Company: PCG-PB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001004980-25-000010
Chunk: 202

Company: PG&E Corp
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 202
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 deducting $747 million and $717 million as of December 31, 2024 and December 31, 2023, respectively, primarily related to deferred taxes on appreciation of investment value.

The fair value of fixed-income securities by contractual maturity is as follows: As of(in millions)December 31, 2024Less than 1 year$35 1–5 years742 5–10 years517 More than 10 years983 Total maturities of fixed-income securities$2,277 

The following table provides a summary of activity for the fixed-income and equity securities:(in millions)202420232022Proceeds from sales and maturities of nuclear decommissioning trust investments$1,980 $2,235 $3,316 Gross realized gains on securities255 80 2 Gross realized losses on securities(63)(74)(3)

139

Customer Credit TrustThe following table provides a summary of equity securities and available-for-sale debt securities:(in millions)AmortizedCostTotalUnrealizedGainsTotalUnrealizedLossesTotal FairValueAs of December 31, 2024Customer credit trustShort-term investments$1 $— $— $1 Global equity securities161 28 (3)186 Fixed-income securities193 1 (4)190 Total $355 $29 $(7)$377 As of December 31, 2023    Customer credit trust    Short-term investments$49 $— $— $49 Global equity securities56 16 (1)71 Fixed-income securities111 2 — 113 Total $216 $18 $(1)$233 

The fair value of fixed-income securities by contractual maturity is as follows: As of(in millions)December 31, 2024Less than 1 year$— 1–5 years44 5–10 years36 More than 10 years110 Total maturities of fixed-income securities$190 

The following table provides a summary of activity for the fixed-income and equity securities:(in millions)202420232022Proceeds from sales and maturities of customer credit trust investments$398 $556 $250 Gross realized gains on securities10 2310 Gross realized losses on securities (1)(8)(19)(41)(1) Includes $0 million and $4 million of