SEMPRA - CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST	6 Months Ended
Jun. 30, 2026
Temporary Equity Disclosure [Abstract]
CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST	SEMPRA – CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST SEMPRA INFRASTRUCTURE In September 2025, PA2 JVCo issued 49.9% of its equity interests to Blackstone, which we discuss in Note 12 of the Notes to Consolidated Financial Statements in the Annual Report. We present Blackstone’s equity interest as a CRNCI, which appears between liabilities and equity in the mezzanine section of Sempra’s Condensed Consolidated Balance Sheets. We initially recorded the CRNCI at the amount for which Blackstone has a claim on the underlying net assets in liquidation at book value. At June 30, 2026, the CRNCI is not currently redeemable, nor is it probable that it will become redeemable because the forecasted completion of the PA LNG Phase 2 project is highly unlikely to occur beyond the contractually specified date in which Blackstone’s ownership interest becomes redeemable; therefore, we did not accrete the CRNCI to its redemption value. Allocation of Interests Because ownership interests in SI Partners, its subsidiaries and their projects differ by percentage and consolidation level, claims on changes in net assets must be allocated among the respective owners. To effect the allocation of interests, we recorded an increase in CRNCI of $50 million and $92 million, a decrease in NCI of $30 million and $78 million and a decrease in Sempra’s shareholders’ equity of $20 million and $14 million, in the three months and six months ended June 30, 2026, respectively.

SEMPRA - CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST

6 Months Ended

Jun. 30, 2026

Temporary Equity Disclosure [Abstract]

CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST

SEMPRA – CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST

SEMPRA INFRASTRUCTURE

In September 2025, PA2 JVCo issued 49.9% of its equity interests to Blackstone, which we discuss in Note 12 of the Notes to Consolidated Financial Statements in the Annual Report. We present Blackstone’s equity interest as a CRNCI, which appears between liabilities and equity in the mezzanine section of Sempra’s Condensed Consolidated Balance Sheets. We initially recorded the CRNCI at the amount for which Blackstone has a claim on the underlying net assets in liquidation at book value. At June 30, 2026, the CRNCI is not currently redeemable, nor is it probable that it will become redeemable because the forecasted completion of the PA LNG Phase 2 project is highly unlikely to occur beyond the contractually specified date in which Blackstone’s ownership interest becomes redeemable; therefore, we did not accrete the CRNCI to its redemption value.

Allocation of Interests

Because ownership interests in SI Partners, its subsidiaries and their projects differ by percentage and consolidation level, claims on changes in net assets must be allocated among the respective owners. To effect the allocation of interests, we recorded an increase in CRNCI of $50 million and $92 million, a decrease in NCI of $30 million and $78 million and a decrease in Sempra’s shareholders’ equity of $20 million and $14 million, in the three months and six months ended June 30, 2026, respectively.