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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Revenues      
Total operating revenues $ 17,129 $ 16,759 $ 17,135
Operating Expenses      
Operating and maintenance 8,725 7,153 6,321
Wildfire-related claims, net of insurance recoveries 11,435 11,771 0
Depreciation, amortization, and decommissioning 3,234 3,036 2,854
Total operating expenses 27,223 26,459 14,230
Operating Income (Loss) (10,094) (9,700) 2,905
Interest income 82 76 31
Interest expense (934) (929) (888)
Other income, net 250 424 123
Reorganization items, net (346) 0 0
Income (Loss) Before Income Taxes (11,042) (10,129) 2,171
Income tax provision (benefit) (3,400) (3,292) 511
Net Income (Loss) (7,642) (6,837) 1,660
Preferred stock dividend requirement of subsidiary 14 14 14
Income (Loss) Available for Common Shareholders $ (7,656) $ (6,851) $ 1,646
Weighted Average Common Shares Outstanding, Basic (in shares) 528 517 512
Weighted Average Common Shares Outstanding, Diluted (in shares) 528 517 513
Net Earnings (Loss) Per Common Share, Basic (in dollars per share) $ (14.50) $ (13.25) $ 3.21
Net Earnings (Loss) Per Common Share, Diluted (in dollars per share) $ (14.50) $ (13.25) $ 3.21
Pacific Gas & Electric Co      
Operating Revenues      
Total operating revenues $ 17,129 $ 16,760 $ 17,138
Operating Expenses      
Operating and maintenance 8,750 7,153 6,383
Wildfire-related claims, net of insurance recoveries 11,435 11,771 0
Depreciation, amortization, and decommissioning 3,233 3,036 2,854
Total operating expenses 27,247 26,459 14,292
Operating Income (Loss) (10,118) (9,699) 2,846
Interest income 82 74 30
Interest expense (912) (914) (877)
Other income, net 239 426 119
Reorganization items, net (320) 0 0
Income (Loss) Before Income Taxes (11,029) (10,113) 2,118
Income tax provision (benefit) (3,407) (3,295) 427
Net Income (Loss) (7,622) (6,818) 1,691
Preferred stock dividend requirement 14 14 14
Income (Loss) Available for Common Shareholders (7,636) (6,832) 1,677
Electric      
Operating Revenues      
Total operating revenues 12,740 12,713 13,124
Operating Expenses      
Cost of goods 3,095 3,828 4,309
Electric | Pacific Gas & Electric Co      
Operating Revenues      
Total operating revenues 12,740 12,713 13,127
Operating Expenses      
Cost of goods 3,095 3,828 4,309
Natural gas      
Operating Revenues      
Total operating revenues 4,389 4,046 4,011
Operating Expenses      
Cost of goods 734 671 746
Natural gas | Pacific Gas & Electric Co      
Operating Revenues      
Total operating revenues 4,389 4,047 4,011
Operating Expenses      
Cost of goods $ 734 $ 671 $ 746