Company: SREA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001032208-25-000048
Chunk: 12

Company: SEMPRA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 12
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Income tax expense(6)(10)(44)(53)Net income85 131 528 490 Preferred dividends(1)(1)(1)(1)Earnings attributable to common shares$84 $130 $527 $489 

See Notes to Condensed Financial Statements.

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SOUTHERN CALIFORNIA GAS COMPANYCONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(Dollars in millions) PretaxamountIncome tax expenseNet-of-taxamount (unaudited) Three months ended June 30, 2025 and 20242025:   Net income$91 $(6)$85 Other comprehensive income (loss):Pension and other postretirement benefits1 — 1 Total other comprehensive income 1 — 1 Comprehensive income$92 $(6)$86 2024:   Net income$141 $(10)$131 Other comprehensive income (loss):Financial instruments1 — 1 Total other comprehensive income1 — 1 Comprehensive income$142 $(10)$132 Six months ended June 30, 2025 and 20242025:   Net income$572 $(44)$528 Other comprehensive income (loss):Pension and other postretirement benefits3 — 3 Total other comprehensive income3 — 3 Comprehensive income$575 $(44)$531 2024:   Net income$543 $(53)$490 Other comprehensive income (loss):Financial instruments1 — 1 Pension and other postretirement benefits1 — 1 Total other comprehensive income2 — 2 Comprehensive income$545 $(53)$492 

See Notes to Condensed Financial Statements.

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SOUTHERN CALIFORNIA GAS COMPANYCONDENSED BALANCE SHEETS(Dollars in millions) June 30,December 31,20252024(1) (unaudited) ASSETS  Current assets:  Cash and cash equivalents$— $12 Accounts receivable – trade, net610 932 Accounts receivable – other, net56 71 Due from unconsolidated affiliates2 16 Inventories268 287 Regulatory assets166 42 Greenhouse gas allowances178 176 Other current assets55 71 Total current assets