Company: PCG-PB
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001004980-25-000132
Chunk: 149

Company: PG&E Corp
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1A
Chunk 149
---
 7 Income Available for Common Shareholders$521 $520 $1,128 $1,252 Weighted Average Common Shares Outstanding, Basic2,198 2,137 2,196 2,136 Weighted Average Common Shares Outstanding, Diluted2,203 2,142 2,201 2,141 Net Income Per Common Share, Basic$0.24 $0.24 $0.51 $0.59 Net Income Per Common Share, Diluted$0.24 $0.24 $0.51 $0.58 

See accompanying Notes to the Condensed Consolidated Financial Statements.

32

PG&E CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(in millions)

 (Unaudited)Three Months Ended June 30,Six Months Ended June 30,2025202420252024Net Income $549 $524 $1,183 $1,259 Other Comprehensive IncomePension and other postretirement benefit plans obligations (net of taxes of $0, $0, $0 and $0 respectively)— — 1 — Net unrealized gains (losses) on available-for-sale securities (net of taxes of $3, $0, $5 and $1 respectively)8 — 14 (1)Total other comprehensive income (loss)8 — 15 (1)Comprehensive Income 557 524 1,198 1,258 Preferred stock dividend requirement28 4 55 7 Comprehensive Income Available for Common Shareholders$529 $520 $1,143 $1,251 

See accompanying Notes to the Condensed Consolidated Financial Statements.

33

PG&E CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(in millions)(Unaudited) Balance at June 30, 2025December 31, 2024ASSETS  Current Assets  Cash and cash equivalents$494 $940 Restricted cash and restricted cash equivalents (includes $207 million and $263 million related to VIEs at respective dates)221 273 Accounts receivableCustomers (net of allowance for doubtful accounts of $404 million and $418 million at respective dates) (includes $1.7 billion and $1.9 billion related to VIEs, net of allowance for doubtful accounts of $404 million and $