v3.26.3
Operating Segments
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Operating Segments

Note 20. Operating Segments

The Companies are organized primarily on the basis of products and services sold in the U.S. A description of the operations included in the Companies’ primary operating segments is as follows:

 

Primary Operating Segment

 

Description of Operations

 

Dominion
Energy

 

Virginia
Power

Dominion Energy
   Virginia

 

Regulated electric distribution

 

X

 

X

 

 

Regulated electric transmission

 

X

 

X

 

 

Regulated electric generation
   fleet(1)

 

X

 

X

Dominion Energy
   South Carolina

 

Regulated electric distribution

 

X

 

 

 

 

Regulated electric transmission

 

X

 

 

 

 

Regulated electric generation
   fleet

 

X

 

 

 

 

Regulated gas distribution
   and storage

 

X

 

 

Contracted Energy(2)

 

Nonregulated electric
   generation fleet

 

X

 

 

 

(1)
Includes Virginia Power’s non-jurisdictional solar generation operations.
(2)
Includes renewable natural gas and offshore wind installation vessel operations.

In addition to the operating segments above, the Companies also report a Corporate and Other segment.

Dominion Energy

The Corporate and Other Segment of Dominion Energy includes its corporate, service company and other functions (including unallocated debt) as well as its noncontrolling interest in Dominion Privatization. In addition, Corporate and Other includes specific items attributable to Dominion Energy’s operating segments that are not included in profit measures evaluated by executive management in assessing the segments’ performance or in allocating resources, including the net impact of the operations reflected as discontinued operations, which includes a noncontrolling interest in Atlantic Coast Pipeline, as discussed in Note 9 of this report as well as Note 9 to the Consolidated Financial Statements in Dominion Energy’s Annual Report on Form 10-K for the year ended December 31, 2025.

Dominion Energy’s CODM is the CEO. The Dominion Energy CODM uses net income (loss) as the primary profit or loss measure at each segment. The Dominion Energy CODM considers budget-to-actual variances on a quarterly basis when making decisions about allocating operating and capital resources to each segment, when assessing the performance of each segment and when determining the compensation of certain employees.

In the nine months ended September 30, 2026, Dominion Energy reported after-tax net expenses of $826 million in the Corporate and Other segment, including $577 million of after-tax net expenses for specific items with $572 million of after-tax net expenses attributable to its operating segments. In the nine months ended September 30, 2025, Dominion Energy reported after-tax net expenses of $108 million in the Corporate and Other segment, including $58 million of after-tax net income for specific items with $81 million of after-tax net income attributable to its operating segments.

The net expenses for specific items attributable to Dominion Energy’s operating segments in 2026 primarily related to the impact of the following items:

•
A $820 million ($640 million after-tax) charge for the impairment of nonregulated renewable natural gas facilities, attributable to Contracted Energy;
•
$172 million ($129 million after-tax) of net unrealized losses related to economic hedging activities, attributable to Contracted Energy;
•
A $119 million ($88 million after-tax) loss associated with severe weather events, attributable to Dominion Energy Virginia;
•
A $79 million ($61 million after-tax) charge associated with certain nonregulated solar generation facilities, attributable to Contracted Energy;
•
$65 million ($48 million after-tax) net charges for Virginia Power’s share of costs not expected to be recovered from customers on the CVOW Commercial Project, attributable to Dominion Energy Virginia;
•
A $24 million ($18 million after-tax) charge for the disallowance of certain strategic undergrounding costs, attributable to Dominion Energy Virginia; and
•
A $14 million ($11 million after-tax) charge for the termination of certain supply contracts associated with renewable natural gas operations, attributable to Contracted Energy; partially offset by
•
$438 million ($293 million after-tax) of gains related to investments in nuclear decommissioning trust funds, attributable to:
•
Contracted Energy ($256 million after-tax); and
•
Dominion Energy Virginia ($37 million after-tax); and
•
A $195 million ($142 million after-tax) benefit related to the revision of AROs for Millstone Unit 1, attributable to Contracted Energy.

The net income for specific items attributable to Dominion Energy’s operating segments in 2025 primarily related to the impact of the following items:

•
A $415 million ($255 million after-tax) gain related to investments in nuclear decommissioning trust funds, attributable to:
•
Contracted Energy ($221 million after-tax); and
•
Dominion Energy Virginia ($34 million after-tax); partially offset by
•
A $112 million ($84 million after-tax) charge for Virginia Power’s share of costs not expected to be recovered from customers on the CVOW Commercial Project, attributable to Dominion Energy Virginia;
•
A $106 million ($79 million after-tax) loss associated with severe weather events, attributable to Dominion Energy Virginia; and
•
A $16 million ($12 million after-tax) net unrealized loss related to economic hedging activities, attributable to Contracted Energy.

