Company: PCG-PB
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0001004980-25-000087
Chunk: 44

Company: PG&E Corp
Filing Date: 2025-04-24
Form: 10-Q
Item: Part I, Item 8
Chunk 44
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 Borrowings under credit facilities— 2,458 Repayments under credit facilities— (3,612)Proceeds from issuance of long-term debt, net of premium, discount and issuance costs of $15 and $9 at respective dates1,735 2,259 

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Repayments of long-term debt— (450)Repayment of AB 1054 recovery bonds(24)(23)Preferred stock dividends paid(3)(3)Common stock dividends paid(575)(450)Equity contribution from PG&E Corporation450 440 Proceeds from DWR loan— 232 Other(8)(82)Net cash provided by financing activities1,575 769 Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents1,266 148 Cash, cash equivalents, restricted cash, and restricted cash equivalents at January 1977 736 Cash, cash equivalents, restricted cash, and restricted cash equivalents at March 31$2,243 $884 Less: Restricted cash and restricted cash equivalents(383)(357)Cash and cash equivalents at March 31$1,860 $527 

Supplemental disclosures of cash flow information  Cash paid for:  Interest, net of amounts capitalized$(599)$(651)Income taxes, net— — Supplemental disclosures of noncash investing and financing activitiesCapital expenditures financed through accounts payable$904 $666 Operating lease liabilities arising from obtaining ROU assets3 1 Financing lease liabilities arising from obtaining ROU assets— 12 DWR loan forgiveness and performance-based disbursements74 34 

 See accompanying Notes to the Condensed Consolidated Financial Statements.

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PACIFIC GAS AND ELECTRIC COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY

(in millions)

PreferredStockCommonStockAdditionalPaid-inCapitalReinvestedEarningsAccumulatedOtherComprehensiveIncome (Loss)TotalShareholders'EquityBalance at December 31, 2024$258 $1,322 $35,930 $(1,940)$(20)$35,550 Net income— — — 695 — 695 Other comprehensive income— — — — 7 7 Equity contribution— — 450 — — 450 Common stock dividend— — — (575)— (575)Preferred stock dividend requirement