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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
We have five separately managed reportable segments, as follows:
SDG&E provides electric service to San Diego and southern Orange counties and natural gas service to San Diego County.
SoCalGas is a natural gas distribution utility, serving customers throughout most of Southern California and part of central California.
Sempra Texas Utilities holds our investment in Oncor Holdings, which owns an 80.25% interest in Oncor, a regulated electric transmission and distribution utility serving customers in the north-central, eastern, western and panhandle regions of Texas; and our indirect, 50% interest in Sharyland Holdings, which owns Sharyland Utilities, a regulated electric transmission utility serving customers near the Texas-Mexico border.
Sempra Mexico develops, owns and operates, or holds interests in, natural gas, electric, LNG, LPG, ethane and liquid fuels infrastructure, and has marketing operations for the purchase of LNG and the purchase and sale of natural gas in Mexico.
Sempra LNG develops, builds, operates and invests in natural gas liquefaction export facilities, including natural gas pipelines and infrastructure, and buys, sells and transports natural gas through its marketing operations, all within North America.
As we discuss in Note 5, the financial information related to our businesses that constituted the Sempra South American Utilities segment is presented as discontinued operations for all periods presented. The information in the tables below excludes amounts from discontinued operations unless otherwise noted. We completed the sales of our discontinued operations in the second quarter of 2020.
We evaluate each segment’s performance based on its contribution to Sempra’s reported earnings and cash flows. The California Utilities operate in essentially separate service territories, under separate regulatory frameworks and rate structures set by the CPUC and, for SDG&E, the FERC. We describe the accounting policies of all of our segments in Note 1 of the Notes to Consolidated Financial Statements in the Annual Report.
The cost of common services shared by the business segments is assigned directly or allocated based on various cost factors, depending on the nature of the service provided. Interest income and expense is recorded on intercompany loans. The loan balances and related interest are eliminated in consolidation.
The following tables show selected information by segment from our Condensed Consolidated Statements of Operations and Condensed Consolidated Balance Sheets. Amounts labeled as “All other” in the following tables consist primarily of activities of parent organizations and include certain nominal amounts from our South American businesses that did not qualify for treatment as discontinued operations.
SEGMENT INFORMATION   
(Dollars in millions)   
 Three months ended June 30,Six months ended June 30,
 2021202020212020
REVENUES    
SDG&E$1,318 $1,235 $2,655 $2,504 
SoCalGas1,124 1,010 2,632 2,405 
Sempra Mexico404 275 771 584 
Sempra LNG 52 69 248 192 
All other— 
Adjustments and eliminations(1)(1)(1)(2)
Intersegment revenues(1)
(157)(62)(307)(129)
Total$2,741 $2,526 $6,000 $5,555 
INTEREST EXPENSE    
SDG&E$101 $103 $203 $204 
SoCalGas40 40 79 80 
Sempra Mexico41 32 79 64 
Sempra LNG15 31 
All other80 102 163 211 
Intercompany eliminations(7)(18)(13)(36)
Total$258 $274 $517 $554 
INTEREST INCOME    
SDG&E$— $— $$
SoCalGas— — 
Sempra Mexico12 15 24 33 
Sempra LNG18 17 40 
All other
Intercompany eliminations(6)(15)(9)(30)
Total$15 $22 $34 $49 
DEPRECIATION AND AMORTIZATION  
SDG&E$220 $197 $433 $398 
SoCalGas180 162 353 321 
Sempra Mexico57 47 108 94 
Sempra LNG
All other
Total$463 $412 $905 $824 
INCOME TAX EXPENSE (BENEFIT)   
SDG&E$33 $70 $78 $128 
SoCalGas49 102 101 
Sempra Mexico113 54 121 (253)
Sempra LNG (19)18 30 41 
All other(23)(34)(56)
Total$139 $168 $297 $(39)
EQUITY EARNINGS (LOSSES)    
Equity earnings (losses), before income tax:    
Sempra Texas Utilities$$— $$— 
Sempra LNG 133 84 267 141 
All other50 — 50 (100)
185 84 320 41 
Equity earnings (losses), net of income tax:   
Sempra Texas Utilities137 143 273 249 
Sempra Mexico(9)38 206 
128 149 311 455 
Total$313 $233 $631 $496 
SEGMENT INFORMATION (CONTINUED)
(Dollars in millions)
Three months ended June 30,Six months ended June 30,
2021202020212020
EARNINGS (LOSSES) ATTRIBUTABLE TO COMMON SHARES 
SDG&E$186 $193 $398 $455 
SoCalGas94 146 501 449 
Sempra Texas Utilities138 144 273 249 
Sempra Mexico61 61 252 
Sempra LNG 47 61 193 136 
Discontinued operations— 1,775 — 1,847 
All other(45)(141)(128)(389)
Total$424 $2,239 $1,298 $2,999 
EXPENDITURES FOR PROPERTY, PLANT & EQUIPMENT
SDG&E$1,072 $850 
SoCalGas936 885 
Sempra Mexico166 321 
Sempra LNG 249 136 
All other
Total$2,424 $2,198 
June 30,
2021
December 31,
2020
ASSETS
SDG&E$22,980 $22,311 
SoCalGas19,091 18,460 
Sempra Texas Utilities12,760 12,542 
Sempra Mexico11,114 10,752 
Sempra LNG 3,078 2,205 
All other1,029 1,209 
Intersegment receivables(1,444)(856)
Total$68,608 $66,623 
EQUITY METHOD AND OTHER INVESTMENTS
Sempra Texas Utilities$12,760 $12,542 
Sempra Mexico871 852 
Sempra LNG416 433 
All other
Total$14,048 $13,828 
(1)    Revenues for reportable segments include intersegment revenues of $2 million, $23 million, $52 million and $80 million for the three months ended June 30, 2021; $4 million, $48 million, $62 million and $193 million for the six months ended June 30, 2021; $2 million, $20 million, $29 million and $11 million for the three months ended June 30, 2020 and $3 million, $38 million, $51 million and $37 million for the six months ended June 30, 2020 for SDG&E, SoCalGas, Sempra Mexico and Sempra LNG, respectively.