PG&E CORP PCG Income Statement

Pg&e corp (PCG)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08
Operating Revenues
Total operating revenues
4,306	4,743	4,432	3,943	4,011	4,088	4,381	4,234	4,056	4,100	4,517	4,250	4,268	4,713	4,810	4,169	3,974	4,167	4,550	4,217	3,899	4,308	4,939	3,952	3,891	3,975	4,175	3,776	3,672	3,830	3,976	3,593	3,641	3,815	3,860	3,684	3,597	3,621	3,513	3,232	3,475	3,539	3,235	3,194	3,431	3,674
Operating Expenses
Operating and maintenance
1,967	2,490	2,206	1,942	2,087	2,152	1,611	1,786	1,604	1,875	1,324	1,605	1,517	1,695	1,783	1,838	2,010	1,923	1,621	1,484	1,923	1,724	1,287	1,328	1,299	1,596	1,585	1,256	1,338	1,914	1,344	1,426	1,368	1,511	1,492	1,237	1,226	1,264	1,225	959	991	1,202	1,047	1,038	1,059	-983
Wildfire-related claims, net of insurance recoveries
-	-	2,548	3,900	-	9,663	-10	2,125	-7	-	53	46	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, amortization, and decommissioning
855	801	840	796	797	779	759	746	752	720	710	712	712	665	694	699	697	677	653	651	631	667	671	557	538	535	523	516	503	465	617	606	584	567	566	591	491	485	501	468	451	454	450	429	419	-419
Total operating expenses
3,651	9,086	6,732	7,583	3,822	13,618	3,685	5,699	3,457	3,683	3,631	3,515	3,401	3,769	4,170	3,768	3,879	3,962	4,005	3,530	3,828	3,925	3,874	3,434	3,407	3,642	3,884	3,140	3,170	3,705	3,362	3,126	3,154	3,457	3,452	2,992	3,113	3,129	3,010	2,537	2,857	3,016	2,628	2,538	2,918	3,035
Operating Income
655	-4,343	-2,300	-3,640	189	-9,530	696	-1,465	599	417	886	735	867	944	640	401	95	205	545	687	71	383	1,065	518	484	333	291	636	502	125	614	467	487	358	408	692	484	492	503	695	618	523	607	656	513	639
Interest income
16	20	18	22	22	41	14	12	9	9	9	8	5	6	8	5	4	3	2	3	1	2	2	2	3	3	2	2	2	1	2	3	1	0	2	3	2	2	3	2	2	6	1	17	9	23
Interest expense
254	719	52	60	103	251	232	226	220	225	220	225	218	208	211	207	203	198	194	192	189	187	174	188	185	183	179	177	176	175	178	176	174	173	176	174	177	174	167	175	168	172	174	178	181	178
Other income, net
97	51	62	66	71	106	104	106	108	25	38	26	34	114	24	23	27	17	24	18	58	-28	36	43	19	-38	26	24	28	-14	26	32	26	-7	18	21	17	2	29	2	-6	4	23	22	18	-14
Reorganization items, net
176	90	73	56	127	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income Taxes
338	-5,081	-2,345	-3,668	52	-9,634	582	-1,573	496	226	713	544	688	856	461	222	-77	27	377	516	-59	170	929	375	321	115	140	485	356	-63	464	326	340	178	252	542	326	322	368	524	446	361	457	517	359	470
Income tax benefit
-36	-1,468	-729	-1,119	-84	-2,765	15	-593	51	108	160	134	109	160	70	12	-187	-111	67	110	-93	35	115	104	91	25	-24	153	114	-54	100	87	104	91	49	176	124	68	107	187	185	84	136	125	115	163
Net Income
374	-3,613	-1,616	-2,549	136	-6,869	567	-980	445	118	553	410	579	696	391	210	110	138	310	406	34	135	814	271	230	90	164	332	242	-9	364	239	236	87	203	366	202	254	261	337	261	277	321	392	244	307
Preferred stock dividend requirement of subsidiary
3	7	3	4	0	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	4	3	3
Income Available for Common Shareholders
371	-3,620	-1,619	-2,553	136	-6,873	564	-984	442	114	550	406	576	692	388	206	107	134	307	402	31	131	811	267	227	86	161	328	239	-13	361	235	233	-	200	362	199	250	258	333	258	273	318	388	241	304
Weighted Average Common Shares Outstanding, Basic (in shares)
529	528	529	529	526	520	517	516	515	516	513	511	508	505	501	497	493	493	486	480	477	474	472	467	459	454	446	442	434	431	428	423	414	406	403	399	396	394	390	373	371	370	370	368	364	357
Weighted Average Common Shares Outstanding, Diluted (in shares)
648	527	529	529	527	519	517	516	516	512	516	513	511	508	503	498	495	495	489	483	481	477	474	469	460	455	447	443	435	430	429	425	416	407	404	400	397	397	392	390	389	421	388	369	366	358
Net Income Per Common Share, Basic (in dollars per share)
0.70	-6.86	-3.06	-4.83	0.25	-13.29	1.09	-1.91	0.86	0.22	1.07	0.79	1.13	1.39	0.77	0.41	0.22	0.28	0.63	0.84	0.06	0.29	1.72	0.57	0.49	0.18	0.36	0.74	0.55	-0.04	0.84	0.56	0.56	0.19	0.50	0.91	0.50	0.63	0.66	0.88	0.69	0.73	0.84	1.03	0.65	0.83
