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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2012
Fair Value Measurements (Tables) [Abstract]  
Fair Value of Financial Instruments Table
FAIR VALUE OF FINANCIAL INSTRUMENTS
(Dollars in millions)
  March 31, 2012
  Carrying Fair Value
  Amount Level 1Level 2Level 3Total
Sempra Energy Consolidated:           
Investments in affordable housing partnerships(1)$ 20 $$$ 49$ 49
Total long-term debt(2)  10,709    11,288  615  11,903
Preferred stock of subsidiaries  99    106   106
SDG&E:           
Total long-term debt(3)$ 4,143 $$ 4,103$ 352$ 4,455
Contingently redeemable preferred stock  79    85   85
SoCalGas:           
Total long-term debt(4)$ 1,312 $$ 1,480$$ 1,480
Preferred stock  22    23   23
             
  December 31, 2011
  Carrying Fair Value
  Amount Level 1Level 2Level 3Total
Sempra Energy Consolidated:           
Investments in affordable housing partnerships(1)$ 21 $$$ 48$ 48
Total long-term debt(2)  9,826    10,447  600  11,047
Preferred stock of subsidiaries  99    106   106
SDG&E:           
Total long-term debt(3)$ 3,895 $$ 3,933$ 355$ 4,288
Contingently redeemable preferred stock  79    86   86
SoCalGas:           
Total long-term debt(4)$ 1,313 $$ 1,506$$ 1,506
Preferred stock  22    23   23
(1)We discuss our investments in affordable housing partnerships in Note 4 of the Notes to Consolidated Financial Statements in the Annual Report.
(2)Before reductions for unamortized discount (net of premium) of $16 million at both March 31, 2012 and December 31, 2011, and excluding capital leases of $200 million at March 31, 2012 and $204 million at December 31, 2011, and commercial paper classified as long-term debt of $400 million at December 31, 2011. We discuss our long-term debt in Note 6 above and in Note 5 of the Notes to Consolidated Financial Statements in the Annual Report.
(3)Before reductions for unamortized discount of $12 million at March 31, 2012 and $11 million at December 31, 2011, and excluding capital leases of $191 million at March 31, 2012 and $193 million at December 31, 2011.
(4)Before reductions for unamortized discount of $2 million at March 31, 2012 and $3 million at December 31, 2011, and excluding capital leases of $9 million at March 31, 2012 and $11 million at December 31, 2011.
Nuclear Decommissioning Trusts Table
NUCLEAR DECOMMISSIONING TRUSTS
(Dollars in millions)
     Gross Gross Estimated
     Unrealized Unrealized Fair
   Cost Gains Losses Value
As of March 31, 2012:        
Debt securities:        
Debt securities issued by the U.S. Treasury and other         
U.S. government corporations and agencies(1)$ 162$ 9$$ 171
Municipal bonds(2)  66  5  (1)  70
Other securities(3)  80  4   84
Total debt securities  308  18  (1)  325
Equity securities  239  278  (2)  515
Cash and cash equivalents  25    25
Total $ 572$ 296$ (3)$ 865
As of December 31, 2011:        
Debt securities:        
Debt securities issued by the U.S. Treasury and other         
U.S. government corporations and agencies$ 157$ 13$$ 170
Municipal bonds  72  5   77
Other securities  76  3  (1)  78
Total debt securities  305  21  (1)  325
Equity securities  246  227  (5)  468
Cash and cash equivalents  11    11
Total $ 562$ 248$ (6)$ 804
(1)Maturity dates are 2013-2042
(2)Maturity dates are 2012-2057
(3)Maturity dates are 2012-2051
Sales of Securities Table
SALES OF SECURITIES
(Dollars in millions)
 Three months ended March 31,
 20122011
Proceeds from sales$ 129$ 42
Gross realized gains  4  1
Gross realized losses   (1)
Fair Value of Cash Collateral Receivables Not Offset on the Condensed Consolidated Balance Sheets Table
 March 31,December 31,
(Dollars in millions)20122011
Sempra Energy Consolidated$ 25$ 20
SDG&E  12  10
SoCalGas  3  2
Recurring Fair Value Measures Table
RECURRING FAIR VALUE MEASURES – SEMPRA ENERGY CONSOLIDATED
(Dollars in millions)
 At fair value as of March 31, 2012
        Collateral  
  Level 1 Level 2 Level 3 netted Total
Assets:          
Nuclear decommissioning trusts:          
Equity securities$ 515$$$$ 515
Debt securities:          
Debt securities issued by the U.S. Treasury and other           
U.S. government corporations and agencies  91  80    171
Municipal bonds   70    70
Other securities   84    84
Total debt securities  91  234    325
Total nuclear decommissioning trusts(1)  606  234    840
Interest rate instruments   65    65
Commodity contracts subject to rate recovery  13   21   34
Commodity contracts not subject to rate recovery  13  30    43
Investments  1     1
Total$ 633$ 329$ 21$$ 983
Liabilities:          
Interest rate instruments$$ 116$$$ 116
Commodity contracts subject to rate recovery  69  17   (69)  17
Commodity contracts not subject to rate recovery   45   (3)  42
Total$ 69$ 178$$ (72)$ 175
           
