GENERAL INFORMATION AND OTHER FINANCIAL DATA (Tables)

9 Months Ended

Sep. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on Sempra Energy’s Condensed Consolidated Balance Sheets to the sum of such amounts reported on Sempra Energy’s Condensed Consolidated Statements of Cash Flows. We provide information about the nature of restricted cash in Note 1 of the Notes to Consolidated Financial Statements in the Annual Report.

RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH
(Dollars in millions)
	September 30,		December 31,
	2020		2019
Sempra Energy Consolidated:
Cash and cash equivalents	$	3,515	$	108
Restricted cash, current	28		31
Restricted cash, noncurrent	3		3
Cash, cash equivalents and restricted cash in discontinued operations	—		75
Total cash, cash equivalents and restricted cash on the Condensed Consolidated Statements of Cash Flows	$	3,546	$	217

Accounts Receivable, Allowance for Credit Loss Table

We provide below allowances and changes in allowances for credit losses for trade and other accounts receivable, excluding allowances related to amounts due from unconsolidated affiliates and off-balance sheet arrangements, which we discuss separately below the table.

TRADE AND OTHER ACCOUNTS RECEIVABLE – ALLOWANCES FOR CREDIT LOSSES
(Dollars in millions)
	Sempra Energy Consolidated(1)		SDG&E(2)		SoCalGas(3)
Allowances for credit losses at December 31, 2019	$	29	$	14	$	15
Incremental allowance upon adoption of ASU 2016-13	1		—		—
Provisions for expected credit losses	84		44		40
Write-offs	(11)		(6)		(5)
Allowances for credit losses at September 30, 2020	$	103	$	52	$	50

(1)     Balance at September 30, 2020 includes $75 million and $28 million in Accounts Receivable – Trade, Net and Accounts Receivable – Other, Net, respectively.

(2)    Balance at September 30, 2020 includes $37 million and $15 million in Accounts Receivable – Trade, Net and Accounts Receivable – Other, Net, respectively.

(3)    Balance at September 30, 2020 includes $37 million and $13 million in Accounts Receivable – Trade, Net and Accounts Receivable – Other, Net, respectively.

Financing Receivable, Allowance for Credit Loss

We provide below the changes in allowances for credit losses for loans and other amounts due from unconsolidated affiliates.

AMOUNTS DUE FROM UNCONSOLIDATED AFFILIATES – ALLOWANCES FOR CREDIT LOSSES
(Dollars in millions)
	Sempra Energy Consolidated(1)
Allowances for credit losses at December 31, 2019	$	—
Allowance established upon adoption of ASU 2016-13	6
Reduction to expected credit losses	(3)
Allowances for credit losses at September 30, 2020	$	3

(1)    Balance at September 30, 2020 includes negligible amounts and $3 million in Due from Unconsolidated Affiliates – Current and Due from Unconsolidated Affiliates – Noncurrent, respectively.

Inventory Table

The components of inventories are as follows:

INVENTORY BALANCES
(Dollars in millions)
	Natural gas				LNG				Materials and supplies				Total
	September 30, 2020		December 31, 2019		September 30, 2020		December 31, 2019		September 30, 2020		December 31, 2019		September 30, 2020		December 31, 2019
Sempra Energy Consolidated	$	127	$	110	$	2	$	9	$	180	$	158	$	309	$	277
SDG&E	—		1		—		—		105		93		105		94
SoCalGas	104		90		—		—		56		46		160		136

Wildfire Fund Table

The following table summarizes the location of balances related to the Wildfire Fund on Sempra Energy’s and SDG&E’s Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Operations.

