PG&E 2014 Annual Report Download - page 84

Download and view the complete annual report

Please find page 84 of the 2014 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 164

  • 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
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

76
PacicGasandElectricCompany
CONSOLIDATED BALANCE SHEETS
(in millions, except share amounts)
Balance at December 31,
2014 2013
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Short-term borrowings $633 $914
Long-term debt, classied as current - 539
Accounts payable
Trade creditors 1,243 1,293
Regulatory balancing accounts 1,090 1,008
Other 444 432
Disputed claims and customer refunds 434 154
Interest payable 195 887
Other 1,604 1,382
Total current liabilities 5,643 6,609
Noncurrent Liabilities
Long-term debt 14,700 12,717
Regulatory liabilities 6,290 5,660
Pension and other postretirement benets 2,477 1,530
Asset retirement obligations 3,575 3,539
Deferred income taxes 8,773 8,042
Other 2,178 2,111
Total noncurrent liabilities 37,993 33,599
Commitments and Contingencies (Note 14)
Shareholders’ Equity
Preferred stock 258 258
Common stock, $5 par value, authorized 800,000,000 shares, 264,374,809
shares outstanding at December 31, 2014 and 2013 1,322 1,322
Additional paid-in capital 6,514 5,821
Reinvested earnings 8,130 7,427
Accumulated other comprehensive income 5 13
Total shareholders’ equity 16,229 14,841
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 59,865 $ 55,049
See accompanying Notes to the Consolidated Financial Statements.