 

The following tables present segment information pertaining to Dominion Energy’s operations:

Three Months Ended September 30,

Dominion Energy Virginia

 

 

Dominion Energy South Carolina

 

 

Contracted Energy

 

 

Corporate
and Other

 

 

Adjustments &
Eliminations

 

 

Consolidated
Total

 

(millions, unless otherwise noted)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from external customers

$

4,214

 

 

$

1,111

 

 

$

302

 

 

$

(10

)

 

$

—

 

 

$

5,617

 

Intersegment revenue

 

4

 

 

 

3

 

 

 

35

 

 

 

345

 

 

 

(387

)

 

 

—

 

Total Operating Revenue

 

4,218

 

 

 

1,114

 

 

 

337

 

 

 

335

 

 

 

(387

)

 

 

5,617

 

Electric fuel and other energy-related purchases(1)

 

1,296

 

 

 

277

 

 

 

34

 

 

 

—

 

 

 

(4

)

 

 

1,603

 

Purchased electric capacity(1)

 

103

 

 

 

5

 

 

 

—

 

 

 

—

 

 

 

(2

)

 

 

106

 

Purchased gas(1)

 

—

 

 

 

35

 

 

 

5

 

 

 

—

 

 

 

—

 

 

 

40

 

Other operations and maintenance(1)(2)

 

744

 

 

 

183

 

 

 

153

 

 

 

374

 

 

 

(365

)

 

 

1,089

 

Depreciation and amortization(1)

 

509

 

 

 

163

 

 

 

40

 

 

 

22

 

 

 

(12

)

 

 

722

 

Other taxes(1)

 

104

 

 

 

83

 

 

 

16

 

 

 

15

 

 

 

(3

)

 

 

215

 

Total Operating Expenses

 

2,756

 

 

 

746

 

 

 

248

 

 

 

411

 

 

 

(386

)

 

 

3,775

 

Interest and related charges(1)

 

312

 

 

 

76

 

 

 

24

 

 

 

259

 

 

 

(48

)

 

 

623

 

Income tax expense (benefit)(1)

 

232

 

 

 

65

 

 

 

(41

)

 

 

(41

)

 

 

—

 

 

 

215

 

Equity in earnings (losses) of equity method investees(3)

 

—

 

 

 

—

 

 

 

—

 

 

 

2

 

 

 

—

 

 

 

2

 

Other income (expense)(3)

 

48

 

 

 

—

 

 

 

(3

)

 

 

184

 

 

 

—

 

 

 

229

 

Interest income(3)

 

10

 

 

 

3

 

 

 

31

 

 

 

43

 

 

 

(47

)

 

 

40

 

Net Income (Loss) From Discontinued Operations
   Including Noncontrolling Interests

 

—

 

 

 

—

 

 

 

—

 

 

 

(1

)

 

 

—

 

 

 

(1

)

Noncontrolling Interests(3)

 

114

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

114

 

Net Income (Loss) Attributable to
   Dominion Energy

 

862

 

 

 

230

 

 

 

134

 

 

 

(66

)

 

 

—

 

 

 

1,160

 

Investment in equity method investees(4)

 

—

 

 

 

—

 

 

 

87

 

 

 

36

 

 

 

—

 

 

 

123

 

Total assets (billions)

 

88.2

 

 

 

20.5

 

 

 

11.1

 

 

 

10.0

 

 

 

(5.0

)

 

 

124.8

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from external customers

$

3,313

 

 

$

942

 

 

$

290

 

 

$

(18

)

 

$

—

 

 

$

4,527

 

Intersegment revenue

 

(2

)

 

 

3

 

 

 

7

 

 

 

299

 

 

 

(307

)

 

 

—

 

Total Operating Revenue

 

3,311

 

 

 

945

 

 

 

297

 

 

 

281

 

 

 

(307

)

 

 

4,527

 

Electric fuel and other energy-related purchases(1)

 

1,071

 

 

 

239

 

 

 

31

 

 

 

—

 

 

 

(4

)

 

 

1,337

 

