Company: SREA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001032208-25-000027
Chunk: 2

Company: SEMPRA
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 2
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)    Derived from audited financial statements.

See Notes to Condensed Consolidated Financial Statements.

11

Table of Contents

SEMPRACONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)(Dollars in millions)March 31,December 31, 20252024(1) (unaudited)LIABILITIES AND EQUITY Current liabilities: Short-term debt$2,113 $2,016 Accounts payable – trade1,976 2,238 Accounts payable – other179 208 Dividends and interest payable909 773 Accrued compensation and benefits398 558 Regulatory liabilities490 141 Current portion of long-term debt and finance leases2,331 2,274 Greenhouse gas obligations218 217 Other current liabilities1,320 1,251 Total current liabilities9,934 9,676 Long-term debt and finance leases33,286 31,558 Deferred credits and other liabilities: Due to unconsolidated affiliates 355 352 Regulatory liabilities 3,847 3,817 Greenhouse gas obligations755 506 Pension and other postretirement benefit plan obligations, net of plan assets188 168 Deferred income taxes5,988 5,845 Asset retirement obligations3,751 3,737 Deferred credits and other2,704 2,708 Total deferred credits and other liabilities17,588 17,133 Commitments and contingencies (Note 12)Equity: Preferred stock (50,000,000 shares authorized; 900,000 shares of series C outstanding)889 889 Common stock (1,125,000,000 shares authorized; 651,930,398 and 650,629,876 sharesoutstanding at March 31, 2025 and December 31, 2024, respectively; no par value)13,484 13,520 Retained earnings17,465 16,979 Accumulated other comprehensive income (loss)(195)(166)Total Sempra shareholders’ equity31,643 31,222 Preferred stock of subsidiary20 20 Other noncontrolling interests6,539 6,546 Total equity38,202 37,788 Total liabilities and equity$99,010 $96,155 

(1)    Derived from audited financial statements.

See Notes to Condensed Consolidated