WILDFIRE FUND
(Dollars in millions)
	Location					September 30, 2020		December 31, 2019
Wildfire Fund asset:
Current	Other Current Assets(1)					$	29	$	29
Noncurrent	Wildfire Fund					371		392
Wildfire Fund obligation:
Current	Other Current Liabilities					$	13	$	13
Noncurrent	Deferred Credits and Other					87		86
		Three months ended September 30,				Nine months ended September 30,
		2020		2019		2020		2019
Amortization of Wildfire Fund asset	Operation and Maintenance	$	7	$	8	$	21	$	8
Accretion of Wildfire Fund obligation	Operation and Maintenance	—		—		1		—

(1)    Included in Prepaid Expenses for SDG&E.

In January 2020, SDG&E filed an advice letter to continue the cost of preferred equity for test year 2020 at 6.22%, which the CPUC approved in March 2020.

CPUC AUTHORIZED COST OF CAPITAL AND RATE STRUCTURE
SDG&E							SoCalGas
Authorized weighting		Return on rate base		Weighted return on rate base			Authorized weighting		Return on rate base		Weighted return on rate base
45.25	%	4.59	%	2.08	%	Long-Term Debt	45.60	%	4.23	%	1.93	%
2.75		6.22		0.17		Preferred Equity	2.40		6.00		0.14
52.00		10.20		5.30		Common Equity	52.00		10.05		5.23
100.00	%			7.55	%		100.00	%			7.30	%

Capitalized Financing Costs Table

The table below summarizes capitalized interest and AFUDC.

CAPITALIZED FINANCING COSTS
(Dollars in millions)
	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Sempra Energy Consolidated	$	51	$	46	$	149	$	144
SDG&E	26		19		79		56
SoCalGas	14		13		39		35

Net Periodic Benefit Cost Table

The following three tables provide the components of net periodic benefit cost.

NET PERIODIC BENEFIT COST – SEMPRA ENERGY CONSOLIDATED
(Dollars in millions)
	Pension benefits				Other postretirement benefits
	Three months ended September 30,
	2020		2019		2020		2019
Service cost	$	31	$	27	$	5	$	4
Interest cost	32		34		8		9
Expected return on assets	(41)		(36)		(14)		(17)
Amortization of:
Prior service cost (credit)	3		3		(1)		—
Actuarial loss (gain)	9		8		(2)		(3)
Settlement charges	13		4		—		—
Net periodic benefit cost (credit)	47		40		(4)		(7)
Regulatory adjustments	37		3		4		8
Total expense recognized	$	84	$	43	$	—	$	1
	Nine months ended September 30,
	2020		2019		2020		2019
Service cost	$	97	$	82	$	14	$	12
Interest cost	97		104		24		27
Expected return on assets	(126)		(108)		(41)		(52)
Amortization of:
Prior service cost (credit)	9		9		(2)		—
Actuarial loss (gain)	26		29		(7)		(8)
Settlement charges	22		26		—		—
Net periodic benefit cost (credit)	125		142		(12)		(21)
Regulatory adjustments	31		(30)		12		22
Total expense recognized	$	156	$	112	$	—	$	1

NET PERIODIC BENEFIT COST – SDG&E
(Dollars in millions)
	Pension benefits				Other postretirement benefits
	Three months ended September 30,
	2020		2019		2020		2019
Service cost	$	7	$	7	$	1	$	1
Interest cost	7		9		2		1
Expected return on assets	(12)		(9)		(3)		(3)
Amortization of:
Prior service cost	1		—		—		1
Actuarial loss (gain)	1		2		(1)		—
Net periodic benefit cost (credit)	4		9		(1)		—
Regulatory adjustments	22		(1)		1		—
Total expense recognized	$	26	$	8	$	—	$	—
	Nine months ended September 30,
	2020		2019		2020		2019
Service cost	$	23	$	22	$	3	$	3
Interest cost	22		26		5		5
Expected return on assets	(37)		(29)		(8)		(9)
Amortization of:
Prior service cost	2		2		—		2
Actuarial loss (gain)	3		9		(2)		(1)
Net periodic benefit cost (credit)	13		30		(2)		—
Regulatory adjustments	28		(13)		2		—
Total expense recognized	$	41	$	17	$	—	$	—

