ACQUISITIONS, DIVESTITURES AND DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2019

Business Combinations [Abstract]

Schedule Of Assets Held for Sale and Deconsolidation of Subsidiaries Table

The following table summarizes the carrying amounts of the major classes of assets and related liabilities classified as held for sale.

ASSETS HELD FOR SALE
(Dollars in millions)
	Sempra Renewables’ wind assets
	At March 31, 2019
Cash and cash equivalents	$	4
Accounts receivable – trade, net	2
Other current assets	2
Property, plant and equipment, net	366
Total assets held for sale	$	374
Accounts payable – trade	$	1
Asset retirement obligations	6
Total liabilities held for sale(1)	$	7

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Included in Other Current Liabilities on Sempra Energy’s Condensed Consolidated Balance Sheet.Summarized results from discontinued operations were as follows:

DISCONTINUED OPERATIONS
(Dollars in millions)
	Three months ended March 31,
	2019			2018
Revenues	$	421		$	426
Cost of sales	(265		)	(293		)
Operating expenses	(45		)	(54		)
Interest and other	(3		)	(5		)
Income before income taxes and equity earnings of unconsolidated entities	108			74
Income tax expense	(151		)	(47		)
Equity earnings	1			1
(Loss) income from discontinued operations, net of income tax	(42		)	28
Earnings attributable to noncontrolling interests	(9		)	(7		)
(Losses) earnings from discontinued operations attributable to common shares	$	(51	)	$	21

The following table summarizes the carrying amounts of the major classes of assets and related liabilities classified as held for sale in discontinued operations.

ASSETS HELD FOR SALE IN DISCONTINUED OPERATIONS
(Dollars in millions)
	March 31, 2019		December 31, 2018
Cash and cash equivalents	$	67	$	88
Accounts receivable, net	331		315
Due from unconsolidated affiliates	3		2
Inventories	41		38
Other current assets	15		16
Current assets	$	457	$	459
Due from unconsolidated affiliates	$	46	$	44
Goodwill and other intangible assets	834		819
Property, plant and equipment, net	2,459		2,357
Other noncurrent assets	49		39
Noncurrent assets	$	3,388	$	3,259
Short-term debt	$	46	$	55
Accounts payable	188		176
Current portion of long-term debt and finance leases	22		29
Other current liabilities	119		108
Current liabilities	$	375	$	368
Long-term debt and finance leases	$	721	$	708
Deferred income taxes	263		250
Other noncurrent liabilities	62		55
Noncurrent liabilities	$	1,046	$	1,013