XML 91 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 513,000,000 $ 291,000,000
Restricted cash ($51 and $38 related to energy recovery bonds at December 31, 2011 and 2010, respectively) 380,000,000 563,000,000
Accounts receivable    
Customers (net of allowance for doubtful accounts of $81 at December 31, 2011 and 2010) 992,000,000 944,000,000
Accrued unbilled revenue 763,000,000 649,000,000
Regulatory balancing accounts 1,082,000,000 1,105,000,000
Other 839,000,000 794,000,000
Regulatory assets ($336 and $0 related to energy recovery bonds at December 31, 2011 and 2010, respectively) 1,090,000,000 599,000,000
Inventories    
Gas stored underground and fuel oil 159,000,000 152,000,000
Materials and supplies 261,000,000 205,000,000
Income taxes receivable 183,000,000 47,000,000
Other 218,000,000 193,000,000
Total current assets 6,480,000,000 5,542,000,000
Property, Plant, and Equipment    
Electric 35,851,000,000 33,508,000,000
Gas 11,931,000,000 11,382,000,000
Construction work in progress 1,770,000,000 1,384,000,000
Other 15,000,000 15,000,000
Total property, plant, and equipment 49,567,000,000 46,289,000,000
Accumulated depreciation (15,912,000,000) (14,840,000,000)
Net property, plant, and equipment 33,655,000,000 31,449,000,000
Other Noncurrent Assets    
Regulatory assets ($0 and $735 related to energy recovery bonds at December 31, 2011 and 2010, respectively) 6,506,000,000 5,846,000,000
Nuclear decommissioning trusts 2,041,000,000 2,009,000,000
Income taxes receivable 386,000,000 565,000,000
Other 682,000,000 614,000,000
Total other noncurrent assets 9,615,000,000 9,034,000,000
TOTAL ASSETS 49,750,000,000 46,025,000,000
Current Liabilities    
Short-term borrowings 1,647,000,000 853,000,000
Long-term debt, classified as current 50,000,000 809,000,000
Energy recovery bonds, classified as current 423,000,000 404,000,000
Accounts payable    
Trade creditors 1,177,000,000 1,129,000,000
Disputed claims and customer refunds 673,000,000 745,000,000
Regulatory balancing accounts 374,000,000 256,000,000
Other 420,000,000 379,000,000
Interest payable 843,000,000 862,000,000
Income taxes payable 110,000,000 77,000,000
Deferred income taxes 196,000,000 113,000,000
Other 1,836,000,000 1,558,000,000
Total current liabilities 7,749,000,000 7,185,000,000
Noncurrent Liabilities    
Long-term debt 11,766,000,000 10,906,000,000
Energy recovery bonds   423,000,000
Regulatory liabilities 4,733,000,000 4,525,000,000
Pension and other postretirement benefits 3,396,000,000 2,234,000,000
Asset retirement obligations 1,609,000,000 1,586,000,000
Deferred income taxes 6,008,000,000 5,547,000,000
Other 2,136,000,000 2,085,000,000
Total noncurrent liabilities 29,648,000,000 27,306,000,000
Commitments and Contingencies (Note 15)      
Shareholders' Equity    
Preferred stock      
Common stock 7,602,000,000 6,878,000,000
Reinvested earnings 4,712,000,000 4,606,000,000
Accumulated other comprehensive loss (213,000,000) (202,000,000)
Total shareholders' equity 12,101,000,000 11,282,000,000
Noncontrolling Interest - Preferred Stock of Subsidiary 252,000,000 252,000,000
Total equity 12,353,000,000 11,534,000,000
TOTAL LIABILITIES AND EQUITY 49,750,000,000 46,025,000,000
Pacific Gas And Electric Company [Member]
   
Current Assets    
Cash and cash equivalents 304,000,000 51,000,000
Restricted cash ($51 and $38 related to energy recovery bonds at December 31, 2011 and 2010, respectively) 380,000,000 563,000,000
Accounts receivable    
Customers (net of allowance for doubtful accounts of $81 at December 31, 2011 and 2010) 992,000,000 944,000,000
Accrued unbilled revenue 763,000,000 649,000,000
Regulatory balancing accounts 1,082,000,000 1,105,000,000
Other 840,000,000 856,000,000
Regulatory assets ($336 and $0 related to energy recovery bonds at December 31, 2011 and 2010, respectively) 1,090,000,000 599,000,000
Inventories    
Gas stored underground and fuel oil 159,000,000 152,000,000
Materials and supplies 261,000,000 205,000,000
Income taxes receivable 242,000,000 48,000,000
Other 213,000,000 190,000,000
Total current assets 6,326,000,000 5,362,000,000
Property, Plant, and Equipment    
Electric 35,851,000,000 33,508,000,000
Gas 11,931,000,000 11,382,000,000
Construction work in progress 1,770,000,000 1,384,000,000
Total property, plant, and equipment 49,552,000,000 46,274,000,000
Accumulated depreciation (15,898,000,000) (14,826,000,000)
Net property, plant, and equipment 33,654,000,000 31,448,000,000
Other Noncurrent Assets    
Regulatory assets ($0 and $735 related to energy recovery bonds at December 31, 2011 and 2010, respectively) 6,506,000,000 5,846,000,000
Nuclear decommissioning trusts 2,041,000,000 2,009,000,000
Income taxes receivable 384,000,000 614,000,000
Other 331,000,000 400,000,000
Total other noncurrent assets 9,262,000,000 8,869,000,000
TOTAL ASSETS 49,242,000,000 45,679,000,000
Current Liabilities    
Short-term borrowings 1,647,000,000 853,000,000
Long-term debt, classified as current 50,000,000 809,000,000
Energy recovery bonds, classified as current 423,000,000 404,000,000
Accounts payable    
Trade creditors 1,177,000,000 1,129,000,000
Disputed claims and customer refunds 673,000,000 745,000,000
Regulatory balancing accounts 374,000,000 256,000,000
Other 417,000,000 390,000,000
Interest payable 838,000,000 857,000,000
Income taxes payable 118,000,000 116,000,000
Deferred income taxes 199,000,000 118,000,000
Other 1,628,000,000 1,349,000,000
Total current liabilities 7,544,000,000 7,026,000,000
Noncurrent Liabilities    
Long-term debt 11,417,000,000 10,557,000,000
Energy recovery bonds   423,000,000
Regulatory liabilities 4,733,000,000 4,525,000,000
Pension and other postretirement benefits 3,325,000,000 2,174,000,000
Asset retirement obligations 1,609,000,000 1,586,000,000
Deferred income taxes 6,160,000,000 5,659,000,000
Other 2,070,000,000 2,008,000,000
Total noncurrent liabilities 29,314,000,000 26,932,000,000
Commitments and Contingencies (Note 15)      
Shareholders' Equity    
Preferred stock 258,000,000 258,000,000
Common stock 1,322,000,000 1,322,000,000
Additional paid-in capital 3,796,000,000 3,241,000,000
Reinvested earnings 7,210,000,000 7,095,000,000
Accumulated other comprehensive loss (202,000,000) (195,000,000)
Total shareholders' equity 12,384,000,000 11,721,000,000
TOTAL LIABILITIES AND EQUITY $ 49,242,000,000 $ 45,679,000,000