NET PERIODIC BENEFIT COST – SOCALGAS
(Dollars in millions)
	Pension benefits				Other postretirement benefits
	Three months ended September 30,
	2020		2019		2020		2019
Service cost	$	20	$	17	$	3	$	3
Interest cost	22		23		7		6
Expected return on assets	(27)		(24)		(11)		(14)
Amortization of:
Prior service cost (credit)	2		2		(1)		(1)
Actuarial loss (gain)	6		3		(1)		(2)
Net periodic benefit cost (credit)	23		21		(3)		(8)
Regulatory adjustments	15		4		3		8
Total expense recognized	$	38	$	25	$	—	$	—
	Nine months ended September 30,
	2020		2019		2020		2019
Service cost	$	64	$	51	$	10	$	9
Interest cost	66		68		19		20
Expected return on assets	(81)		(71)		(32)		(43)
Amortization of:
Prior service cost (credit)	6		6		(2)		(2)
Actuarial loss (gain)	19		14		(5)		(6)
Net periodic benefit cost (credit)	74		68		(10)		(22)
Regulatory adjustments	3		(17)		10		22
Total expense recognized	$	77	$	51	$	—	$	—

Contributions to Benefit Plans Table

The following table shows our year-to-date contributions to pension and other postretirement benefit plans and the amounts we expect to contribute in 2020.

BENEFIT PLAN CONTRIBUTIONS
(Dollars in millions)
	Sempra Energy Consolidated		SDG&E		SoCalGas
Contributions through September 30, 2020:
Pension plans	$	202	$	39	$	76
Other postretirement benefit plans	6		1		1
Total expected contributions in 2020:
Pension plans	$	298	$	54	$	155
Other postretirement benefit plans	8		1		1

Earnings Per Share Computations Table

Basic EPS is calculated by dividing earnings attributable to common shares (from both continuing and discontinued operations) by the weighted-average number of common shares outstanding for the period. Diluted EPS includes the potential dilution of common stock equivalent shares that could occur if securities or other contracts to issue common stock were exercised or converted into common stock.

EARNINGS PER COMMON SHARE COMPUTATIONS
(Dollars in millions, except per share amounts; shares in thousands)
	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Numerator for continuing operations:
Income from continuing operations, net of income tax	$	428	$	653	$	1,823	$	1,570
Earnings attributable to noncontrolling interests	(22)		(52)		(191)		(121)
Preferred dividends	(48)		(36)		(121)		(107)
Preferred dividends of subsidiary	—		—		(1)		(1)
Earnings from continuing operations attributable to common shares for basic EPS	358		565		1,510		1,341
Add back dividends for dilutive mandatory convertible preferred stock(1)	—		26		—		—
Earnings from continuing operations attributable to common shares for diluted EPS	$	358	$	591	$	1,510	$	1,341
Numerator for discontinued operations:
(Loss) income from discontinued operations, net of income tax	$	(7)	$	256	$	1,850	$	292
Earnings attributable to noncontrolling interests	—		(8)		(10)		(25)
(Losses) earnings from discontinued operations attributable to common shares	$	(7)	$	248	$	1,840	$	267
Numerator for earnings:
Earnings attributable to common shares for basic EPS	$	351	$	813	$	3,350	$	1,608
Add back dividends for dilutive mandatory convertible preferred stock(1)	—		26		—		—
Earnings attributable to common shares for diluted EPS	$	351	$	839	$	3,350	$	1,608
Denominator:
Weighted-average common shares outstanding for basic EPS(2)	289,490		277,360		291,771		275,684
Dilutive effect of stock options and RSUs(3)	1,092		1,636		1,164		1,381
Dilutive effect of common shares sold forward	—		3,555		—		2,744
Dilutive effect of mandatory convertible preferred stock	—		13,238		—		—
Weighted-average common shares outstanding for diluted EPS	290,582		295,789		292,935		279,809
Basic EPS:
Earnings from continuing operations	$	1.23	$	2.04	$	5.17	$	4.86
(Losses) earnings from discontinued operations	$	(0.02)	$	0.89	$	6.31	$	0.97
Earnings	$	1.21	$	2.93	$	11.48	$	5.83
Diluted EPS:
Earnings from continuing operations	$	1.23	$	2.00	$	5.15	$	4.79
(Losses) earnings from discontinued operations	$	(0.02)	$	0.84	$	6.28	$	0.95
Earnings	$	1.21	$	2.84	$	11.43	$	5.74

