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We did not grant any stock options during the years ended December 31, 2024, 2023 and 2022. The aggregate intrinsic value of options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 495.1 million, $ 525.3 million and $ 311.7 million, respectively. The total fair value of options vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 5.6 million, $ 8.7 million and $ 16.6 million, respectively. | text | 16.6 | monetaryItemType | text: <entity> 16.6 </entity> <entity type> monetaryItemType </entity type> <context> We did not grant any stock options during the years ended December 31, 2024, 2023 and 2022. The aggregate intrinsic value of options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 495.1 million, $ 525.3 million and $ 311.7 million, respectively. The total fair value of options vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 5.6 million, $ 8.7 million and $ 16.6 million, respectively. </context> | us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 |
The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. | text | 72.61 | perShareItemType | text: <entity> 72.61 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. | text | 39.49 | perShareItemType | text: <entity> 39.49 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. | text | 25.34 | perShareItemType | text: <entity> 25.34 </entity> <entity type> perShareItemType </entity type> <context> The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. | text | 251.8 | monetaryItemType | text: <entity> 251.8 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. | text | 225.5 | monetaryItemType | text: <entity> 225.5 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. | text | 174.0 | monetaryItemType | text: <entity> 174.0 </entity> <entity type> monetaryItemType </entity type> <context> The weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2024, 2023 and 2022 was $ 72.61 , $ 39.49 and $ 25.34 per share, respectively, as adjusted to give effect to the Stock Split. The total fair value of RSUs vested for the years ended December 31, 2024, 2023 and 2022 was approximately $ 251.8 million, $ 225.5 million, and $ 174.0 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue |
The change in our effective tax rate was due to a favorable change in state taxes and tax benefits attributable to stock-based compensation. Excess tax benefits resulting from stock awards were $ 212.3 million, $ 151.2 million and $ 93.5 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 212.3 | monetaryItemType | text: <entity> 212.3 </entity> <entity type> monetaryItemType </entity type> <context> The change in our effective tax rate was due to a favorable change in state taxes and tax benefits attributable to stock-based compensation. Excess tax benefits resulting from stock awards were $ 212.3 million, $ 151.2 million and $ 93.5 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount |
The change in our effective tax rate was due to a favorable change in state taxes and tax benefits attributable to stock-based compensation. Excess tax benefits resulting from stock awards were $ 212.3 million, $ 151.2 million and $ 93.5 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 151.2 | monetaryItemType | text: <entity> 151.2 </entity> <entity type> monetaryItemType </entity type> <context> The change in our effective tax rate was due to a favorable change in state taxes and tax benefits attributable to stock-based compensation. Excess tax benefits resulting from stock awards were $ 212.3 million, $ 151.2 million and $ 93.5 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount |
The change in our effective tax rate was due to a favorable change in state taxes and tax benefits attributable to stock-based compensation. Excess tax benefits resulting from stock awards were $ 212.3 million, $ 151.2 million and $ 93.5 million for the years ended December 31, 2024, 2023 and 2022, respectively. | text | 93.5 | monetaryItemType | text: <entity> 93.5 </entity> <entity type> monetaryItemType </entity type> <context> The change in our effective tax rate was due to a favorable change in state taxes and tax benefits attributable to stock-based compensation. Excess tax benefits resulting from stock awards were $ 212.3 million, $ 151.2 million and $ 93.5 million for the years ended December 31, 2024, 2023 and 2022, respectively. </context> | us-gaap:EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount |
As of December 31, 2024 and 2023, $ 1.4 billion and $ 0.9 billion were recorded as deferred tax assets, non-current respectively. We did not have any balance related to deferred tax liabilities as of December 31, 2024 and 2023. | text | 1.4 | monetaryItemType | text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024 and 2023, $ 1.4 billion and $ 0.9 billion were recorded as deferred tax assets, non-current respectively. We did not have any balance related to deferred tax liabilities as of December 31, 2024 and 2023. </context> | us-gaap:DeferredIncomeTaxAssetsNet |
As of December 31, 2024 and 2023, $ 1.4 billion and $ 0.9 billion were recorded as deferred tax assets, non-current respectively. We did not have any balance related to deferred tax liabilities as of December 31, 2024 and 2023. | text | 0.9 | monetaryItemType | text: <entity> 0.9 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024 and 2023, $ 1.4 billion and $ 0.9 billion were recorded as deferred tax assets, non-current respectively. We did not have any balance related to deferred tax liabilities as of December 31, 2024 and 2023. </context> | us-gaap:DeferredIncomeTaxAssetsNet |
As of December 31, 2024, we had $ 225.1 million and $ 120.6 million of net operating loss carryforwards for federal and state income tax purposes, respectively, from acquisitions. These federal and state losses will begin to expire in 2028 and 2029, respectively. We do not have any material foreign net operating losses. | text | 225.1 | monetaryItemType | text: <entity> 225.1 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, we had $ 225.1 million and $ 120.6 million of net operating loss carryforwards for federal and state income tax purposes, respectively, from acquisitions. These federal and state losses will begin to expire in 2028 and 2029, respectively. We do not have any material foreign net operating losses. </context> | us-gaap:OperatingLossCarryforwards |
As of December 31, 2024, we had $ 225.1 million and $ 120.6 million of net operating loss carryforwards for federal and state income tax purposes, respectively, from acquisitions. These federal and state losses will begin to expire in 2028 and 2029, respectively. We do not have any material foreign net operating losses. | text | 120.6 | monetaryItemType | text: <entity> 120.6 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, we had $ 225.1 million and $ 120.6 million of net operating loss carryforwards for federal and state income tax purposes, respectively, from acquisitions. These federal and state losses will begin to expire in 2028 and 2029, respectively. We do not have any material foreign net operating losses. </context> | us-gaap:OperatingLossCarryforwards |
As of December 31, 2024, our state tax credit carryforwards for income tax purposes before valuation allowances were approximately $ 238.4 million, which can be carried over indefinitely. We have provided a valuation allowance of $ 179.8 million for deferred tax assets, primarily related to state carryforwards that we do not believe are more likely than not to be realized. | text | 238.4 | monetaryItemType | text: <entity> 238.4 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, our state tax credit carryforwards for income tax purposes before valuation allowances were approximately $ 238.4 million, which can be carried over indefinitely. We have provided a valuation allowance of $ 179.8 million for deferred tax assets, primarily related to state carryforwards that we do not believe are more likely than not to be realized. </context> | us-gaap:TaxCreditCarryforwardAmount |
As of December 31, 2024, our state tax credit carryforwards for income tax purposes before valuation allowances were approximately $ 238.4 million, which can be carried over indefinitely. We have provided a valuation allowance of $ 179.8 million for deferred tax assets, primarily related to state carryforwards that we do not believe are more likely than not to be realized. | text | 179.8 | monetaryItemType | text: <entity> 179.8 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, our state tax credit carryforwards for income tax purposes before valuation allowances were approximately $ 238.4 million, which can be carried over indefinitely. We have provided a valuation allowance of $ 179.8 million for deferred tax assets, primarily related to state carryforwards that we do not believe are more likely than not to be realized. </context> | us-gaap:DeferredTaxAssetsValuationAllowance |
As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. | text | 181.5 | monetaryItemType | text: <entity> 181.5 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. </context> | us-gaap:UnrecognizedTaxBenefits |
As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. | text | 163.3 | monetaryItemType | text: <entity> 163.3 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. </context> | us-gaap:UnrecognizedTaxBenefits |
As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. | text | 137.4 | monetaryItemType | text: <entity> 137.4 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. </context> | us-gaap:UnrecognizedTaxBenefits |
As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. | text | 103.4 | monetaryItemType | text: <entity> 103.4 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. </context> | us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate |
As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. | text | 90.0 | monetaryItemType | text: <entity> 90.0 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. </context> | us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate |
As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. | text | 79.3 | monetaryItemType | text: <entity> 79.3 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, 2023 and 2022, the total amount of gross unrecognized tax benefits was $ 181.5 million, $ 163.3 million and $ 137.4 million, respectively, of which $ 103.4 million, $ 90.0 million and $ 79.3 million would affect our effective tax rate if recognized. </context> | us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate |
