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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 3 Months Ended
Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Commodity Derivative Volumes Table
The following table summarizes net energy derivative volumes.
NET ENERGY DERIVATIVE VOLUMES
(Quantities in millions)
CommodityUnit of measureMarch 31, 2021December 31, 2020
Sempra Energy Consolidated:
Natural gasMMBtu(7)5 
ElectricityMWh1 1 
Congestion revenue rightsMWh41 43 
SDG&E:
Natural gasMMBtu10 16 
ElectricityMWh1 1 
Congestion revenue rightsMWh41 43 
SoCalGas:
Natural gasMMBtu— 1 
Notional Amounts of Derivatives Table
The following table presents the net notional amounts of our interest rate derivatives, excluding JVs.
INTEREST RATE DERIVATIVES
(Dollars in millions)
 March 31, 2021December 31, 2020
 Notional debtMaturitiesNotional debtMaturities
Sempra Energy Consolidated:    
Cash flow hedges$729 2021-2034$1,486 2021-2034
The following table presents the net notional amounts of our foreign currency derivatives, excluding JVs.
FOREIGN CURRENCY DERIVATIVES
(Dollars in millions)
 March 31, 2021December 31, 2020
 Notional amountMaturitiesNotional amountMaturities
Sempra Energy Consolidated:    
Cross-currency swaps$306 2021-2023$306 2021-2023
Other foreign currency derivatives1,438 2021-20221,764 2021-2022
Derivative Instruments on the Condensed Consolidated Balance Sheets Table The following tables provide the fair values of derivative instruments on the Condensed Consolidated Balance Sheets, including the amount of cash collateral receivables that were not offset because the cash collateral was in excess of liability positions.
DERIVATIVE INSTRUMENTS ON THE CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
 March 31, 2021
 
Other current assets(1)
Other long-term assetsOther current liabilitiesDeferred credits and other
Sempra Energy Consolidated:    
Derivatives designated as hedging instruments:    
Interest rate and foreign exchange instruments$— $8 $(22)$(161)
Derivatives not designated as hedging instruments:    
Commodity contracts not subject to rate recovery57 15 (73)(20)
Associated offsetting commodity contracts(53)(15)53 15 
Commodity contracts subject to rate recovery31 92 (29)(26)
Net amounts presented on the balance sheet35 100 (71)(192)
Additional cash collateral for commodity contracts
not subject to rate recovery
24 — — — 
Additional cash collateral for commodity contracts
subject to rate recovery
27 — — — 
Total(2)
$86 $100 $(71)$(192)
SDG&E:    
Derivatives not designated as hedging instruments:    
Commodity contracts subject to rate recovery$27 $92 $(25)$(25)
Net amounts presented on the balance sheet27 92 (25)(25)
Additional cash collateral for commodity contracts
subject to rate recovery
26 — — — 
Total(2)
$53 $92 $(25)$(25)
SoCalGas:    
Derivatives not designated as hedging instruments:    
Commodity contracts subject to rate recovery$4 $— $(4)$(1)
Net amounts presented on the balance sheet4 — (4)(1)
Additional cash collateral for commodity contracts
subject to rate recovery
1 — — — 
Total$5 $— $(4)$(1)
(1)    Included in Current Assets: Fixed-Price Contracts and Other Derivatives for SDG&E.
(2)    Normal purchase contracts previously measured at fair value are excluded.
DERIVATIVE INSTRUMENTS ON THE CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
 December 31, 2020
Other current assets(1)
Other long-term assetsOther current liabilitiesDeferred credits and other
Sempra Energy Consolidated:    
Derivatives designated as hedging instruments:    
Interest rate and foreign exchange instruments$— $1 $(26)$(160)
Derivatives not designated as hedging instruments:    
Foreign exchange instruments24 — — — 
Commodity contracts not subject to rate recovery82 17 (95)(16)
Associated offsetting commodity contracts(82)(13)82 13 
Commodity contracts subject to rate recovery35 95 (35)(25)
Associated offsetting commodity contracts(2)— 2 — 
Net amounts presented on the balance sheet57 100 (72)(188)
Additional cash collateral for commodity contracts
not subject to rate recovery
21 — — — 
Additional cash collateral for commodity contracts
subject to rate recovery
30 — — — 
Total(2)
$108 $100 $(72)$(188)
SDG&E:    
Derivatives not designated as hedging instruments:    
Commodity contracts subject to rate recovery$32 $95 $(28)$(25)
Associated offsetting commodity contracts(1)— 1 — 
Net amounts presented on the balance sheet31 95 (27)(25)
Additional cash collateral for commodity contracts
subject to rate recovery
24 — — — 
Total(2)
$55 $95 $(27)$(25)
SoCalGas:    
Derivatives not designated as hedging instruments:    
Commodity contracts subject to rate recovery$3 $— $(7)$— 
Associated offsetting commodity contracts(1)— 1 — 
Net amounts presented on the balance sheet2 — (6)— 
Additional cash collateral for commodity contracts
subject to rate recovery
6 — — — 
Total$8 $— $(6)$— 
(1)    Included in Current Assets: Fixed-Price Contracts and Other Derivatives for SDG&E.
(2)    Normal purchase contracts previously measured at fair value are excluded.
Cash Flow Hedge Impact on the Condensed Consolidated Statements of Comprehensive Income Table
The following table includes the effects of derivative instruments designated as cash flow hedges on the Condensed Consolidated Statements of Operations and in OCI and AOCI.
CASH FLOW HEDGE IMPACTS
(Dollars in millions)
Pretax gain (loss)
recognized in OCI		Pretax (loss) gain reclassified
from AOCI into earnings
Three months ended March 31, Three months ended March 31,
 20212020Location20212020
Sempra Energy Consolidated:     
Interest rate instruments$26 $(47)Interest Expense$(2)$(2)
Interest rate instruments83 (185)
Equity Earnings(1)
(19)(2)
Foreign exchange instruments3 21 
Revenues Energy-
      Related Businesses
(1)2 
Other Income (Expense), Net— 2 
Interest rate and foreign
exchange instruments
(6)(45)Other Income (Expense), Net(6)(41)
Foreign exchange instruments3 13 
Equity Earnings(1)
(1)2 
Total$109 $(243) $(29)$(39)
(1)    Equity earnings at Sempra Mexico are recognized after tax.
Fair Value Hedge Impact on the Condensed Consolidated Statements of Operations Table
The following table summarizes the effects of derivative instruments not designated as hedging instruments on the Condensed Consolidated Statements of Operations.
UNDESIGNATED DERIVATIVE IMPACTS
(Dollars in millions)
  Pretax (loss) gain on derivatives recognized in earnings
  Three months ended March 31,
 Location20212020
Sempra Energy Consolidated:   
Commodity contracts not subject
to rate recovery
Revenues: Energy-Related
Businesses
$(48)$51 
Commodity contracts subject
to rate recovery
Cost of Natural Gas2 (3)
Commodity contracts subject
to rate recovery
Cost of Electric Fuel
and Purchased Power
2 (9)
Foreign exchange instrumentsOther Income (Expense), Net(24)(114)
Total $(68)$(75)
SDG&E:   
Commodity contracts subject
to rate recovery
Cost of Electric Fuel
and Purchased Power
$2 $(9)
SoCalGas:   
Commodity contracts subject
to rate recovery
Cost of Natural Gas$2 $(3)