DEBT AND CREDIT FACILITIES (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities

COMMITTED LINES OF CREDIT
(Dollars in millions)
		September 30, 2023
Borrower	Expiration date of facility	Total facility		Commercial paper outstanding		Amounts outstanding		Letters of credit outstanding		Available unused credit
Sempra	October 2028(1)	$	4,000	$	(970)	$	—	$	—	$	3,030
SDG&E	October 2028(1)	1,500		—		—		—		1,500
SoCalGas	October 2028(1)	1,200		(421)		—		—		779
SI Partners and IEnova	September 2025(2)	500		—		(350)		—		150
SI Partners and IEnova	August 2026(3)	1,000		—		—		—		1,000
SI Partners and IEnova	August 2028(4)	1,500		—		(201)		—		1,299
Port Arthur LNG	March 2030	200		—		—		(25)		175
Total		$	9,900	$	(1,391)	$	(551)	$	(25)	$	7,933

(1)    In October 2023, Sempra, SDG&E and SoCalGas each amended their respective credit facility to extend the expiration date from October 2027 to October 2028. Each credit facility will maintain a syndicate of 23 lenders through October 2027, at which time the syndicate of lenders for each credit facility will be reduced to 22 unless a new or existing lender agrees to assume the 23rd lender’s commitment. Such a reduction in lenders would result in a reduction to the available credit capacity to $3,845, $1,442 and $1,153 for Sempra, SDG&E and SoCalGas, respectively, through October 2028.

(2)    In September 2023, the $150 facility was terminated and the $350 facility was amended to increase the commitment to $500, adjust the applicable margin to 80 bps (including credit adjustment spread), and extend the expiration date from September 2023 to September 2025.

(3)    In August 2023, the facility was amended to include IEnova as a co-borrower, adjust the Term SOFR credit adjustment spread to 10 bps in all tenors, and extend the expiration date from November 2024 to August 2026. Additionally, either SI Partners or IEnova has the right to increase the total facility to $1,500, subject to lender approval.

(4)    In August 2023, the facility was amended to extend the expiration date from February 2024 to August 2028.

UNCOMMITTED LETTERS OF CREDIT
(Dollars in millions)
		September 30, 2023
	Expiration date range	Uncommitted letters of credit outstanding
SDG&E	January 2024 - May 2024	$	15
SoCalGas	March 2024 - November 2024	20
Sempra Infrastructure	October 2023 - October 2043	307
Parent and other	March 2024 - September 2024	166
Total		$	508

The weighted-average interest rates on all short-term debt were as follows:

WEIGHTED-AVERAGE INTEREST RATES
	September 30, 2023		December 31, 2022
Sempra	5.86	%	5.57	%
SDG&E	—		4.76
SoCalGas	5.37		4.71