XML 51 R26.htm IDEA: XBRL DOCUMENT v3.3.1.900
Summary Of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2015
Summary Of Significant Accounting Policies [Abstract]  
Schedule Of Estimated Useful Lives And Balances Of Utility's Property, Plant And Equipment

 

Estimated Useful

 

Balance at December 31,

(in millions, except estimated useful lives)

Lives (years)

 

2015

 

2014

Electricity generating facilities (1)

5 to 100

 

$

9,860 

 

$ 

9,374 

Electricity distribution facilities

15 to 55

 

 

28,476 

 

 

26,633 

Electricity transmission facilities

15 to 75

 

 

10,196 

 

 

9,155 

Natural gas distribution facilities

5 to 60

 

 

10,397 

 

 

9,741 

Natural gas transportation and storage facilities

5 to 65

 

 

6,352 

 

 

5,937 

Construction work in progress

 

 

 

2,059 

 

 

2,220 

Total property, plant, and equipment

 

 

 

67,340 

 

 

63,060 

Accumulated depreciation

 

 

 

(20,617)

 

 

(19,120)

Net property, plant, and equipment

 

 

$

46,723 

 

$ 

43,940 

 

 

 

 

 

 

 

 

(1) Balance includes nuclear fuel inventories.  Stored nuclear fuel inventory is stated at weighted-average cost.  Nuclear fuel in the reactor is expensed as it is used based on the amount of energy output.  (See Note 13 below.)
Schedule Of Changes In Asset Retirement Obligations

(in millions)

 

2015

 

 

2014

ARO liability at beginning of year

$

3,575 

 

$

3,538 

Revision in estimated cash flows

 

13 

 

 

(16)

Accretion

 

169 

 

 

163 

Liabilities settled

 

(114)

 

 

(110)

ARO liability at end of year

$

3,643 

 

$

3,575 

 
Reclassification Out Of Accumulated Other Comprehensive Income TableText Block

The changes, net of income tax, in PG&E Corporation’s accumulated other comprehensive income (loss) for the year ended December 31, 2015 consisted of the following:

 

 

Pension

 

Other

 

Other

 

 

 

(in millions, net of income tax)

Benefits

 

Benefits

 

Investments

 

Total

Beginning balance

$

(21)

 

$

15 

 

$

17 

 

$

11 

Other comprehensive income before reclassifications:

 

 

 

 

 

 

 

 

 

 

 

Unrecognized net actuarial loss

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $51, $21, and $0, respectively)

 

(76)

 

 

(31)

 

 

- 

 

 

(107)

Regulatory account transfer

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $51, $21, and $0, respectively)

 

73 

 

 

31 

 

 

- 

 

 

104 

Amounts reclassified from other comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

Amortization of prior service cost

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $7, $8, and $0, respectively) (1)

 

8 

 

 

11 

 

 

- 

 

 

19 

Amortization of net actuarial loss

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $4, $1, and $0, respectively) (1)

 

6 

 

 

3 

 

 

- 

 

 

9 

Regulatory account transfer

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $10, $9, and $0, respectively) (1)

 

(13)

 

 

(13)

 

 

- 

 

 

(26)

Realized gain on investments

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $0, $0, and $12, respectively)

 

- 

 

 

- 

 

 

(17)

 

 

(17)

Net current period other comprehensive loss

 

(2)

 

 

1 

 

 

(17)

 

 

(18)

Ending balance

$

(23)

 

$ 

16 

 

$ 

- 

 

$ 

(7)

 

 

 

 

 

 

 

 

 

 

 

 

(1) These components are included in the computation of net periodic pension and other postretirement benefit costs.  (See Note 11 below for additional details.)

 

The changes, net of income tax, in PG&E Corporation’s accumulated other comprehensive income (loss) for the year ended December 31, 2014 consisted of the following:

 

 

Pension

 

Other

 

Other

 

 

 

(in millions, net of income tax)

Benefits

 

Benefits

 

Investments

 

Total

Beginning balance

$

(7)

 

$

15 

 

$

42 

 

$

50 

Other comprehensive income before reclassifications:

 

 

 

 

 

 

 

 

 

 

 

Change in investments

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $0, $0, and $4, respectively)

 

- 

 

 

- 

 

 

5 

 

 

5 

Unrecognized net actuarial loss

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $404, $19, and $0, respectively)

 

(588)

 

 

(28)

 

 

- 

 

 

(616)

Unrecognized prior service cost

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $0, $0, and $0, respectively)

 

1 

 

 

- 

 

 

- 

 

 

1 

Regulatory account transfer

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $394, $19, and $0, respectively)

 

573 

 

 

28 

 

 

- 

 

 

601 

Amounts reclassified from other comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

Amortization of prior service cost

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $8, $9, and $0, respectively) (1)

 

12 

 

 

14 

 

 

- 

 

 

26 

Amortization of net actuarial loss

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $1, $1, and $0, respectively) (1)

 

1 

 

 

1 

 

 

- 

 

 

2 

Regulatory account transfer

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $9, $10, and $0, respectively) (1)

 

(13)

 

 

(15)

 

 

- 

 

 

(28)

Realized gain on investments

 

 

 

 

 

 

 

 

 

 

 

(net of taxes of $0, $0, and $20, respectively)

 

- 

 

 

- 

 

 

(30)

 

 

(30)

Net current period other comprehensive loss

 

(14)

 

 

- 

 

 

(25)

 

 

(39)

Ending balance

$

(21)

 

$

15 

 

$

17 

 

$

11 

 

 

 

 

 

 

 

 

 

 

 

 

(1) These components are included in the computation of net periodic pension and other postretirement benefit costs.  (See Note 11 below for additional details.)