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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities      
Net Income (Loss) $ (7,642) $ (6,837) $ 1,660
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization, and decommissioning 3,234 3,036 2,854
Allowance for equity funds used during construction (79) (129) (89)
Deferred income taxes and tax credits, net (2,948) (2,532) 1,254
Reorganization items, net 108 0 0
Disallowed capital expenditures 581 (45) 47
Other 207 332 307
Effect of changes in operating assets and liabilities:      
Accounts receivable (104) (121) 67
Wildfire-related insurance receivable 35 (1,698) (21)
Inventories (80) (73) (18)
Accounts payable 516 409 173
Wildfire-related claims (114) 13,665 (129)
Income taxes receivable/payable 23 (23) 160
Other current assets and liabilities 77 (281) 42
Regulatory assets, liabilities, and balancing accounts, net (1,417) (800) (387)
Liabilities subject to compromise 12,222 0 0
Other noncurrent assets and liabilities 197 (151) 57
Net cash provided by operating activities 4,816 4,752 5,977
Cash Flows from Investing Activities      
Capital expenditures (6,313) (6,514) (5,641)
Proceeds from sales and maturities of nuclear decommissioning trust investments 956 1,412 1,291
Purchases of nuclear decommissioning trust investments (1,032) (1,485) (1,323)
Other 11 23 23
Net cash used in investing activities (6,378) (6,564) (5,650)
Cash Flows from Financing Activities      
Proceeds from debtor-in-possession credit facility 1,850 0 0
Repayments of debtor-in-possession credit facility (350) 0 0
Debtor-in-possession credit facility debt issuance costs (113) 0 0
Borrowings under revolving credit facilities 0 3,960 0
Repayments under revolving credit facilities 0 (775) 0
Net repayments of commercial paper, net of discount 0 (182) (840)
Short-term debt financing 0 600 750
Short-term debt matured 0 (750) (500)
Proceeds from issuance of long-term debt, net of premium, discount and issuance costs 0 793 2,713
Long-term debt matured or repurchased 0 (795) (1,445)
Common stock dividends paid 0 0 (1,021)
Other (8) (20) (107)
Net cash provided by (used in) financing activities 1,464 3,031 (55)
Net change in cash, cash equivalents, and restricted cash (98) 1,219 272
Cash, cash equivalents, and restricted cash at January 1 1,675 456 184
Cash, cash equivalents, and restricted cash at December 31 1,577 1,675 456
Less: Restricted cash and restricted cash equivalents (7) (7) (7)
Cash and cash equivalents 1,570 1,668 449
Cash received (paid) for:      
Interest, net of amounts capitalized (10) (786) (790)
Income taxes, net 0 (49) 162
Supplemental disclosures of noncash investing and financing activities      
Capital expenditures financed through accounts payable 826 368 501
Noncash common stock issuances 0 0 21
Operating lease liabilities arising from obtaining ROU assets 2,816 0 0
Pacific Gas & Electric Co      
Cash Flows from Operating Activities      
Net Income (Loss) (7,622) (6,818) 1,691
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization, and decommissioning 3,233 3,036 2,854
Allowance for equity funds used during construction (79) (129) (89)
Deferred income taxes and tax credits, net (2,952) (2,548) 1,103
Reorganization items, net 97 0 0
Disallowed capital expenditures 581 (45) 47
Other 167 258 283
Effect of changes in operating assets and liabilities:      
Accounts receivable (132) (122) 66
Wildfire-related insurance receivable 35 (1,698) (21)
Inventories (80) (73) (18)
Accounts payable 579 421 173
Wildfire-related claims (114) 13,665 (129)
Income taxes receivable/payable 5 (5) 159
Other current assets and liabilities 101 (301) 59
Regulatory assets, liabilities, and balancing accounts, net (1,417) (800) (390)
Liabilities subject to compromise 12,194 0 0
Other noncurrent assets and liabilities 214 (137) 128
Net cash provided by operating activities 4,810 4,704 5,916
Cash Flows from Investing Activities      
Capital expenditures (6,313) (6,514) (5,641)
Proceeds from sales and maturities of nuclear decommissioning trust investments 956 1,412 1,291
Purchases of nuclear decommissioning trust investments (1,032) (1,485) (1,323)
Other 11 23 23
Net cash used in investing activities (6,378) (6,564) (5,650)
Cash Flows from Financing Activities      
Proceeds from debtor-in-possession credit facility 1,850 0 0
Repayments of debtor-in-possession credit facility (350) 0 0
Debtor-in-possession credit facility debt issuance costs (97) 0 0
Borrowings under revolving credit facilities 0 3,535 0
Repayments under revolving credit facilities 0 (650) 0
Net repayments of commercial paper, net of discount 0 (50) (972)
Short-term debt financing 0 250 750
Short-term debt matured 0 (750) (500)
Proceeds from issuance of long-term debt, net of premium, discount and issuance costs 0 793 2,713
Long-term debt matured or repurchased 0 (445) (1,445)
Preferred stock dividends paid 0 0 (14)
Common stock dividends paid 0 0 (784)
Equity contribution from PG&E Corporation 0 45 455
Other (8) (20) (93)
Net cash provided by (used in) financing activities 1,395 2,708 110
Net change in cash, cash equivalents, and restricted cash (173) 848 376
Cash, cash equivalents, and restricted cash at January 1 1,302 454 78
Cash, cash equivalents, and restricted cash at December 31 1,129 1,302 454
Less: Restricted cash and restricted cash equivalents (7) (7) (7)
Cash and cash equivalents 1,122 1,295 447
Cash received (paid) for:      
Interest, net of amounts capitalized (7) (773) (781)
Income taxes, net 0 (59) 162
Supplemental disclosures of noncash investing and financing activities      
Capital expenditures financed through accounts payable 826 368 501
Operating lease liabilities arising from obtaining ROU assets $ 2,807 $ 0 $ 0