Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 351

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 351
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 7,414 (7)9,067 Net income936 936 Other comprehensive loss(1)(1)Common stock dividends declared ($0.86/share)(100)(100)Balance at December 31, 20231,660 8,250 (8)9,902 Net income891 891 Other comprehensive loss(4)(4)Common stock dividends declared ($1.93/share)(225)(225)Balance at December 31, 2024$1,660 $8,916 $(12)$10,564 

See Notes to Financial Statements.

2024 Form 10-K  |  F-20

SOUTHERN CALIFORNIA GAS COMPANYSTATEMENTS OF OPERATIONS(Dollars in millions) Years ended December 31, 202420232022Operating revenues$6,209 $8,289 $6,840 Operating expenses:   Cost of natural gas959 3,264 2,233 Operation and maintenance2,791 2,821 2,402 Aliso Canyon litigation and regulatory matters— — 259 Depreciation and amortization910 839 761 Franchise fees and other taxes273 278 247 Total operating expenses4,933 7,202 5,902 Operating income1,276 1,087 938 Other income (expense), net25 (4)(8)Interest income9 9 6 Interest expense(323)(285)(198)Income before income taxes987 807 738 Income tax (expense) benefit(31)5 (138)Net income956 812 600 Preferred dividends(1)(1)(1)Earnings attributable to common shares$955 $811 $599 

See Notes to Financial Statements.

2024 Form 10-K  |  F-21

SOUTHERN CALIFORNIA GAS COMPANYSTATEMENTS OF COMPREHENSIVE INCOME (LOSS)(Dollars in millions) Years ended December 31, 2024, 2023 and 2022 PretaxamountIncome tax (expense) benefitNet-of-taxamount2024: Net income$987 $(31)$956 Other comprehensive income (loss): Financial instruments1 — 1 Pension and other postretirement benefits(4)(1)(5)Total other comprehensive loss(3)(1)(4)Comprehensive income$