We operate as one reportable segment. The accounting policies of the reportable segment are the same as those described in the summary of significant accounting policies. The financial information reviewed by the CODM reflects quarterly and year-to-date operating results, with a primary focus on revenue, gross margin, operating margin and net income as reported on the consolidated statements of income. Consolidated financial information is used by the CODM to evaluate performance and make decisions regarding resource allocation and other strategic initiatives. This consolidated financial information is also what is used to establish and approve operating budgets and forecasts. The measure of segment assets is reported on the consolidated balance sheets in total. There was no change for each of the periods presented in the measurement methods used to determine reported segment profit and loss. | text | one | integerItemType | text: <entity> one </entity> <entity type> integerItemType </entity type> <context> We operate as one reportable segment. The accounting policies of the reportable segment are the same as those described in the summary of significant accounting policies. The financial information reviewed by the CODM reflects quarterly and year-to-date operating results, with a primary focus on revenue, gross margin, operating margin and net income as reported on the consolidated statements of income. Consolidated financial information is used by the CODM to evaluate performance and make decisions regarding resource allocation and other strategic initiatives. This consolidated financial information is also what is used to establish and approve operating budgets and forecasts. The measure of segment assets is reported on the consolidated balance sheets in total. There was no change for each of the periods presented in the measurement methods used to determine reported segment profit and loss. </context> | us-gaap:NumberOfReportableSegments |
(1) Includes $ 5,663.0 million, $ 4,541.5 million and $ 3,424.8 million revenue generated from the U.S. for the three years ended December 31, 2024, 2023 and | text | 5663.0 | monetaryItemType | text: <entity> 5663.0 </entity> <entity type> monetaryItemType </entity type> <context> (1) Includes $ 5,663.0 million, $ 4,541.5 million and $ 3,424.8 million revenue generated from the U.S. for the three years ended December 31, 2024, 2023 and </context> | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
(1) Includes $ 5,663.0 million, $ 4,541.5 million and $ 3,424.8 million revenue generated from the U.S. for the three years ended December 31, 2024, 2023 and | text | 4541.5 | monetaryItemType | text: <entity> 4541.5 </entity> <entity type> monetaryItemType </entity type> <context> (1) Includes $ 5,663.0 million, $ 4,541.5 million and $ 3,424.8 million revenue generated from the U.S. for the three years ended December 31, 2024, 2023 and </context> | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
(1) Includes $ 5,663.0 million, $ 4,541.5 million and $ 3,424.8 million revenue generated from the U.S. for the three years ended December 31, 2024, 2023 and | text | 3424.8 | monetaryItemType | text: <entity> 3424.8 </entity> <entity type> monetaryItemType </entity type> <context> (1) Includes $ 5,663.0 million, $ 4,541.5 million and $ 3,424.8 million revenue generated from the U.S. for the three years ended December 31, 2024, 2023 and </context> | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
This is a combined annual report of PG&E Corporation and the Utility. PG&E Corporation’s Consolidated Financial Statements include the accounts of PG&E Corporation, the Utility, and other wholly owned and controlled subsidiaries. The Utility’s Consolidated Financial Statements include the accounts of the Utility and its wholly owned and controlled subsidiaries. All intercompany transactions have been eliminated in consolidation. The Notes to the Consolidated Financial Statements apply to both PG&E Corporation and the Utility. PG&E Corporation and the Utility assess financial performance and allocate resources on a consolidated basis (i.e., the companies operate in one segment). | text | one | integerItemType | text: <entity> one </entity> <entity type> integerItemType </entity type> <context> This is a combined annual report of PG&E Corporation and the Utility. PG&E Corporation’s Consolidated Financial Statements include the accounts of PG&E Corporation, the Utility, and other wholly owned and controlled subsidiaries. The Utility’s Consolidated Financial Statements include the accounts of the Utility and its wholly owned and controlled subsidiaries. All intercompany transactions have been eliminated in consolidation. The Notes to the Consolidated Financial Statements apply to both PG&E Corporation and the Utility. PG&E Corporation and the Utility assess financial performance and allocate resources on a consolidated basis (i.e., the companies operate in one segment). </context> | us-gaap:NumberOfOperatingSegments |
PG&E Corporation and the Utility assess financial performance and allocate resources on a consolidated basis and operate as one reportable segment. PG&E Corporation’s and the Utility’s chief operating decision maker is the Chief Executive Officer of PG&E Corporation. | text | one | integerItemType | text: <entity> one </entity> <entity type> integerItemType </entity type> <context> PG&E Corporation and the Utility assess financial performance and allocate resources on a consolidated basis and operate as one reportable segment. PG&E Corporation’s and the Utility’s chief operating decision maker is the Chief Executive Officer of PG&E Corporation. </context> | us-gaap:NumberOfReportableSegments |
Cash and cash equivalents consist of cash and short-term, highly liquid investments with original maturities of three months or less. Cash equivalents are stated at fair value. As of December 31, 2024 and 2023, the Utility also held $ 272 million and $ 294 million of Restricted cash and restricted cash equivalents, respectively, that primarily consist of AB 1054 and SB 901 fixed recovery charge collections that are to be used to service the associated bonds. | text | 272 | monetaryItemType | text: <entity> 272 </entity> <entity type> monetaryItemType </entity type> <context> Cash and cash equivalents consist of cash and short-term, highly liquid investments with original maturities of three months or less. Cash equivalents are stated at fair value. As of December 31, 2024 and 2023, the Utility also held $ 272 million and $ 294 million of Restricted cash and restricted cash equivalents, respectively, that primarily consist of AB 1054 and SB 901 fixed recovery charge collections that are to be used to service the associated bonds. </context> | us-gaap:RestrictedCashAndCashEquivalents |
Cash and cash equivalents consist of cash and short-term, highly liquid investments with original maturities of three months or less. Cash equivalents are stated at fair value. As of December 31, 2024 and 2023, the Utility also held $ 272 million and $ 294 million of Restricted cash and restricted cash equivalents, respectively, that primarily consist of AB 1054 and SB 901 fixed recovery charge collections that are to be used to service the associated bonds. | text | 294 | monetaryItemType | text: <entity> 294 </entity> <entity type> monetaryItemType </entity type> <context> Cash and cash equivalents consist of cash and short-term, highly liquid investments with original maturities of three months or less. Cash equivalents are stated at fair value. As of December 31, 2024 and 2023, the Utility also held $ 272 million and $ 294 million of Restricted cash and restricted cash equivalents, respectively, that primarily consist of AB 1054 and SB 901 fixed recovery charge collections that are to be used to service the associated bonds. </context> | us-gaap:RestrictedCashAndCashEquivalents |
Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. | text | 341 | monetaryItemType | text: <entity> 341 </entity> <entity type> monetaryItemType </entity type> <context> Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. </context> | us-gaap:ProvisionForLoanLossesExpensed |
Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. | text | 636 | monetaryItemType | text: <entity> 636 </entity> <entity type> monetaryItemType </entity type> <context> Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. </context> | us-gaap:ProvisionForLoanLossesExpensed |
Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. | text | 143 | monetaryItemType | text: <entity> 143 </entity> <entity type> monetaryItemType </entity type> <context> Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. </context> | us-gaap:ProvisionForLoanLossesExpensed |
Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. | text | 85 | monetaryItemType | text: <entity> 85 </entity> <entity type> monetaryItemType </entity type> <context> Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. </context> | us-gaap:RegulatoryAssetsNoncurrent |
Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. | text | 78 | monetaryItemType | text: <entity> 78 </entity> <entity type> monetaryItemType </entity type> <context> Expected credit losses of $ 341 million, $ 636 million, and $ 143 million were recorded in Operating and maintenance expense on the Consolidated Statements of Income for credit losses associated with trade and other receivables during the years ended December 31, 2024, 2023, and 2022, respectively. The portion of expected credit losses that are deemed probable of recovery are deferred to the RUBA and a FERC regulatory asset account. As of December 31, 2024, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 260 million and $ 85 million, respectively. As of December 31, 2023, the RUBA current balancing accounts and FERC noncurrent regulatory asset balances were $ 507 million and $ 78 million, respectively. The RUBA current balancing account balance decreased from December 31, 2023 to December 31, 2024 primarily due to a decrease in under-collections from residential customers in 2024, which are expected to be recovered in 2025. </context> | us-gaap:RegulatoryAssetsNoncurrent |
Includes $ 3.0 billion of fire risk mitigation-related property, plant, and equipment securitized in accordance with AB 1054. | text | 3.0 | monetaryItemType | text: <entity> 3.0 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 3.0 billion of fire risk mitigation-related property, plant, and equipment securitized in accordance with AB 1054. </context> | us-gaap:PublicUtilitiesPropertyPlantAndEquipmentPlantInService |