Purchased electric capacity(1)

 

32

 

 

 

5

 

 

 

—

 

 

 

—

 

 

 

(1

)

 

 

36

 

Purchased gas(1)

 

—

 

 

 

30

 

 

 

1

 

 

 

—

 

 

 

—

 

 

 

31

 

Other operations and maintenance(1)(2)

 

581

 

 

 

168

 

 

 

103

 

 

 

428

 

 

 

(300

)

 

 

980

 

Depreciation and amortization(1)

 

415

 

 

 

141

 

 

 

30

 

 

 

23

 

 

 

—

 

 

 

609

 

Other taxes(1)

 

92

 

 

 

77

 

 

 

15

 

 

 

13

 

 

 

(2

)

 

 

195

 

Total Operating Expenses

 

2,191

 

 

 

660

 

 

 

180

 

 

 

464

 

 

 

(307

)

 

 

3,188

 

Interest and related charges(1)

 

236

 

 

 

69

 

 

 

15

 

 

 

250

 

 

 

(43

)

 

 

527

 

Income tax expense (benefit)(1)

 

169

 

 

 

53

 

 

 

(33

)

 

 

27

 

 

 

—

 

 

 

216

 

Equity in earnings (losses) of equity method investees(3)

 

—

 

 

 

—

 

 

 

1

 

 

 

(1

)

 

 

—

 

 

 

—

 

Other income (expense)(3)

 

45

 

 

 

—

 

 

 

7

 

 

 

354

 

 

 

—

 

 

 

406

 

Interest income(3)

 

5

 

 

 

5

 

 

 

22

 

 

 

37

 

 

 

(43

)

 

 

26

 

Net Income (Loss) From Discontinued Operations
   Including Noncontrolling Interests

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Noncontrolling Interests(3)

 

86

 

 

 

—

 

 

 

—

 

 

 

(64

)

 

 

—

 

 

 

22

 

Net Income (Loss) Attributable to
   Dominion Energy

 

679

 

 

 

168

 

 

 

165

 

 

 

(6

)

 

 

—

 

 

 

1,006

 
(1)
The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Dominion Energy’s CODM.
(2)
Includes impairment of assets and other charges (benefits).
(3)
Items designated are other segment items for each reportable segment.
(4)
Excludes liability to Atlantic Coast Pipeline.

 

Nine Months Ended September 30,

Dominion Energy Virginia

 

 

Dominion Energy South Carolina

 

 

Contracted Energy

 

 

Corporate
and Other

 

 

Adjustments &
Eliminations

 

 

Consolidated
Total

 

(millions, unless otherwise noted)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from external customers

$

11,392

 

 

$

2,976

 

 

$

903

 

 

$

(155

)

 

$

—

 

 

$

15,116

 

Intersegment revenue

 

12

 

 

 

8

 

 

 

119

 

 

 

1,047

 

 

 

(1,186

)

 

 

—

 

Total Operating Revenue

 

11,404

 

 

 

2,984

 

 

 

1,022

 

 

 

892

 

 

 

(1,186

)

 

 

15,116

 

Electric fuel and other energy-related purchases(1)

 

3,732

 

 

 

700

 

 

 

96

 

 

 

7

 

 

 

(11

)

 

 

4,524

 

Purchased electric capacity(1)

 

246

 

 

 

12

 

 

 

—

 

 

 

—

 

 

 

(3

)

 

 

255

 

Purchased gas(1)

 

—

 

 

 

223

 

 

 

13

 

 

 

—

 

 

 

—

 

 

 

236

 

Other operations and maintenance(1)(2)

 

2,001

 

 

 

530

 

 

 

515

 

 

 

1,972

 

 

 

(1,101

)

 

 

3,917

 

Depreciation and amortization(1)

 

1,347

 

 

 

465

 

 

 

128

 

 

 

64

 

 

 

(36

)

 

 

1,968

 

Other taxes(1)

 

309

 

 

 

251

 

 

 

49

 

 

 

54

 

 

 

(10

)

 

 

653

 

Total Operating Expenses

 

7,635

 

 

 

2,181

 

 

 

801

 

 

 

2,097

 

 

 

(1,161

)

 

 

11,553

 

Interest and related charges(1)

 

832

 

 

 

221

 

 

 

76

 

 

 

763

 

 

 

(153

)

 

 

1,739

 

Income tax expense (benefit)(1)

 

562

 

 

 

129

 

 

 

