PG&E Corp
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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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.
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CONSOLIDATED STATEMENTS OF INCOME
| 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 | 11,913 | 9,725 | 10,194 |
| 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 | 21,746 | 19,759 | 18,753 |
| Operating Income | 2,682 | 1,921 | 1,889 |
| Interest income | 593 | 162 | 22 |
| Interest expense | (2,485) | (1,658) | (1,373) |
| Other income, net | 293 | 595 | 512 |
| Reorganization items, net | — | — | (12) |
| Income Before Income Taxes | 1,083 | 1,020 | 1,038 |
| Income tax provision (benefit) | (1,461) | (1,206) | 900 |
| Net Income | 2,544 | 2,226 | 138 |
| Preferred stock dividend requirement | 14 | 14 | 14 |
| Income Attributable to Common Stock | $2,530 | $2,212 | $124 |
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