The Utility depreciates property, plant, and equipment using the composite, or group, method of depreciation, in which a single depreciation rate is applied to the gross investment balance in a particular class of property, with the exception of its securitized property, plant and equipment, which is depreciated over the life of the bond and in a pattern consistent with principal payments. This method approximates the straight-line method of depreciation over the useful lives of property, plant, and equipment. The Utility’s composite depreciation rates were 3.61 % in 2024, 3.56 % in 2023, and 3.74 % in 2022. The useful lives of the Utility’s property, plant, and equipment are authorized by the CPUC and the FERC, and the depreciation expense is recovered through rates charged to customers. Depreciation expense includes a component for the original cost of assets and a component for estimated cost of future removal, net of any salvage value at retirement. Upon retirement, the original cost of the retired assets, net of salvage value, is charged against accumulated depreciation. The cost of repairs and maintenance, including planned major maintenance activities and minor replacements of property, is charged to Operating and maintenance expense as incurred. | text | 3.61 | percentItemType | text: <entity> 3.61 </entity> <entity type> percentItemType </entity type> <context> The Utility depreciates property, plant, and equipment using the composite, or group, method of depreciation, in which a single depreciation rate is applied to the gross investment balance in a particular class of property, with the exception of its securitized property, plant and equipment, which is depreciated over the life of the bond and in a pattern consistent with principal payments. This method approximates the straight-line method of depreciation over the useful lives of property, plant, and equipment. The Utility’s composite depreciation rates were 3.61 % in 2024, 3.56 % in 2023, and 3.74 % in 2022. The useful lives of the Utility’s property, plant, and equipment are authorized by the CPUC and the FERC, and the depreciation expense is recovered through rates charged to customers. Depreciation expense includes a component for the original cost of assets and a component for estimated cost of future removal, net of any salvage value at retirement. Upon retirement, the original cost of the retired assets, net of salvage value, is charged against accumulated depreciation. The cost of repairs and maintenance, including planned major maintenance activities and minor replacements of property, is charged to Operating and maintenance expense as incurred. </context> | us-gaap:PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService |
The Utility depreciates property, plant, and equipment using the composite, or group, method of depreciation, in which a single depreciation rate is applied to the gross investment balance in a particular class of property, with the exception of its securitized property, plant and equipment, which is depreciated over the life of the bond and in a pattern consistent with principal payments. This method approximates the straight-line method of depreciation over the useful lives of property, plant, and equipment. The Utility’s composite depreciation rates were 3.61 % in 2024, 3.56 % in 2023, and 3.74 % in 2022. The useful lives of the Utility’s property, plant, and equipment are authorized by the CPUC and the FERC, and the depreciation expense is recovered through rates charged to customers. Depreciation expense includes a component for the original cost of assets and a component for estimated cost of future removal, net of any salvage value at retirement. Upon retirement, the original cost of the retired assets, net of salvage value, is charged against accumulated depreciation. The cost of repairs and maintenance, including planned major maintenance activities and minor replacements of property, is charged to Operating and maintenance expense as incurred. | text | 3.56 | percentItemType | text: <entity> 3.56 </entity> <entity type> percentItemType </entity type> <context> The Utility depreciates property, plant, and equipment using the composite, or group, method of depreciation, in which a single depreciation rate is applied to the gross investment balance in a particular class of property, with the exception of its securitized property, plant and equipment, which is depreciated over the life of the bond and in a pattern consistent with principal payments. This method approximates the straight-line method of depreciation over the useful lives of property, plant, and equipment. The Utility’s composite depreciation rates were 3.61 % in 2024, 3.56 % in 2023, and 3.74 % in 2022. The useful lives of the Utility’s property, plant, and equipment are authorized by the CPUC and the FERC, and the depreciation expense is recovered through rates charged to customers. Depreciation expense includes a component for the original cost of assets and a component for estimated cost of future removal, net of any salvage value at retirement. Upon retirement, the original cost of the retired assets, net of salvage value, is charged against accumulated depreciation. The cost of repairs and maintenance, including planned major maintenance activities and minor replacements of property, is charged to Operating and maintenance expense as incurred. </context> | us-gaap:PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService |
The Utility depreciates property, plant, and equipment using the composite, or group, method of depreciation, in which a single depreciation rate is applied to the gross investment balance in a particular class of property, with the exception of its securitized property, plant and equipment, which is depreciated over the life of the bond and in a pattern consistent with principal payments. This method approximates the straight-line method of depreciation over the useful lives of property, plant, and equipment. The Utility’s composite depreciation rates were 3.61 % in 2024, 3.56 % in 2023, and 3.74 % in 2022. The useful lives of the Utility’s property, plant, and equipment are authorized by the CPUC and the FERC, and the depreciation expense is recovered through rates charged to customers. Depreciation expense includes a component for the original cost of assets and a component for estimated cost of future removal, net of any salvage value at retirement. Upon retirement, the original cost of the retired assets, net of salvage value, is charged against accumulated depreciation. The cost of repairs and maintenance, including planned major maintenance activities and minor replacements of property, is charged to Operating and maintenance expense as incurred. | text | 3.74 | percentItemType | text: <entity> 3.74 </entity> <entity type> percentItemType </entity type> <context> The Utility depreciates property, plant, and equipment using the composite, or group, method of depreciation, in which a single depreciation rate is applied to the gross investment balance in a particular class of property, with the exception of its securitized property, plant and equipment, which is depreciated over the life of the bond and in a pattern consistent with principal payments. This method approximates the straight-line method of depreciation over the useful lives of property, plant, and equipment. The Utility’s composite depreciation rates were 3.61 % in 2024, 3.56 % in 2023, and 3.74 % in 2022. The useful lives of the Utility’s property, plant, and equipment are authorized by the CPUC and the FERC, and the depreciation expense is recovered through rates charged to customers. Depreciation expense includes a component for the original cost of assets and a component for estimated cost of future removal, net of any salvage value at retirement. Upon retirement, the original cost of the retired assets, net of salvage value, is charged against accumulated depreciation. The cost of repairs and maintenance, including planned major maintenance activities and minor replacements of property, is charged to Operating and maintenance expense as incurred. </context> | us-gaap:PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService |
AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. | text | 111 | monetaryItemType | text: <entity> 111 </entity> <entity type> monetaryItemType </entity type> <context> AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. </context> | us-gaap:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest |
AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. | text | 184 | monetaryItemType | text: <entity> 184 </entity> <entity type> monetaryItemType </entity type> <context> AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. </context> | us-gaap:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity |
AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. | text | 82 | monetaryItemType | text: <entity> 82 </entity> <entity type> monetaryItemType </entity type> <context> AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. </context> | us-gaap:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest |
AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. | text | 179 | monetaryItemType | text: <entity> 179 </entity> <entity type> monetaryItemType </entity type> <context> AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. </context> | us-gaap:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity |
AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. | text | 81 | monetaryItemType | text: <entity> 81 </entity> <entity type> monetaryItemType </entity type> <context> AFUDC represents the estimated cost of debt (i.e., interest) and equity funds used to finance regulated plant additions before they go into service and is capitalized as part of the cost of construction. AFUDC is recoverable through rates over the life of the related property once the property is placed in service. AFUDC related to the cost of debt is recorded as a reduction to interest expense. AFUDC related to the cost of equity is recorded in other income. The Utility recorded AFUDC related to debt and equity, respectively, of $ 111 million and $ 184 million during 2024, $ 82 million and $ 179 million during 2023, and $ 81 million and $ 184 million during 2022. </context> | us-gaap:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest |
