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CONDENSED STATEMENTS OF OPERATIONS - SDG&E - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUES        
Electric $ 1,189 $ 1,156 $ 2,306 $ 2,224
Natural gas 1,704 1,278 4,024 3,055
Operating expenses        
Other (expense) income, net (1) 72 37 107
Interest income 15 15 40 34
Interest expense (271) (258) (514) (517)
Income before income taxes and equity earnings 364 281 1,029 1,049
Income tax expense (80) (139) (414) (297)
Earnings attributable to common shares 559 424 1,171 1,298
San Diego Gas and Electric Company        
REVENUES        
Electric 1,192 1,158 2,312 2,227
Natural gas 207 160 532 428
Operating revenues 1,399 1,318 2,844 2,655
Operating expenses        
Cost of electric fuel and purchased power 269 304 490 545
Cost of natural gas 69 40 195 122
Operation and maintenance 420 373 817 763
Depreciation and amortization 244 220 483 433
Franchise fees and other taxes 88 83 180 171
Total operating expenses 1,090 1,020 2,165 2,034
Operating income 309 298 679 621
Other (expense) income, net 22 22 56 57
Interest income 1 0 1 1
Interest expense (114) (101) (220) (203)
Income before income taxes and equity earnings 218 219 516 476
Income tax expense (42) (33) (106) (78)
Earnings attributable to common shares $ 176 $ 186 $ 410 $ 398