PG&E : 2023 FERC Form 2 (Gas)

2023

ANNUAL REPORT

of

Pacific Gas and Electric Company

300 Lakeside Drive

Oakland, CA 94612

to the

Public Utilities Commission

of the

State of California

For the Year Ended December 31, 2023

Volume No. 2 (Form 2)

FERC FORM NO. 2:

ANNUAL REPORT OF MAJOR NATURAL GAS COMPANIES

IDENTIFICATION

01	Exact Legal Name of Respondent				02 Year of Report
	PACIFIC GAS AND ELECTRIC COMPANY		Dec. 31, 2023
03	Previous Name and Date of Change (If name changed during year)
04	Address of Principal Office at End of Year (Street, City, State, Zip Code)
	300 LAKESIDE DRIVE, OAKLAND, CA 94612
05	Name of Contact Person				06 Title of Contact Person
	Jennifer Garboden				Senior Director,
				Corporate Accounting
07	Address of Contact Person (Street, City, State, Zip Code)
	300 LAKESIDE DRIVE, OAKLAND, CA 94612
08	Telephone of Contact Person,	09 This Report is		10 Date of Report
	Including Area Code	(1) *An Original	X	(Mo, Da, Yr)
	(415)-973-5456	April X, 2024
	(2) A Resubmission
		ATTESTATION
	The undersigned officer certifies that he/she has examined the accompanying report; that to the best of his/her knowledge,
	information, and belief, all statements of fact contained in the accompanying report are true and the accompanying report
	is a correct statement of the business and affairs of the above named respondent in respect to each and every matter set
	forth therein during the period from and including January1 to and including December 31 of the year of the report.
01	Name		02 Title
	STEPHANIE WILLIAMS		Vice President, CFO, and Controller,
			Pacific Gas and Electric Company
03	Signature				04 Date Signed (Mo, Day,
					Yr)
	/s/ STEPHANIE WILLIAMS				April X, 2024
	Title 18, U.S.C. 1001, makes it a crime for any person knowingly and willingly to make to any Agency or
	Department of the United States any false, fictitious or fraudulent statements as to any matter within its jurisdiction.

FERC FORM NO. 2 (ED. 12-93)

Page 1

Name of Respondent		This Report is:		Date of Report		Year of Report
		(1) * An Original		(Mo, Da, Yr)
PACIFIC GAS AND ELECTRIC COMPANY		(2) A Resubmission				2023/Q4
LIST OF SCHEDULES (Natural Gas	Company)
Enter in column (d) the terms "none," "not applicable," or "NA,"	for certain pages. Omit pages where the response are "none,"
as appropriate, where no information or amounts have been reported	"not applicable,"	or "NA."
				Reference	Date
Title of Schedule			Page No.	Revised		Remarks
(a)			(b)		(c)		(d)
GENERAL CORPORATE INFORMATION AND FINANCIAL STATEMENTS
General Information........................................................................................…	101	Ed. 12-87		*
Control Over Respondent...............................................................................…	102	Ed. 12-87		*
Corporations Controlled by Respondent................…........................................…	103	Ed. 12-87		*
Security Holders and Voting Powers		107	Ed. 12-87		*
Important Changes During the Year		108	Ed. 12-87		*
Comparative Balance Sheet		110-113	Rev.12-93
Statement of Income for the Year		114-117	Rev.12-93
Statement of Retained Earnings for the Year		118-119	Ed. 12-88
Statement of Cash Flows		120-121	Rev.12-93
Notes to Financial Statements		122	Ed. 12-88		*
Statement of Accumulated Comprehensive Income and Hedging Activities	122(a)(b)	Ed. 12-88
BALANCE SHEET SUPPORTING SCHEDULES (Assets and Other Debits)
Summary of Utility Plant and Accumulated Provisions for Depreciation,
Amortization, and Depletion		200-201	Ed. 12-89
Gas Plant in Service		204-209	Ed. 12-89
Gas Property and Capacity Leased from Others		212	Ed. 12-88		NONE
Gas Property and Capacity Leased to Others	.	213	Ed. 12-88		NONE
Gas Plant Held for Future Use		214	Ed. 12-89		NONE
Constrution Work in Progress - Gas		216	Ed. 12-87
Non-Traditional Rate Treatment Afforded New Projects	217	Ed. 12-87		NA
General Description of Construction Overhead Procedure	218	Ed. 12-88		NA
Accumulated Provision for Depreciation of Gas Utility Plant	219	Ed. 12-87
Gas Stored		220	Ed. 12-87
Investments		222-223	Ed. 12-86
Investments in Subsidiary Companies		224-225	Ed. 12-89		*
Prepayments		230	Ed. 12-88
Extraordinary Property Losses		230	Ed. 12-88		NONE
Unrecovered Plant and Regulatory Study Costs		230	Ed. 12-88		NONE
Other Regulatory Assets		232	New 12-93		*
Miscellaneous Deferred Debits		233	Ed. 12-89		*
Accumulated Deferred Income Taxes		234-235	Ed. 12-89
BALANCE SHEET SUPPORTING SCHEDULES (Liabilities and Other Credits)
Capital Stock		250-251	Ed. 12-89		*
Capital Stock Subscribed, Capital Stock Liability for Conversion, Premium
on Capital Stock, and Installments Received on Capital Stock	252	Ed. 12-86		NA
Other Paid-in Capital		253	Ed. 12-86		*
Discount on Capital Stock		254	Ed. 12-86		*
Capital Stock Expense		254	Ed. 12-86		*
Securities Issued or Assumed and Securities Refunded or Retired
During the Year		255	Ed. 12-86
Long-Term Debt		256-257	Ed. 12-89
Unamortized Debt Expense, Premium and Discount on Long-Term Debt	258-259	Ed. 12-88

