EX-99.2 3 ex99_2q12022earningstablef.htm EX-99.2 Document
Exhibit 99.2

         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Three months ended March 31, 2022
SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$1,445 $1,993 $— $424 $(42)$3,820 
Cost of sales and other expenses(836)(1,290)(2)(279)17 (2,390)
Aliso Canyon litigation and regulatory matters— (92)— — — (92)
Depreciation and amortization(239)(187)— (65)(2)(493)
Other income (expense), net34 34 — (16)(14)38 
Income (loss) before interest and tax(1)
404 458 (2)64 (41)883 
Net interest expense(106)(40)— (6)(66)(218)
Income tax expense(64)(84)— (91)(95)(334)
Equity earnings, net— — 164 162 — 326 
Earnings attributable to noncontrolling interests— — — (34)— (34)
Preferred dividends— — — — (11)(11)
Earnings (losses) attributable to common shares$234 $334 $162 $95 $(213)$612 
Three months ended March 31, 2021SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$1,337 $1,508 $— $449 $(35)$3,259 
Cost of sales and other expenses(801)(834)(2)(220)13 (1,844)
Depreciation and amortization(213)(173)— (54)(2)(442)
Other income (expense), net35 39 — (44)35 
Income (loss) before interest and tax(1)
358 540 (2)131 (19)1,008 
Net interest expense(101)(39)— (20)(80)(240)
Income tax (expense) benefit(45)(94)— (57)38 (158)
Equity earnings, net— — 137 181 — 318 
Earnings attributable to noncontrolling interests— — — (33)— (33)
Preferred dividends— — — — (21)(21)
Earnings (losses) attributable to common shares$212 $407 $135 $202 $(82)$874 
(1)     Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.