Company: SREA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001032208-25-000027
Chunk: 1

Company: SEMPRA
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 1
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 2024:    Net income$984 $(172)$812 $69 $881 Other comprehensive income (loss):     Foreign currency translation adjustments3 — 3 1 4 Financial instruments43 (4)39 114 153 Pension and other postretirement benefits5 (1)4 — 4 Total other comprehensive income51 (5)46 115 161 Comprehensive income$1,035 $(177)$858 $184 $1,042 

See Notes to Condensed Consolidated Financial Statements.

10

Table of Contents

SEMPRACONDENSED CONSOLIDATED BALANCE SHEETS(Dollars in millions)March 31,December 31, 20252024(1) (unaudited)ASSETS Current assets: Cash and cash equivalents$1,739 $1,565 Restricted cash20 21 Accounts receivable – trade, net2,107 1,983 Accounts receivable – other, net432 397 Due from unconsolidated affiliates15 13 Income taxes receivable66 90 Inventories568 559 Prepaid expenses227 255 Regulatory assets86 60 Fixed-price contracts and other derivatives136 91 Greenhouse gas allowances218 217 Other current assets51 34 Total current assets5,665 5,285 Other assets: Restricted cash3 3 Regulatory assets4,272 3,937 Greenhouse gas allowances1,053 845 Nuclear decommissioning trusts865 875 Dedicated assets in support of certain benefit plans566 585 Deferred income taxes194 172 Right-of-use assets – operating leases1,177 1,177 Investment in Oncor Holdings15,871 15,400 Other investments2,501 2,534 Goodwill1,602 1,602 Other intangible assets286 292 Wildfire fund258 262 Other long-term assets1,656 1,749 Total other assets30,304 29,433 Property, plant and equipment: Property, plant and equipment82,437 80,397 Less accumulated depreciation and amortization(19,396)(18,960)Property, plant and equipment, net63,041 61,437 Total assets$99,010 $96,155 

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