EX-99.2 3 ex99_2x20201231x10-k.htm EX-99.2 Document
Exhibit 99.2

         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENT OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Three months ended December 31, 2020SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$1,337 $1,501 $— $321 $119 $(107)$3,171 
Cost of sales and other expenses(813)(1,165)— (173)(118)81 (2,188)
Depreciation and amortization(203)(168)— (48)(2)(3)(424)
Loss on sale of assets— — — — — (3)(3)
Other income (expense), net(49)— 134 — 25 115 
Income (loss) before interest and tax(1)
326 119 — 234 (1)(7)671 
Net interest (expense) income(106)(39)— (24)12 (86)(243)
Income tax (expense) benefit(29)(1)(1)(218)(33)93 (189)
Equity earnings (losses), net— — 122 (63)134 — 193 
Losses attributable to noncontrolling interests— — — 28 — 29 
Preferred dividends— — — — — (47)(47)
Earnings (losses) attributable to common shares$191 $79 $121 $(43)$113 $(47)$414 
Three months ended December 31, 2019SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$1,259 $1,383 $— $317 $83 $(99)$2,943 
Cost of sales and other expenses(705)(847)— (153)(112)51 (1,766)
Depreciation and amortization(189)(153)— (47)(3)(3)(395)
Other (expense) income, net(21)(73)— 70 — (2)(26)
Income (loss) before interest and tax(1)
344 310 — 187 (32)(53)756 
Net interest expense (99)(36)— (10)(1)(111)(257)
Income tax (expense) benefit(60)(70)— (111)67 (165)
Equity earnings (losses), net— — 109 (19)— 95 
Earnings attributable to noncontrolling interests— — — (8)— — (8)
Preferred dividends— — — — — (35)(35)
Earnings (losses) from continuing operations$185 $204 $109 $39 $(19)$(132)386 
Earnings from discontinued operations61 
Earnings attributable to common shares$447 
(1)
Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments’ performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.





         SEMPRA ENERGY
           Table F
STATEMENT OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Year ended December 31, 2020SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGSempra RenewablesConsolidating Adjustments, Parent & OtherTotal
Revenues$5,313 $4,748 $— $1,256 $374 $— $(321)$11,370 
Cost of sales and other expenses(3,139)(3,309)— (581)(384)— 234 (7,179)
Depreciation and amortization(801)(654)— (189)(9)— (13)(1,666)
Loss on sale of assets— — — — — — (3)(3)
Other income (expense), net52 (28)— (77)— — (48)
Income (loss) before interest and tax(1)
1,425 757 — 409 (19)— (98)2,474 
Net interest (expense) income(411)(156)— (72)38 — (384)(985)
Income tax (expense) benefit(190)(96)(1)(57)(92)— 187 (249)
Equity earnings (losses), net— — 580 144 391 — (100)1,015 
(Earnings) losses attributable to noncontrolling interests— — — (165)— (162)
Preferred dividends— (1)— — — — (168)(169)
Earnings (losses) from continuing operations$824 $504 $579 $259 $320 $— $(562)1,924 
Earnings from discontinued operations1,840 
Earnings attributable to common shares$3,764 
Year ended December 31, 2019SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGSempra RenewablesConsolidating Adjustments, Parent & OtherTotal
Revenues$4,925 $4,525 $— $1,375 $410 $10 $(416)$10,829 
Cost of sales and other expenses
(2,846)(2,930)— (649)(462)(20)274 (6,633)
Depreciation and amortization(760)(602)— (183)(10)— (14)(1,569)
Impairment losses(6)(37)— — — — — (43)
Gain on sale of assets— — — — — 61 63 
Other income (expense), net
39 (55)— 76 — — 17 77 
Income (loss) before interest and tax(1)
1,352 901 — 619 (62)51 (137)2,724 
Net interest (expense) income(407)(139)— (41)26 (437)(990)
Income tax (expense) benefit(171)(120)— (227)(4)202 (315)
Equity earnings (losses), net
— — 528 24 24 (1)580 
(Earnings) losses attributable to noncontrolling interests(7)— — (122)(1)— (129)
Preferred dividends— (1)— — — — (142)(143)
Earnings (losses) from continuing operations$767 $641 $528 $253 $(6)$59 $(515)1,727 
Earnings from discontinued operations328 
Earnings attributable to common shares$2,055 
(1)
Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments’ performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.