EX-99.2 3 ex99_2q32021earningstablef.htm EX-99.2 Document
Exhibit 99.2

         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Three months ended September 30, 2021SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$1,464 $1,106 $— $597 $119 $(273)$3,013 
Cost of sales and other expenses(843)(840)(1)(343)(265)254 (2,038)
Aliso Canyon litigation and regulatory matters— (1,571)— — — — (1,571)
Depreciation and amortization(226)(180)— (60)(3)(2)(471)
Other income (expense), net(39)— (16)(1)(3)(55)
Income (loss) before interest and tax(1)
399 (1,524)(1)178 (150)(24)(1,122)
Net interest (expense) income(104)(39)— (31)(71)(243)
Income tax (expense) benefit(90)437 — (24)11 342 
Equity earnings, net— — 207 47 137 — 391 
(Earnings) losses attributable to noncontrolling interests— — — (6)— (5)
Preferred dividends— — — — — (11)(11)
Earnings (losses) attributable to common shares$205 $(1,126)$206 $164 $$(98)$(648)

Three months ended September 30, 2020SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$1,472 $842 $— $351 $63 $(84)$2,644 
Cost of sales and other expenses(957)(634)— (160)(105)66 (1,790)
Aliso Canyon litigation and regulatory matters— (27)— — — — (27)
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 
(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
(Dollars in millions)
Nine months ended September 30, 2021
SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$4,119 $3,738 $— $1,368 $367 $(579)$9,013 
Cost of sales and other expenses(2,444)(2,473)(4)(753)(563)529 (5,708)
Aliso Canyon litigation and regulatory matters— (1,571)— — — — (1,571)
Depreciation and amortization(659)(533)— (168)(8)(8)(1,376)
Other income (expense), net61 (2)— (26)(1)20 52 
Income (loss) before interest and tax(1)
1,077 (841)(4)421 (205)(38)410 
Net interest (expense) income(306)(118)— (86)13 (229)(726)
Income tax (expense) benefit(168)335 — (145)(19)42 45 
Equity earnings, net— — 483 85 404 50 1,022 
(Earnings) losses attributable to noncontrolling interests— — — (50)(48)
Preferred dividends— (1)— — — (52)(53)
Earnings (losses) attributable to common shares$603 $(625)$479 $225 $194 $(226)$650 
Nine months ended September 30, 2020
SDG&ESoCalGasSempra Texas UtilitiesSempra MexicoSempra LNGConsolidating Adjustments, Parent & OtherTotal
Revenues$3,976 $3,247 $— $935 $255 $(214)$8,199 
Cost of sales and other expenses(2,326)(2,017)— (408)(266)153 (4,864)
Aliso Canyon litigation and regulatory matters— (127)— — — — (127)
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 
(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.