INVESTMENT IN UNCONSOLIDATED ENTITIES (Tables)

3 Months Ended

Mar. 31, 2021

Investments [Abstract]

Condensed Financial Statements

We provide summarized income statement information for Oncor Holdings in the following table.

SUMMARIZED FINANCIAL INFORMATION – ONCOR HOLDINGS
(Dollars in millions)
	Three months ended March 31,
	2021		2020
Operating revenues	$	1,139	$	1,072
Operating expenses	(829)		(801)
Income from operations	310		271
Interest expense	(102)		(101)
Income tax expense	(36)		(28)
Net income	165		129
Noncontrolling interest held by TTI	(33)		(26)
Earnings attributable to Sempra Energy	132		103

We provide summarized income statement information for IMG JV in the following table.

SUMMARIZED FINANCIAL INFORMATION – IMG JV
(Dollars in millions)
	Three months ended March 31,
	2021		2020
Operating revenues	$	122	$	122
Operating expenses	(27)		(33)
Income from operations	95		89
Other income, net	58		364
Interest expense	(29)		(43)
Income tax (expense) benefit	(31)		10
Net income/Earnings	93		420