Page 2

Name of Respondent		This Report is:	Date of Report		Year of Report
PACIFIC GAS AND ELECTRIC COMPANY		(1) * An Original	(Mo, Da, Yr)
	(2) A Resubmission				2023/Q4
LIST OF	SCHEDULES (Natural Gas Company)	(Continued)
			Reference	Date
Title of Schedule		Page No.	Revised		Remarks
(a)		(b)		(c)		(d)
BALANCE SHEET SUPPORTING SCHEDULES (Liabilities and Other Credits)
(Continued)
Unamortized Loss and Gain on Reaquired Debt	260	Ed. 12-86
Reconciliation of Reported Net Income with Taxable Income for
Federal Income Taxes	261	Ed. 12-88		*
Taxes Accrued, Prepaid and Charged During Year	262-263	Ed. 12-88		*
Miscellaneous Current and Accrued Liabilities	268	Ed. 12-86
Other Deferred Credits	269	Ed. 12-88		*
Accumulated Deferred Income Taxes - Other Property	274-275	Ed. 12-89		*
Accumulated Deferred Income Taxes - Other	276-277	Ed. 12-93		*
Other Regulatory Liabilities	278	New 12-93		*
INCOME ACCOUNT SUPPORTING SCHEDULES
Gas Operating Revenues	300-301	Ed. 12-89
Revenues from Transportation of Gas of Others Through Gathering Facilities	302-303	Ed. 12-88		NONE
Revenues from Transportation of Gas of Others Through Transmission Facilities	304-305	Ed. 12-88
Revenues from Storage of Gas of Others	306-307	Ed. 12-89		NONE
Other Gas Revenues	308	Ed. 12-88
Discounted Rate Services and Negotiated Rate Services	313	Rev. 12-88
Gas Operation and Maintenance Expenses	317-325	Ed. 12-89		NA
Exchange and Imbalance Transactions	328	Rev. 12-88
Gas Used in Utility Operations…	331	Ed. 12-88		NA
Transmission and Compression of Gas by Others	332	Ed. 12-86
Other Gas Supply Expenses	334	Ed. 12-87		NONE
Miscellaneous General Expenses - Gas	335	Ed. 12-86
Depreciation, Depletion, and Amortization of Gas Plant	336-338	Ed. 12-88
Particulars Concerning Certain Income Deduction and Interest Charges					NA
Accounts	340	Ed. 12-86
COMMON SECTION
Regulatory Commission Expenses	350-351	Ed. 12-89		*
Employee Pensions and Benefits (Account 926)	352	Ed. 12-89
Distribution of Salaries and Wages	354-355	Ed. 12-88		*
Charges for Outside Professional and Other Consultative Services	357	Ed. 12-87
Transactions with Affiliated Companies	358	Ed. 12-87
GAS PLANT STATISTICAL DATA
Compressor Stations	508-509	Ed. 12-86
Gas Storage Projects	512-513	Ed. 12-91
Transmission Lines	514	Ed. 12-87
Transmission System Peak Deliveries	518	Ed. 12-88
Auxiliary Peaking Facilities	519	Ed. 12-86
Gas Account - Natural Gas	520	Ed. 12-91
System Map	522	Ed. 12-86
Footnote Reference........................................................................................…….	551	Ed. 12-86		NONE
Footnote Text........................................................................................…….	552	Ed. 12-86		NONE
Stockholder's Reports (check appropriate box)..........................................…
( X ) Four copies will be submitted.
SUPPLEMENTAL FINANCIAL DATA
Selected Financial Data.......................................................................…..…..	600-601
* Refer to the Annual Report of the Electric Department

