Company: SREA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001032208-25-000065
Chunk: 339

Company: SEMPRA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 339
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 which are regulated public utilities.▪Sempra Texas Utilities holds our equity method investment in Oncor Holdings, which owns an 80.25% interest in Oncor, a regulated electric transmission and distribution utility serving customers in the north-central, eastern, western and panhandle regions of Texas; and our equity method investment in Sharyland Holdings, L.P., which owns Sharyland Utilities, a regulated electric transmission utility serving customers near the Texas-Mexico border. ▪Sempra Infrastructure includes the operating companies of SI Partners, in which Sempra Infrastructure owns a 70% interest, as well as a holding company and certain services companies. Sempra Infrastructure develops, builds, operates and invests in energy infrastructure to help provide safe, sustainable and reliable access to cleaner energy in markets in the U.S., Mexico and globally. Sempra’s CODM is its chief executive officer, who uses segment earnings attributable to common shares predominantly in the annual financial planning process to assess financial performance. Sempra’s CODM prioritizes resource allocation to each segment in a manner that aligns with Sempra’s capital expenditures plan.Amounts labeled as “Parent and other,” which does not meet the definition of an operating or reportable segment, consist primarily of activities of parent organizations.

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The following tables present selected information by segment and reconciliations of assets, capital expenditures for PP&E, and earnings attributable to common shares to Sempra’s consolidated totals.SEGMENT INFORMATION(Dollars in millions)September 30,2025December 31,2024ASSETSSempra California$59,479 $56,116 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