On October 18, 2022, the DWR and the Utility executed a $ 1.4 billion loan agreement to support the extension of DCPP, up to approximately $ 1.1 billion of which could be repaid by funds received from the DOE (see “U.S. DOE’s Civil Nuclear Credit Program” below). Under the loan agreement, the DWR pays the Utility a monthly performance-based disbursement equal to $ 7 for each MWh generated by DCPP, effective September 2, 2022. The Utility may use the proceeds of the performance-based disbursements for any business purpose, except as profits or dividends to shareholders or as otherwise prohibited by SB 846. The Utility began earning performance-based disbursements beginning on September 2, 2022 and is eligible to earn performance-based disbursements until the previously-approved retirement dates for DCPP Unit 1 and Unit 2 (2024 and 2025, respectively). The performance-based disbursements are contingent upon the Utility’s ongoing efforts to pursue extension of and continued safe and reliable operation of DCPP. The aggregate amount of performance-based disbursements under this agreement will not exceed $ 300 million. The Utility received the final proceeds from the DWR loan agreement in 2024. For more information, see the DWR loan activity table below. | text | 1.4 | monetaryItemType | text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> On October 18, 2022, the DWR and the Utility executed a $ 1.4 billion loan agreement to support the extension of DCPP, up to approximately $ 1.1 billion of which could be repaid by funds received from the DOE (see “U.S. DOE’s Civil Nuclear Credit Program” below). Under the loan agreement, the DWR pays the Utility a monthly performance-based disbursement equal to $ 7 for each MWh generated by DCPP, effective September 2, 2022. The Utility may use the proceeds of the performance-based disbursements for any business purpose, except as profits or dividends to shareholders or as otherwise prohibited by SB 846. The Utility began earning performance-based disbursements beginning on September 2, 2022 and is eligible to earn performance-based disbursements until the previously-approved retirement dates for DCPP Unit 1 and Unit 2 (2024 and 2025, respectively). The performance-based disbursements are contingent upon the Utility’s ongoing efforts to pursue extension of and continued safe and reliable operation of DCPP. The aggregate amount of performance-based disbursements under this agreement will not exceed $ 300 million. The Utility received the final proceeds from the DWR loan agreement in 2024. For more information, see the DWR loan activity table below. </context> | us-gaap:DebtInstrumentFaceAmount |
On October 18, 2022, the DWR and the Utility executed a $ 1.4 billion loan agreement to support the extension of DCPP, up to approximately $ 1.1 billion of which could be repaid by funds received from the DOE (see “U.S. DOE’s Civil Nuclear Credit Program” below). Under the loan agreement, the DWR pays the Utility a monthly performance-based disbursement equal to $ 7 for each MWh generated by DCPP, effective September 2, 2022. The Utility may use the proceeds of the performance-based disbursements for any business purpose, except as profits or dividends to shareholders or as otherwise prohibited by SB 846. The Utility began earning performance-based disbursements beginning on September 2, 2022 and is eligible to earn performance-based disbursements until the previously-approved retirement dates for DCPP Unit 1 and Unit 2 (2024 and 2025, respectively). The performance-based disbursements are contingent upon the Utility’s ongoing efforts to pursue extension of and continued safe and reliable operation of DCPP. The aggregate amount of performance-based disbursements under this agreement will not exceed $ 300 million. The Utility received the final proceeds from the DWR loan agreement in 2024. For more information, see the DWR loan activity table below. | text | 1.1 | monetaryItemType | text: <entity> 1.1 </entity> <entity type> monetaryItemType </entity type> <context> On October 18, 2022, the DWR and the Utility executed a $ 1.4 billion loan agreement to support the extension of DCPP, up to approximately $ 1.1 billion of which could be repaid by funds received from the DOE (see “U.S. DOE’s Civil Nuclear Credit Program” below). Under the loan agreement, the DWR pays the Utility a monthly performance-based disbursement equal to $ 7 for each MWh generated by DCPP, effective September 2, 2022. The Utility may use the proceeds of the performance-based disbursements for any business purpose, except as profits or dividends to shareholders or as otherwise prohibited by SB 846. The Utility began earning performance-based disbursements beginning on September 2, 2022 and is eligible to earn performance-based disbursements until the previously-approved retirement dates for DCPP Unit 1 and Unit 2 (2024 and 2025, respectively). The performance-based disbursements are contingent upon the Utility’s ongoing efforts to pursue extension of and continued safe and reliable operation of DCPP. The aggregate amount of performance-based disbursements under this agreement will not exceed $ 300 million. The Utility received the final proceeds from the DWR loan agreement in 2024. For more information, see the DWR loan activity table below. </context> | us-gaap:DebtInstrumentFaceAmount |
On October 18, 2022, the DWR and the Utility executed a $ 1.4 billion loan agreement to support the extension of DCPP, up to approximately $ 1.1 billion of which could be repaid by funds received from the DOE (see “U.S. DOE’s Civil Nuclear Credit Program” below). Under the loan agreement, the DWR pays the Utility a monthly performance-based disbursement equal to $ 7 for each MWh generated by DCPP, effective September 2, 2022. The Utility may use the proceeds of the performance-based disbursements for any business purpose, except as profits or dividends to shareholders or as otherwise prohibited by SB 846. The Utility began earning performance-based disbursements beginning on September 2, 2022 and is eligible to earn performance-based disbursements until the previously-approved retirement dates for DCPP Unit 1 and Unit 2 (2024 and 2025, respectively). The performance-based disbursements are contingent upon the Utility’s ongoing efforts to pursue extension of and continued safe and reliable operation of DCPP. The aggregate amount of performance-based disbursements under this agreement will not exceed $ 300 million. The Utility received the final proceeds from the DWR loan agreement in 2024. For more information, see the DWR loan activity table below. | text | 7 | monetaryItemType | text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> On October 18, 2022, the DWR and the Utility executed a $ 1.4 billion loan agreement to support the extension of DCPP, up to approximately $ 1.1 billion of which could be repaid by funds received from the DOE (see “U.S. DOE’s Civil Nuclear Credit Program” below). Under the loan agreement, the DWR pays the Utility a monthly performance-based disbursement equal to $ 7 for each MWh generated by DCPP, effective September 2, 2022. The Utility may use the proceeds of the performance-based disbursements for any business purpose, except as profits or dividends to shareholders or as otherwise prohibited by SB 846. The Utility began earning performance-based disbursements beginning on September 2, 2022 and is eligible to earn performance-based disbursements until the previously-approved retirement dates for DCPP Unit 1 and Unit 2 (2024 and 2025, respectively). The performance-based disbursements are contingent upon the Utility’s ongoing efforts to pursue extension of and continued safe and reliable operation of DCPP. The aggregate amount of performance-based disbursements under this agreement will not exceed $ 300 million. The Utility received the final proceeds from the DWR loan agreement in 2024. For more information, see the DWR loan activity table below. </context> | us-gaap:GovernmentAssistanceAmount |
On January 11, 2024, the Utility and DOE entered into a Credit Award and Payment Agreement for up to $ 1.1 billion related to DCPP as part of the DOE’s Civil Nuclear Credit Program. The Utility uses these funds to repay its loans outstanding under the DWR Loan Agreement (see “DWR Loan Agreement” above). Final award amounts are determined following completion of each year of the award period, and amounts awarded over a four-year award period ending in 2026 will be based on a number of factors, including actual costs incurred to extend the DCPP operations. When there is reasonable assurance that the Utility will receive funding and comply with the conditions of the DOE’s Civil Nuclear Credit Program, the Utility recognizes such funding as income and records a receivable related to government grants. During the years ended December 31, 2024 and 2023, the Consolidated Statements of Income reflected $ 265 million and $ 115 million, respectively, as a deduction to Operating and maintenance expense , for income related to government grants for incurred eligible costs to support the extension of DCPP. During the years ended December 31, 2024 and 2023, the Consolidated Statements of Income reflected $ 138 million and $ 76 million, as a deduction to Cost of electricity, for income related to government grants for incurred fuel costs to support the extension of DCPP. | text | 1.1 | monetaryItemType | text: <entity> 1.1 </entity> <entity type> monetaryItemType </entity type> <context> On January 11, 2024, the Utility and DOE entered into a Credit Award and Payment Agreement for up to $ 1.1 billion related to DCPP as part of the DOE’s Civil Nuclear Credit Program. The Utility uses these funds to repay its loans outstanding under the DWR Loan Agreement (see “DWR Loan Agreement” above). Final award amounts are determined following completion of each year of the award period, and amounts awarded over a four-year award period ending in 2026 will be based on a number of factors, including actual costs incurred to extend the DCPP operations. When there is reasonable assurance that the Utility will receive funding and comply with the conditions of the DOE’s Civil Nuclear Credit Program, the Utility recognizes such funding as income and records a receivable related to government grants. During the years ended December 31, 2024 and 2023, the Consolidated Statements of Income reflected $ 265 million and $ 115 million, respectively, as a deduction to Operating and maintenance expense , for income related to government grants for incurred eligible costs to support the extension of DCPP. During the years ended December 31, 2024 and 2023, the Consolidated Statements of Income reflected $ 138 million and $ 76 million, as a deduction to Cost of electricity, for income related to government grants for incurred fuel costs to support the extension of DCPP. </context> | us-gaap:GovernmentAssistanceAmount |
