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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 1,668 $ 449
Accounts receivable    
Customers (net of allowance for doubtful accounts of $56 and $64 at respective dates) 1,148 1,243
Accrued unbilled revenue 1,000 946
Regulatory balancing accounts 1,435 1,222
Other 2,686 861
Regulatory assets 233 615
Inventories    
Gas stored underground and fuel oil 111 115
Materials and supplies 443 366
Income taxes receivable 23 0
Other 448 464
Total current assets 9,195 6,281
Property, Plant, and Equipment    
Electric 59,150 55,133
Gas 21,556 19,641
Construction work in progress 2,564 2,471
Other 2 3
Total property, plant, and equipment 83,272 77,248
Accumulated depreciation (24,715) (23,459)
Net property, plant, and equipment 58,557 53,789
Other Noncurrent Assets    
Regulatory assets 4,964 3,793
Nuclear decommissioning trusts 2,730 2,863
Income taxes receivable 69 65
Other 1,480 1,221
Total other noncurrent assets 9,243 7,942
TOTAL ASSETS 76,995 68,012
Current Liabilities    
Short-term borrowings 3,435 931
Long-term debt, classified as current 18,559 445
Accounts payable    
Trade creditors 1,975 1,646
Regulatory balancing accounts 1,076 1,120
Other 464 517
Disputed claims and customer refunds 220 243
Interest payable 228 217
Wildfire-related claims 14,226 561
Other 1,512 1,449
Total current liabilities 41,695 7,129
Noncurrent Liabilities    
Long-term debt 0 17,753
Regulatory liabilities 8,539 8,679
Pension and other postretirement benefits 2,119 2,128
Asset retirement obligations 5,994 4,899
Deferred income taxes 3,281 5,822
Other 2,464 2,130
Total noncurrent liabilities 22,397 41,411
Contingencies and Commitments (Notes 13 and 14)
Shareholders' Equity    
Common stock, no par value 12,910 12,632
Reinvested earnings (250) 6,596
Accumulated other comprehensive loss (9) (8)
Total shareholders' equity 12,651 19,220
Noncontrolling Interest - Preferred Stock of Subsidiary 252 252
Total equity 12,903 19,472
TOTAL LIABILITIES AND EQUITY 76,995 68,012
Pacific Gas & Electric Co    
Current Assets    
Cash and cash equivalents 1,295 447
Accounts receivable    
Customers (net of allowance for doubtful accounts of $56 and $64 at respective dates) 1,148 1,243
Accrued unbilled revenue 1,000 946
Regulatory balancing accounts 1,435 1,222
Other 2,688 862
Regulatory assets 233 615
Inventories    
Gas stored underground and fuel oil 111 115
Materials and supplies 443 366
Income taxes receivable 5 0
Other 448 465
Total current assets 8,806 6,281
Property, Plant, and Equipment    
Electric 59,150 55,133
Gas 21,556 19,641
Construction work in progress 2,564 2,471
Total property, plant, and equipment 83,270 77,245
Accumulated depreciation (24,713) (23,456)
Net property, plant, and equipment 58,557 53,789
Other Noncurrent Assets    
Regulatory assets 4,964 3,793
Nuclear decommissioning trusts 2,730 2,863
Income taxes receivable 66 64
Other 1,348 1,094
Total other noncurrent assets 9,108 7,814
TOTAL ASSETS 76,471 67,884
Current Liabilities    
Short-term borrowings 3,135 799
Long-term debt, classified as current 18,209 445
Accounts payable    
Trade creditors 1,972 1,644
Regulatory balancing accounts 1,076 1,120
Other 498 538
Disputed claims and customer refunds 220 243
Interest payable 227 214
Wildfire-related claims 14,226 561
Other 1,497 1,457
Total current liabilities 41,060 7,021
Noncurrent Liabilities    
Long-term debt 0 17,403
Regulatory liabilities 8,539 8,679
Pension and other postretirement benefits 2,026 2,026
Asset retirement obligations 5,994 4,899
Deferred income taxes 3,405 5,963
Other 2,492 2,146
Total noncurrent liabilities 22,456 41,116
Contingencies and Commitments (Notes 13 and 14)
Shareholders' Equity    
Preferred stock 258 258
Common stock, no par value 1,322 1,322
Additional paid-in capital 8,550 8,505
Reinvested earnings 2,826 9,656
Accumulated other comprehensive loss (1) 6
Total shareholders' equity 12,955 19,747
TOTAL LIABILITIES AND EQUITY $ 76,471 $ 67,884