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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Commodity Derivative Volumes Table
NET ENERGY DERIVATIVE VOLUMES
(Quantities in millions)
June 30,December 31,
Segment and CommodityUnit of measure20162015
California Utilities:
SDG&E:
Natural gasMMBtu(1)7270
ElectricityMWh(2)11
Congestion revenue rightsMWh3036
SoCalGas – natural gasMMBtu―1
Energy-Related Businesses:
Sempra Natural Gas – natural gasMMBtu3043
(1)Million British thermal units
(2)Megawatt hours
Notional Amounts of Interest Rate Derivatives Table
INTEREST RATE DERIVATIVES
(Dollars in millions)
June 30, 2016December 31, 2015
Notional debtMaturitiesNotional debtMaturities
Sempra Energy Consolidated:
Cash flow hedges(1)$3772016-2028$3842016-2028
Fair value hedges――3002016
SDG&E:
Cash flow hedge(1)3102016-20193152016-2019
(1)Includes Otay Mesa VIE. All of SDG&E’s interest rate derivatives relate to Otay Mesa VIE.

FOREIGN CURRENCY DERIVATIVES
(Dollars in millions)
June 30, 2016December 31, 2015
Notional debtMaturitiesNotional debtMaturities
Sempra Mexico:
Cross-currency swaps$4082018-2023$4082018-2023
Other foreign currency derivatives5502016――
Derivative Instruments on the Condensed Consolidated Balance Sheets Table
DERIVATIVE INSTRUMENTS ON THE CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
June 30, 2016
Deferred
credits
CurrentCurrentand other
assets:liabilities:liabilities:
Fixed-priceFixed-priceFixed-price
contractsOthercontractscontracts
and otherassets:and otherand other
derivatives(1)Sundryderivatives(2)derivatives
Sempra Energy Consolidated:
Derivatives designated as hedging instruments:
Interest rate and foreign exchange instruments(3)$1$―$(15)$(184)
Commodity contracts not subject to rate recovery――(5)―
Derivatives not designated as hedging instruments:
Interest rate and foreign exchange instruments――(12)―
Commodity contracts not subject to rate recovery20822(227)(17)
Associated offsetting commodity contracts(199)(13)19913
Associated offsetting cash collateral――301
Commodity contracts subject to rate recovery1852(35)(48)
Associated offsetting commodity contracts(4)(2)42
Associated offsetting cash collateral――1315
Net amounts presented on the balance sheet2459(48)(218)
Additional cash collateral for commodity contracts
not subject to rate recovery14―――
Additional cash collateral for commodity contracts
subject to rate recovery27―――
Total(4)$65$59$(48)$(218)
SDG&E:
Derivatives designated as hedging instruments:
Interest rate instruments(3)$―$―$(14)$(23)
Derivatives not designated as hedging instruments:
Commodity contracts subject to rate recovery1652(32)(48)
Associated offsetting commodity contracts(3)(2)32
Associated offsetting cash collateral――1215
Net amounts presented on the balance sheet1350(31)(54)
Additional cash collateral for commodity contracts
subject to rate recovery26―――
Total(4)$39$50$(31)$(54)
SoCalGas:
Derivatives not designated as hedging instruments:
Commodity contracts not subject to rate recovery$―$―$(1)$―
Associated offsetting cash collateral――1―
Commodity contracts subject to rate recovery2―(3)―
Associated offsetting commodity contracts(1)―1―
Associated offsetting cash collateral――1―
Net amounts presented on the balance sheet1―(1)―
Additional cash collateral for commodity contracts
not subject to rate recovery1―――
Additional cash collateral for commodity contracts
subject to rate recovery1―――
Total$3$―$(1)$―
(1)Included in Current Assets: Other for SoCalGas.
(2)Included in Current Liabilities: Other for SoCalGas.
(3)Includes Otay Mesa VIE. All of SDG&E’s amounts relate to Otay Mesa VIE.
(4)Normal purchase contracts previously measured at fair value are excluded.

DERIVATIVE INSTRUMENTS ON THE CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
December 31, 2015
Deferred
credits
CurrentCurrentand other
assets:liabilities:liabilities:
Fixed-priceFixed-priceFixed-price
contractsOthercontractscontracts
and otherassets:and otherand other
derivatives(1)Sundryderivatives(2)derivatives
Sempra Energy Consolidated:
Derivatives designated as hedging instruments:
Interest rate and foreign exchange instruments(3)$4$1$(15)$(156)
Commodity contracts not subject to rate recovery13―――
Derivatives not designated as hedging instruments:
Commodity contracts not subject to rate recovery24532(239)(21)
Associated offsetting commodity contracts(232)(20)23220
Associated offsetting cash collateral(6)―4―
Commodity contracts subject to rate recovery2849(61)(64)
Associated offsetting commodity contracts(2)(2)22
Associated offsetting cash collateral――2826
Net amounts presented on the balance sheet5060(49)(193)
Additional cash collateral for commodity contracts
not subject to rate recovery2―――
Additional cash collateral for commodity contracts
subject to rate recovery28―――
Total(4)$80$60$(49)$(193)
SDG&E:
Derivatives designated as hedging instruments:
Interest rate instruments(3)$―$―$(14)$(23)
Derivatives not designated as hedging instruments:
Commodity contracts not subject to rate recovery――(1)―
Associated offsetting cash collateral――1―
Commodity contracts subject to rate recovery2749(60)(64)
Associated offsetting commodity contracts(2)(2)22
Associated offsetting cash collateral――2826
Net amounts presented on the balance sheet2547(44)(59)
Additional cash collateral for commodity contracts
not subject to rate recovery1―――
Additional cash collateral for commodity contracts
subject to rate recovery27―――
Total(4)$53$47$(44)$(59)
SoCalGas:
Derivatives not designated as hedging instruments:
Commodity contracts not subject to rate recovery$―$―$(1)$―
Associated offsetting cash collateral――1―
Commodity contracts subject to rate recovery1―(1)―
Net amounts presented on the balance sheet1―(1)―
Additional cash collateral for commodity contracts
subject to rate recovery1―――
Total$2$―$(1)$―
(1)Included in Current Assets: Other for SoCalGas.
