XML 51 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows from Operating Activities    
Net income $ 574 $ 475
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and decommissioning 1,019 1,190
Allowance for equity funds used during construction (52) (53)
Deferred income taxes and tax credits, net 346 234
Other 157 137
Effect of changes in operating assets and liabilities:    
Accounts receivable (22) 13
Inventories (31) 5
Accounts payable 28 (125)
Income taxes receivable/payable (143) 153
Other current assets and liabilities (367) 74
Regulatory assets, liabilities, and balancing accounts, net (192) (115)
Other noncurrent assets and liabilities 142 186
Net cash provided by operating activities 1,459 2,174
Cash Flows from Investing Activities    
Capital expenditures (2,521) (2,219)
Decrease (Increase) in restricted cash 25 (1)
Proceeds from sales and maturities of nuclear decommissioning trust investments 795 666
Purchases of nuclear decommissioning trust investments (786) (716)
Other 16 64
Net cash used in investing activities (2,471) (2,206)
Cash Flows from Financing Activities    
Borrowings under revolving credit facilities 140 0
Net issuances (repayments) of commercial paper, net of discount of $1 and $2 at respective dates 321 (566)
Proceeds from issuance of long-term debt, net of premium, discount, and issuance costs of $8 and $6 at respective dates 742 394
Long-term debt matured or repurchased (461) (50)
Energy recovery bonds matured 0 (200)
Common stock issued 562 561
Common stock dividends paid (386) (368)
Other (26) 40
Net cash provided by (used in) financing activities 892 (189)
Net change in cash and cash equivalents (120) (221)
Cash and cash equivalents at January 1 401 513
Cash and cash equivalents at June 30 281 292
Cash received (paid) for:    
Interest, net of amounts capitalized (312) (319)
Income taxes, net (65) 114
Supplemental disclosures of noncash investing and financing activities    
Common stock dividends declared but not yet paid 202 194
Capital expenditures financed through accounts payable 253 256
Noncash common stock issuances 11 12
Terminated capital leases 0 136
Pacific Gas And Electric Company [Member]
   
Cash Flows from Operating Activities    
Net income 566 458
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization, and decommissioning 1,019 1,190
Allowance for equity funds used during construction (52) (53)
Deferred income taxes and tax credits, net 337 242
Other 126 108
Effect of changes in operating assets and liabilities:    
Accounts receivable (24) (50)
Inventories (31) 5
Accounts payable 68 (107)
Income taxes receivable/payable (162) 216
Other current assets and liabilities (317) 78
Regulatory assets, liabilities, and balancing accounts, net (192) (115)
Other noncurrent assets and liabilities 126 202
Net cash provided by operating activities 1,464 2,174
Cash Flows from Investing Activities    
Capital expenditures (2,521) (2,219)
Decrease (Increase) in restricted cash 25 (1)
Proceeds from sales and maturities of nuclear decommissioning trust investments 795 666
Purchases of nuclear decommissioning trust investments (786) (716)
Other 8 11
Net cash used in investing activities (2,479) (2,259)
Cash Flows from Financing Activities    
Net issuances (repayments) of commercial paper, net of discount of $1 and $2 at respective dates 321 (566)
Proceeds from issuance of long-term debt, net of premium, discount, and issuance costs of $8 and $6 at respective dates 742 394
Long-term debt matured or repurchased (461) (50)
Energy recovery bonds matured 0 (200)
Preferred stock dividends paid (7) (7)
Common stock dividends paid (358) (358)
Equity contribution 665 565
Other (20) 48
Net cash provided by (used in) financing activities 882 (174)
Net change in cash and cash equivalents (133) (259)
Cash and cash equivalents at January 1 194 304
Cash and cash equivalents at June 30 61 45
Cash received (paid) for:    
Interest, net of amounts capitalized (300) (309)
Income taxes, net (86) 111
Supplemental disclosures of noncash investing and financing activities    
Capital expenditures financed through accounts payable 253 256
Terminated capital leases $ 0 $ 136