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Debt	9 Months Ended
Sep. 30, 2012
Debt	NOTE 4: DEBT Revolving Credit Facilities - PG&E Corporation and the Utility At September 30, 2012, PG&E Corporation had no cash borrowings or letters of credit outstanding under its $300 million revolving credit facility. At September 30, 2012, the Utility had no cash borrowings and $330 million of letters of credit outstanding under its $3.0 billion revolving credit facility. Utility Senior Notes On April 16, 2012, the Utility issued $400 million principal amount of 4.45% Senior Notes due April 15, 2042. On August 16, 2012, the Utility issued $400 million principal amount of 2.45% Senior Notes due August 15, 2022 and $350 million principal amount of 3.75% Senior Notes due August 15, 2042. Pollution Control Bonds On April 2, 2012, the Utility repurchased the entire $50 million principal amount of pollution control bonds Series 2010 E that were subject to mandatory tender on that same date. The Utility will hold the bonds until they are remarketed to investors or retired. At September 30, 2012, the interest rates on the $614 million principal amount of pollution control bonds Series 1996 C, E, F, and 1997 B and the related loan agreements ranged from 0.16% to 0.21%. At September 30, 2012, the interest rates on the $309 million principal amount of pollution control bonds Series 2009 A-D and the related loan agreements ranged from 0.17% to 0.20%. Commercial Paper Program At September 30, 2012, the Utility had $145 million of commercial paper outstanding. Other Short-Term Borrowings At September 30, 2012 the interest rate on the Utility's $250 million principal amount of Floating Rate Senior Notes, due November 20, 2012, was 0.88%. Energy Recovery Bonds At September 30, 2012, the total amount of ERB principal outstanding was $110 million. The ERBs mature on December 25, 2012. While PERF is a wholly owned consolidated subsidiary of the Utility, it is legally separate from the Utility. The assets, including the right to be paid a specified amount collected through the Utility's electric rates (known as “recovery property”), of PERF are not available to creditors of the Utility or PG&E Corporation, and the recovery property is not legally an asset of the Utility or PG&E Corporation.

Debt

9 Months Ended

Sep. 30, 2012

NOTE 4: DEBT

Revolving Credit Facilities - PG&E Corporation and the Utility

At September 30, 2012, PG&E Corporation had no cash borrowings or letters of credit outstanding under its $300 million revolving credit facility.

At September 30, 2012, the Utility had no cash borrowings and $330 million of letters of credit outstanding under its $3.0 billion revolving credit facility.

Utility

Senior Notes

On April 16, 2012, the Utility issued $400 million principal amount of 4.45% Senior Notes due April 15, 2042.

On August 16, 2012, the Utility issued $400 million principal amount of 2.45% Senior Notes due August 15, 2022 and $350 million principal amount of 3.75% Senior Notes due August 15, 2042.

Pollution Control Bonds

On April 2, 2012, the Utility repurchased the entire $50 million principal amount of pollution control bonds Series 2010 E that were subject to mandatory tender on that same date. The Utility will hold the bonds until they are remarketed to investors or retired.

At September 30, 2012, the interest rates on the $614 million principal amount of pollution control bonds Series 1996 C, E, F, and 1997 B and the related loan agreements ranged from 0.16% to 0.21%. At September 30, 2012, the interest rates on the $309 million principal amount of pollution control bonds Series 2009 A-D and the related loan agreements ranged from 0.17% to 0.20%.

Commercial Paper Program

At September 30, 2012, the Utility had $145 million of commercial paper outstanding.

Other Short-Term Borrowings

At September 30, 2012 the interest rate on the Utility's $250 million principal amount of Floating Rate Senior Notes, due November 20, 2012, was 0.88%.

Energy Recovery Bonds

At September 30, 2012, the total amount of ERB principal outstanding was $110 million. The ERBs mature on December 25, 2012.

While PERF is a wholly owned consolidated subsidiary of the Utility, it is legally separate from the Utility. The assets, including the right to be paid a specified amount collected through the Utility's electric rates (known as “recovery property”), of PERF are not available to creditors of the Utility or PG&E Corporation, and the recovery property is not legally an asset of the Utility or PG&E Corporation.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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