(1)    In the three months ended September 30, 2019, due to the dilutive effect of our series A preferred stock, the numerator used to calculate diluted EPS includes an add-back of dividends declared on our series A preferred stock.

(2)    Includes 535 and 618 average fully vested RSUs held in our Deferred Compensation Plan for the three months ended September 30, 2020 and 2019, respectively, and 536 and 615 of such RSUs for the nine months ended September 30, 2020 and 2019, respectively. These fully vested RSUs are included in weighted-average common shares outstanding for basic EPS because there are no conditions under which the corresponding shares will not be issued.

(3)    Due to market fluctuations of both Sempra Energy common stock and the comparative indices used to determine the vesting percentage of our total shareholder return performance-based RSUs, which we discuss in Note 10 of the Notes to Consolidated Financial Statements in the Annual Report, dilutive RSUs may vary widely from period-to-period.

Schedule of Accumulated Other Comprehensive Income (Loss) Table

The following tables present the changes in AOCI by component and amounts reclassified out of AOCI to net income, excluding amounts attributable to NCI.

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT(1)
(Dollars in millions)
	Foreign currency translation adjustments		Financial instruments		Pension and other postretirement benefits		Total accumulated other comprehensive income (loss)
	Three months ended September 30, 2020 and 2019
Sempra Energy Consolidated(2):
Balance as of June 30, 2020	$	(83)	$	(361)	$	(98)	$	(542)
OCI before reclassifications	6		14		(7)		13
Amounts reclassified from AOCI	—		4		12		16
Net OCI(3)	6		18		5		29
Balance as of September 30, 2020	$	(77)	$	(343)	$	(93)	$	(513)
Balance as of June 30, 2019	$	(518)	$	(213)	$	(117)	$	(848)
OCI before reclassifications	(91)		(41)		(7)		(139)
Amounts reclassified from AOCI	—		4		5		9
Net OCI	(91)		(37)		(2)		(130)
Balance as of September 30, 2019	$	(609)	$	(250)	$	(119)	$	(978)
SDG&E:
Balance as of June 30, 2020 and September 30, 2020					$	(12)	$	(12)
Balance as of June 30, 2019 and September 30, 2019					$	(11)	$	(11)
SoCalGas:
Balance as of June 30, 2020 and September 30, 2020			$	(13)	$	(9)	$	(22)
Balance as of June 30, 2019			$	(14)	$	(6)	$	(20)
Amounts reclassified from AOCI			1		—		1
Net OCI			1		—		1
Balance as of September 30, 2019			$	(13)	$	(6)	$	(19)

(1)    All amounts are net of income tax, if subject to tax, and exclude NCI.

(2)    Includes discontinued operations in 2019.

(3)    Total AOCI includes $5 million associated with purchases of NCI, which we discuss below in “Other Noncontrolling Interests – Sempra Mexico,” and which does not impact the Condensed Consolidated Statement of Comprehensive Income (Loss).

