Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 463

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 463
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5 — 74 79 Commodity contracts subject to rate recovery— 1 10 22 33 Total$428 $611 $33 $96 $1,168 Liabilities:Foreign exchange instruments$— $9 $— $— $9 Commodity contracts not subject to rate recovery— 6 — — 6 Commodity contracts subject to rate recovery20 210 — (19)211 Total$20 $225 $— $(19)$226 (1)    Includes the effect of the contractual ability to settle contracts under master netting agreements and with cash collateral, as well as cash collateral not offset.(2)    Excludes receivables (payables), net.

2024 Form 10-K  |  F-107

RECURRING FAIR VALUE MEASURES(Dollars in millions) Level 1Level 2Level 3Netting(1)Total Fair value at December 31, 2024SDG&E:Assets: Nuclear decommissioning trusts: Short-term investments, primarily cash equivalents$8 $2 $— $10 Equity securities295 3 — 298 Debt securities: Debt securities issued by the U.S. Treasury and otherU.S. government corporations and agencies41 26 — 67 Municipal bonds— 287 — 287 Other securities— 228 — 228 Total debt securities41 541 — 582 Total nuclear decommissioning trusts(2)344 546 — 890 Commodity contracts subject to rate recovery4 — 4 $17 25 Total$348 $546 $4 $17 $915 Liabilities: Commodity contracts subject to rate recovery$18 $1 $— $(18)$1  Fair value at December 31, 2023SDG&E:Assets: Nuclear decommissioning trusts: Short-term investments, primarily cash equivalents$19 $2 $— $21 Equity securities308 4 — 312 Debt securities: Debt securities issued by the U.S. Treasury and otherU.S. government corporations and agencies34 17 — 51 Municipal bonds— 275 — 275 Other securities— 220 —