2019 Q4 Form 10-K Financial Statement

#000100498021000007 Filed on February 25, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018
Revenue $4.743B $4.088B $16.76B
YoY Change 16.02% -0.29% -2.19%
Cost Of Revenue $808.0M $1.024B $4.499B
YoY Change -21.09% -6.48% -11.0%
Gross Profit $3.935B $3.064B $12.26B
YoY Change 28.43% 1.96% 1.49%
Gross Profit Margin 82.96% 74.95% 73.15%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $801.0M $779.0M $3.036B
YoY Change 2.82% 8.19% 6.38%
% of Gross Profit 20.36% 25.42% 24.76%
Operating Expenses $3.291B $2.931B $10.19B
YoY Change 12.28% 13.25% 11.05%
Operating Profit $644.0M $133.0M -$9.700B
YoY Change 384.21% -68.11% -433.91%
Interest Expense -$699.0M -$210.0M $929.0M
YoY Change 232.86% -2.78% 4.62%
% of Operating Profit -108.54% -157.89%
Other Income/Expense, Net $51.00M $106.0M $424.0M
YoY Change -51.89% 324.0% 244.72%
Pretax Income -$5.081B -$9.634B -$10.13B
YoY Change -47.26% -4362.83% -566.56%
Income Tax -$1.468B -$2.752B -$3.292B
% Of Pretax Income
Net Earnings -$3.613B -$6.869B -$6.837B
YoY Change -47.4% -5921.19% -511.87%
Net Earnings / Revenue -76.18% -168.03% -40.8%
Basic Earnings Per Share -$13.25
Diluted Earnings Per Share -$6.843M -$13.21M -$13.25
COMMON SHARES
Basic Shares Outstanding 529.2M shares 518.7M shares 517.0M shares
Diluted Shares Outstanding 517.0M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.570B $1.668B $1.668B
YoY Change -5.88% 271.49% 271.49%
Cash & Equivalents $1.570B $1.668B $1.668B
Short-Term Investments
Other Short-Term Assets $639.0M $448.0M $3.116B
YoY Change 42.63% -3.45% -4.03%
Inventory $97.00M $111.0M $554.0M
Prepaid Expenses
Receivables $1.287B $1.148B $1.148B
Other Receivables $2.617B $2.709B $2.709B
Total Short-Term Assets $10.17B $9.195B $9.195B
YoY Change 10.55% 46.39% 46.39%
LONG-TERM ASSETS
Property, Plant & Equipment $61.64B $58.56B $59.35B
YoY Change 5.26% 8.86% 10.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.804B $1.480B $8.384B
YoY Change 21.89% 21.21% 7.51%
Total Long-Term Assets $75.03B $67.80B $67.80B
YoY Change 10.67% 9.83% 9.83%
TOTAL ASSETS
Total Short-Term Assets $10.17B $9.195B $9.195B
Total Long-Term Assets $75.03B $67.80B $67.80B
Total Assets $85.20B $77.00B $77.00B
YoY Change 10.65% 13.21% 13.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.954B $1.975B $1.975B
YoY Change -1.06% 19.99% 19.99%
Accrued Expenses $560.0M $228.0M $228.0M
YoY Change 145.61% 5.07% 5.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $3.435B $3.435B
YoY Change -100.0% 268.96% 268.96%
Long-Term Debt Due $0.00 $18.56B $18.56B
YoY Change -100.0% 4070.56% 4071.01%
Total Short-Term Liabilities $7.631B $41.70B $41.70B
YoY Change -81.7% 484.86% 484.86%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $22.08B $9.000M
YoY Change -100.0% 24.35% -99.95%
Other Long-Term Liabilities $2.573B $2.464B $19.11B
YoY Change 4.42% 15.68% 7.23%
Total Long-Term Liabilities $21.63B $22.40B $19.12B
YoY Change -3.42% -45.92% -46.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.631B $41.70B $41.70B
Total Long-Term Liabilities $21.63B $22.40B $19.12B
Total Liabilities $29.26B $64.09B $64.34B
YoY Change -54.34% 32.04% 31.87%
SHAREHOLDERS EQUITY
Retained Earnings -$7.892B -$250.0M
YoY Change 3056.8% -103.79%
Common Stock $13.04B $12.91B
YoY Change 0.99% 2.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.136B $12.65B $12.65B
YoY Change
Total Liabilities & Shareholders Equity $85.20B $77.00B $77.00B
YoY Change 10.65% 13.21% 13.21%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018
OPERATING ACTIVITIES
Net Income -$3.613B -$6.869B -$6.837B
YoY Change -47.4% -5921.19% -511.87%
Depreciation, Depletion And Amortization $801.0M $779.0M $3.036B
YoY Change 2.82% 8.19% 6.38%
Cash From Operating Activities $749.0M $516.0M $4.752B
YoY Change 45.16% -58.39% -20.5%
INVESTING ACTIVITIES
Capital Expenditures -$2.121B -$1.922B $6.514B
YoY Change 10.35% 12.86% 15.48%
Acquisitions
YoY Change
Other Investing Activities -$7.000M -$25.00M -$23.00M
YoY Change -72.0% -933.33% 0.0%
Cash From Investing Activities -$2.128B -$1.947B -$6.564B
YoY Change 9.3% 14.53% 16.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $200.0M
YoY Change -49.37%
Debt Paid & Issued, Net $795.0M
YoY Change -44.98%
Cash From Financing Activities -21.00M 2.669B $3.031B
YoY Change -100.79% 271.73% -5610.91%
NET CHANGE
Cash From Operating Activities 749.0M 516.0M $4.752B
Cash From Investing Activities -2.128B -1.947B -$6.564B
Cash From Financing Activities -21.00M 2.669B $3.031B
Net Change In Cash -1.400B 1.238B $1.219B
YoY Change -213.09% 379.84% 348.16%
FREE CASH FLOW
Cash From Operating Activities $749.0M $516.0M $4.752B
Capital Expenditures -$2.121B -$1.922B $6.514B
Free Cash Flow $2.870B $2.438B -$1.762B
YoY Change 17.72% -17.16% -624.4%

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CY2020 us-gaap Profit Loss
