Dominion Energy, Inc(NYSE:D) 
Dominion Energy, Inc. produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to re...
Website: http://www.dominionenergy.com
Founded: 1983
Full Time Employees: 19,100
Sector: Utilities
Industry: Utilities-Diversified
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At a glance:
- Regulated Utility Earnings Anchor the Story: Dominion Energy’s core regulated electric and gas utility operations are the primary driver of earnings and cash flow, generally offering more stable, rate-based returns than merchant generation.
- Capital Investment Cycle Focused on Grid Reliability and Energy Transition: The company continues to pursue a multi-year capital spending program tied to transmission and distribution upgrades, reliability, and cleaner-energy initiatives—supporting rate base growth but elevating near-term capex needs.
- Balance Sheet and Financing Costs Remain Key Watch Items: Given the capital intensity of regulated utilities, leverage levels, refinancing needs, and interest-rate sensitivity are central to the equity narrative, influencing credit metrics and the cost of capital.
- Regulatory Outcomes Drive Forward Returns: Rate case decisions, allowed returns on equity, recovery mechanisms, and policy developments in Dominion’s jurisdictions can materially affect earnings visibility and the pace at which investments are translated into customer rates.
- Dividend Policy and Payout Sustainability in Focus: Investors often evaluate Dominion through the lens of dividend yield and growth; payout sustainability depends on earnings growth, capital spending requirements, and access to attractively priced financing.
Bull Thesis:
- Strategic Focus on Regulated Utility Operations: Dominion Energy has significantly streamlined its business by divesting non-core assets, such as its gas transmission and storage operations. This strategic shift focuses the company entirely on stable, regulated electric and natural gas utility operations, which typically offer predictable earnings and cash flows, reducing exposure to commodity price volatility.
- Massive Investment in Offshore Wind (CVOW): The Coastal Virginia Offshore Wind (CVOW) project represents a multi-billion dollar, long-term growth driver. As a regulated asset, its costs are generally recoverable through rates, providing a stable return on equity for decades once operational. This project aligns with state clean energy mandates and strong ESG investment trends, positioning Dominion as a leader in renewable energy.
- Supportive Regulatory Environment in Virginia: Virginia's regulatory framework, particularly with the passage of the Virginia Clean Economy Act, is generally supportive of utility investments in clean energy. This environment provides a clear path for Dominion to execute its capital expenditure plans, including CVOW, with reasonable assurance of cost recovery and allowed returns, fostering long-term stability.
- Improved Financial Health and Balance Sheet: Proceeds from recent asset sales have been primarily used to reduce debt, significantly strengthening Dominion's balance sheet and improving its credit metrics. This deleveraging reduces financial risk, enhances financial flexibility, and positions the company for more sustainable growth and a more secure dividend.
Bear Thesis:
- Substantial Debt Load and Interest Rate Sensitivity: Despite recent debt reduction efforts, Dominion Energy still carries a significant amount of debt. In an environment of rising interest rates, the cost of servicing this debt increases, which can put pressure on earnings, free cash flow, and potentially limit future capital allocation flexibility.
- Execution Risk on Large Capital Projects (CVOW): The Coastal Virginia Offshore Wind project is an unprecedented undertaking in the U.S. in terms of scale and complexity. There is inherent execution risk, including potential for cost overruns, construction delays, supply chain disruptions, and unforeseen technical challenges, which could impact project economics and regulatory recovery.
- Regulatory Scrutiny and Rate Case Challenges: While Virginia's regulatory environment is generally supportive, large capital expenditures like CVOW will necessitate significant rate increases for customers. This can lead to increased regulatory scrutiny, potential pushback from consumer advocates, and the risk of lower-than-expected allowed returns or delays in cost recovery during future rate cases.
- Inflationary Pressures on Capital Expenditures: High inflation can significantly increase the cost of materials, labor, and services required for Dominion's extensive capital expenditure program, including the CVOW project. If these increased costs are not fully and timely recoverable through regulated rates, it could erode project returns and put pressure on the company's financial performance.
Main Competitors:
- NextEra Energy, Inc. ($NEE) (Florida Power & Light, NextEra Energy Resources), Competes with Dominion Energy in the broader energy generation and infrastructure market, particularly through its NextEra Energy Resources segment which develops, owns, and operates large-scale renewable energy projects (wind, solar, battery storage) and sells power into wholesale markets. This directly competes with Dominion's generation and renewable development efforts. Both also compete for capital and talent in the utility sector.
- Duke Energy Corporation ($DUK) (Electric & Gas Utilities (NC, SC, FL, IN, OH, KY)), As a large, diversified regulated utility operating in adjacent and overlapping regions (e.g., North Carolina, South Carolina), Duke Energy competes with Dominion for regional influence, regulatory policy, and large-scale infrastructure projects. Both participate in wholesale power markets and operate significant natural gas transmission and distribution assets, leading to competition for new projects and market share in the Southeast.
- Kinder Morgan, Inc. ($KMI) (Natural Gas Pipelines & Terminals), Dominion Energy has a substantial natural gas transmission and storage business. Kinder Morgan, as one of the largest energy infrastructure companies in North America, directly competes with Dominion for new natural gas pipeline projects, expansions, and securing contracts for gas transportation and storage services from producers, local distribution companies, and power generators.
- Vistra Corp. ($VST) (Power Generation & Retail Electricity), Vistra operates as a large independent power producer (IPP) with a diverse fleet of generation assets (natural gas, nuclear, coal, renewables). It competes with Dominion in wholesale power markets where both sell and buy electricity. Vistra's development of new generation, especially renewables and battery storage, also puts it in competition with Dominion's own generation expansion plans and resource procurement strategies.
Moat:
Dominion Energy operates primarily as a regulated electric and natural gas utility, granting it a significant moat in its exclusive service territories for transmission and distribution. However, it faces competition in several key areas: wholesale power markets (from IPPs like Vistra and other utilities like NextEra), new infrastructure development (for natural gas pipelines with companies like Kinder Morgan, and renewable projects with NextEra), and for capital and talent within the broader energy sector. Indirect competition also comes from distributed energy resources like rooftop solar and energy efficiency, which can reduce demand for grid power. While its regulated core provides stability, growth and profitability in its non-regulated segments and new project development are subject to more direct market competition.
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-03-31 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-03-31 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating revenue | 4,093,000,000 | 4,527,000,000 | 3,810,000,000 | 4,076,000,000 | 3,400,000,000 | 3,941,000,000 | 3,486,000,000 | 229,000,000 | 3,534,000,000 | 3,810,000,000 | 3,794,000,000 | 5,252,000,000 | 4,386,000,000 | 3,596,000,000 | 4,279,000,000 | 3,176,000,000 | 3,038,000,000 | 3,870,000,000 | 4,496,000,000 | 3,970,000,000 | 3,858,000,000 | 3,361,000,000 | 3,451,000,000 | 3,088,000,000 | 3,466,000,000 | 3,210,000,000 | 3,179,000,000 | 2,813,000,000 | 3,384,000,000 | 3,086,000,000 | 3,132,000,000 | 2,598,000,000 | 2,921,000,000 | 2,556,000,000 | 2,971,000,000 | 3,409,000,000 | 2,813,000,000 | 3,630,000,000 | 3,185,000,000 | 3,432,000,000 | 2,980,000,000 | 3,523,000,000 | 3,167,000,000 | 3,411,000,000 | 3,053,000,000 | 3,492,000,000 | 3,178,000,000 | 3,803,000,000 | 3,341,000,000 | 4,057,000,000 | 3,746,000,000 | 3,950,000,000 | 3,333,000,000 | 4,168,000,000 | 3,255,000,000 | 3,648,000,000 | 3,450,000,000 | 4,778,000,000 | |
yoy | 20.38% | 14.87% | 9.29% | 1679.91% | -3.79% | 3.44% | -8.12% | -95.64% | -19.43% | 5.95% | -11.33% | 65.37% | 44.37% | -7.08% | -4.83% | -20.00% | -21.25% | 15.14% | 30.28% | 28.56% | 11.31% | 4.70% | 8.56% | 9.78% | 2.42% | 4.02% | 1.50% | 8.28% | 15.85% | 20.74% | 5.42% | -23.79% | 3.84% | -29.59% | -6.72% | -0.67% | -5.60% | 3.04% | 0.57% | 0.62% | -2.39% | 0.89% | -0.35% | -10.31% | -8.62% | -13.93% | -15.16% | -3.72% | 0.24% | -2.66% | 15.08% | 8.28% | -3.39% | -12.77% | |||||
qoq | -9.59% | 18.82% | -6.53% | 19.88% | -13.73% | 13.05% | 1422.27% | -93.52% | -7.24% | 0.42% | -27.76% | 19.74% | 21.97% | -15.96% | 34.73% | 4.54% | -21.50% | -13.92% | 13.25% | 2.90% | 14.79% | -2.61% | 11.76% | -10.91% | 7.98% | 0.98% | 13.01% | -16.87% | 9.66% | -1.47% | 20.55% | -11.06% | 14.28% | -13.97% | -12.85% | 21.19% | -22.51% | 13.97% | -7.20% | 15.17% | -15.41% | 11.24% | -7.15% | 11.73% | -12.57% | 9.88% | -16.43% | 13.83% | -17.65% | 8.30% | -5.16% | 18.51% | -20.03% | 28.05% | -10.77% | 5.74% | -27.79% | ||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
electric fuel and other energy-related purchases | 1,244,000,000 | 1,337,000,000 | 946,000,000 | 962,000,000 | 827,000,000 | 910,000,000 | 918,000,000 | 925,000,000 | 1,049,000,000 | 939,000,000 | 1,022,000,000 | 1,217,000,000 | 730,000,000 | 678,000,000 | 703,000,000 | 487,000,000 | 550,000,000 | 668,000,000 | 718,000,000 | 791,000,000 | 686,000,000 | 761,000,000 | 623,000,000 | 744,000,000 | 590,000,000 | 638,000,000 | 498,000,000 | 575,000,000 | 542,000,000 | 606,000,000 | 551,000,000 | 634,000,000 | 545,000,000 | 636,000,000 | 953,000,000 | 633,000,000 | 1,334,000,000 | 952,000,000 | 1,107,000,000 | 875,000,000 | 951,000,000 | 855,000,000 | 1,052,000,000 | 906,000,000 | 948,000,000 | 924,000,000 | 1,243,000,000 | 978,000,000 | 1,049,000,000 | 986,000,000 | 1,180,000,000 | 956,000,000 | 1,028,000,000 | 1,074,000,000 | 1,072,000,000 | 998,000,000 | 1,141,000,000 | ||
purchased electric capacity | 19,000,000 | 36,000,000 | 18,000,000 | 9,000,000 | 17,000,000 | 24,000,000 | 21,000,000 | 13,000,000 | 19,000,000 | 15,000,000 | 8,000,000 | 16,000,000 | 16,000,000 | 13,000,000 | 26,000,000 | 25,000,000 | 11,000,000 | 2,000,000 | 24,000,000 | 39,000,000 | 45,000,000 | 68,000,000 | 71,000,000 | 75,000,000 | 94,000,000 | 87,000,000 | 88,000,000 | 91,000,000 | 91,000,000 | 88,000,000 | 88,000,000 | 90,000,000 | 86,000,000 | 98,000,000 | 113,000,000 | 110,000,000 | 109,000,000 | 116,000,000 | 119,000,000 | 120,000,000 | 116,000,000 | 109,000,000 | 108,000,000 | 102,000,000 | 96,000,000 | 105,000,000 | 108,000,000 | ||||||||||||
purchased gas | 76,000,000 | 31,000,000 | 43,000,000 | 147,000,000 | 62,000,000 | 34,000,000 | 44,000,000 | 73,000,000 | 40,000,000 | 227,000,000 | 764,000,000 | 138,000,000 | 202,000,000 | 645,000,000 | 60,000,000 | 121,000,000 | 484,000,000 | 427,000,000 | 227,000,000 | 730,000,000 | 236,000,000 | 5,000,000 | 64,000,000 | 340,000,000 | 260,000,000 | 24,000,000 | 112,000,000 | 305,000,000 | 207,000,000 | 77,000,000 | 56,000,000 | 119,000,000 | 105,000,000 | 85,000,000 | 250,000,000 | 324,000,000 | 540,000,000 | 335,000,000 | 232,000,000 | 297,000,000 | 467,000,000 | 359,000,000 | 191,000,000 | 215,000,000 | 412,000,000 | 422,000,000 | 335,000,000 | 365,000,000 | 642,000,000 | 500,000,000 | 367,000,000 | 391,000,000 | 792,000,000 | 596,000,000 | 279,000,000 | 368,000,000 | 1,138,000,000 | ||
other operations and maintenance | 916,000,000 | 850,000,000 | 883,000,000 | 898,000,000 | 992,000,000 | 900,000,000 | 841,000,000 | 795,000,000 | 848,000,000 | 932,000,000 | 921,000,000 | 991,000,000 | 985,000,000 | 1,026,000,000 | 924,000,000 | 895,000,000 | 987,000,000 | 1,043,000,000 | 1,283,000,000 | 1,002,000,000 | 873,000,000 | 782,000,000 | 1,007,000,000 | 796,000,000 | 709,000,000 | 649,000,000 | 779,000,000 | 738,000,000 | 931,000,000 | 765,000,000 | 665,000,000 | 703,000,000 | 720,000,000 | 564,000,000 | 602,000,000 | 933,000,000 | 425,000,000 | 583,000,000 | 525,000,000 | 728,000,000 | 623,000,000 | 2,319,000,000 | 1,134,000,000 | 782,000,000 | 647,000,000 | 960,000,000 | 885,000,000 | 777,000,000 | 861,000,000 | 1,015,000,000 | 788,000,000 | 853,000,000 | 1,068,000,000 | 1,100,000,000 | 748,000,000 | 697,000,000 | 1,250,000,000 | ||
