Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 585

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 16
Chunk 585
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 – operating leases18 29 Other long-term assets609 645 Total other assets2,997 2,451 Property, plant and equipment:  Property, plant and equipment29,084 27,025 Less accumulated depreciation and amortization(8,330)(7,852)Property, plant and equipment, net20,754 19,173 Total assets$25,358 $24,266 

See Notes to Financial Statements.

2024 Form 10-K  |  F-23

SOUTHERN CALIFORNIA GAS COMPANYBALANCE SHEETS (CONTINUED)(Dollars in millions)December 31, 20242023LIABILITIES AND SHAREHOLDERS’ EQUITY  Current liabilities:  Short-term debt$1,037 $946 Accounts payable – trade752 811 Accounts payable – other158 184 Due to unconsolidated affiliates38 38 Accrued compensation and benefits245 213 Regulatory liabilities64 103 Current portion of long-term debt and finance leases373 523 Greenhouse gas obligations176 950 Asset retirement obligations91 73 Other current liabilities451 566 Total current liabilities3,385 4,407 Long-term debt and finance leases7,031 6,288 Deferred credits and other liabilities:  Regulatory liabilities1,115 1,202 Greenhouse gas obligations410 — Pension obligation, net of plan assets45 231 Deferred income taxes2,005 1,586 Asset retirement obligations2,839 2,774 Deferred credits and other367 368 Total deferred credits and other liabilities6,781 6,161 Commitments and contingencies (Note 15)Shareholders’ equity:  Preferred stock (11,000,000 shares authorized; 862,043 shares outstanding)22 22 Common stock (100,000,000 shares authorized; 91,300,000 shares outstanding;no par value)2,316 2,316 Retained earnings5,850 5,095 Accumulated other comprehensive income (loss)(27)(23)Total shareholders’ equity8,161 7,410 Total liabilities and shareholders’ equity$25,358 $24,266 

See Notes to Financial Statements.

2024 Form 10-K  |  F-24

SOUTHERN CALIFORNIA GAS COMPANY