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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 1,570 $ 1,668
Accounts receivable    
Customers (net of allowance for doubtful accounts of $43 and $56 at respective dates) 1,287 1,148
Accrued unbilled revenue 969 1,000
Regulatory balancing accounts 2,114 1,435
Other 2,617 2,686
Regulatory assets 315 233
Inventories    
Gas stored underground and fuel oil 97 111
Materials and supplies 550 443
Income taxes receivable 0 23
Other 646 448
Total current assets 10,165 9,195
Property, Plant, and Equipment    
Electric 62,707 59,150
Gas 22,688 21,556
Construction work in progress 2,675 2,564
Other 20 2
Total property, plant, and equipment 88,090 83,272
Accumulated depreciation (26,455) (24,715)
Net property, plant, and equipment 61,635 58,557
Other Noncurrent Assets    
Regulatory assets 6,066 4,964
Nuclear decommissioning trusts 3,173 2,730
Operating lease right of use asset 2,286  
Income taxes receivable 67 69
Other 1,804 1,480
Total other noncurrent assets 13,396 9,243
TOTAL ASSETS 85,196 76,995
Current Liabilities    
Short-term borrowings 0 3,435
Long-term debt, classified as current 0 18,559
Debtor-in-possession financing, classified as current 1,500 0
Accounts payable    
Trade creditors 1,954 1,975
Regulatory balancing accounts 1,797 1,076
Other 566 464
Operating lease liabilities 556  
Disputed claims and customer refunds 0 220
Wildfire-related claims 0 14,226
Interest payable 4 228
Other 1,254 1,512
Total current liabilities 7,631 41,695
Noncurrent Liabilities    
Regulatory liabilities 9,270 8,539
Pension and other postretirement benefits 1,884 2,119
Asset retirement obligations 5,854 5,994
Deferred income taxes 320 3,281
Operating lease liabilities 1,730  
Other 2,573 2,464
Total noncurrent liabilities 21,631 22,397
Liabilities Subject to Compromise 50,546 0
Contingencies and Commitments
Shareholders' Equity    
Common stock, no par value 13,038 12,910
Reinvested earnings (7,892) (250)
Accumulated other comprehensive income (loss) (10) (9)
Total shareholders' equity 5,136 12,651
Noncontrolling Interest - Preferred Stock of Subsidiary 252 252
Total equity 5,388 12,903
TOTAL LIABILITIES AND EQUITY 85,196 76,995
Pacific Gas & Electric Co    
Current Assets    
Cash and cash equivalents 1,122 1,295
Accounts receivable    
Customers (net of allowance for doubtful accounts of $43 and $56 at respective dates) 1,287 1,148
Accrued unbilled revenue 969 1,000
Regulatory balancing accounts 2,114 1,435
Other 2,647 2,688
Regulatory assets 315 233
Inventories    
Gas stored underground and fuel oil 97 111
Materials and supplies 550 443
Income taxes receivable 0 5
Other 635 448
Total current assets 9,736 8,806
Property, Plant, and Equipment    
Electric 62,707 59,150
Gas 22,688 21,556
Construction work in progress 2,675 2,564
Other 18 0
Total property, plant, and equipment 88,088 83,270
Accumulated depreciation (26,453) (24,713)
Net property, plant, and equipment 61,635 58,557
Other Noncurrent Assets    
Regulatory assets 6,066 4,964
Nuclear decommissioning trusts 3,173 2,730
Operating lease right of use asset 2,279  
Income taxes receivable 66 66
Other 1,659 1,348
Total other noncurrent assets 13,243 9,108
TOTAL ASSETS 84,614 76,471
Current Liabilities    
Short-term borrowings 0 3,135
Long-term debt, classified as current 0 18,209
Debtor-in-possession financing, classified as current 1,500 0
Accounts payable    
Trade creditors 1,949 1,972
Regulatory balancing accounts 1,797 1,076
Other 675 498
Operating lease liabilities 553  
Disputed claims and customer refunds 0 220
Wildfire-related claims 0 14,226
Interest payable 4 227
Other 1,263 1,497
Total current liabilities 7,741 41,060
Noncurrent Liabilities    
Regulatory liabilities 9,270 8,539
Pension and other postretirement benefits 1,884 2,026
Asset retirement obligations 5,854 5,994
Deferred income taxes 442 3,405
Operating lease liabilities 1,726  
Other 2,626 2,492
Total noncurrent liabilities 21,802 22,456
Liabilities Subject to Compromise 49,736 0
Contingencies and Commitments
Shareholders' Equity    
Preferred stock 258 258
Common stock, no par value 1,322 1,322
Additional paid-in capital 8,550 8,550
Reinvested earnings (4,796) 2,826
Accumulated other comprehensive income (loss) 1 (1)
Total shareholders' equity 5,335 12,955
TOTAL LIABILITIES AND EQUITY $ 84,614 $ 76,471