Company: SREA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001032208-25-000048
Chunk: 88

Company: SEMPRA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 88
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 3,034 Adjustments— 1Intersegment eliminations(20)(24)Revenues$3,000 $3,011 Six months ended June 30, 2025Six months ended June 30, 2024Revenues from external customers:Utilities$5,899 $44 $5,725 $48 Energy-related businesses— 438 — 408 Total revenues from external customers(1)5,899 482 $6,381 5,725 456 $6,181 Other revenues(2):Utilities(21)— 31 — Energy-related businesses— 442 — 439 Total other revenues(21)442 421 31 439 470 Intersegment revenues(3):Utilities13 — 10 — Energy-related businesses— 32 — 33 Total intersegment revenues13 32 45 10 33 43 Segment revenues$5,891 $956 6,847 $5,766 $928 6,694 Intersegment eliminations(45)(43)Revenues$6,802 $6,651 (1)    We did not have revenues from transactions with a single external customer that amounted to 10% or more of Sempra’s total revenues.(2)    See “Revenues from Sources Other Than Contracts with Customers” in Note 3 of the Notes to Consolidated Financial Statements in the Annual Report for a description of this revenue source, which may be additive or subtractive from period to period.(3)    See “Transactions with Affiliates” in Note 1 of the Notes to Consolidated Financial Statements in the Annual Report for a description of services provided by one operating segment to another operating segment within Sempra.

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SDG&ESDG&E is a regulated public utility that provides electric service to San Diego and southern Orange counties and natural gas service to San Diego County. SDG&E has one operating and reportable segment. In connection with certain organizational changes, effective July 5, 2025, SDG&E’s president assumed the responsibilities of the CODM. The CODM utilizes earnings attributable to common shares to manage the business, assess performance and allocate resources. SDG&E’s CODM was previously its chief executive officer.Total assets at SDG&E were $31.9 billion and $30.8 billion at June 30, 2025 and December