v3.26.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents [1] $ 435 $ 250 [2]
Customer receivables (less allowance for doubtful accounts) 3,094 2,531 [2]
Tax receivables 479 434 [2]
Other receivables (less allowance for doubtful accounts) [1],[3] 275 446 [2]
Inventories 2,030 1,957 [2]
Regulatory assets [1] 2,035 1,380 [2]
Derivative assets 221 335 [2]
Prepayments [1] 351 377 [2]
Other [1] 566 361 [2]
Assets held for sale 264 0 [2]
Total current assets 9,750 8,071 [2]
Investments    
Nuclear decommissioning trust funds 10,093 9,166 [2]
Investment in equity method affiliates 123 [4] 132 [2]
Other [1] 397 378 [2]
Total investments 10,613 9,676 [2]
Property, Plant and Equipment    
Property, plant and equipment [1] 112,427 106,315 [2]
Accumulated depreciation and amortization [1] (28,692) (27,348) [2]
Total property, plant and equipment, net 83,735 78,967 [2]
Deferred Charges and Other Assets    
Goodwill 4,143 4,143 [2]
Regulatory assets [1] 8,531 8,276 [2]
Other [1] 8,012 6,724 [2]
Total deferred charges and other assets 20,686 19,143 [2]
Total assets 124,784 115,857 [2]
Current Liabilities    
Securities due within one year [1] 2,399 2,409 [2]
Supplemental credit facility borrowings 0 0 [2]
Short-term debt 3,308 2,457 [2]
Accounts payable [1] 1,266 1,338 [2]
Accrued interest, payroll and taxes [1] 1,347 1,244 [2]
Regulatory liabilities 469 542 [2]
Other [1],[3] 2,215 2,454 [2]
Liabilities held for sale 132 0 [2]
Total current liabilities 11,136 10,444 [2]
Long-Term Debt    
Long-term debt 40,267 36,778 [2]
Securitization bonds [1] 794 883 [2]
Junior subordinated notes 7,461 5,978 [2]
Supplemental credit facility borrowings 0 0 [2]
Other 417 436 [2]
Total long-term debt 48,939 44,075 [2]
Deferred Credits and Other Liabilities    
Deferred income taxes 8,469 7,885 [2]
Deferred investment tax credits 1,471 1,591 [2]
Regulatory liabilities 9,977 9,072 [2]
Other 10,377 9,373 [1],[2]
Total deferred credits and other liabilities 30,294 27,921 [2]
Total liabilities 90,369 82,440 [2]
Commitments and Contingencies (see Note 16)
Shareholders' Equity    
Preferred stock (see Note 15) 991 991 [2]
Common stock - no par [5] 25,959 25,892 [2]
Retained earnings 2,646 2,318 [2]
Accumulated other comprehensive loss (42) (118) [2]
Shareholders' equity 29,554 29,083 [2]
Noncontrolling interests 4,861 4,334 [2]
Total equity 34,415 33,417 [2]
Total liabilities and equity 124,784 115,857 [2]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents [6] 242 170 [7]
Customer receivables (less allowance for doubtful accounts) 2,459 1,930 [7]
Other receivables (less allowance for doubtful accounts) [6] 177 252 [7]
Affiliated receivables 1 35 [7]
Inventories 1,292 1,250 [7]
Regulatory assets [6] 1,602 1,110 [7]
Derivative assets [8] 43 212 [7]
Other [6],[8] 216 166 [7]
Total current assets 6,032 5,125 [7]
Investments    
Nuclear decommissioning trust funds 5,358 4,864 [7]
Other [6] 7 4 [7]
Total investments 5,365 4,868 [7]
Property, Plant and Equipment    
Property, plant and equipment [6] 86,246 80,121 [7]
Accumulated depreciation and amortization [6] (20,127) (19,157) [7]
Total property, plant and equipment, net 66,119 60,964 [7]
Deferred Charges and Other Assets    
Regulatory assets [6] 4,669 4,526 [7]
Other [6],[8] 4,623 3,760 [7]
Total deferred charges and other assets 9,292 8,286 [7]
Total assets 86,808 79,243 [7]
Current Liabilities    
Securities due within one year [6] 1,972 1,366 [7]
Short-term debt 485 675 [7]
Accounts payable [6] 898 821 [7]
Payables to affiliates 281 216 [7]
Affiliated current borrowings 403 1,173 [7]
Accrued interest, payroll and taxes [6] 586 450 [7]
Regulatory liabilities 284 374 [7]
Other [6],[8] 1,736 1,900 [7]
Total current liabilities 6,645 6,975 [7]
Long-Term Debt    
Long-term debt 23,366 20,651 [7]
Securitization bonds [6] 794 883 [7]
Other 202 194 [7]
Total long-term debt 24,362 21,728 [7]
Deferred Credits and Other Liabilities    
Deferred income taxes 5,384 4,921 [7]
Deferred investment tax credits 602 616 [7]
Regulatory liabilities 7,389 6,530 [7]
Other [6],[8] 7,781 6,934 [7]
Total deferred credits and other liabilities 21,156 19,001 [7]
Total liabilities 52,163 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 15,787 13,687 [7]
Accumulated other comprehensive loss 61 32 [7]
Shareholders' equity 29,784 27,205 [7]
Noncontrolling interests 4,861 4,334 [7]
Total equity 34,645 31,539 [7]
Total liabilities and equity $ 86,808 $ 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 September 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 September 30, 2026 and December 31, 2025, respectively.