v3.26.3
CONDENSED BALANCE SHEETS - SoCalGas - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 34 $ 29 [1]
Accounts receivable – trade, net 1,573 1,767 [1]
Accounts receivable – other, net 178 157 [1]
Due from unconsolidated affiliates 53 0 [1]
Inventories 531 561 [1]
Regulatory assets 589 761 [1]
Greenhouse gas allowances 202 203 [1]
Other current assets 368 262 [1]
Total current assets 37,318 34,837 [1]
Other assets:    
Regulatory assets 4,241 3,868 [1]
Greenhouse gas allowances 1,614 1,221 [1]
Right-of-use assets – operating leases 1,239 1,262 [1]
Other long-term assets 1,230 1,300 [1]
Total other assets 30,222 27,030 [1]
Property, plant and equipment:    
Property, plant and equipment 69,431 66,900 [1]
Less accumulated depreciation and amortization (18,947) (17,889) [1]
Property, plant and equipment, net 50,484 49,011 [1]
Total assets 118,024 110,878 [1]
Current liabilities:    
Short-term debt 4,438 4,166 [1]
Accounts payable – trade 1,318 1,461 [1]
Accounts payable – other 190 203 [1]
Accrued compensation and benefits 475 521 [1]
Current portion of long-term debt and finance leases 1,528 1,876 [1]
Greenhouse gas obligations 202 203 [1]
Total current liabilities 23,209 21,894 [1]
Long-term debt and finance leases 31,508 28,979 [1]
Deferred credits and other liabilities:    
Regulatory liabilities 4,464 4,250 [1]
Greenhouse gas obligations 1,301 957 [1]
Pension obligation, net of plan assets 105 124 [1]
Deferred income taxes 6,555 6,127 [1]
Asset retirement obligations 3,876 3,743 [1]
Deferred credits and other 2,830 2,805 [1]
Total deferred credits and other liabilities 19,131 18,006 [1]
Commitments and contingencies [1]
Equity:    
Common stock 14,760 14,699 [1]
Retained earnings 18,513 17,092 [1]
Accumulated other comprehensive income (loss) 54 (197) [1]
Total shareholders’ equity 33,327 31,594 [1]
Total liabilities, contingently redeemable noncontrolling interest, and equity 118,024 110,878 [1]
Related Party    
Current assets:    
Due from unconsolidated affiliates 53 0
Current liabilities:    
Other current liabilities 0 8 [1]
Nonrelated Party    
Current liabilities:    
Other current liabilities 984 979 [1]
Southern California Gas Company    
Current assets:    
Cash and cash equivalents 1 14 [2]
Accounts receivable – trade, net 563 958 [2]
Accounts receivable – other, net 76 61 [2]
Due from unconsolidated affiliates 1 8 [2]
Inventories 276 294 [2]
Regulatory assets 331 328 [2]
Greenhouse gas allowances 173 175 [2]
Other current assets 131 91 [2]
Total current assets 1,552 1,929 [2]
Other assets:    
Regulatory assets 1,908 1,888 [2]
Greenhouse gas allowances 1,302 935 [2]
Right-of-use assets – operating leases 125 68 [2]
Other long-term assets 665 738 [2]
Total other assets 4,000 3,629 [2]
Property, plant and equipment:    
Property, plant and equipment 32,176 31,078 [2]
Less accumulated depreciation and amortization (9,449) (8,948) [2]
Property, plant and equipment, net 22,727 22,130 [2]
Total assets 28,279 27,688 [2]
Current liabilities:    
Short-term debt 76 903 [2]
Accounts payable – trade 571 727 [2]
Accounts payable – other 140 161 [2]
Accrued compensation and benefits 203 219 [2]
Current portion of long-term debt and finance leases 726 529 [2]
Greenhouse gas obligations 173 175 [2]
Asset retirement obligations 94 98 [2]
Total current liabilities 2,504 3,383 [2]
Long-term debt and finance leases 8,041 7,619 [2]
Deferred credits and other liabilities:    
Regulatory liabilities 1,315 1,290 [2]
Greenhouse gas obligations 1,104 820 [2]
Pension obligation, net of plan assets 18 18 [2]
Deferred income taxes 2,435 2,271 [2]
Asset retirement obligations 3,118 2,994 [2]
Deferred credits and other 551 457 [2]
Total deferred credits and other liabilities 8,541 7,850 [2]
Commitments and contingencies [2]
Equity:    
Preferred stock 0 22 [2]
Common stock 2,316 2,316 [2]
Retained earnings 6,893 6,515 [2]
Accumulated other comprehensive income (loss) (16) (17) [2]
Total shareholders’ equity 9,193 8,836 [2]
Total liabilities, contingently redeemable noncontrolling interest, and equity 28,279 27,688 [2]
Southern California Gas Company | Related Party    
Current assets:    
Due from unconsolidated affiliates 1 8
Current liabilities:    
Other current liabilities 51 35 [2]
Southern California Gas Company | Nonrelated Party    
Current liabilities:    
Other current liabilities $ 470 $ 536 [2]
[1] Derived from audited financial statements.
[2] Derived from audited financial statements.