Page 3

Name of Respondent	Date of Report	Year/Period of
		(Mo, Da, Yr)	Report
PACIFIC GAS AND ELECTRIC COMPANY		2023/Q4
	COMPARATIVE BALANCE SHEET
		Current Year	Prior Year
Line	ASSETS	End of Quarter/Yr	End Balance
No.	Balance	12/31
	(a)	(c)	(d)
1	UTILITY PLANT
2	Utility Plant (101 -106, 114)	118,349,672,899	110,969,024,721
3	Construction Work in Progress (107)	4,561,400,706	4,278,662,042
4	TOTAL Utility Plant (Lines 2 and 3)	122,911,073,605	115,247,686,763
5	(Less) Accum. Prov. for Depr. Amort. Depl. (108, 111, 115)	47,986,718,683	45,440,205,751
6	NET Utility Plant (Lines 4 less 5)	74,924,354,922	69,807,481,012
7	Nuclear Fuel in Process (120.1)	87,822,554	86,475,206
8	Nuclear Fuel Materials and Assembles-Stock (120.2)	-	-
9	Nuclear Fuel Assemblies in Reactor (120.3)	274,315,073	301,949,278
10	Spent Nuclear Fuel (120.4)	3,041,662,565	2,964,394,529
11	Nuclear Fuel Under Capital Leases (120.6)	-	-
12	(Less) Accum. Prov. For Amort. of Nuclear Fuel (120.5)	3,186,179,466	3,080,422,971
13	NET Nuclear Fuel (Lines 7-11 less 12)	217,620,726	272,396,042
14	NET Utility Plant (Lines 6 and 13)	75,141,975,648	70,079,877,054
15	Utility Plant Adjustments (116)
16	Gas Stored Underground - Noncurrent (117)	119,592,211	119,592,211
17	OTHER PROPERTY AND INVESTMENTS
18	Nonutility Property (121)	30,712,839	29,571,217
19	(Less) Accum. Prov. for Depr. and Amort. (122)	-	-
20	Investments in Associated Companies (123)	7,532,296,159	3,245,150,000
21	Investment in Subsidiary Companies (123.1)	1,466,991,656	1,021,724,910
22	(For cost of Account 123.1, See Footnote Page 224, Line 42)	-	-
23	Noncurrent Portion of Allowances	112,160,009	646,415,350
24	Other Investments (124)	-	-
25	Sinking Funds (125)	-	-
26	Depreciation Fund (126)	-	-
27	Amortization Fund-Federal (127)	-	-
28	Other Special Funds (128)	3,807,379,609	4,081,176,046
29	Special Funds-Nonmajor Only (129)	1,122,035,759	997,257,827
30	Long-Term Portion of Derivatives Assets (175)	280,435,882	305,301,298
31	Long-Term Portion of Derivative Assets - Hedges (176)	-	-
32	TOTAL Other Property and Investments (Lines 18-21 and 23-31)	14,352,011,913	10,326,596,648
33	CURRENT AND ACCRUED ASSETS
34	Cash and Working Funds (Nonmajor Only) (130)
35	Cash (131)	96,651,930	72,198,551
36	Special Deposits (132-134)	4,841,799	11,780,009
37	Working Funds (135)	-	-
38	Temporary Cash Investments (136)	10,200,000	533,122,157
39	Notes Receivable (141)	-	-
40	Customer Accounts Receivable (142)	453,949,911	287,627,561
41	Other Accounts Receivable (143)	2,410,603,947	2,192,892,372
42	(Less) Accum. Prov. for Uncollectible Acct.-Credit (144)	34,875,910	18,324,417
43	Notes Receivable from Associated Companies (145)	256,680,491	1,526,615,253
44	Accounts Receivable from Associated Companies (146)	33,000,714	43,966,385
45	Fuel Stock (151)	1,198,863	1,586,736
46	Fuel Stock Expense Undistributed (152)	-	-
47	Residuals (Elec) and Extracted Products (153)	-	-
48	Plant Materials and Operating Supplies (154)	804,840,950	751,427,249
49	Merchandise (155)	-	-
50	Other Materials and Supplies (156)	-	-
51	Nuclear Materials Held for Sale (157)	-	-
52	Allowances (158.1 and 158.2)	1,016,059,221	747,270,576