(55

)

 

 

(251

)

 

 

—

 

 

 

385

 

Equity in earnings (losses) of equity method investees(3)

 

—

 

 

 

—

 

 

 

—

 

 

 

2

 

 

 

—

 

 

 

2

 

Other income (expense)(3)

 

138

 

 

 

(1

)

 

 

(9

)

 

 

694

 

 

 

18

 

 

 

840

 

Interest income(3)

 

20

 

 

 

9

 

 

 

93

 

 

 

134

 

 

 

(146

)

 

 

110

 

Net Income (Loss) From Discontinued Operations
   Including Noncontrolling Interests

 

—

 

 

 

—

 

 

 

—

 

 

 

(3

)

 

 

—

 

 

 

(3

)

Noncontrolling Interests(3)

 

331

 

 

 

—

 

 

 

—

 

 

 

(64

)

 

 

—

 

 

 

267

 

Net Income (Loss) Attributable to
   Dominion Energy

 

2,202

 

 

 

461

 

 

 

284

 

 

 

(826

)

 

 

—

 

 

 

2,121

 

Investment in equity method investees(4)

 

—

 

 

 

—

 

 

 

87

 

 

 

36

 

 

 

—

 

 

 

123

 

Capital expenditures

 

7,163

 

 

 

984

 

 

 

435

 

 

 

74

 

 

 

(63

)

 

 

8,593

 

Total assets (billions)

 

88.2

 

 

 

20.5

 

 

 

11.1

 

 

 

10.0

 

 

 

(5.0

)

 

 

124.8

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from external customers

$

8,818

 

 

$

2,724

 

 

$

834

 

 

$

37

 

 

$

—

 

 

$

12,413

 

Intersegment revenue

 

(1

)

 

 

8

 

 

 

15

 

 

 

901

 

 

 

(923

)

 

 

—

 

Total Operating Revenue

 

8,817

 

 

 

2,732

 

 

 

849

 

 

 

938

 

 

 

(923

)

 

 

12,413

 

Electric fuel and other energy-related purchases(1)

 

2,569

 

 

 

605

 

 

 

81

 

 

 

—

 

 

 

(10

)

 

 

3,245

 

Purchased electric capacity(1)

 

56

 

 

 

9

 

 

 

—

 

 

 

—

 

 

 

(2

)

 

 

63

 

Purchased gas(1)

 

—

 

 

 

220

 

 

 

1

 

 

 

—

 

 

 

—

 

 

 

221

 

Other operations and maintenance(1)(2)

 

1,671

 

 

 

516

 

 

 

378

 

 

 

1,195

 

 

 

(903

)

 

 

2,857

 

Depreciation and amortization(1)

 

1,208

 

 

 

423

 

 

 

74

 

 

 

66

 

 

 

—

 

 

 

1,771

 

Other taxes(1)

 

281

 

 

 

231

 

 

 

45

 

 

 

49

 

 

 

(8

)

 

 

598

 

Total Operating Expenses

 

5,785

 

 

 

2,004

 

 

 

579

 

 

 

1,310

 

 

 

(923

)

 

 

8,755

 

Interest and related charges(1)

 

733

 

 

 

210

 

 

 

31

 

 

 

694

 

 

 

(155

)

 

 

1,513

 

Income tax expense (benefit)(1)

 

412

 

 

 

100

 

 

 

7

 

 

 

(43

)

 

 

—

 

 

 

476

 

Equity in earnings (losses) of equity method investees(3)

 

—

 

 

 

—

 

 

 

—

 

 

 

(8

)

 

 

—

 

 

 

(8

)

Other income (expense)(3)

 

119

 

 

 

—

 

 

 

(1

)

 

 

674

 

 

 

—

 

 

 

792

 

Interest income(3)

 

17

 

 

 

11

 

 

 

90

 

 

 

137

 

 

 

(155

)

 

 

100

 

Net Income (Loss) From Discontinued Operations
   Including Noncontrolling Interests

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Noncontrolling Interests(3)

 

234

 

 

 

—

 

 

 

—

 

 

 

(112

)

 

 

—

 

 

 

122

 

Net Income (Loss) Attributable to
   Dominion Energy

 

1,789

 

 

 

429

 

 

 

321

 

 

 

(108

)

 

 

—

 

 

 

2,431

 

Capital expenditures

 

7,695

 

 

 

832

 

 

 

682

 

 

 

56

 

 

 

2

 

 

 

9,267

 
(1)
The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Dominion Energy’s CODM.
(2)
Includes impairment of assets and other charges (benefits).
(3)
Items designated are other segment items for each reportable segment.
(4)
Excludes liability to Atlantic Coast Pipeline.