The SPV is considered a VIE because its equity capitalization is insufficient to support its activities. The most significant activities that impact the economic performance of the SPV are decisions made to manage receivables. The Utility is considered the primary beneficiary and consolidates the SPV as it makes these decisions. No additional financial support was provided to the SPV during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. As of December 31, 2024 and December 31, 2023, the SPV had net accounts receivable of $ 3.2 billion and $ 2.7 billion, respectively, and outstanding borrowings of zero and $ 1.5 billion respectively, under the Receivables Securitization Program. For more information, see Note 4 below. | text | 3.2 | monetaryItemType | text: <entity> 3.2 </entity> <entity type> monetaryItemType </entity type> <context> The SPV is considered a VIE because its equity capitalization is insufficient to support its activities. The most significant activities that impact the economic performance of the SPV are decisions made to manage receivables. The Utility is considered the primary beneficiary and consolidates the SPV as it makes these decisions. No additional financial support was provided to the SPV during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. As of December 31, 2024 and December 31, 2023, the SPV had net accounts receivable of $ 3.2 billion and $ 2.7 billion, respectively, and outstanding borrowings of zero and $ 1.5 billion respectively, under the Receivables Securitization Program. For more information, see Note 4 below. </context> | us-gaap:AccountsReceivableFromSecuritization |
The SPV is considered a VIE because its equity capitalization is insufficient to support its activities. The most significant activities that impact the economic performance of the SPV are decisions made to manage receivables. The Utility is considered the primary beneficiary and consolidates the SPV as it makes these decisions. No additional financial support was provided to the SPV during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. As of December 31, 2024 and December 31, 2023, the SPV had net accounts receivable of $ 3.2 billion and $ 2.7 billion, respectively, and outstanding borrowings of zero and $ 1.5 billion respectively, under the Receivables Securitization Program. For more information, see Note 4 below. | text | 2.7 | monetaryItemType | text: <entity> 2.7 </entity> <entity type> monetaryItemType </entity type> <context> The SPV is considered a VIE because its equity capitalization is insufficient to support its activities. The most significant activities that impact the economic performance of the SPV are decisions made to manage receivables. The Utility is considered the primary beneficiary and consolidates the SPV as it makes these decisions. No additional financial support was provided to the SPV during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. As of December 31, 2024 and December 31, 2023, the SPV had net accounts receivable of $ 3.2 billion and $ 2.7 billion, respectively, and outstanding borrowings of zero and $ 1.5 billion respectively, under the Receivables Securitization Program. For more information, see Note 4 below. </context> | us-gaap:AccountsReceivableFromSecuritization |
The SPV is considered a VIE because its equity capitalization is insufficient to support its activities. The most significant activities that impact the economic performance of the SPV are decisions made to manage receivables. The Utility is considered the primary beneficiary and consolidates the SPV as it makes these decisions. No additional financial support was provided to the SPV during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. As of December 31, 2024 and December 31, 2023, the SPV had net accounts receivable of $ 3.2 billion and $ 2.7 billion, respectively, and outstanding borrowings of zero and $ 1.5 billion respectively, under the Receivables Securitization Program. For more information, see Note 4 below. | text | zero | monetaryItemType | text: <entity> zero </entity> <entity type> monetaryItemType </entity type> <context> The SPV is considered a VIE because its equity capitalization is insufficient to support its activities. The most significant activities that impact the economic performance of the SPV are decisions made to manage receivables. The Utility is considered the primary beneficiary and consolidates the SPV as it makes these decisions. No additional financial support was provided to the SPV during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. As of December 31, 2024 and December 31, 2023, the SPV had net accounts receivable of $ 3.2 billion and $ 2.7 billion, respectively, and outstanding borrowings of zero and $ 1.5 billion respectively, under the Receivables Securitization Program. For more information, see Note 4 below. </context> | us-gaap:DebtInstrumentCarryingAmount |
The SPV is considered a VIE because its equity capitalization is insufficient to support its activities. The most significant activities that impact the economic performance of the SPV are decisions made to manage receivables. The Utility is considered the primary beneficiary and consolidates the SPV as it makes these decisions. No additional financial support was provided to the SPV during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. As of December 31, 2024 and December 31, 2023, the SPV had net accounts receivable of $ 3.2 billion and $ 2.7 billion, respectively, and outstanding borrowings of zero and $ 1.5 billion respectively, under the Receivables Securitization Program. For more information, see Note 4 below. | text | 1.5 | monetaryItemType | text: <entity> 1.5 </entity> <entity type> monetaryItemType </entity type> <context> The SPV is considered a VIE because its equity capitalization is insufficient to support its activities. The most significant activities that impact the economic performance of the SPV are decisions made to manage receivables. The Utility is considered the primary beneficiary and consolidates the SPV as it makes these decisions. No additional financial support was provided to the SPV during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. As of December 31, 2024 and December 31, 2023, the SPV had net accounts receivable of $ 3.2 billion and $ 2.7 billion, respectively, and outstanding borrowings of zero and $ 1.5 billion respectively, under the Receivables Securitization Program. For more information, see Note 4 below. </context> | us-gaap:DebtInstrumentCarryingAmount |
PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. | text | 860 | monetaryItemType | text: <entity> 860 </entity> <entity type> monetaryItemType </entity type> <context> PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. </context> | us-gaap:DebtInstrumentFaceAmount |
PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. | text | 983 | monetaryItemType | text: <entity> 983 </entity> <entity type> monetaryItemType </entity type> <context> PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. </context> | us-gaap:DebtInstrumentFaceAmount |
PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. | text | 1.42 | monetaryItemType | text: <entity> 1.42 </entity> <entity type> monetaryItemType </entity type> <context> PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. </context> | us-gaap:DebtInstrumentFaceAmount |
PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. | text | 3.2 | monetaryItemType | text: <entity> 3.2 </entity> <entity type> monetaryItemType </entity type> <context> PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. </context> | us-gaap:DebtInstrumentFaceAmount |
PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. | text | 1.8 | monetaryItemType | text: <entity> 1.8 </entity> <entity type> monetaryItemType </entity type> <context> PG&E Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Recovery Funding LLC are decisions made by the servicer of the Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On November 12, 2021, November 30, 2022, and August 1, 2024, PG&E Recovery Funding LLC issued $ 860 million, $ 983 million, and $ 1.42 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Recovery Funding LLC had outstanding borrowings of $ 3.2 billion and $ 1.8 billion, respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. </context> | us-gaap:DebtInstrumentFaceAmount |
PG&E Wildfire Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Wildfire Recovery Funding LLC are decisions made by the servicer of the SB 901 Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Wildfire Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Wildfire Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On May 10, 2022 and July 20, 2022, PG&E Wildfire Recovery Funding LLC issued $ 3.6 billion and $ 3.9 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Wildfire Recovery Funding LLC had outstanding borrowings of $ 7.2 billion and $ 7.3 billion respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. For more information, see Note 5 below. | text | 3.6 | monetaryItemType | text: <entity> 3.6 </entity> <entity type> monetaryItemType </entity type> <context> PG&E Wildfire Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Wildfire Recovery Funding LLC are decisions made by the servicer of the SB 901 Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Wildfire Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Wildfire Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On May 10, 2022 and July 20, 2022, PG&E Wildfire Recovery Funding LLC issued $ 3.6 billion and $ 3.9 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Wildfire Recovery Funding LLC had outstanding borrowings of $ 7.2 billion and $ 7.3 billion respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. For more information, see Note 5 below. </context> | us-gaap:DebtInstrumentFaceAmount |
