XML 54 R29.htm IDEA: XBRL DOCUMENT v3.19.1
DEBT AND CREDIT FACILITIES (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Line of Credit Facilities
PRIMARY U.S. COMMITTED LINES OF CREDIT
 
 
(Dollars in millions)
 
 
 
 
 
March 31, 2019
 
 
 
Total facility
 
Commercial paper outstanding(1)
 
Available unused credit
Sempra Energy(2)
 
$
1,250

 
$

 
$
1,250

Sempra Global(3)
 
3,185

 
(1,289
)
 
1,896

California Utilities(4):
 
 
 
 
 
 
      SDG&E
 
750

 
(238
)
 
512

      SoCalGas
 
750

 
(190
)
 
560

      Less: subject to a combined limit of $1 billion for both utilities
 
(500
)
 

 
(500
)
 
 
1,000

 
(428
)
 
572

Total
 
$
5,435

 
$
(1,717
)
 
$
3,718

(1) 
Because the commercial paper programs are supported by these lines, we reflect the amount of commercial paper outstanding as a reduction to the available unused credit.
(2) 
The facility also provides for issuance of up to $400 million of letters of credit on behalf of Sempra Energy with the amount of borrowings otherwise available under the facility reduced by the amount of outstanding letters of credit. No letters of credit were outstanding at March 31, 2019.
(3) 
Commercial paper outstanding is before reductions of unamortized discount of $2 million. Sempra Energy guarantees Sempra Global’s obligations under the credit facility.
(4) 
The facility also provides for the issuance of letters of credit on behalf of each utility, subject to a combined letter of credit commitment of $250 million for both utilities. The amount of borrowings otherwise available under the facility is reduced by the amount of outstanding letters of credit. No letters of credit were outstanding at March 31, 2019.