FERC FORM NO. 1/3-Q (REV 12-08)

Page 110

Name of Respondent	Date of Report	Year/Period of
		(Mo, Da, Yr)	Report
PACIFIC GAS AND ELECTRIC COMPANY		2023/Q4
	COMPARATIVE BALANCE SHEET
		Current Year	Prior Year
Line	ASSETS	End of Quarter/Yr	End Balance
No.	Balance	12/31
	(a)	(c)	(d)
53	(Less) Noncurrent Portion of Allowances	112,160,009	646,415,350
54	Stores Expense Undistributed (163)	-	0
55	Gas Stored Underground - Current (164.1)	63,858,390	89,676,327
56	LNG Stored and Held for Processing (164.2-164.3)	-	-
57	Prepayments (165)	350,046,062	570,965,644
58	Advances for Gas (166-167)	-	-
59	Interest and Dividends Receivable (171)	667,543	0
60	Rents Receivable (172)	-	-
61	Accrued Utility Revenues (173)	164,414,801	148,663,404
62	Miscellaneous Current and Accrued Assets (174)	574,945,899	549,054,533
63	Derivative Instrument Assets (175)	410,597,570	959,205,737
64	(Less) Long-Term Portion of Derivative Instrument	280,435,882	305,301,298
65	Derivative Instrument Assets - Hedges (176)	-	0
66	(Less) Long-Term Portion of Derivative Instrument	-	0
67	TOTAL Current and Accrued Assets (Lines 34-66)	6,225,086,290	7,516,011,429
68	DEFERRED DEBITS
69	Unamortized Debt Expenses (181)	223,559,588	193,762,955
70	Extraordinary Property Losses (182.1)	-	-
71	Unrecovered Plant and Regulatory Study Costs (182.2)	14,681,867	27,373,357
72	Other Regulatory Assets (182.3)	26,334,842,054	23,721,433,967
73	Preliminary Survey and Investigation Charges (183)	2,221,222	(558)
74	Preliminary Natural Gas Survey and Investigation Charges (183.1)	-	-
75	Other Preliminary Survey and Investigation Charges (183.2)	-	-
76	Clearing Accounts (184)	3,186,625	2,475,764
77	Temporary Facilities (185)	-	0
78	Miscellaneous Deferred Debits (186)	4,392,753,199	4,862,754,112
79	Deferred Losses from Disposition of Utility Plant (187)	-	-
80	Research, Development and Demonstration Expenditures (188)	-	-
81	Unamortized Loss on Reacquired Debt (189)	25,947,019	36,721,574
82	Accumulated Deferred Income Taxes (190) [F]	11,997,801,007	10,203,179,212
83	Unrecovered Purchased Gas Costs (191)	-	-
84	TOTAL Deferred Debits (Lines 73-95)	42,994,992,581	39,047,700,383
		(2,079,742,217)	(1,685,042,931)
85	TOTAL ASSETS (Lines 14-16, 32, 67 and 84)	138,833,658,643	127,089,777,725