PG&E Wildfire Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Wildfire Recovery Funding LLC are decisions made by the servicer of the SB 901 Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Wildfire Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Wildfire Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On May 10, 2022 and July 20, 2022, PG&E Wildfire Recovery Funding LLC issued $ 3.6 billion and $ 3.9 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Wildfire Recovery Funding LLC had outstanding borrowings of $ 7.2 billion and $ 7.3 billion respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. For more information, see Note 5 below. | text | 3.9 | monetaryItemType | text: <entity> 3.9 </entity> <entity type> monetaryItemType </entity type> <context> PG&E Wildfire Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Wildfire Recovery Funding LLC are decisions made by the servicer of the SB 901 Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Wildfire Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Wildfire Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On May 10, 2022 and July 20, 2022, PG&E Wildfire Recovery Funding LLC issued $ 3.6 billion and $ 3.9 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Wildfire Recovery Funding LLC had outstanding borrowings of $ 7.2 billion and $ 7.3 billion respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. For more information, see Note 5 below. </context> | us-gaap:DebtInstrumentFaceAmount |
PG&E Wildfire Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Wildfire Recovery Funding LLC are decisions made by the servicer of the SB 901 Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Wildfire Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Wildfire Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On May 10, 2022 and July 20, 2022, PG&E Wildfire Recovery Funding LLC issued $ 3.6 billion and $ 3.9 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Wildfire Recovery Funding LLC had outstanding borrowings of $ 7.2 billion and $ 7.3 billion respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. For more information, see Note 5 below. | text | 7.2 | monetaryItemType | text: <entity> 7.2 </entity> <entity type> monetaryItemType </entity type> <context> PG&E Wildfire Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Wildfire Recovery Funding LLC are decisions made by the servicer of the SB 901 Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Wildfire Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Wildfire Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On May 10, 2022 and July 20, 2022, PG&E Wildfire Recovery Funding LLC issued $ 3.6 billion and $ 3.9 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Wildfire Recovery Funding LLC had outstanding borrowings of $ 7.2 billion and $ 7.3 billion respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. For more information, see Note 5 below. </context> | us-gaap:DebtInstrumentFaceAmount |
PG&E Wildfire Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Wildfire Recovery Funding LLC are decisions made by the servicer of the SB 901 Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Wildfire Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Wildfire Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On May 10, 2022 and July 20, 2022, PG&E Wildfire Recovery Funding LLC issued $ 3.6 billion and $ 3.9 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Wildfire Recovery Funding LLC had outstanding borrowings of $ 7.2 billion and $ 7.3 billion respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. For more information, see Note 5 below. | text | 7.3 | monetaryItemType | text: <entity> 7.3 </entity> <entity type> monetaryItemType </entity type> <context> PG&E Wildfire Recovery Funding LLC is considered a VIE because its equity capitalization is insufficient to support its operations. The most significant activities that impact the economic performance of PG&E Wildfire Recovery Funding LLC are decisions made by the servicer of the SB 901 Recovery Property. The Utility is considered the primary beneficiary and consolidates PG&E Wildfire Recovery Funding LLC as it acts in this role as servicer. No additional financial support was provided to PG&E Wildfire Recovery Funding LLC during the year ended December 31, 2024 or is expected to be provided in the future that was not previously contractually required. On May 10, 2022 and July 20, 2022, PG&E Wildfire Recovery Funding LLC issued $ 3.6 billion and $ 3.9 billion of senior secured recovery bonds, respectively. As of December 31, 2024 and December 31, 2023, PG&E Wildfire Recovery Funding LLC had outstanding borrowings of $ 7.2 billion and $ 7.3 billion respectively, included in Long-term debt and Long-term debt, classified as current on the Consolidated Balance Sheets. For more information, see Note 5 below. </context> | us-gaap:DebtInstrumentFaceAmount |
As of December 31, 2024, PG&E Corporation and the Utility recorded $ 193 million in Other current liabilities, $ 564 million in Other noncurrent liabilities, $ 301 million in Current assets - Wildfire Fund asset, and $ 4.1 billion in Noncurrent assets - Wildfire Fund asset in the Consolidated Balance Sheets. During the year ended December 31, 2024 and 2023, the Utility recorded amortization and accretion expense of $ 383 million and $ 567 million, respectively. The amortization of the asset, accretion of the liability, and applicable acceleration of the amortization of the asset are reflected in Wildfire Fund expense in the Consolidated Statements of Income. | text | 193 | monetaryItemType | text: <entity> 193 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, PG&E Corporation and the Utility recorded $ 193 million in Other current liabilities, $ 564 million in Other noncurrent liabilities, $ 301 million in Current assets - Wildfire Fund asset, and $ 4.1 billion in Noncurrent assets - Wildfire Fund asset in the Consolidated Balance Sheets. During the year ended December 31, 2024 and 2023, the Utility recorded amortization and accretion expense of $ 383 million and $ 567 million, respectively. The amortization of the asset, accretion of the liability, and applicable acceleration of the amortization of the asset are reflected in Wildfire Fund expense in the Consolidated Statements of Income. </context> | us-gaap:LitigationReserveCurrent |
As of December 31, 2024, PG&E Corporation and the Utility recorded $ 193 million in Other current liabilities, $ 564 million in Other noncurrent liabilities, $ 301 million in Current assets - Wildfire Fund asset, and $ 4.1 billion in Noncurrent assets - Wildfire Fund asset in the Consolidated Balance Sheets. During the year ended December 31, 2024 and 2023, the Utility recorded amortization and accretion expense of $ 383 million and $ 567 million, respectively. The amortization of the asset, accretion of the liability, and applicable acceleration of the amortization of the asset are reflected in Wildfire Fund expense in the Consolidated Statements of Income. | text | 564 | monetaryItemType | text: <entity> 564 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, PG&E Corporation and the Utility recorded $ 193 million in Other current liabilities, $ 564 million in Other noncurrent liabilities, $ 301 million in Current assets - Wildfire Fund asset, and $ 4.1 billion in Noncurrent assets - Wildfire Fund asset in the Consolidated Balance Sheets. During the year ended December 31, 2024 and 2023, the Utility recorded amortization and accretion expense of $ 383 million and $ 567 million, respectively. The amortization of the asset, accretion of the liability, and applicable acceleration of the amortization of the asset are reflected in Wildfire Fund expense in the Consolidated Statements of Income. </context> | us-gaap:LitigationReserveNoncurrent |
As of December 31, 2024, PG&E Corporation and the Utility recorded $ 193 million in Other current liabilities, $ 564 million in Other noncurrent liabilities, $ 301 million in Current assets - Wildfire Fund asset, and $ 4.1 billion in Noncurrent assets - Wildfire Fund asset in the Consolidated Balance Sheets. During the year ended December 31, 2024 and 2023, the Utility recorded amortization and accretion expense of $ 383 million and $ 567 million, respectively. The amortization of the asset, accretion of the liability, and applicable acceleration of the amortization of the asset are reflected in Wildfire Fund expense in the Consolidated Statements of Income. | text | 383 | monetaryItemType | text: <entity> 383 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, PG&E Corporation and the Utility recorded $ 193 million in Other current liabilities, $ 564 million in Other noncurrent liabilities, $ 301 million in Current assets - Wildfire Fund asset, and $ 4.1 billion in Noncurrent assets - Wildfire Fund asset in the Consolidated Balance Sheets. During the year ended December 31, 2024 and 2023, the Utility recorded amortization and accretion expense of $ 383 million and $ 567 million, respectively. The amortization of the asset, accretion of the liability, and applicable acceleration of the amortization of the asset are reflected in Wildfire Fund expense in the Consolidated Statements of Income. </context> | us-gaap:LitigationSettlementExpense |
As of December 31, 2024, PG&E Corporation and the Utility recorded $ 193 million in Other current liabilities, $ 564 million in Other noncurrent liabilities, $ 301 million in Current assets - Wildfire Fund asset, and $ 4.1 billion in Noncurrent assets - Wildfire Fund asset in the Consolidated Balance Sheets. During the year ended December 31, 2024 and 2023, the Utility recorded amortization and accretion expense of $ 383 million and $ 567 million, respectively. The amortization of the asset, accretion of the liability, and applicable acceleration of the amortization of the asset are reflected in Wildfire Fund expense in the Consolidated Statements of Income. | text | 567 | monetaryItemType | text: <entity> 567 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, PG&E Corporation and the Utility recorded $ 193 million in Other current liabilities, $ 564 million in Other noncurrent liabilities, $ 301 million in Current assets - Wildfire Fund asset, and $ 4.1 billion in Noncurrent assets - Wildfire Fund asset in the Consolidated Balance Sheets. During the year ended December 31, 2024 and 2023, the Utility recorded amortization and accretion expense of $ 383 million and $ 567 million, respectively. The amortization of the asset, accretion of the liability, and applicable acceleration of the amortization of the asset are reflected in Wildfire Fund expense in the Consolidated Statements of Income. </context> | us-gaap:LitigationSettlementExpense |
