Company: SREA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001032208-25-000048
Chunk: 7

Company: SEMPRA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 7
---
-based compensation expense11 11 11 Dividends declared:Series C preferred stock ($24.38/share)(22)(22)(22)Common stock ($1.29/share)(841)(841)(841)Preferred dividends of subsidiary(1)(1)(1)Issuances of common stock45 45 45 Repurchases of common stock(58)(58)(58)Noncontrolling interest activities:Contributions83 83 Distributions(91)(91)Balance at June 30, 2025$889 $13,518 $17,505 $(215)$31,697 $6,599 $38,296  Six months ended June 30, 2024Balance at December 31, 2023$889 $12,204 $15,732 $(150)$28,675 $4,979 $33,654 Net income1,537 1,537 215 1,752 Other comprehensive income29 29 163 192 Share-based compensation expense41 41 41 Dividends declared:Series C preferred stock ($24.38/share)(22)(22)(22)Common stock ($1.24/share)(785)(785)(785)Preferred dividends of subsidiary(1)(1)(1)Issuances of common stock45 45 45 Repurchases of common stock(40)(40)(40)Noncontrolling interest activities:Contributions786 786 Distributions(203)(203)Balance at June 30, 2024$889 $12,250 $16,461 $(121)$29,479 $5,940 $35,419 

See Notes to Condensed Consolidated Financial Statements.

16

Table of Contents

SAN DIEGO GAS & ELECTRIC COMPANYCONDENSED STATEMENTS OF OPERATIONS(Dollars in millions) Three months ended June 30,Six months ended June 30, 2025202420252024 (unaudited)Operating revenues:    Electric$1,034 $1,149 $2,098 $2,209 Natural gas228 206 584 525 Total operating revenues1,262 1,355 2,682 2,734 Operating expenses:    Cost of electric fuel and purchased power106 175 179 282 Cost of natural gas44 37 131 139 Operation and maintenance403 423