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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Schedule Of Quarterly Financial Data Table We provide quarterly financial information for Sempra Energy Consolidated, SDG&E and SoCalGas below:
SEMPRA ENERGY
(In millions, except per share amounts)
 
Quarters ended
 
March 31
 
June 30
 
September 30
 
December 31
2018:
 
 
 
 
 
 
 
Revenues
$
2,962

 
$
2,564

 
$
2,940

 
$
3,221

Expenses and other income
$
2,295

 
$
3,673

 
$
2,513

 
$
2,160

 
 
 
 
 
 
 
 
Net income (loss)
$
358

 
$
(530
)
 
$
334

 
$
964

Earnings (losses) attributable to common shares
$
347

 
$
(561
)
 
$
274

 
$
864

 
 
 
 
 
 
 
 
Basic per-share amounts(1):
 

 
 

 
 

 
 

Net income (loss)
$
1.39

 
$
(1.99
)
 
$
1.22

 
$
3.51

Earnings (losses) attributable to common shares
$
1.34

 
$
(2.11
)
 
$
1.00

 
$
3.15

Weighted-average common shares outstanding
257.9

 
265.8

 
273.9

 
274.3

 
 
 
 
 
 
 
 
Diluted per-share amounts(1)(2):
 

 
 

 
 

 
 

Net income (loss)
$
1.38

 
$
(1.99
)
 
$
1.21

 
$
3.25

Earnings (losses) attributable to common shares(3)
$
1.33

 
$
(2.11
)
 
$
0.99

 
$
3.03

Weighted-average common shares outstanding
259.5

 
265.8

 
275.9

 
296.4

2017:
 

 
 

 
 

 
 

Revenues
$
3,031

 
$
2,533

 
$
2,679

 
$
2,964

Expenses and other income(4)
$
2,279

 
$
2,136

 
$
2,674

 
$
2,567

 
 
 
 
 
 
 
 
Net income (loss)
$
452

 
$
248

 
$
102

 
$
(451
)
Earnings (losses) attributable to common shares
$
441

 
$
259

 
$
57

 
$
(501
)
 
 
 
 
 
 
 
 
Basic per-share amounts(1):
 

 
 

 
 

 
 

Net income (loss)
$
1.80

 
$
0.99

 
$
0.41

 
$
(1.80
)
Earnings (losses) attributable to common shares
$
1.76

 
$
1.03

 
$
0.23

 
$
(1.99
)
Weighted-average common shares outstanding
251.1

 
251.4

 
251.7

 
251.9

 
 
 
 
 
 
 
 
Diluted per-share amounts(1)(2):
 

 
 

 
 

 
 

Net income (loss)
$
1.79

 
$
0.98

 
$
0.41

 
$
(1.80
)
Earnings (losses) attributable to common shares
$
1.75

 
$
1.03

 
$
0.22

 
$
(1.99
)
Weighted-average common shares outstanding
252.2

 
252.8

 
253.4

 
251.9

(1) 
EPS is computed independently for each of the quarters and therefore may not sum to the total for the year.
(2) 
In the quarters ended June 30, 2018 and December 31, 2017, the total weighted-average potentially dilutive securities were not included in the computation of losses per common share since to do so would have decreased the loss per share.
(3) 
Due to the dilutive effect of the mandatory convertible preferred stock in the quarter ended December 31, 2018, the numerator used to calculate diluted EPS included an add-back of $36 million of mandatory convertible preferred stock dividends declared in that quarter.
(4) 
Amount reflects a reclassification of equity earnings to conform to current year presentation, which we discuss in Note 1.
SDG&E
(Dollars in millions)
 
Quarters ended
 
March 31
 
June 30
 
September 30
 
December 31
2018:
 
 
 
 
 
 
 
Operating revenues
$
1,055

 
$
1,051

 
$
1,299

 
$
1,163

Operating expenses
807

 
836

 
999

 
916

Operating income
$
248

 
$
215

 
$
300

 
$
247

 
 
 
 
 
 
 
 
Net income
$
169

 
$
146

 
$
216

 
$
145

Losses (earnings) attributable to noncontrolling interest
1

 

 
(11
)
 
3

Earnings attributable to common shares
$
170

 
$
146

 
$
205

 
$
148

2017:
 

 
 

 
 

 
 

Operating revenues
$
1,057

 
$
1,058

 
$
1,236

 
$
1,125

Operating expenses(1)
783

 
821

 
1,294

 
869

Operating income (loss)(1)
$
274

 
$
237

 
$
(58
)
 
$
256

 
 
 
 
 
 
 
 
Net income (loss)
$
157

 
$
153

 
$
(19
)
 
$
130

(Earnings) losses attributable to noncontrolling interest
(2
)
 
(4
)
 
(9
)
 
1

Earnings (losses) attributable to common shares
$
155

 
$
149

 
$
(28
)
 
$
131

(1) 
As adjusted for the retrospective adoption of ASU 2017-07, which we discuss in Note 2.
SOCALGAS
(Dollars in millions)
 
Quarters ended
 
March 31
 
June 30
 
September 30
 
December 31
2018:
 
 
 
 
 
 
 
Operating revenues
$
1,126

 
$
772

 
$
802

 
$
1,262

Operating expenses
848

 
703

 
797

 
1,023

Operating income
$
278

 
$
69

 
$
5

 
$
239

 
 
 
 
 
 
 
 
Net income (loss)
$
225

 
$
34

 
$
(14
)
 
$
156

Dividends on preferred stock

 
(1
)
 

 

Earnings (losses) attributable to common shares
$
225

 
$
33

 
$
(14
)
 
$
156

2017:
 

 
 

 
 

 
 

Operating revenues
$
1,241

 
$
770

 
$
684

 
$
1,090

Operating expenses(1)
929

 
690

 
679

 
860

Operating income(1)
$
312

 
$
80

 
$
5

 
$
230

 
 
 
 
 
 
 
 
Net income
$
203

 
$
59

 
$
7

 
$
128

Dividends on preferred stock

 
(1
)
 

 

Earnings attributable to common shares
$
203

 
$
58


$
7

 
$
128


(1) 
As adjusted for the retrospective adoption of ASU 2017-07, which we discuss in Note 2.