Company: PCG-PB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001004980-25-000010
Chunk: 162

Company: PG&E Corp
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 162
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ifications:Unrealized gain on investments (net of taxes of $0, $0 and $3, respectively)— — 8 8 Unrecognized net actuarial gain (loss) (net of taxes of $76, $28 and $0, respectively)(196)73 — (123)Regulatory account transfer (net of taxes of $70, $28 and $0, respectively)180 (73)— 107 Amounts reclassified from other comprehensive income:Amortization of prior service cost (credit) (net of taxes of $1, $1 and $0, respectively) (1)(3)2 — (1)Amortization of net actuarial (gain) loss (net of taxes of $0, $5 and $0, respectively)(1)1 (14)— (13)Regulatory account transfer (net of taxes of $1, $4 and $0, respectively) (1)2 12 — 14 Net current period other comprehensive income (loss)(16)— 8 (8)Ending balance$(28)$18 $2 $(8)(1) These components are included in the computation of net periodic pension and other postretirement benefit costs.  See Note 12 below for additional details.

112

Recognition of Lease Assets and LiabilitiesA lease exists when an arrangement allows the lessee to control the use of an identified asset for a stated period in exchange for payments.  This determination is made at inception of the arrangement.  All leases must be recognized as a ROU asset and a lease liability on the balance sheet of the lessee.  The ROU asset reflects the lessee’s right to use the underlying asset for the lease term, and the lease liability reflects the obligation to make the lease payments.  PG&E Corporation and the Utility have elected not to separate lease and non-lease components.The Utility estimates the ROU assets and lease liabilities at net present value using its incremental secured borrowing rates unless it can ascertain an implicit discount rate from the leasing arrangement.  The incremental secured borrowing rate is based on observed market data and other information available at the lease commencement date.  The ROU assets and lease liabilities only include the fixed lease payments for arrangements with terms greater than 12 months.  These amounts are presented within the supplemental disclosures of noncash activities on the Consolidated Statement of Cash Flows.  Renewal and termination options only impact the lease term if it is reasonably