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT(1) (CONTINUED)
(Dollars in millions)
	Foreign currency translation adjustments		Financial instruments		Pension and other postretirement benefits		Total accumulated other comprehensive income (loss)
	Nine months ended September 30, 2020 and 2019
Sempra Energy Consolidated(2):
Balance as of December 31, 2019	$	(607)	$	(215)	$	(117)	$	(939)
OCI before reclassifications(3)	(115)		(153)		(5)		(273)
Amounts reclassified from AOCI(3)	645		25		29		699
Net OCI(4)	530		(128)		24		426
Balance as of September 30, 2020	$	(77)	$	(343)	$	(93)	$	(513)
Balance as of December 31, 2018	$	(564)	$	(82)	$	(118)	$	(764)
Adoption of ASU 2018-02	—		(25)		(17)		(42)
OCI before reclassifications(3)	(45)		(153)		(13)		(211)
Amounts reclassified from AOCI(3)	—		10		29		39
Net OCI	(45)		(143)		16		(172)
Balance as of September 30, 2019	$	(609)	$	(250)	$	(119)	$	(978)
SDG&E:
Balance as of December 31, 2019					$	(16)	$	(16)
Amounts reclassified from AOCI(3)					4		4
Net OCI					4		4
Balance as of September 30, 2020					$	(12)	$	(12)
Balance as of December 31, 2018					$	(10)	$	(10)
Adoption of ASU 2018-02					(2)		(2)
Amounts reclassified from AOCI					1		1
Net OCI					1		1
Balance as of September 30, 2019					$	(11)	$	(11)
SoCalGas:
Balance as of December 31, 2019			$	(13)	$	(10)	$	(23)
Amounts reclassified from AOCI			—		1		1
Net OCI			—		1		1
Balance as of September 30, 2020			$	(13)	$	(9)	$	(22)
Balance as of December 31, 2018			$	(12)	$	(8)	$	(20)
Adoption of ASU 2018-02			(2)		(2)		(4)
Amounts reclassified from AOCI(3)			1		4		5
Net OCI			1		4		5
Balance as of September 30, 2019			$	(13)	$	(6)	$	(19)

(1)    All amounts are net of income tax, if subject to tax, and exclude NCI.

(2)    Includes discontinued operations.

(3)    Pension and Other Postretirement Benefits and Total AOCI include $3 million in transfers of liabilities from SDG&E to Sempra Energy in 2020 and $4 million in transfers of liabilities from SoCalGas to Sempra Energy in 2019 related to the nonqualified pension plans.

(4)    Total AOCI includes $5 million associated with purchases of NCI, which we discuss below in “Other Noncontrolling Interests – Sempra Mexico,” and which does not impact the Condensed Consolidated Statement of Comprehensive Income (Loss).

Reclassifications out of AOCI Table

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
(Dollars in millions)
Details about accumulated other comprehensive income (loss) components	Amounts reclassified from accumulated other comprehensive income (loss)				Affected line item on Condensed Consolidated Statements of Operations
	Three months ended September 30,
	2020		2019
Sempra Energy Consolidated:
Financial instruments:
Interest rate and foreign exchange instruments(1)	$	3	$	1	Interest Expense
	(4)		5		Other Income (Expense), Net
Interest rate and foreign exchange instruments	5		2		Equity Earnings
Total before income tax	4		8
	—		(2)		Income Tax Expense
Net of income tax	4		6
	—		(2)		Earnings Attributable to Noncontrolling Interests
	$	4	$	4
Pension and other postretirement benefits(2):
Amortization of actuarial loss	$	3	$	3	Other Income (Expense), Net
Amortization of prior service cost	1		1		Other Income (Expense), Net
Settlement charges	13		4		Other Income (Expense), Net
Total before income tax	17		8
	(5)		(3)		Income Tax Expense
Net of income tax	$	12	$	5
Total reclassifications for the period, net of tax	$	16	$	9
SDG&E:
Financial instruments:
Interest rate instruments(1)	$	—	$	1	Interest Expense
	—		(1)		Earnings Attributable to Noncontrolling Interest
Total reclassifications for the period, net of tax	$	—	$	—
SoCalGas:
Financial instruments:
Interest rate instruments	$	—	$	1	Interest Expense
Total reclassifications for the period, net of tax	$	—	$	1

(1)    Amounts in 2019 include Otay Mesa VIE. All of SDG&E’s interest rate derivative activity relates to Otay Mesa VIE.

