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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Revenues    
Electric $ 2,951 $ 3,065
Natural gas 1,105 1,203
Total operating revenues 4,056 4,268
Operating Expenses    
Cost of electricity 819 847
Cost of natural gas 289 325
Operating and maintenance 1,597 1,517
Depreciation, amortization, and decommissioning 752 712
Total operating expenses 3,457 3,401
Operating Income 599 867
Interest income 9 5
Interest expense (220) (218)
Other income, net 108 34
Income Before Income Taxes 496 688
Income tax provision 51 109
Net Income 445 579
Preferred stock dividend requirement of subsidiary 3 3
Preferred stock dividend requirement 0  
Income Available for Common Stock $ 442 $ 576
Weighted Average Common Shares Outstanding, Basic (in shares) 515 508
Weighted Average Common Shares Outstanding, Diluted (in shares) 516 511
Net Earnings Per Common Share, Basic (in dollars per share) $ 0.86 $ 1.13
Net Earnings Per Common Share, Diluted (in dollars per share) 0.86 1.13
Dividends Declared Per Common Share (in dollars per share) $ 0 $ 0.49
Pacific Gas & Electric Co    
Operating Revenues    
Electric $ 2,951 $ 3,067
Natural gas 1,105 1,204
Total operating revenues 4,056 4,271
Operating Expenses    
Cost of electricity 819 847
Cost of natural gas 289 325
Operating and maintenance 1,597 1,518
Depreciation, amortization, and decommissioning 752 712
Total operating expenses 3,457 3,402
Operating Income 599 869
Interest income 9 5
Interest expense (217) (216)
Other income, net 109 31
Income Before Income Taxes 500 689
Income tax provision 48 120
Net Income 452 569
Preferred stock dividend requirement of subsidiary 0  
Preferred stock dividend requirement 3 3
Income Available for Common Stock $ 449 $ 566