Company: PCG-PB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001004980-25-000010
Chunk: 161

Company: PG&E Corp
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 161
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 “Income Taxes” in Note 9, “Derivatives” in Note 10, “Fair Value Measurements” in Note 11, “Wildfire-Related Contingencies” in Note 14, and “Other Contingencies and Commitments” in Note 15 below.

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Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive IncomeThe changes, net of income tax, in PG&E Corporation’s Accumulated other comprehensive income (loss) for the year ended December 31, 2024 consisted of the following:(in millions, net of income tax)PensionBenefitsOtherBenefitsAvailable-for-Sale Securities(2)TotalBeginning balance$(28)$18 $2 $(8)Other comprehensive income before reclassifications:Unrealized gain on investments (net of taxes of $0, $0 and $0, respectively)— — 1 1 Unrecognized net actuarial gain (loss) (net of taxes of $104, $11 and $0, respectively)(268)29 — (239)Regulatory account transfer (net of taxes of $101, $11 and $0, respectively)260 (29)— 231 Amounts reclassified from other comprehensive income:Amortization of prior service cost (credit) (net of taxes of $1, $1 and $0, respectively) (1)(2)2 — — Amortization of net actuarial (gain) loss (net of taxes of $0, $6 and $0, respectively) (1)1 (16)— (15)Regulatory account transfer (net of taxes of $1, $5 and $0, respectively) (1)2 14 — 16 Net current period other comprehensive income(7)— 1 (6)Ending balance$(35)$18 $3 $(14)(1) These components are included in the computation of net periodic pension and other postretirement benefit costs.  See Note 12 below for additional details.(2) Includes amounts related to the customer credit trust and Pacific Energy Risk Solutions, LLC.The changes, net of income tax, in PG&E Corporation’s Accumulated other comprehensive income (loss) for the year ended December 31, 2023 consisted of the following:(in millions, net of income tax)PensionBenefitsOtherBenefitsCustomer Credit TrustTotalBeginning balance$(12)$18 $(6)$— Other comprehensive income before reclass