Company: SREA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001032208-25-000048
Chunk: 2

Company: SEMPRA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 2
---
1)— (1)Comprehensive income, after preferred dividends of subsidiary$1,563 $(223)$1,340 $41 $1,381 2024:    Net income$1,579 $(42)$1,537 $215 $1,752 Other comprehensive income (loss):     Foreign currency translation adjustments(13)— (13)(6)(19)Financial instruments48 (16)32 169 201 Pension and other postretirement benefits13 (3)10 — 10 Total other comprehensive income 48 (19)29 163 192 Comprehensive income1,627 (61)1,566 378 1,944 Preferred dividends of subsidiary(1)— (1)— (1)Comprehensive income, after preferred dividends of subsidiary$1,626 $(61)$1,565 $378 $1,943 

See Notes to Condensed Consolidated Financial Statements.

10

Table of Contents

SEMPRACONDENSED CONSOLIDATED BALANCE SHEETS(Dollars in millions)June 30,December 31, 20252024(1) (unaudited)ASSETS Current assets: Cash and cash equivalents$155 $1,565 Restricted cash25 21 Accounts receivable – trade, net1,612 1,983 Accounts receivable – other, net433 397 Due from unconsolidated affiliates3 13 Income taxes receivable148 90 Inventories625 559 Prepaid expenses157 255 Regulatory assets343 60 Fixed-price contracts and other derivatives142 91 Greenhouse gas allowances217 217 Assets held for sale273 — Other current assets36 34 Total current assets4,169 5,285 Other assets: Restricted cash3 3 Regulatory assets4,196 3,937 Greenhouse gas allowances1,229 845 Nuclear decommissioning trusts878 875 Dedicated assets in support of certain benefit plans591 585 Deferred income taxes159 172 Right-of-use assets – operating leases1,152 1,177 Investment in Oncor Holdings16,402 15,400 Other investments2,586 2,534 Goodwill1,602 1,602 Other intangible assets279 292 Wildfire fund255