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CY2020 us-gaap Temporary Equity Stock Issued During Period Value New Issues
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020 us-gaap Use Of Estimates
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The preparation of financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities. Some of the more significant estimates and assumptions relate to the Utility’s regulatory assets and liabilities, wildfire-related liabilities, legal and regulatory contingencies, the Wildfire Fund, environmental remediation liabilities, AROs, insurance receivables, and pension and other post-retirement benefit plan obligations. Management believes that its estimates and assumptions reflected in the Consolidated Financial Statements are appropriate and reasonable. A change in management’s estimates or assumptions could result in an adjustment that would have a material impact on PG&E Corporation’s and the Utility’s financial condition, results of operations, liquidity, and cash flows during the period in which such change occurred.
CY2020Q3 us-gaap Proceeds From Issuance Or Sale Of Equity
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CY2020Q3 pcg Sale Of Stock Transfer Of Shares Related To Litigation Settlement
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CY2020Q3 pcg Sale Of Stock Transfer Of Shares Related To Litigation Settlement Additional
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CY2020Q3 pcg Debtor Reorganization Items Subrogation Claims Settlement Amount
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CY2020Q3 us-gaap Proceeds From Issuance Or Sale Of Equity
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CY2020Q3 pcg Plan Of Reorganization Equity Backstop Commitments Shares
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CY2020Q3 pcg Plan Of Reorganization Equity Backstop Commitments Value
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CY2020Q2 pcg Plan Of Reorganization Backstop Commitment Premium Expense
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CY2020Q2 pcg Plan Of Reorganization Additional Backstop Commitment Premium Expense
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CY2019Q4 us-gaap Liabilities Subject To Compromise Environmental Contingencies
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CY2019Q4 us-gaap Liabilities Subject To Compromise Provision For Expected And Allowed Claims
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CY2020Q4 us-gaap Liabilities Subject To Compromise Provision For Expected And Allowed Claims
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CY2019Q4 pcg Liabilities Subjectto Compromise Customer Deposits And Advances
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CY2019Q4 us-gaap Liabilities Subject To Compromise Other Liabilities
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CY2019Q4 us-gaap Liabilities Subject To Compromise
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CY2020Q4 us-gaap Liabilities Subject To Compromise
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CY2019Q4 pcg Plan Of Reorganization Insurance From Wildfire Events
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CY2019 us-gaap Reorganization Items
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CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
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CY2019Q4 us-gaap Asset Retirement Obligation
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CY2019Q3 pcg Loss Contingency Expected Wildfire Fund Allocation Metric Initial Contribution
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4800000000 USD
CY2019Q3 pcg Loss Contingency Expected Wildfire Fund Allocation Metric Annual Contributions
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193000000 USD
CY2020Q4 pcg Loss Contingency Expected Wildfire Fund Allocation Metric Annual Contributions Second
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193000000 USD
CY2019Q3 pcg Loss Contingency Expected Wildfire Fund Allocation Metric Annual Contributions
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193000000 USD
CY2020Q4 us-gaap Litigation Reserve Current
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CY2020Q4 pcg Litigation Contribution
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CY2020 pcg Assumption Amortization Period
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CY2020 pcg Assumption Greater Effectiveness Amortization Period
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CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2019 us-gaap Lease Cost
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CY2020Q4 pcg Debt Program Termination Period
