PG&E Corp

For the period ended Dec 31, 2023. Filed Feb 22, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 22, 2024

PCG$13.23+0.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

CONSOLIDATED STATEMENTS OF INCOME

(in millions, except per share amounts)

	Year ended December 31,
	2023	2022	2021
Operating Revenues
Electric	$17,424	$15,060	$15,131
Natural gas	7,004	6,620	5,511
Total operating revenues	24,428	21,680	20,642
Operating Expenses
Cost of electricity	2,443	2,756	3,232
Cost of natural gas	1,754	2,100	1,149
Operating and maintenance	11,924	9,809	10,200
SB 901 securitization charges, net	1,267	608	—
Wildfire-related claims, net of recoveries	64	237	258
Wildfire Fund expense	567	477	517
Depreciation, amortization, and decommissioning	3,738	3,856	3,403
Total operating expenses	21,757	19,843	18,759
Operating Income	2,671	1,837	1,883
Interest income	606	162	20
Interest expense	(2,850)	(1,917)	(1,601)
Other income, net	272	394	457
Reorganization items, net	—	—	(11)
Income Before Income Taxes	699	476	748
Income tax provision (benefit)	(1,557)	(1,338)	836
Net Income (Loss)	2,256	1,814	(88)
Preferred stock dividend requirement of subsidiary	14	14	14
Income (Loss) Attributable to Common Shareholders	$2,242	$1,800	$(102)
Weighted Average Common Shares Outstanding, Basic	2,064	1,987	1,985
Weighted Average Common Shares Outstanding, Diluted	2,138	2,132	1,985
Net Income (Loss) Per Common Share, Basic	$1.09	$0.91	$(0.05)
Net Income (Loss) Per Common Share, Diluted	$1.05	$0.84	$(0.05)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.