Company: PCG-PB
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001004980-25-000132
Chunk: 48

Company: PG&E Corp
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 8
Chunk 48
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,414 $4,458 $8,549 $8,510 Natural gas1,484 1,528 3,332 3,337 Total operating revenues5,898 5,986 11,881 11,847 Operating Expenses  Cost of electricity599 763 998 1,084 Cost of natural gas111 204 607 733 Operating and maintenance2,854 2,753 5,492 5,384 Wildfire-related claims, net of recoveries50 (3)99 (4)Wildfire Fund expense109 78 185 156 Depreciation, amortization, and decommissioning1,073 1,053 2,170 2,075 Total operating expenses4,796 4,848 9,551 9,428 Operating Income1,102 1,138 2,330 2,419 Interest income179 199 293 333 Interest expense(713)(750)(1,368)(1,404)Other income, net83 79 154 158 Income Before Income Taxes651 666 1,409 1,506 Income tax provision39 101 102 160 Net Income612 565 1,307 1,346 Preferred stock dividend requirement4 4 7 7 Income Available for Common Stock$608 $561 $1,300 $1,339 

See accompanying Notes to the Condensed Consolidated Financial Statements.

40

PACIFIC GAS AND ELECTRIC COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 

(in millions)

 (Unaudited)Three Months Ended June 30,Six Months Ended June 30,2025202420252024Net Income $612 $565 $1,307 $1,346 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 $620 $565 $1,322 $1,345 

See accompanying