DEBT AND CREDIT FACILITIES (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities

CREDIT FACILITIES IN SOUTH AMERICA AND MEXICO
(U.S. dollar equivalent in millions)
			At March 31, 2017
		Denominated in	Total facility		Amount outstanding				Available unused credit
Sempra South American Utilities(1):
	Peru(2)	Peruvian sol	$	392	$	(155	)	(3)	$	237
	Chile	Chilean peso	115		—				115
Sempra Mexico:
	IEnova(4)	U.S. dollar	1,170		(446		)		724
Total			$	1,677	$	(601	)		$	1,076

(1) The credit facilities were entered into to finance working capital and for general corporate purposes and expire between 2017 and 2020.

(2) The Peruvian facilities require a debt to equity ratio of no more than 170 percent, with which we were in compliance at March 31, 2017.

(3) Includes bank guarantees of $12 million.

(4) Five-year revolver expiring in August 2020 with a syndicate of eight lenders.

PRIMARY U.S. COMMITTED LINES OF CREDIT
(Dollars in millions)
		At March 31, 2017
		Total facility			Commercial paper outstanding			Adjustment for combined limit			Letters of credit outstanding			Available unused credit
Sempra Energy(1)		$	1,000		$	—		$	—		$	(65	)	$	935
Sempra Global(2)		2,335			(1,197		)	—			—			1,138
California Utilities(3):
	SDG&E	750			(343		)	—			—			407
	SoCalGas	750			—			(93		)	—			657
	Less: combined limit of $1 billion for both utilities	(500		)	—			93			—			(407		)
		1,000			(343		)	—			—			657
Total		$	4,335		$	(1,540	)	$	—		$	(65	)	$	2,730

(1) The facility also provides for issuance of up to $400 million of letters of credit on behalf of Sempra Energy with the amount of borrowings

otherwise available under the facility reduced by the amount of outstanding letters of credit.

(2) Sempra Energy guarantees Sempra Global’s obligations under the credit facility.

(3) The facility also provides for the issuance of letters of credit on behalf of each utility subject to a combined letter of credit commitment of $250 million for both utilities. The amount of borrowings otherwise available under the facility is reduced by the amount of outstanding letters of credit.