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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES    
Utilities operating revenue $ 2,845 $ 2,665
Energy-related businesses 414 364
Total revenues 3,259 3,029
Operating expenses    
Operation and maintenance (1,001) (851)
Aliso Canyon litigation and regulatory matters 0 (100)
Depreciation and amortization (442) (412)
Franchise fees and other taxes (153) (137)
Operating expenses    
Other income (expense), net 35 (254)
Interest income 19 27
Interest expense (259) (280)
Income from continuing operations before income taxes and equity earnings 768 397
Income tax (expense) benefit (158) 207
Equity earnings 318 263
Income from continuing operations, net of income tax 928 867
Income from discontinued operations, net of income tax 0 80
Net income 928 947
Earnings attributable to noncontrolling interests (33) (151)
Preferred dividends (21) (36)
Earnings attributable to common shares $ 874 $ 760
Basic EPS:    
Earnings from continuing operations $ 2.91 $ 2.35
(Losses) earnings from discontinued operations 0 0.25
Earnings attributable to common shares (in dollars per share) $ 2.91 $ 2.60
Weighted-average common shares outstanding 300,905 292,790
Diluted EPS:    
Earnings from continuing operations $ 2.87 $ 2.30
(Losses) earnings from discontinued operations 0 0.23
Earnings from continuing operations attributable to common shares (in usd per share) $ 2.87 $ 2.53
Weighted-average common share outstanding, diluted 308,458 313,925
Natural gas [Member]    
Operating expenses    
Operating expenses $ (349) $ (337)
Electric fuel and purchased power [Member]    
Operating expenses    
Operating expenses (232) (229)
Energy-related businesses [Member]    
Operating expenses    
Operating expenses (109) (59)
San Diego Gas and Electric Company [Member]    
REVENUES    
Electric 1,069 1,050
Natural gas 268 219
Utilities operating revenue 1,337 1,269
Operating expenses    
Cost of electric fuel and purchased power 241 231
Cost of natural gas 82 60
Operation and maintenance 390 310
Depreciation and amortization 213 201
Franchise fees and other taxes 88 78
Total operating expenses 1,014 880
Operating income 323 389
Other income (expense), net 35 31
Interest income 1 1
Interest expense (102) (101)
Income from continuing operations before income taxes and equity earnings 257 320
Income tax (expense) benefit (45) (58)
Net income 212 262
Earnings attributable to common shares 212 262
Southern California Gas Company [Member]    
REVENUES    
Utilities operating revenue 1,508 1,395
Operating expenses    
Aliso Canyon litigation and regulatory matters 0 (100)
Operating expenses    
Cost of natural gas 273 278
Operation and maintenance 503 443
Depreciation and amortization 173 159
Franchise fees and other taxes 58 51
Total operating expenses 1,007 1,031
Operating income 501 364
Other income (expense), net 39 30
Interest income 0 1
Interest expense (39) (40)
Income from continuing operations before income taxes and equity earnings 501 355
Income tax (expense) benefit (94) (52)
Net income 407 303
Earnings attributable to common shares $ 407 $ 303