Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 13

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 13
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$51 $574 Other comprehensive income (loss):Financial instruments1 — 1 Pension and other postretirement benefits10 (2)8 Total other comprehensive income11 (2)9 Comprehensive income$534 $49 $583 2024:   Net income$477 $(1)$476 Other comprehensive income (loss):Financial instruments1 — 1 Pension and other postretirement benefits1 — 1 Total other comprehensive income2 — 2 Comprehensive income$479 $(1)$478 

See Notes to Condensed Financial Statements.

24

SOUTHERN CALIFORNIA GAS COMPANYCONDENSED BALANCE SHEETS(Dollars in millions) September 30,December 31,20252024(1) (unaudited)ASSETS Current assets: Cash and cash equivalents$— $12 Accounts receivable – trade, net560 932 Accounts receivable – other, net73 71 Due from unconsolidated affiliates2 16 Inventories302 287 Regulatory assets287 42 Greenhouse gas allowances174 176 Other current assets115 71 Total current assets1,513 1,607 Other assets: Regulatory assets1,855 1,844 Greenhouse gas allowances954 526 Right-of-use assets – operating leases9 18 Other long-term assets608 609 Total other assets3,426 2,997 Property, plant and equipment: Property, plant and equipment30,525 29,084 Less accumulated depreciation and amortization(8,811)(8,330)Property, plant and equipment, net21,714 20,754 Total assets$26,653 $25,358 

(1)    Derived from audited financial statements.

See Notes to Condensed Financial Statements.

25

SOUTHERN CALIFORNIA GAS COMPANYCONDENSED BALANCE SHEETS (CONTINUED)(Dollars in millions) September 30,December 31,20252024(1) (unaudited)LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Short-term debt$411 $1,037 Accounts payable – trade488 752 Accounts payable – other174 158 Due to unconsolidated affiliates62 38 Accrued compensation and