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REVENUES
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
REVENUES REVENUES
We discuss revenue recognition for revenues from contracts with customers and from sources other than contracts with customers in Note 3 of the Notes to Consolidated Financial Statements in the Annual Report.
The following table disaggregates our revenues from contracts with customers by major service line and market and provides a reconciliation to total revenues by segment. The majority of our revenue is recognized over time.
DISAGGREGATED REVENUES
(Dollars in millions)
SDG&ESoCalGasSempra InfrastructureConsolidating adjustments and Parent
and other
Sempra
Three months ended September 30, 2023
By major service line:
Utilities$1,438 $1,120 $18 $(35)$2,541 
Energy-related businesses— — 369 (16)353 
Revenues from contracts with customers$1,438 $1,120 $387 $(51)$2,894 
By market:
Gas$182 $1,120 $234 $(30)$1,506 
Electric1,256 — 153 (21)1,388 
Revenues from contracts with customers$1,438 $1,120 $387 $(51)$2,894 
Revenues from contracts with customers$1,438 $1,120 $387 $(51)$2,894 
Utilities regulatory revenues193 — — 197 
Other revenues— — 242 243 
Total revenues$1,442 $1,313 $629 $(50)$3,334 
 Nine months ended September 30, 2023
By major service line:
Utilities$4,603 $6,252 $67 $(107)$10,815 
Energy-related businesses— — 916 (56)860 
Revenues from contracts with customers$4,603 $6,252 $983 $(163)$11,675 
By market:
Gas$988 $6,252 $605 $(95)$7,750 
Electric3,615 — 378 (68)3,925 
Revenues from contracts with customers$4,603 $6,252 $983 $(163)$11,675 
Revenues from contracts with customers$4,603 $6,252 $983 $(163)$11,675 
Utilities regulatory revenues(246)322 — — 76 
Other revenues— — 1,502 (24)1,478 
Total revenues$4,357 $6,574 $2,485 $(187)$13,229 
DISAGGREGATED REVENUES (CONTINUED)
(Dollars in millions)
SDG&ESoCalGasSempra InfrastructureConsolidating adjustments and Parent
and other
Sempra
Three months ended September 30, 2022
By major service line:
Utilities$1,383 $1,214 $19 $(29)$2,587 
Energy-related businesses— — 532 (13)519 
Revenues from contracts with customers$1,383 $1,214 $551 $(42)$3,106 
By market:
Gas$175 $1,214 $379 $(30)$1,738 
Electric1,208 — 172 (12)1,368 
Revenues from contracts with customers$1,383 $1,214 $551 $(42)$3,106 
Revenues from contracts with customers$1,383 $1,214 $551 $(42)$3,106 
Utilities regulatory revenues186 171 — — 357 
Other revenues— — 146 154 
Total revenues$1,569 $1,385 $697 $(34)$3,617 
 Nine months ended September 30, 2022
By major service line:
Utilities$4,134 $4,473 $67 $(85)$8,589 
Energy-related businesses— — 1,281 (42)1,239 
Revenues from contracts with customers$4,134 $4,473 $1,348 $(127)$9,828 
By market:
Gas$664 $4,473 $948 $(75)$6,010 
Electric3,470 — 400 (52)3,818 
Revenues from contracts with customers$4,134 $4,473 $1,348 $(127)$9,828 
Revenues from contracts with customers$4,134 $4,473 $1,348 $(127)$9,828 
Utilities regulatory revenues279 406 — — 685 
Other revenues— — 462 471 
Total revenues$4,413 $4,879 $1,810 $(118)$10,984 
REVENUES FROM CONTRACTS WITH CUSTOMERS
Remaining Performance Obligations
For contracts greater than one year, at September 30, 2023, we expect to recognize revenue related to the fixed fee component of the consideration as shown below. Sempra’s remaining performance obligations primarily relate to capacity agreements for natural gas storage and transportation at Sempra Infrastructure and transmission line projects at SDG&E. SoCalGas did not have any remaining performance obligations at September 30, 2023.
REMAINING PERFORMANCE OBLIGATIONS(1)
(Dollars in millions)
Sempra SDG&E
2023 (excluding first nine months of 2023)$85 $
2024300 
2025338 
2026365 
2027365 
Thereafter4,077 59 
Total revenues to be recognized
$5,530 $76 
(1)    Excludes intercompany transactions.
Contract Liabilities from Revenues from Contracts with Customers
Activities within Sempra’s and SDG&E’s contract liabilities are presented below. There were no contract liabilities at SoCalGas in the nine months ended September 30, 2023 or 2022. Sempra Infrastructure recorded a contract liability for funds held as collateral in lieu of a customer’s letters of credit associated with its LNG storage and regasification agreement.
CONTRACT LIABILITIES
(Dollars in millions)
20232022
Sempra:
Contract liabilities at January 1$(252)$(278)
Revenue from performance obligations satisfied during reporting period129 
Payments received in advance(21)(105)
Contract liabilities at September 30(1)
$(264)$(254)
SDG&E:
Contract liabilities at January 1$(79)$(83)
Revenue from performance obligations satisfied during reporting period
Contract liabilities at September 30(2)
$(76)$(80)
(1)     Balances at September 30, 2023 include $9 in Other Current Liabilities and $255 in Deferred Credits and Other.
(2)     Balances at September 30, 2023 include $4 in Other Current Liabilities and $72 in Deferred Credits and Other.
Receivables from Revenues from Contracts with Customers
The table below shows receivable balances associated with revenues from contracts with customers on the Condensed Consolidated Balance Sheets.
RECEIVABLES FROM REVENUES FROM CONTRACTS WITH CUSTOMERS
(Dollars in millions)
September 30, 2023December 31, 2022
Sempra:
Accounts receivable – trade, net(1)
$1,780 $2,291 
Accounts receivable – other, net15 25 
Due from unconsolidated affiliates – current(2)
Other long-term assets(3)
Total$1,801 $2,334 
SDG&E:
Accounts receivable – trade, net(1)
$952 $799 
Accounts receivable – other, net13 12 
Due from unconsolidated affiliates – current(2)
Other long-term assets(3)
Total$972 $819 
SoCalGas:
Accounts receivable – trade, net$665 $1,295 
Accounts receivable – other, net13 
Other long-term assets(3)
— 
Total$667 $1,311 
(1)     At September 30, 2023 and December 31, 2022, includes $201 and $72, respectively, of receivables due from customers that were billed on behalf of CCAs, which are not included in revenues.
(2)     Amount is presented net of amounts due to unconsolidated affiliates on the Condensed Consolidated Balance Sheets, when right of offset exists.
(3)     In connection with the COVID-19 pandemic and at the direction of the CPUC, SDG&E and SoCalGas enrolled residential and small business customers with past-due balances in long-term repayment plans.