
(2) | Included in other current liabilities in the Companies’ Consolidated Balance Sheets.
(3) | Included in securities due within one year in the Companies’ Consolidated Balance Sheets.
(4) | Included in long-term debt in the Companies’ Consolidated Balance Sheets.
(5) | Excludes $ 26 million of lease assets recorded in assets of discontinued operations and $ 24 million for lease liabilities recorded in liabilities of discontinued operations.
Summary of Total Lease Cost | For the three and nine months ended September 30, 2019, total lease cost associated with the Companies’ lessee leasing arrangements consisted of the following:
|  | Three Months Ended September 30, 2019 |  |  | Nine Months Ended September 30, 2019 |
(millions) |  |  |  |  |  |
Dominion Energy |  |  |  |  |  |  |  |
Finance lease cost: |  |  |  |  |  |  |  |
Amortization |  | $ | 7 |  |  | $ | 14 |
Interest |  |  | 1 |  |  |  | 3 |
Operating lease cost |  |  | 20 |  |  |  | 64 |
Short-term lease cost |  |  | 7 |  |  |  | 20 |
Variable lease cost |  |  | 1 |  |  |  | 4 |
Total lease cost |  | $ | 36 |  |  | $ | 105 |
Virginia Power |  |  |  |  |  |  |  |
Operating lease cost |  | $ | 10 |  |  | $ | 31 |
Short-term lease cost |  |  | 3 |  |  |  | 7 |
Variable lease cost |  |  | 1 |  |  |  | 2 |
Total lease cost |  | $ | 14 |  |  | $ | 40 |
Dominion Energy Gas |  |  |  |  |  |  |  |
Operating lease cost |  | $ | 1 |  |  | $ | 5 |
Short-term lease cost |  |  | 2 |  |  |  | 5 |
Total lease cost |  | $ | 3 |  |  | $ | 10 |
Cash Paid for Amounts Included in Measurement of Lease Liabilities | For the nine months ended September 30, 2019, cash paid for amounts included in the measurement of lease liabilities consisted of the following amounts, included in the Companies’ Consolidated Statements of Cash Flows:
|  | Nine Months Ended September 30, 2019 |
(millions) |  |  |
Dominion Energy |  |  |  |
Operating cash flows for finance leases |  | $ | 3 |
Operating cash flows for operating leases |  |  | 89 |
Financing cash flows for finance leases |  |  | 12 |
Virginia Power |  |  |  |
Operating cash flows for operating leases |  |  | 40 |
Dominion Energy Gas |  |  |  |
Operating cash flows for operating leases |  |  | 10 |
Weighted Average Remaining Lease Term and Weighted Discounted Rate for Finance and Operating Leases | At September 30, 2019, the weighted average remaining lease term and weighted discount rate for the Companies’ finance and operating leases were as follows:
|  | September 30, 2019 |
Dominion Energy |  |  |  |
Weighted average remaining lease term - finance leases |  |  | 6 years |
Weighted average remaining lease term - operating leases |  |  | 21 years |
Weighted average discount rate - finance leases |  |  | 4.36% |
Weighted average discount rate - operating leases |  |  | 4.58% |
Virginia Power |  |  |  |
Weighted average remaining lease term - finance leases |  |  | 6 years |
Weighted average remaining lease term - operating leases |  |  | 17 years |
Weighted average discount rate - finance leases |  |  | 4.65% |
Weighted average discount rate - operating leases |  |  | 4.51% |
Dominion Energy Gas |  |  |  |
Weighted average remaining lease term - finance leases |  |  | 6 years |
Weighted average remaining lease term - operating leases |  |  | 9 years |
Weighted average discount rate - finance leases |  |  | 4.55% |
Weighted average discount rate - operating leases |  |  | 4.43% |
Scheduled Maturities of Lease Liabilities | The Companies’ lease liabilities have the following scheduled maturities:
Maturity of Lease Liabilities |  | Dominion Energy |  |  | Virginia Power |  |  | Dominion Energy Gas (1) |
(millions) |  | Operating |  |  | Finance |  |  | Operating |  |  | Finance |  |  | Operating |  |  | Finance |
2019 |  | $ | 18 |  |  | $ | 10 |  |  | $ | 8 |  |  | $ | 1 |  |  | $ | 5 |  |  | $ | 1 |
2020 |  |  | 68 |  |  |  | 39 |  |  |  | 33 |  |  |  | 3 |  |  |  | 13 |  |  |  | 2 |
2021 |  |  | 61 |  |  |  | 33 |  |  |  | 29 |  |  |  | 3 |  |  |  | 11 |  |  |  | 2 |
2022 |  |  | 50 |  |  |  | 31 |  |  |  | 23 |  |  |  | 3 |  |  |  | 9 |  |  |  | 2 |
2023 |  |  | 40 |  |  |  | 28 |  |  |  | 18 |  |  |  | 2 |  |  |  | 6 |  |  |  | 2 |
After 2023 |  |  | 538 |  |  |  | 49 |  |  |  | 160 |  |  |  | 4 |  |  |  | 25 |  |  |  | 3 |
Total undiscounted lease payments |  |  | 775 |  |  |  | 190 |  |  |  | 271 |  |  |  | 16 |  |  |  | 69 |  |  |  | 12 |
Present value adjustment |  |  | (323 | ) |  |  | (28 | ) |  |  | (89 | ) |  |  | (2 | ) |  |  | (13 | ) |  |  | (2 | )
Present value of lease liabilities |  | $ | 452 |  |  | $ | 162 |  |  | $ | 182 |  |  | $ | 14 |  |  | $ | 56 |  |  | $ | 10 |
(1) | Includes amounts reflected in discontinued operations.

X
- Definition Schedule of lease assets and liabilities recorded in consolidated balance sheets. + References No definition available. + Details
Name: | d_ScheduleOfLeaseAssetsAndLiabilitiesRecordedInConsolidatedBalanceSheetsTableTextBlock
Namespace Prefix: | d_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of maturity analysis of operating and finance lease liabilities. + References No definition available. + Details
Name: | d_ScheduleOfMaturityAnalysisOfOperatingAndFinanceLeaseLiabilitiesTableTextBlock
Namespace Prefix: | d_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of cash paid for amounts included in measurement of lease liabilities in consolidated statements of cash flows. + References No definition available. + Details
Name: | d_SummaryOfCashPaidForAmountsIncludedInMeasurementOfLeaseLiabilitiesInConsolidatedStatementsOfCashFlowsTableTextBlock
Namespace Prefix: | d_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of weighted average remaining lease term and discount rate for operating and finance leases. + References No definition available. + Details
Name: | d_SummaryOfWeightedAverageRemainingLeaseTermAndDiscountRateForOperatingAndFinanceLeasesTableTextBlock
Namespace Prefix: | d_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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