Company: SREA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001032208-25-000048
Chunk: 4

Company: SEMPRA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 4
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ained earnings17,505 16,979 Accumulated other comprehensive income (loss)(215)(166)Total Sempra shareholders’ equity31,697 31,222 Preferred stock of subsidiary20 20 Other noncontrolling interests6,579 6,546 Total equity38,296 37,788 Total liabilities and equity$99,907 $96,155 

(1)    Derived from audited financial statements.

See Notes to Condensed Consolidated Financial Statements.

12

Table of Contents

SEMPRACONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Dollars in millions) Six months ended June 30, 20252024 (unaudited)CASH FLOWS FROM OPERATING ACTIVITIES  Net income $1,438 $1,752 Adjustments to reconcile net income to net cash provided by operating activities:  Depreciation and amortization1,293 1,197 Deferred income taxes and investment tax credits128 (34)Equity earnings(718)(781)Share-based compensation expense11 41 Fixed-price contracts and other derivatives82 28 Bad debt expense37 94 Other(36)(5)Net change in working capital components(498)(99)Distributions from investments516 405 Changes in other noncurrent assets and liabilities, net13 (78)Net cash provided by operating activities2,266 2,520 CASH FLOWS FROM INVESTING ACTIVITIES  Expenditures for property, plant and equipment(4,640)(3,830)Expenditures for investments (972)(387)Purchases of nuclear decommissioning and other trust assets(531)(401)Proceeds from sales of nuclear decommissioning and other trust assets580 442 Other— 8 Net cash used in investing activities(5,563)(4,168)CASH FLOWS FROM FINANCING ACTIVITIESCommon dividends paid(787)(741)Preferred dividends paid(22)(22)Issuances of common stock19 18 Repurchases of common stock(58)(40)Issuances of debt (maturities greater than 90 days)5,458 3,812 Payments on debt (maturities greater than 90 days) and finance leases (3,411)(1,197)Increase (decrease) in short-term debt, net682 (817