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SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2013
Notes to Consolidated Financial Statements [Abstract]  
Segment Information

NOTE 16. SEGMENT INFORMATION

We have six separately managed reportable segments, as follows:

  • SDG&E provides electric service to San Diego and southern Orange counties and natural gas service to San Diego County.

     

  • SoCalGas is a natural gas distribution utility, serving customers throughout most of Southern California and part of central California.

     

  • Sempra South American Utilities operates electric transmission and distribution utilities in Chile and Peru. In June 2013, we sold our interests in two Argentine utilities, which we discuss further in Note 4 above.

     

  • Sempra Mexico develops, owns and operates, or holds interests in, natural gas transmission pipelines and propane and ethane systems, a natural gas distribution utility, electric generation facilities (including wind), a terminal for the import of LNG, and marketing operations for the purchase of LNG and the purchase and sale of natural gas in Mexico.

     

  • Sempra Renewables develops, owns and operates, or holds interests in, wind and solar energy projects in Arizona, California, Colorado, Hawaii, Indiana, Kansas, Nebraska, Nevada and Pennsylvania to serve wholesale electricity markets in the United States.
  • Sempra Natural Gas develops, owns and operates, or holds interests in, a natural gas-fired electric generation asset, natural gas pipelines and storage facilities, natural gas distribution utilities and a terminal for the import and export of LNG and sale of natural gas, all within the United States.

 

Sempra South American Utilities and Sempra Mexico comprise our Sempra International operating unit. Sempra Renewables and Sempra Natural Gas comprise our Sempra U.S. Gas & Power operating unit.

We evaluate each segment's performance based on its contribution to Sempra Energy's reported earnings. The California Utilities operate in essentially separate service territories, under separate regulatory frameworks and rate structures set by the CPUC. The California Utilities' operations are based on rates set by the CPUC and the FERC. We describe the accounting policies of all of our segments in Note 1.

Common services shared by the business segments are assigned directly or allocated based on various cost factors, depending on the nature of the service provided. Interest income and expense is recorded on intercompany loans. The loan balances and related interest are eliminated in consolidation.

Sempra Natural Gas' sales to the DWR, under a 10-year contract that expired September 30, 2011, comprised 6 percent of our revenues in 2011.

The following tables show selected information by segment from our Consolidated Statements of Operations and Consolidated Balance Sheets. We provide information about our equity method investments by segment in Note 4. Amounts labeled as “All other” in the following tables consist primarily of parent organizations and the former commodities-marketing businesses of RBS Sempra Commodities, as we discuss in Note 4.

SEGMENT INFORMATION
(Dollars in millions)
 Years ended December 31,
 201320122011
REVENUES            
SDG&E$ 4,066 39%$ 3,694 38%$ 3,373 34%
SoCalGas  3,736 35   3,282 34   3,816 38 
Sempra South American Utilities  1,495 14   1,441 15   1,080 11 
Sempra Mexico  675 6   605 6   736 7 
Sempra Renewables  82 1   68 1   22 ― 
Sempra Natural Gas  908 9   931 10   1,632 16 
Adjustments and eliminations  (2) ―   (2) ―   (2) ― 
Intersegment revenues(1)  (403) (4)   (372) (4)   (621) (6) 
Total$ 10,557 100%$ 9,647 100%$ 10,036 100%
INTEREST EXPENSE            
SDG&E$ 197  $ 173  $ 142  
SoCalGas  69    68    69  
Sempra South American Utilities  27    32    34  
Sempra Mexico  17    8    19  
Sempra Renewables  23    22    13  
Sempra Natural Gas  116    98    80  
All other  241    251    233  
Intercompany eliminations  (131)    (159)    (125)  
Total$ 559  $ 493  $ 465  
INTEREST INCOME            
SDG&E$ 1  $ ―  $ ―  
SoCalGas  ―    ―    1  
Sempra South American Utilities  14    15    22  
Sempra Mexico  2    2    1  
Sempra Renewables  20    6    ―  
Sempra Natural Gas  88    55    34  
All other  ―    4    ―  
Intercompany eliminations  (105)    (58)    (32)  
Total$ 20  $ 24  $ 26  
DEPRECIATION AND AMORTIZATION            
SDG&E$ 494 44%$ 490 45%$ 422 43%
SoCalGas  383 35   362 33   331 34 
Sempra South American Utilities  59 5   56 5   40 4 
Sempra Mexico  63 6   62 6   63 6 
Sempra Renewables  21 2   16 1   6 1 
Sempra Natural Gas  81 7   93 9   103 11 
All other  12 1   11 1   11 1 
Total$ 1,113 100%$ 1,090 100%$ 976 100%
INCOME TAX EXPENSE (BENEFIT)            
SDG&E$ 191  $ 190  $ 237  
SoCalGas  116    79    143  
Sempra South American Utilities  67    78    42  
Sempra Mexico  60    73    37  
Sempra Renewables  (19)    (63)    (28)  
Sempra Natural Gas  40    (157)    72  
All other  (89)    (141)    (109)  
Total$ 366  $ 59  $ 394  

