EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE (Tables)

3 Months Ended

Mar. 31, 2012

Effective Of Change In Accounting Principle Tables [Abstract]

Schedule Of Effective Change In Accounting Principle [Text Block]

EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE
(Dollars in millions, except per share amounts)
		Three months ended March 31, 2011
			As
			Originally				Retrospectively
Sempra Energy Consolidated			Reported		Adjustments		Adjusted
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
Depreciation and amortization		$	231	$	(1)	$	230
Income before income taxes and equity earnings
of certain unconsolidated subsidiaries			342		1		343
Income tax expense			109		5		114
Net income			264		(4)		260
Earnings			258		(4)		254
Basic earnings per common share		$	1.07	$	(0.01)	$	1.06
Diluted earnings per common share		$	1.07	$	(0.02)	$	1.05
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
Net income		$	264	$	(4)	$	260
Adjustments to reconcile net income to net cash provided by
operating activities:
Depreciation and amortization			231		(1)		230
Deferred income taxes and investment tax credits			88		(6)		82
Net change in other working capital components (income taxes)			286		11		297
		As of December 31, 2011
			As
			Originally				Retrospectively
			Reported		Adjustments		Adjusted
CONDENSED CONSOLIDATED BALANCE SHEET
Property, plant and equipment		$	31,303	$	(111)	$	31,192
Less accumulated depreciation and amortization			(7,731)		4		(7,727)
Property, plant and equipment, net		$	23,572	$	(107)	$	23,465
Income taxes payable		$	16	$	(11)	$	5
Deferred income taxes, noncurrent liability			1,554		(34)		1,520
Deferred credits and other			783		1		784
Retained earnings(1)			8,225		(63)		8,162
(1)	Adjustment includes the cumulative effect of the change in accounting principle of reductions in net income and earnings of $26 million, $30 million, a negligible amount, and $7 million for the years ended December 31, 2011, 2010, 2009 and 2008, respectively.