v3.25.2
CONDENSED STATEMENTS OF OPERATIONS - SDG&E - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
REVENUES        
Electric $ 1,031 $ 1,144 $ 2,090 $ 2,200
Natural gas 1,470 1,494 3,832 3,603
Operating expenses:        
Other income, net 59 30 150 129
Interest income 14 17 48 30
Interest expense (359) (311) (792) (616)
Income before income taxes and equity earnings 298 308 949 1,013
Income tax (expense) benefit (172) 130 (229) (42)
Net income 519 871 1,438 1,752
Earnings attributable to common shares 461 713 1,367 1,514
SDG&E        
REVENUES        
Electric 1,034 1,149 2,098 2,209
Natural gas 228 206 584 525
Operating revenues 1,262 1,355 2,682 2,734
Operating expenses:        
Cost of electric fuel and purchased power 106 175 179 282
Cost of natural gas 44 37 131 139
Operation and maintenance 403 423 843 834
Depreciation and amortization 323 304 643 602
Franchise fees and other taxes 98 91 208 195
Total operating expenses 974 1,030 2,004 2,052
Operating income 288 325 678 682
Other income, net 31 23 71 56
Interest income 2 3 2 4
Interest expense (139) (131) (274) (259)
Income before income taxes and equity earnings 182 220 477 483
Income tax (expense) benefit (7) (34) (21) (74)
Net income 175 186 456 409
Earnings attributable to common shares $ 175 $ 186 $ 456 $ 409