XML 21 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating Revenues        
Electric $ 3,994 $ 3,868 $ 10,590 $ 10,344
Natural gas 816 682 2,363 2,322
Total operating revenues 4,810 4,550 12,953 12,666
Operating Expenses        
Cost of electricity 1,613 1,681 3,719 3,958
Cost of natural gas 80 50 377 442
Operating and maintenance 1,783 1,621 5,631 5,028
Depreciation, amortization, and decommissioning 694 653 2,090 1,935
Total operating expenses 4,170 4,005 11,817 11,363
Operating Income 640 545 1,136 1,303
Interest income 8 2 17 6
Interest expense (211) (194) (621) (575)
Other income, net 24 24 74 100
Income Before Income Taxes 461 377 606 834
Income tax provision (benefit) 70 67 (105) 84
Net Income 391 310 711 750
Preferred stock dividend requirement of subsidiary 3 3 10 10
Income Available for Common Shareholders $ 388 $ 307 $ 701 $ 740
Weighted Average Common Shares Outstanding, Basic 501 486 497 481
Weighted Average Common Shares Outstanding, Diluted 503 489 500 484
Net Earnings Per Common Share, Basic $ 0.77 $ 0.63 $ 1.41 $ 1.54
Net Earnings Per Common Share, Diluted 0.77 0.63 1.40 1.53
Dividends Declared Per Common Share $ 0.49 $ 0.46 $ 1.44 $ 1.37
Pacific Gas And Electric Company [Member]        
Operating Revenues        
Electric $ 3,993 $ 3,868 $ 10,590 $ 10,344
Natural gas 816 682 2,363 2,322
Total operating revenues 4,809 4,550 12,953 12,666
Operating Expenses        
Cost of electricity 1,613 1,681 3,719 3,958
Cost of natural gas 80 50 377 442
Operating and maintenance 1,782 1,622 5,630 5,028
Depreciation, amortization, and decommissioning 694 653 2,090 1,935
Total operating expenses 4,169 4,006 11,816 11,363
Operating Income 640 544 1,137 1,303
Interest income 8 2 16 6
Interest expense (209) (191) (614) (567)
Other income, net 23 22 68 68
Income Before Income Taxes 462 377 607 810
Income tax provision (benefit) 73 72 (99) 95
Net Income 389 305 706 715
Preferred stock dividend requirement 3 3 10 10
Income Available for Common Shareholders $ 386 $ 302 $ 696 $ 705