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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities    
Net Loss $ (1,594) $ (2,413)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and decommissioning 1,729 1,593
Allowance for equity funds used during construction (21) (45)
Deferred income taxes and tax credits, net 869 (915)
Reorganization items, net 1,558 90
Wildfire fund expense 173 0
Other 142 53
Effect of changes in operating assets and liabilities:    
Accounts receivable (389) (54)
Wildfire-related insurance receivable 99 35
Inventories (19) (41)
Accounts payable 722 159
Wildfire-related claims 619 (14)
Income taxes receivable/payable 0 5
Other current assets and liabilities 529 (15)
Regulatory assets, liabilities, and balancing accounts, net (1,570) (34)
Liabilities subject to compromise 413 4,221
Other noncurrent assets and liabilities 31 132
Net cash provided by operating activities 3,291 2,757
Cash Flows from Investing Activities    
Capital expenditures (3,399) (2,410)
Proceeds from sales and maturities of nuclear decommissioning trust investments 787 517
Purchases of nuclear decommissioning trust investments (837) (547)
Other 8 6
Net cash used in investing activities (3,441) (2,434)
Cash Flows from Financing Activities    
Proceeds from debtor-in-possession credit facility 500 1,850
Repayments of debtor-in-possession credit facility 0 (350)
Debtor-in-possession credit facility debt issuance costs (3) (111)
Proceeds from issuance of long-term debt, net of discount and issuance costs 13,510 0
Bridge facility financing fees (73) 0
Common stock issued 0 85
Other 20 (6)
Net cash provided by financing activities 13,954 1,468
Net change in cash, cash equivalents, and restricted cash 13,804 1,791
Cash, cash equivalents, and restricted cash at January 1 1,577 1,675
Cash, cash equivalents, and restricted cash at June 30 15,381 3,466
Less: Restricted cash and restricted cash equivalents included in other current assets (14,413) (7)
Cash and cash equivalents 968 3,459
Cash paid for:    
Interest, net of amounts capitalized 0 (21)
Supplemental disclosures of noncash investing and financing activities    
Capital expenditures financed through accounts payable 273 836
Operating lease liabilities arising from obtaining right-of-use assets 13 2,816
Pacific Gas & Electric Co    
Cash Flows from Operating Activities    
Net Loss (22) (2,417)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and decommissioning 1,729 1,593
Allowance for equity funds used during construction (21) (45)
Deferred income taxes and tax credits, net 890 (920)
Reorganization items, net 13 91
Wildfire fund expense 173 0
Other 138 34
Effect of changes in operating assets and liabilities:    
Accounts receivable (374) (64)
Wildfire-related insurance receivable 99 35
Inventories (19) (41)
Accounts payable 701 206
Wildfire-related claims 619 (14)
Income taxes receivable/payable 0 4
Other current assets and liabilities (4) (8)
Regulatory assets, liabilities, and balancing accounts, net (1,570) (34)
Liabilities subject to compromise 401 4,215
Other noncurrent assets and liabilities 47 141
Net cash provided by operating activities 2,800 2,776
Cash Flows from Investing Activities    
Capital expenditures (3,399) (2,410)
Proceeds from sales and maturities of nuclear decommissioning trust investments 787 517
Purchases of nuclear decommissioning trust investments (837) (547)
Other 8 6
Net cash used in investing activities (3,441) (2,434)
Cash Flows from Financing Activities    
Proceeds from debtor-in-possession credit facility 500 1,850
Repayments of debtor-in-possession credit facility 0 (350)
Debtor-in-possession credit facility debt issuance costs (3) (95)
Proceeds from issuance of long-term debt, net of discount and issuance costs 8,850 0
Bridge facility financing fees (33) 0
Other 20 (6)
Net cash provided by financing activities 9,334 1,399
Net change in cash, cash equivalents, and restricted cash 8,693 1,741
Cash, cash equivalents, and restricted cash at January 1 1,129 1,302
Cash, cash equivalents, and restricted cash at June 30 9,822 3,043
Less: Restricted cash and restricted cash equivalents included in other current assets (9,076) (7)
Cash and cash equivalents 746 3,036
Cash paid for:    
Interest, net of amounts capitalized 0 (19)
Supplemental disclosures of noncash investing and financing activities    
Capital expenditures financed through accounts payable 273 836
Operating lease liabilities arising from obtaining right-of-use assets $ 13 $ 2,807