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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Computation

The following table presents the calculation of Dominion Energy’s basic and diluted EPS:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

(millions, except EPS)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Dominion Energy

 

$

(1,169

)

 

$

54

 

 

$

(1,439

)

 

$

(626

)

Preferred stock dividends (see Note 16)

 

 

(16

)

 

 

—

 

 

 

(32

)

 

 

—

 

Net income (loss) attributable to Dominion Energy – Basic

 

 

(1,185

)

 

 

54

 

 

 

(1,471

)

 

 

(626

)

Dilutive effect of Series A Preferred Stock

 

 

—

 

 

 

(13

)

 

 

—

 

 

 

—

 

Net income (loss) attributable to Dominion Energy - Diluted

 

 

(1,185

)

 

 

41

 

 

 

(1,471

)

 

 

(626

)

Average shares of common stock outstanding – Basic &

    Diluted

 

 

839.4

 

 

 

802.5

 

 

 

838.8

 

 

 

797.8

 

Net effect of dilutive securities

 

 

—

 

 

 

0.1

 

 

 

—

 

 

 

—

 

Average shares of common stock outstanding – Diluted

 

 

839.4

 

 

 

802.6

 

 

 

838.8

 

 

 

797.8

 

Earnings Per Common Share – Basic

 

$

(1.41

)

 

$

0.07

 

 

$

(1.75

)

 

$

(0.78

)

Earnings Per Common Share – Diluted

 

$

(1.41

)

 

$

0.05

 

 

$

(1.75

)

 

$

(0.78

)