XML 47 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating Revenues        
Electric $ 4,012 $ 3,517 $ 10,246 $ 9,375
Natural gas 927 658 2,536 2,248
Total operating revenues 4,939 4,175 12,782 11,623
Operating Expenses        
Cost of electricity 1,782 1,645 4,341 3,817
Cost of natural gas 134 131 694 656
Operating and maintenance 1,287 1,585 3,914 4,179
Depreciation, amortization, and decommissioning 671 523 1,766 1,542
Total operating expenses 3,874 3,884 10,715 10,194
Operating Income 1,065 291 2,067 1,429
Interest income 2 2 7 6
Interest expense (174) (179) (547) (532)
Other income, net 36 26 98 78
Income Before Income Taxes 929 140 1,625 981
Income tax provision (benefit) 115 (24) 310 243
Net Income 814 164 1,315 738
Preferred stock dividend requirement of subsidiary 3 3 10 10
Income Available for Common Shareholders 811 161 1,305 728
Weighted Average Common Shares Outstanding, Basic 472 446 466 441
Weighted Average Common Shares Outstanding, Diluted 474 447 468 442
Net Earnings Per Common Share, Basic $ 1.72 $ 0.36 $ 2.80 $ 1.65
Net Earnings Per Common Share, Diluted $ 1.71 $ 0.36 $ 2.79 $ 1.65
Dividends Declared Per Common Share $ 0.46 $ 0.46 $ 1.37 $ 1.37
Pacific Gas And Electric Company [Member]
       
Operating Revenues        
Electric 4,012 3,517 10,244 9,372
Natural gas 927 657 2,536 2,248
Total operating revenues 4,939 4,174 12,780 11,620
Operating Expenses        
Cost of electricity 1,782 1,645 4,341 3,817
Cost of natural gas 134 131 694 656
Operating and maintenance 1,293 1,583 3,911 4,175
Depreciation, amortization, and decommissioning 671 523 1,765 1,542
Total operating expenses 3,880 3,882 10,711 10,190
Operating Income 1,059 292 2,069 1,430
Interest income 1 2 6 6
Interest expense (171) (172) (535) (513)
Other income, net 19 20 56 66
Income Before Income Taxes 908 142 1,596 989
Income tax provision (benefit) 115 (20) 325 261
Net Income 793 162 1,271 728
Preferred stock dividend requirement 3 3 10 10
Income Available for Common Shareholders $ 790 $ 159 $ 1,261 $ 718