SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2016

Subsequent Events (Abstract)

Subsequent Events

NOTE 13. SUBSEQUENT EVENT

SEMPRA NATURAL GAS

In April 2016, Sempra Natural Gas signed a definitive agreement to sell the parent company of Mobile Gas and Willmut Gas. We expect to receive cash proceeds of approximately $323 million, subject to normal adjustments at closing, and the buyer will assume existing debt of approximately $67 million. In April 2016, we reclassified the assets and liabilities of Mobile Gas and Willmut Gas to held for sale. The transaction is subject to customary regulatory approvals, and we expect the sale to close in 2016.