depreciation and amortization | 616,000,000 | 609,000,000 | 580,000,000 | 582,000,000 | 554,000,000 | 549,000,000 | 621,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other taxes | 175,000,000 | 195,000,000 | 194,000,000 | 209,000,000 | 175,000,000 | 184,000,000 | 170,000,000 | 167,000,000 | 162,000,000 | 222,000,000 | 275,000,000 | 231,000,000 | 235,000,000 | 253,000,000 | 223,000,000 | 222,000,000 | 257,000,000 | 284,000,000 | 284,000,000 | 292,000,000 | 161,000,000 | 177,000,000 | 166,000,000 | 199,000,000 | 149,000,000 | 162,000,000 | 168,000,000 | 189,000,000 | 148,000,000 | 145,000,000 | 139,000,000 | 164,000,000 | 119,000,000 | 133,000,000 | 165,000,000 | 134,000,000 | 167,000,000 | 121,000,000 | 134,000,000 | 141,000,000 | 167,000,000 | 132,000,000 | 124,000,000 | 146,000,000 | 170,000,000 | 138,000,000 | 130,000,000 | 125,000,000 | 161,000,000 | 127,000,000 | 117,000,000 | 119,000,000 | 169,000,000 | 118,000,000 | 107,000,000 | 109,000,000 | 157,000,000 | ||
impairment of assets and other charges | 291,000,000 | 130,000,000 | 50,000,000 | 46,000,000 | 381,000,000 | 122,000,000 | 67,000,000 | 171,000,000 | -6,000,000 | 53,000,000 | 98,000,000 | 21,000,000 | 415,000,000 | -10,000,000 | -222,000,000 | 321,000,000 | 95,000,000 | 768,000,000 | 312,000,000 | 835,000,000 | |||||||||||||||||||||||||||||||||||||||
total operating expenses | 3,337,000,000 | 3,188,000,000 | 2,714,000,000 | 2,853,000,000 | 3,009,000,000 | 2,723,000,000 | 2,681,000,000 | 2,836,000,000 | 2,775,000,000 | 3,072,000,000 | 3,807,000,000 | 3,314,000,000 | 3,914,000,000 | 3,303,000,000 | 2,335,000,000 | 2,675,000,000 | 2,992,000,000 | 3,865,000,000 | 3,509,000,000 | 4,340,000,000 | 2,527,000,000 | 2,301,000,000 | 2,346,000,000 | 2,591,000,000 | 2,206,000,000 | 1,979,000,000 | 2,012,000,000 | 2,259,000,000 | 2,267,000,000 | 1,987,000,000 | 1,817,000,000 | 2,039,000,000 | 1,918,000,000 | 1,848,000,000 | 2,407,000,000 | 2,419,000,000 | 2,862,000,000 | 2,381,000,000 | 2,398,000,000 | 2,432,000,000 | 2,593,000,000 | 4,059,000,000 | 2,893,000,000 | 2,436,000,000 | 2,577,000,000 | 2,838,000,000 | 2,970,000,000 | 2,616,000,000 | 3,094,000,000 | 3,009,000,000 | 2,831,000,000 | 2,690,000,000 | 3,434,000,000 | 3,305,000,000 | 2,576,000,000 | 2,548,000,000 | 4,073,000,000 | ||
income from operations | 756,000,000 | 1,339,000,000 | 1,096,000,000 | 1,223,000,000 | 391,000,000 | 1,218,000,000 | 805,000,000 | 698,000,000 | 1,035,000,000 | 722,000,000 | 1,445,000,000 | 1,072,000,000 | -318,000,000 | 976,000,000 | 841,000,000 | 363,000,000 | 878,000,000 | 631,000,000 | 461,000,000 | -482,000,000 | 834,000,000 | 1,150,000,000 | 742,000,000 | 875,000,000 | 1,004,000,000 | 1,200,000,000 | 801,000,000 | 1,125,000,000 | 819,000,000 | 1,145,000,000 | 781,000,000 | 882,000,000 | 638,000,000 | 1,123,000,000 | 1,002,000,000 | 394,000,000 | 768,000,000 | 804,000,000 | 1,034,000,000 | 548,000,000 | 930,000,000 | -892,000,000 | 518,000,000 | 617,000,000 | 915,000,000 | 340,000,000 | 833,000,000 | 725,000,000 | 963,000,000 | 737,000,000 | 1,119,000,000 | 3,110,000,000 | 734,000,000 | -50,000,000 | 1,072,000,000 | 902,000,000 | 705,000,000 | ||
yoy | 93.35% | 9.93% | 36.15% | -43.98% | 17.68% | 11.50% | -34.89% | -425.47% | -26.02% | 71.82% | 195.32% | -136.22% | 54.68% | 82.43% | -175.31% | 5.28% | -45.13% | -37.87% | -155.09% | -16.93% | -4.17% | -7.37% | -22.22% | 22.59% | 4.80% | 2.56% | 27.55% | 28.37% | 1.96% | -22.06% | 123.86% | -16.93% | 39.68% | -3.09% | -28.10% | -17.42% | -190.13% | 99.61% | -11.18% | 1.64% | -362.35% | -37.82% | -14.90% | -4.98% | -53.87% | -25.56% | -76.69% | 31.20% | -1574.00% | 4.38% | 244.79% | 4.11% | |||||||
qoq | -43.54% | 22.17% | -10.38% | 212.79% | -67.90% | 51.30% | -32.56% | 43.35% | -50.03% | 34.79% | -437.11% | -132.58% | 16.05% | 131.68% | -58.66% | 39.14% | 36.88% | -195.64% | -157.79% | -27.48% | 54.99% | -15.20% | -12.85% | -16.33% | 49.81% | -28.80% | 37.36% | -28.47% | 46.61% | -11.45% | 38.24% | -43.19% | 12.08% | 154.31% | -48.70% | -4.48% | -22.24% | 88.69% | -41.08% | -204.26% | -272.20% | -16.05% | -32.57% | 169.12% | -59.18% | 14.90% | -24.71% | 30.66% | -34.14% | -64.02% | 323.71% | -1568.00% | -104.66% | 18.85% | 27.94% | ||||
operating margin % | 18.47% | 29.58% | 28.77% | 30.00% | 11.50% | 30.91% | 23.09% | 0% | 19.75% | 27.17% | 19.03% | 27.51% | 24.44% | -8.84% | 22.81% | 26.48% | 11.95% | 22.69% | 14.03% | 11.61% | -12.49% | 24.81% | 33.32% | 24.03% | 25.25% | 31.28% | 37.75% | 28.47% | 33.24% | 26.54% | 36.56% | 30.06% | 30.20% | 24.96% | 37.80% | 29.39% | 14.01% | 21.16% | 25.24% | 30.13% | 18.39% | 26.40% | -28.17% | 15.19% | 20.21% | 26.20% | 10.70% | 21.90% | 21.70% | 23.74% | 19.67% | 28.33% | 93.31% | 17.61% | -1.54% | 29.39% | 26.14% | 14.76% | |
other income | 335,000,000 | 432,000,000 | 442,000,000 | 5,000,000 | -198,000,000 | 335,000,000 | 250,000,000 | -17,000,000 | 346,000,000 | 56,000,000 | 325,000,000 | 284,000,000 | 70,000,000 | -287,000,000 | 46,000,000 | 133,000,000 | 312,000,000 | 367,000,000 | -399,000,000 | 92,000,000 | 388,000,000 | 363,000,000 | 373,000,000 | 185,000,000 | 100,000,000 | -84,000,000 | 73,000,000 | 60,000,000 | 116,000,000 | 61,000,000 | 63,000,000 | 72,000,000 | 54,000,000 | 69,000,000 | 11,000,000 | 60,000,000 | 57,000,000 | 40,000,000 | 43,000,000 | 86,000,000 | 49,000,000 | 87,000,000 | 49,000,000 | 56,000,000 | 44,000,000 | 74,000,000 | 67,000,000 | 16,000,000 | 39,000,000 | 57,000,000 | 60,000,000 | 63,000,000 | -25,000,000 | 71,000,000 | 54,000,000 | 123,000,000 | 70,000,000 | -66,000,000 | |
interest and related charges | 509,000,000 | 527,000,000 | 505,000,000 | 480,000,000 | 441,000,000 | 403,000,000 | 469,000,000 | 15,000,000 | 608,000,000 | 192,000,000 | 430,000,000 | 586,000,000 | 329,000,000 | 47,000,000 | 174,000,000 | 407,000,000 | 518,000,000 | 53,000,000 | 490,000,000 | 452,000,000 | 469,000,000 | 440,000,000 | 378,000,000 | 361,000,000 | 314,000,000 | 300,000,000 | 305,000,000 | 308,000,000 | 292,000,000 | 295,000,000 | 250,000,000 | 239,000,000 | 226,000,000 | 230,000,000 | 230,000,000 | 223,000,000 | 227,000,000 | 237,000,000 | 229,000,000 | 217,000,000 | 203,000,000 | 228,000,000 | 215,000,000 | 215,000,000 | 224,000,000 | 228,000,000 | 177,000,000 | 249,000,000 | 216,000,000 | 227,000,000 | 232,000,000 | 229,000,000 | 188,000,000 | 183,000,000 | 236,000,000 | 217,000,000 | 221,000,000 | 224,000,000 | |
income from continuing operations including noncontrolling interests before income tax expense | 582,000,000 | 1,244,000,000 | 1,033,000,000 | 748,000,000 | -248,000,000 | 1,150,000,000 | 586,000,000 | 574,000,000 | 899,000,000 | 1,223,000,000 | 905,000,000 | 928,000,000 | 839,000,000 | 224,000,000 | 571,000,000 | 521,500,000 | 903,000,000 | 394,000,000 | 789,000,000 | 388,750,000 | 359,000,000 | 437,000,000 | 485,250,000 | 600,000,000 | 548,000,000 | 793,000,000 | 1,118,000,000 | 953,000,000 | 2,897,000,000 | 622,000,000 | 537,000,000 | 978,000,000 | 751,000,000 | ||||||||||||||||||||||||||
income tax expense | 56,000,000 | 216,000,000 | 220,000,000 | 55,000,000 | -104,000,000 | 183,000,000 | 95,000,000 | 108,000,000 | 182,000,000 | 221,000,000 | 124,000,000 | 236,000,000 | 43,000,000 | 114,000,000 | 121,250,000 | 262,000,000 | 88,000,000 | 135,000,000 | 170,750,000 | 272,000,000 | 136,000,000 | 275,000,000 | 94,000,000 | 230,000,000 | 152,000,000 | 179,000,000 | 111,000,000 | 305,000,000 | 299,000,000 | 63,000,000 | 186,000,000 | 183,000,000 | 305,000,000 | 116,000,000 | 288,000,000 | -406,000,000 | 139,000,000 | 154,000,000 | 260,000,000 | 23,000,000 | 204,000,000 | 208,000,000 | 310,000,000 | 254,000,000 | 374,000,000 | 1,134,000,000 | 295,000,000 | -228,000,000 | 380,000,000 | 293,000,000 | 167,000,000 | ||||||||
net income from continuing operations including noncontrolling interests | 526,000,000 | 1,028,000,000 | 813,000,000 | 693,000,000 | 601,000,000 | 269,000,000 | 980,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from discontinued operations including noncontrolling interests | 1,000,000 | -1,000,000 | 65,000,000 | 26,000,000 | 28,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income including noncontrolling interests | 512,000,000 | 1,028,000,000 | 814,000,000 | 692,000,000 | -129,000,000 | 954,000,000 | 572,000,000 | 235,000,000 | 163,000,000 | 599,000,000 | 997,000,000 | 778,000,000 | -453,000,000 | 711,000,000 | 666,000,000 | 295,000,000 | 1,008,000,000 | -239,000,000 | 58,000,000 | -677,000,000 | 662,000,000 | 883,000,000 | 478,000,000 | 526,000,000 | 1,333,000,000 | 696,000,000 | 417,000,000 | 674,000,000 | 491,000,000 | 728,000,000 | 462,000,000 | 531,000,000 | 366,000,000 | 599,000,000 | 540,000,000 | 161,000,000 | 385,000,000 | 435,000,000 | 575,000,000 | 208,000,000 | 502,000,000 | -652,000,000 | 215,000,000 | 265,000,000 | 501,000,000 | 207,000,000 | 396,000,000 | 340,000,000 | 483,000,000 | 303,000,000 | 579,000,000 | 1,765,000,000 | 178,000,000 | -4,000,000 | 598,000,000 | 458,000,000 | |||
noncontrolling interests | -55,000,000 | 22,000,000 | 54,000,000 | 46,000,000 | 12,000,000 | 10,000,000 | 31,000,000 | 4,000,000 | 3,000,000 | 21,000,000 | 29,000,000 | 29,000,000 | 23,000,000 | 21,000,000 | 31,000,000 | 27,000,000 | 42,000,000 | 34,000,000 | 38,000,000 | 10,000,000 | 7,000,000 | 9,000,000 | 6,000,000 | 4,000,000 | 2,000,000 | 6,000,000 | 4,000,000 | 6,000,000 | 6,000,000 | 7,000,000 | 7,000,000 | 6,000,000 | 7,000,000 | 7,000,000 | 6,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | ||||||||||||||
net income attributable to dominion energy | 567,000,000 | 1,006,000,000 | 760,000,000 | 646,000,000 | -76,000,000 | 954,000,000 | 572,000,000 | -66,000,000 | 235,000,000 | 163,000,000 | 599,000,000 | 997,000,000 | 778,000,000 | -453,000,000 | 711,000,000 | 654,000,000 | 285,000,000 | 1,008,000,000 | -270,000,000 | 54,000,000 | -680,000,000 | 641,000,000 | 854,000,000 | 449,000,000 | 503,000,000 | 1,312,000,000 | 665,000,000 | 390,000,000 | |||||||||||||||||||||||||||||||
yoy | -846.05% | 5.45% | 32.87% | -1078.79% | -132.34% | 485.28% | -4.51% | -106.62% | -69.79% | -135.98% | -15.75% | 52.45% | 172.98% | -144.94% | -363.33% | 1111.11% | -141.91% | 57.25% | -131.62% | -87.97% | -235.19% | -51.14% | 28.42% | 15.13% | |||||||||||||||||||||||||||||||||||
qoq | -43.64% | 32.37% | 17.65% | -950.00% | -107.97% | 66.78% | -966.67% | -128.09% | 44.17% | -72.79% | -39.92% | 28.15% | -271.74% | -163.71% | 8.72% | 129.47% | -71.73% | -473.33% | -600.00% | -107.94% | -206.08% | -24.94% | 90.20% | -10.74% | -61.66% | 97.29% | 70.51% | ||||||||||||||||||||||||||||||||
net income margin % | 13.85% | 22.22% | 19.95% | 15.85% | -2.24% | 24.21% | 16.41% | -28.82% | 6.65% | 4.28% | 15.79% | 18.98% | 17.74% | -12.60% | 16.62% | 20.59% | 9.38% | 26.05% | -6.01% | 1.36% | -17.63% | 19.07% | 24.75% | 14.54% | 14.51% | 40.87% | 20.92% | 13.86% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
amounts attributable to dominion energy | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 581,000,000 | 1,006,000,000 | 759,000,000 | 647,000,000 | -91,000,000 | 967,000,000 | 491,000,000 | 293,000,000 | 717,000,000 | 586,000,000 | 1,002,000,000 | 781,000,000 | -452,000,000 | 692,000,000 | 589,000,000 | 259,000,000 | 980,000,000 | ||||||||||||||||||||||||||||||||||||||||||
net income from discontinued operations | 1,000,000 | -1,000,000 | 15,000,000 | -13,000,000 | 81,000,000 | -58,000,000 | -554,000,000 | 13,000,000 | -5,000,000 | -3,000,000 | -1,000,000 | 19,000,000 | 65,000,000 | 26,000,000 | 28,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
eps - basic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
eps - diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses (gains) on sales of assets | -500,000 | -1,000,000 | -4,000,000 | -22,000,000 | -1,000,000 | -27,000,000 | 636,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expense | 254,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -57,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 9,000,000 | 121,000,000 | -117,000,000 | 35,000,000 | -47,000,000 | 212,000,000 | -19,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion and amortization | 471,000,000 | 663,000,000 | 706,000,000 | 720,000,000 | 727,000,000 | 695,000,000 | 698,000,000 | 621,000,000 | 604,000,000 | 608,000,000 | 673,000,000 | 661,000,000 | 651,000,000 | 513,000,000 | 526,000,000 | 463,000,000 | 498,000,000 | 484,000,000 | 485,000,000 | 467,000,000 | 469,000,000 | 447,000,000 | 400,000,000 | 361,000,000 | 351,000,000 | 358,000,000 | 355,000,000 | 343,000,000 | 308,000,000 | 308,000,000 | 299,000,000 | 309,000,000 | 303,000,000 | 297,000,000 | 304,000,000 | 306,000,000 | 289,000,000 | 287,000,000 | 284,000,000 | 268,000,000 | 255,000,000 | 262,000,000 | 261,000,000 | 263,000,000 | 262,000,000 | 269,000,000 | 315,000,000 | 274,000,000 | 271,000,000 | 279,000,000 | |||||||||
