Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 457

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 457
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 rate recovery$4 $4 $(13)$(6)Associated offsetting commodity contracts(2)(2)2 2 Associated offsetting cash collateral— — 10 4 Net amounts presented on the balance sheet2 2 (1)— Additional cash collateral for commodity contractssubject to rate recovery21 — — — Total(2)$23 $2 $(1)$— SoCalGas:    Derivatives not designated as hedging instruments:    Commodity contracts subject to rate recovery$3 $— $(42)$(4)Associated offsetting commodity contracts(3)— 3 — Net amounts presented on the balance sheet— — (39)(4)Additional cash collateral for commodity contractssubject to rate recovery4 — — — Total$4 $— $(39)$(4)(1)    Included in Other Current Assets for SDG&E and SoCalGas.(2)    Normal purchase contracts previously measured at fair value are excluded.

2024 Form 10-K  |  F-102

DERIVATIVE INSTRUMENTS ON THE CONSOLIDATED BALANCE SHEETS (CONTINUED)(Dollars in millions) December 31, 2023 Current assets: Fixed-price contracts and other derivatives(1)Other long-term assetsOther currentliabilitiesDeferred credits and otherSempra:    Derivatives designated as hedging instruments:    Interest rate instruments$17 $70 $— $— Foreign exchange instruments— — (9)— Derivatives not designated as hedging instruments:    Commodity contracts not subject to rate recovery173 52 (170)(56)Associated offsetting commodity contracts(169)(51)169 51 Commodity contracts subject to rate recovery10 8 (228)(9)Associated offsetting commodity contracts(5)(2)5 2 Associated offsetting cash collateral— — 12 7 Net amounts presented on the balance sheet26 77 (221)(5)Additional cash collateral for commodity contractsnot subject to rate recovery74 — — — Additional cash collateral for commodity contractssubject to rate recovery22 — — — Total(2)$122 $77 $(221)$(5)SDG&E:    Derivatives not designated as hedging instruments:    Com