Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 328

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 328
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 to fund SONGS decommissioning costs for Units 2 and 3. In January 2025, the CPUC granted SDG&E authorization to access NDT funds of up to $66 million for forecasted 2025 costs.

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Nuclear Decommissioning TrustsThe following table shows the fair values and gross unrealized gains and losses for the securities held in the NDT on the Sempra and SDG&E Condensed Consolidated Balance Sheets. We provide additional fair value disclosures for the NDT in Note 9.NUCLEAR DECOMMISSIONING TRUSTS(Dollars in millions) CostGrossunrealizedgainsGrossunrealizedlossesEstimatedfairvalueSeptember 30, 2025Short-term investments, primarily cash equivalents$21 $— $— $21 Equity securities69 225 (2)292 Debt securities:    Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies(1)53 1 — 54 Municipal bonds(2)299 3 (6)296 Other securities(3)252 5 (3)254 Total debt securities604 9 (9)604 Receivables (payables), net(20)— — (20)Total$674 $234 $(11)$897 December 31, 2024Short-term investments, primarily cash equivalents$10 $— $— $10 Equity securities78 223 (3)298 Debt securities:    Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies67 1 (1)67 Municipal bonds295 1 (9)287 Other securities234 2 (8)228 Total debt securities596 4 (18)582 Receivables (payables), net(15)— — (15)Total$669 $227 $(21)$875 (1)    Maturity dates are 2025-2056.(2)    Maturity dates are 2025-2065.(3)    Maturity dates are 2025-2070.The following table shows the proceeds from sales of securities in the NDT and gross realized gains and losses on those sales.SALES OF SECURITIES IN THE NUCLEAR DECOMMISSIONING