(2)    Amounts are included in the computation of net periodic benefit cost (see “Pension and Other Postretirement Benefits” above).

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (CONTINUED)
(Dollars in millions)
Details about accumulated other comprehensive income (loss) components	Amounts reclassified from accumulated other comprehensive income (loss)				Affected line item on Condensed Consolidated Statements of Operations
	Nine months ended September 30,
	2020		2019
Sempra Energy Consolidated:
Foreign currency translation adjustments	$	645	$	—	(Loss) Income from Discontinued Operations, Net of Income Tax
Financial instruments:
Interest rate and foreign exchange instruments(1)	$	7	$	2	Interest Expense
	33		—		Other Income (Expense), Net
Interest rate instruments	—		10		(Loss) Gain on Sale of Assets
Interest rate and foreign exchange instruments	6		3		Equity Earnings
Foreign exchange instruments	(2)		1		Revenues: Energy-Related Businesses
	(1)		—		Other Income (Expense), Net
Total before income tax	43		16
	(12)		(3)		Income Tax Expense
Net of income tax	31		13
	(6)		(3)		Earnings Attributable to Noncontrolling Interests
	$	25	$	10
Pension and other postretirement benefits(2):
Amortization of actuarial loss	$	6	$	7	Other Income (Expense), Net
Amortization of actuarial loss	6		—		(Loss) Income from Discontinued Operations, Net of Income Tax
Amortization of prior service cost	3		2		Other Income (Expense), Net
Settlement charges	22		26		Other Income (Expense), Net
Total before income tax	37		35
	(2)		—		(Loss) Income from Discontinued Operations, Net of Income Tax
	(9)		(10)		Income Tax Expense
Net of income tax	$	26	$	25
Total reclassifications for the period, net of tax	$	696	$	35
SDG&E:
Financial instruments:
Interest rate instruments(1)	$	—	$	3	Interest Expense
	—		(3)		Earnings Attributable to Noncontrolling Interest
	$	—	$	—
Pension and other postretirement benefits(2):
Amortization of prior service cost	$	1	$	1	Other Income, Net
Total reclassifications for the period, net of tax	$	1	$	1
SoCalGas:
Financial instruments:
Interest rate instruments	$	—	$	1	Interest Expense
Pension and other postretirement benefits(2):
Amortization of prior service cost	$	1	$	—	Other Income, Net
Total reclassifications for the period, net of tax	$	1	$	1

(1)    Amounts in 2019 include Otay Mesa VIE. All of SDG&E’s interest rate derivative activity relates to Otay Mesa VIE.

(2)    Amounts are included in the computation of net periodic benefit cost (see “Pension and Other Postretirement Benefits” above).

Ownership Interests Held By Others Table

The following table provides information about NCI held by others in subsidiaries or entities consolidated by us and recorded in Other Noncontrolling Interests in Total Equity on Sempra Energy’s Condensed Consolidated Balance Sheets.

OTHER NONCONTROLLING INTERESTS
(Dollars in millions)
	Percent ownership held by noncontrolling interests				Equity (deficit) held by noncontrolling interests
	September 30, 2020		December 31, 2019		September 30, 2020		December 31, 2019
Sempra Mexico:
IEnova	30.8	%	33.4	%	$	1,586	$	1,608
IEnova subsidiaries(1)	17.5		10.0 – 46.3		7		15
Sempra LNG:
Liberty Gas Storage LLC	—		24.6		—		(13)
ECA LNG JV	15.4		16.7		15		12
Parent and other:
PXiSE Energy Solutions, LLC	20.0		20.0		—		1
Discontinued Operations:
Chilquinta Energía subsidiaries(1)	—		19.7 – 43.4		—		23
Luz del Sur	—		16.4		—		205
Tecsur	—		9.8		—		5
Total Sempra Energy					$	1,608	$	1,856

(1)    IEnova and Chilquinta Energía have subsidiaries with NCI held by others. Percentage range reflects the highest and lowest ownership percentages among these subsidiaries.

