v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents [1] $ 296 $ 250 [2]
Customer receivables (less allowance for doubtful accounts) 2,773 2,531 [2]
Tax receivables 434 434 [2]
Other receivables (less allowance for doubtful accounts) [1],[3] 301 446 [2]
Inventories 2,007 1,957 [2]
Regulatory assets [1] 2,125 1,380 [2]
Derivative assets 490 335 [2]
Prepayments [1] 539 377 [2]
Other [1] 482 361 [2]
Assets held for sale 265 0 [2]
Total current assets 9,712 8,071 [2]
Investments    
Nuclear decommissioning trust funds 9,907 9,166 [2]
Investment in equity method affiliates 127 [4] 132 [2]
Other [1] 390 378 [2]
Total investments 10,424 9,676 [2]
Property, Plant and Equipment    
Property, plant and equipment [1] 109,913 106,315 [2]
Accumulated depreciation and amortization [1] (28,175) (27,348) [2]
Total property, plant and equipment, net 81,738 78,967 [2]
Deferred Charges and Other Assets    
Goodwill 4,143 4,143 [2]
Regulatory assets [1] 8,465 8,276 [2]
Other [1] 7,409 6,724 [2]
Total deferred charges and other assets 20,017 19,143 [2]
Total assets 121,891 115,857 [2]
Current Liabilities    
Securities due within one year [1] 4,043 2,409 [2]
Supplemental credit facility borrowings 200 0 [2]
Short-term debt 2,462 2,457 [2]
Accounts payable [1] 1,242 1,338 [2]
Accrued interest, payroll and taxes [1] 1,099 1,244 [2]
Regulatory liabilities 609 542 [2]
Other [1],[3] 2,219 2,454 [2]
Liabilities held for sale 132 0 [2]
Total current liabilities 12,006 10,444 [2]
Long-Term Debt    
Long-term debt 38,032 36,778 [2]
Securitization bonds [1] 794 883 [2]
Junior subordinated notes 7,462 5,978 [2]
Supplemental credit facility borrowings 0 0 [2]
Other 431 436 [2]
Total long-term debt 46,719 44,075 [2]
Deferred Credits and Other Liabilities    
Deferred income taxes 8,336 7,885 [2]
Deferred investment tax credits 1,500 1,591 [2]
Regulatory liabilities 9,422 9,072 [2]
Other 10,297 9,373 [1],[2]
Total deferred credits and other liabilities 29,555 27,921 [2]
Total liabilities 88,280 82,440 [2]
Commitments and Contingencies (see Note 16)
Shareholders' Equity    
Preferred stock (see Note 15) 991 991 [2]
Common stock - no par [5] 25,947 25,892 [2]
Retained earnings 2,084 2,318 [2]
Accumulated other comprehensive loss (100) (118) [2]
Shareholders' equity 28,922 29,083 [2]
Noncontrolling interests 4,689 4,334 [2]
Total equity 33,611 33,417 [2]
Total liabilities and equity 121,891 115,857 [2]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents [6] 193 170 [7]
Customer receivables (less allowance for doubtful accounts) 2,193 1,930 [7]
Other receivables (less allowance for doubtful accounts) [6] 193 252 [7]
Affiliated receivables 132 35 [7]
Inventories 1,291 1,250 [7]
Regulatory assets [6] 1,670 1,110 [7]
Derivative assets [8] 310 212 [7]
Other [6] 153 166 [7]
Total current assets 6,135 5,125 [7]
Investments    
Nuclear decommissioning trust funds 5,273 4,864 [7]
Other [6] 6 4 [7]
Total investments 5,279 4,868 [7]
Property, Plant and Equipment    
Property, plant and equipment [6] 84,120 80,121 [7]
Accumulated depreciation and amortization (19,763) [6] (19,157) [7]
Total property, plant and equipment, net 64,357 60,964 [7]
Deferred Charges and Other Assets    
Regulatory assets [6] 4,583 4,526 [7]
Other [6],[8] 4,197 3,760 [7]
Total deferred charges and other assets 8,780 8,286 [7]
Total assets 84,551 79,243 [7]
Current Liabilities    
Securities due within one year [6] 1,967 1,366 [7]
Short-term debt 992 675 [7]
Accounts payable [6] 824 821 [7]
Payables to affiliates 162 216 [7]
Affiliated current borrowings 1,398 1,173 [7]
Accrued interest, payroll and taxes [6] 483 450 [7]
Regulatory liabilities 439 374 [7]
Other [6],[8] 1,705 1,900 [7]
Total current liabilities 7,970 6,975 [7]
Long-Term Debt    
Long-term debt 21,430 20,651 [7]
Securitization bonds [6] 794 883 [7]
Other 201 194 [7]
Total long-term debt 22,425 21,728 [7]
Deferred Credits and Other Liabilities    
Deferred income taxes 5,343 4,921 [7]
Deferred investment tax credits 611 616 [7]
Regulatory liabilities 6,863 6,530 [7]
Other [6],[8] 7,777 6,934 [7]
Total deferred credits and other liabilities 20,594 19,001 [7]
Total liabilities 50,989 47,704 [7]
Commitments and Contingencies (see Note 16)
Shareholders' Equity    
Common stock - no par [9] 12,937 12,487 [7]
Other paid-in capital 999 999 [7]
Retained earnings 14,907 13,687 [7]
Accumulated other comprehensive loss 30 32 [7]
Shareholders' equity 28,873 27,205 [7]
Noncontrolling interests 4,689 4,334 [7]
Total equity 33,562 31,539 [7]
Total liabilities and equity $ 84,551 $ 79,243 [7]
[1] See Note 14 for amounts attributable to VIEs.
[2] Dominion Energy’s Consolidated Balance Sheet at December 31, 2025 has been derived from the audited Consolidated Balance Sheet at that date.
[3] See Note 9 for amounts attributable to related parties.
[4] Excludes liability to Atlantic Coast Pipeline.
[5] 1.8 billion shares authorized; 880 million shares and 879 million shares outstanding at June 30, 2026 and December 31, 2025, respectively.
[6] See Note 14 for amounts attributable to VIEs.
[7] Virginia Power’s Consolidated Balance Sheet at December 31, 2025 has been derived from the audited Consolidated Balance Sheet at that date.
[8] See Note 18 for amounts attributable to affiliates.
[9] 500,000 shares authorized; 379,927 and 373,881 shares outstanding at June 30, 2026 and December 31, 2025, respectively.