XML 61 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash Flows from Operating Activities    
Net income $ 236 $ 202
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and decommissioning 584 491
Allowance for equity funds used during construction (27) (20)
Deferred income taxes and tax credits, net 146 99
Other 73 44
Effect of changes in operating assets and liabilities:    
Accounts receivable 221 35
Inventories 50 65
Accounts payable (213) 182
Income taxes receivable/payable 29 34
Other current assets and liabilities (70) (205)
Regulatory assets, liabilities, and balancing accounts, net (171) (10)
Other noncurrent assets and liabilities 73 171
Net cash provided by operating activities 931 1,088
Cash Flows from Investing Activities    
Capital expenditures (1,094) (945)
(Increase) decrease in restricted cash (5) 132
Proceeds from sales and maturities of nuclear decommissioning trust investments 351 726
Purchases of nuclear decommissioning trust investments (370) (735)
Other 25 (61)
Net cash used in investing activities (1,093) (883)
Cash Flows from Financing Activities    
Net (repayments) issuances of commercial paper, net of discount of $1 in 2012 and in 2011 (245) 415
Long-term debt matured   (500)
Energy recovery bonds matured (102) (97)
Common stock issued 387 82
Common stock dividends paid (182) (174)
Other 48 18
Net used in financing activities (94) (256)
Net change in cash and cash equivalents (256) (51)
Cash and cash equivalents at January 1 513 291
Cash and cash equivalents at March 31 257 240
Cash received (paid) for:    
Interest, net of amounts capitalized (204) (215)
Supplemental disclosures of noncash investing and financing activities    
Common stock dividends declared but not yet paid 193 181
Capital expenditures financed through accounts payable 276 174
Noncash common stock issuances 6 6
Terminated capital leases 136  
Pacific Gas And Electric Company [Member]
   
Cash Flows from Operating Activities    
Net income 231 201
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and decommissioning 584 490
Allowance for equity funds used during construction (27) (20)
Deferred income taxes and tax credits, net 153 99
Other 57 29
Effect of changes in operating assets and liabilities:    
Accounts receivable 218 69
Inventories 50 65
Accounts payable (182) 190
Income taxes receivable/payable 30 34
Other current assets and liabilities (69) (196)
Regulatory assets, liabilities, and balancing accounts, net (171) (10)
Other noncurrent assets and liabilities 75 144
Net cash provided by operating activities 949 1,095
Cash Flows from Investing Activities    
Capital expenditures (1,094) (945)
(Increase) decrease in restricted cash (5) 132
Proceeds from sales and maturities of nuclear decommissioning trust investments 351 726
Purchases of nuclear decommissioning trust investments (370) (735)
Other 3 7
Net cash used in investing activities (1,115) (815)
Cash Flows from Financing Activities    
Net (repayments) issuances of commercial paper, net of discount of $1 in 2012 and in 2011 (245) 415
Long-term debt matured   (500)
Energy recovery bonds matured (102) (97)
Preferred stock dividends paid (3) (4)
Common stock dividends paid (179) (179)
Equity contribution 385 65
Other 51 21
Net used in financing activities (93) (279)
Net change in cash and cash equivalents (259) 1
Cash and cash equivalents at January 1 304 51
Cash and cash equivalents at March 31 45 52
Cash received (paid) for:    
Interest, net of amounts capitalized (204) (215)
Supplemental disclosures of noncash investing and financing activities    
Capital expenditures financed through accounts payable 276 174
Terminated capital leases $ 136