v3.26.3
CONDENSED STATEMENTS OF CASH FLOWS - SDG&E - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 3,206 $ 1,588
Adjustments to reconcile net income to net cash provided by operating activities:    
Regulatory disallowances, net 205 0
Depreciation and amortization 1,865 1,955
Deferred income taxes and investment tax credits 118 558
Bad debt expense 88 109
Other 63 3
Net change in working capital components 60 (745)
Changes in other noncurrent assets and liabilities, net (48) 112
Net cash provided by operating activities 4,680 3,376
CASH FLOWS FROM INVESTING ACTIVITIES    
Expenditures for property, plant and equipment (7,327) (7,201)
Purchases of nuclear decommissioning trust assets (914) (746)
Proceeds from sales of nuclear decommissioning trust assets 942 831
Other (17) 3
Net cash used in investing activities (8,906) (8,605)
CASH FLOWS FROM FINANCING ACTIVITIES    
Common dividends paid (1,245) (1,195)
Issuances of debt (maturities greater than 90 days) 11,178 8,892
Payments on debt (maturities greater than 90 days) and finance leases (6,891) (4,142)
Decrease in short-term debt, net (328) (170)
Net cash provided by financing activities 2,776 6,661
(Decrease) increase in cash, cash equivalents and restricted cash (1,448) 1,436
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest payments, net of amounts capitalized 1,048 940
Income tax payments, net of refunds 164 339
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued capital expenditures for PP&E 1,382 1,619
Increase in finance lease obligations capitalized to PP&E 49 41
San Diego Gas and Electric Company    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 862 780
Adjustments to reconcile net income to net cash provided by operating activities:    
Regulatory disallowances, net (104) 0
Depreciation and amortization 1,028 977
Deferred income taxes and investment tax credits 71 (26)
Bad debt expense 46 39
Other 22 (1)
Net change in working capital components (18) (321)
Changes in other noncurrent assets and liabilities, net (1) (105)
Net cash provided by operating activities 1,906 1,343
CASH FLOWS FROM INVESTING ACTIVITIES    
Expenditures for property, plant and equipment (1,599) (1,811)
Purchases of nuclear decommissioning trust assets (752) (672)
Proceeds from sales of nuclear decommissioning trust assets 772 709
Other 9 12
Net cash used in investing activities (1,570) (1,762)
CASH FLOWS FROM FINANCING ACTIVITIES    
Common dividends paid (300) 0
Issuances of debt (maturities greater than 90 days) 1,096 848
Payments on debt (maturities greater than 90 days) and finance leases (787) (32)
Decrease in short-term debt, net (340) (390)
Debt issuance costs (10) (7)
Net cash provided by financing activities (341) 419
(Decrease) increase in cash, cash equivalents and restricted cash (5) 0
Cash, cash equivalents and restricted cash, January 1 7 0
Cash, cash equivalents and restricted cash, September 30 2 0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest payments, net of amounts capitalized 406 355
Income tax payments, net of refunds 120 23
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued capital expenditures for PP&E 193 206
Increase in finance lease obligations capitalized to PP&E $ 10 $ 8