Company: PCG-PB
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001004980-25-000148
Chunk: 171

Company: PG&E Corp
Filing Date: 2025-10-23
Form: 10-Q
Item: Item 1A
Chunk 171
---
29,524 Net income— — — 781 — 781 Other comprehensive loss— — — — (1)(1)Equity contribution— — 440 — — 440 Common stock dividend— — — (450)— (450)Preferred stock dividend requirement— — — (3)— (3)Balance at March 31, 2024$258 $1,322 $31,010 $(2,285)$(14)$30,291 Net income— — — 565 — 565 Equity contribution— — 265 — — 265 Common stock dividend— — — (500)— (500)Preferred stock dividend requirement— — — (4)— (4)Balance at June 30, 2024$258 $1,322 $31,275 $(2,224)$(14)$30,617 Net income— — — 618 — 618 Other comprehensive income— — — — 5 5 Equity contribution— — 1,003 — — 1,003 Common stock dividend— — — (500)— (500)Preferred stock dividend requirement— — — (3)— (3)Balance at September 30, 2024$258 $1,322 $32,278 $(2,109)$(9)$31,740 

See accompanying Notes to the Condensed Consolidated Financial Statements.

48

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1: ORGANIZATION AND BASIS OF PRESENTATION

Organization and Basis of PresentationPG&E Corporation is a holding company whose primary operating subsidiary is Pacific Gas and Electric Company, a public utility serving northern and central California.  The Utility generates revenues mainly through the sale and delivery of electricity and natural gas to customers.  The Utility is primarily regulated by the CPUC and the FERC.  In addition, the NRC oversees the licensing, construction, operation, and decommissioning of the Utility’s nuclear generation facilities.This Form 10-Q is a combined report of PG&E Corporation and the Utility.  PG&E Corporation’s Condensed Consolidated Financial Statements include the accounts of PG&E Corporation, the Utility, and other wholly owned and controlled subsidiaries