REGULATORY MATTERS (Tables)

9 Months Ended

Sep. 30, 2021

Regulated Operations [Abstract]

Schedule of Regulatory Assets

We show the details of regulatory assets and liabilities in the following table.

REGULATORY ASSETS (LIABILITIES)
(Dollars in millions)
	September 30, 2021		December 31, 2020
SDG&E:
Fixed-price contracts and other derivatives	$	(88)	$	(53)
Deferred income taxes recoverable in rates	72		22
Pension and other postretirement benefit plan obligations	19		50
Removal obligations	(2,228)		(2,121)
Environmental costs	55		56
Sunrise Powerlink fire mitigation	121		121
Regulatory balancing accounts(1)(2)
Commodity – electric	85		72
Gas transportation	23		35
Safety and reliability	60		67
Public purpose programs	(138)		(158)
2019 GRC retroactive impacts	14		56
Other balancing accounts	535		233
Other regulatory assets, net(2)	110		72
Total SDG&E	(1,360)		(1,548)
SoCalGas:
Deferred income taxes recoverable (refundable) in rates	9		(82)
Pension and other postretirement benefit plan obligations	342		417
Employee benefit costs	37		37
Removal obligations	(649)		(685)
Environmental costs	35		36
Regulatory balancing accounts(1)(2)
Commodity – gas, including transportation	(138)		(56)
Safety and reliability	299		335
Public purpose programs	(274)		(253)
2019 GRC retroactive impacts	51		202
Other balancing accounts	85		(58)
Other regulatory assets, net(2)	160		75
Total SoCalGas	(43)		(32)
Sempra Mexico:
Deferred income taxes recoverable in rates	80		80
Total Sempra	$	(1,323)	$	(1,500)

(1)    At September 30, 2021 and December 31, 2020, the noncurrent portion of regulatory balancing accounts – net undercollected for SDG&E was $331 million and $139 million, respectively, and for SoCalGas was $472 million and $218 million, respectively.

(2)    Includes regulatory assets earning a return authorized by applicable regulators, which currently approximates the three-month commercial paper rate.

Schedule of Regulatory Liabilities

We show the details of regulatory assets and liabilities in the following table.

REGULATORY ASSETS (LIABILITIES)
(Dollars in millions)
	September 30, 2021		December 31, 2020
SDG&E:
Fixed-price contracts and other derivatives	$	(88)	$	(53)
Deferred income taxes recoverable in rates	72		22
Pension and other postretirement benefit plan obligations	19		50
Removal obligations	(2,228)		(2,121)
Environmental costs	55		56
Sunrise Powerlink fire mitigation	121		121
Regulatory balancing accounts(1)(2)
Commodity – electric	85		72
Gas transportation	23		35
Safety and reliability	60		67
Public purpose programs	(138)		(158)
2019 GRC retroactive impacts	14		56
Other balancing accounts	535		233
Other regulatory assets, net(2)	110		72
Total SDG&E	(1,360)		(1,548)
SoCalGas:
Deferred income taxes recoverable (refundable) in rates	9		(82)
Pension and other postretirement benefit plan obligations	342		417
Employee benefit costs	37		37
Removal obligations	(649)		(685)
Environmental costs	35		36
Regulatory balancing accounts(1)(2)
Commodity – gas, including transportation	(138)		(56)
Safety and reliability	299		335
Public purpose programs	(274)		(253)
2019 GRC retroactive impacts	51		202
Other balancing accounts	85		(58)
Other regulatory assets, net(2)	160		75
Total SoCalGas	(43)		(32)
Sempra Mexico:
Deferred income taxes recoverable in rates	80		80
Total Sempra	$	(1,323)	$	(1,500)

(1)    At September 30, 2021 and December 31, 2020, the noncurrent portion of regulatory balancing accounts – net undercollected for SDG&E was $331 million and $139 million, respectively, and for SoCalGas was $472 million and $218 million, respectively.

(2)    Includes regulatory assets earning a return authorized by applicable regulators, which currently approximates the three-month commercial paper rate.