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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Schedule Of Quarterly Financial Data Table
SDG&E
(Dollars in millions)
 
Quarters ended
 
March 31
 
June 30
 
September 30
 
December 31
2019:
 
 
 
 
 
 
 
Operating revenues
$
1,145

 
$
1,094

 
$
1,427

 
$
1,259

Operating expenses
883

 
831

 
1,004

 
894

Operating income
$
262

 
$
263

 
$
423

 
$
365

 
 
 
 
 
 
 
 
Net income
$
177

 
$
146

 
$
266

 
$
185

Earnings attributable to noncontrolling interest
(1
)
 
(3
)
 
(3
)
 
—

Earnings attributable to common shares
$
176

 
$
143

 
$
263

 
$
185

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

SOCALGAS
(Dollars in millions)
 
Quarters ended
 
March 31
 
June 30
 
September 30
 
December 31
2019:
 
 
 
 
 
 
 
Operating revenues
$
1,361

 
$
806

 
$
975

 
$
1,383

Operating expenses
1,060

 
747

 
762

 
1,000

Operating income
$
301

 
$
59

 
$
213

 
$
383

 
 
 
 
 
 
 
 
Net income
$
264

 
$
31

 
$
143

 
$
204

Dividends on preferred stock
—

 
(1
)
 
—

 
—

Earnings attributable to common shares
$
264

 
$
30

 
$
143

 
$
204

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


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
2019:
 
 
 
 
 
 
 
Revenues
$
2,898

 
$
2,230

 
$
2,758

 
$
2,943

Expenses and other income
$
2,397

 
$
1,944

 
$
2,310

 
$
2,444

 
 
 
 
 
 
 
 
Income from continuing operations, net of income tax
$
560

 
$
357

 
$
653

 
$
429

(Loss) income from discontinued operations, net of income tax
(42
)
 
78

 
256

 
71

Net income
$
518

 
$
435

 
$
909

 
$
500

 
 
 
 
 
 
 
 
Earnings attributable to common shares
$
441

 
$
354

 
$
813

 
$
447

 
 
 
 
 
 
 
 
Basic EPS(1):
 

 
 

 
 

 
 

Earnings from continuing operations
$
1.79

 
$
1.03

 
$
2.04

 
$
1.36

(Losses) earnings from discontinued operations
$
(0.19
)
 
$
0.26

 
$
0.89

 
$
0.21

Earnings
$
1.60

 
$
1.29

 
$
2.93

 
$
1.57

Weighted-average common shares outstanding
274.7

 
275.0

 
277.4

 
284.6

 
 
 
 
 
 
 
 
Diluted EPS(1):
 

 
 

 
 

 
 

Earnings from continuing operations(2)
$
1.78

 
$
1.01

 
$
2.00

 
$
1.34

(Losses) earnings from discontinued operations
$
(0.19
)
 
$
0.25

 
$
0.84

 
$
0.21

Earnings(2)
$
1.59

 
$
1.26

 
$
2.84

 
$
1.55

Weighted-average common shares outstanding
277.2

 
279.6

 
295.8

 
288.8

2018:
 

 
 

 
 

 
 

Revenues
$
2,536

 
$
2,175

 
$
2,565

 
$
2,826

Expenses and other income
$
1,943

 
$
3,358

 
$
2,220

 
$
1,867

 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net of income tax
$
330

 
$
(585
)
 
$
280

 
$
913

Income from discontinued operations, net of income tax
28

 
55

 
54

 
51

Net income (loss)
$
358

 
$
(530
)
 
$
334

 
$
964

 
 
 
 
 
 
 
 
Earnings (losses) attributable to common shares
$
347

 
$
(561
)
 
$
274

 
$
864

 
 
 
 
 
 
 
 
Basic EPS(1):
 

 
 

 
 

 
 

Earnings (losses) from continuing operations
$
1.26

 
$
(2.29
)
 
$
0.83

 
$
3.00

Earnings from discontinued operations
$
0.08

 
$
0.18

 
$
0.17

 
$
0.15

Earnings (losses)
$
1.34

 
$
(2.11
)
 
$
1.00

 
$
3.15

Weighted-average common shares outstanding
257.9

 
265.8

 
273.9

 
274.3

 
 
 
 
 
 
 
 
Diluted EPS(1)(3):
 

 
 

 
 

 
 

Earnings (losses) from continuing operations(2)
$
1.25

 
$
(2.29
)
 
$
0.82

 
$
2.89

Earnings from discontinued operations
$
0.08

 
$
0.18

 
$
0.17

 
$
0.14

Earnings (losses)(2)
$
1.33

 
$
(2.11
)
 
$
0.99

 
$
3.03

Weighted-average common shares outstanding
259.5

 
265.8

 
275.9

 
296.4

(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 September 30, 2019 and December 31, 2018, due to the dilutive effect of certain mandatory convertible preferred stock, the numerator used to calculate diluted EPS included an add-back of related mandatory convertible preferred stock dividends declared in those quarters.
(3) 
In the quarter ended June 30, 2018, 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.