earnings from equity method investees | 90,000,000 | 80,000,000 | 92,000,000 | 83,000,000 | 80,000,000 | 69,000,000 | 65,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations including noncontrolling interests before income tax benefit | 707,000,000 | -569,000,000 | 636,000,000 | 222,000,000 | 1,192,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations including noncontrolling interests before income tax benefit | -258,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to dominion energy - basic | -340,000 | 70,000 | -860,000 | 692,500 | 1,310,000 | 690,000 | 770,000 | 665,000 | 1,030,000 | 620,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to dominion energy - diluted | -340,000 | 50,000 | -860,000 | 692,500 | 1,300,000 | 690,000 | 770,000 | 665,000 | 1,030,000 | 620,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
income from operations including noncontrolling interests before income tax expense | 101,000,000 | -563,000,000 | 593,000,000 | 1,145,000,000 | 566,000,000 | 661,000,000 | 617,500,000 | 968,000,000 | 553,000,000 | 949,000,000 | 570,500,000 | 958,000,000 | 614,000,000 | 710,000,000 | 587,750,000 | 904,000,000 | 761,000,000 | ||||||||||||||||||||||||||||||||||||||||||
purchased (excess) electric capacity | 21,750,000 | 50,000,000 | 23,000,000 | 14,000,000 | -2,000,000 | 21,000,000 | -12,000,000 | -17,000,000 | 26,750,000 | -6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 626,250 | 835,000 | 835,000 | 835,000 | 755,000 | 770,000 | 755,000 | 755,000 | 700,000 | 700,000 | 700,000 | 700,000 | 647,500 | 647,500 | 647,500 | 600,000 | 600,000 | 562,500 | 562,500 | 562,500 | 562,500 | 527,500 | 527,500 | 527,500 | 527,500 | 369,375 | 492,500 | 492,500 | |||||||||||||||||||||||||||||||
net income attributable to dominion | 632,000,000 | 457,000,000 | 690,000,000 | 452,000,000 | 524,000,000 | 357,000,000 | 593,000,000 | 536,000,000 | 159,000,000 | 379,000,000 | 431,000,000 | 569,000,000 | 202,000,000 | 495,000,000 | -659,000,000 | 209,000,000 | 258,000,000 | 494,000,000 | 201,000,000 | 392,000,000 | 336,000,000 | 479,000,000 | 298,000,000 | 575,000,000 | 1,761,000,000 | 174,000,000 | -9,000,000 | 594,000,000 | 454,000,000 | ||||||||||||||||||||||||||||||
net income attributable to dominion - basic | 1,010,000 | 680,000 | 1,100,000 | 730,000 | 652,500 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to dominion - diluted | 1,010,000 | 677,500 | 1,100,000 | 730,000 | 650,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share - basic and diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations including noncontrolling interests | 161,000,000 | 385,000,000 | 435,000,000 | 598,000,000 | 278,000,000 | 501,000,000 | -652,000,000 | 220,000,000 | 283,000,000 | 207,000,000 | 396,000,000 | 340,000,000 | 483,000,000 | 311,000,000 | 579,000,000 | 1,763,000,000 | 327,000,000 | 327,000,000 | 598,000,000 | 458,000,000 | |||||||||||||||||||||||||||||||||||||||
income from discontinued operations | -23,000,000 | -70,000,000 | 1,000,000 | -5,000,000 | -18,000,000 | 2,000,000 | -149,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts attributable to dominion: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, net of tax | 159,000,000 | 379,000,000 | 431,000,000 | 592,000,000 | 272,000,000 | 494,000,000 | -659,000,000 | 214,000,000 | 276,000,000 | 201,000,000 | 392,000,000 | 336,000,000 | 479,000,000 | 306,000,000 | 575,000,000 | 1,759,000,000 | 323,000,000 | -9,000,000 | 594,000,000 | 454,000,000 | |||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | -23,000,000 | -70,000,000 | 1,000,000 | -5,000,000 | -18,000,000 | 2,000,000 | -149,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share-basic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 270,000 | 650,000 | 740,000 | 1,020,000 | 470,000 | 860,000 | -1,150,000 | 370,000 | 480,000 | 360,000 | 690,000 | 590,000 | 830,000 | 540,000 | 980,000 | 2,980,000 | 540,000 | 760,000 | |||||||||||||||||||||||||||||||||||||||||
earnings per common share-diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share – basic | 870,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share – diluted | 860,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of appalachian e&p operations | 2,467,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations | -36,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations, net of tax | -36,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid per common share | 492,500 | 457,500 | 457,500 | 457,500 | 457,500 | 437,500 | 437,500 | 437,500 | 437,500 | ||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share – basic and diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax expense | 415,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 248,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-06-30 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-03-31 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2015-12-31 | 2015-09-30 | 2015-03-31 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 250,000,000 | 344,000,000 | 1,776,000,000 | 139,000,000 | 265,000,000 | 184,000,000 | 137,000,000 | 137,000,000 | 1,792,000,000 | 163,000,000 | 272,000,000 | 444,000,000 | 180,000,000 | 240,000,000 | 477,000,000 | 1,192,000,000 | 382,000,000 | 422,000,000 | 268,000,000 | 310,000,000 | 190,000,000 | 189,000,000 | 120,000,000 | 227,000,000 | 260,000,000 | 486,000,000 | 261,000,000 | 251,000,000 | 377,000,000 | 607,000,000 | 238,000,000 | 275,000,000 | 228,000,000 | 316,000,000 | 287,000,000 | 190,000,000 | 35,000,000 | 248,000,000 | 81,000,000 | 162,000,000 | 133,000,000 | 102,000,000 | 212,000,000 | 80,000,000 | 188,000,000 | 62,000,000 | 446,000,000 | 411,000,000 | 85,000,000 | 48,000,000 | 50,000,000 | 64,000,000 | 141,000,000 | 66,000,000 |
customer receivables | 2,531,000,000 | 2,294,000,000 | 2,082,000,000 | 2,256,000,000 | 2,148,000,000 | 2,251,000,000 | 2,266,000,000 | 2,496,000,000 | 2,437,000,000 | 2,170,000,000 | 2,245,000,000 | 2,164,000,000 | 1,853,000,000 | 1,728,000,000 | 1,841,000,000 | 2,177,000,000 | 1,908,000,000 | 2,236,000,000 | 1,749,000,000 | 1,539,000,000 | 1,510,000,000 | 1,615,000,000 | 1,660,000,000 | 1,292,000,000 | 1,242,000,000 | 1,361,000,000 | 1,523,000,000 | 1,259,000,000 | 1,140,000,000 | 1,200,000,000 | 1,289,000,000 | 1,589,000,000 | 1,805,000,000 | 1,695,000,000 | 1,499,000,000 | 1,514,000,000 | 1,758,000,000 | 1,621,000,000 | 1,510,000,000 | 1,494,000,000 | 1,539,000,000 | 1,780,000,000 | 1,646,000,000 | 1,695,000,000 | 1,837,000,000 | 2,158,000,000 | 1,728,000,000 | 1,739,000,000 | 1,955,000,000 | 2,050,000,000 | 1,760,000,000 | 1,928,000,000 | 2,300,000,000 | 2,354,000,000 |
tax receivables | 434,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables | 446,000,000 | 275,000,000 | 265,000,000 | 238,000,000 | 241,000,000 | 258,000,000 | 294,000,000 | 399,000,000 | 398,000,000 | 275,000,000 | 277,000,000 | 341,000,000 | 206,000,000 | 247,000,000 | 239,000,000 | 248,000,000 | 188,000,000 | 203,000,000 | 331,000,000 | 132,000,000 | 133,000,000 | 136,000,000 | 126,000,000 | 212,000,000 | 153,000,000 | 209,000,000 | 183,000,000 | 133,000,000 | 139,000,000 | 169,000,000 | 144,000,000 | 113,000,000 | 167,000,000 | 141,000,000 | 103,000,000 | 133,000,000 | 73,000,000 | 96,000,000 | 169,000,000 | 184,000,000 | 173,000,000 | 255,000,000 | 228,000,000 | 303,000,000 | 116,000,000 | 88,000,000 | 97,000,000 | 135,000,000 | 105,000,000 | 130,000,000 | 105,000,000 | 86,000,000 | 150,000,000 | 205,000,000 |
inventories: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
materials and supplies | 1,541,000,000 | 1,251,000,000 | 1,039,000,000 | 1,049,000,000 | 1,087,000,000 | 902,000,000 | 689,000,000 | 684,000,000 | 641,000,000 | 609,000,000 | 590,000,000 | 509,000,000 | ||||||||||||||||||||||||||||||||||||||||||
fossil fuel | 392,000,000 | 417,000,000 | 287,000,000 | 328,000,000 | 341,000,000 | 381,000,000 | 393,000,000 | 467,000,000 | 541,000,000 | 354,000,000 | 408,000,000 | 328,000,000 | ||||||||||||||||||||||||||||||||||||||||||
gas stored | 24,000,000 | 30,000,000 | 92,000,000 | 100,000,000 | 96,000,000 | 65,000,000 | 94,000,000 | 108,000,000 | 166,000,000 | 200,000,000 | 187,000,000 | 329,000,000 | ||||||||||||||||||||||||||||||||||||||||||
derivative assets | 335,000,000 | 332,000,000 | 545,000,000 | 699,000,000 | 221,000,000 | 260,000,000 | 264,000,000 | 670,000,000 | 596,000,000 | 140,000,000 | 255,000,000 | 243,000,000 | 472,000,000 | 687,000,000 | 689,000,000 | 1,040,000,000 | 527,000,000 | 518,000,000 | 514,000,000 | 661,000,000 | 822,000,000 | 705,000,000 | 598,000,000 | 476,000,000 | 553,000,000 | 739,000,000 | 1,057,000,000 | 1,029,000,000 | 1,638,000,000 | 1,128,000,000 | 1,498,000,000 | 1,487,000,000 | 1,595,000,000 | 1,497,000,000 | ||||||||||||||||||||
margin deposit assets | 181,000,000 | 38,000,000 | 161,000,000 | 169,000,000 | 193,000,000 | 829,000,000 | 969,000,000 | 553,000,000 | 16,000,000 | 620,000,000 | 319,000,000 | |||||||||||||||||||||||||||||||||||||||||||
prepayments | 377,000,000 | 246,000,000 | 426,000,000 | 450,000,000 | 265,000,000 | 260,000,000 | 194,000,000 | 147,000,000 | 143,000,000 | 198,000,000 | 142,000,000 | 163,000,000 | 216,000,000 | 192,000,000 | 326,000,000 | 262,000,000 | 277,000,000 | 132,000,000 | 107,000,000 | 147,000,000 | 405,000,000 | 115,000,000 | 117,000,000 | 163,000,000 | ||||||||||||||||||||||||||||||
regulatory assets | 1,380,000,000 | 1,232,000,000 | 1,030,000,000 | 969,000,000 | 1,092,000,000 | 1,309,000,000 | 1,484,000,000 | 1,945,000,000 | 2,156,000,000 | 2,064,000,000 | 1,863,000,000 | 1,477,000,000 | 1,193,000,000 | 873,000,000 | 650,000,000 | 668,000,000 | 745,000,000 | 725,000,000 | 496,000,000 | 540,000,000 | 616,000,000 | 2,698,000,000 | 294,000,000 | 311,000,000 | 2,487,000,000 | 2,439,000,000 | 244,000,000 | 2,143,000,000 | 2,150,000,000 | 351,000,000 | 1,593,000,000 | 1,665,000,000 | 1,491,000,000 | 1,228,000,000 | 1,478,000,000 | 1,473,000,000 | 1,696,000,000 | 203,000,000 | 1,306,000,000 | 1,328,000,000 | 1,319,000,000 | 541,000,000 | 1,410,000,000 | 1,473,000,000 | 1,443,000,000 | 407,000,000 | 459,000,000 | 1,271,000,000 | 1,240,000,000 | 1,390,000,000 | 475,000,000 | 580,000,000 | 2,162,000,000 | 2,226,000,000 |
other | 180,000,000 | 653,000,000 | 550,000,000 | 1,284,000,000 | 1,018,000,000 | 175,000,000 | 437,000,000 | 628,000,000 | 619,000,000 | 640,000,000 | 573,000,000 | 1,476,000,000 | 255,000,000 | 340,000,000 | 479,000,000 | 574,000,000 | 780,000,000 | 732,000,000 | 634,000,000 | 697,000,000 | 732,000,000 | 974,000,000 | 397,000,000 | 425,000,000 | 787,000,000 | 776,000,000 | 179,000,000 | 493,000,000 | 477,000,000 | 47,000,000 | 469,000,000 | 1,013,000,000 | 1,577,000,000 | 335,000,000 | 1,422,000,000 | 1,485,000,000 | 1,403,000,000 | 296,000,000 | 1,122,000,000 | 960,000,000 | 1,103,000,000 | 118,000,000 | 1,257,000,000 | 1,214,000,000 | 1,194,000,000 | 506,000,000 | 854,000,000 | 947,000,000 | 1,119,000,000 | 853,000,000 | 310,000,000 | 427,000,000 | 863,000,000 | 794,000,000 |
total current assets | 8,071,000,000 | 6,956,000,000 | 7,991,000,000 | 10,752,000,000 | 16,189,000,000 | 25,387,000,000 | 24,679,000,000 | 7,977,000,000 | 9,605,000,000 | 8,699,000,000 | 11,388,000,000 | 8,383,000,000 | 9,298,000,000 | 6,923,000,000 | 6,662,000,000 | 6,536,000,000 | 5,727,000,000 | 5,975,000,000 | 5,161,000,000 | 5,702,000,000 | 4,610,000,000 | 4,281,000,000 | 4,334,000,000 | 3,994,000,000 | 3,911,000,000 | 4,285,000,000 | 4,248,000,000 | 3,799,000,000 | 4,143,000,000 | 4,191,000,000 | 4,123,000,000 | 5,053,000,000 | 5,478,000,000 | 5,940,000,000 | 5,210,000,000 | 5,863,000,000 | 5,148,000,000 | 5,140,000,000 | 4,653,000,000 | 4,712,000,000 | 5,019,000,000 | 5,430,000,000 | 5,267,000,000 | 4,962,000,000 | 4,932,000,000 | 5,400,000,000 | 5,995,000,000 | 6,375,000,000 | 6,033,000,000 | 6,817,000,000 | 6,851,000,000 | 7,111,000,000 | 7,292,000,000 | 7,661,000,000 |
investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
nuclear decommissioning trust funds | 9,166,000,000 | 8,437,000,000 | 8,017,000,000 | 7,608,000,000 | 7,418,000,000 | 6,946,000,000 | 6,345,000,000 | 6,553,000,000 | 6,262,000,000 | 5,590,000,000 | 5,872,000,000 | 7,614,000,000 | 7,506,000,000 | 7,521,000,000 | 7,139,000,000 | 5,313,000,000 | 5,767,000,000 | 5,580,000,000 | 4,938,000,000 | 5,424,000,000 | 5,159,000,000 | 5,060,000,000 | 5,093,000,000 | 4,881,000,000 | 4,735,000,000 | 4,655,000,000 | 4,484,000,000 | 4,427,000,000 | 4,331,000,000 | 4,183,000,000 | 4,033,000,000 | 4,244,000,000 | 3,969,000,000 | 3,903,000,000 | 3,673,000,000 | 3,551,000,000 | 3,547,000,000 | 3,330,000,000 | 3,322,000,000 | 3,186,000,000 | 3,231,000,000 | 2,999,000,000 | 2,799,000,000 | 3,040,000,000 | 3,017,000,000 | 2,897,000,000 | 2,745,000,000 | 2,558,000,000 | 2,735,000,000 | 2,625,000,000 | 2,554,000,000 | 2,310,000,000 | 2,140,000,000 | 2,246,000,000 |
