Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 4

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 4
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203 13,520 Retained earnings17,161 16,979 Accumulated other comprehensive income (loss)(212)(166)Total Sempra shareholders’ equity31,152 31,222 Preferred stock of subsidiary20 20 Other noncontrolling interests7,114 6,546 Total equity38,286 37,788 Total liabilities, contingently redeemable noncontrolling interest, and equity$106,919 $96,155 

(1)    Derived from audited financial statements.

See Notes to Condensed Consolidated Financial Statements.

12

SEMPRACONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Dollars in millions) Nine months ended September 30, 20252024 (unaudited)CASH FLOWS FROM OPERATING ACTIVITIES  Net income $1,588 $2,511 Adjustments to reconcile net income to net cash provided by operating activities:  Depreciation and amortization1,955 1,811 Deferred income taxes and investment tax credits558 (223)Equity earnings(1,190)(1,235)Share-based compensation expense25 63 Fixed-price contracts and other derivatives133 11 Bad debt expense109 149 Other3 7 Net change in working capital components(745)55 Distributions from investments828 654 Changes in other noncurrent assets and liabilities, net112 (261)Net cash provided by operating activities3,376 3,542 CASH FLOWS FROM INVESTING ACTIVITIES  Expenditures for property, plant and equipment(7,201)(5,765)Expenditures for investments (1,492)(588)Purchases of nuclear decommissioning and other trust assets(746)(658)Proceeds from sales of nuclear decommissioning and other trust assets831 704 Other3 11 Net cash used in investing activities(8,605)(6,296)CASH FLOWS FROM FINANCING ACTIVITIESCommon dividends paid(1,195)(1,121)Preferred dividends paid(22)(22)Issuances of common stock26 26 Repurchases of common stock(58)(41)Issuances of debt (maturities greater than 90 days)8,892 6,437 Payments on debt (maturities greater than 90 days) and finance leases (4