PG&E Corp (PCG-PE)
PG&E Corp (PCG-PE)
| Cash Flow | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|---|
| Net income | 761 | 885 | 670 | 850 |
| Depreciation, amortization, and decommissioning | 1,062 | 1,166 | 1,332 | 1,132 |
| Bad debt expense | 30 | 89 | 71 | 90 |
| Allowance for equity funds used during construction | 46 | 55 | 55 | 67 |
| Deferred income taxes and tax credits, net | 291 | 294 | 358 | 228 |
| Wildfire fund expense | 126 | 102 | 81 | 86 |
| Other | 102 | -60 | 9 | -55 |
| Accounts receivable | 485 | -129 | -393 | -108 |
| Wildfire-related insurance receivable | -100 | -20 | 61 | -27 |
| Inventories | 24 | 11 | 57 | -23 |
| Accounts payable | -77 | -4 | 151 | -163 |
| Wildfire-related claims | -71 | -144 | 32 | -295 |
| Other current assets and liabilities | 541 | 264 | -186 | -453 |
| Regulatory assets, liabilities, and balancing accounts, net | 137 | 74 | 1,151 | -574 |
| Contributions to wildfire fund | - | - | 193 | - |
| Other noncurrent assets and liabilities | 185 | -357 | -194 | 140 |
| Net cash provided by operating activities | 906 | 2,430 | 1,960 | 2,851 |
| Capital expenditures | 2,967 | 3,356 | 3,156 | 2,931 |
| Proceeds from sales and maturities of nuclear decommissioning trust investments | 764 | 400 | 587 | 586 |
| Purchases of nuclear decommissioning trust investments | 768 | 434 | 572 | 612 |
| Proceeds from sales and maturities of customer credit trust investments | 167 | 116 | 125 | 114 |
| Purchases of customer credit investments | 25 | 0 | 13 | 36 |
| Proceeds from sales and maturities of self-insurance investments | 303 | 324 | 512 | 483 |
| Purchases of self-insurance investments | 337 | 357 | 556 | 591 |
| Other | -6 | -5 | -7 | -5 |
| Net cash used in investing activities | -2,857 | -3,302 | -3,066 | -2,982 |
| Borrowings under credit facilities | 3,028 | 1,760 | 1,710 | 2,565 |
| Repayments under credit facilities | 2,468 | 2,760 | 135 | 1,005 |
| Borrowings under term loan | - | - | 75 | 500 |
| Repayments under term loan | 860 | - | -1,000 | 1,000 |
| Short-term debt financing, net of issuance costs of 0, 1, and 0 at respective dates | - | - | 0 | 0 |
| Short-term debt matured | - | - | 1,000 | - |
| Proceeds from issuance of long-term debt, net of premium, discount and issuance costs of 27 and 13 at respective dates | - | - | - | 3,987 |
| Proceeds from issuance of long-term debt, net of premium, discount and issuance costs of 33 and 27 at respective dates | 2,180 | 3,187 | 3,227 | - |
| Repayments of long-term debt | 0 | 600 | 1,951 | 875 |
| Proceeds from issuance of ab 1054 recovery bonds, net of financing fees of 0, 10 and 0 at respective dates | - | - | 0 | 0 |
| Repayments of recovery bonds-AB1054Wildfire Fund | 15 | 25 | 16 | 24 |
| Repayments of recovery bonds-SB901Securitization | 69 | - | 68 | 0 |
| Common stock dividends paid | - | - | - | 56 |
| Mandatory convertible preferred stock dividends paid | - | - | - | -24 |
| Proceeds from dwr loan | - | - | 0 | 0 |
| Proceeds from issuance of convertible notes, net of discount and issuance costs of 0, 0, and 27 at respective dates | - | - | 0 | - |
| Common stock issued | - | - | 0 | - |
| Mandatory convertible preferred stock issued-Series APreferred Stock | - | - | 0 | - |
| Common stock dividends paid-Common Stock | 110 | 110 | 220 | - |
| Mandatory convertible preferred stock dividends paid | 24 | 24 | 97 | - |
| Other | 20 | -38 | -219 | 107 |
| Net cash provided by financing activities | 1,682 | 1,390 | 1,306 | 188 |
| Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents | -269 | 518 | 200 | 57 |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents at january 1 | -518 | 972 | 441 | 498 |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents at june 30 | -269 | 1,490 | 200 | 57 |
| Less restricted cash and restricted cash equivalents | -110 | 359 | -109 | 147 |
| Cash and cash equivalents at june 30 | -159 | 1,131 | 309 | -90 |