◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

PORTLAND GENERAL ELECTRIC CO /OR/ CIK: 784977 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0000784977-23-000066
Period End Date 20230331
Filing Date 20230428
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance por-20230331_htm.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 line items
Line Item Tag Value Unit Period
Preferred stock, no par value PreferredStockNoParValue - USD Point-in-time
Preferred stock, no par value PreferredStockNoParValue - USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 30.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 30.00M shares Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $110.00M USD Point-in-time
Preferred stock, issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $52.00M USD Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $165.00M USD Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.00M USD Point-in-time
Preferred stock, issued PreferredStockSharesIssued 0.00 shares Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $398.00M USD Point-in-time
Preferred stock, outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $362.00M USD Point-in-time
Common stock, no par value CommonStockNoParValue - USD Point-in-time
Inventories EnergyRelatedInventory $95.00M USD Point-in-time
Common stock, no par value CommonStockNoParValue - USD Point-in-time
Inventories EnergyRelatedInventory $95.00M USD Point-in-time
Regulatory assets - current RegulatoryAssetsCurrent $65.00M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 160.00M shares Point-in-time
Regulatory assets - current RegulatoryAssetsCurrent $54.00M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 160.00M shares Point-in-time
Other current assets OtherAssetsCurrent $232.00M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 89.28M shares Point-in-time
Other current assets OtherAssetsCurrent $498.00M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 96.62M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 96.62M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 89.28M shares Point-in-time
Total current assets AssetsCurrent $766.00M USD Point-in-time
Total current assets AssetsCurrent $1.21B USD Point-in-time
Electric utility plant, net PublicUtilitiesPropertyPlantAndEquipmentNet $8.46B USD Point-in-time
Electric utility plant, net PublicUtilitiesPropertyPlantAndEquipmentNet $8.61B USD Point-in-time
Regulatory assets - noncurrent RegulatoryAssetsNoncurrent $473.00M USD Point-in-time
Regulatory assets - noncurrent RegulatoryAssetsNoncurrent $481.00M USD Point-in-time
Nuclear decommissioning trust DecommissioningFundInvestments $38.00M USD Point-in-time
Nuclear decommissioning trust DecommissioningFundInvestments $39.00M USD Point-in-time
Non-qualified benefit plan trust AssetsHeldInTrustNoncurrent $38.00M USD Point-in-time
Non-qualified benefit plan trust AssetsHeldInTrustNoncurrent $38.00M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $217.00M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $234.00M USD Point-in-time
Total assets Assets $10.15B USD Point-in-time
Total assets Assets $10.46B USD Point-in-time
Accounts payable AccountsPayableCurrent $457.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $242.00M USD Point-in-time
Liabilities from price risk mangement activities - current DerivativeLiabilitiesCurrent $100.00M USD Point-in-time
Liabilities from price risk mangement activities - current DerivativeLiabilitiesCurrent $118.00M USD Point-in-time
Short-term debt ShortTermBorrowings $68.00M USD Point-in-time
Short-term debt ShortTermBorrowings - USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $260.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent - USD Point-in-time
Current portion of finance lease obligation FinanceLeaseLiabilityCurrent $20.00M USD Point-in-time
Current portion of finance lease obligation FinanceLeaseLiabilityCurrent $20.00M USD Point-in-time
Accrued expenses and other current liabilities OtherLiabilitiesCurrent $321.00M USD Point-in-time
Accrued expenses and other current liabilities OtherLiabilitiesCurrent $641.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $751.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.50B USD Point-in-time
Long-term debt, net of current portion LongTermDebtNoncurrent $3.39B USD Point-in-time
Long-term debt, net of current portion LongTermDebtNoncurrent $3.48B USD Point-in-time
Regulatory liabilities-noncurrent RegulatoryLiabilityNoncurrent $1.39B USD Point-in-time
Regulatory liabilities-noncurrent RegulatoryLiabilityNoncurrent $1.40B USD Point-in-time
Deferred income taxes DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent $447.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent $439.00M USD Point-in-time
Unfunded status of pension and psotretirement plans DefinedBenefitPlanFundedStatusOfPlan $-170.00M USD Point-in-time
Unfunded status of pension and psotretirement plans DefinedBenefitPlanFundedStatusOfPlan $-170.00M USD Point-in-time
Liabilities from price risk management activities-noncurrent DerivativeLiabilitiesNoncurrent $75.00M USD Point-in-time
Liabilities from price risk management activities-noncurrent DerivativeLiabilitiesNoncurrent $70.00M USD Point-in-time
Asset retirement obligations AssetRetirementObligation $257.00M USD Point-in-time
Asset retirement obligations AssetRetirementObligation $250.00M USD Point-in-time
Non-qualified benefit plan liabilities OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $81.00M USD Point-in-time
Non-qualified benefit plan liabilities OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $83.00M USD Point-in-time