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2020Q4 us-gaap Operating Lease Liability
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CY2020Q4 pcg Regulatory Assets Probable Recovery
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CY2020Q4 pcg Regulatory Assets Deferred Amount
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CY2020Q4 pcg Long Term Principal Repayment Amount Total
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CY2020Q2 us-gaap Common Stock Shares Authorized
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CY2020Q2 us-gaap Preferred Stock Shares Authorized
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CY2019Q4 us-gaap Regulatory Assets Noncurrent
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CY2020Q4 pcg Retained Generation Asset Costs
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CY2020Q4 us-gaap Regulatory Liability Noncurrent
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CY2019Q4 us-gaap Regulatory Liability Noncurrent
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CY2020 pcg Regulated Operating Revenue Expected Collection Period
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CY2020Q2 us-gaap Sale Of Stock Price Per Share
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CY2020Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
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CY2020Q2 us-gaap Proceeds From Issuance Or Sale Of Equity
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CY2020Q2 pcg Proceeds From Issuance Or Sale Of Equity Net
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CY2020Q3 pcg Proceeds From Issuance Or Sale Of Equity Net
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CY2020 pcg Proceeds From Equity Backstop Commitments And Forward Stock Purchase Agreements
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523000000 USD
CY2020Q3 pcg Sale Of Stock Redemption Of Rights Return Amount
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CY2020Q3 pcg Sale Of Stock Redemption Of Rights Return Amount
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CY2020Q3 pcg Sale Of Stock Issuance And Delivery Common Stock
SaleOfStockIssuanceAndDeliveryCommonStock
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CY2020Q4 pcg Litigation Settlement Equity Contribution Cash
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12900000000 USD
CY2020Q4 pcg Sale Of Stock Percentage Of Equity Security Ownership With Board Of Director Approval
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CY2020Q2 pcg Deferred Tax Asset Litigation Adjustment
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CY2020Q1 pcg Dividend Reinstatement Target Amount
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CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsRsusGrantsInPeriodWeightedAverageGrantDateFairValue
9.25
CY2019 pcg Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Rsus Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsRsusGrantsInPeriodWeightedAverageGrantDateFairValue
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42000000 USD
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41000000 USD
CY2020 pcg Employee Service Share Based Compensation Nonvested Restricted Stock Units Total Compensation Cost Not Yet Recognized
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsRsusNonvestedWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsRsusGrantsInPeriodWeightedAverageGrantDateFairValue
9.25
CY2020 pcg Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Rsus Vested In Period
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33.14
CY2020 pcg Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Rsus Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsRsusForfeitedInPeriod
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CY2020 pcg Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Rsus Forfeited In Period Weighted Average Grant Date Fair Value
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsRsusNonvestedWeightedAverageGrantDateFairValue
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2020 pcg Incremental Common Shares Attributable To Equity Units
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CY2019 pcg Incremental Common Shares Attributable To Equity Units
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CY2018 pcg Incremental Common Shares Attributable To Equity Units
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CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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CY2020Q4 pcg Rabbi Trust Fair Value Disclosure
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CY2020Q4 pcg Long Term Disability Trust Fair Value Disclosure
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CY2020Q4 us-gaap Assets Fair Value Disclosure
