Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 308

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 308
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 recovery$3 $— $(42)$(4)Associated offsetting commodity contracts(3)— 3 — Net amounts presented on the balance sheet— — (39)(4)Additional cash collateral for commodity contractssubject to rate recovery4 — — — Total$4 $— $(39)$(4)(1)    Included in Other Current Assets for SDG&E and SoCalGas.(2)    Normal purchase contracts previously measured at fair value are excluded.

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The following table includes the effects of derivative instruments designated as hedges on the Condensed Consolidated Statements of Operations and in OCI and AOCI.HEDGE IMPACTS(Dollars in millions)Pretax gain (loss)recognized in OCIPretax gain (loss) reclassified from AOCI into earningsThree months ended September 30, Three months ended September 30, 20252024Location20252024Sempra:     Cash flow hedges:Interest rate instruments$2 $(203)Interest expense$4 $3 Interest rate instruments(6)(33)Equity earnings(1)6 5 Foreign exchange instruments(1)— Revenues: Energy-related businesses(2)— Foreign exchange instruments— 2 Other income, net(1)1 Foreign exchange instruments(1)2 Equity earnings(1)(3)1 Fair value hedges:Foreign exchange instruments(5)(3)Equity earnings(1)— — Total$(11)$(235) $4 $10 SoCalGas:Cash flow hedges:Interest rate instruments$— $— Interest expense$(1)$—  Nine months ended September 30, Nine months ended September 30, 20252024Location20252024Sempra:     Cash flow hedges:Interest rate instruments$(4)$5 Interest expense$6 $9 Interest rate instruments(39)(8)Equity earnings(1)10 20 Foreign exchange instruments(11)14 Revenues: Energy-related businesses(3)5 Other income, net(2)2 Foreign exchange instruments(10)12 Equity earnings(1)(4)5 Fair value hedges:Foreign exchange instruments(30)(10)Equity earnings(1)— — Total$(94)$13  $7 $41 SoCalGas:Cash flow hedges:Interest