XML 27 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES    
Utilities$ 2,065$ 1,609$ 5,933$ 5,150
Energy-related businesses5115071,4991,508
Total revenues2,5762,1167,4326,658
Utilities [Abstract]    
Cost of natural gas(322)(305)(1,367)(1,489)
Cost of electric fuel and purchased power(408)(203)(976)(480)
Energy-related businesses [Abstract]    
Cost of natural gas, electric fuel and purchased power(252)(273)(694)(801)
Other cost of sales(68)(22)(123)(67)
Litigation expense(17)(17)(30)(184)
Other operation and maintenance(674)(590)(1,973)(1,782)
Depreciation and amortization(251)(218)(730)(643)
Franchise fees and other taxes(84)(76)(259)(243)
Utility operating expenses    
Equity earnings, before income tax(12)(273)(4)(266)
Remeasurement of equity method investments  277 
Other income (expense), net12668682
Interest income652113
Interest expense(118)(111)(344)(323)
Income before income taxes and equity earnings of certain unconsolidated subsidiaries388991,316475
Income tax (expense) benefit(68)32(269)(85)
Equity earnings, net of income tax6(4)4542
Net income326[1]127[1]1,092[1]432[1]
Losses (earnings) attributable to noncontrolling interests(29)6(21)34
Preferred dividends of subsidiaries(1)(2)(6)(7)
Earnings2961311,065459
Basic earnings per common share:    
Basic earnings per common share$ 1.23$ 0.53$ 4.44$ 1.86
Basic earnings per common share, weighted-average number of shares outstanding (thousands)239,545246,668239,693246,513
Diluted earnings per common share:    
Diluted earnings per common share$ 1.22$ 0.53$ 4.40$ 1.84
Diluted earnings per common share, weighted-average number of shares outstanding (thousands)241,880249,811241,955249,773
Dividends declared per share of common stock$ 0.48$ 0.39$ 1.44$ 1.17
San Diego Gas and Electric Company and Subsidiary [Member]
    
Utility operating revenues    
Electric7637182,0111,870
Natural gas10593394375
Total utility operating revenues8688112,4052,245
Utility operating expenses    
Utility cost of natural gas4037175170
Utility cost of electric fuel and purchased power207203534480
Utility operation and maintenance255235756704
Utility depreciation and amortization10896316283
Utility franchise fees and other taxes4842138126
Total utility operating expenses6586131,9191,763
Utility operating income210198486482
Other income (expense), net26(2)55(18)
Interest expense(37)(37)(104)(99)
Income before income taxes and equity earnings of certain unconsolidated subsidiaries199159437365
Income tax (expense) benefit(63)(56)(154)(131)
Net income136103283234
Losses (earnings) attributable to noncontrolling interests(21)5(6)34
Earnings115108277268
Preferred dividend requirements(2)(2)(4)(4)
Earnings attributable to common shares113106273264
Southern California Gas Company [Member]
    
Utility operating revenues    
Total utility operating revenues8447762,7762,792
Utility operating expenses    
Utility cost of natural gas2672521,1331,244
Utility operation and maintenance331285946840
Utility depreciation and amortization8378246230
Utility franchise fees and other taxes28279492
Total utility operating expenses7096422,4192,406
Utility operating income135134357386
Other income (expense), net3298
Interest income1111
Interest expense(17)(17)(52)(50)
Income before income taxes and equity earnings of certain unconsolidated subsidiaries122120315345
Income tax (expense) benefit(41)(42)(106)(132)
Net income8178209213
Earnings8178209213
Preferred dividend requirements  (1)(1)
Earnings attributable to common shares$ 81$ 78$ 208$ 212
[1]Before preferred dividends of subsidiaries.