Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 37

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 37
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 6 Expected return on assets(35)(33)(6)(7)Amortization of:Actuarial loss (gain)3 6 (1)(1)Special termination benefits— — 17 — Net periodic benefit cost 32 34 17 — Regulatory adjustments(6)(7)(14)— Total expense recognized$26 $27 $3 $— SoCalGas:Service cost$57 $59 $7 $8 Interest cost84 78 22 21 Expected return on assets(89)(90)(42)(45)Amortization of:Prior service cost (credit)3 3 (2)(2)Actuarial loss (gain)2 1 (7)(10)Settlement charges10 — — — Special termination benefits— — 23 — Net periodic benefit cost (credit)67 51 1 (28)Regulatory adjustments31 28 (1)28 Total expense recognized$98 $79 $— $— Benefit Plan ContributionsThe following table shows our year-to-date contributions to pension and PBOP plans and the amounts we expect to contribute in 2025.BENEFIT PLAN CONTRIBUTIONS(Dollars in millions)SempraSDG&ESoCalGasContributions through September 30, 2025:Pension plans$158 $26 $110 PBOP plans2— 1Total expected contributions in 2025:Pension plans$292 $56 $196 PBOP plans16131 

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OTHER INCOME, NETOther Income, Net, consists of the following:OTHER INCOME (EXPENSE), NET(Dollars in millions) Three months ended September 30,Nine months ended September 30, 2025202420252024Sempra: Allowance for equity funds used during construction$43 $39 $130 $114 Investment gains, net(1)22 29 47 48 (Losses) gains on interest rate and foreign exchange instruments, net(1)1 (2)2 Foreign currency transaction gains (losses), net4 (5)10 (6)Non-service components of net periodic benefit cost(40)(21)(48)(25)Interest on regulatory balancing accounts, net29 26 70 68 Sundry, net(8)(4