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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Cash Flows from Operating Activities          
Net income $ 567 $ 553 $ 32 $ 1,542  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation, amortization, and decommissioning     2,257 2,134  
Allowance for equity funds used during construction     (97) (63)  
Deferred income taxes and tax credits, net     10 848  
Disallowed capital expenditures     (38) 47  
Other     231 204  
Effect of changes in operating assets and liabilities:          
Accounts receivable     (201) (58)  
Wildfire-related insurance receivable     64 (166)  
Inventories     (24) (35)  
Accounts payable     245 76  
Wildfire-related claims     2,233 12  
Income taxes receivable/payable     0 135  
Other current assets and liabilities     (154) 23  
Regulatory assets, liabilities, and balancing accounts, net     (128) (30)  
Other noncurrent assets and liabilities     (194) 68  
Net cash provided by operating activities     4,236 4,737  
Cash Flows from Investing Activities          
Capital expenditures     (4,592) (3,938)  
Proceeds from sales and maturities of nuclear decommissioning trust investments 319 249 1,121 1,043  
Purchases of nuclear decommissioning trust investments     (1,165) (1,071)  
Other     19 16  
Net cash used in investing activities     (4,617) (3,950)  
Cash Flows from Financing Activities          
Borrowings under revolving credit facilities     775 0  
Repayments under revolving credit facilities     (775) 0  
Net issuances (repayments) of commercial paper, net of discount     (182) (652)  
Short-term debt financing     250 250  
Short-term debt matured     (250) (250)  
Proceeds from issuance of long-term debt, net of discount and issuance costs of $7 and $11 at respective dates     1,143 734  
Long-term debt matured or repurchased     (750) (345)  
Common stock issued     137 345  
Common stock dividends paid     0 (754)  
Other     14 (101)  
Net cash provided by (used in) financing activities     362 (773)  
Net change in cash and cash equivalents     (19) 14  
Cash and cash equivalents at January 1     449 177 $ 177
Cash and cash equivalents at September 30 430 191 430 191 449
Supplemental disclosures of cash flow information          
Interest, net of amounts capitalized     (650) (644)  
Income taxes, net     (49) 158  
Supplemental disclosures of noncash investing and financing activities          
Common stock dividends declared but not yet paid 0 272 0 272  
Capital expenditures financed through accounts payable     348 301  
Noncash common stock issuances     0 16  
Terminated capital leases     161 0  
Pacific Gas & Electric Co          
Cash Flows from Operating Activities          
Net income 571 513 47 1,491  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation, amortization, and decommissioning     2,257 2,134  
Allowance for equity funds used during construction     (97) (63)  
Deferred income taxes and tax credits, net     5 848  
Disallowed capital expenditures     (38) 47  
Other     170 196  
Effect of changes in operating assets and liabilities:          
Accounts receivable     (200) (58)  
Wildfire-related insurance receivable     64 (166)  
Inventories     (24) (35)  
Accounts payable     245 76  
Wildfire-related claims     2,233 12  
Income taxes receivable/payable     0 135  
Other current assets and liabilities     (156) 36  
Regulatory assets, liabilities, and balancing accounts, net     (128) (30)  
Other noncurrent assets and liabilities     (194) 69  
Net cash provided by operating activities     4,184 4,692  
Cash Flows from Investing Activities          
Capital expenditures     (4,592) (3,938)  
Proceeds from sales and maturities of nuclear decommissioning trust investments     1,121 1,043  
Purchases of nuclear decommissioning trust investments     (1,165) (1,071)  
Other     19 16  
Net cash used in investing activities     (4,617) (3,950)  
Cash Flows from Financing Activities          
Borrowings under revolving credit facilities     650 0  
Repayments under revolving credit facilities     (650) 0  
Net issuances (repayments) of commercial paper, net of discount     (50) (652)  
Short-term debt financing     250 250  
Short-term debt matured     (250) (250)  
Proceeds from issuance of long-term debt, net of discount and issuance costs of $7 and $11 at respective dates     793 734  
Long-term debt matured or repurchased     (400) (345)  
Preferred stock dividends paid     0 (10)  
Common stock dividends paid     0 (784)  
Equity contribution from PG&E Corporation     0 405  
Other     14 (91)  
Net cash provided by (used in) financing activities     357 (743)  
Net change in cash and cash equivalents     (76) (1)  
Cash and cash equivalents at January 1     447 71 71
Cash and cash equivalents at September 30 $ 371 $ 70 371 70 $ 447
Supplemental disclosures of cash flow information          
Interest, net of amounts capitalized     (640) (636)  
Income taxes, net     (59) 158  
Supplemental disclosures of noncash investing and financing activities          
Capital expenditures financed through accounts payable     348 301  
Terminated capital leases     $ 161 $ 0