investment in equity method affiliates | 132,000,000 | 139,000,000 | 134,000,000 | 135,000,000 | 137,000,000 | 268,000,000 | 301,000,000 | 3,006,000,000 | 3,014,000,000 | 2,940,000,000 | 2,943,000,000 | 2,937,000,000 | 2,920,000,000 | 2,951,000,000 | 2,949,000,000 | 1,886,000,000 | 1,467,000,000 | 1,433,000,000 | 1,278,000,000 | 1,858,000,000 | 1,710,000,000 | 1,638,000,000 | 1,544,000,000 | 1,895,000,000 | 1,808,000,000 | 1,713,000,000 | 1,561,000,000 | 1,498,000,000 | 1,372,000,000 | 1,320,000,000 | 1,322,000,000 | 1,085,000,000 | 1,073,000,000 | 916,000,000 | 926,000,000 | 560,000,000 | 559,000,000 | 558,000,000 | 538,000,000 | 537,000,000 | 552,000,000 | 553,000,000 | 559,000,000 | 560,000,000 | 567,000,000 | 571,000,000 | 591,000,000 | 581,000,000 | 601,000,000 | 595,000,000 | 600,000,000 | 710,000,000 | 749,000,000 | 726,000,000 |
total investments | 9,676,000,000 | 8,939,000,000 | 8,499,000,000 | 8,084,000,000 | 7,894,000,000 | 7,538,000,000 | 6,972,000,000 | 9,952,000,000 | 9,664,000,000 | 8,914,000,000 | 9,201,000,000 | 10,944,000,000 | 10,817,000,000 | 10,856,000,000 | 10,493,000,000 | 7,575,000,000 | 7,596,000,000 | 7,370,000,000 | 6,560,000,000 | 7,627,000,000 | 7,208,000,000 | 7,032,000,000 | 6,964,000,000 | 7,096,000,000 | 6,858,000,000 | 6,674,000,000 | 6,343,000,000 | 6,224,000,000 | 5,980,000,000 | 5,774,000,000 | 5,624,000,000 | 5,617,000,000 | 5,317,000,000 | 5,102,000,000 | 4,876,000,000 | 4,387,000,000 | 4,400,000,000 | 4,191,000,000 | 4,178,000,000 | 4,098,000,000 | 4,183,000,000 | 3,985,000,000 | 3,852,000,000 | 4,194,000,000 | 4,216,000,000 | 4,151,000,000 | 3,611,000,000 | 3,414,000,000 | 3,612,000,000 | 3,492,000,000 | 3,425,000,000 | 3,284,000,000 | 3,156,000,000 | 3,257,000,000 |
property, plant and equipment | 106,315,000,000 | 100,064,000,000 | 91,164,000,000 | 88,705,000,000 | 85,497,000,000 | 83,417,000,000 | 80,652,000,000 | 95,088,000,000 | 92,748,000,000 | 90,785,000,000 | 88,695,000,000 | 87,107,000,000 | 84,738,000,000 | 85,293,000,000 | 84,035,000,000 | 95,341,000,000 | 94,873,000,000 | 93,485,000,000 | 76,578,000,000 | 76,190,000,000 | 76,458,000,000 | 75,632,000,000 | 74,823,000,000 | 73,610,000,000 | 72,163,000,000 | 70,728,000,000 | 69,556,000,000 | 68,282,000,000 | 60,490,000,000 | 57,776,000,000 | 55,848,000,000 | 52,720,000,000 | 47,723,000,000 | 46,969,000,000 | 46,102,000,000 | 44,610,000,000 | 43,705,000,000 | 43,364,000,000 | 44,397,000,000 | 43,732,000,000 | 42,895,000,000 | 42,033,000,000 | 42,155,000,000 | 41,163,000,000 | 40,390,000,000 | 39,855,000,000 | 39,112,000,000 | 38,350,000,000 | 39,729,000,000 | 39,036,000,000 | 37,913,000,000 | 36,893,000,000 | 36,211,000,000 | 35,448,000,000 |
accumulated depreciation and amortization | -27,348,000,000 | -26,780,000,000 | -25,742,000,000 | -25,342,000,000 | -24,941,000,000 | -24,637,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total property, plant and equipment | 78,967,000,000 | 73,284,000,000 | 65,422,000,000 | 63,363,000,000 | 60,556,000,000 | 58,780,000,000 | 56,161,000,000 | 66,543,000,000 | 64,625,000,000 | 62,894,000,000 | 61,264,000,000 | 60,121,000,000 | 58,386,000,000 | 59,226,000,000 | 58,421,000,000 | 67,396,000,000 | 67,141,000,000 | 66,567,000,000 | 54,560,000,000 | 54,185,000,000 | 54,604,000,000 | 54,129,000,000 | 53,758,000,000 | 52,811,000,000 | 51,748,000,000 | 50,716,000,000 | 49,964,000,000 | 48,888,000,000 | 43,682,000,000 | 41,554,000,000 | 39,781,000,000 | 37,226,000,000 | 33,127,000,000 | 32,628,000,000 | 31,861,000,000 | 31,554,000,000 | 30,909,000,000 | 30,773,000,000 | 31,523,000,000 | 30,921,000,000 | 30,288,000,000 | 29,670,000,000 | 28,411,000,000 | 27,651,000,000 | 27,082,000,000 | 26,713,000,000 | 26,056,000,000 | 25,458,000,000 | 26,038,000,000 | 25,592,000,000 | 24,683,000,000 | 23,874,000,000 | 23,353,000,000 | 23,274,000,000 |
deferred charges and other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 4,143,000,000 | 4,143,000,000 | 4,143,000,000 | 4,143,000,000 | 4,143,000,000 | 4,143,000,000 | 4,143,000,000 | 7,295,000,000 | 7,295,000,000 | 7,295,000,000 | 7,297,000,000 | 7,297,000,000 | 7,405,000,000 | 7,405,000,000 | 7,381,000,000 | 8,946,000,000 | 8,985,000,000 | 8,960,000,000 | 6,410,000,000 | 6,410,000,000 | 6,405,000,000 | 6,405,000,000 | 6,405,000,000 | 6,405,000,000 | 6,399,000,000 | 6,399,000,000 | 6,399,000,000 | 6,405,000,000 | 3,294,000,000 | 3,294,000,000 | 3,294,000,000 | 3,294,000,000 | 3,046,000,000 | 3,086,000,000 | 3,087,000,000 | 3,125,000,000 | 3,128,000,000 | 3,130,000,000 | 3,141,000,000 | 3,141,000,000 | 3,141,000,000 | 3,141,000,000 | 3,141,000,000 | 3,141,000,000 | 3,141,000,000 | 3,141,000,000 | 3,141,000,000 | 3,141,000,000 | 3,275,000,000 | 3,354,000,000 | 3,503,000,000 | 3,503,000,000 | 3,503,000,000 | 3,503,000,000 |
pension and other postretirement benefit assets | 2,658,000,000 | 1,779,000,000 | 1,561,000,000 | 1,279,000,000 | 1,378,000,000 | 1,078,000,000 | 1,095,000,000 | 1,017,000,000 | 943,000,000 | 1,025,000,000 | 979,000,000 | 942,000,000 | 702,000,000 | 681,000,000 | 712,000,000 | 702,000,000 | 514,000,000 | |||||||||||||||||||||||||||||||||||||
intangible assets | 1,682,000,000 | 945,000,000 | 878,000,000 | 887,000,000 | 670,000,000 | 685,000,000 | 618,000,000 | 570,000,000 | 560,000,000 | 536,000,000 | 637,000,000 | 642,000,000 | 693,000,000 | 712,000,000 | ||||||||||||||||||||||||||||||||||||||||
total deferred charges and other assets | 19,143,000,000 | 18,262,000,000 | 17,908,000,000 | 18,218,000,000 | 17,366,000,000 | 17,327,000,000 | 18,131,000,000 | 21,592,000,000 | 21,431,000,000 | 23,028,000,000 | 21,825,000,000 | 21,404,000,000 | 21,303,000,000 | 20,958,000,000 | 21,127,000,000 | 22,619,000,000 | 20,358,000,000 | 20,142,000,000 | 11,633,000,000 | 11,568,000,000 | 11,653,000,000 | 11,912,000,000 | 11,529,000,000 | 11,490,000,000 | 11,385,000,000 | 11,177,000,000 | 11,055,000,000 | 10,688,000,000 | 7,564,000,000 | 7,278,000,000 | 7,071,000,000 | 7,260,000,000 | 6,664,000,000 | 6,426,000,000 | 6,541,000,000 | 6,622,000,000 | 6,659,000,000 | 6,734,000,000 | 6,532,000,000 | 6,685,000,000 | 6,603,000,000 | 6,529,000,000 | 6,500,000,000 | 6,604,000,000 | 6,547,000,000 | 6,553,000,000 | 6,567,000,000 | 6,541,000,000 | 6,480,000,000 | 6,653,000,000 | 7,128,000,000 | 7,228,000,000 | 7,886,000,000 | 7,861,000,000 |
total assets | 115,857,000,000 | 107,441,000,000 | 99,820,000,000 | 100,417,000,000 | 102,005,000,000 | 109,032,000,000 | 105,943,000,000 | 106,064,000,000 | 105,325,000,000 | 103,535,000,000 | 103,678,000,000 | 100,852,000,000 | 99,804,000,000 | 97,963,000,000 | 96,703,000,000 | 104,126,000,000 | 100,822,000,000 | 100,054,000,000 | 77,914,000,000 | 79,082,000,000 | 78,075,000,000 | 77,354,000,000 | 76,585,000,000 | 75,391,000,000 | 73,902,000,000 | 72,852,000,000 | 71,610,000,000 | 69,599,000,000 | 61,369,000,000 | 58,797,000,000 | 56,599,000,000 | 55,156,000,000 | 50,586,000,000 | 50,096,000,000 | 48,488,000,000 | 48,426,000,000 | 47,116,000,000 | 46,838,000,000 | 46,886,000,000 | 46,416,000,000 | 46,093,000,000 | 45,614,000,000 | 44,030,000,000 | 43,411,000,000 | 42,777,000,000 | 42,817,000,000 | 42,229,000,000 | 41,788,000,000 | 42,163,000,000 | 42,554,000,000 | 42,087,000,000 | 41,497,000,000 | 41,687,000,000 | 42,053,000,000 |
at december 31, | 2,025,000,000 | 2,023,000,000 | 2,008,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities due within one year | 2,409,000,000 | 2,292,000,000 | 1,820,000,000 | 1,800,000,000 | 2,344,000,000 | 6,589,000,000 | 4,147,000,000 | 4,349,000,000 | 4,352,000,000 | 1,327,000,000 | 776,000,000 | 895,000,000 | 1,254,000,000 | 709,000,000 | 709,000,000 | 444,000,000 | 444,000,000 | |||||||||||||||||||||||||||||||||||||
supplemental credit facility borrowings | 450,000,000 | 450,000,000 | 900,000,000 | 450,000,000 | 900,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
short-term debt | 2,457,000,000 | 3,775,000,000 | 4,104,000,000 | 3,162,000,000 | 3,626,000,000 | 3,956,000,000 | 3,785,000,000 | 4,575,000,000 | 3,546,000,000 | 783,000,000 | 100,000,000 | 295,000,000 | 649,000,000 | 1,079,000,000 | 1,619,000,000 | 2,030,000,000 | ||||||||||||||||||||||||||||||||||||||
accounts payable | 1,338,000,000 | 1,015,000,000 | 937,000,000 | 917,000,000 | 721,000,000 | 921,000,000 | 756,000,000 | 997,000,000 | 1,125,000,000 | 1,138,000,000 | 1,342,000,000 | 1,286,000,000 | 1,324,000,000 | 1,046,000,000 | 1,008,000,000 | 1,263,000,000 | 1,499,000,000 | |||||||||||||||||||||||||||||||||||||
accrued interest, payroll and taxes | 1,244,000,000 | 956,000,000 | 1,354,000,000 | 861,000,000 | 1,286,000,000 | 1,075,000,000 | 1,168,000,000 | 998,000,000 | 1,037,000,000 | 647,000,000 | 953,000,000 | 772,000,000 | 742,000,000 | 701,000,000 | 968,000,000 | 754,000,000 | ||||||||||||||||||||||||||||||||||||||
derivative liabilities | 111,000,000 | 86,000,000 | 107,000,000 | 346,000,000 | 457,000,000 | 332,000,000 | 371,000,000 | 754,000,000 | 717,000,000 | 1,126,000,000 | 1,016,000,000 | 893,000,000 | 969,000,000 | 1,100,000,000 | ||||||||||||||||||||||||||||||||||||||||
regulatory liabilities | 542,000,000 | 569,000,000 | 714,000,000 | 835,000,000 | 512,000,000 | 522,000,000 | 434,000,000 | 583,000,000 | 651,000,000 | 1,251,000,000 | 180,000,000 | 362,000,000 | 598,000,000 | 1,126,000,000 | 1,056,000,000 | 902,000,000 | 944,000,000 | |||||||||||||||||||||||||||||||||||||
total current liabilities | 10,444,000,000 | 10,447,000,000 | 10,832,000,000 | 11,506,000,000 | 15,418,000,000 | 24,476,000,000 | 21,633,000,000 | 13,986,000,000 | 12,762,000,000 | 5,496,000,000 | 4,927,000,000 | 5,671,000,000 | 6,492,000,000 | 5,448,000,000 | 5,974,000,000 | 7,006,000,000 | 7,794,000,000 | |||||||||||||||||||||||||||||||||||||
long-term debt | 36,778,000,000 | 35,893,000,000 | 33,779,000,000 | 32,615,000,000 | 32,960,000,000 | 32,368,000,000 | 32,145,000,000 | 37,596,000,000 | 37,624,000,000 | 15,418,000,000 | 14,288,000,000 | 13,614,000,000 | 13,613,000,000 | 14,472,000,000 | 13,956,000,000 | 13,833,000,000 | 13,890,000,000 | |||||||||||||||||||||||||||||||||||||
securitization bonds | 883,000,000 | 969,000,000 | 1,136,000,000 | 1,136,000,000 | 1,217,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
junior subordinated notes | 5,978,000,000 | 3,223,000,000 | 1,981,000,000 | 2,666,000,000 | 688,000,000 | 688,000,000 | 688,000,000 | 1,387,000,000 | 1,387,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
total long-term debt | 44,075,000,000 | 40,294,000,000 | 37,101,000,000 | 36,617,000,000 | 35,064,000,000 | 33,248,000,000 | 33,057,000,000 | 39,223,000,000 | 40,158,000,000 | 17,153,000,000 | 16,023,000,000 | 15,349,000,000 | 15,364,000,000 | 16,223,000,000 | 15,707,000,000 | 14,899,000,000 | 14,956,000,000 | |||||||||||||||||||||||||||||||||||||
deferred credits and other liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 7,885,000,000 | 7,424,000,000 | 6,404,000,000 | 6,592,000,000 | 6,421,000,000 | 6,611,000,000 | 288,000,000 | 673,000,000 | 778,000,000 | 573,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferred investment tax credits | 1,591,000,000 | 1,080,000,000 | 1,077,000,000 | 1,084,000,000 | 1,089,000,000 | 1,098,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations | 7,204,000,000 | 6,584,000,000 | 6,775,000,000 | 5,641,000,000 | 1,654,000,000 | 1,559,000,000 | 1,540,000,000 | 1,625,000,000 | 1,563,000,000 | 1,539,000,000 | 1,828,000,000 | 1,802,000,000 | ||||||||||||||||||||||||||||||||||||||||||
total deferred credits and other liabilities | 27,921,000,000 | 25,828,000,000 | 24,356,000,000 | 25,221,000,000 | 24,102,000,000 | 23,779,000,000 | 23,225,000,000 | 24,427,000,000 | 24,049,000,000 | 9,492,000,000 | 8,927,000,000 | 8,365,000,000 | 8,999,000,000 | 8,832,000,000 | 8,549,000,000 | 8,816,000,000 | 8,969,000,000 | |||||||||||||||||||||||||||||||||||||
total liabilities | 82,440,000,000 | 76,569,000,000 | 72,289,000,000 | 73,344,000,000 | 74,584,000,000 | 81,503,000,000 | 77,915,000,000 | 77,636,000,000 | 76,969,000,000 | 32,141,000,000 | 29,877,000,000 | 29,385,000,000 | 30,855,000,000 | 30,503,000,000 | 30,230,000,000 | 30,721,000,000 | 31,719,000,000 | |||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock | 991,000,000 | 991,000,000 | 1,348,000,000 | 1,348,000,000 | 1,783,000,000 | 1,783,000,000 | 1,783,000,000 | 1,783,000,000 | 1,783,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
common stock – no par | 25,892,000,000 | 24,463,000,000 | 23,854,000,000 | 23,809,000,000 | 23,763,000,000 | 23,728,000,000 | 23,720,000,000 | 23,704,000,000 | 23,652,000,000 | 5,171,000,000 | 5,702,000,000 | 6,079,000,000 | 6,369,000,000 | 6,443,000,000 | 6,370,000,000 | 6,204,000,000 | ||||||||||||||||||||||||||||||||||||||
retained earnings | 2,318,000,000 | 1,906,000,000 | 3,983,000,000 | 3,603,000,000 | 3,619,000,000 | 3,524,000,000 | 4,090,000,000 | 4,507,000,000 | 4,486,000,000 | 6,778,000,000 | 6,386,000,000 | 6,077,000,000 | 4,585,000,000 | 4,956,000,000 | 4,623,000,000 | 4,417,000,000 | 4,170,000,000 | |||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -118,000,000 | -145,000,000 | -1,654,000,000 | -1,687,000,000 | -1,744,000,000 | -1,506,000,000 | -1,565,000,000 | -1,566,000,000 | -1,565,000,000 | -499,000,000 | -186,000,000 | -200,000,000 | -41,000,000 | -254,000,000 | -165,000,000 | -94,000,000 | -269,000,000 | |||||||||||||||||||||||||||||||||||||