(2)Included in Current Liabilities: Other for SoCalGas.
(3)Includes Otay Mesa VIE. All of SDG&E’s amounts relate to Otay Mesa VIE.
(4)Normal purchase contracts previously measured at fair value are excluded.
Fair Value Hedge Impact on the Condensed Consolidated Statements of Operations Table
FAIR VALUE HEDGE IMPACTS
(Dollars in millions)
Pretax gain (loss) on derivatives recognized in earnings
Three months ended June 30,Six months ended June 30,
Location2016201520162015
Sempra Energy Consolidated:
Interest rate instrumentsInterest Expense$1$2$3$4
Interest rate instrumentsOther Income, Net(2)(3)(2)(2)
Total(1)$(1)$(1)$1$2
(1)There was no hedge ineffectiveness in either the three months or six months ended June 30, 2016 or 2015. All other changes in the fair value of the interest rate swap agreements are exactly offset by changes in the fair value of the underlying long-term debt and are recorded in Other Income, Net.
Cash Flow Hedge Impact on the Condensed Consolidated Statements of Operations Table
CASH FLOW HEDGE IMPACTS
(Dollars in millions)
Pretax gain (loss)Pretax (loss) gain reclassified
recognized in OCIfrom AOCI into earnings
(effective portion)(effective portion)
Three months ended June 30,Three months ended June 30,
20162015Location20162015
Sempra Energy Consolidated:
Interest rate and foreign
exchange instruments(1)$1$6Interest Expense$(3)$(3)
Equity Earnings (Losses),
Interest rate instruments(70)89 Before Income Tax(2)(3)
Interest rate and foreignEquity Earnings,
exchange instruments(15)― Net of Income Tax(5)―
Commodity contracts not subjectRevenues: Energy-Related
to rate recovery(5)1 Businesses――
Total(2)$(89)$96$(10)$(6)
SDG&E:
Interest rate instruments(1)(2)$(2)$―Interest Expense$(3)$(3)
Six months ended June 30,Six months ended June 30,
20162015Location20162015
Sempra Energy Consolidated:
Interest rate and foreign
exchange instruments(1)$(10)$(12)Interest Expense$(7)$(9)
Equity Earnings (Losses),
Interest rate instruments(207)11 Before Income Tax(5)(6)
Interest rate and foreignEquity Earnings,
exchange instruments(33)― Net of Income Tax(6)―
Commodity contracts not subjectRevenues: Energy-Related
to rate recovery(4)― Businesses77
Total(2)$(254)$(1)$(11)$(8)
SDG&E:
Interest rate instruments(1)(2)$(7)$(5)Interest Expense$(6)$(6)
(1)Amounts include Otay Mesa VIE. All of SDG&E’s interest rate derivative activity relates to Otay Mesa VIE.
(2)Amounts include negligible hedge ineffectiveness in the three months and six months ended June 30, 2016 and 2015.
Undesignated Derivative Impact on the Condensed Consolidated Statements of Operations Table
UNDESIGNATED DERIVATIVE IMPACTS
(Dollars in millions)
Pretax (loss) gain on derivatives recognized in earnings
Three months endedJune 30,Six months ended June 30,
Location2016201520162015
Sempra Energy Consolidated:
Foreign exchange instrumentsOther Income, Net$(15)$(3)$(12)$(3)
Foreign exchange instrumentsEquity Earnings,
Net of Income Tax――2(1)
Commodity contracts not subjectRevenues: Energy-Related
to rate recovery Businesses(24)9(29)12
Commodity contracts not subject
to rate recoveryOperation and Maintenance1111
Commodity contracts subjectCost of Electric Fuel
to rate recovery and Purchased Power40(53)28(73)
Commodity contracts subject
to rate recoveryCost of Natural Gas(1)―(2)1
Total$1$(46)$(12)$(63)
SDG&E:
Commodity contracts subjectCost of Electric Fuel
to rate recovery and Purchased Power$40$(53)$28$(73)
SoCalGas:
Commodity contracts not subject
to rate recoveryOperation and Maintenance$―$1$―$1
Commodity contracts subject
to rate recoveryCost of Natural Gas(1)―(2)1
Total$(1)$1$(2)$2