PG&E 2009 Annual Report Download - page 59

Download and view the complete annual report

Please find page 59 of the 2009 PG&E annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 124

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124

CONSOLIDATED BALANCE SHEETS
Pacific Gas and Electric Company
Balance at December 31,
(in millions) 2009 2008
ASSETS
Current Assets
Cash and cash equivalents $ 334 $52
Restricted cash 633 1,290
Accounts receivable:
Customers (net of allowance for doubtful accounts of $68 million in 2009 and $76 million in 2008) 1,609 1,751
Accrued unbilled revenue 671 685
Related parties 12
Regulatory balancing accounts 1,109 1,197
Inventories:
Gas stored underground and fuel oil 114 232
Materials and supplies 200 191
Income taxes receivable 138 25
Prepaid expenses and other 662 705
Total current assets 5,471 6,130
Property, Plant, and Equipment
Electric 30,481 27,638
Gas 10,697 10,155
Construction work in progress 1,888 2,023
Total property, plant, and equipment 43,066 39,816
Accumulated depreciation (14,175) (13,557)
Net property, plant, and equipment 28,891 26,259
Other Noncurrent Assets
Regulatory assets 5,522 5,996
Nuclear decommissioning funds 1,899 1,718
Related parties receivable 25 27
Income taxes receivable 610 —
Other 291 407
Total other noncurrent assets 8,347 8,148
TOTAL ASSETS $ 42,709 $ 40,537
See accompanying Notes to the Consolidated Financial Statements.
55