v3.26.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating Activities    
Net income including noncontrolling interests $ 2,388 $ 2,553
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation and amortization (including nuclear fuel) 2,197 2,002
Deferred income taxes 367 455
Deferred investment tax credits (benefits) (43) 281
Impairment of assets and other charges (benefits) 873 225
Net (gains) losses on nuclear decommissioning trust funds and other investments (453) (442)
Other adjustments (60) (35)
Changes in:    
Accounts receivable (372) (63)
Inventories (68) (124)
Deferred fuel and purchased gas costs, net (505) (493)
Prepayments and deposits, net (174) (545)
Accounts payable (7) (42)
Accrued interest, payroll and taxes 104 188
Net realized and unrealized changes related to derivative activities 460 551
Pension and other postretirement benefits (174) (205)
Other operating assets and liabilities 155 68
Net cash provided by operating activities 4,688 4,374
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (8,576) (9,255)
Acquisition of solar development projects (17) (12)
Proceeds from sales of securities 2,839 2,563
Purchases of securities (2,935) (2,670)
Contributions to equity method affiliates (4) (20)
Other (56) (107)
Net cash used in investing activities (8,749) (9,501)
Financing Activities    
Issuance (repayment) of short-term debt, net 851 22
364-day term loan facility borrowings 1,250 0
Repayment of 364-day term loan facility borrowings (1,250) 0
Issuance and remarketing of long-term debt 6,725 7,647
Repayment and repurchases of long-term debt (1,713) (972)
Repayment of securitization bonds (85) (80)
Supplemental credit facility borrowings 1,000 0
Supplemental credit facility repayments (1,000) 0
Proceeds from sale of noncontrolling interest in OSWP 0 (88)
Contributions from Stonepeak to OSWP 506 1,141
Distributions from OSWP to Stonepeak (246) (167)
Issuance of common stock 40 105
Common dividend payments (1,761) (1,708)
Other (36) (72)
Net cash provided by financing activities 4,281 5,828
Increase (decrease) in cash, restricted cash and equivalents 220 701
Cash, restricted cash and equivalents at beginning of period 343 365
Cash, restricted cash and equivalents at end of period 563 1,066
Virginia Electric and Power Company    
Operating Activities    
Net income including noncontrolling interests 2,367 1,810
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation and amortization (including nuclear fuel) 1,471 1,337
Deferred income taxes 284 225
Deferred investment tax credits (benefits) (15) (18)
Impairment of assets and other charges (benefits) 154 225
Net (gains) losses on nuclear decommissioning trust funds and other investments (58) (65)
Other adjustments (76) (71)
Changes in:    
Accounts receivable (402) (129)
Affiliated receivables and payables 99 (32)
Inventories (37) (66)
Deferred fuel and purchased gas costs, net (371) (464)
Prepayments and deposits, net (2) (59)
Accounts payable 117 64
Accrued interest, payroll and taxes 135 143
Net realized and unrealized changes related to derivative activities 265 95
Other operating assets and liabilities 298 323
Net cash provided by operating activities 4,229 3,318
Investing Activities    
Plant construction and other property additions (7,039) (7,531)
Purchases of nuclear fuel (107) (147)
Acquisition of solar development projects (16) (12)
Proceeds from sales of securities 1,979 1,412
Purchases of securities (2,054) (1,473)
Other 22 (78)
Net cash used in investing activities (7,215) (7,829)
Financing Activities    
Issuance (repayment) of short-term debt, net (190) (950)
Issuance (repayment) of affiliated current borrowings, net (770) (500)
Issuance and remarketing of long-term debt 4,100 3,172
Repayment and repurchases of long-term debt (750) (572)
Repayment of securitization bonds (85) (80)
Proceeds from sale of noncontrolling interest in OSWP 0 (88)
Contributions from Stonepeak to OSWP 506 1,141
Distributions from OSWP to Stonepeak (246) (167)
Issuance of common stock 450 3,500
Common dividend payments 0 (407)
Other 102 27
Net cash provided by financing activities 3,117 5,076
Increase (decrease) in cash, restricted cash and equivalents 131 565
Cash, restricted cash and equivalents at beginning of period 231 206
Cash, restricted cash and equivalents at end of period $ 362 $ 771