GENERAL (Tables)

3 Months Ended

Jun. 30, 2012

General (Tables) [Abstract]

Schedule Of Effective Change In Accounting Principle [Text Block]

EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE — SEMPRA ENERGY CONSOLIDATED
(Dollars in millions, except per share amounts)
		Three months ended June 30, 2011
			As
			Originally				Retrospectively
			Reported		Adjustments		Adjusted
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
Income tax expense		$	92	$	8	$	100
Net income			502		(8)		494
Earnings			511		(8)		503
Basic earnings per common share		$	2.14	$	(0.04)	$	2.10
Diluted earnings per common share		$	2.12	$	(0.03)	$	2.09
		Six months ended June 30, 2011
			As
			Originally				Retrospectively
			Reported		Adjustments		Adjusted
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
Depreciation and amortization		$	479	$	(1)	$	478
Income before income taxes and equity earnings
of certain unconsolidated subsidiaries			928		1		929
Income tax expense			201		13		214
Net income			766		(12)		754
Earnings			769		(12)		757
Basic earnings per common share		$	3.21	$	(0.05)	$	3.16
Diluted earnings per common share		$	3.19	$	(0.05)	$	3.14
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
Net income		$	766	$	(12)	$	754
Adjustments to reconcile net income to net cash provided by
operating activities:
Depreciation and amortization			479		(1)		478
Deferred income taxes and investment tax credits			147		(9)		138
Net change in other working capital components (income taxes)			53		22		75
		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			773		1		774
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.