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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating Revenues        
Electric $ 3,648 $ 3,994 $ 10,036 $ 10,590
Natural gas 869 816 2,999 2,363
Total operating revenues 4,517 4,810 13,035 12,953
Operating Expenses        
Cost of electricity 1,466 1,613 3,436 3,719
Cost of natural gas 78 80 524 377
Operating and maintenance 1,364 1,783 4,414 5,631
Depreciation, amortization, and decommissioning 710 694 2,134 2,090
Total operating expenses 3,618 4,170 10,508 11,817
Operating Income 899 640 2,527 1,136
Interest income 9 8 22 17
Interest expense (220) (211) (663) (621)
Other income, net 25 24 59 74
Income Before Income Taxes 713 461 1,945 606
Income tax provision (benefit) 160 70 403 (105)
Net Income 553 391 1,542 711
Preferred stock dividend requirement of subsidiary 3 3 10 10
Income Available for Common Shareholders $ 550 $ 388 $ 1,532 $ 701
Weighted Average Common Shares Outstanding, Basic 513 501 511 497
Weighted Average Common Shares Outstanding, Diluted 516 503 514 500
Net Earnings Per Common Share, Basic $ 1.07 $ 0.77 $ 3.00 $ 1.41
Net Earnings Per Common Share, Diluted 1.07 0.77 2.98 1.40
Dividends Declared Per Common Share $ 0.53 $ 0.49 $ 1.55 $ 1.44
Pacific Gas And Electric Company [Member]        
Operating Revenues        
Electric $ 3,647 $ 3,993 $ 10,038 $ 10,590
Natural gas 869 816 2,999 2,363
Total operating revenues 4,516 4,809 13,037 12,953
Operating Expenses        
Cost of electricity 1,466 1,613 3,436 3,719
Cost of natural gas 78 80 524 377
Operating and maintenance 1,428 1,782 4,477 5,630
Depreciation, amortization, and decommissioning 710 694 2,134 2,090
Total operating expenses 3,682 4,169 10,571 11,816
Operating Income 834 640 2,466 1,137
Interest income 10 8 22 16
Interest expense (217) (209) (655) (614)
Other income, net 24 23 52 68
Income Before Income Taxes 651 462 1,885 607
Income tax provision (benefit) 138 73 394 (99)
Net Income 513 389 1,491 706
Preferred stock dividend requirement 3 3 10 10
Income Available for Common Shareholders $ 510 $ 386 $ 1,481 $ 696