Fair Value Measurements (Fair Value, Option, Quantitative Disclosures) (Detail) $ in Millions | 9 Months Ended | |
Sep. 30, 2018USD ($)$ / MMBTU$ / MWh | Dec. 31, 2017USD ($) |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | $ 297 | | $ 307 |
Fair Value of Derivative Liabilities | | 145 | | 284 |
Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | 170 | [1] | 166 |
Fair Value of Derivative Liabilities | | 8 | | 66 |
Fair Value, Measurements, Recurring | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Total assets | [2] | 5,650 | | 5,379 |
Total liabilities | | 145 | | 284 |
Fair Value, Measurements, Recurring | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Total assets | | 2,593 | | 2,466 |
Total liabilities | | 8 | | 66 |
Fair Value, Measurements, Recurring | Commodity | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | 148 | | 258 |
Fair Value of Derivative Liabilities | | 100 | | 197 |
Fair Value, Measurements, Recurring | Commodity | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | 105 | | 166 |
Fair Value of Derivative Liabilities | | 8 | | 9 |
Fair Value, Measurements, Recurring | Level 3 | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Total assets | [2] | 98 | | 157 |
Total liabilities | | 6 | | 7 |
Fair Value, Measurements, Recurring | Level 3 | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Total assets | | 91 | | 152 |
Total liabilities | | 5 | | 5 |
Fair Value, Measurements, Recurring | Level 3 | Commodity | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | 98 | | 157 |
Fair Value of Derivative Liabilities | | 6 | | 7 |
Fair Value, Measurements, Recurring | Level 3 | Commodity | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | 91 | | 152 |
Fair Value of Derivative Liabilities | | 5 | | $ 5 |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | 12 | | |
Fair Value of Derivative Liabilities | | 6 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | 12 | | |
Fair Value of Derivative Liabilities | | $ 5 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Minimum | Liabilities | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | (1) | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Minimum | Liabilities | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | (1) | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Minimum | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | (1) | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Minimum | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | (1) | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Maximum | Liabilities | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | 6 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Maximum | Liabilities | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | 6 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Maximum | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | 7 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Maximum | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | 7 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Weighted Average | Liabilities | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3],[4] | 0 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Weighted Average | Liabilities | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3],[4] | 0 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Weighted Average | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3],[4] | 1 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Level 3 | FTRs [Member] | Commodity | Weighted Average | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3],[4] | 1 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Commodity | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | [5] | $ 65 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Commodity | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | [5] | $ 58 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Commodity | Minimum | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3] | (2) | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Commodity | Minimum | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3] | (2) | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Commodity | Maximum | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3] | 7 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Commodity | Maximum | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3] | 7 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Commodity | Weighted Average | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3],[4] | 0 | | |
Discounted Cash Flow [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Commodity | Weighted Average | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3],[4] | (1) | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Physical Options [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | $ 19 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | $ 19 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Minimum | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | 27 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Minimum | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | 27 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Minimum | Assets | Price Volatility [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [6] | 4.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Minimum | Assets | Price Volatility [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [6] | 4.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Maximum | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | 57 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Maximum | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3] | 57 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Maximum | Assets | Price Volatility [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [6] | 61.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Maximum | Assets | Price Volatility [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [6] | 61.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Weighted Average | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3],[4] | 42 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Weighted Average | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MWh | [3],[4] | 42 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Weighted Average | Assets | Price Volatility [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [4],[6] | 37.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Level 3 | Electricity | Electricity | Weighted Average | Assets | Price Volatility [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [4],[6] | 37.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | $ 2 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Fair Value of Derivative Assets | | $ 2 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Minimum | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3] | 1 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Minimum | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3] | 1 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Minimum | Assets | Price Volatility [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [6] | 13.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Minimum | Assets | Price Volatility [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [6] | 13.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Maximum | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3] | 7 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Maximum | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3] | 7 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Maximum | Assets | Price Volatility [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [6] | 44.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Maximum | Assets | Price Volatility [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [6] | 44.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Weighted Average | Assets | Market Price [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3],[4] | 3 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Weighted Average | Assets | Market Price [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Market price (per Dth, per MWh, per Gal) | $ / MMBTU | [3],[4] | 3 | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Weighted Average | Assets | Price Volatility [Member] | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [4],[6] | 23.00% | | |
Option Model [Member] | Fair Value, Measurements, Recurring | Natural Gas | Level 3 | Physical Options [Member] | Weighted Average | Assets | Price Volatility [Member] | Virginia Electric and Power Company | | | | |
Fair Value, Option, Quantitative Disclosures [Line Items] | | | | |
Price volatility (percentage) | [4],[6] | 23.00% | | |
| |
[1] | Noncurrent derivative assets are presented in other deferred charges and other assets in Virginia Power’s Consolidated Balance Sheets. | |
[2] | Includes investments held in the nuclear decommissioning and rabbi trusts. Excludes $217 million and $88 million of assets at September 30, 2018 and December 31, 2017, respectively, measured at fair value using NAV (or its equivalent) as a practical expedient which are not required to be categorized in the fair value hierarchy. | |
[3] | Represents market prices beyond defined terms for Levels 1 and 2. | |
[4] | Averages weighted by volume. | |
[5] | Includes basis. | |
[6] | Represents volatilities unrepresented in published markets. | |