Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 584

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 16
Chunk 584
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 (4)(8)Interest income9 9 6 Interest expense(323)(285)(198)Income before income taxes987 807 738 Income tax (expense) benefit(31)5 (138)Net income956 812 600 Preferred dividends(1)(1)(1)Earnings attributable to common shares$955 $811 $599 

See Notes to Financial Statements.

2024 Form 10-K  |  F-21

SOUTHERN CALIFORNIA GAS COMPANYSTATEMENTS OF COMPREHENSIVE INCOME (LOSS)(Dollars in millions) Years ended December 31, 2024, 2023 and 2022 PretaxamountIncome tax (expense) benefitNet-of-taxamount2024: Net income$987 $(31)$956 Other comprehensive income (loss): Financial instruments1 — 1 Pension and other postretirement benefits(4)(1)(5)Total other comprehensive loss(3)(1)(4)Comprehensive income$984 $(32)$952 2023: Net income$807 $5 $812 Other comprehensive income (loss):Financial instruments1 — 1 Total other comprehensive income1 — 1 Comprehensive income$808 $5 $813 2022: Net income$738 $(138)$600 Other comprehensive income (loss):Financial instruments1 — 1 Pension and other postretirement benefits8 (2)6 Total other comprehensive income9 (2)7 Comprehensive income$747 $(140)$607 

See Notes to Financial Statements.

2024 Form 10-K  |  F-22

SOUTHERN CALIFORNIA GAS COMPANYBALANCE SHEETS(Dollars in millions)December 31, 20242023ASSETS  Current assets:  Cash and cash equivalents$12 $2 Accounts receivable – trade, net932 985 Accounts receivable – other, net71 102 Due from unconsolidated affiliates16 22 Inventories287 277 Regulatory assets42 204 Greenhouse gas allowances176 950 Other current assets71 100 Total current assets1,607 2,642 Other assets:  Regulatory assets 1,844 1,715 Greenhouse gas allowances526 62 Right-of-use assets