Financing leases are included in financing lease ROU assets and current and noncurrent financing lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024 and 2023, the Utility made total fixed cash payments of $ 315 million and $ 142 million, respectively, for financing leases, which were included in the measurement of financing lease liabilities and are presented within financing activities on the Consolidated Statement of Cash Flows. Financing leases were immaterial for the year ended December 31, 2022. Any variable lease payments for financing leases are included in operating activities on the Consolidated Statement of Cash Flows. The majority of the Utility’s financing lease ROU assets and lease liabilities relate to the Oakland Headquarters lease discussed below. | text | 315 | monetaryItemType | text: <entity> 315 </entity> <entity type> monetaryItemType </entity type> <context> Financing leases are included in financing lease ROU assets and current and noncurrent financing lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024 and 2023, the Utility made total fixed cash payments of $ 315 million and $ 142 million, respectively, for financing leases, which were included in the measurement of financing lease liabilities and are presented within financing activities on the Consolidated Statement of Cash Flows. Financing leases were immaterial for the year ended December 31, 2022. Any variable lease payments for financing leases are included in operating activities on the Consolidated Statement of Cash Flows. The majority of the Utility’s financing lease ROU assets and lease liabilities relate to the Oakland Headquarters lease discussed below. </context> | us-gaap:FinanceLeasePrincipalPayments |
Financing leases are included in financing lease ROU assets and current and noncurrent financing lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024 and 2023, the Utility made total fixed cash payments of $ 315 million and $ 142 million, respectively, for financing leases, which were included in the measurement of financing lease liabilities and are presented within financing activities on the Consolidated Statement of Cash Flows. Financing leases were immaterial for the year ended December 31, 2022. Any variable lease payments for financing leases are included in operating activities on the Consolidated Statement of Cash Flows. The majority of the Utility’s financing lease ROU assets and lease liabilities relate to the Oakland Headquarters lease discussed below. | text | 142 | monetaryItemType | text: <entity> 142 </entity> <entity type> monetaryItemType </entity type> <context> Financing leases are included in financing lease ROU assets and current and noncurrent financing lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024 and 2023, the Utility made total fixed cash payments of $ 315 million and $ 142 million, respectively, for financing leases, which were included in the measurement of financing lease liabilities and are presented within financing activities on the Consolidated Statement of Cash Flows. Financing leases were immaterial for the year ended December 31, 2022. Any variable lease payments for financing leases are included in operating activities on the Consolidated Statement of Cash Flows. The majority of the Utility’s financing lease ROU assets and lease liabilities relate to the Oakland Headquarters lease discussed below. </context> | us-gaap:FinanceLeasePrincipalPayments |
As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. | text | 807 | monetaryItemType | text: <entity> 807 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. </context> | us-gaap:FinanceLeaseRightOfUseAsset |
As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. | text | 282 | monetaryItemType | text: <entity> 282 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. </context> | us-gaap:FinanceLeaseRightOfUseAssetAccumulatedAmortization |
As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. | text | 136 | monetaryItemType | text: <entity> 136 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. </context> | us-gaap:LeaseholdImprovementsGross |
As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. | text | 575 | monetaryItemType | text: <entity> 575 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. </context> | us-gaap:FinanceLeaseLiabilityCurrent |
As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. | text | 787 | monetaryItemType | text: <entity> 787 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. </context> | us-gaap:FinanceLeaseRightOfUseAsset |
As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. | text | 108 | monetaryItemType | text: <entity> 108 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. </context> | us-gaap:FinanceLeaseRightOfUseAssetAccumulatedAmortization |
As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. | text | 218 | monetaryItemType | text: <entity> 218 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. </context> | us-gaap:LeaseholdImprovementsGross |
As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. | text | 259 | monetaryItemType | text: <entity> 259 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. </context> | us-gaap:FinanceLeaseLiabilityCurrent |
As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. | text | 554 | monetaryItemType | text: <entity> 554 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Utility has recorded $ 807 million in Financing lease ROU assets, $ 282 million in accumulated amortization, $ 136 million in leasehold improvements, net of accumulated amortization, which includes $ 51 million that was provided to the Utility as lease incentives, and $ 575 million in current Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. As of December 31, 2023, the Utility recorded $ 787 million in Financing lease ROU assets, $ 108 million in accumulated amortization, $ 218 million in leasehold improvements, net of accumulated amortization, which includes $ 134 million that was provided to the Utility as lease incentives, $ 259 million in current Financing lease liabilities, and $ 554 million in noncurrent Financing lease liabilities in the Consolidated Financial Statements primarily related to the Lease, as amended. </context> | us-gaap:FinanceLeaseLiabilityNoncurrent |
At December 31, 2024 and 2023, the Utility’s financing lease had a weighted average remaining lease term of 0.5 years and 1.6 years and a weighted average discount rate of 6.2 % and 6.5 %, respectively. | text | 6.2 | percentItemType | text: <entity> 6.2 </entity> <entity type> percentItemType </entity type> <context> At December 31, 2024 and 2023, the Utility’s financing lease had a weighted average remaining lease term of 0.5 years and 1.6 years and a weighted average discount rate of 6.2 % and 6.5 %, respectively. </context> | us-gaap:FinanceLeaseWeightedAverageDiscountRatePercent |
At December 31, 2024 and 2023, the Utility’s financing lease had a weighted average remaining lease term of 0.5 years and 1.6 years and a weighted average discount rate of 6.2 % and 6.5 %, respectively. | text | 6.5 | percentItemType | text: <entity> 6.5 </entity> <entity type> percentItemType </entity type> <context> At December 31, 2024 and 2023, the Utility’s financing lease had a weighted average remaining lease term of 0.5 years and 1.6 years and a weighted average discount rate of 6.2 % and 6.5 %, respectively. </context> | us-gaap:FinanceLeaseWeightedAverageDiscountRatePercent |
At December 31, 2024, the Utility expects to pay $ 591 million of lease payments in 2025. | text | 591 | monetaryItemType | text: <entity> 591 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2024, the Utility expects to pay $ 591 million of lease payments in 2025. </context> | us-gaap:FinanceLeasePrincipalPayments |
Operating leases are included in operating lease ROU assets and current and noncurrent Operating lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024, 2023, and 2022, the Utility made total cash payments, including fixed and variable, of $ 1.6 billion, $ 1.9 billion, and $ 2.3 billion, respectively, for operating leases which are presented within operating activities on the Consolidated Statement of Cash Flows. | text | 1.6 | monetaryItemType | text: <entity> 1.6 </entity> <entity type> monetaryItemType </entity type> <context> Operating leases are included in operating lease ROU assets and current and noncurrent Operating lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024, 2023, and 2022, the Utility made total cash payments, including fixed and variable, of $ 1.6 billion, $ 1.9 billion, and $ 2.3 billion, respectively, for operating leases which are presented within operating activities on the Consolidated Statement of Cash Flows. </context> | us-gaap:OperatingLeasePayments |
Operating leases are included in operating lease ROU assets and current and noncurrent Operating lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024, 2023, and 2022, the Utility made total cash payments, including fixed and variable, of $ 1.6 billion, $ 1.9 billion, and $ 2.3 billion, respectively, for operating leases which are presented within operating activities on the Consolidated Statement of Cash Flows. | text | 1.9 | monetaryItemType | text: <entity> 1.9 </entity> <entity type> monetaryItemType </entity type> <context> Operating leases are included in operating lease ROU assets and current and noncurrent Operating lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024, 2023, and 2022, the Utility made total cash payments, including fixed and variable, of $ 1.6 billion, $ 1.9 billion, and $ 2.3 billion, respectively, for operating leases which are presented within operating activities on the Consolidated Statement of Cash Flows. </context> | us-gaap:OperatingLeasePayments |
Operating leases are included in operating lease ROU assets and current and noncurrent Operating lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024, 2023, and 2022, the Utility made total cash payments, including fixed and variable, of $ 1.6 billion, $ 1.9 billion, and $ 2.3 billion, respectively, for operating leases which are presented within operating activities on the Consolidated Statement of Cash Flows. | text | 2.3 | monetaryItemType | text: <entity> 2.3 </entity> <entity type> monetaryItemType </entity type> <context> Operating leases are included in operating lease ROU assets and current and noncurrent Operating lease liabilities on the Consolidated Balance Sheets. For the years ended December 31, 2024, 2023, and 2022, the Utility made total cash payments, including fixed and variable, of $ 1.6 billion, $ 1.9 billion, and $ 2.3 billion, respectively, for operating leases which are presented within operating activities on the Consolidated Statement of Cash Flows. </context> | us-gaap:OperatingLeasePayments |