FERC FORM NO. 1/3-Q (REV 12-08)

Page 111

Name of Respondent	Date of Report	Year/Period of
		(Mo, Da, Yr)	Report
PACIFIC GAS AND ELECTRIC COMPANY		2023/Q4
	COMPARATIVE BALANCE SHEET
		Current Year	Prior Year
Line.	LIABILITIES AND STOCKHOLDERS EQUITY	End of Quarter/Yr	End Balance
No.	Balance	12/31
	(a)	(c)	(d)
1	PROPRIETARY CAPITAL
2	Common Stock Issued (201)	1,321,874,045	1,321,874,045
3	Preferred Stock Issued (204)	257,994,575	257,994,575
4	Capital Stock Subscribed (202,205)	-	-
5	Stock Liability for Conversion (203,206)	-	-
6	Premium on Capital Stock (207)	1,805,194,230	1,805,194,230
7	Other Paid-In Capital (208-211)	36,333,269,747	30,756,123,589
8	Installments Received on Capital Stock (212)	-	-
9	(Less) Discount on Capital Stock (213)	6,916,899	6,916,899
10	(Less) Capital Stock Expense (214)	28,951,886	28,951,886
11	Retained Earnings (215, 215.1, 216)	(3,451,366,120)	(4,206,590,722)
12	Unappropriated Undistributed Subsidiary Earnings (216.1)	838,890,207	838,890,207
13	(Less) Reaquired Capital Stock (217)	-	-
14	Noncorporate Proprietorship (Nonmajor only)(218)	-	0
15	Accumulated Other Comprehensive Income (219)	(12,904,938)	(8,166,262)
16	Total Proprietary Capital (lines 2 through 15)	37,057,082,961	30,729,450,877
17	LONG-TERM DEBT
18	Bonds (221)	37,375,655,670	35,115,164,559
19	(Less) Reaquired Bonds (222)	-	0
20	Advances from Associated Companies (223)	8,904,461,135	9,093,909,854
21	Other Long-Term Debt (224)	-	0
22	Unamortized Premium on Long-Term Debt (225)	4,320,877	4,903,468
23	(Less) Unamortized Discount on Long-Term Debt - Debit (226)	53,370,860	30,251,169
24	Total Long-Term Debt (lines 18 through 23)	46,231,066,822	44,183,726,712
25	OTHER NONCURRENT LIABILITIES
26	Obligations Under Capital Leases - Noncurrent (227)	1,072,368,477	1,243,633,044
27	Accumulated Provision for Property Insurance (228.1)	-	-
28	Accumulated Provision for Injuries and Damages (228.2)	1,767,924,660	2,251,659,254
29	Accumulated Provision for Pensions and Benefits (228.3)	430,683,730	184,604,903
30	Accumulated Miscellaneous Operating Provisions (228.4)	1,332,383,900	1,753,706,614
31	Accumulated Provision for Rate Refunds (229)	-	0
32	Long-Term Portion of Derivative Instrument Liabilities	159,227,287	176,597,091
33	Long-Term Portion of Derivative Instrument Liabilities- Hedges	-	-
34	Asset Retirement Obligations (230)	5,512,144,332	5,912,361,630
35	Total Other Noncurrent Liabilities (lines 26 through 34)	10,274,732,386	11,522,562,536
36	CURRENT AND ACCRUED LIABILITIES
37	Notes Payable (231)	3,975,000,000	2,055,000,000
38	Accounts Payable (232)	3,097,708,326	3,582,839,305
39	Notes Payable to Associated Companies (233)	-	-
40	Accounts Payables to Associated Companies (234)	111,713,915	226,750,134
41	Customer Deposits (235)	132,419,066	116,804,373
42	Taxes Accrued (236)	536,922,697	504,591,321
43	Interest Accrued (237)	564,629,548	463,796,034
44	Dividends Declared (238) *	2,319,380	2,319,382
45	Matured Long-Term Debt (239)	-	0

