Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 349

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 349
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116 Other current liabilities215 216 Total current liabilities1,987 2,597 Long-term debt and finance leases 10,018 9,453 Deferred credits and other liabilities:Regulatory liabilities2,701 2,534 Greenhouse gas obligations62 — Pension obligation, net of plan assets28 79 Deferred income taxes3,211 2,873 Asset retirement obligations803 778 Deferred credits and other1,399 969 Total deferred credits and other liabilities8,204 7,233 Commitments and contingencies (Note 15)Shareholder’s equity:Preferred stock (45,000,000 shares authorized; none issued)— — Common stock (255,000,000 shares authorized; 116,583,358 shares outstanding;no par value)1,660 1,660 Retained earnings8,916 8,250 Accumulated other comprehensive income (loss)(12)(8)Total shareholder’s equity10,564 9,902 Total liabilities and shareholder’s equity$30,773 $29,185 

See Notes to Financial Statements.

2024 Form 10-K  |  F-18

SAN DIEGO GAS & ELECTRIC COMPANYSTATEMENTS OF CASH FLOWS(Dollars in millions) Years ended December 31, 202420232022CASH FLOWS FROM OPERATING ACTIVITIESNet income$891 $936 $915 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization1,223 1,098 982 Deferred income taxes and investment tax credits169 135 93 Bad debt expense55 112 46 Other(14)(35)(34)Net change in working capital components:Accounts receivable92 (213)(163)Due to/from unconsolidated affiliates, net(14)(62)38 Income taxes receivable/payable, net209 (236)9 Inventories(49)(19)(11)Other current assets(21)(17)(80)Accounts payable(32)31 153 Regulatory balancing accounts, net(429)571 (10)Other current liabilities(21)129 62 Changes in noncurrent assets and liabilities, net14 (494)(271)Net cash provided by operating activities2,073 1,936 1,729 CASH FLOWS FROM INVESTING ACT