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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 1,960 $ 1,570
Accounts receivable:    
Customers (net of allowance for doubtful accounts of $46 and $43 at respective dates) 1,319 1,287
Accrued unbilled revenue 946 969
Regulatory balancing accounts 2,102 2,114
Other 2,613 2,617
Regulatory assets 373 315
Inventories:    
Gas stored underground and fuel oil 77 97
Materials and supplies 567 550
Other 601 646
Total current assets 10,558 10,165
Property, Plant, and Equipment    
Electric 63,750 62,707
Gas 23,045 22,688
Construction work in progress 2,670 2,675
Other 20 20
Total property, plant, and equipment 89,485 88,090
Accumulated depreciation (26,987) (26,455)
Net property, plant, and equipment 62,498 61,635
Other Noncurrent Assets    
Regulatory assets 6,604 6,066
Nuclear decommissioning trusts 2,911 3,173
Operating lease right of use asset 2,209 2,286
Income taxes receivable 67 67
Other 1,841 1,804
Total other noncurrent assets 13,632 13,396
TOTAL ASSETS 86,688 85,196
Current Liabilities    
Debtor-in-possession financing, classified as current 2,000 1,500
Accounts payable:    
Trade creditors 1,851 1,954
Regulatory balancing accounts 1,845 1,797
Other 699 566
Operating lease liabilities 554 556
Interest payable 4 4
Other 1,300 1,254
Total current liabilities 8,253 7,631
Noncurrent Liabilities    
Regulatory liabilities 9,251 9,270
Pension and other post-retirement benefits 1,855 1,884
Asset retirement obligations 5,902 5,854
Deferred income taxes 505 320
Operating lease liabilities 1,655 1,730
Other 2,757 2,573
Total noncurrent liabilities 21,925 21,631
Liabilities Subject to Compromise 50,751 50,546
Shareholders’ Equity    
Common stock 13,035 13,038
Reinvested earnings (7,518) (7,892)
Accumulated other comprehensive loss (10) (10)
Total shareholders’ equity 5,507 5,136
Noncontrolling Interest - Preferred Stock of Subsidiary 252 252
Total equity 5,759 5,388
TOTAL LIABILITIES AND EQUITY 86,688 85,196
Pacific Gas & Electric Co    
Current Assets    
Cash and cash equivalents 1,555 1,122
Accounts receivable:    
Customers (net of allowance for doubtful accounts of $46 and $43 at respective dates) 1,319 1,287
Accrued unbilled revenue 946 969
Regulatory balancing accounts 2,102 2,114
Other 2,651 2,647
Regulatory assets 373 315
Inventories:    
Gas stored underground and fuel oil 77 97
Materials and supplies 567 550
Other 588 635
Total current assets 10,178 9,736
Property, Plant, and Equipment    
Electric 63,750 62,707
Gas 23,045 22,688
Construction work in progress 2,670 2,675
Other 18 18
Total property, plant, and equipment 89,483 88,088
Accumulated depreciation (26,985) (26,453)
Net property, plant, and equipment 62,498 61,635
Other Noncurrent Assets    
Regulatory assets 6,604 6,066
Nuclear decommissioning trusts 2,911 3,173
Operating lease right of use asset 2,202 2,279
Income taxes receivable 66 66
Other 1,692 1,659
Total other noncurrent assets 13,475 13,243
TOTAL ASSETS 86,151 84,614
Current Liabilities    
Debtor-in-possession financing, classified as current 2,000 1,500
Accounts payable:    
Trade creditors 1,819 1,949
Regulatory balancing accounts 1,845 1,797
Other 786 675
Operating lease liabilities 551 553
Interest payable 4 4
Other 1,310 1,263
Total current liabilities 8,315 7,741
Noncurrent Liabilities    
Regulatory liabilities 9,251 9,270
Pension and other post-retirement benefits 1,855 1,884
Asset retirement obligations 5,902 5,854
Deferred income taxes 633 442
Operating lease liabilities 1,651 1,726
Other 2,817 2,626
Total noncurrent liabilities 22,109 21,802
Liabilities Subject to Compromise 49,941 49,736
Shareholders’ Equity    
Preferred stock 258 258
Common stock 1,322 1,322
Additional paid-in capital 8,550 8,550
Reinvested earnings (4,345) (4,796)
Accumulated other comprehensive loss 1 1
Total shareholders’ equity 5,786 5,335
TOTAL LIABILITIES AND EQUITY $ 86,151 $ 84,614