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CONDENSED STATEMENTS OF OPERATIONS - SDG&E - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES        
Electric $ 1,250 $ 1,357 $ 3,331 $ 3,663
Natural gas 1,488 1,587 7,560 5,611
Operating expenses:        
Other Income (Expense), Net 3 (40) 75 (3)
Interest income 19 18 60 58
Interest expense (312) (282) (995) (796)
Income before income taxes and equity earnings 323 165 2,175 1,194
Income tax benefit (expense) 52 (21) (499) (435)
Net income 854 561 2,762 1,877
Earnings attributable to common shares 721 485 2,293 1,656
San Diego Gas and Electric Company        
REVENUES        
Electric 1,254 1,360 3,343 3,672
Natural gas 188 209 1,014 741
Operating revenues 1,442 1,569 4,357 4,413
Operating expenses:        
Cost of electric fuel and purchased power 200 316 442 806
Cost of natural gas 45 65 462 260
Operation and maintenance 463 439 1,364 1,256
Depreciation and amortization 280 247 810 730
Franchise fees and other taxes 101 97 287 277
Total operating expenses 1,089 1,164 3,365 3,329
Operating income (loss) 353 405 992 1,084
Other Income (Expense), Net 25 12 75 68
Interest income 7 2 12 3
Interest expense (126) (113) (367) (333)
Income before income taxes and equity earnings 259 306 712 822
Income tax benefit (expense) 15 (35) 4 (141)
Net income 274 271 716 681
Earnings attributable to common shares $ 274 $ 271 $ 716 $ 681