Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 403

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 403
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 its investments in Mexico, any of which could have a material adverse impact on Sempra’s business, results of operations, financial condition, cash flow and/or prospects.

SOURCES AND USES OF CASH

The following tables include only significant changes in cash flow activities for each of the Registrants.

CASH FLOWS FROM OPERATING ACTIVITIES(Dollars in millions)Nine months ended September 30,SempraSDG&ESoCalGas2025$3,376 $1,343 $1,426 20243,542 1,443 1,370 Change$(166)$(100)$56 Change in regulatory accounts, current and noncurrent$(534)$(215)$(319)Change in accounts receivable(331)(133)(58)Increase in income taxes payable, net(92)Change in net margin posted, current and noncurrent(84)Change in inventories(32)Change in GHG obligations, current and noncurrent23 42 Higher accruals in interest payable50 17 Customer’s early termination of firm transportation agreements52 Higher net income, adjusted for noncash items included in earnings87 68 71 Change in accrued franchise fees92 76 16 Change in GHG allowances, current and noncurrent105 86 41 Change in fixed-price contracts and other derivatives, current and noncurrent134 133 Higher distributions from Oncor Holdings158 Change in accounts payable183 28 130 Other(9)5  $(166)$(100)$56 

132

CASH FLOWS FROM INVESTING ACTIVITIES(Dollars in millions)Nine months ended September 30,Sempra SDG&ESoCalGas2025$(8,605)$(1,762)$(1,523)2024(6,296)(1,793)(1,491)Change$(2,309)$31 $(32)(Increase) decrease in capital expenditures$(1,436)$27 $(32)Higher contributions to Oncor Holdings(912)Other39 4  $(2,309)$31 $(32)

CASH FLOWS FROM FINANCING ACTIVITIES (Dollars in millions)Nine months ended September 30,SempraSDG&ESoCalGas2025$6,661 $419 $85 20243,066 315 121 Change$3,595 $104 $(36)