shareholders’ equity | 29,083,000,000 | 27,215,000,000 | 27,531,000,000 | 27,073,000,000 | 27,421,000,000 | 27,529,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 4,334,000,000 | 3,657,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 33,417,000,000 | 30,872,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 115,857,000,000 | 107,441,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories | 1,826,000,000 | 1,717,000,000 | 1,758,000,000 | 1,719,000,000 | 1,633,000,000 | 1,826,000,000 | 1,746,000,000 | 1,766,000,000 | 1,584,000,000 | 1,512,000,000 | 1,593,000,000 | 1,538,000,000 | 1,476,000,000 | 1,677,000,000 | 1,724,000,000 | 1,657,000,000 | 1,455,000,000 | 1,429,000,000 | 1,367,000,000 | 1,527,000,000 | 1,469,000,000 | 1,453,000,000 | 1,516,000,000 | 1,351,000,000 | 1,310,000,000 | 1,227,000,000 | 1,013,000,000 | 1,210,000,000 | 1,154,000,000 | 1,039,000,000 | 1,257,000,000 | 1,251,000,000 | 1,249,000,000 | 1,326,000,000 | 1,194,000,000 | 1,044,000,000 | 1,222,000,000 | 1,107,000,000 | 984,000,000 | 1,178,000,000 | 1,077,000,000 | 888,000,000 | ||||||||||||
current assets held for sale | 26,000,000 | 4,108,000,000 | 9,706,000,000 | 18,529,000,000 | 18,046,000,000 | 117,000,000 | 122,000,000 | 1,009,000,000 | 969,000,000 | 3,039,000,000 | 1,507,000,000 | 1,500,000,000 | ||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities held for sale | 1,830,000,000 | 4,386,000,000 | 8,885,000,000 | 8,331,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 27,531,000,000 | 27,073,000,000 | 27,421,000,000 | 27,529,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 99,820,000,000 | 100,417,000,000 | 102,005,000,000 | 109,032,000,000 | 44,030,000,000 | 42,229,000,000 | 41,788,000,000 | 42,163,000,000 | 42,087,000,000 | 41,497,000,000 | 41,687,000,000 | 42,053,000,000 | ||||||||||||||||||||||||||||||||||||||||||
noncurrent assets held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncurrent liabilities held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated depreciation, depletion and amortization | -24,491,000,000 | -28,545,000,000 | -28,123,000,000 | -27,891,000,000 | -27,431,000,000 | -26,986,000,000 | -26,352,000,000 | -26,067,000,000 | -25,614,000,000 | -27,945,000,000 | -27,732,000,000 | -26,918,000,000 | -22,018,000,000 | -22,005,000,000 | -21,854,000,000 | -21,503,000,000 | -21,065,000,000 | -20,799,000,000 | -20,415,000,000 | -20,012,000,000 | -19,592,000,000 | -19,394,000,000 | -16,808,000,000 | -16,222,000,000 | -16,067,000,000 | -15,494,000,000 | -14,596,000,000 | -14,341,000,000 | -14,241,000,000 | -14,013,000,000 | -13,753,000,000 | -13,548,000,000 | -13,831,000,000 | -13,768,000,000 | -13,564,000,000 | -13,320,000,000 | -13,744,000,000 | -13,512,000,000 | -13,308,000,000 | -13,142,000,000 | -13,056,000,000 | -12,892,000,000 | -13,691,000,000 | -13,444,000,000 | -13,230,000,000 | -13,019,000,000 | -12,858,000,000 | -12,174,000,000 | ||||||
liabilities and shareholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes and investment tax credits | 6,834,000,000 | 7,067,000,000 | 6,908,000,000 | 5,130,000,000 | 4,366,000,000 | 4,000,000,000 | 4,251,000,000 | 4,088,000,000 | 3,810,000,000 | 3,943,000,000 | 4,137,000,000 | |||||||||||||||||||||||||||||||||||||||||||
shareholders' equity | 28,028,000,000 | 28,428,000,000 | 28,356,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders' equity | 28,028,000,000 | 28,428,000,000 | 28,356,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 105,943,000,000 | 106,064,000,000 | 105,325,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
short-term deposit | 2,000,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease assets | 468,000,000 | 486,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
see note 9 for amounts attributable to related parties. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | 1,029,000,000 | 347,000,000 | 313,000,000 | 1,018,000,000 | 1,360,000,000 | 1,345,000,000 | 1,355,000,000 | 1,416,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash and cash equivalents | 516,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment, vie | 957,000,000 | 957,000,000 | 957,000,000 | 957,000,000 | 957,000,000 | 957,000,000 | 957,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
restricted cash equivalents | 33,000,000 | 49,000,000 | 70,000,000 | 104,000,000 | 141,000,000 | 204,000,000 | 301,000,000 | 344,000,000 | 400,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
junior subordinated notes payable to affiliates | 268,000,000 | 268,000,000 | 268,000,000 | 268,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
enhanced junior subordinated notes | 1,467,000,000 | 1,467,000,000 | 1,467,000,000 | 1,483,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
subsidiary preferred stock not subject to mandatory redemption | 257,000,000 | 257,000,000 | 257,000,000 | 257,000,000 | 257,000,000 | 257,000,000 | 257,000,000 | 257,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
common shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other paid-in capital | 182,000,000 | 193,000,000 | 190,000,000 | 138,000,000 | 182,000,000 | 182,000,000 | 182,000,000 | 182,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total common shareholders’ equity | 11,632,000,000 | 12,095,000,000 | 12,146,000,000 | 11,051,000,000 | 11,327,000,000 | 11,010,000,000 | 10,709,000,000 | 10,077,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities held for sale | 540,000,000 | 540,000,000 | 561,000,000 | 570,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
pension and other postretirement benefit liabilities | 1,159,000,000 | 1,145,000,000 | 1,385,000,000 | 1,592,000,000 | 1,568,000,000 | 1,549,000,000 | 1,525,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other investments | 900,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued taxes | 1,083,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued interest and payroll | 392,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued dividends | 260,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
junior subordinated notes payable: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
affiliates | 268,000,000 | 268,000,000 | 268,000,000 | 268,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for resale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
margin deposit liabilities | 406,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
junior subordinated notes payable to: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock—no par | 5,994,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-03-31 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||
net income including noncontrolling interests | 512,000,000 | 1,028,000,000 | 954,000,000 | 572,000,000 | 674,000,000 | 235,000,000 | 163,000,000 | 599,000,000 | 997,000,000 | 778,000,000 | -453,000,000 | 711,000,000 | 666,000,000 | 295,000,000 | 1,008,000,000 | -239,000,000 | 58,000,000 | -677,000,000 | 662,000,000 | 883,000,000 | 478,000,000 | 526,000,000 | 1,333,000,000 | 696,000,000 | 417,000,000 | 674,000,000 | 491,000,000 | 728,000,000 | 385,000,000 | 435,000,000 | 575,000,000 | 208,000,000 | 502,000,000 | -652,000,000 | 215,000,000 | 265,000,000 | 501,000,000 | 207,000,000 | 396,000,000 | 340,000,000 | 483,000,000 | 303,000,000 | 579,000,000 | 1,765,000,000 | 178,000,000 | -4,000,000 | 598,000,000 | ||
adjustments to reconcile net income including noncontrolling interests to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion and amortization | 682,000,000 | 686,000,000 | 625,000,000 | 695,000,000 | 694,000,000 | 768,000,000 | 805,000,000 | 756,000,000 | 799,000,000 | 799,000,000 | 762,000,000 | 773,000,000 | 700,000,000 | 673,000,000 | 685,000,000 | 759,000,000 | 738,000,000 | 734,000,000 | 574,000,000 | 600,000,000 | 534,000,000 | 572,000,000 | 553,000,000 | 561,000,000 | 540,000,000 | 548,000,000 | 524,000,000 | 472,000,000 | 378,000,000 | 286,000,000 | 375,000,000 | 363,000,000 | 366,000,000 | 363,000,000 | 376,000,000 | 351,000,000 | 353,000,000 | 337,000,000 | 324,000,000 | 309,000,000 | 318,000,000 | 312,000,000 | 317,000,000 | 309,000,000 | 320,000,000 | 359,000,000 | 320,000,000 | 315,000,000 | 325,000,000 |
deferred income taxes | 113,000,000 | 263,000,000 | -220,000,000 | 106,000,000 | -160,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferred investment tax credits | -8,000,000 | -5,000,000 | -10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
impairment of assets and other charges | 291,000,000 | 128,000,000 | 123,000,000 | 19,000,000 | 109,000,000 | 574,000,000 | 19,000,000 | 52,000,000 | 98,000,000 | 2,000,000 | 405,000,000 | -13,000,000 | -222,000,000 | 321,000,000 | 95,000,000 | 768,000,000 | 177,000,000 | 835,000,000 | |||||||||||||||||||||||||||||||
losses on the east ohio, questar gas and psnc transactions | |||||||||||||||||||||||||||||||||||||||||||||||||
losses on sales of assets and equity method investments | |||||||||||||||||||||||||||||||||||||||||||||||||
net losses on nuclear decommissioning trusts funds and other investments | |||||||||||||||||||||||||||||||||||||||||||||||||
other adjustments | -8,000,000 | -23,000,000 | 8,000,000 | -7,000,000 | 59,000,000 | 272,000,000 | 44,000,000 | 39,000,000 | 23,000,000 | -29,000,000 | 16,000,000 | -72,000,000 | 22,000,000 | 228,000,000 | 4,000,000 | 4,000,000 | 15,000,000 | -11,000,000 | 9,000,000 | 52,000,000 | -55,000,000 | 13,000,000 | 58,000,000 | -23,000,000 | 12,000,000 | -84,000,000 | -30,000,000 | -51,000,000 | -34,000,000 | -50,000,000 | -47,000,000 | 20,000,000 | -52,000,000 | -64,000,000 | -23,000,000 | 4,000,000 | -72,000,000 | -89,000,000 | 132,000,000 | -89,000,000 | -46,000,000 | -68,000,000 | -89,000,000 | 106,000,000 | -10,000,000 | 15,000,000 | -82,000,000 | -60,000,000 | 93,000,000 |
changes in: | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -799,000,000 | -55,000,000 | 152,000,000 | 94,000,000 | 133,000,000 | -369,000,000 | -74,000,000 | 71,000,000 | 519,000,000 | 59,000,000 | -143,000,000 | 28,000,000 | -130,000,000 | 3,000,000 | 334,000,000 | 245,000,000 | 339,000,000 | 153,000,000 | -239,000,000 | -29,000,000 | 111,000,000 | 47,000,000 | -350,000,000 | -60,000,000 | 171,000,000 | 136,000,000 | -305,000,000 | -63,000,000 | -183,000,000 | -196,000,000 | 6,000,000 | 216,000,000 | -124,000,000 | -79,000,000 | 8,000,000 | 36,000,000 | 327,000,000 | -162,000,000 | 251,000,000 | -16,000,000 | 292,000,000 | -420,000,000 | 48,000,000 | 186,000,000 | 126,000,000 | -346,000,000 | 181,000,000 | 528,000,000 | 95,000,000 |
inventories | -63,000,000 | -68,000,000 | -23,000,000 | -40,000,000 | 16,000,000 | -50,000,000 | -47,000,000 | -80,000,000 | -21,000,000 | -194,000,000 | -92,000,000 | 80,000,000 | -55,000,000 | -63,000,000 | 73,000,000 | 71,000,000 | -67,000,000 | 53,000,000 | 8,000,000 | -68,000,000 | -73,000,000 | 104,000,000 | 49,000,000 | -55,000,000 | -40,000,000 | 61,000,000 | 11,000,000 | -7,000,000 | 163,000,000 | 34,000,000 | -53,000,000 | -143,000,000 | 133,000,000 | -2,000,000 | -40,000,000 | -24,000,000 | 99,000,000 | -23,000,000 | -131,000,000 | -150,000,000 | 119,000,000 | 58,000,000 | -114,000,000 | -122,000,000 | 213,000,000 | 31,000,000 | -81,000,000 | -231,000,000 | 271,000,000 |
deferred fuel and purchased gas costs | -261,000,000 | 60,000,000 | 69,000,000 | 204,000,000 | 495,000,000 | 340,000,000 | 219,000,000 | 327,000,000 | 89,000,000 | -667,000,000 | -602,000,000 | -256,000,000 | -231,000,000 | -151,000,000 | -149,000,000 | 162,000,000 | 93,000,000 | 27,000,000 | -21,000,000 | 69,000,000 | -31,000,000 | -264,000,000 | 10,000,000 | -2,000,000 | -42,000,000 | -37,000,000 | -30,000,000 | -30,000,000 | -304,000,000 | 17,000,000 | 37,000,000 | 32,000,000 | 16,000,000 | 36,000,000 | 20,000,000 | 150,000,000 | 162,000,000 | 57,000,000 | 30,000,000 | -40,000,000 | -50,000,000 | -99,000,000 | -101,000,000 | -39,000,000 | -7,000,000 | 124,000,000 | 188,000,000 | 264,000,000 | 226,000,000 |
prepayments and deposits | 361,000,000 | -446,000,000 | 96,000,000 | -152,000,000 | 42,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 108,000,000 | -56,000,000 | -126,000,000 | 306,000,000 | -118,000,000 | -106,000,000 | -588,000,000 | -123,000,000 | 17,000,000 | 52,000,000 | 13,000,000 | -63,000,000 | 21,000,000 | -164,000,000 | -162,000,000 | -284,000,000 | 234,000,000 | -16,000,000 | -94,000,000 | -57,000,000 | 69,000,000 | 53,000,000 | -71,000,000 | -140,000,000 | 186,000,000 | 3,000,000 | 53,000,000 | 194,000,000 | 5,000,000 | -14,000,000 | -135,000,000 | 155,000,000 | 49,000,000 | 10,000,000 | -275,000,000 | 6,000,000 | -25,000,000 | -95,000,000 | -299,000,000 | 170,000,000 | 80,000,000 | -41,000,000 | -90,000,000 | 319,000,000 | 54,000,000 | -265,000,000 | -264,000,000 | ||
