Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 462

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 462
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 millions) Fair value at December 31, 2024 Level 1Level 2Level 3Netting(1)TotalSempra:Assets: Nuclear decommissioning trusts: Short-term investments, primarily cash equivalents$8 $2 $— $10 Equity securities295 3 — 298 Debt securities: Debt securities issued by the U.S. Treasury and otherU.S. government corporations and agencies41 26 — 67 Municipal bonds— 287 — 287 Other securities— 228 — 228 Total debt securities41 541 — 582 Total nuclear decommissioning trusts(2)344 546 — 890 Short-term investments held in Rabbi Trust64 — — 64 Support Agreement, net of related guarantee fees— — 25 25 Interest rate instruments— 293 — $— 293 Foreign exchange instruments— 5 — — 5 Commodity contracts not subject to rate recovery— 39 — 2 41 Commodity contracts subject to rate recovery6 1 4 18 29 Total$414 $884 $29 $20 $1,347 Liabilities: Commodity contracts not subject to rate recovery$1 $63 $— $(38)$26 Commodity contracts subject to rate recovery20 45 — (21)44 Total$21 $108 $— $(59)$70 Fair value at December 31, 2023Sempra:Assets:Nuclear decommissioning trusts:Short-term investments, primarily cash equivalents$19 $2 $— $21 Equity securities308 4 — 312 Debt securities:Debt securities issued by the U.S. Treasury and otherU.S. government corporations and agencies34 17 — 51 Municipal bonds— 275 — 275 Other securities— 220 — 220 Total debt securities34 512 — 546 Total nuclear decommissioning trusts(2)361 518 — 879 Short-term investments held in Rabbi Trust67 — — 67 Support Agreement, net of related guarantee fees— — 23 23 Interest rate instruments— 87 — $— 87 Commodity contracts not subject to rate recovery—