Washington, D.C., 20549

(Mark One)

Commission File Number 1-12609 1-2348

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549

FORM 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2019

OR

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________ to __________

Exact Name of Registrant as Specified in its Charter

State or Other Jurisdiction of Incorporation

PG&E Corporation

California

Pacific Gas and Electric Company

California

IRS Employer Identification Number

94-3234914

94-0742640

PG&E Corporation 77 Beale Street P.O. Box 770000 San Francisco,

California

94177

Pacific Gas and Electric Company

77 Beale Street

P.O. Box 770000

San Francisco,

California

Address of principal executive offices, including zip code

94177

PG&E Corporation 415 973-1000

Securities registered pursuant to Section 12(b) of the Act:

Pacific Gas and Electric Company 415 973-7000 Registrant's telephone number, including area code

Title of each class

Common stock, no par value

First preferred stock, cumulative, par value $25 per share, 5% series A redeemable

First preferred stock, cumulative, par value $25 per share, 5% redeemable

First preferred stock, cumulative, par value $25 per share, 4.80% redeemable

First preferred stock, cumulative, par value $25 per share, 4.50% redeemable

First preferred stock, cumulative, par value $25 per share, 4.36% series A redeemable

First preferred stock, cumulative, par value $25 per share, 6% nonredeemable

First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable

First preferred stock, cumulative, par value $25 per share, 5% nonredeemable

Trading Symbol(s) PCG

PCG-PE PCG-PD PCG-PG PCG-PH PCG-PI PCG-PA PCG-PB PCG-PC

Name of each exchange on which registered The New York Stock Exchange NYSE American LLC NYSE American LLC NYSE American LLC NYSE American LLC NYSE American LLC NYSE American LLC NYSE American LLC NYSE American LLC

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

PG&E Corporation:

Yes

No

Pacific Gas and Electric Company:

Yes

No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (? 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

PG&E Corporation:

Yes

No

Pacific Gas and Electric Company:

Yes

No

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Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

PG&E Corporation:

Large accelerated filer

Accelerated filer

Non-accelerated filer

Smaller reporting company

Emerging growth company

Pacific Gas and Electric Company:

Large accelerated filer

Accelerated filer

Non-accelerated filer

Smaller reporting company

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

PG&E Corporation:

Pacific Gas and Electric Company:

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). PG&E Corporation: Pacific Gas and Electric Company:

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. Common stock outstanding as of August 2, 2019: PG&E Corporation: Pacific Gas and Electric Company:

Yes No Yes No

529,223,793 264,374,809

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PG&E CORPORATION AND PACIFIC GAS AND ELECTRIC COMPANY, DEBTORS-IN- POSSESSION

FORM 10-Q FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2019

TABLE OF CONTENTS

GLOSSARY PART I. FINANCIAL INFORMATION

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS PG&E CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF INCOME CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME CONDENSED CONSOLIDATED BALANCE SHEETS CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS CONDENSED CONSOLIDATED STATEMENTS OF EQUITY PACIFIC GAS AND ELECTRIC COMPANY CONDENSED CONSOLIDATED STATEMENTS OF INCOME CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME CONDENSED CONSOLIDATED BALANCE SHEETS CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDER'S EQUITY NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) NOTE 1: ORGANIZATION AND BASIS OF PRESENTATION NOTE 2: BANKRUPTCY FILING NOTE 3: SIGNIFICANT ACCOUNTING POLICIES NOTE 4: REGULATORY ASSETS, LIABILITIES, AND BALANCING ACCOUNTS NOTE 5: DEBT NOTE 6: EQUITY NOTE 7: EARNINGS PER SHARE NOTE 8: DERIVATIVES NOTE 9: FAIR VALUE MEASUREMENTS NOTE 10: WILDFIRE-RELATED CONTINGENCIES NOTE 11: OTHER CONTINGENCIES AND COMMITMENTS NOTE 12: SUBSEQUENT EVENTS ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS OVERVIEW RESULTS OF OPERATIONS LIQUIDITY AND FINANCIAL RESOURCES ENFORCEMENT AND LITIGATION MATTERS REGULATORY MATTERS LEGISLATIVE AND REGULATORY INITIATIVES ENVIRONMENTAL MATTERS CONTRACTUAL COMMITMENTS RISK MANAGEMENT ACTIVITIES RECENT DEVELOPMENTS CRITICAL ACCOUNTING POLICIES ACCOUNTING STANDARDS ISSUED BUT NOT YET ADOPTED FORWARD-LOOKING STATEMENTS ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK ITEM 4. CONTROLS AND PROCEDURES PART II. OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS ITEM 1A. RISK FACTORS ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

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ITEM 6. EXHIBITS SIGNATURES

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