Finance lease obligations, net of current portion FinanceLeaseLiabilityNoncurrent $293.00M USD Point-in-time
Finance lease obligations, net of current portion FinanceLeaseLiabilityNoncurrent $294.00M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $94.00M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $91.00M USD Point-in-time
Total liabilities Liabilities $7.04B USD Point-in-time
Total liabilities Liabilities $7.68B USD Point-in-time
Commitments and contingencies (see notes) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see notes) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, no par value, 30,000,000 shares authorized; none issued and outstanding as of June 30, 2022 and December 31, 2021 PreferredStockValue - USD Point-in-time
Preferred stock, no par value, 30,000,000 shares authorized; none issued and outstanding as of June 30, 2022 and December 31, 2021 PreferredStockValue - USD Point-in-time
Common stock, no par value, 160,000,000 shares authorized; 89,242,672 and 89,410,612 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively CommonStockValue $1.25B USD Point-in-time
Common stock, no par value, 160,000,000 shares authorized; 89,242,672 and 89,410,612 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively CommonStockValue $1.55B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.53B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.57B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.71B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.78B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.11B USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.71B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $10.15B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $10.46B USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Revenue, net RevenueFromContractWithCustomerIncludingAssessedTax $745.00M USD 1 Quarter
Revenue, net RevenueFromContractWithCustomerIncludingAssessedTax $625.00M USD 1 Quarter
Alternative revenue programs, net of amortization ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice $3.00M USD 1 Quarter
Alternative revenue programs, net of amortization ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice $1.00M USD 1 Quarter
Total revenues Revenues $748.00M USD 1 Quarter
Total revenues Revenues $626.00M USD 1 Quarter
Purchased power and fuel UtilitiesOperatingExpensePurchasedPower $304.00M USD 1 Quarter
Purchased power and fuel UtilitiesOperatingExpensePurchasedPower $202.00M USD 1 Quarter
Generation, transmission and distribution UtilitiesOperatingExpenseMaintenanceAndOperations $93.00M USD 1 Quarter
Generation, transmission and distribution UtilitiesOperatingExpenseMaintenanceAndOperations $90.00M USD 1 Quarter
Administrative and other GeneralAndAdministrativeExpense $80.00M USD 1 Quarter
Administrative and other GeneralAndAdministrativeExpense $89.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $111.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $99.00M USD 1 Quarter
Taxes other than income taxes TaxesExcludingIncomeAndExciseTaxes $43.00M USD 1 Quarter
Taxes other than income taxes TaxesExcludingIncomeAndExciseTaxes $40.00M USD 1 Quarter
Total operating expenses CostsAndExpenses $631.00M USD 1 Quarter
Total operating expenses CostsAndExpenses $520.00M USD 1 Quarter
Income from operations OperatingIncomeLoss $117.00M USD 1 Quarter
Income from operations OperatingIncomeLoss $106.00M USD 1 Quarter
Interest expense, net InterestExpense $38.00M USD 1 Quarter
Interest expense, net InterestExpense $44.00M USD 1 Quarter
Allowance for equity funds used during construction PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity $3.00M USD 1 Quarter
Allowance for equity funds used during construction PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity $3.00M USD 1 Quarter
Miscellaneous income (loss), net OtherNonoperatingIncomeExpense - USD 1 Quarter
Miscellaneous income (loss), net OtherNonoperatingIncomeExpense $12.00M USD 1 Quarter
Other income, net NonoperatingIncomeExpense $3.00M USD 1 Quarter
Other income, net NonoperatingIncomeExpense $15.00M USD 1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $71.00M USD 1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $88.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $11.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $14.00M USD 1 Quarter
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $74.00M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $74.00M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $60.00M USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 89.40M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 91.84M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 89.53M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 92.57M shares 1 Quarter
Basic EarningsPerShareBasic $0.81 USD 1 Quarter
Basic EarningsPerShareBasic $0.67 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.67 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.80 USD 1 Quarter
Cash Flow Statement 77 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $74.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $111.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $99.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $4.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $4.00M USD 1 Quarter
Pension and other postretirement benefits PensionAndOtherPostretirementBenefitExpense $1.00M USD 1 Quarter
Pension and other postretirement benefits PensionAndOtherPostretirementBenefitExpense $3.00M USD 1 Quarter
Allowance for equity funds used during construction PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity $3.00M USD 1 Quarter
Allowance for equity funds used during construction PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity $3.00M USD 1 Quarter
