Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 269

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 269
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 subject to impairment if, among other things, Sempra Infrastructure is unable to re-route a portion of the pipeline and resume operations or if Sempra Infrastructure terminates the contract and is unable to obtain recovery.

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CAPITALIZED FINANCING COSTSThe table below summarizes capitalized financing costs, comprised of capitalized interest and AFUDC related to debt.CAPITALIZED FINANCING COSTS(Dollars in millions)Three months ended September 30,Nine months ended September 30, 2025202420252024Sempra$205 $166 $574 $466 SDG&E25 27 82 80 SoCalGas25 25 75 75 

ASSET RETIREMENT OBLIGATIONSWe discuss AROs in Note 1 of the Notes to Consolidated Financial Statements in the Annual Report. We summarize changes in AROs in the following table.CHANGES IN ASSET RETIREMENT OBLIGATIONS(Dollars in millions)SempraSDG&ESoCalGas202520242025202420252024Balance at January 1(1)$3,925 $3,831 $900 $894 $2,930 $2,847 Accretion expense(2)121 115 30 27 88 84 Liabilities incurred9 — 9 — — — Payments(48)(45)(39)(40)(9)(5)Revisions(2)50 (9)(6)— 59 (9)Reclassification to liabilities held for sale(93)— — — — — Balance at September 30(1)$3,964 $3,892 $894 $881 $3,068 $2,917 (1)    Current portion of the ARO for Sempra is included in Other Current Liabilities on the Condensed Consolidated Balance Sheets.(2)    Sempra includes activities within the disposal group that is held for sale.

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COMPREHENSIVE INCOMEThe following tables present the changes in AOCI by component and amounts reclassified out of AOCI to net income, after amounts attributable to NCI.CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT(1)(Dollars in millions) ForeigncurrencytranslationadjustmentsFinancialinstrumentsPensionand PBOPTotalAOCI Three months ended September 30,