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Item 6. SELECTED FINANCIAL DATA

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Item 6. SELECTED FINANCIAL DATA

(in millions, except per share amounts)20182017201620152014
PG&E Corporation
For the Year
Operating revenues$16,759$17,135$17,666$16,833$17,090
Operating income (loss)(9,700)2,9562,1771,5082,450
Net income (loss)(6,837)1,6601,4078881,450
Net earnings (loss) per common share, basic (1)(13.25)3.212.791.813.07
Net earnings (loss) per common share, diluted(13.25)3.212.781.793.06
Dividends declared per common share (2)—1.551.931.821.82
At Year-End
Common stock price per share$23.75$44.83$60.77$53.19$53.24
Total assets (3)76,99568,01268,59863,23460,228
Long-term debt (excluding current portion)—17,75316,22015,92515,151
Capital lease obligations (excluding current portion) (3)918314969
Pacific Gas and Electric Company
For the Year
Operating revenues$16,760$17,138$17,667$16,833$17,088
Operating income (loss)(9,699)2,9002,1811,5112,452
Income (loss) available for common stock(6,832)1,6771,3888481,419
At Year-End
Total assets76,47167,88468,37463,03759,964
Long-term debt (excluding current portion)—17,40315,87215,57714,799
Capital lease obligations (excluding current portion) (3)918314969

(1) See “Overview – Summary of Changes in Net Income and Earnings per Share” in Item 7. MD&A.

(2) Information about the frequency and amount of dividends and restrictions on the payment of dividends is set forth in “Liquidity and Financial Resources – Dividends” in Item 7. MD&A and in PG&E Corporation’s Consolidated Statements of Equity, the Utility’s Consolidated Statements of Shareholders’ Equity, and Note 5 of the Notes to the Consolidated Financial Statements in Item 8.

(3) The capital lease obligations amounts are included in noncurrent liabilities -- other in PG&E's Corporation's and the Utility's Consolidated Balance Sheets.

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