XML 56 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
SHAREHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2013
Schedule Of Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share Computations
EARNINGS PER SHARE COMPUTATIONS AND DIVIDENDS DECLARED
(Dollars in millions, except per share amounts; shares in thousands)
 Years ended December 31,
 201320122011
Numerator:      
Earnings/Income attributable to common shareholders$ 1,001$ 859$ 1,331
       
Denominator:      
Weighted-average common shares outstanding for basic EPS  243,863  241,347  239,720
Dilutive effect of stock options, restricted stock awards and      
restricted stock units   5,469  5,346  1,803
Weighted-average common shares outstanding for diluted EPS  249,332  246,693  241,523
       
Earnings per share:      
Basic$ 4.10$ 3.56$ 5.55
Diluted$ 4.01$ 3.48$ 5.51
       
Dividends declared per share of common stock$ 2.52$ 2.40$ 1.92
Schedule Of Common Stock Activity [Abstract]  
Schedule Of Common Stock Activity
COMMON STOCK ACTIVITY
   
  Years ended December 31,
   2013 2012 2011
Common shares outstanding, January 1  242,368,836  239,934,681  240,447,416
Stock options exercised  1,237,348  1,876,303  958,126
Restricted stock issuances  21,121  2,580  11,876
Restricted stock units vesting(1)  1,491,170  683,416  2,625
Shares released from ESOP   153,625  350,815
Shares repurchased(2)  (657,148)  (281,769)  (1,836,177)
Common shares outstanding, December 31  244,461,327  242,368,836  239,934,681
(1)Includes dividend equivalents.
(2)In addition to formal common stock repurchase programs which we discuss below, we also, from time to time, purchase shares of our common stock from restricted stock plan participants who elect to sell a sufficient number of vesting restricted shares to meet minimum statutory tax withholding requirements.
        
Shareholder Ranking [Abstract]  
Shareholder Ranking [Text Block]
Four-Year Cumulative Total Shareholder Return Ranking versus S&P 500 Utilities Index(1)Number of Sempra Energy Common Shares Received for Each Performance-Based Restricted Stock Unit(2)
75th Percentile or Above1.5
50th Percentile 1
35th Percentile or Below
(1)If Sempra Energy ranks at or above the 50th percentile compared to the S&P 500 Index, participants will receive a minimum of 1.0 share for each RSU.
(2)Participants also receive additional shares for dividend equivalents on shares subject to RSUs, which are reinvested to purchase additional units that become subject to the same vesting conditions as the RSUs to which the dividends relate.