Decoupling mechanism deferrals, net of amortization DecouplingMechanismDeferralsNet $-1.00M USD 1 Quarter
Decoupling mechanism deferrals, net of amortization DecouplingMechanismDeferralsNet $-3.00M USD 1 Quarter
2020 Labor Day wildfire earnings test reserve A2020LaborDayWildfireEarningsTestReserve - USD 1 Quarter
2020 Labor Day wildfire earnings test reserve A2020LaborDayWildfireEarningsTestReserve $15.00M USD 1 Quarter
Other non-cash income and expenses, net OtherNoncashIncomeExpense $-10.00M USD 1 Quarter
Other non-cash income and expenses, net OtherNoncashIncomeExpense $-15.00M USD 1 Quarter
Decrease in accounts receivable, net IncreaseDecreaseInReceivables $-21.00M USD 1 Quarter
Decrease in accounts receivable, net IncreaseDecreaseInReceivables $-34.00M USD 1 Quarter
(Increase) in inventories IncreaseDecreaseInInventories - USD 1 Quarter
(Increase) in inventories IncreaseDecreaseInInventories $-6.00M USD 1 Quarter
(Increase)/decrease in margin deposits IncreaseDecreaseInMarginDepositsOutstanding $-23.00M USD 1 Quarter
(Increase)/decrease in margin deposits IncreaseDecreaseInMarginDepositsOutstanding $-86.00M USD 1 Quarter
(Decrease) in accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayable $-174.00M USD 1 Quarter
(Decrease) in accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayable $-44.00M USD 1 Quarter
Increase (Decrease) in Other Accounts Payable and Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $-140.00M USD 1 Quarter
Increase (Decrease) in Other Accounts Payable and Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $99.00M USD 1 Quarter
Other working capital items, net IncreaseDecreaseInOtherOperatingCapitalNet $27.00M USD 1 Quarter
Other working capital items, net IncreaseDecreaseInOtherOperatingCapitalNet $27.00M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingAssets $11.00M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingAssets $14.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $249.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $-39.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $167.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $274.00M USD 1 Quarter
Sales of Nuclear decommissioning trust securities ProceedsFromSaleMaturityAndCollectionsOfInvestments $2.00M USD 1 Quarter
Sales of Nuclear decommissioning trust securities ProceedsFromSaleMaturityAndCollectionsOfInvestments - USD 1 Quarter
Purchases of Nuclear decommissioning trust securities PaymentsToAcquireInvestments - USD 1 Quarter
Purchases of Nuclear decommissioning trust securities PaymentsToAcquireInvestments $2.00M USD 1 Quarter
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $2.00M USD 1 Quarter
Proceeds from Sale of Property, Plant, and Equipment ProceedsFromSaleOfPropertyPlantAndEquipment $12.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $4.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-1.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-276.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-154.00M USD 1 Quarter
Payments on long-term debt RepaymentsOfLongTermDebt - USD 1 Quarter
Payments on long-term debt RepaymentsOfLongTermDebt $260.00M USD 1 Quarter
Proceeds from Issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Proceeds from Issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $100.00M USD 1 Quarter
Issuance of commercial paper, net ProceedsFromRepaymentsOfCommercialPaper - USD 1 Quarter
Issuance of commercial paper, net ProceedsFromRepaymentsOfCommercialPaper $68.00M USD 1 Quarter
Proceeds from failed sale-leaseback transactions ProceedsFromFailedSaleLeasebackTransactions - USD 1 Quarter
Proceeds from failed sale-leaseback transactions ProceedsFromFailedSaleLeasebackTransactions $25.00M USD 1 Quarter
Dividends paid PaymentsOfDividends $38.00M USD 1 Quarter
Dividends paid PaymentsOfDividends $40.00M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $18.00M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-6.00M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-6.00M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-37.00M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $162.00M USD 1 Quarter
Increase (Decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $58.00M USD 1 Quarter
Increase (Decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-153.00M USD 1 Quarter
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $110.00M USD Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $52.00M USD Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $165.00M USD Point-in-time
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.00M USD Point-in-time
Cash paid for interest, net of amounts capitalized InterestPaidNet $18.00M USD 1 Quarter
Cash paid for interest, net of amounts capitalized InterestPaidNet $22.00M USD 1 Quarter
Cash paid for income taxes, net IncomeTaxesPaidNet $2.00M USD 1 Quarter
Cash paid for income taxes, net IncomeTaxesPaidNet $2.00M USD 1 Quarter
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability $29.00M USD 1 Quarter
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability - USD 1 Quarter
Proceeds from Issuance or Sale of Equity ProceedsFromIssuanceOrSaleOfEquity $300.00M USD 1 Quarter
Increase (Decrease) in Other Regulatory Assets IncreaseDecreaseInOtherRegulatoryAssets $15.00M USD 1 Quarter
Increase (Decrease) in Other Regulatory Assets IncreaseDecreaseInOtherRegulatoryAssets $6.00M USD 1 Quarter
Increase (Decrease) in Regulatory Liabilities IncreaseDecreaseInRegulatoryLiabilities $8.00M USD 1 Quarter
Increase (Decrease) in Regulatory Liabilities IncreaseDecreaseInRegulatoryLiabilities $5.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...