At December 31, 2024 and 2023, the Utility’s operating leases had a weighted average remaining lease term of 7.5 years and 8.2 years and a weighted average discount rate of 6.5 % and 6.4 %, respectively. | text | 6.5 | percentItemType | text: <entity> 6.5 </entity> <entity type> percentItemType </entity type> <context> At December 31, 2024 and 2023, the Utility’s operating leases had a weighted average remaining lease term of 7.5 years and 8.2 years and a weighted average discount rate of 6.5 % and 6.4 %, respectively. </context> | us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent |
At December 31, 2024 and 2023, the Utility’s operating leases had a weighted average remaining lease term of 7.5 years and 8.2 years and a weighted average discount rate of 6.5 % and 6.4 %, respectively. | text | 6.4 | percentItemType | text: <entity> 6.4 </entity> <entity type> percentItemType </entity type> <context> At December 31, 2024 and 2023, the Utility’s operating leases had a weighted average remaining lease term of 7.5 years and 8.2 years and a weighted average discount rate of 6.5 % and 6.4 %, respectively. </context> | us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent |
Includes costs of responding to catastrophic events that have been declared a disaster or state of emergency by competent federal or state authorities. As of December 31, 2024 and 2023, $ 1 million and $ 43 million in COVID-19 related costs were recorded to CEMA regulatory assets, respectively. Recovery of CEMA costs is subject to CPUC review and approval. | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> Includes costs of responding to catastrophic events that have been declared a disaster or state of emergency by competent federal or state authorities. As of December 31, 2024 and 2023, $ 1 million and $ 43 million in COVID-19 related costs were recorded to CEMA regulatory assets, respectively. Recovery of CEMA costs is subject to CPUC review and approval. </context> | us-gaap:RegulatoryAssetsNoncurrent |
Includes costs of responding to catastrophic events that have been declared a disaster or state of emergency by competent federal or state authorities. As of December 31, 2024 and 2023, $ 1 million and $ 43 million in COVID-19 related costs were recorded to CEMA regulatory assets, respectively. Recovery of CEMA costs is subject to CPUC review and approval. | text | 43 | monetaryItemType | text: <entity> 43 </entity> <entity type> monetaryItemType </entity type> <context> Includes costs of responding to catastrophic events that have been declared a disaster or state of emergency by competent federal or state authorities. As of December 31, 2024 and 2023, $ 1 million and $ 43 million in COVID-19 related costs were recorded to CEMA regulatory assets, respectively. Recovery of CEMA costs is subject to CPUC review and approval. </context> | us-gaap:RegulatoryAssetsNoncurrent |
Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 537 | monetaryItemType | text: <entity> 537 </entity> <entity type> monetaryItemType </entity type> <context> Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:InvestmentIncomeInterest |
Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 547 | monetaryItemType | text: <entity> 547 </entity> <entity type> monetaryItemType </entity type> <context> Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:InvestmentIncomeInterest |
Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 153 | monetaryItemType | text: <entity> 153 </entity> <entity type> monetaryItemType </entity type> <context> Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:InvestmentIncomeInterest |
Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 323 | monetaryItemType | text: <entity> 323 </entity> <entity type> monetaryItemType </entity type> <context> Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:InvestmentIncomeInterest |
Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 257 | monetaryItemType | text: <entity> 257 </entity> <entity type> monetaryItemType </entity type> <context> Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:InvestmentIncomeInterest |
Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 81 | monetaryItemType | text: <entity> 81 </entity> <entity type> monetaryItemType </entity type> <context> Some regulatory balancing accounts receivable earn interest which is reflected in Interest income in the Consolidated Statements of Income. Some regulatory balancing accounts payable accrue interest which is reflected in Interest expense in the Consolidated Statements of Income. Interest income from balancing accounts receivable was $ 537 million, $ 547 million and $ 153 million for the years ended December 31, 2024, 2023, and 2022, respectively. Interest expense from balancing accounts payable was $ 323 million, $ 257 million and $ 81 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:InvestmentIncomeInterest |
On July 25, 2024, the Utility amended its existing revolving credit agreement to extend the maturity date for commitments representing $ 4.196 billion in the aggregate from June 22, 2028 to June 22, 2029 (subject to a one-year extension at the option of the Utility). The remaining $ 204 million of commitments will mature on June 22, 2028. | text | 4.196 | monetaryItemType | text: <entity> 4.196 </entity> <entity type> monetaryItemType </entity type> <context> On July 25, 2024, the Utility amended its existing revolving credit agreement to extend the maturity date for commitments representing $ 4.196 billion in the aggregate from June 22, 2028 to June 22, 2029 (subject to a one-year extension at the option of the Utility). The remaining $ 204 million of commitments will mature on June 22, 2028. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
On July 25, 2024, the Utility amended its existing revolving credit agreement to extend the maturity date for commitments representing $ 4.196 billion in the aggregate from June 22, 2028 to June 22, 2029 (subject to a one-year extension at the option of the Utility). The remaining $ 204 million of commitments will mature on June 22, 2028. | text | 204 | monetaryItemType | text: <entity> 204 </entity> <entity type> monetaryItemType </entity type> <context> On July 25, 2024, the Utility amended its existing revolving credit agreement to extend the maturity date for commitments representing $ 4.196 billion in the aggregate from June 22, 2028 to June 22, 2029 (subject to a one-year extension at the option of the Utility). The remaining $ 204 million of commitments will mature on June 22, 2028. </context> | us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity |
On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. | text | 400 | monetaryItemType | text: <entity> 400 </entity> <entity type> monetaryItemType </entity type> <context> On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. </context> | us-gaap:DebtInstrumentFaceAmount |
On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. | text | 125 | monetaryItemType | text: <entity> 125 </entity> <entity type> monetaryItemType </entity type> <context> On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. </context> | us-gaap:DebtInstrumentFaceAmount |
On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. | text | 525 | monetaryItemType | text: <entity> 525 </entity> <entity type> monetaryItemType </entity type> <context> On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. </context> | us-gaap:DebtInstrumentFaceAmount |
On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. | text | 1.375 | percentItemType | text: <entity> 1.375 </entity> <entity type> percentItemType </entity type> <context> On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. </context> | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. | text | 0.375 | percentItemType | text: <entity> 0.375 </entity> <entity type> percentItemType </entity type> <context> On April 16, 2024, the Utility amended its existing term loan agreement to combine its $ 400 million 2-year tranche loan maturing April 19, 2024 and its $ 125 million 364-day tranche loan maturing April 16, 2024 into a single loan of $ 525 million maturing April 15, 2025. The loan bears interest based on the Utility’s election of either (1) Term SOFR (plus a 0.10 % credit spread adjustment) plus an applicable margin of 1.375 % or (2) the alternative base rate plus an applicable margin of 0.375 %. </context> | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
On August 1, 2024, PG&E Recovery Funding LLC issued approximately $ 1.42 billion of senior secured recovery bonds. The senior secured recovery bonds were issued in three tranches: (1) approximately $ 300 million with an interest rate of 4.838 % due June 1, 2035, (2) approximately $ 373 million with an interest rate of 5.231 % due June 1, 2042, and (3) approximately $ 746 million with an interest rate of 5.529 % due June 1, 2051. The payment dates for the senior secured recovery bonds are June 1 and December 1 of each year, commencing on June 1, 2025 and continuing until the final repayment date. PG&E Recovery Funding LLC and the Utility entered into certain agreements in connection with the issuance of the senior secured recovery bonds, including (1) the Recovery Property Servicing Agreement (“the Servicing Agreement”), (2) the Recovery Property Purchase and Sale Agreement (the “Sale Agreement”), and (3) the Administration Agreement (the “Administration Agreement”), each dated as of August 1, 2024. | text | 1.42 | monetaryItemType | text: <entity> 1.42 </entity> <entity type> monetaryItemType </entity type> <context> On August 1, 2024, PG&E Recovery Funding LLC issued approximately $ 1.42 billion of senior secured recovery bonds. The senior secured recovery bonds were issued in three tranches: (1) approximately $ 300 million with an interest rate of 4.838 % due June 1, 2035, (2) approximately $ 373 million with an interest rate of 5.231 % due June 1, 2042, and (3) approximately $ 746 million with an interest rate of 5.529 % due June 1, 2051. The payment dates for the senior secured recovery bonds are June 1 and December 1 of each year, commencing on June 1, 2025 and continuing until the final repayment date. PG&E Recovery Funding LLC and the Utility entered into certain agreements in connection with the issuance of the senior secured recovery bonds, including (1) the Recovery Property Servicing Agreement (“the Servicing Agreement”), (2) the Recovery Property Purchase and Sale Agreement (the “Sale Agreement”), and (3) the Administration Agreement (the “Administration Agreement”), each dated as of August 1, 2024. </context> | us-gaap:DebtInstrumentFaceAmount |
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