Company: SREA
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001032208-25-000012
Chunk: 352

Company: SEMPRA
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 352
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984 $(32)$952 2023: Net income$807 $5 $812 Other comprehensive income (loss):Financial instruments1 — 1 Total other comprehensive income1 — 1 Comprehensive income$808 $5 $813 2022: Net income$738 $(138)$600 Other comprehensive income (loss):Financial instruments1 — 1 Pension and other postretirement benefits8 (2)6 Total other comprehensive income9 (2)7 Comprehensive income$747 $(140)$607 

See Notes to Financial Statements.

2024 Form 10-K  |  F-22

SOUTHERN CALIFORNIA GAS COMPANYBALANCE SHEETS(Dollars in millions)December 31, 20242023ASSETS  Current assets:  Cash and cash equivalents$12 $2 Accounts receivable – trade, net932 985 Accounts receivable – other, net71 102 Due from unconsolidated affiliates16 22 Inventories287 277 Regulatory assets42 204 Greenhouse gas allowances176 950 Other current assets71 100 Total current assets1,607 2,642 Other assets:  Regulatory assets 1,844 1,715 Greenhouse gas allowances526 62 Right-of-use assets – operating leases18 29 Other long-term assets609 645 Total other assets2,997 2,451 Property, plant and equipment:  Property, plant and equipment29,084 27,025 Less accumulated depreciation and amortization(8,330)(7,852)Property, plant and equipment, net20,754 19,173 Total assets$25,358 $24,266 

See Notes to Financial Statements.

2024 Form 10-K  |  F-23

SOUTHERN CALIFORNIA GAS COMPANYBALANCE SHEETS (CONTINUED)(Dollars in millions)December 31, 20242023LIABILITIES AND SHAREHOLDERS’ EQUITY  Current liabilities:  Short-term debt$1,037 $946 Accounts payable – trade752 811 Accounts payable – other158 184 Due to unconsolidated affiliates38 38 Accrued compensation and benefits245 213 Regulatory liabilities64 103 Current portion of long