v3.25.2
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net income including noncontrolling interests $ 814 $ 563 $ 1,525 $ 966
Other comprehensive income (loss), net of taxes:        
Net deferred gains (losses) on derivatives-hedging activities [1] 0 2 (16) 9
Changes in unrealized net gains (losses) on investment securities [2] (2) 5 [3] 9 (17) [3]
Changes in net unrecognized pension and other postretirement benefit costs (credits) [4] 0 0 0 0
Amounts reclassified to net income (loss):        
Net derivative (gains) losses-hedging activities [5] 7 9 15 16
Net realized (gains) losses on investment securities [6] 2 0 4 6
Net pension and other postretirement benefit costs (credits) [7] (2) (5) (5) (6)
Total other comprehensive income (loss) 5 11 7 8
Comprehensive income including noncontrolling interests 819 574 1,532 974
Comprehensive income (loss) attributable to noncontrolling interests 54 0 100 0
Comprehensive income 765 574 1,432 974
Virginia Electric and Power Company        
Net income including noncontrolling interests 589 477 1,120 938
Other comprehensive income (loss), net of taxes:        
Net deferred gains (losses) on derivatives-hedging activities [8] 2 2 (5) 9
Changes in unrealized net gains (losses) on investment securities [9] (2) 0 [10] 0 (4) [10]
Amounts reclassified to net income (loss):        
Net realized (gains) losses on investment securities [11] 0 1 0 2
Total other comprehensive income (loss) 0 3 (5) 7
Comprehensive income including noncontrolling interests 589 480 1,115 945
Comprehensive income (loss) attributable to noncontrolling interests 54 0 100 0
Comprehensive income $ 535 $ 480 $ 1,015 $ 945
[1] Net of $— million and $(2) million tax for the three months ended June 30, 2025 and 2024, respectively, and net of $5 million and $(3) million tax for the six months ended June 30, 2025 and 2024, respectively.
[2] Net of $(1) million and $(4) million tax for the three months ended June 30, 2025 and 2024, respectively, and net of $(8) million and $10 million tax for the six months ended June 30, 2025 and 2024, respectively.
[3] As previously reported, net of $(2) million and $8 million tax for the three and six months ended June 30, 2024, respectively. As revised, net of $(4) million ($(2) million adjustment) and $10 million ($2 million adjustment) tax for the three and six months ended June 30, 2024, respectively.
[4] Net of $— million and $— million tax for the three months ended June 30, 2025 and 2024, respectively, and net of $— million and $— million tax for the six months ended June 30, 2025 and 2024, respectively.
[5] Net of $(3) million and $(2) million tax for the three months ended June 30, 2025 and 2024, respectively, and net of $(5) million and $(6) million tax for the six months ended June 30, 2025 and 2024, respectively.
[6] Net of $(1) million and $— million tax for the three months ended June 30, 2025 and 2024, respectively, and net of $(1) million and $(2) million tax for the six months ended June 30, 2025 and 2024, respectively.
[7] Net of $1 million and $— million tax for the three months ended June 30, 2025 and 2024, respectively, and net of $1 million and $3 million tax for the six months ended June 30, 2025 and 2024, respectively.
[8] Net of $— million and $(2) million tax for the three months ended June 30, 2025 and 2024, respectively, and net of $2 million and $(3) million tax for the six months ended June 30, 2025 and 2024, respectively.
[9] Net of $— million and $(1) million tax for the three months ended June 30, 2025 and 2024, respectively, and net of $— million and $1 million tax for the six months ended June 30, 2025 and 2024, respectively.
[10] As previously reported, net of $- million and $1 million tax for the three and six months ended June 30, 2024, respectively. As revised, net of $(1) million ($(1) million adjustment) and $1 million ($- million adjustment) tax for the three and six months ended June 30, 2024, respectively.
[11] Net of $— million and $1 million tax for the three months ended June 30, 2025 and 2024, respectively, and net of $— million and $— million tax for the six months ended June 30, 2025 and 2024, respectively.