Transactions with Affiliates Table

We summarize amounts due from and to unconsolidated affiliates at Sempra Energy Consolidated, SDG&E and SoCalGas in the following table.

AMOUNTS DUE FROM (TO) UNCONSOLIDATED AFFILIATES
(Dollars in millions)
	September 30, 2020		December 31, 2019
Sempra Energy Consolidated:
Total due from various unconsolidated affiliates – current, net of negligible allowance for credit losses at September 30, 2020(1)(2)	$	46	$	32
Total due from unconsolidated affiliates – noncurrent – Sempra Mexico – IMG JV – Note due March 15, 2022, net of allowance for credit losses of $3 at September 30, 2020(2)(3)	$	617	$	742
Total due to various unconsolidated affiliates – current	$	(6)	$	(5)
Sempra Mexico(2):
TAG Pipelines Norte, S. de. R.L. de C.V.:
Note due December 20, 2021(4)	$	(41)	$	(39)
5.5% Note due January 9, 2024(5)	(67)		—
TAG JV – 5.74% Note due December 17, 2029(5)	(163)		(156)
Total due to unconsolidated affiliates – noncurrent	$	(271)	$	(195)
SDG&E:
SoCalGas	$	2	$	—
Various affiliates	1		—
Total due from unconsolidated affiliates – current	$	3	$	—
Sempra Energy	$	(56)	$	(37)
SoCalGas	—		(10)
Various affiliates	(5)		(6)
Total due to unconsolidated affiliates – current	$	(61)	$	(53)
Income taxes due from Sempra Energy(6)	$	25	$	130
SoCalGas:
SDG&E	$	—	$	10
Various affiliates	1		1
Total due from unconsolidated affiliates – current	$	1	$	11
Sempra Energy	$	(49)	$	(45)
SDG&E	(2)		—
Pacific Enterprises	(50)		—
Various affiliates	—		(2)
Total due to unconsolidated affiliates – current	$	(101)	$	(47)
Income taxes due from Sempra Energy(6)	$	20	$	152

(1)    Amount at September 30, 2020 includes $25 million of outstanding principal and a negligible amount of accrued interest receivable from a U.S. dollar-denominated loan from IEnova to ESJ at a variable interest rate based on 1-month LIBOR plus 196 bps (2.12% at September 30, 2020) with a maturity date of December 31, 2020. Pursuant to the agreement, if ESJ is unable to meet certain conditions for an expansion project by December 31, 2020, IEnova and ESJ have the option to convert the loan to a 10-year note.

(2)    Amounts include principal balances plus accumulated interest outstanding.

(3)    Mexican peso-denominated revolving line of credit for up to 14.2 billion Mexican pesos or approximately $641 million U.S. dollar-equivalent, at a variable interest rate based on the 91-day Interbank Equilibrium Interest Rate plus 220 bps (6.75% at September 30, 2020), to finance construction of a natural gas marine pipeline. At September 30, 2020, $2 million of accrued interest receivable is included in Due from Unconsolidated Affiliates – Current.

(4)    U.S. dollar-denominated loan at a variable interest rate based on 6-month LIBOR plus 290 bps (3.16% at September 30, 2020).

(5)     U.S. dollar-denominated loan at a fixed interest rate.

(6)    SDG&E and SoCalGas are included in the consolidated income tax return of Sempra Energy and their respective income tax expense is computed as an amount equal to that which would result from each company having always filed a separate return.

The following table summarizes revenues and cost of sales from unconsolidated affiliates.