 At fair value as of December 31, 2011
        Collateral  
  Level 1 Level 2 Level 3 netted Total
Assets:          
Nuclear decommissioning trusts:          
Equity securities$ 468$$$$ 468
Debt securities:          
Debt securities issued by the U.S. Treasury and other           
U.S. government corporations and agencies  92  78    170
Municipal bonds   77    77
Other securities   78    78
Total debt securities  92  233    325
Total nuclear decommissioning trusts(1)  560  233    793
Interest rate instruments   66    66
Commodity contracts subject to rate recovery  10  1  23   34
Commodity contracts not subject to rate recovery  15  35   (2)  48
Investments  5     5
Total$ 590$ 335$ 23$ (2)$ 946
Liabilities:          
Interest rate instruments$ 1$ 124$$$ 125
Commodity contracts subject to rate recovery  61  13   (61)  13
Commodity contracts not subject to rate recovery  1  52   (4)  49
Total$ 63$ 189$$ (65)$ 187
(1)Excludes cash balances and cash equivalents.          

RECURRING FAIR VALUE MEASURES – SDG&E
(Dollars in millions)
 At fair value as of March 31, 2012
        Collateral  
  Level 1 Level 2 Level 3 netted Total
Assets:          
Nuclear decommissioning trusts:          
Equity securities$ 515$$$$ 515
Debt securities:          
Debt securities issued by the U.S. Treasury and other          
U.S. government corporations and agencies  91  80    171
Municipal bonds    70    70
Other securities    84    84
Total debt securities  91  234    325
Total nuclear decommissioning trusts(1)  606  234    840
Commodity contracts subject to rate recovery  11   21   32
Commodity contracts not subject to rate recovery  1     1
Total$ 618$ 234$ 21$$ 873
           
Liabilities:          
Interest rate instruments$$ 77$$$ 77
Commodity contracts subject to rate recovery  69  16   (69)  16
Total$ 69$ 93$$ (69)$ 93
           
 At fair value as of December 31, 2011
        Collateral  
  Level 1 Level 2 Level 3 netted Total
Assets:          
Nuclear decommissioning trusts:          
Equity securities$ 468$$$$ 468
Debt securities:          
Debt securities issued by the U.S. Treasury and other          
U.S. government corporations and agencies  92  78    170
Municipal bonds    77    77
Other securities    78    78
Total debt securities  92  233    325
Total nuclear decommissioning trusts(1)  560  233    793
Commodity contracts subject to rate recovery  9   23   32
Commodity contracts not subject to rate recovery  1     1
Total$ 570$ 233$ 23$$ 826
           
Liabilities:          
Interest rate instruments$$ 81$$$ 81
Commodity contracts subject to rate recovery  61  12   (61)  12
Total$ 61$ 93$$ (61)$ 93
(1)Excludes cash balances and cash equivalents.          

RECURRING FAIR VALUE MEASURES – SOCALGAS
(Dollars in millions)
 At fair value as of March 31, 2012
        Collateral  
  Level 1 Level 2 Level 3 netted Total
Assets:          
Commodity contracts subject to rate recovery$ 2$$$$ 2
Commodity contracts not subject to rate recovery  2     2
Total$ 4$$$$ 4
           
Liabilities:          
Commodity contracts subject to rate recovery$$ 1$$$ 1
Total$$ 1$$$ 1
           
 At fair value as of December 31, 2011
        Collateral  
  Level 1 Level 2 Level 3 netted Total
Assets:          
Commodity contracts subject to rate recovery$ 1$ 1$$$ 2
Commodity contracts not subject to rate recovery  2     2
Total$ 3$ 1$$$ 4
           
Liabilities:          
Commodity contracts subject to rate recovery$$ 1$$$ 1
Total$$ 1$$$ 1
Recurring Fair Value Measures Level 3 Rollforward Table
 Three months ended March 31,
(Dollars in millions)20122011
Balance as of January 1$ 23$ 2
Realized and unrealized gains  2  6
Allocated transmission instruments  1  1
Settlements  (5)  (6)
Balance as of March 31$ 21$ 3
Change in unrealized gains or losses relating to     
instruments still held at March 31$$