Company: PCG-PB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001004980-25-000010
Chunk: 29

Company: PG&E Corp
Filing Date: 2025-02-13
Form: 10-K
Item: Item 16
Chunk 29
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222 Other Noncurrent Assets  Investments in subsidiaries42,829 36,804 Other investments175 167 Deferred income taxes633 539 Total other noncurrent assets43,637 37,510 TOTAL ASSETS$43,888 $37,732 LIABILITIES AND EQUITY  Current Liabilities  Accounts payable – other36 58 Income taxes payable1 1 Other current liabilities420 363 Total current liabilities457 422 Noncurrent Liabilities  Long-term debt5,612 4,599 Other noncurrent liabilities141 141 Total noncurrent liabilities5,753 4,740 Shareholders’ Equity  Mandatory convertible preferred stock1,579 — Common stock39,086 37,906 Reinvested earnings(2,966)(5,322)Accumulated other comprehensive loss(21)(14)Total shareholders’ equity37,678 32,570 TOTAL LIABILITIES AND EQUITY$43,888 $37,732 

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PG&E CORPORATIONSCHEDULE I – CONSOLIDATED FINANCIAL INFORMATION OF PG&E CORPORATION (“PARENT”) – (Continued)CONSOLIDATED STATEMENTS OF CASH FLOWS(in millions)  Year ended December 31, 202420232022Cash Flows from Operating Activities:   Net income $2,498 $2,242 $1,743 Adjustments to reconcile net income to net cash provided by operating activities:   Stock-based compensation amortization53 4 95 Equity in earnings of subsidiaries(2,699)(2,530)(2,160)Deferred income taxes and tax credits, net(94)(116)(126)Current income taxes payable— 9 — Other9 40 339 Net cash used in operating activities(233)(351)(109)Cash Flows From Investing Activities:   Investment in subsidiaries(5,360)(1,290)(994)Dividends received from subsidiaries (1)2,025 1,775 1,275 Net cash provided by (used in) investing activities(3,335)485 281 Cash Flows From Financing Activities:   Repayments under term loan credit facilities(500)(2,181)— Proceeds from issuance of convertible notes, net of discount and issuance costs of $0, $27, and $0 at respective dates— 2