Company: SREA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001032208-25-000048
Chunk: 9

Company: SEMPRA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 9
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 Wildfire fund255 262 Other long-term assets125 133 Total other assets4,539 4,361 Property, plant and equipment:  Property, plant and equipment34,216 33,162 Less accumulated depreciation and amortization(8,375)(8,051)Property, plant and equipment, net 25,841 25,111 Total assets$31,854 $30,773 

(1)    Derived from audited financial statements.

See Notes to Condensed Financial Statements.

19

Table of Contents

SAN DIEGO GAS & ELECTRIC COMPANYCONDENSED BALANCE SHEETS (CONTINUED)(Dollars in millions) June 30,December 31,20252024(1) (unaudited) LIABILITIES AND SHAREHOLDER’S EQUITY  Current liabilities:  Short-term debt$— $417 Accounts payable768 742 Due to unconsolidated affiliates49 59 Interest payable96 84 Accrued compensation and benefits105 175 Accrued franchise fees53 54 Regulatory liabilities53 75 Current portion of long-term debt and finance leases 794 42 Greenhouse gas obligations27 27 Asset retirement obligations95 97 Other current liabilities220 215 Total current liabilities2,260 1,987 Long-term debt and finance leases 10,093 10,018 Deferred credits and other liabilities:  Regulatory liabilities2,816 2,701 Greenhouse gas obligations100 62 Pension obligation, net of plan assets40 28 Deferred income taxes3,291 3,211 Asset retirement obligations797 803 Deferred credits and other1,437 1,399 Total deferred credits and other liabilities8,481 8,204 Commitments and contingencies (Note 12)Shareholder’s equity:  Preferred stock (45,000,000 shares authorized; none issued)— — Common stock (255,000,000 shares authorized; 116,583,358 shares outstanding;no par value)1,660 1,660 Retained earnings9,372 8,916 Accumulated other comprehensive income (loss)(12)(12)Total shareholder’s equity11,020 10,564 Total liabilities and shareholder's equity$31,854 $30,773 

(1)    Derived from aud