accrued interest, payroll and taxes | 36,000,000 | 277,000,000 | 500,000,000 | -429,000,000 | 153,000,000 | -33,000,000 | 408,000,000 | -39,000,000 | -161,000,000 | 183,000,000 | 37,000,000 | -192,000,000 | 186,000,000 | 42,000,000 | -177,000,000 | -234,000,000 | 65,000,000 | -329,000,000 | 2,000,000 | 76,000,000 | 13,000,000 | -103,000,000 | 3,000,000 | 134,000,000 | -54,000,000 | -19,000,000 | -2,000,000 | 159,000,000 | 11,000,000 | 29,000,000 | -34,000,000 | -33,000,000 | -13,000,000 | 77,000,000 | -165,000,000 | 89,000,000 | -15,000,000 | 66,000,000 | -138,000,000 | -129,000,000 | -104,000,000 | -521,000,000 | 702,000,000 | 89,000,000 | -77,000,000 | 39,000,000 | -266,000,000 | 223,000,000 | |
net realized and unrealized changes related to derivative activities | 179,000,000 | 70,000,000 | -389,000,000 | 98,000,000 | 257,000,000 | -215,000,000 | 4,000,000 | -56,000,000 | 232,000,000 | 201,000,000 | -116,000,000 | 29,000,000 | 313,000,000 | 337,000,000 | -218,000,000 | 80,000,000 | 19,000,000 | 35,000,000 | 47,000,000 | ||||||||||||||||||||||||||||||
pension and other postretirement benefits | -228,000,000 | -64,000,000 | -222,000,000 | -109,000,000 | -115,000,000 | -127,000,000 | -118,000,000 | -117,000,000 | -122,000,000 | -113,000,000 | -114,000,000 | -117,000,000 | 47,000,000 | -35,000,000 | -45,000,000 | ||||||||||||||||||||||||||||||||||
other operating assets and liabilities | -39,000,000 | 114,000,000 | 63,000,000 | -246,000,000 | -47,000,000 | -255,000,000 | 72,000,000 | -222,000,000 | -137,000,000 | 71,000,000 | -118,000,000 | -191,000,000 | 2,000,000 | -200,000,000 | -243,000,000 | -271,000,000 | -281,000,000 | -187,000,000 | -9,000,000 | 165,000,000 | -27,000,000 | -20,000,000 | -4,000,000 | -44,000,000 | -157,000,000 | -71,000,000 | 119,000,000 | -74,000,000 | 117,000,000 | -70,000,000 | 10,000,000 | -53,000,000 | 200,000,000 | -162,000,000 | -16,000,000 | -22,000,000 | 91,000,000 | -174,000,000 | -16,000,000 | 103,000,000 | 63,000,000 | 164,000,000 | 49,000,000 | -105,000,000 | 67,000,000 | 97,000,000 | -152,000,000 | -121,000,000 | 201,000,000 |
net cash from operating activities | 987,000,000 | 1,945,000,000 | 1,539,000,000 | 856,000,000 | 1,982,000,000 | 1,386,000,000 | 1,992,000,000 | 1,097,000,000 | 2,097,000,000 | 1,310,000,000 | 236,000,000 | 1,125,000,000 | 1,295,000,000 | 788,000,000 | 1,452,000,000 | 1,633,000,000 | 1,142,000,000 | 1,171,000,000 | 1,062,000,000 | 1,286,000,000 | 1,193,000,000 | 1,232,000,000 | 885,000,000 | 1,312,000,000 | 992,000,000 | 1,360,000,000 | 741,000,000 | 1,368,000,000 | 753,000,000 | 483,000,000 | 1,159,000,000 | 739,000,000 | 1,052,000,000 | 675,000,000 | 1,064,000,000 | 775,000,000 | 1,623,000,000 | 585,000,000 | 1,111,000,000 | 375,000,000 | 912,000,000 | -59,000,000 | 478,000,000 | -244,000,000 | 1,650,000,000 | 804,000,000 | 1,080,000,000 | 425,000,000 | 1,477,000,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 987,000,000 | 1,945,000,000 | 1,539,000,000 | 856,000,000 | 1,982,000,000 | 1,386,000,000 | 1,992,000,000 | 1,097,000,000 | 2,097,000,000 | 1,310,000,000 | 236,000,000 | 1,125,000,000 | 1,295,000,000 | 788,000,000 | 1,452,000,000 | 1,633,000,000 | 1,142,000,000 | 1,171,000,000 | 1,062,000,000 | 1,286,000,000 | 1,193,000,000 | 1,232,000,000 | 885,000,000 | 1,312,000,000 | 992,000,000 | 1,360,000,000 | 741,000,000 | 1,368,000,000 | 753,000,000 | 483,000,000 | 1,159,000,000 | 739,000,000 | 1,052,000,000 | 675,000,000 | 1,064,000,000 | 775,000,000 | 1,623,000,000 | 585,000,000 | 1,111,000,000 | 375,000,000 | 912,000,000 | -59,000,000 | 478,000,000 | -244,000,000 | 1,650,000,000 | 804,000,000 | 1,080,000,000 | 425,000,000 | 1,477,000,000 |
investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
plant construction and other property additions | -3,386,000,000 | -3,039,000,000 | -2,985,000,000 | -2,965,000,000 | -2,769,000,000 | -3,045,000,000 | -2,316,000,000 | -2,630,000,000 | -2,220,000,000 | -2,032,000,000 | -1,597,000,000 | -1,622,000,000 | -1,478,000,000 | -1,336,000,000 | -1,328,000,000 | -1,462,000,000 | -1,110,000,000 | -1,002,000,000 | -1,143,000,000 | -1,065,000,000 | -943,000,000 | -1,103,000,000 | -1,382,000,000 | -1,374,000,000 | -1,313,000,000 | -1,435,000,000 | -1,549,000,000 | -1,376,000,000 | -1,120,000,000 | -1,126,000,000 | -1,028,000,000 | -1,046,000,000 | -904,000,000 | -1,261,000,000 | -924,000,000 | -979,000,000 | -981,000,000 | -1,036,000,000 | -981,000,000 | -829,000,000 | -806,000,000 | -875,000,000 | -855,000,000 | -777,000,000 | -877,000,000 | -912,000,000 | -1,046,000,000 | -911,000,000 | -796,000,000 |
acquisition of solar development projects | 0 | -2,000,000 | -15,000,000 | -26,000,000 | -161,000,000 | -10,000,000 | -2,000,000 | -1,000,000 | -11,000,000 | -18,000,000 | -84,000,000 | -37,000,000 | -51,000,000 | -13,000,000 | -23,000,000 | -8,000,000 | -123,000,000 | -29,000,000 | -43,000,000 | -57,000,000 | -44,000,000 | -7,000,000 | -62,000,000 | -63,000,000 | -186,000,000 | -94,000,000 | -19,000,000 | -47,000,000 | |||||||||||||||||||||
proceeds from sale of noncontrolling interest in cove point | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from east ohio, questar gas and psnc transactions | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of securities | 7,929,000,000 | 869,000,000 | 651,000,000 | 884,000,000 | 695,000,000 | 959,000,000 | 869,000,000 | 594,000,000 | 544,000,000 | 605,000,000 | 1,267,000,000 | 814,000,000 | 614,000,000 | 945,000,000 | 1,765,000,000 | 602,000,000 | 376,000,000 | 506,000,000 | 503,000,000 | 457,000,000 | 425,000,000 | 419,000,000 | 335,000,000 | 377,000,000 | 363,000,000 | 756,000,000 | 413,000,000 | 300,000,000 | 442,000,000 | 216,000,000 | 398,000,000 | 308,000,000 | 554,000,000 | 316,000,000 | 276,000,000 | 349,000,000 | 415,000,000 | ||||||||||||
purchases of securities | -7,921,000,000 | -922,000,000 | -679,000,000 | -914,000,000 | -757,000,000 | -970,000,000 | -881,000,000 | -694,000,000 | -607,000,000 | -628,000,000 | -1,027,000,000 | -824,000,000 | -605,000,000 | -918,000,000 | -1,765,000,000 | -631,000,000 | -394,000,000 | -494,000,000 | -530,000,000 | -474,000,000 | -437,000,000 | -453,000,000 | -385,000,000 | -399,000,000 | -370,000,000 | -786,000,000 | -439,000,000 | -313,000,000 | -441,000,000 | -215,000,000 | -393,000,000 | -311,000,000 | -574,000,000 | -345,000,000 | -284,000,000 | -343,000,000 | -420,000,000 | -365,000,000 | -476,000,000 | -461,000,000 | -522,000,000 | -406,000,000 | -1,525,000,000 | -539,000,000 | |||||
proceeds from sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||
contributions to equity method affiliates | -4,000,000 | -3,000,000 | -6,000,000 | -1,000,000 | -7,000,000 | -25,000,000 | -31,000,000 | -38,000,000 | -10,000,000 | -3,000,000 | -16,000,000 | -15,000,000 | -23,000,000 | -6,000,000 | -977,000,000 | -11,000,000 | -63,000,000 | -69,000,000 | -146,000,000 | -148,000,000 | -47,000,000 | -87,000,000 | -27,000,000 | -91,000,000 | -106,000,000 | -146,000,000 | |||||||||||||||||||||||
distributions from equity method affiliates | 0 | 0 | 126,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other | -86,000,000 | -19,000,000 | -26,000,000 | -7,000,000 | -17,000,000 | -40,000,000 | -30,000,000 | 46,000,000 | 2,000,000 | -17,000,000 | -117,000,000 | -36,000,000 | -31,000,000 | -132,000,000 | 20,000,000 | 33,000,000 | -9,000,000 | -7,000,000 | -8,000,000 | -2,000,000 | -7,000,000 | 4,000,000 | 35,000,000 | -10,000,000 | -7,000,000 | 11,000,000 | -71,000,000 | -27,000,000 | -24,000,000 | -17,000,000 | -35,000,000 | 3,000,000 | 62,000,000 | 103,000,000 | -9,000,000 | 21,000,000 | 3,000,000 | -11,000,000 | 65,000,000 | 28,000,000 | 18,000,000 | -37,000,000 | 27,000,000 | 26,000,000 | 22,000,000 | 2,000,000 | 9,000,000 | 70,000,000 | -37,000,000 |
net cash from investing activities | -3,468,000,000 | -3,116,000,000 | -1,035,000,000 | -57,000,000 | 1,385,000,000 | -3,116,000,000 | 923,000,000 | -2,712,000,000 | -2,302,000,000 | 629,000,000 | -3,574,000,000 | -1,574,000,000 | -2,839,000,000 | -1,460,000,000 | -2,308,000,000 | -1,641,000,000 | -1,281,000,000 | -552,000,000 | 1,011,000,000 | -1,133,000,000 | -1,053,000,000 | -1,183,000,000 | -1,120,000,000 | -1,557,000,000 | -1,622,000,000 | -1,694,000,000 | -1,674,000,000 | -5,304,000,000 | -919,000,000 | -1,110,000,000 | -463,000,000 | -1,023,000,000 | -862,000,000 | -1,056,000,000 | -920,000,000 | -918,000,000 | -946,000,000 | -957,000,000 | -829,000,000 | -783,000,000 | -752,000,000 | -806,000,000 | -436,000,000 | 1,832,000,000 | -171,000,000 | -951,000,000 | -956,000,000 | -914,000,000 | -874,000,000 |
financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
issuance (repayment) of short-term debt | -65,000,000 | -1,253,000,000 | -464,000,000 | -330,000,000 | 135,000,000 | 1,905,000,000 | 45,000,000 | 646,000,000 | -430,000,000 | -540,000,000 | -411,000,000 | ||||||||||||||||||||||||||||||||||||||
364-day term loan facility borrowings | 0 | 0 | 3,000,000,000 | 2,250,000,000 | 975,000,000 | 0 | 2,500,000,000 | ||||||||||||||||||||||||||||||||||||||||||
repayment of 364-day term loan facility borrowings | 0 | -976,000,000 | -6,774,000,000 | -225,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
issuance and remarketing of long-term debt | 1,250,000,000 | 3,447,000,000 | 1,500,000,000 | 650,000,000 | 1,000,000,000 | 1,250,000,000 | 1,992,000,000 | 0 | 1,050,000,000 | 0 | 450,000,000 | 75,000,000 | 1,185,000,000 | 0 | 1,060,000,000 | ||||||||||||||||||||||||||||||||||
repayment and repurchase of long-term debt | -750,000,000 | -222,000,000 | -700,000,000 | -242,000,000 | -942,000,000 | 0 | -3,279,000,000 | -992,000,000 | -43,000,000 | -1,039,000,000 | -89,000,000 | -401,000,000 | -669,000,000 | -104,000,000 | |||||||||||||||||||||||||||||||||||
issuance of securitization bonds | 0 | 0 | 1,282,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repayment of securitization bonds | -83,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
supplemental credit facility borrowings | 0 | 450,000,000 | 0 | 450,000,000 | 0 | 650,000,000 | |||||||||||||||||||||||||||||||||||||||||||
supplemental credit facility repayments | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of noncontrolling interest in oswp | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
contributions from stonepeak to oswp | 428,000,000 | 417,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
distributions from oswp to stonepeak | -74,000,000 | -61,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
series b preferred stock repurchase and redemption | |||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | 1,383,000,000 | 35,000,000 | 36,000,000 | 35,000,000 | 31,000,000 | 3,000,000 | 6,000,000 | 42,000,000 | 43,000,000 | 43,000,000 | 1,656,000,000 | 45,000,000 | 47,000,000 | 49,000,000 | 48,000,000 | 78,000,000 | 78,000,000 | 247,000,000 | 1,724,000,000 | 75,000,000 | 81,000,000 | 581,000,000 | 69,000,000 | 1,077,000,000 | 77,000,000 | 79,000,000 | 73,000,000 | 621,000,000 | 72,000,000 | 62,000,000 | 71,000,000 | 73,000,000 | 68,000,000 | 58,000,000 | 70,000,000 | 69,000,000 | 1,000,000 | 5,000,000 | 15,000,000 | 17,000,000 | 8,000,000 | 18,000,000 | 21,000,000 | 27,000,000 | 75,000,000 | 67,000,000 | 167,000,000 | 147,000,000 | |
common dividend payments | -570,000,000 | -570,000,000 | -559,000,000 | -560,000,000 | -559,000,000 | -559,000,000 | -559,000,000 | -558,000,000 | -557,000,000 | -557,000,000 | -555,000,000 | -541,000,000 | -510,000,000 | -508,000,000 | -508,000,000 | -788,000,000 | -736,000,000 | -733,000,000 | -550,000,000 | -546,000,000 | -545,000,000 | -544,000,000 | -496,000,000 | -486,000,000 | -475,000,000 | -474,000,000 | -440,000,000 | -438,000,000 | -349,000,000 | -326,000,000 | -326,000,000 | -326,000,000 | -324,000,000 | -303,000,000 | -303,000,000 | -302,000,000 | -301,000,000 | -281,000,000 | -280,000,000 | -283,000,000 | -285,000,000 | -266,000,000 | -266,000,000 | -269,000,000 | -275,000,000 | -262,000,000 | -261,000,000 | -259,000,000 | -257,000,000 |
net cash from financing activities | 1,758,000,000 | 1,824,000,000 | 1,191,000,000 | -928,000,000 | -3,332,000,000 | 1,784,000,000 | -2,983,000,000 | -26,000,000 | 1,820,000,000 | -2,006,000,000 | 3,151,000,000 | 635,000,000 | 1,507,000,000 | 414,000,000 | 1,171,000,000 | 1,006,000,000 | 72,000,000 | -383,000,000 | -2,069,000,000 | -120,000,000 | -120,000,000 | 100,000,000 | 128,000,000 | 212,000,000 | 404,000,000 | 559,000,000 | 943,000,000 | 3,810,000,000 | 78,000,000 | 656,000,000 | -599,000,000 | 439,000,000 | -403,000,000 | 548,000,000 | -225,000,000 | 172,000,000 | -646,000,000 | 262,000,000 | -150,000,000 | 300,000,000 | -34,000,000 | 481,000,000 | -7,000,000 | -1,262,000,000 | -1,444,000,000 | 144,000,000 | -137,000,000 | 408,000,000 | -527,000,000 |
increase in cash, restricted cash and equivalents | -723,000,000 | 653,000,000 | 35,000,000 | 1,615,000,000 | -67,000,000 | -187,000,000 | 186,000,000 | -37,000,000 | -258,000,000 | 315,000,000 | 998,000,000 | -67,000,000 | 236,000,000 | 4,000,000 | 33,000,000 | 20,000,000 | 149,000,000 | ||||||||||||||||||||||||||||||||
