Company: PCG-PB
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0001004980-25-000087
Chunk: 42

Company: PG&E Corp
Filing Date: 2025-04-24
Form: 10-Q
Item: Part I, Item 8
Chunk 42
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 123,534 Accumulated depreciation(36,034)(35,304)Net property, plant, and equipment89,670 88,230 Other Noncurrent Assets  Regulatory assets15,551 15,561 Customer credit trust949 377 Nuclear decommissioning trusts3,854 3,833 Operating lease ROU asset508 519 Wildfire Fund asset3,995 4,070 Income taxes receivable— — Other (includes noncurrent accounts receivable of $84 million and $82 related to VIEs, net of noncurrent allowance for doubtful accounts of $19 million and $18 at respective dates)3,863 3,697 Total other noncurrent assets28,720 28,057 TOTAL ASSETS$135,158 $133,266 

See accompanying Notes to the Condensed Consolidated Financial Statements.

39

PACIFIC GAS AND ELECTRIC COMPANY

CONDENSED CONSOLIDATED BALANCE SHEETS

(in millions, except share amounts)(Unaudited) Balance at March 31, 2025December 31, 2024LIABILITIES AND SHAREHOLDERS’ EQUITY  Current Liabilities  Short-term borrowings$1,524 $1,523 Long-term debt, classified as current (includes $223 million and $222 million related to VIEs at respective dates)4,699 2,146 Accounts payableTrade creditors2,517 2,745 Regulatory balancing accounts2,575 3,169 Other773 729 Operating lease liabilities87 85 Financing lease liabilities570 577 Interest payable (includes $176 million and $91 million related to VIEs at respective dates)627 667 Wildfire-related claims750 916 Other3,317 3,331 Total current liabilities17,439 15,888 Noncurrent Liabilities  Long-term debt (includes $10.1 billion and $10.1 billion related to VIEs at respective dates)47,045 47,958 Regulatory liabilities19,637 19,417 Pension and other postretirement benefits747 741 Asset retirement obligations5,509 5,444 Deferred income taxes3,816 3,632 Operating lease liabilities421 434 Financing lease liabilities4 4 Other4,416 4,198 Total non