Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 343

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 343
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$8,504 $1,511 10,015 $8,022 $1,466 9,488 Adjustments— (1)Intersegment eliminations(62)(60)Revenues$9,953 $9,427 (1)    We did not have revenues from transactions with a single external customer that amounted to 10% or more of Sempra’s total revenues.(2)    See “Revenues from Sources Other Than Contracts with Customers” in Note 3 of the Notes to Consolidated Financial Statements in the Annual Report for a description of this revenue source, which may be additive or subtractive from period to period.(3)    See “Transactions with Affiliates” in Note 1 of the Notes to Consolidated Financial Statements in the Annual Report for a description of services provided by one operating segment to another operating segment within Sempra.

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SDG&ESDG&E is a regulated public utility that provides electric service to San Diego and southern Orange counties and natural gas service to San Diego County. SDG&E has one operating and reportable segment. In connection with certain organizational changes, effective July 5, 2025, SDG&E’s president assumed the responsibilities of the CODM. The CODM utilizes earnings attributable to common shares to manage the business, assess performance and allocate resources. SDG&E’s CODM was previously its chief executive officer.Total assets at SDG&E were $32.8 billion and $30.8 billion at September 30, 2025 and December 31, 2024, respectively. The following table presents selected information for SDG&E’s single segment and reconciliation of earnings attributable to common shares.SEGMENT INFORMATION(Dollars in millions)Three months ended September 30,Nine months ended September 30,2025202420252024SDG&E:Revenues from external customers:Electric$1,131 $1,160 $3,062 $3,178 Natural gas218 167 789 658 Total revenues from external customers(1)1,349 1,327 3,851 3,836 Regulatory revenues(2):Electric132 (87)300 104 Natural gas(1)3 11 37 Total regulatory revenues131 (84)311 141 Total revenues1,480 1,243 4,162 3,977 Depreciation and amortization(334)(308)(