cash, restricted cash and equivalents at beginning of period | 0 | 0 | 0 | 0 | 301,000,000 | 0 | 0 | 0 | 341,000,000 | 0 | 0 | 408,000,000 | 0 | 0 | 247,000,000 | 269,000,000 | 0 | 391,000,000 | 0 | 0 | 185,000,000 | ||||||||||||||||||||||||||||
cash, restricted cash and equivalents at end of period | -723,000,000 | 653,000,000 | 1,695,000,000 | -129,000,000 | 336,000,000 | 54,000,000 | -68,000,000 | -1,641,000,000 | 1,956,000,000 | -67,000,000 | -187,000,000 | 594,000,000 | -37,000,000 | -258,000,000 | 562,000,000 | 1,267,000,000 | -67,000,000 | 627,000,000 | 33,000,000 | 20,000,000 | 334,000,000 | ||||||||||||||||||||||||||||
deferred investment tax benefits | 300,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
losses from east ohio, questar gas and psnc transactions | |||||||||||||||||||||||||||||||||||||||||||||||||
net (gains) losses on nuclear decommissioning trust funds and other investments | 80,000,000 | -174,000,000 | -134,000,000 | 102,000,000 | 443,000,000 | 113,000,000 | -271,000,000 | ||||||||||||||||||||||||||||||||||||||||||
repurchase of preferred stock | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
losses from east ohio and questar gas transactions | |||||||||||||||||||||||||||||||||||||||||||||||||
net losses on nuclear decommissioning trust funds and other investments | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from east ohio and questar gas transactions | |||||||||||||||||||||||||||||||||||||||||||||||||
gains on sales of assets and equity method investments | -34,000,000 | -810,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net gains on nuclear decommissioning trust funds and other investments | -194,000,000 | -101,000,000 | -294,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of assets | |||||||||||||||||||||||||||||||||||||||||||||||||
issuance of short-term debt | 171,000,000 | -790,000,000 | 1,029,000,000 | 123,000,000 | -136,000,000 | 531,000,000 | 234,000,000 | 1,921,000,000 | 1,279,000,000 | ||||||||||||||||||||||||||||||||||||||||
operating revenue | 225,000,000 | 48,000,000 | 2,489,000,000 | 394,000,000 | -133,000,000 | 2,384,000,000 | 8,000,000 | 2,167,000,000 | 235,000,000 | -89,000,000 | 1,830,000,000 | 1,748,000,000 | |||||||||||||||||||||||||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||
electric fuel and other energy-related purchases | -17,000,000 | 6,000,000 | 701,000,000 | 30,000,000 | -93,000,000 | 799,000,000 | 17,000,000 | 516,000,000 | 166,000,000 | -57,000,000 | 406,000,000 | 591,000,000 | |||||||||||||||||||||||||||||||||||||
purchased electric capacity | 8,000,000 | 3,000,000 | 13,000,000 | 5,000,000 | 2,000,000 | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||
other operations and maintenance: | |||||||||||||||||||||||||||||||||||||||||||||||||
affiliated suppliers | -3,000,000 | 11,000,000 | 102,000,000 | -1,000,000 | 6,000,000 | 93,000,000 | -7,000,000 | 91,000,000 | -1,000,000 | -9,000,000 | 87,000,000 | 83,000,000 | |||||||||||||||||||||||||||||||||||||
depreciation and amortization | -70,000,000 | -3,000,000 | 448,000,000 | 56,000,000 | -15,000,000 | 447,000,000 | -4,000,000 | 429,000,000 | 20,000,000 | -1,000,000 | 324,000,000 | 297,000,000 | |||||||||||||||||||||||||||||||||||||
other taxes | 11,000,000 | -21,000,000 | 93,000,000 | 4,000,000 | -18,000,000 | 85,000,000 | 8,000,000 | 75,000,000 | 3,000,000 | -10,000,000 | 93,000,000 | 83,000,000 | |||||||||||||||||||||||||||||||||||||
total operating expenses | 11,000,000 | 6,000,000 | 1,769,000,000 | 131,000,000 | -91,000,000 | 1,787,000,000 | 334,000,000 | 1,605,000,000 | 29,000,000 | -112,000,000 | 1,282,000,000 | 1,384,000,000 | |||||||||||||||||||||||||||||||||||||
income from operations | 214,000,000 | 42,000,000 | 720,000,000 | 263,000,000 | -42,000,000 | 597,000,000 | -326,000,000 | 562,000,000 | 206,000,000 | 23,000,000 | 548,000,000 | 364,000,000 | |||||||||||||||||||||||||||||||||||||
other income | 20,000,000 | -25,000,000 | 63,000,000 | -49,000,000 | 12,000,000 | 36,000,000 | -48,000,000 | 4,000,000 | -19,000,000 | 8,000,000 | 32,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||
interest and related charges | 35,000,000 | 14,000,000 | 190,000,000 | 33,000,000 | 1,000,000 | 181,000,000 | -3,000,000 | 148,000,000 | 8,000,000 | -8,000,000 | 136,000,000 | 132,000,000 | |||||||||||||||||||||||||||||||||||||
income before income tax expense | 199,000,000 | 3,000,000 | 593,000,000 | 181,000,000 | -31,000,000 | 452,000,000 | -371,000,000 | 418,000,000 | 179,000,000 | 39,000,000 | 444,000,000 | 235,000,000 | |||||||||||||||||||||||||||||||||||||
income tax expense | 24,000,000 | -11,000,000 | 128,000,000 | 40,000,000 | -10,000,000 | 99,000,000 | 61,000,000 | 37,000,000 | -1,000,000 | 70,000,000 | 51,000,000 | ||||||||||||||||||||||||||||||||||||||
net income | 175,000,000 | 14,000,000 | 465,000,000 | 141,000,000 | -21,000,000 | 353,000,000 | -310,000,000 | 357,000,000 | 142,000,000 | 40,000,000 | 374,000,000 | 184,000,000 | 248,000,000 | ||||||||||||||||||||||||||||||||||||
gains on sales of assets | 0 | -44,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash, restricted cash and equivalents | -68,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income from east ohio transaction | 102,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from east ohio transaction | 4,275,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt | 1,000,000,000 | 1,500,000,000 | 1,000,000,000 | 1,250,000,000 | 1,100,000,000 | 150,000,000 | 950,000,000 | 198,000,000 | 600,000,000 | 2,000,000,000 | 1,450,000,000 | 950,000,000 | 750,000,000 | 780,000,000 | 1,950,000,000 | 1,150,000,000 | 585,000,000 | 1,100,000,000 | 1,250,000,000 | 540,000,000 | 0 | 500,000,000 | |||||||||||||||||||||||||||
gain from sale of q-pipe group and gt&s transaction | |||||||||||||||||||||||||||||||||||||||||||||||||
net income on sale of interest in renewable generation facilities | |||||||||||||||||||||||||||||||||||||||||||||||||
benefit from refunds and rate credits to electric utility customers | -35,000,000 | 988,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
losses | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
net (gains) losses on nuclear decommissioning trusts funds and other investments | |||||||||||||||||||||||||||||||||||||||||||||||||
prepayments | -7,000,000 | 80,000,000 | -78,000,000 | 43,000,000 | -22,000,000 | -102,000,000 | 21,000,000 | 22,000,000 | -167,000,000 | 24,000,000 | 38,000,000 | -67,000,000 | 89,000,000 | 30,000,000 | -66,000,000 | -12,000,000 | -3,000,000 | -96,000,000 | 2,000,000 | 14,000,000 | 18,000,000 | -50,000,000 | 16,000,000 | 77,000,000 | 134,000,000 | -71,000,000 | -17,000,000 | -13,000,000 | 37,000,000 | 34,000,000 | -43,000,000 | -64,000,000 | 54,000,000 | -135,000,000 | -25,000,000 | 39,000,000 | 260,000,000 | -48,000,000 | 35,000,000 | ||||||||||
margin deposit assets and liabilities | 138,000,000 | 7,000,000 | 25,000,000 | 286,000,000 | 139,000,000 | -239,000,000 | -52,000,000 | -363,000,000 | -116,000,000 | -60,000,000 | 46,000,000 | 20,000,000 | 93,000,000 | 29,000,000 | -1,000,000 | -33,000,000 | -61,000,000 | -3,000,000 | 46,000,000 | 8,000,000 | -67,000,000 | 14,000,000 | 105,000,000 | -387,000,000 | -48,000,000 | 86,000,000 | -65,000,000 | -51,000,000 | 80,000,000 | 97,000,000 | 21,000,000 | 50,000,000 | -22,000,000 | -120,000,000 | -124,000,000 | -28,000,000 | -109,000,000 | 114,000,000 | -79,000,000 | -57,000,000 | -116,000,000 | -21,000,000 | |||||||
proceeds from sale of hope | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of q-pipe group | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of q-pipe transaction deposit | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of non-wholly-owned nonregulated solar facilities | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of assets and equity method investments | 14,000,000 | 42,000,000 | 154,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
short-term deposit | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
return of short-term deposit | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of supplemental 364-day credit facility borrowings | 0 | 0 | -225,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
issuance of preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock redemption | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes and investment tax credits | 1,074,000,000 | 131,000,000 | 174,000,000 | 124,000,000 | -101,000,000 | 246,000,000 | -12,000,000 | -5,000,000 | 216,000,000 | -65,000,000 | 1,000,000 | 106,000,000 | 31,000,000 | 257,000,000 | 98,000,000 | 131,000,000 | -655,000,000 | 246,000,000 | 156,000,000 | 250,000,000 | 244,000,000 | 206,000,000 | 232,000,000 | 136,000,000 | 206,000,000 | 129,000,000 | 266,000,000 | -304,000,000 | 106,000,000 | 175,000,000 | 269,000,000 | 113,000,000 | 189,000,000 | 227,000,000 | 227,000,000 | 372,000,000 | 520,000,000 | -37,000,000 | -173,000,000 | -152,000,000 | 105,000,000 | -82,000,000 | -365,000,000 | ||||||
proceeds from sale of assets and equity method investments | 21,000,000 | 0 | 0 | 146,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
repayment of supplemental credit facility borrowings | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
losses (gains) on sales of assets and equity method investments | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | -2,197,000,000 | -39,000,000 | -314,000,000 | -1,660,000,000 | -1,180,000,000 | -608,000,000 | -712,000,000 | -869,000,000 | -36,000,000 | -3,000,000 | -407,000,000 | -4,000,000 | -1,000,000 | -129,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||
benefit from refunds to electric utility customers | |||||||||||||||||||||||||||||||||||||||||||||||||
issuance of short-term notes | 500,000,000 | 0 | 0 | 500,000,000 | 950,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||
customer deposits | -1,000,000 | -4,000,000 | -6,000,000 | -9,000,000 | -13,000,000 | -50,000,000 | -35,000,000 | 7,000,000 | 101,000,000 | ||||||||||||||||||||||||||||||||||||||||
purchased (excess) electric capacity | 11,000,000 | 11,000,000 | 14,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
income from investment in atlantic coast pipeline | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of equity method investments | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of short-term notes | |||||||||||||||||||||||||||||||||||||||||||||||||
supplemental 364-day credit facility borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt, including redemption premiums | -1,986,000,000 | -561,000,000 | -161,000,000 | -932,000,000 | -1,161,000,000 | -2,217,000,000 | -29,000,000 | ||||||||||||||||||||||||||||||||||||||||||
repurchase of common stock | 0 | 0 | -327,000,000 | -274,000,000 | 0 | -400,000,000 | -309,000,000 | -191,000,000 | |||||||||||||||||||||||||||||||||||||||||
net incomees (gains) on nuclear decommissioning trust funds and other investments | -212,000,000 | -152,000,000 | 526,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
excess electric capacity | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
revision to future ash pond and landfill closure costs | 0 | -113,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash and restricted cash acquired in the scana combination | 0 | 389,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of equity method investments | -178,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
repayment of credit facility borrowings | 0 | -113,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information | |||||||||||||||||||||||||||||||||||||||||||||||||
significant noncash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
accrued capital expenditures | 343,000,000 | 110,000,000 | 201,000,000 | 110,000,000 | -56,000,000 | 78,000,000 | 175,000,000 | -12,000,000 | 85,000,000 | 40,000,000 | 230,000,000 | 86,000,000 | 84,000,000 | 261,000,000 | 104,000,000 | 99,000,000 | -28,000,000 | 200,000,000 | 60,000,000 | 66,000,000 | -36,000,000 | 298,000,000 | 91,000,000 | 40,000,000 | 30,000,000 | 167,000,000 | 48,000,000 | -23,000,000 | 49,000,000 | 166,000,000 | 56,000,000 | -5,000,000 | 3,000,000 | 186,000,000 | |||||||||||||||
financing leases | 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
see note 3 for noncash investing and financing activities related to the scana combination. | |||||||||||||||||||||||||||||||||||||||||||||||||
charge related to a voluntary retirement program | |||||||||||||||||||||||||||||||||||||||||||||||||
charge associated with future ash pond and landfill closure costs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
credit facility borrowings | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
issuance of 2019 equity units | |||||||||||||||||||||||||||||||||||||||||||||||||
leases | |||||||||||||||||||||||||||||||||||||||||||||||||
