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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating Revenues        
Electric $ 3,323 $ 3,465 $ 6,388 $ 6,596
Natural gas 927 704 2,130 1,547
Total operating revenues 4,250 4,169 8,518 8,143
Operating Expenses        
Cost of electricity 1,123 1,156 1,970 2,106
Cost of natural gas 121 75 446 297
Operating and maintenance 1,546 1,838 3,050 3,848
Depreciation, amortization, and decommissioning 712 699 1,424 1,396
Total operating expenses 3,502 3,768 6,890 7,647
Operating Income 748 401 1,628 496
Interest income 8 5 13 9
Interest expense (225) (207) (443) (410)
Other income, net 13 23 34 50
Income Before Income Taxes 544 222 1,232 145
Income tax provision (benefit) 134 12 243 (175)
Net Income 410 210 989 320
Preferred stock dividend requirement of subsidiary 4 4 7 7
Income Available for Common Shareholders $ 406 $ 206 $ 982 $ 313
Weighted Average Common Shares Outstanding, Basic 511 497 510 495
Weighted Average Common Shares Outstanding, Diluted 513 498 512 497
Net Earnings Per Common Share, Basic $ 0.79 $ 0.41 $ 1.93 $ 0.63
Net Earnings Per Common Share, Diluted 0.79 0.41 1.92 0.63
Dividends Declared Per Common Share $ 0.53 $ 0.49 $ 1.02 $ 0.95
Pacific Gas And Electric Company [Member]        
Operating Revenues        
Electric $ 3,324 $ 3,465 $ 6,391 $ 6,597
Natural gas 926 704 2,130 1,547
Total operating revenues 4,250 4,169 8,521 8,144
Operating Expenses        
Cost of electricity 1,123 1,156 1,970 2,106
Cost of natural gas 121 75 446 297
Operating and maintenance 1,545 1,837 3,049 3,848
Depreciation, amortization, and decommissioning 712 700 1,424 1,396
Total operating expenses 3,501 3,768 6,889 7,647
Operating Income 749 401 1,632 497
Interest income 7 4 12 8
Interest expense (222) (204) (438) (405)
Other income, net 11 21 28 45
Income Before Income Taxes 545 222 1,234 145
Income tax provision (benefit) 136 13 256 (172)
Net Income 409 209 978 317
Preferred stock dividend requirement 4 4 7 7
Income Available for Common Shareholders $ 405 $ 205 $ 971 $ 310