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CONDENSED STATEMENTS OF OPERATIONS - SDG&E - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES        
Electric $ 1,054 $ 1,189 $ 2,081 $ 2,306
Natural gas 1,660 1,704 6,072 4,024
Operating expenses:        
Other Income, Net 31 (1) 72 37
Interest income 17 15 41 40
Interest expense (317) (271) (683) (514)
Income before income taxes and equity earnings 523 364 1,852 1,029
Income Tax Expense (175) (80) (551) (414)
Net income 736 659 1,908 1,316
Earnings attributable to common shares 603 559 1,572 1,171
San Diego Gas and Electric Company        
REVENUES        
Electric 1,058 1,192 2,089 2,312
Natural gas 204 207 826 532
Operating revenues 1,262 1,399 2,915 2,844
Operating expenses:        
Cost of electric fuel and purchased power 107 269 242 490
Cost of natural gas 38 69 417 195
Operation and maintenance 474 420 901 817
Depreciation and amortization 268 244 530 483
Franchise fees and other taxes 90 88 186 180
Total operating expenses 977 1,090 2,276 2,165
Operating income 285 309 639 679
Other Income, Net 22 22 50 56
Interest income 4 1 5 1
Interest expense (123) (114) (241) (220)
Income before income taxes and equity earnings 188 218 453 516
Income Tax Expense (4) (42) (11) (106)
Net income 184 176 442 410
Earnings attributable to common shares $ 184 $ 176 $ 442 $ 410