Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 458

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 458
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modity contracts subject to rate recovery$9 $8 $(18)$(9)Associated offsetting commodity contracts(5)(2)5 2 Associated offsetting cash collateral— — 12 7 Net amounts presented on the balance sheet4 6 (1)— Additional cash collateral for commodity contractssubject to rate recovery21 — — — Total(2)$25 $6 $(1)$— SoCalGas:    Derivatives not designated as hedging instruments:    Commodity contracts subject to rate recovery$1 $— $(210)$— Net amounts presented on the balance sheet1 — (210)— Additional cash collateral for commodity contractssubject to rate recovery1 — — — Total$2 $— $(210)$— (1)    Included in Other Current Assets for SDG&E and SoCalGas.(2)    Normal purchase contracts previously measured at fair value are excluded.

2024 Form 10-K  |  F-103

The following table includes the effects of derivative instruments designated as hedges on the Consolidated Statements of Operations and in OCI and AOCI.HEDGE IMPACTS(Dollars in millions) Pretax gain (loss) recognized in OCI Pretax gain (loss) reclassifiedfrom AOCI into earnings Years ended December 31, Years ended December 31, 202420232022Location202420232022Sempra:      Cash flow hedges:Interest rate instruments$36 $45 $40 Interest expense$11 $(1)$(1)Interest rate instruments21 20 205 Equity earnings(1)23 48 (29)Foreign exchange instruments14 (2)(8)Revenues: Energy-related businesses5 (1)1 Other income, net2 (2)(1)Foreign exchange instruments12 (3)(5)Equity earnings(1)6 (2)— Interest rate and foreign exchange instruments— 7 25 Interest expense— 1 2 Other income, net— 6 12 Fair value hedges:Foreign exchange instruments2 — — Equity earnings(1)— — — Total$85 $67 $257  $47 $49 $(16)SoCalGas:      Cash flow hedges:Interest