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CY2020Q4 pcg Amount Primarily Related To Deferred Taxes On Appreciation Of Investment Value
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CY2019Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
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CY2019Q4 pcg Rabbi Trust Fair Value Disclosure
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CY2019Q4 pcg Long Term Disability Trust Fair Value Disclosure
LongTermDisabilityTrustFairValueDisclosure
166000000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
8000000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
5523000000 USD
CY2019Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
14000000 USD
CY2019Q4 pcg Amount Primarily Related To Deferred Taxes On Appreciation Of Investment Value
AmountPrimarilyRelatedToDeferredTaxesOnAppreciationOfInvestmentValue
530000000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2180000000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2033000000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
4209000000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2011000000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1698000000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
6000000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
3703000000 USD
CY2020Q4 pcg Amount Primarily Related To Deferred Taxes On Appreciation Of Investment Value
AmountPrimarilyRelatedToDeferredTaxesOnAppreciationOfInvestmentValue
671000000 USD
CY2019Q4 pcg Amount Primarily Related To Deferred Taxes On Appreciation Of Investment Value
AmountPrimarilyRelatedToDeferredTaxesOnAppreciationOfInvestmentValue
530000000 USD
CY2020 us-gaap Proceeds From Decommissioning Fund
ProceedsFromDecommissioningFund
1518000000 USD
CY2019 us-gaap Proceeds From Decommissioning Fund
ProceedsFromDecommissioningFund
956000000 USD
CY2018 us-gaap Proceeds From Decommissioning Fund
ProceedsFromDecommissioningFund
1412000000 USD
CY2020 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
159000000 USD
CY2019 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
69000000 USD
CY2018 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
54000000 USD
CY2020 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
41000000 USD
CY2019 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
14000000 USD
CY2018 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
24000000 USD
CY2020 pcg Defined Benefit Plan Health Care Cost Trend Rate Assumed For Current Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForCurrentFiscalYear
0.063
CY2020Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.045
CY2020 pcg Defined Benefit Plan Expected Return On Plan Assets Percentage
DefinedBenefitPlanExpectedReturnOnPlanAssetsPercentage
0.051
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.096
CY2020 pcg Defined Benefit Plan Number Of Aa Grade Non Callable Bonds Used To Develop Yield Curve For Rate Used
DefinedBenefitPlanNumberOfAaGradeNonCallableBondsUsedToDevelopYieldCurveForRateUsed
835 noncallable_bond
CY2020Q4 pcg Total Fair Value Of Plan Assets For Pension And Other Benefit Plans
TotalFairValueOfPlanAssetsForPensionAndOtherBenefitPlans
24003000000 USD
CY2019Q4 pcg Total Fair Value Of Plan Assets For Pension And Other Benefit Plans
TotalFairValueOfPlanAssetsForPensionAndOtherBenefitPlans
21324000000 USD
CY2020Q4 pcg Total Fair Value Of Trust Other Net Liabilities
TotalFairValueOfTrustOtherNetLiabilities
-249000000 USD
CY2019Q4 pcg Total Fair Value Of Trust Other Net Liabilities
TotalFairValueOfTrustOtherNetLiabilities
99000000 USD
pcg Accrued Environmental Loss Contingencies Current Elimination
AccruedEnvironmentalLossContingenciesCurrentElimination
12150000000 USD
CY2020 us-gaap Pension Expense
PensionExpense
119000000 USD
CY2019 us-gaap Pension Expense
PensionExpense
109000000 USD
CY2018 us-gaap Pension Expense
PensionExpense
105000000 USD
CY2020Q3 pcg Plan Of Reorganization Tax Benefits Payment Agreement
PlanOfReorganizationTaxBenefitsPaymentAgreement
1350000000 USD
CY2020Q3 pcg Plan Of Reorganization Tax Benefits Payment Agreement
PlanOfReorganizationTaxBenefitsPaymentAgreement
1350000000 USD
CY2019Q3 pcg Debtor Reorganization Items Subrogation Claims Settlement Amount
DebtorReorganizationItemsSubrogationClaimsSettlementAmount
11000000000.0 USD
CY2019Q3 pcg Debtor Reorganization Items Subrogation Claims Professional Fees
DebtorReorganizationItemsSubrogationClaimsProfessionalFees
55000000 USD
CY2020Q4 us-gaap Prepaid Insurance
PrepaidInsurance
536000000 USD
CY2020Q4 pcg Insurance Premium Costs Recovery Coverage Amount
InsurancePremiumCostsRecoveryCoverageAmount
1400000000 USD
CY2020Q4 pcg Insurance Premium Costs Recovery Coverage Amount
InsurancePremiumCostsRecoveryCoverageAmount
1400000000 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
