PG&E Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	713	940	635	734	291
Accounts Receivable	3,730	3,707	3,302	3,949	3,552
Other Receivables	1,719	1,810	1,494	1,624	1,784
Inventory	820	820	870	842	596
Restricted Cash	259	273	297	213	16
Other Current Assets	8,589	9,666	7,785	5,453	4,838
Total Current Assets	15,830	17,216	14,383	12,815	11,077
Property, Plant & Equipment	96,798	88,753	82,919	77,519	71,060
Regulatory Assets	15,981	15,561	17,189	16,443	9,207
Other Long-Term Assets	13,002	12,130	11,207	11,867	11,983
Total Assets	141,611	133,660	125,698	118,644	103,327
Accounts Payable	7,401	6,665	4,829	5,324	3,976
Accrued Expenses	764	760	679	626	481
Short-Term Debt	2,675	1,523	3,971	2,055	2,184
Current Portion of Long-Term Debt	821	2,146	1,376	2,268	4,481
Current Portion of Leases	90	662	339	231	468
Other Current Liabilities	4,549	4,574	6,120	5,284	5,837
Total Current Liabilities	16,300	16,330	17,314	15,788	17,427
Long-Term Debt	57,387	53,569	50,975	47,742	38,225
Long-Term Leases	362	443	1,072	1,243	810
Pension & Post-Retirement Benefits	1,592	1,896	1,508	1,135	2,089
Long-Term Deferred Tax Liabilities	4,135	3,082	1,980	2,732	3,177
Other Long-Term Liabilities	29,043	27,939	27,557	26,929	20,376
Total Liabilities	108,819	103,259	100,406	95,569	82,104
Total Preferred Equity	1,579	1,579	-	-	-
Common Stock	31,636	31,555	30,374	32,887	35,129
Retained Earnings	-650	-2,966	-5,321	-7,542	-9,284
Treasury Stock	-	-	-	-2,517	-4,854
Comprehensive Income & Other	-25	-19	-13	-5	-20
Total Common Equity	30,961	28,570	25,040	22,823	20,971
Minority Interest	252	252	252	252	252
Shareholders' Equity	32,792	30,401	25,292	23,075	21,223
Total Liabilities & Equity	141,611	133,660	125,698	118,644	103,327
Total Debt	61,335	58,343	57,733	53,539	46,168
Net Cash (Debt)	-60,622	-57,403	-57,098	-52,805	-45,877
Net Cash Per Share	-27.53	-26.74	-26.71	-24.77	-23.11
Filing Date Shares Outstanding	2,198	2,194	2,134	1,988	1,986
Total Common Shares Outstanding	2,198	2,194	2,134	1,988	1,985
Working Capital	-470	886	-2,931	-2,973	-6,350
Book Value Per Share	14.09	13.02	11.74	11.48	10.56
Tangible Book Value	30,961	28,570	25,040	22,823	20,971
Tangible Book Value Per Share	14.09	13.02	11.74	11.48	10.56
Machinery	4,626	10,210	9,165	8,518	7,838
Construction In Progress	2	4,458	4,452	4,137	3,480

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.