Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 7

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 7
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INGENTLY REDEEMABLE NONCONTROLLING INTEREST AND EQUITY(Dollars in millions) CRNCIPreferred stockCommon stockRetained earningsAOCISemprashareholders’equityNCITotalequity(unaudited)Nine months ended September 30, 2025Balance at December 31, 2024$— $889 $13,520 $16,979 $(166)$31,222 $6,566 $37,788 Net income1,485 1,485 103 1,588 Other comprehensive loss(46)(46)(5)(51)Share-based compensation expense25 25 25 Dividends declared:Series C preferred stock ($36.57/share)(29)(29)(29)Common stock ($1.94/share)(1,262)(1,262)(1,262)Redemption of preferred stock(900)(900)(900)Preferred deemed dividends11 (11)— — Preferred dividends of subsidiary(1)(1)(1)Issuances of common stock65 65 65 Repurchases of common stock(58)(58)(58)CRNCI and NCI activities: Contributions from CRNCI3,166 Investor equity subscription76 16 16 9 25 Allocation of interests(1,309)635 635 455 1,090 Contributions from NCI137 137 Distributions to NCI(131)(131)Balance at September 30, 2025$1,933 $— $14,203 $17,161 $(212)$31,152 $7,134 $38,286  Nine months ended September 30, 2024Balance at December 31, 2023$889 $12,204 $15,732 $(150)$28,675 $4,979 $33,654 Net income2,186 2,186 325 2,511 Other comprehensive loss(35)(35)(13)(48)Share-based compensation expense63 63 63 Dividends declared:Series C preferred stock ($36.57/share)(33)(33)(33)Common stock ($1.86/share)(1,177)(1,177)(1,177)Preferred dividends of subsidiary(1)(1)(1)Issuances of common stock66 66 66 Repurchases of