INVESTMENT IN UNCONSOLIDATED ENTITIES (Tables)

6 Months Ended

Jun. 30, 2022

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 June 30,				Six months ended June 30,
	2022		2021		2022		2021
Operating revenues	$	1,293	$	1,147	$	2,542	$	2,286
Operating expenses	(908)		(836)		(1,805)		(1,665)
Income from operations	385		311		737		621
Interest expense	(108)		(102)		(216)		(204)
Income tax expense	(52)		(34)		(94)		(70)
Net income	226		167		417		332
Noncontrolling interest held by Texas Transmission Investment LLC	(46)		(34)		(84)		(67)
Earnings attributable to Sempra(1)	180		133		333		265

(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.