Equity

9 Months Ended

Sep. 30, 2017

Equity

NOTE 5: EQUITY

PG&E Corporation’s and the Utility’s changes in equity for the nine months ended September 30,2017were as follows:

	PG&E Corporation		Utility
	Total		Total
(in millions)	Equity		Shareholders' Equity
Balance at December 31, 2016	$	18,192	$	18,395
Comprehensive income		1,543		1,492
Equity contributions		-		405
Common stock issued		361		-
Share-based compensation		2		-
Common stock dividends declared		(802)		(784)
Preferred stock dividend requirement		-		(10)
Preferred stock dividend requirement of subsidiary		(10)		-
Balance at September 30, 2017	$	19,286	$	19,498

In February 2017, PG&E Corporation amended its February 2015 EDA providing for the sale of PG&E Corporation common stock having an aggregate price of up to $275 million.  During the nine months ended September 30, 2017, PG&E Corporation sold 0.4 million shares of its common stock under the February 2017 EDA for cash proceeds of $28.4 million, net of commissions paid of $0.2 million.  There were no issuances under the February 2017 EDA for the three months ended September 30, 2017.  As of September 30, 2017, the remaining sales available under this agreement were $246.3 million.

PG&E Corporation also issued common stock under the PG&E Corporation 401(k) plan, the Dividend Reinvestment and Stock Purchase Plan, and share-based compensation plans.  During the ninemonths ended September 30,2017, 6.4 million shares were issued for cash proceeds of $316 million under these plans.