Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 451

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 451
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42 Derivative financial instruments(6)— (6)Total investment assets in the fair value hierarchy286 463 749 Accounts receivable/payable, net4 Investments measured at NAV:Common/collective trusts233 Other4 Total SoCalGas investment assets990 

2024 Form 10-K  |  F-97

FAIR VALUE MEASUREMENTS – INVESTMENT ASSETS OF PBOP PLANS (CONTINUED)(Dollars in millions)Fair value at December 31, 2023Level 1Level 2TotalOther Sempra:Equity securities:Domestic$7 $— $7 International3— 3Registered investment companies – Domestic3— 3Fixed income securities:Domestic government and government agencies213Domestic corporate bonds— 44International corporate bonds— 11Total investment assets in the fair value hierarchy15 6 21 Investments measured at NAV:Common/collective trusts7Other1Total Other Sempra investment assets29 Total Sempra investment assets in the fair value hierarchy$404 $476 Total Sempra investment assets$1,169 

Future PaymentsWe expect to contribute the following amounts to our pension and PBOP plans in 2025:EXPECTED CONTRIBUTIONS(Dollars in millions)  SempraSDG&ESoCalGasPension plans$280 $54 $188 PBOP plans3 1 1 The following table shows the total benefits we expect to pay for the next 10 years to current employees and retirees from the plans or from company assets.EXPECTED BENEFIT PAYMENTS(Dollars in millions) SempraSDG&ESoCalGas PensionPBOPPensionPBOPPensionPBOP2025$276 $48 $68 $11 $162 $35 2026246 50 63 10 151 34 2027258 46 62 10 146 34 2028236 46 67 10 144 34 2029230 46 61 10 143 34 2030-20341,161 229 305 47 721 171 

SAVINGS PLANSSempra, SDG&E and SoCalGas offer trusteed savings plans to all employees. Employee participation, employee contributions and employer matching contributions are subject to the provisions of the respective plans, and for employee contributions, limits