Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 353

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 353
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-term debt and finance leases373 523 Greenhouse gas obligations176 950 Asset retirement obligations91 73 Other current liabilities451 566 Total current liabilities3,385 4,407 Long-term debt and finance leases7,031 6,288 Deferred credits and other liabilities:  Regulatory liabilities1,115 1,202 Greenhouse gas obligations410 — Pension obligation, net of plan assets45 231 Deferred income taxes2,005 1,586 Asset retirement obligations2,839 2,774 Deferred credits and other367 368 Total deferred credits and other liabilities6,781 6,161 Commitments and contingencies (Note 15)Shareholders’ equity:  Preferred stock (11,000,000 shares authorized; 862,043 shares outstanding)22 22 Common stock (100,000,000 shares authorized; 91,300,000 shares outstanding;no par value)2,316 2,316 Retained earnings5,850 5,095 Accumulated other comprehensive income (loss)(27)(23)Total shareholders’ equity8,161 7,410 Total liabilities and shareholders’ equity$25,358 $24,266 

See Notes to Financial Statements.

2024 Form 10-K  |  F-24

SOUTHERN CALIFORNIA GAS COMPANYSTATEMENTS OF CASH FLOWS(Dollars in millions) Years ended December 31, 202420232022CASH FLOWS FROM OPERATING ACTIVITIESNet income$956 $812 $600 Adjustments to reconcile net income to net cash provided by (used in) operating activities:Depreciation and amortization910 839 761 Deferred income taxes and investment tax credits28 12 146 Bad debt expense97 294 70 Other(6)(12)(12)Net change in working capital components:Accounts receivable(13)207 (512)Due to/from unconsolidated affiliates, net6 57 (28)Income taxes receivable/payable, net13 (8)23 Inventories(10)(118)13 Other current assets6 (1,053)(139)Accounts payable(103)(179)191 Regulatory balancing accounts, net(27)(311)46 Reserve for Aliso Canyon costs(12)(98)(1,851)Other current