Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 582

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 16
Chunk 582
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 ACTIVITIESNet income$891 $936 $915 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization1,223 1,098 982 Deferred income taxes and investment tax credits169 135 93 Bad debt expense55 112 46 Other(14)(35)(34)Net change in working capital components:Accounts receivable92 (213)(163)Due to/from unconsolidated affiliates, net(14)(62)38 Income taxes receivable/payable, net209 (236)9 Inventories(49)(19)(11)Other current assets(21)(17)(80)Accounts payable(32)31 153 Regulatory balancing accounts, net(429)571 (10)Other current liabilities(21)129 62 Changes in noncurrent assets and liabilities, net14 (494)(271)Net cash provided by operating activities2,073 1,936 1,729 CASH FLOWS FROM INVESTING ACTIVITIESExpenditures for property, plant and equipment(2,522)(2,540)(2,473)Purchases of nuclear decommissioning trust assets(826)(532)(586)Proceeds from sales of nuclear decommissioning trust assets874 592 639 Other13 8 8 Net cash used in investing activities(2,461)(2,472)(2,412)CASH FLOWS FROM FINANCING ACTIVITIESCommon dividends paid(225)(100)(100)Issuances of debt (maturities greater than 90 days)594 1,389 1,395 Payments on debt (maturities greater than 90 days) and finance leases(442)(490)(425)Increase (decrease) in short-term debt, net417 (205)(196)Debt issuance costs(6)(13)(9)Other— (2)— Net cash provided by financing activities338 579 665 (Decrease) increase in cash and cash equivalents(50)43 (18)Cash and cash equivalents, January 150 7 25 Cash and cash equivalents, December 31$— $50 $7 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATIONInterest payments, net of amounts capitalized$514 $472 $431 Income tax (refunds) payments, net(225)76