Intersegment sales and transfers for Dominion Energy are based on contractual arrangements and may result in intersegment profit or loss that is eliminated in consolidation, including amounts related to entities presented within discontinued operations.

Virginia Power

The Corporate and Other Segment of Virginia Power primarily includes specific items attributable to its operating segment that are not included in profit measures evaluated by executive management in assessing the segment’s performance or in allocating resources.

Virginia Power’s CODM is the CEO. The Virginia Power CODM uses net income (loss) as the primary profit or loss measure at each segment. The Virginia Power CODM considers budget-to-actual variances on a quarterly basis when making decisions about allocating operating and capital resources to each segment, when assessing the performance of each segment and when determining the compensation of certain employees.

In the nine months ended September 30, 2026, Virginia Power reported after-tax net expenses of $102 million in the Corporate and Other segment, including $126 million of after-tax net expenses for specific items all of which was attributable to its operating segment. In the nine months ended September 30, 2025, Virginia Power reported after-tax net expenses of $101 million in the Corporate and Other segment, including $127 million of after-tax net expenses for specific items all of which was attributable to its operating segment.

The net expenses for specific items attributable to Virginia Power’s operating segment in 2026 primarily related to the impact of the following items:

•
A $119 million ($88 million after-tax) loss associated with severe weather events;
•
$65 million ($48 million after-tax) net charges for Virginia Power’s share of costs not expected to be recovered from customers on the CVOW Commercial Project; and
•
A $24 million ($18 million after-tax) charge for the disallowance of certain strategic undergrounding costs; partially offset by
•
$63 million ($37 million after-tax) of gains related to investments in nuclear decommissioning trust funds.

The net expenses for specific items attributable to Virginia Power’s operating segment in 2025 primarily related to the impact of the following items:

•
A $112 million ($84 million after-tax) charge for Virginia Power’s share of costs not expected to be recovered from customers on the CVOW Commercial Project; and
•
A $106 million ($79 million after-tax) loss associated with severe weather events; partially offset by
•
A $59 million ($34 million after-tax) gain related to investments in nuclear decommissioning trust funds.

The following tables present segment information pertaining to Virginia Power’s operations:

Three Months Ended September 30,

 

Dominion Energy Virginia

 

 

Corporate and Other

 

 

Consolidated
Total

 

(millions, unless otherwise noted)

 

 

 

 

 

 

 

 

 

2026

 

 

 

 

 

 

 

 

 

Operating Revenue

 

$

4,218

 

 

$

—

 

 

$

4,218

 

Electric fuel and other energy-related purchases(1)

 

 

1,296

 

 

 

—

 

 

 

1,296

 

Purchased electric capacity(1)

 

 

103

 

 

 

—

 

 

 

103

 

Other operations and maintenance(1)(2)

 

 

745

 

 

 

2

 

 

 

747

 

Depreciation and amortization(1)

 

 

509

 

 

 

—

 

 

 

509

 

Other taxes(1)

 

 

104

 

 

 

—

 

 

 

104

 

Total Operating Expenses

 

 

2,757

 

 

 

2

 

 

 

2,759

 

Interest and related charges(1)

 

 

311

 

 

 

1

 

 

 

312

 

Income tax expense (benefit)(1)

 

 

232

 

 

 

(12

)

 

 

220

 

Other income (expense)(3)

 

 

48

 

 

 

9

 

 

 

57

 

Interest income(3)

 

 

10

 

 

 

—

 

 

 

10

 

Noncontrolling Interests(3)

 

 

114

 

 

 

—

 

 

 

114

 

Net Income Attributable to Virginia Power

 

 

862

 

 

 

18

 

 

 

880

 

Total assets (billions)

 

 

86.8

 

 

 

—

 

 

 

86.8

 

2025

 

 

 

 

 

 

 

 

 

Operating Revenue

 

$

3,311

 

 

$

—

 

 

$

3,311

 

Electric fuel and other energy-related purchases(1)

 

 

1,071

 

 

 

—

 

 

 

1,071

 

Purchased electric capacity(1)

 

 

32

 

 

 

—

 

 

 

32

 

Other operations and maintenance(1)(2)

