Company: PCG-PB
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001004980-25-000148
Chunk: 44

Company: PG&E Corp
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 8
Chunk 44
---
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 cash equivalents (includes $334 million and $263 million related to VIEs at respective dates)368 273 Accounts receivableCustomers (net of allowance for doubtful accounts of $408 million and $418 million at respective dates) (includes $2.0 billion and $1.9 billion related to VIEs, net of allowance for doubtful accounts of $407 million and $418 million at respective dates)2,343 2,220 Accrued unbilled revenue (includes $1.4 billion and $1.3 billion related to VIEs at respective dates)1,633 1,487 Regulatory balancing accounts4,827 7,227 Other (net of allowance for doubtful accounts of $82 million and $35 million at respective dates)1,871 1,810 Regulatory assets323 234 InventoriesGas stored underground and fuel oil74 52 Materials and supplies689 768 Wildfire Fund asset298 301 Wild