SEGMENT INFORMATION (Continued)
(Dollars in millions)
  At December 31 or for the years ended December 31,
  201320122011
EARNINGS (LOSSES)            
SDG&E(2)$ 404 41%$ 484 56%$ 431 32%
SoCalGas(3)  364 37   289 34   287 22 
Sempra South American Utilities  153 15   164 19   425 32 
Sempra Mexico  122 12   157 18   192 14 
Sempra Renewables  62 6   61 7   7 1 
Sempra Natural Gas  64 6   (241) (28)   115 9 
All other  (168) (17)   (55) (6)   (126) (10) 
Total$ 1,001 100%$ 859 100%$ 1,331 100%
ASSETS            
SDG&E$ 15,377 41%$ 14,744 40%$ 13,555 41%
SoCalGas  9,147 25   9,071 25   8,475 25 
Sempra South American Utilities  3,531 10   3,310 9   2,981 9 
Sempra Mexico  3,246 9   2,591 7   2,502 8 
Sempra Renewables  1,219 3   2,439 7   1,210 4 
Sempra Natural Gas  7,200 19   5,145 14   5,738 17 
All other  838 2   818 2   442 1 
Intersegment receivables  (3,314) (9)   (1,619) (4)   (1,654) (5) 
Total$ 37,244 100%$ 36,499 100%$ 33,249 100%
EXPENDITURES FOR PROPERTY, PLANT & EQUIPMENT            
SDG&E$ 978 38%$ 1,237 42%$ 1,831 64%
SoCalGas  762 30   639 22   683 24 
Sempra South American Utilities  200 8   183 6   110 4 
Sempra Mexico  371 14   45 2   16 ― 
Sempra Renewables  176 7   717 24   248 9 
Sempra Natural Gas  83 3   131 4   157 6 
All other  2 ―   4 ―   4 ― 
Intercompany eliminations(4)  ― ―   ― ―   (205) (7) 
Total$ 2,572 100%$ 2,956 100%$ 2,844 100%
GEOGRAPHIC INFORMATION            
Long-lived assets(5):            
United States$ 22,654 84%$ 22,698 85%$ 21,405 85%
Mexico  2,597 9   2,219 8   2,189 9 
South America  1,784 7   1,790 7   1,542 6 
Total$ 27,035 100%$ 26,707 100%$ 25,136 100%
              
Revenues:            
United States$ 8,478 80%$ 7,711 80%$ 8,521 85%
South America  1,495 14   1,441 15   1,080 11 
Mexico  584 6   495 5   435 4 
Total$ 10,557 100%$ 9,647 100%$ 10,036 100%
(1)Revenues for reportable segments include intersegment revenues of:
 $10 million, $70 million, $91 million and $232 million for 2013, $8 million, $46 million, $108 million and $210 million for 2012, and $6 million, $53 million, $300 million and $262 million for 2011 for SDG&E, SoCalGas, Sempra Mexico and Sempra Natural Gas, respectively.
(2)After preferred dividends and 2013 call premium on preferred stock.
(3)After preferred dividends.
(4)Amount represents elimination of intercompany sale of El Dorado power plant (renamed Desert Star Energy Center) in 2011, by Sempra Natural Gas to SDG&E.
(5)Includes net property, plant and equipment and investments.