2238000000 USD
CY2020 us-gaap Insurance Recoveries
InsuranceRecoveries
649000000 USD
CY2020 pcg Insurance Settlements Receivable Reimbursements
InsuranceSettlementsReceivableReimbursements
2213000000 USD
CY2020Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
674000000 USD
CY2019Q3 pcg Loss Contingency Disallowance Cap Transmission And Distribution Equity Rate Base
LossContingencyDisallowanceCapTransmissionAndDistributionEquityRateBase
2700000000 USD
CY2019Q3 pcg Loss Contingency Initial Safety Certification Period
LossContingencyInitialSafetyCertificationPeriod
P12M
CY2019Q3 pcg Loss Contingency Initial Safety Certification Documentation Provided Period
LossContingencyInitialSafetyCertificationDocumentationProvidedPeriod
P90D
CY2020Q4 pcg Loss Contingency Expected Capitalization Proceeds Of Bond
LossContingencyExpectedCapitalizationProceedsOfBond
10500000000 USD
CY2020Q4 pcg Loss Contingency Expected Capitalization Initial Contribution
LossContingencyExpectedCapitalizationInitialContribution
7500000000 USD
CY2020Q4 pcg Loss Contingency Expected Capitalization Annual Contribution
LossContingencyExpectedCapitalizationAnnualContribution
300000000 USD
CY2019Q3 pcg Loss Contingency Expected Wildfire Fund Allocation Metric Percentage
LossContingencyExpectedWildfireFundAllocationMetricPercentage
0.642
CY2019Q3 pcg Loss Contingency Expected Wildfire Fund Allocation Metric Initial Contribution
LossContingencyExpectedWildfireFundAllocationMetricInitialContribution
4800000000 USD
CY2019Q3 pcg Loss Contingency Expected Wildfire Fund Allocation Metric Annual Contributions
LossContingencyExpectedWildfireFundAllocationMetricAnnualContributions
193000000 USD
CY2019Q3 pcg Loss Contingency Expected Wildfire Fund Allocation Metric Allocation
LossContingencyExpectedWildfireFundAllocationMetricAllocation
3210000000 USD
CY2020Q3 pcg Litigation Initial Contribution Payment
LitigationInitialContributionPayment
4800000000 USD
CY2020Q3 pcg Litigation Annual Contribution First Payment
LitigationAnnualContributionFirstPayment
193000000 USD
CY2020Q4 pcg Litigation Annual Contribution Second Payment
LitigationAnnualContributionSecondPayment
193000000 USD
CY2020Q4 pcg Loss Contingency Expenses And Capital Expenditures Disallowed Costs
LossContingencyExpensesAndCapitalExpendituresDisallowedCosts
1625000000 USD
CY2020Q2 pcg Loss Contingency Expenses And Capital Expenditures Disallowed Capital Approved
LossContingencyExpensesAndCapitalExpendituresDisallowedCapitalApproved
198000000 USD
CY2020Q2 pcg Loss Contingency Shareholder Funded System Enhancement Initiatives Approved
LossContingencyShareholderFundedSystemEnhancementInitiativesApproved
64000000 USD
CY2020Q2 pcg Fine Payable To General Fund Suspended
FinePayableToGeneralFundSuspended
200000000 USD
CY2020Q2 pcg Number Of Parties Filed Separate Applications For Rehearing
NumberOfPartiesFiledSeparateApplicationsForRehearing
2 party
CY2020Q2 pcg Public Utilities Approved Rate Depreciation Percentage
PublicUtilitiesApprovedRateDepreciationPercentage
0.0294
CY2020Q2 pcg Public Utilities Requested Rate Depreciation Percentage
PublicUtilitiesRequestedRateDepreciationPercentage
0.0325
CY2020Q2 pcg Public Utilities Labor Rates Allocation Percentage
PublicUtilitiesLaborRatesAllocationPercentage
0.0615
CY2020Q2 pcg Public Utilities Direct Assignment Percentage
PublicUtilitiesDirectAssignmentPercentage
0.0884
CY2020Q4 pcg Accrued Legal Liabilities
AccruedLegalLiabilities
144000000 USD
CY2019Q4 pcg Accrued Legal Liabilities
AccruedLegalLiabilities
116000000 USD
CY2020Q4 pcg Topock Natural Gas Compressor Station
TopockNaturalGasCompressorStation
303000000 USD
CY2019Q4 pcg Topock Natural Gas Compressor Station
TopockNaturalGasCompressorStation
362000000 USD
CY2020Q4 pcg Hinkley Natural Gas Compressor Station
HinkleyNaturalGasCompressorStation
132000000 USD
CY2019Q4 pcg Hinkley Natural Gas Compressor Station
HinkleyNaturalGasCompressorStation
138000000 USD
CY2020Q4 pcg Former Manufactured Gas Plant Sites Owned By Utility Or Third Parties
FormerManufacturedGasPlantSitesOwnedByUtilityOrThirdParties
659000000 USD
CY2019Q4 pcg Former Manufactured Gas Plant Sites Owned By Utility Or Third Parties
FormerManufacturedGasPlantSitesOwnedByUtilityOrThirdParties
568000000 USD
CY2020Q4 pcg Utility Owned Generation Facilities Other Than For Fossil Fuel Fired Other Facilities And Third Party Disposal Sites
UtilityOwnedGenerationFacilitiesOtherThanForFossilFuelFiredOtherFacilitiesAndThirdPartyDisposalSites
111000000 USD
CY2019Q4 pcg Utility Owned Generation Facilities Other Than For Fossil Fuel Fired Other Facilities And Third Party Disposal Sites
UtilityOwnedGenerationFacilitiesOtherThanForFossilFuelFiredOtherFacilitiesAndThirdPartyDisposalSites
101000000 USD
CY2020Q4 pcg Fossil Fuel Fired Generation Facilities Formerly Owned By Utility