FERC FORM NO. 1/3-Q (REV 12-08)

Page 112

Name of Respondent	Date of Report	Year/Period of
		(Mo, Da, Yr)	Report
PACIFIC GAS AND ELECTRIC COMPANY		2023/Q4
	COMPARATIVE BALANCE SHEET
		Current Year	Prior Year
Line	LIABILITIES AND STOCKHOLDERS EQUITY	End of Quarter/Yr	End Balance
No.	Balance	12/31
	(a)	(c)	(d)
46	Matured Interest (240)	-	0
47	Tax Collections Payable (241)	38,350,787	41,016,803
48	Miscellaneous Current and Accrued Liabilities (242)	2,455,889,523	1,463,562,560
49	Obligations Under Capital Leases-Current (243)	338,625,194	232,928,694
50	Derivative Instrument Liabilities (244)	281,405,622	228,244,869
51	(Less) Long-Term Portion of Derivative Instrument Liab.	159,227,287	176,597,091
52	Derivative Instrument Liabilities-Hedges (245)	-	0
53	(Less) Long-Term Portion of Derivative Instrument Liab.-Hedges	-	-
54	Total Current and Accrued Liabilities (lines 37 through 53)	11,375,756,771	8,741,256,384
55	DEFERRED CREDITS
56	Customer Advances for Construction (252)	356,208,431	288,675,735
57	Accumulated Deferred Investment Tax Credits (255)	89,113,318	91,349,274
58	Deferred Gains from Disposition of Utility Plant (256)	-	-
59	Other Deferred Credits (253)	1,535,657,498	1,705,188,018
60	Other Regulatory Liabilities (254) [E]	17,366,615,681	16,420,075,785
61	Unamortized Gain on Reacquired Debt (257)	34,680	150,526
62	Accum. Deferred Income Taxes-Accel. Amort.(281)	-	0
63	Accum. Deferred Income Taxes-Other Property (282) [F]	11,304,088,331	10,627,816,495
64	Accum. Deferred Income Taxes-Other (283) [F]	3,243,301,764	2,779,525,383
65	Total Deferred Credits (lines 56 through 64)	33,895,019,703	31,912,781,216
66	TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
	(lines 16, 24, 35, 54 and 65)	138,833,658,643	127,089,777,725

FERC FORM NO. 1/3-Q (REV 12-08)