see note 2 for noncash investing and financing activities related to the adoption of a new accounting standard for leasing arrangements. | |||||||||||||||||||||||||||||||||||||||||||||||||
current income tax for dominion energy questar pipeline contribution to dominion energy midstream | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from assignment of tower rental portfolio | 0 | 0 | 0 | 91,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
contribution to pension plan | 0 | 0 | 0 | -75,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
benefit from rate credits to electric utility customers | 0 | -138,000,000 | 0 | 215,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
charges associated with equity method investments | |||||||||||||||||||||||||||||||||||||||||||||||||
charges associated with future ash pond and landfill closure costs | |||||||||||||||||||||||||||||||||||||||||||||||||
impairment of assets and related charges | |||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of dominion energy questar, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of certain retail energy marketing assets | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from assignment of shale development rights | 44,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
repayment and repurchase of short-term notes | 0 | -1,200,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of dominion energy midstream common units | |||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of dominion energy midstream preferred units | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of interest in merchant solar projects | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
contributions from nrg and sunedison to four brothers and three cedars | 0 | 0 | 3,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash, restricted cash and equivalents at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||
cash, restricted cash and equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the year for: | |||||||||||||||||||||||||||||||||||||||||||||||||
interest and related charges, excluding capitalized amounts | |||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||
receivables from sales of assets and equity method investments | |||||||||||||||||||||||||||||||||||||||||||||||||
guarantee provided by equity method affiliate | |||||||||||||||||||||||||||||||||||||||||||||||||
charge associated with ferc-regulated plant disallowance | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
net gains on nuclear decommissioning trusts funds and other investments | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from assignments of shale development rights | 65,000,000 | 0 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of certain merchant generation assets | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment of short-term debt | 190,000,000 | 32,000,000 | -585,000,000 | 227,000,000 | 206,000,000 | -528,000,000 | -641,000,000 | 40,000,000 | 102,000,000 | -409,000,000 | -757,000,000 | -538,000,000 | 100,000,000 | -295,000,000 | -1,000,000,000 | ||||||||||||||||||||||||||||||||||
significant noncash investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
gains on the sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of decg | |||||||||||||||||||||||||||||||||||||||||||||||||
sale of certain retail energy marketing assets | |||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 225,000,000 | 29,000,000 | 97,000,000 | 155,000,000 | -213,000,000 | 167,000,000 | -81,000,000 | 29,000,000 | 31,000,000 | -110,000,000 | 132,000,000 | -108,000,000 | 126,000,000 | -384,000,000 | 35,000,000 | 326,000,000 | 35,000,000 | 76,000,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||
guarantee provided to equity method affiliate | |||||||||||||||||||||||||||||||||||||||||||||||||
dominion energy midstream’s acquisition of a noncontrolling partnership interest in iroquois in exchange for issuance of dominion energy midstream common units | |||||||||||||||||||||||||||||||||||||||||||||||||
gains on the sales of assets and equity method investment in iroquois | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -33,000,000 | -126,000,000 | -88,000,000 | -13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 261,000,000 | 0 | 316,000,000 | 0 | 0 | 248,000,000 | 0 | 0 | 102,000,000 | 0 | 0 | 62,000,000 | 0 | 0 | 50,000,000 | 0 | 0 | 71,000,000 | |||||||||||||||||||||||||||||
cash and cash equivalents at end of period | -33,000,000 | -226,000,000 | 486,000,000 | -126,000,000 | 228,000,000 | 97,000,000 | 155,000,000 | 35,000,000 | -81,000,000 | 29,000,000 | 133,000,000 | 132,000,000 | -108,000,000 | 188,000,000 | 35,000,000 | 326,000,000 | 85,000,000 | -13,000,000 | -81,000,000 | 147,000,000 | |||||||||||||||||||||||||||||
restricted cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||
current income tax for questar pipeline contribution to dominion midstream | |||||||||||||||||||||||||||||||||||||||||||||||||
gains on the sale of assets and businesses and equity method investment in iroquois | |||||||||||||||||||||||||||||||||||||||||||||||||
charges associated with north anna and offshore wind legislation | |||||||||||||||||||||||||||||||||||||||||||||||||
charges associated with liability management exercise | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of dominion questar, net of cash acquired | -9,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of dcg | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of electric retail energy marketing business | 187,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from blue racer | |||||||||||||||||||||||||||||||||||||||||||||||||
repayment and repurchase of long-term debt, including redemption premiums | |||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of dominion midstream common units | |||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of dominion midstream convertible preferred units | |||||||||||||||||||||||||||||||||||||||||||||||||
contributions from sunedison to four brothers and three cedars | 11,000,000 | 16,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
subsidiary preferred stock redemption | -125,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
subsidiary preferred dividend payments | -4,000,000 | -5,000,000 | -4,000,000 | -4,000,000 | -4,000,000 | -4,000,000 | -4,000,000 | -4,000,000 | -4,000,000 | -5,000,000 | -4,000,000 | -4,000,000 | -4,000,000 | -5,000,000 | -4,000,000 | -4,000,000 | -4,000,000 | -5,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||
dominion midstream’s acquisition of a noncontrolling partnership interest in iroquois in exchange for issuance of dominion midstream common units | |||||||||||||||||||||||||||||||||||||||||||||||||
gains on the sale of assets and businesses | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of assets to blue racer | 84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gains on the sale of assets | -159,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
repayment of affiliated notes payable | -258,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
impairment of generation assets | |||||||||||||||||||||||||||||||||||||||||||||||||
net reserves (payments) related to rate refunds | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of brayton point, kincaid and equity method investment in elwood | |||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash equivalents | 2,000,000 | 0 | 16,000,000 | 21,000,000 | 34,000,000 | 37,000,000 | 63,000,000 | 97,000,000 | 43,000,000 | 56,000,000 | |||||||||||||||||||||||||||||||||||||||
repayment of junior subordinated notes | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
acquisition of juniper noncontrolling interest in fairless | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash paid (received) during the year for: | |||||||||||||||||||||||||||||||||||||||||||||||||
consolidation of vie—assets at fair value | |||||||||||||||||||||||||||||||||||||||||||||||||
consolidation of vie—debt | |||||||||||||||||||||||||||||||||||||||||||||||||
impairment of merchant generation assets | |||||||||||||||||||||||||||||||||||||||||||||||||
rate refunds | 0 | 0 | -5,000,000 | -29,000,000 | -48,000,000 | -55,000,000 | -19,000,000 | ||||||||||||||||||||||||||||||||||||||||||
contribution of assets in exchange for additional ownership interest in blue racer | |||||||||||||||||||||||||||||||||||||||||||||||||
gain from sale of appalachian e&p operations | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
income from sale of peoples | |||||||||||||||||||||||||||||||||||||||||||||||||
contributions to pension plans | |||||||||||||||||||||||||||||||||||||||||||||||||
charges (payments) related to workforce reduction program | -22,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on the sale of assets to blue racer | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of appalachian e&p operations | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of peoples | |||||||||||||||||||||||||||||||||||||||||||||||||
impairment of gas and oil properties | 0 | 0 | 0 | 21,000,000 | 0 | 0 | 0 | 455,000,000 | |||||||||||||||||||||||||||||||||||||||||
net reserves (payments) related to rate cases | |||||||||||||||||||||||||||||||||||||||||||||||||
investment in affiliates and partnerships | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
distributions from affiliates and partnerships | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
debt for equity exchange | 0 | 0 | 0 | 56,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
loss from sale of peoples | 0 | -4,000,000 | 117,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
impairment of merchant generation facility | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
contribution to employee pension plans | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of appalachian e&p operations | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of peoples | 0 | 4,000,000 | 737,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of securities | 466,000,000 | 436,000,000 | 502,000,000 | 798,000,000 | 627,000,000 | 513,000,000 | |||||||||||||||||||||||||||||||||||||||||||
charges related to workforce reduction program | 338,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
reserve for rate refunds | |||||||||||||||||||||||||||||||||||||||||||||||||
contributions to qualified pension plans | |||||||||||||||||||||||||||||||||||||||||||||||||
additions to gas and oil properties, including acquisitions | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from assignment of natural gas drilling rights | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of securities and loan receivable collections and payoffs | |||||||||||||||||||||||||||||||||||||||||||||||||
purchases of securities and loan receivable originations | -217,000,000 | -534,000,000 | -471,000,000 | -289,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
accrued common and preferred dividends | |||||||||||||||||||||||||||||||||||||||||||||||||
accrued charges related to workforce reduction program | -27,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
rate settlement | |||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||
significant noncash investing and financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
base rate case refunds | |||||||||||||||||||||||||||||||||||||||||||||||||
net change in realized and unrealized derivative losses | 87,000,000 | -45,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
additions to gas and oil properties | -27,000,000 | -50,000,000 | -40,000,000 | -41,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
proposed rate settlement | |||||||||||||||||||||||||||||||||||||||||||||||||
revision to asset retirement obligation | |||||||||||||||||||||||||||||||||||||||||||||||||
costs associated with early retirement of debt | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of non-appalachian e&p business | |||||||||||||||||||||||||||||||||||||||||||||||||
extraordinary item, net of income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||
charges related to termination of vpp agreements | |||||||||||||||||||||||||||||||||||||||||||||||||
net change in realized and unrealized derivative (gains) losses | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of merchant generation peaking facilities | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of non-appalachian e&p business | |||||||||||||||||||||||||||||||||||||||||||||||||
dominion capital, inc. impairment loss | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of securities and loan receivable collections and payoffs | 531,000,000 | 438,000,000 | 289,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
dci impairment losses | |||||||||||||||||||||||||||||||||||||||||||||||||
charges (benefits) related to planned sale of gas distribution subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of gas and oil properties | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of emissions allowances held for consumption |