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REVENUES
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
REVENUES REVENUES
We discuss revenue recognition for revenues from contracts with customers and from sources other than contracts with customers in Note 3 of the Notes to Consolidated Financial Statements in the Annual Report.
The following table disaggregates our revenues from contracts with customers by major service line and market and provides a reconciliation to total revenues by segment. The majority of our revenue is recognized over time.
DISAGGREGATED REVENUES
(Dollars in millions)
SDG&ESoCalGasSempra InfrastructureConsolidating adjustments and Parent
and other
Sempra
Three months ended September 30, 2022
By major service line:
Utilities$1,383 $1,214 $19 $(29)$2,587 
Energy-related businesses— — 532 (13)519 
Revenues from contracts with customers$1,383 $1,214 $551 $(42)$3,106 
By market:
Gas$175 $1,214 $379 $(30)$1,738 
Electric1,208 — 172 (12)1,368 
Revenues from contracts with customers$1,383 $1,214 $551 $(42)$3,106 
Revenues from contracts with customers$1,383 $1,214 $551 $(42)$3,106 
Utilities regulatory revenues186 171 — — 357 
Other revenues— — 146 154 
Total revenues$1,569 $1,385 $697 $(34)$3,617 
 Nine months ended September 30, 2022
By major service line:
Utilities$4,134 $4,473 $67 $(85)$8,589 
Energy-related businesses— — 1,281 (42)1,239 
Revenues from contracts with customers$4,134 $4,473 $1,348 $(127)$9,828 
By market:
Gas$664 $4,473 $948 $(75)$6,010 
Electric3,470 — 400 (52)3,818 
Revenues from contracts with customers$4,134 $4,473 $1,348 $(127)$9,828 
Revenues from contracts with customers$4,134 $4,473 $1,348 $(127)$9,828 
Utilities regulatory revenues279 406 — — 685 
Other revenues— — 462 471 
Total revenues$4,413 $4,879 $1,810 $(118)$10,984 
DISAGGREGATED REVENUES (CONTINUED)
(Dollars in millions)
SDG&ESoCalGasSempra InfrastructureConsolidating adjustments and Parent
and other
Sempra
Three months ended September 30, 2021
By major service line:
Utilities$1,369 $966 $17 $(27)$2,325 
Energy-related businesses— — 327 (4)323 
Revenues from contracts with customers$1,369 $966 $344 $(31)$2,648 
By market:
Gas$145 $966 $235 $(26)$1,320 
Electric1,224 — 109 (5)1,328 
Revenues from contracts with customers$1,369 $966 $344 $(31)$2,648 
Revenues from contracts with customers$1,369 $966 $344 $(31)$2,648 
Utilities regulatory revenues95 140 — — 235 
Other revenues— — 135 (5)130 
Total revenues$1,464 $1,106 $479 $(36)$3,013 
 Nine months ended September 30, 2021
By major service line:
Utilities$3,755 $3,685 $61 $(79)$7,422 
Energy-related businesses— — 856 (19)837 
Revenues from contracts with customers$3,755 $3,685 $917 $(98)$8,259 
By market:
Gas$580 $3,685 $632 $(74)$4,823 
Electric3,175 — 285 (24)3,436 
Revenues from contracts with customers$3,755 $3,685 $917 $(98)$8,259 
Revenues from contracts with customers$3,755 $3,685 $917 $(98)$8,259 
Utilities regulatory revenues364 53 — — 417 
Other revenues— — 352 (15)337 
Total revenues$4,119 $3,738 $1,269 $(113)$9,013 
REVENUES FROM CONTRACTS WITH CUSTOMERS
Remaining Performance Obligations
For contracts greater than one year, at September 30, 2022, we expect to recognize revenue related to the fixed fee component of the consideration as shown below. Sempra’s remaining performance obligations primarily relate to capacity agreements for natural gas storage and transportation at Sempra Infrastructure and transmission line projects at SDG&E. SoCalGas did not have any remaining performance obligations at September 30, 2022.
REMAINING PERFORMANCE OBLIGATIONS(1)
(Dollars in millions)
Sempra SDG&E
2022 (excluding first nine months of 2022)
$100 $
2023384 
2024385 
2025384 
2026382 
Thereafter4,525 63 
Total revenues to be recognized
$6,160 $80 
(1)    Excludes intercompany transactions.
Contract Liabilities from Revenues from Contracts with Customers
Activities within Sempra’s and SDG&E’s contract liabilities are presented below. There were no contract liabilities at SoCalGas in the nine months ended September 30, 2022 or 2021. As we discuss in Note 11, Sempra Infrastructure drew against and fully exhausted Gazprom’s letters of credit in April 2022 due to Gazprom’s non-renewal of such letters of credit as required under its LNG storage and regasification agreement. Sempra Infrastructure recorded a contract liability for the funds drawn from the letters of credit as payments received in advance. Gazprom did not pay its invoices from March 2022 through July 2022, so funds drawn from the letters of credit were used to fully offset such nonpayment, which have been reflected as revenue from performance obligations satisfied during the reporting period.
CONTRACT LIABILITIES
(Dollars in millions)
20222021
Sempra:
Contract liabilities at January 1$(278)$(207)
Revenue from performance obligations satisfied during reporting period129 36 
Payments received in advance(105)(1)
Contract liabilities at September 30(1)
$(254)$(172)
SDG&E:
Contract liabilities at January 1$(83)$(87)
Revenue from performance obligations satisfied during reporting period
Contract liabilities at September 30(1)
$(80)$(84)
(1)     Balances at September 30, 2022 include $46 and $4 in Other Current Liabilities and $208 and $76 in Deferred Credits and Other on Sempra’s and SDG&E’s Condensed Consolidated Balance Sheets, respectively.
Receivables from Revenues from Contracts with Customers
The table below shows receivable balances associated with revenues from contracts with customers on the Condensed Consolidated Balance Sheets.
RECEIVABLES FROM REVENUES FROM CONTRACTS WITH CUSTOMERS
(Dollars in millions)
September 30, 2022December 31, 2021
Sempra:
Accounts receivable – trade, net(1)
$1,645 $1,886 
Accounts receivable – other, net28 19 
Due from unconsolidated affiliates – current(2)
Other long-term assets(3)
25 70 
Total$1,706 $1,977 
SDG&E:
Accounts receivable – trade, net(1)
$792 $715 
Accounts receivable – other, net11 
Due from unconsolidated affiliates – current(2)
Other long-term assets(3)
13 25 
Total$819 $751 
SoCalGas:
Accounts receivable – trade, net$710 $1,084 
Accounts receivable – other, net17 10 
Other long-term assets(3)
12 45 
Total$739 $1,139 
(1)     At September 30, 2022 and December 31, 2021, includes $104 and $24, respectively, of receivables due from customers that were billed on behalf of CCAs, which are not included in revenues.
(2)     Amount is presented net of amounts due to unconsolidated affiliates on the Condensed Consolidated Balance Sheets, when right of offset exists.
(3)     In connection with the COVID-19 pandemic and at the direction of the CPUC, SDG&E and SoCalGas enrolled residential and small business customers with past-due balances in long-term repayment plans.