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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 3,459 $ 1,668
Accounts receivable:    
Customers (net of allowance for doubtful accounts of $39 and $56 at respective dates) 1,260 1,148
Accrued unbilled revenue 991 1,000
Regulatory balancing accounts 1,884 1,435
Other 2,610 2,686
Regulatory assets 212 233
Inventories:    
Gas stored underground and fuel oil 99 111
Materials and supplies 509 443
Income taxes receivable 18 23
Other 535 448
Total current assets 11,577 9,195
Property, Plant, and Equipment    
Electric 60,967 59,150
Gas 22,428 21,556
Construction work in progress 2,563 2,564
Other 20 2
Total property, plant, and equipment 85,978 83,272
Accumulated depreciation (25,727) (24,715)
Net property, plant, and equipment 60,251 58,557
Other Noncurrent Assets    
Regulatory assets 5,349 4,964
Nuclear decommissioning trusts 3,016 2,730
Operating lease right of use asset 2,662  
Income taxes receivable 67 69
Other 1,465 1,480
Total other noncurrent assets 12,559 9,243
TOTAL ASSETS 84,387 76,995
Current Liabilities    
Short-term borrowings 0 3,435
Long-term debt, classified as current 0 18,559
Accounts payable:    
Trade creditors 1,679 1,975
Regulatory balancing accounts 1,370 1,076
Other 593 464
Operating lease liabilities 546  
Disputed claims and customer refunds 0 220
Interest payable 5 228
Wildfire-related claims 100 14,226
Other 1,418 1,512
Total current liabilities 5,711 41,695
Noncurrent Liabilities    
Debtor-in-possession financing 1,500 0
Regulatory liabilities 9,038 8,539
Pension and other post-retirement benefits 1,996 2,119
Asset retirement obligations 6,111 5,994
Deferred income taxes 2,354 3,281
Operating lease liabilities 2,116  
Other 2,357 2,464
Total noncurrent liabilities 25,472 22,397
Liabilities Subject to Compromise 42,610 0
Shareholders’ Equity    
Common stock 13,014 12,910
Reinvested earnings (2,663) (250)
Accumulated other comprehensive loss (9) (9)
Total shareholders’ equity 10,342 12,651
Noncontrolling Interest - Preferred Stock of Subsidiary 252 252
Total equity 10,594 12,903
TOTAL LIABILITIES AND EQUITY 84,387 76,995
Pacific Gas & Electric Co    
Current Assets    
Cash and cash equivalents 3,036 1,295
Accounts receivable:    
Customers (net of allowance for doubtful accounts of $39 and $56 at respective dates) 1,260 1,148
Accrued unbilled revenue 991 1,000
Regulatory balancing accounts 1,884 1,435
Other 2,621 2,688
Regulatory assets 212 233
Inventories:    
Gas stored underground and fuel oil 99 111
Materials and supplies 509 443
Income taxes receivable 1 5
Other 535 448
Total current assets 11,148 8,806
Property, Plant, and Equipment    
Electric 60,967 59,150
Gas 22,428 21,556
Construction work in progress 2,563 2,564
Other 18 0
Total property, plant, and equipment 85,976 83,270
Accumulated depreciation (25,725) (24,713)
Net property, plant, and equipment 60,251 58,557
Other Noncurrent Assets    
Regulatory assets 5,349 4,964
Nuclear decommissioning trusts 3,016 2,730
Operating lease right of use asset 2,653  
Income taxes receivable 66 66
Other 1,325 1,348
Total other noncurrent assets 12,409 9,108
TOTAL ASSETS 83,808 76,471
Current Liabilities    
Short-term borrowings 0 3,135
Long-term debt, classified as current 0 18,209
Accounts payable:    
Trade creditors 1,678 1,972
Regulatory balancing accounts 1,370 1,076
Other 688 498
Operating lease liabilities 543  
Disputed claims and customer refunds 0 220
Interest payable 5 227
Wildfire-related claims 100 14,226
Other 1,420 1,497
Total current liabilities 5,804 41,060
Noncurrent Liabilities    
Debtor-in-possession financing 1,500 0
Regulatory liabilities 9,038 8,539
Pension and other post-retirement benefits 1,996 2,026
Asset retirement obligations 6,111 5,994
Deferred income taxes 2,474 3,405
Operating lease liabilities 2,110  
Other 2,408 2,492
Total noncurrent liabilities 25,637 22,456
Liabilities Subject to Compromise 41,829 0
Shareholders’ Equity    
Preferred stock 258 258
Common stock 1,322 1,322
Additional paid-in capital 8,550 8,550
Reinvested earnings 409 2,826
Accumulated other comprehensive loss (1) (1)
Total shareholders’ equity 10,538 12,955
TOTAL LIABILITIES AND EQUITY $ 83,808 $ 76,471