PG&E 2008 Annual Report Download - page 86

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84
Balance at December 31,
(in millions) 2008 2007
ASSETS
Current Assets
Cash and cash equivalents $ 219 $ 345
Restricted
cash 1,290 1,297
Accounts receivable:
Customers (net of allowance for doubtful accounts of $76 million in 2008 and $58 million in 2007) 1,751 1,599
Accrued
unbilled revenue 685 750
Regulatory balancing
accounts 1,197 771
Inventories:
Gas stored underground and fuel oil 232 205
Materials and supplies 191 166
Income taxes receivable 120 61
Prepaid expenses and other 718 255
Total current assets 6,403 5,449
Property, Plant, and Equipment
Electric 27,638 25,599
Gas
10,155 9,620
Construction work in progress 2,023 1,348
Other 17 17
Total property, plant, and equipment 39,833 36,584
Accumulated
depreciation (13,572) (12,928)
Net property, plant, and equipment 26,261 23,656
Other Noncurrent Assets
Regulatory assets 5,996 4,459
Nuclear decommissioning funds 1,718 1,979
Other 482 1,089
Total other noncurrent assets 8,196 7,527
TOTAL ASSETS $ 40,860 $ 36,632
CONSOLIDATED BALANCE SHEETS
PG&E Corporation
See accompanying Notes to the Consolidated Financial Statements.