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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUES        
Utilities $ 2,277 $ 2,264 $ 7,172 $ 6,700
Energy-related businesses 402 271 1,071 613
Total revenues 2,679 2,535 8,243 7,313
Utilities:        
Cost of electric fuel and purchased power (650) (604) (1,730) (1,680)
Cost of natural gas (190) (208) (903) (702)
Energy-related businesses:        
Cost of natural gas, electric fuel and purchased power (97) (95) (226) (213)
Other cost of sales (21) (32) (5) (293)
Operation and maintenance (762) (703) (2,207) (2,109)
Depreciation and amortization (378) (328) (1,106) (970)
Franchise fees and other taxes (114) (108) (325) (315)
Impairment of wildfire regulatory asset (351) 0 (351) 0
Other impairment losses (1) (132) (72) (154)
Gain on sale of assets 2 131 2 131
Equity earnings, before income tax 10 12 31 4
Remeasurement of equity method investment 0 617 0 617
Operating expenses        
Impairment of wildfire regulatory asset 351 0 351 0
Other impairment losses 1 132 72 154
Other income, net 41 26 301 98
Interest income 12 7 26 19
Interest expense (165) (136) (493) (421)
Income before income taxes and equity earnings (losses) of certain unconsolidated subsidiaries 15 982 1,185 1,325
Income tax benefit (expense) 84 (282) (378) (284)
Equity earnings (losses), net of income tax 3 19 (5) 69
Net income 102 719 802 1,110
(Earnings) losses attributable to noncontrolling interest (45) (97) (44) (118)
Preferred dividends of subsidiary 0 0 (1) (1)
Earnings / Net Income $ 57 $ 622 $ 757 $ 991
Basic earnings per common share (in dollars per share) $ 0.23 $ 2.48 $ 3.01 $ 3.96
Weighted-average number of shares outstanding, basic 251,692 250,386 251,425 250,073
Diluted earnings per common share (in dollars per share) $ 0.22 $ 2.46 $ 2.99 $ 3.93
Weighted-average number of shares outstanding, diluted 253,364 252,405 252,987 251,976
Dividends declared per share of common stock (in dollars per share) $ 0.82 $ 0.76 $ 2.47 $ 2.27
San Diego Gas and Electric Company [Member]        
Operating revenues        
Electric $ 1,131 $ 1,111 $ 2,952 $ 2,851
Natural gas 105 98 399 341
Total operating revenues 1,236 1,209 3,351 3,192
Energy-related businesses:        
Impairment of wildfire regulatory asset (351)   (351) 0
Operating expenses        
Cost of electric fuel and purchased power 417 364 994 926
Cost of natural gas 29 25 132 89
Operation and maintenance 249 268 713 780
Depreciation and amortization 170 161 499 478
Franchise fees and other taxes 74 68 197 190
Impairment of wildfire regulatory asset 351   351 0
Total operating expenses 1,290 886 2,886 2,463
Operating (loss) income (54) 323 465 729
Other income, net 16 11 49 38
Interest expense (53) (49) (151) (145)
Income before income taxes and equity earnings (losses) of certain unconsolidated subsidiaries (91) 285 363 622
Income tax benefit (expense) 72 (91) (72) (204)
Net income (19) 194 291 418
(Earnings) losses attributable to noncontrolling interest (9) (11) (15) 1
Earnings attributable to common shares (28) 183 276 419
Southern California Gas Company [Member]        
Operating revenues        
Total operating revenues 684 686 2,695 2,336
Energy-related businesses:        
Other impairment losses 0 (1) 0 (23)
Operating expenses        
Cost of natural gas 153 171 740 571
Operation and maintenance 355 322 1,044 966
Depreciation and amortization 132 121 384 355
Franchise fees and other taxes 34 33 107 100
Other impairment losses 0 1 0 23
Total operating expenses 674 648 2,275 2,015
Operating (loss) income 10 38 420 321
Other income, net 8 8 28 24
Interest income 1 0 1 0
Interest expense (26) (25) (77) (71)
Income before income taxes and equity earnings (losses) of certain unconsolidated subsidiaries (7) 21 372 274
Income tax benefit (expense) 14 (21) (103) (75)
Net income 7 0 269 199
Dividends, Preferred Stock 0 0 1 1
Earnings attributable to common shares $ 7 $ 0 268 198
Parent [Member]        
Operating expenses        
Preferred dividends of subsidiary     $ (1) $ (1)