Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 581

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 16
Chunk 581
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 other assets4,361 3,813 Property, plant and equipment:Property, plant and equipment33,162 30,918 Less accumulated depreciation and amortization(8,051)(7,369)Property, plant and equipment, net 25,111 23,549 Total assets$30,773 $29,185  See Notes to Financial Statements.

2024 Form 10-K  |  F-17

SAN DIEGO GAS & ELECTRIC COMPANYBALANCE SHEETS (CONTINUED)(Dollars in millions)December 31, 20242023LIABILITIES AND SHAREHOLDER’S EQUITYCurrent liabilities:Short-term debt$417 $— Accounts payable742 808 Due to unconsolidated affiliates59 73 Interest payable84 81 Accrued compensation and benefits175 145 Accrued franchise fees54 112 Regulatory liabilities75 447 Current portion of long-term debt and finance leases 42 441 Greenhouse gas obligations27 158 Asset retirement obligations97 116 Other current liabilities215 216 Total current liabilities1,987 2,597 Long-term debt and finance leases 10,018 9,453 Deferred credits and other liabilities:Regulatory liabilities2,701 2,534 Greenhouse gas obligations62 — Pension obligation, net of plan assets28 79 Deferred income taxes3,211 2,873 Asset retirement obligations803 778 Deferred credits and other1,399 969 Total deferred credits and other liabilities8,204 7,233 Commitments and contingencies (Note 15)Shareholder’s equity:Preferred stock (45,000,000 shares authorized; none issued)— — Common stock (255,000,000 shares authorized; 116,583,358 shares outstanding;no par value)1,660 1,660 Retained earnings8,916 8,250 Accumulated other comprehensive income (loss)(12)(8)Total shareholder’s equity10,564 9,902 Total liabilities and shareholder’s equity$30,773 $29,185 

See Notes to Financial Statements.

2024 Form 10-K  |  F-18

SAN DIEGO GAS & ELECTRIC COMPANYSTATEMENTS OF CASH FLOWS(Dollars in millions) Years ended December 31, 202420232022CASH FLOWS FROM OPERATING