INVESTMENT IN UNCONSOLIDATED ENTITIES (Tables)

9 Months Ended

Sep. 30, 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 September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Operating revenues	$	1,286	$	1,232	$	3,572	$	3,394
Operating expenses	(866)		(819)		(2,531)		(2,387)
Income from operations	420		413		1,041		1,007
Interest expense	(104)		(102)		(308)		(305)
Income tax expense	(54)		(50)		(124)		(115)
Net income	255		255		587		557
Noncontrolling interest held by TTI	(51)		(50)		(118)		(111)
Earnings attributable to Sempra(1)	204		205		469		446

(1)    Excludes adjustments to equity earnings related to amortization of a tax sharing liability associated with a tax sharing arrangement and changes in basis differences in AOCI within the carrying value of our equity method investment.