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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES    
Utilities operating revenue $ 2,665 $ 2,515
Energy-related businesses 364 383
Total revenues 3,029 2,898
Operating expenses    
Operation and maintenance (951) (832)
Depreciation and amortization (412) (383)
Franchise fees and other taxes (137) (130)
Operating expenses    
Other (expense) income, net (254) 82
Interest income 27 21
Interest expense (280) (260)
Income from continuing operations before income taxes and equity earnings 397 501
Income tax benefit (expense) 207 (42)
Equity earnings 263 101
Income from continuing operations, net of income tax 867 560
Income (loss) from discontinued operations, net of income tax 80 (42)
Net income 947 518
Earnings attributable to noncontrolling interests (151) (41)
Mandatory convertible preferred stock dividends (36) (36)
Earnings attributable to common shares $ 760 $ 441
Basic EPS:    
Earnings (losses) from continuing operations attributable to common shares (in usd per share) $ 2.35 $ 1.79
Earnings from discontinued operations attributable to common shares (in usd per share) 0.25 (0.19)
Earnings attributable to common shares (in usd per share) $ 2.60 $ 1.60
Weighted-average common shares outstanding 292,790 274,674
Diluted EPS:    
Earnings (losses) from continuing operations attributable to common shares (in usd per share) $ 2.30 $ 1.78
Earnings from discontinued operations attributable to common shares (in usd per share) 0.23 (0.19)
Earnings from continuing operations attributable to common shares (n usd per share) $ 2.53 $ 1.59
Weighted-average common share outstanding, diluted 313,925 277,228
Natural gas [Member]    
Operating expenses    
Operating expenses $ (337) $ (531)
Electric fuel and purchased power [Member]    
Operating expenses    
Operating expenses (229) (256)
Energy-related businesses [Member]    
Operating expenses    
Operating expenses (59) (108)
San Diego Gas and Electric Company [Member]    
REVENUES    
Electric 1,050 940
Natural gas 219 205
Utilities operating revenue 1,269 1,145
Operating expenses    
Cost of electric fuel and purchased power 231 258
Cost of natural gas 60 79
Operation and maintenance 310 286
Depreciation and amortization 201 186
Franchise fees and other taxes 78 74
Total operating expenses 880 883
Operating income 389 262
Other (expense) income, net 31 22
Interest income 1 1
Interest expense (101) (103)
Income from continuing operations before income taxes and equity earnings 320 182
Income tax benefit (expense) (58) (5)
Net income 262 177
Earnings attributable to noncontrolling interests 0 (1)
Earnings attributable to common shares 262 176
Southern California Gas Company [Member]    
REVENUES    
Utilities operating revenue 1,395 1,361
Operating expenses    
Cost of natural gas 278 455
Operation and maintenance 543 410
Depreciation and amortization 159 147
Franchise fees and other taxes 51 48
Total operating expenses 1,031 1,060
Operating income 364 301
Other (expense) income, net 30 16
Interest income 1 0
Interest expense (40) (34)
Income from continuing operations before income taxes and equity earnings 355 283
Income tax benefit (expense) (52) (19)
Net income 303 264
Earnings attributable to common shares $ 303 $ 264