Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 101

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 101
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116 Sempra Texas Utilities17,173 15,534 Sempra Infrastructure30,140 22,954 Segment totals106,792 94,604 Parent and other1,162 2,622 Intersegment eliminations(1)(1,035)(1,071)Total Sempra$106,919 $96,155 EQUITY METHOD INVESTMENTSSempra Texas Utilities$17,164 $15,522 Sempra Infrastructure(2)17 2,411 Segment totals/Total Sempra$17,181 $17,933 Three months ended September 30,Nine months ended September 30,2025202420252024EQUITY EARNINGSEquity earnings, before income tax:Sempra Texas Utilities$1 $2 $4 $6 Sempra Infrastructure132 130 439 420 Segment totals133 132 443 426 Equity earnings, net of income tax:Sempra Texas Utilities306 261 661 646 Sempra Infrastructure33 61 86 163 Segment totals339 322 747 809 Total Sempra$472 $454 $1,190 $1,235 CAPITAL EXPENDITURES FOR PROPERTY, PLANT AND EQUIPMENTSempra California$3,334 $3,329 Sempra Infrastructure3,863 2,433 Segment totals7,197 5,762 Parent and other4 3 Total Sempra$7,201 $5,765 (1)     Primarily includes an intersegment loan related to deferred income taxes from Sempra Infrastructure to Parent and other.(2)     At September 30, 2025, $2,471 is classified as Assets Held for Sale on the Sempra Condensed Consolidated Balance Sheet. The remaining $17 represents our investment balance in Cameron LNG JV related to our guarantee under the SDSRA, which we discuss in Note 13.

90

SEGMENT INFORMATION (CONTINUED)(Dollars in millions)Sempra CaliforniaSempra Texas Utilities(1)Sempra InfrastructureSempraThree months ended September 30, 2025Revenues$2,613 $555 Depreciation and amortization(591)(69)Interest income2 10 Interest expense(2)(234)(16)Income tax benefit (expense)128 (792)Equity earnings$307 165