Company: PCG-PB
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001004980-25-000148
Chunk: 158

Company: PG&E Corp
Filing Date: 2025-10-23
Form: 10-Q
Item: Item 1A
Chunk 158
---
 expense(770)(795)(2,296)(2,322)Other income, net97 83 251 241 Income Before Income Taxes630 473 1,872 1,853 Income tax (benefit) expense(220)(106)(161)15 Net Income850 579 2,033 1,838 Preferred stock dividend requirement27 3 82 10 Income Available for Common Shareholders$823 $576 $1,951 $1,828 Weighted Average Common Shares Outstanding, Basic2,198 2,137 2,197 2,136 Weighted Average Common Shares Outstanding, Diluted2,281 2,143 2,202 2,142 Net Income Per Common Share, Basic$0.37 $0.27 $0.89 $0.86 Net Income Per Common Share, Diluted$0.37 $0.27 $0.89 $0.85 

See accompanying Notes to the Condensed Consolidated Financial Statements.

34

PG&E CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(in millions)

 (Unaudited)Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Net Income $850 $579 $2,033 $1,838 Other Comprehensive IncomePension and other postretirement benefit plans obligations (net of taxes of $0, $0, $0 and $0 respectively)— — 1 — Net unrealized (loss) gain on available-for-sale securities (net of taxes of $1, $2, $4 and $1 respectively)(4)4 10 3 Total other comprehensive income (loss)(4)4 11 3 Comprehensive Income 846 583 2,044 1,841 Preferred stock dividend requirement27 3 82 10 Comprehensive Income Available for Common Shareholders$819 $580 $1,962 $1,831 

See accompanying Notes to the Condensed Consolidated Financial Statements.

35

PG&E CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(in millions)(Unaudited) Balance at September 30, 2025December 31, 2024ASSETS  Current Assets  Cash and cash equivalents$404 $940 Restricted cash and restricted