Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 515

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 515
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SEMPRACONDENSED STATEMENTS OF OPERATIONS(Dollars in millions, except per share amounts; shares in thousands) Years ended December 31, 202420232022Interest income$29 $31 $35 Interest expense(490)(444)(326)Operating expenses(105)(101)(92)Other income (expense), net25 31 (58)Income tax benefit165 134 111 Loss before equity in earnings of subsidiaries(376)(349)(330)Equity in earnings of subsidiaries, net of income taxes3,237 3,423 2,468 Net income2,861 3,074 2,138 Preferred dividends(44)(44)(44)Earnings$2,817 $3,030 $2,094 Basic EPS:Earnings$4.44 $4.81 $3.32 Weighted-average common shares outstanding633,795 630,296 630,318 Diluted EPS:Earnings$4.42 $4.79 $3.31 Weighted-average common shares outstanding637,943 632,733 632,757 See Notes to Condensed Financial Information of Parent.

2024 Form 10-K  |  S-2

SEMPRACONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(Dollars in millions) Years ended December 31, 2024, 2023 and 2022 PretaxamountIncome tax benefit (expense) Net-of-taxamount2024:   Net income$2,696 $165 $2,861 Other comprehensive income (loss):   Foreign currency translation adjustments(30)— (30)Financial instruments14 (2)12 Pension and other postretirement benefits18 (16)2 Total other comprehensive income (loss)2 (18)(16)Comprehensive income$2,698 $147 $2,845 2023:   Net income$2,940 $134 $3,074 Other comprehensive income (loss):   Foreign currency translation adjustments23 — 23 Financial instruments57 (18)39 Pension and other postretirement benefits(39)8 (31)Total other comprehensive income41 (10)31 Comprehensive income$2,981 $124 $3,105 2022: