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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating Revenues        
Electric $ 3,463 $ 3,233 $ 6,476 $ 6,234
Natural gas 754 719 1,640 1,609
Total operating revenues 4,217 3,952 8,116 7,843
Operating Expenses        
Cost of electricity 1,277 1,349 2,277 2,559
Cost of natural gas 118 200 392 560
Operating and maintenance 1,484 1,328 3,407 2,627
Depreciation, amortization, and decommissioning 651 557 1,282 1,095
Total operating expenses 3,530 3,434 7,358 6,841
Operating Income 687 518 758 1,002
Interest income 3 2 4 5
Interest expense (192) (188) (381) (373)
Other income, net 18 43 76 62
Income Before Income Taxes 516 375 457 696
Income tax provision 110 104 17 195
Net Income 406 271 440 501
Preferred stock dividend requirement of subsidiary 4 4 7 7
Income Available for Common Shareholders $ 402 $ 267 $ 433 $ 494
Weighted Average Common Shares Outstanding, Basic 480 467 479 463
Weighted Average Common Shares Outstanding, Diluted 483 469 483 465
Net Earnings Per Common Share, Basic $ 0.84 $ 0.57 $ 0.90 $ 1.07
Net Earnings Per Common Share, Diluted 0.83 0.57 0.90 1.06
Dividends Declared Per Common Share $ 0.46 $ 0.46 $ 0.91 $ 0.91
Pacific Gas And Electric Company [Member]        
Operating Revenues        
Electric $ 3,462 $ 3,232 $ 6,476 $ 6,232
Natural gas 754 719 1,640 1,609
Total operating revenues 4,216 3,951 8,116 7,841
Operating Expenses        
Cost of electricity 1,277 1,349 2,277 2,559
Cost of natural gas 118 200 392 560
Operating and maintenance 1,483 1,321 3,406 2,618
Depreciation, amortization, and decommissioning 651 556 1,282 1,094
Total operating expenses 3,529 3,426 7,357 6,831
Operating Income 687 525 759 1,010
Interest income 3 3 4 5
Interest expense (189) (185) (376) (364)
Other income, net 20 17 46 37
Income Before Income Taxes 521 360 433 688
Income tax provision 115 110 23 210
Net Income 406 250 410 478
Preferred stock dividend requirement 4 4 7 7
Income Available for Common Shareholders $ 402 $ 246 $ 403 $ 471