Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 25

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 25
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)— Total due to unconsolidated affiliates – current$(62)$(38)Income taxes due from (to) Sempra(3)$20 $(6)(1)     At September 30, 2025, $3 due from unconsolidated affiliates is classified as Assets Held For Sale and $417 due to unconsolidated affiliates is classified as Liabilities Held For Sale on the Sempra Condensed Consolidated Balance Sheet.(2)     U.S. dollar-denominated loans at fixed interest rates. Amounts include principal balances plus accumulated interest outstanding and value added tax payable to the Mexican government.(3)    SDG&E and SoCalGas are included in the consolidated income tax return of Sempra, and their respective income tax expense/benefit is computed as an amount equal to that which would result from each company having always filed a separate return. Amounts include current and noncurrent income taxes due from/to Sempra.

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The following table summarizes income statement information from unconsolidated affiliates.INCOME STATEMENT IMPACT FROM UNCONSOLIDATED AFFILIATES(Dollars in millions) Three months ended September 30,Nine months ended September 30, 2025202420252024Sempra:    Revenues$9 $11 $26 $31 Interest expense4 5 13 12 SDG&E:    Revenues$6 $6 $17 $17 Cost of sales35 36 103 111 SoCalGas:Revenues$47 $43 $128 $124 Cost of sales(1)(2)(2)(3)(5)(1)     Includes net commodity costs from natural gas transactions with unconsolidated affiliates.GuaranteesSempra provides guarantees to certain unconsolidated affiliates, which we discuss in Note 13.

INVENTORIESThe components of inventories are as follows:INVENTORY BALANCES (Dollars in millions) SempraSDG&ESoCalGas September 30,2025(1)December 31,2024September 30,2025December 31,2024September 30,2025December 31,2024Natural gas$162 $163 $2 $1 $160 $148 LNG— 27 — — — — Materials and supplies403 369 261 201 142 139 Total