Page 113

Name of Respondent	This Report Is:		Date of Report		Year/Period of Report
		(1) * An Original		(Mo, Da, Yr.)
PACIFIC GAS AND ELECTRIC COMPANY	(2) A Resubmission				2023/Q4
	STATEMENT OF INCOME
1. Enter in column (e) operations for the reporting quarter and in column (f) the balance for the same three-month period for the prior year.
2. Report in column (g) the year to date amounts for electric utility function; in column (i) the year to date amounts for gas utility, and in
(k) the year to date amounts for other utility function for the current year.
				Total	Total		Current 3	Prior 3
				Current Year to	Prior Year to		Months Ended	Months Ended
		(Ref.)		Date Balance	Date Balance		Quarterly Only	Quarterly Only
Line	Account	Page No.		for Quarter/Year	for Quarter/Year		No 4th Quarter	No 4th Quarter
No.	(a)	(b)		(c)	(d)		(e)	(f)
1	UTILITY OPERATING INCOME
2	OPERATING REVENUES (400)	300-301		28,253,931,100	26,581,287,822
3	OPERATING EXPENSES
4	Operation Expenses (401)	320-323		16,098,723,913	17,123,024,262
5	Maintenance Expenses (402)	320-323		3,435,957,997	3,162,206,754
6	Depreciation Expense (403)	336-337		3,468,849,948	3,602,215,596
7	Depreciation Exp. for Asset Retirement Costs (403.1)	336-337		-	-
8	Amort. & Depl. of Utility Plant (404-405)	336-337		277,524,853	244,780,157
9	Amort. of Utility Plant Acq. Adj. (406)	336-337		-	-
10	Amort. of Property Losses, Unrecovered Plant			-	-
	and Regulatory Study Costs (407)			13,877,674	13,397,111
11	Amort. of Conversion Expenses (407.2)			-	-
12	Regulatory Debit (407.3)			19,500,000	12,060,000
13	(Less) Regulatory Credits (407.4)			(969,263,798)	1,072,653,184
14	Taxes Other Than Income Taxes (408.1)	262-263		856,386,925	837,135,608
15	Income Taxes - Federal (409.1)	262-263		(4)	7
16	Income Taxes -Other (409.1)	262-263		2	1
17	Provision for Deferred Inc. Taxes (410.1)	234-272-277		11,494,882,857	17,329,658,629
18	(Less) Provision for Deferred Inc. Taxes-Cr.(411.1)	234-272-277		12,766,518,727	18,416,881,192
19	Investment Tax Credit Adj.- Net (411.4)	266		-	-
20	(Less) Gains from Disp. of Utility Plant (411.6)			80,236,072	82,886,801
21	Losses from Utility Plant (411.7)			(837)	167,053
22	(Less) Gains from Disposition of Allowance (411.8)			-
23	Losses from Disposition of Allowances (411.9)			-	-
24	Accretion Expense (411.10)			-	-
25	TOTAL OPERATING EXPENSES (Lines 4-24)			23,788,212,327	22,752,224,001
26	NET UTILITY OPERATING INCOME (Line 2 minus line 25)			4,465,718,773	3,829,063,821

FERC FORM NO. 1/3-Q

Page 114

Name of Respondent			This Report Is:	Date of Report	Year/Period of Report
			(1) * An Original	(Mo, Da, Yr.)
PACIFIC GAS AND ELECTRIC COMPANY		(2)	A Resubmission		2023/Q4
		STATEMENT OF INCOME
3. Report in column (h) the year to date amounts for electric utility function; in column (j) the year
to date amounts for gas utility, and in (l) the year to date amounts for other utility function for the
previous year. '4. If additional columns are needed, place them in a footnote.
ELECTRIC UTILITY		GAS UTILITY			OTHER UTILITY
Current Year	Prior Year	Current Year		Prior Year	Current Year	Prior Year
to Date	to Date	to Date		to Date	to Date	to Date	Line
(g)	(h)	(i)		(j)	(k)	(l)	No.
							1
20,996,904,239	19,713,571,467	7,257,026,861		6,867,716,355		0	2
							3
12,032,994,139	13,001,612,729	4,065,729,774		4,121,411,533			4
3,063,845,321	2,670,028,606	372,112,676		492,178,148			5
2,700,048,385	2,766,533,077	768,801,563		835,682,519			6
-	-	-		-			7
203,072,771	179,547,995	74,452,082		65,232,162		0	8
-	-	-		-			9
13,877,674	13,397,111	-		-			10
-	-	-		-			11
19,500,000	12,060,000	-		-			12
(853,064,007)	956,229,628	(116,199,791)		116,423,556			13
605,869,342	594,298,276	250,517,583		242,837,332			14
5,552,354	21,161,320	(5,552,358)		(21,161,313)			15
2,563,929	9,771,726	(2,563,927)		(9,771,725)			16
9,390,818,110	15,695,744,541	2,104,064,747		1,633,914,088			17
10,668,574,126	16,796,539,207	2,097,944,601		1,620,341,985			18
-	-	-		-			19
52,831,694	55,793,729	27,404,378		27,093,072		0	20
(837)	167,053	-		-			21
-	-	-		-			22
-	-	-		-			23
-	-	-		-			24
18,169,799,375	17,155,759,870	5,618,412,952		5,596,464,131		0	25
2,827,104,864	2,557,811,597	1,638,613,909		1,271,252,225		-	26

FERC FORM NO. 1/3-Q

Page 115