INVESTMENTS IN UNCONSOLIDATED ENTITIES

3 Months Ended

Mar. 31, 2016

Investments [Abstract]

Investments in Unconsolidated Entities

NOTE 4. INVESTMENTS IN UNCONSOLIDATED ENTITIES

We provide additional information concerning our equity method investments above in Note 3 above and in Notes 3 and 4 of the Notes to Consolidated Financial Statements in the Annual Report.

SEMPRA RENEWABLES

Sempra Renewables invested cash of $15 million and $17 million in its joint ventures during the three months ended March 31, 2016 and 2015, respectively.

SEMPRA NATURAL GAS

Sempra Natural Gas capitalized $12 million of interestduring both the three months ended March 31, 2016 and 2015 and invested cash of $3 million during the three months ended March 31, 2015 at Cameron LNG Holdings, LLC (Cameron LNG JV).

In March 2016, Sempra Natural Gas entered into an agreement to sell its 25-percent interest in Rockies Express, which we discuss in Note 3.

GUARANTEES

We discuss guarantees that we have provided, which have a maximum aggregate amount of $4.5 billion, in Note 4 of the Notes to Consolidated Financial Statements in the Annual Report. These guarantees have an aggregate carrying value of $67 million at March 31, 2016.