 

 

581

 

 

 

125

 

 

 

706

 

Depreciation and amortization(1)

 

 

415

 

 

 

3

 

 

 

418

 

Other taxes(1)

 

 

92

 

 

 

1

 

 

 

93

 

Total Operating Expenses

 

 

2,191

 

 

 

129

 

 

 

2,320

 

Interest and related charges(1)

 

 

236

 

 

 

(1

)

 

 

235

 

Income tax expense (benefit)(1)

 

 

169

 

 

 

(18

)

 

 

151

 

Other income (expense)(3)

 

 

45

 

 

 

34

 

 

 

79

 

Interest income(3)

 

 

5

 

 

 

1

 

 

 

6

 

Noncontrolling Interests(3)

 

 

86

 

 

 

(64

)

 

 

22

 

Net Income (Loss) Attributable to Virginia Power

 

 

679

 

 

 

(11

)

 

 

668

 
(1)
The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Virginia Power’s CODM.
(2)
Includes impairment of assets and other charges (benefits).
(3)
Items designated are other segment items for each reportable segment.

 

Nine Months Ended September 30,

 

Dominion Energy Virginia

 

 

Corporate and Other

 

 

Consolidated
Total

 

(millions, unless otherwise noted)

 

 

 

 

 

 

 

 

 

2026

 

 

 

 

 

 

 

 

 

Operating Revenue

 

$

11,405

 

 

$

(70

)

 

$

11,335

 

Electric fuel and other energy-related purchases(1)

 

 

3,732

 

 

 

7

 

 

 

3,739

 

Purchased electric capacity(1)

 

 

246

 

 

 

—

 

 

 

246

 

Other operations and maintenance(1)(2)

 

 

2,002

 

 

 

194

 

 

 

2,196

 

Depreciation and amortization(1)

 

 

1,347

 

 

 

—

 

 

 

1,347

 

Other taxes(1)

 

 

309

 

 

 

—

 

 

 

309

 

Total Operating Expenses

 

 

7,636

 

 

 

201

 

 

 

7,837

 

Interest and related charges(1)

 

 

832

 

 

 

1

 

 

 

833

 

Income tax expense (benefit)(1)

 

 

562

 

 

 

(43

)

 

 

519

 

Other income (expense)(3)

 

 

138

 

 

 

63

 

 

 

201

 

Interest income(3)

 

 

20

 

 

 

—

 

 

 

20

 

Noncontrolling Interests(3)

 

 

331

 

 

 

(64

)

 

 

267

 

Net Income (Loss) Attributable to Virginia Power

 

 

2,202

 

 

 

(102

)

 

 

2,100

 

Capital expenditures

 

 

7,162

 

 

 

—

 

 

 

7,162

 

Total assets (billions)

 

 

86.8

 

 

 

—

 

 

 

86.8

 

2025

 

 

 

 

 

 

 

 

 

Operating Revenue

 

$

8,817

 

 

$

(29

)

 

$

8,788

 

Electric fuel and other energy-related purchases(1)

 

 

2,569

 

 

 

—

 

 

 

2,569

 

Purchased electric capacity(1)

 

 

56

 

 

 

—

 

 

 

56

 

Other operations and maintenance(1)(2)

 

 

1,671

 

 

 

294

 

 

 

1,965

 

Depreciation and amortization(1)

 

 

1,208

 

 

 

4

 

 

 

1,212

 

Other taxes(1)

 

 

281

 

 

 

1

 

 

 

282

 

Total Operating Expenses

 

 

5,785

 

 

 

299

 

 

 

6,084

 

Interest and related charges(1)

 

 

733

 

 

 

(4

)

 

 

729

 

Income tax expense (benefit)(1)

 

 

412

 

 

 

(56

)

 

 

356

 

Other income (expense)(3)

 

 

119

 

 

 

54

 

 

 

173

 

Interest income(3)

 

 

17

 

 

 

1

 

 

 

18

 

Noncontrolling Interests(3)

 

 

234

 

 

 

(112

)

 

 

122

 

Net Income (Loss) Attributable to Virginia Power

 

 

1,789

 

 

 

(101

)

 

 

1,688

 

Capital expenditures

 

 

7,690

 

 

 

—

 

 

 

7,690

 

 

(1)
The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Virginia Power’s CODM.
(2)
Includes impairment of assets and other charges (benefits).
(3)
Items designated are other segment items for each reportable segment.