v3.26.1
Virginia Electric and Power Company Consolidated Statements of Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Retained Earnings
AOCI
Shareholder's Equity
Noncontrolling Interests
Virginia Electric and Power Company
Virginia Electric and Power Company
Common Stock
Virginia Electric and Power Company
Other Paid-In Capital
Virginia Electric and Power Company
Retained Earnings
Virginia Electric and Power Company
AOCI
Virginia Electric and Power Company
Shareholder's Equity
Virginia Electric and Power Company
Noncontrolling Interests
Beginning balance at Dec. 31, 2024 $ 29,802 $ 24,383 $ 1,641 $ (152) $ 26,863 $ 2,939 $ 25,096 $ 8,987 $ 1,006 $ 12,136 $ 28 $ 22,157 $ 2,939
Beginning balance (in shares) at Dec. 31, 2024   852,000           324          
Net income including noncontrolling interests 1,525   1,425   1,425 100 1,120     1,020   1,020 100
Issuance of stock 70 $ 70     70   2,100 $ 2,100       2,100  
Issuance of stock (in shares)   1,000           30          
Sale of noncontrolling interest in OSWP (7) $ (7)     (7)   (7)   (7)     (7)  
Contributions from Stonepeak to OSWP 724         724 724           724
Distributions from OSWP to Stonepeak (106)         (106) (106)           (106)
Other comprehensive income (loss), net of tax 7     7 7   (5)       (5) (5)  
Other (1) (1)     (1)                
Ending balance at Jun. 30, 2025 30,872 $ 24,463 1,906 (145) 27,215 3,657 28,922 $ 11,087 999 13,156 23 25,265 3,657
Ending balance (in shares) at Jun. 30, 2025   853,000           354          
Beginning balance at Mar. 31, 2025 30,349 $ 24,424 1,727 (150) 26,992 3,357 25,995 $ 8,987 1,006 12,622 23 22,638 3,357
Beginning balance (in shares) at Mar. 31, 2025   853,000           324          
Net income including noncontrolling interests 814   760   760 54 589     535   535 54
Issuance of stock 35 $ 35     35   2,100 $ 2,100       2,100  
Issuance of stock (in shares)               30          
Sale of noncontrolling interest in OSWP (7) (7)     (7)   (7)   (7)     (7)  
Contributions from Stonepeak to OSWP 324         324 324           324
Distributions from OSWP to Stonepeak (78)         (78) (78)           (78)
Other comprehensive income (loss), net of tax 5     5 5   0       0    
Other   (1) 1       (1)     (1)   (1)  
Ending balance at Jun. 30, 2025 30,872 $ 24,463 1,906 (145) 27,215 3,657 28,922 $ 11,087 999 13,156 23 25,265 3,657
Ending balance (in shares) at Jun. 30, 2025   853,000           354          
Beginning balance at Dec. 31, 2025 33,417 [1] $ 25,892 2,318 (118) 29,083 4,334 31,539 [2] $ 12,487 999 13,687 32 27,205 4,334
Beginning balance (in shares) at Dec. 31, 2025   879,000           374          
Net income including noncontrolling interests 1,114   961   961 153 1,373     1,220   1,220 153
Issuance of stock 38 $ 38     38   450 $ 450       450  
Issuance of stock (in shares)   1,000           6          
Contributions from Stonepeak to OSWP 370         370 370           370
Distributions from OSWP to Stonepeak (168)         (168) (168)           (168)
Other comprehensive income (loss), net of tax 18     18 18   (2)       (2) (2)  
Other (1)   (1)   (1)                
Ending balance at Jun. 30, 2026 33,611 $ 25,947 2,084 (100) 28,922 4,689 33,562 $ 12,937 999 14,907 30 28,873 4,689
Ending balance (in shares) at Jun. 30, 2026   880,000           380          
Beginning balance at Mar. 31, 2026 33,708 $ 25,931 2,341 (116) 29,147 4,561 32,386 $ 12,487 999 14,310 29 27,825 4,561
Beginning balance (in shares) at Mar. 31, 2026   879,000           374          
Net income including noncontrolling interests 329   340   340 (11) 586     597   597 (11)
Issuance of stock 5 $ 5     5   450 $ 450       450  
Issuance of stock (in shares)   1,000           6          
Contributions from Stonepeak to OSWP 234         234 234           234
Distributions from OSWP to Stonepeak (95)         (95) (95)           (95)
Other comprehensive income (loss), net of tax 16     16 16   1       1 1  
Other (1)   (1)   (1)                
Ending balance at Jun. 30, 2026 $ 33,611 $ 25,947 $ 2,084 $ (100) $ 28,922 $ 4,689 $ 33,562 $ 12,937 $ 999 $ 14,907 $ 30 $ 28,873 $ 4,689
Ending balance (in shares) at Jun. 30, 2026   880,000           380          
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2025 has been derived from the audited Consolidated Balance Sheet at that date.
[2] Virginia Power’s Consolidated Balance Sheet at December 31, 2025 has been derived from the audited Consolidated Balance Sheet at that date.