Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 68

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 68
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 — — — Additional cash collateral for commodity contractssubject to rate recovery32 — — — Total$35 $293 $7 $(72)$(63)$(6)SDG&E:    Derivatives not designated as hedging instruments:    Commodity contracts subject to rate recovery$2 $7 $(9)$(5)Associated offsetting commodity contracts— (2)— 2 Associated offsetting cash collateral— — 9 3 Net amounts presented on the balance sheet2 5 — — Additional cash collateral for commodity contractssubject to rate recovery24 — — — Total$26 $5 $— $— SoCalGas:    Derivatives not designated as hedging instruments:    Commodity contracts subject to rate recovery$4 $4 $(118)$(8)Associated offsetting commodity contracts(3)(2)3 2 Associated offsetting cash collateral— — 43 — Net amounts presented on the balance sheet1 2 (72)(6)Additional cash collateral for commodity contractssubject to rate recovery8 — — — Total$9 $2 $(72)$(6)(1)    Included in Other Current Assets for SDG&E and SoCalGas.

67

DERIVATIVE INSTRUMENTS ON THE CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)(Dollars in millions) December 31, 2024Current assets: Fixed-price contracts and other derivatives(1)Other long-term assetsOther current liabilitiesDeferred credits and otherSempra:    Derivatives designated as hedging instruments:    Interest rate instruments$7 $28 $— $— Foreign exchange instruments4 1 — — Derivatives not designated as hedging instruments:    Interest rate instruments12 246 — — Commodity contracts not subject to rate recovery16 23 (21)(43)Associated offsetting commodity contracts(15)(23)15 23 Commodity contracts subject to rate recovery7 4 (55)(10)Associated offsetting commodity contracts(5)(2)5 2 Associated offsetting cash collateral— — 10 4 Net amounts presented on the balance sheet26 277 (46)(24)Additional cash collateral for commodity