PORTLAND GENERAL ELECTRIC CO /OR/
For the period ended Sep 30, 2025. Filed Oct 31, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 31, 2025
POR$45.98+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(Dollars in millions)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $137 | $12 |
| Accounts receivable, net | 455 | 456 |
| Inventories | 124 | 114 |
| Regulatory assets—current | 207 | 205 |
| Other current assets | 136 | 238 |
| Total current assets | 1,059 | 1,025 |
| Electric utility plant, net | 10,804 | 10,345 |
| Regulatory assets—noncurrent | 599 | 632 |
| Nuclear decommissioning trust | 44 | 30 |
| Non-qualified benefit plan trust | 36 | 34 |
| Other noncurrent assets | 472 | 478 |
| Total assets | $13,014 | $12,544 |
| See accompanying notes to condensed consolidated financial statements. | ||
CONDENSED CONSOLIDATED BALANCE SHEETS, continued
(Dollars in millions)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $276 | $365 |
| Liabilities from price risk management activities—current | 133 | 147 |
| Current portion of long-term debt | 68 | 170 |
| Current portion of finance lease obligation | 27 | 27 |
| Accrued expenses and other current liabilities | 481 | 410 |
| Total current liabilities | 985 | 1,119 |
| Long-term debt, net of current portion | 4,662 | 4,354 |
| Regulatory liabilities—noncurrent | 1,491 | 1,440 |
| Deferred income taxes | 572 | 564 |
| Deferred investment tax credits | 195 | 61 |
| Unfunded status of pension and postretirement plans | 128 | 140 |
| Liabilities from price risk management activities—noncurrent | 43 | 72 |
| Asset retirement obligations | 293 | 292 |
| Non-qualified benefit plan liabilities | 70 | 74 |
| Finance lease obligations, net of current portion | 266 | 276 |
| Other noncurrent liabilities | 359 | 358 |
| Total liabilities | 9,064 | 8,750 |
| Commitments and contingencies (see notes) | ||
| Shareholders’ Equity: | ||
| Preferred stock, no par value, 30,000,000 shares authorized; none issued and outstanding as of September 30, 2025 and December 31, 2024 | — | — |
| Common stock, no par value, 160,000,000 shares authorized; 110,724,414 and 109,342,251 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 2,179 | 2,118 |
| Accumulated other comprehensive loss | (3) | (4) |
| Retained earnings | 1,774 | 1,680 |
| Total shareholders’ equity | 3,950 | 3,794 |
| Total liabilities and shareholders’ equity | $13,014 | $12,544 |
| See accompanying notes to condensed consolidated financial statements. | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.