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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating Revenues        
Electric $ 3,465 $ 3,463 $ 6,596 $ 6,476
Natural gas 704 754 1,547 1,640
Total operating revenues 4,169 4,217 8,143 8,116
Operating Expenses        
Cost of electricity 1,156 1,277 2,106 2,277
Cost of natural gas 75 118 297 392
Operating and maintenance 1,838 1,484 3,848 3,407
Depreciation, amortization, and decommissioning 699 651 1,396 1,282
Total operating expenses 3,768 3,530 7,647 7,358
Operating Income 401 687 496 758
Interest income 5 3 9 4
Interest expense (207) (192) (410) (381)
Other income, net 23 18 50 76
Income Before Income Taxes 222 516 145 457
Income tax provision (benefit) 12 110 (175) 17
Net Income 210 406 320 440
Preferred stock dividend requirement of subsidiary 4 4 7 7
Income Available for Common Shareholders $ 206 $ 402 $ 313 $ 433
Weighted Average Common Shares Outstanding, Basic 497 480 495 479
Weighted Average Common Shares Outstanding, Diluted 498 483 497 483
Net Earnings Per Common Share, Basic $ 0.41 $ 0.84 $ 0.63 $ 0.90
Net Earnings Per Common Share, Diluted 0.41 0.83 0.63 0.90
Dividends Declared Per Common Share $ 0.49 $ 0.46 $ 0.95 $ 0.91
Pacific Gas And Electric Company [Member]        
Operating Revenues        
Electric $ 3,465 $ 3,462 $ 6,597 $ 6,476
Natural gas 704 754 1,547 1,640
Total operating revenues 4,169 4,216 8,144 8,116
Operating Expenses        
Cost of electricity 1,156 1,277 2,106 2,277
Cost of natural gas 75 118 297 392
Operating and maintenance 1,837 1,483 3,848 3,406
Depreciation, amortization, and decommissioning 700 651 1,396 1,282
Total operating expenses 3,768 3,529 7,647 7,357
Operating Income 401 687 497 759
Interest income 4 3 8 4
Interest expense (204) (189) (405) (376)
Other income, net 21 20 45 46
Income Before Income Taxes 222 521 145 433
Income tax provision (benefit) 13 115 (172) 23
Net Income 209 406 317 410
Preferred stock dividend requirement 4 4 7 7
Income Available for Common Shareholders $ 205 $ 402 $ 310 $ 403