SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2023

The following tables show selected information by segment from our Condensed Consolidated Statements of Operations, Condensed Consolidated Statements of Cash Flows and Condensed Consolidated Balance Sheets. Amounts labeled as “All other” in the following tables consist primarily of activities of parent organizations.


SEGMENT INFORMATION
(Dollars in millions)
	Three months ended September 30,				Nine months ended September 30,
	2023		2022		2023		2022
REVENUES
SDG&E	$	1,442	$	1,569	$	4,357	$	4,413
SoCalGas	1,313		1,385		6,574		4,879
Sempra Infrastructure	629		697		2,485		1,810
All other	—		1		—		1
Adjustments and eliminations	—		—		(1)		—
Intersegment revenues(1)	(50)		(35)		(186)		(119)
Total	$	3,334	$	3,617	$	13,229	$	10,984
DEPRECIATION AND AMORTIZATION
SDG&E	$	280	$	247	$	810	$	730
SoCalGas	211		190		625		565
Sempra Infrastructure	71		67		210		199
All other	1		2		6		6
Total	$	563	$	506	$	1,651	$	1,500
INTEREST INCOME
SDG&E	$	7	$	2	$	12	$	3
SoCalGas	2		3		7		4
Sempra Infrastructure	4		7		25		37
All other	7		6		17		14
Intercompany eliminations	(1)		—		(1)		—
Total	$	19	$	18	$	60	$	58
INTEREST EXPENSE
SDG&E	$	126	$	113	$	367	$	333
SoCalGas	70		50		210		135
Sempra Infrastructure	7		39		127		98
All other	109		81		292		232
Intercompany eliminations	—		(1)		(1)		(2)
Total	$	312	$	282	$	995	$	796
INCOME TAX (BENEFIT) EXPENSE
SDG&E	$	(15)	$	35	$	(4)	$	141
SoCalGas	(5)		(28)		68		75
Sempra Texas Utilities	—		1		—		1
Sempra Infrastructure	24		58		555		219
All other	(56)		(45)		(120)		(1)
Total	$	(52)	$	21	$	499	$	435
EQUITY EARNINGS
Equity earnings, before income tax:
Sempra Texas Utilities	$	2	$	1	$	5	$	6
Sempra Infrastructure	131		133		413		430

	133		134		418		436
Equity earnings, net of income tax:
Sempra Texas Utilities	305		257		548		603
Sempra Infrastructure	41		26		120		79
	346		283		668		682
Total	$	479	$	417	$	1,086	$	1,118

(1) Revenues for reportable segments include intersegment revenues of $5, $29, and $16 for the three months ended September 30, 2023 and $14, $91, and $81 for the nine months ended September 30, 2023; $4, $24, and $7 for the three months ended September 30, 2022 and $11, $73, and $35 for the nine months ended September 30, 2022 for SDG&E, SoCalGas, and Sempra Infrastructure, respectively.


SEGMENT INFORMATION (CONTINUED)
(Dollars in millions)
	Three months ended September 30,				Nine months ended September 30,
	2023		2022		2023		2022
EARNINGS (LOSSES) ATTRIBUTABLE TO COMMON SHARES
SDG&E	$	274	$	271	$	716	$	681
SoCalGas	16		(82)		531		339
Sempra Texas Utilities	305		256		548		604
Sempra Infrastructure	223		114		746		392
All other	(97)		(74)		(248)		(360)
Total	$	721	$	485	$	2,293	$	1,656
EXPENDITURES FOR PROPERTY, PLANT & EQUIPMENT
SDG&E					$	1,893	$	1,651
SoCalGas					1,451		1,394
Sempra Infrastructure					2,725		489
All other					5		6
Total					$	6,074	$	3,540

					September 30, 2023		December 31, 2022
ASSETS
SDG&E					$	28,502	$	26,422
SoCalGas					23,069		22,346
Sempra Texas Utilities					14,269		13,781
Sempra Infrastructure					19,722		15,760
All other					1,205		1,376
Intersegment receivables					(1,032)		(1,111)
Total					$	85,735	$	78,574
EQUITY METHOD INVESTMENTS
Sempra Texas Utilities					$	14,260	$	13,772
Sempra Infrastructure					2,096		1,905
Total					$	16,356	$	15,677