PG&E 2011 Annual Report Download - page 55
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PG&E Corporation
CONSOLIDATED BALANCE SHEETS
(in millions)
Balance at
December 31,
2011 2010
ASSETS
Current Assets
Cash and cash equivalents ................................................. $ 513 $ 291
Restricted cash ($51 and $38 related to energy recovery bonds at December 31, 2011 and
2010, respectively) ..................................................... 380 563
Accounts receivable
Customers (net of allowance for doubtful accounts of $81 at December 31, 2011 and 2010) 992 944
Accrued unbilled revenue ................................................ 763 649
Regulatory balancing accounts ............................................ 1,082 1,105
Other .............................................................. 839 794
Regulatory assets ($336 and $0 related to energy recovery bonds at December 31, 2011 and
2010, respectively) ..................................................... 1,090 599
Inventories
Gas stored underground and fuel oil ........................................ 159 152
Materials and supplies .................................................. 261 205
Income taxes receivable ................................................... 183 47
Other ................................................................ 218 193
Total current assets .................................................... 6,480 5,542
Property, Plant, and Equipment
Electric .............................................................. 35,851 33,508
Gas ................................................................. 11,931 11,382
Construction work in progress .............................................. 1,770 1,384
Other ................................................................ 15 15
Total property, plant, and equipment ....................................... 49,567 46,289
Accumulated depreciation ................................................. (15,912) (14,840)
Net property, plant, and equipment ......................................... 33,655 31,449
Other Noncurrent Assets
Regulatory assets ($0 and $735 related to energy recovery bonds at December 31, 2011 and
2010, respectively) ..................................................... 6,506 5,846
Nuclear decommissioning trusts ............................................. 2,041 2,009
Income taxes receivable ................................................... 386 565
Other ................................................................ 682 614
Total other noncurrent assets ............................................. 9,615 9,034
TOTAL ASSETS ......................................................... $ 49,750 $ 46,025
See accompanying Notes to the Consolidated Financial Statements.
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