FossilFuelFiredGenerationFacilitiesFormerlyOwnedByUtility
96000000 USD
CY2019Q4 pcg Fossil Fuel Fired Generation Facilities Formerly Owned By Utility
FossilFuelFiredGenerationFacilitiesFormerlyOwnedByUtility
106000000 USD
CY2020Q4 pcg Environmental Remediation Liability
EnvironmentalRemediationLiability
1301000000 USD
CY2019Q4 pcg Environmental Remediation Liability
EnvironmentalRemediationLiability
1275000000 USD
CY2020Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
986000000 USD
CY2020 pcg Number Of Nuclear Generating Units
NumberOfNuclearGeneratingUnits
2 nuclear_generating_unit
CY2020Q4 pcg Maximum Annual Payment Per Incident For Liability For Nuclear Incident Per Reactor
MaximumAnnualPaymentPerIncidentForLiabilityForNuclearIncidentPerReactor
450000000 USD
CY2020Q4 us-gaap Recorded Unconditional Purchase Obligation Due Within One Year
RecordedUnconditionalPurchaseObligationDueWithinOneYear
3447000000 USD
CY2020Q4 us-gaap Recorded Unconditional Purchase Obligation Due In Second Year
RecordedUnconditionalPurchaseObligationDueInSecondYear
2860000000 USD
CY2020Q4 us-gaap Recorded Unconditional Purchase Obligation Due In Third Year
RecordedUnconditionalPurchaseObligationDueInThirdYear
2488000000 USD
CY2020Q4 us-gaap Recorded Unconditional Purchase Obligation Due In Fourth Year
RecordedUnconditionalPurchaseObligationDueInFourthYear
2303000000 USD
CY2020Q4 us-gaap Recorded Unconditional Purchase Obligation Due In Fifth Year
RecordedUnconditionalPurchaseObligationDueInFifthYear
2244000000 USD
CY2020Q4 us-gaap Recorded Unconditional Purchase Obligation Due After Fifth Year
RecordedUnconditionalPurchaseObligationDueAfterFifthYear
21841000000 USD
CY2020Q4 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
35183000000 USD
CY2020Q4 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
40000000 USD
CY2020Q4 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
30000000 USD
CY2020Q4 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
46000000 USD
CY2020Q4 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
65000000 USD
CY2020Q4 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
60000000 USD
CY2020Q4 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
2924000000 USD
CY2020Q4 us-gaap Other Commitment
OtherCommitment
3165000000 USD
CY2020 pcg Payments For Other Commitments
PaymentsForOtherCommitments
45000000 USD
CY2019 pcg Payments For Other Commitments
PaymentsForOtherCommitments
48000000 USD
CY2018 pcg Payments For Other Commitments
PaymentsForOtherCommitments
43000000 USD
CY2020Q2 us-gaap Net Rentable Area
NetRentableArea
910000 sqft
CY2020Q4 pcg Lease Option Payment Letter Of Credit
LeaseOptionPaymentLetterOfCredit
75000000 USD
CY2020Q4 pcg Lease Security Letter Of Credit
LeaseSecurityLetterOfCredit
75000000 USD
CY2020Q2 us-gaap Purchase Options Land
PurchaseOptionsLand
892000000 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2019 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
13000000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
43000000 USD
CY2020 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
138000000 USD
CY2020 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2020 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
35000000 USD
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
146000000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
56000000 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
0 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
43000000 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
64000000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
34000000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2018 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
42000000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
56000000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
43000000 USD
CY2020 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
138000000 USD
CY2020 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2020 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
35000000 USD
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
146000000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
56000000 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
0 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2019 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
13000000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
43000000 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
64000000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
34000000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
0 USD
CY2018 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
42000000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
56000000 USD

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