REVENUES AND COST OF SALES FROM UNCONSOLIDATED AFFILIATES
(Dollars in millions)
	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Revenues:
Sempra Energy Consolidated	$	9	$	13	$	31	$	40
SDG&E	1		2		4		5
SoCalGas	23		16		61		50
Cost of Sales:
Sempra Energy Consolidated	$	9	$	12	$	35	$	40
SDG&E	17		16		56		56
SoCalGas	2		2		2		6

Other Income and Expense Table

Other Income (Expense), Net, on the Condensed Consolidated Statements of Operations consists of the following:

OTHER INCOME (EXPENSE), NET
(Dollars in millions)
	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Sempra Energy Consolidated:
Allowance for equity funds used during construction	$	34	$	25	$	96	$	69
Investment gains(1)	16		9		9		46
Gains (losses) on interest rate and foreign exchange instruments, net	19		(17)		(129)		7
Foreign currency transaction gains (losses), net(2)	15		(13)		(95)		(2)
Non-service component of net periodic benefit cost	(48)		(13)		(45)		(19)
Fine related to Energy Efficiency Program inquiry	(6)		—		(6)		—
Penalties related to billing practices OII	—		—		—		(8)
Interest on regulatory balancing accounts, net	—		4		13		9
Sundry, net	(1)		(2)		(6)		1
Total	$	29	$	(7)	$	(163)	$	103
SDG&E:
Allowance for equity funds used during construction	$	21	$	15	$	61	$	42
Non-service component of net periodic benefit (cost) credit	(18)		—		(15)		8
Fine related to Energy Efficiency Program inquiry	(6)		—		(6)		—
Interest on regulatory balancing accounts, net	—		4		8		10
Sundry, net	1		—		(1)		—
Total	$	(2)	$	19	$	47	$	60
SoCalGas:
Allowance for equity funds used during construction	$	11	$	9	$	29	$	25
Non-service component of net periodic benefit (cost) credit	(15)		(5)		(3)		9
Penalties related to billing practices OII	—		—		—		(8)
Interest on regulatory balancing accounts, net	—		—		5		(1)
Sundry, net	(3)		(3)		(10)		(7)
Total	$	(7)	$	1	$	21	$	18

(1)    Represents investment gains on dedicated assets in support of our executive retirement and deferred compensation plans. These amounts are partially offset by corresponding changes in compensation expense related to the plans, recorded in O&M on the Condensed Consolidated Statements of Operations.

(2)    Includes gains of $15 million and losses of $120 million in the three months and nine months ended September 30, 2020, respectively, and losses of $17 million and a negligible amount in the three months and nine months ended September 30, 2019, respectively, from translation to U.S. dollars of a Mexican peso-denominated loan to IMG JV, which are offset by corresponding amounts included in Equity Earnings on the Condensed Consolidated Statements of Operations.

Income Tax Expense and Effective Income Tax Rates Table

We provide our calculations of ETRs in the following table.

INCOME TAX EXPENSE (BENEFIT) AND EFFECTIVE INCOME TAX RATES
(Dollars in millions)
	Three months ended September 30,						Nine months ended September 30,
	2020			2019			2020			2019
Sempra Energy Consolidated:
Income tax expense from continuing operations	$	99		$	61		$	60		$	150
Income from continuing operations before income taxes and equity earnings	$	201		$	448		$	1,061		$	1,235
Equity earnings, before income tax(1)	117			17			158			24
Pretax income	$	318		$	465		$	1,219		$	1,259
Effective income tax rate	31		%	13		%	5		%	12		%
SDG&E:
Income tax expense	$	33		$	71		$	161		$	111
Income before income taxes	$	211		$	337		$	794		$	700
Effective income tax rate	16		%	21		%	20		%	16		%
SoCalGas:
Income tax (benefit) expense	$	(6)		$	35		$	95		$	50
(Loss) income before income taxes	$	(30)		$	178		$	521		$	488
Effective income tax rate	20		%	20		%	18		%	10		%

(1)    We discuss how we recognize equity earnings in Note 6 of the Notes to Consolidated Financial Statements in the Annual Report.