Net Income Per Common Share, Diluted (in dollars per share)
0.57	-6.86	-3.06	-4.83	0.25	-13.29	1.09	-1.91	0.86	0.22	1.07	0.79	1.13	1.38	0.77	0.41	0.22	0.27	0.63	0.83	0.06	0.29	1.71	0.57	0.49	0.18	0.36	0.74	0.55	-0.03	0.84	0.55	0.56	0.19	0.50	0.91	0.50	0.63	0.66	0.86	0.67	0.70	0.83	1.02	0.65	0.83
Dividends Declared Per Common Share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	0.53	0.49	-	0.49	0.49	0.46	-	0.46	0.46	0.46	-	0.46	0.46	0.46	-	0.46	0.46	0.46	-	0.46	0.46	0.46	-	0.46	0.46	0.46	0.44	0.46	0.46	0.46	0.42	0.42	0.42	0.42	0.39
Electric
Total operating revenues
3,040	3,448	3,554	2,946	2,792	2,984	3,466	3,312	2,951	3,088	3,648	3,323	3,065	3,274	3,994	3,465	3,131	3,313	3,868	3,463	3,013	3,412	4,012	3,233	3,001	3,119	3,517	3,059	2,799	2,993	3,323	2,931	2,772	2,912	3,188	2,889	2,617	2,763	2,857	2,515	2,510	2,647	2,630	2,554	2,426	2,880
Cost of goods
545	589	1,070	837	599	790	1,256	963	819	873	1,466	1,123	847	1,046	1,613	1,156	950	1,141	1,681	1,277	1,000	1,274	1,782	1,349	1,210	1,199	1,645	1,189	983	1,058	1,283	962	859	998	1,224	906	888	1,013	1,102	863	920	948	997	883	883	-1,282
Natural gas
Total operating revenues
1,266	1,295	878	997	1,219	1,104	915	922	1,105	1,012	869	927	1,203	1,439	816	704	843	854	682	754	886	896	927	719	890	856	658	717	873	837	653	662	869	903	672	795	980	858	656	717	965	892	605	640	1,005	794
Cost of goods
284	219	68	108	339	234	69	79	289	222	78	121	325	238	80	75	222	221	50	118	274	260	134	200	360	312	131	179	346	268	118	132	343	381	170	258	508	367	182	247	495	412	134	188	557	-351
Pacific Gas & Electric Co
Total operating revenues
4,306	4,743	4,432	3,943	4,011	4,088	4,382	4,234	4,056	4,101	4,516	4,250	4,271	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Electric
-	-	-	-	-	-	-	-	-	-	-	-	3,067	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas
-	-	-	-	-	-	-	-	-	-	-	-	1,204	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating and maintenance
1,965	2,498	2,208	1,940	2,104	2,152	1,611	1,786	1,604	1,872	1,389	1,604	1,518	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of electricity
-	-	-	-	-	-	-	-	-	-	-	-	847	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of natural gas
-	-	-	-	-	-	-	-	-	-	-	-	325	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wildfire-related claims, net of insurance recoveries
-	-	2,548	3,900	-	9,663	-10	2,125	-7	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, amortization, and decommissioning
855	800	840	796	797	779	759	746	752	720	710	712	712	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
3,649	9,093	6,734	7,581	3,839	13,618	3,685	5,699	3,457	3,680	3,696	3,514	3,402	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
657	-4,350	-2,302	-3,638	172	-9,530	697	-1,465	599	421	820	736	869	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
16	21	18	22	21	40	14	11	9	8	10	7	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
252	699	52	60	101	246	229	222	217	222	217	222	216	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
93	52	57	64	66	106	103	108	109	26	38	24	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reorganization items, net
93	83	69	57	111	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income Taxes
421	-5,059	-2,348	-3,669	47	-9,630	585	-1,568	500	233	651	545	689	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax benefit
-30	-1,464	-738	-1,119	-86	-2,765	14	-592	48	33	138	136	120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income
451	-3,595	-1,610	-2,550	133	-6,865	571	-976	452	200	513	409	569	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividend requirement of subsidiary
3	7	3	4	0	4	3	4	3	4	3	4	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Available for Common Shareholders
448	-3,602	-1,613	-2,554	133	-6,869	568	-980	449	196	510	405	566	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-