EX-99.2 3 ex992q32020earningstab.htm EX-99.2 Document
Exhibit 99.2


         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
Three months ended September 30, 2020
(Dollars in millions)SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$1,472 $842 $— $351 $63 $(84)$2,644 
Cost of sales and other expenses(957)(661)— (160)(105)66 (1,817)
Depreciation and amortization(200)(165)— (47)(2)(4)(418)
Other (expense) income, net(2)(7)— 36 — 29 
Income (loss) before interest and tax(1)
313 — 180 (44)(20)438 
Net interest (expense) income(102)(39)— (17)17 (96)(237)
Income tax (expense) benefit(33)— (92)(18)38 (99)
Equity earnings, net— — 209 116 — 326 
Earnings attributable to noncontrolling interests— — — (22)— — (22)
Preferred dividends— — — — — (48)(48)
Earnings (losses) from continuing operations$178 $(24)$209 $50 $71 $(126)358 
Losses from discontinued operations(2)
(7)
Earnings attributable to common shares$351 
Three months ended September 30, 2019
(Dollars in millions)SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$1,427 $975 $— $357 $100 $(101)$2,758 
Cost of sales and other expenses(802)(571)— (174)(120)69 (1,598)
Depreciation and amortization(196)(154)— (46)(2)(4)(402)
Impairment losses(6)(37)— — — — (43)
Loss on sale of assets— — — — — (3)(3)
Other income (expense), net19 — (30)— (7)
Income (loss) before interest and tax(1)
442 214 — 107 (22)(36)705 
Net interest (expense) income(105)(36)— (10)(110)(257)
Income tax (expense) benefit(71)(35)— — 43 (61)
Equity earnings, net— — 212 37 17 — 266 
(Earnings) losses attributable to noncontrolling interests(3)— — (50)— (52)
Preferred dividends— — — — — (36)(36)
Earnings (losses) from continuing operations$263 $143 $212 $84 $$(139)565 
Earnings from discontinued operations248 
Earnings attributable to common shares$813 
(1)     Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.
(2)     Represents post-closing adjustments related to the sale of our equity interests in our Chilean businesses.





         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
Nine months ended September 30, 2020
(Dollars in millions)SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra RenewablesSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$3,976 $3,247 $— $935 $— $255 $(214)$8,199 
Cost of sales and other expenses(2,326)(2,144)— (408)— (266)153 (4,991)
Depreciation and amortization(598)(486)— (141)— (7)(10)(1,242)
Other income (expense), net47 21 — (211)— — (20)(163)
Income (loss) before interest and tax(1)
1,099 638 — 175 — (18)(91)1,803 
Net interest (expense) income(305)(117)— (48)— 26 (298)(742)
Income tax (expense) benefit(161)(95)— 161 — (59)94 (60)
Equity earnings (losses), net— — 458 207 — 257 (100)822 
(Earnings) losses attributable to noncontrolling interests— — — (193)— (191)
Preferred dividends— (1)— — — — (121)(122)
Earnings (losses) from continuing operations$633 $425 $458 $302 $— $207 $(515)1,510 
Earnings from discontinued operations(2)
1,840 
Earnings attributable to common shares$3,350 
Nine months ended September 30, 2019
(Dollars in millions)SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra RenewablesSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$3,666 $3,142 $— $1,058 $10 $327 $(317)$7,886 
Cost of sales and other expenses(2,141)(2,083)— (496)(20)(350)223 (4,867)
Depreciation and amortization(571)(449)— (136)— (7)(11)(1,174)
Impairment losses(6)(37)— — — — (43)
Gain on sale of assets— — — — 61 — 63 
Other income, net60 18 — — — 19 103 
Income (loss) before interest and tax(1)
1,008 591 — 432 51 (30)(84)1,968 
Net interest (expense) income(308)(103)— (31)27 (326)(733)
Income tax (expense) benefit(111)(50)— (116)(4)(4)135 (150)
Equity earnings (losses), net— — 419 43 19 (1)485 
(Earnings) losses attributable to noncontrolling interests(7)— — (114)(1)— (121)
Preferred dividends— (1)— — — — (107)(108)
Earnings (losses) from continuing operations$582 $437 $419 $214 $59 $13 $(383)1,341 
Earnings from discontinued operations
267 
Earnings attributable to common shares$1,608 
(1)     Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.
(2)     Includes $1,747 million gain on the sale of our South American businesses in the second quarter of 2020.