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CONSOLIDATED BALANCE SHEETS - SCG - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Current assets:      
Cash and cash equivalents $ 559 $ 960 $ 108
Accounts receivable – trade, net 2,071 1,578 1,261
Accounts receivable – other, net 398 403 455
Due from unconsolidated affiliates 23 20 32
Income taxes receivable, net 79 113 112
Inventories 389 308 277
Regulatory assets 271 190 222
Greenhouse gas allowances 97 553 72
Other current assets 209 149 163
Total current assets 4,375 4,511 3,339
Other assets:      
Regulatory assets 2,011 1,822 1,930
Insurance receivable for Aliso Canyon costs 360 445 339
Greenhouse gas allowances 422 101 470
Right-of-use assets – operating leases 594 543 591
Other long-term assets 1,244 753 732
Total other assets 23,776 22,109 25,874
Property, plant and equipment:      
Property, plant and equipment 58,940 53,928 49,329
Less accumulated depreciation and amortization (15,046) (13,925) (12,877)
Property, plant and equipment, net 43,894 40,003 36,452
ASSETS 72,045 66,623 65,665
Current liabilities:      
Short-term debt 3,471 885 3,505
Accounts payable – trade 1,671 1,359 1,234
Accounts payable – other 178 154 179
Due to unconsolidated affiliates 0 45 5
Accrued compensation and benefits 479 446 476
Regulatory liabilities 359 140 319
Current portion of long-term debt and finance leases 106 1,540 1,526
Reserve for Aliso Canyon costs 1,980 150 9
Greenhouse gas obligations 97 553 72
Other current liabilities 1,131 1,016 866
Total current liabilities 10,035 6,839 9,150
Long-term debt and finance leases 21,068 21,781 20,785
Deferred credits and other liabilities:      
Regulatory liabilities 3,402 3,372 3,741
Reserve for Aliso Canyon costs 3 301 7
Greenhouse gas obligations 225 0 301
Deferred income taxes 3,477 2,871 2,577
Asset retirement obligations 3,375 3,113 2,923
Deferred credits and other 2,067 2,119 2,062
Total deferred credits and other liabilities 13,523 13,069 13,925
Commitments and contingencies (Note 16)
Equity:      
Common stock 11,862 7,053 7,480
Retained earnings 13,548 13,673 11,130
Accumulated other comprehensive income (loss) (318) (500) (939)
Total shareholders’ equity 25,981 23,373 19,929
Total liabilities and shareholders’ equity 72,045 66,623 65,665
SoCalGas      
Current assets:      
Cash and cash equivalents 37 4 10
Accounts receivable – trade, net 1,084 786 710
Accounts receivable – other, net 58 64 87
Due from unconsolidated affiliates 49 22 11
Income taxes receivable, net 23 0 161
Inventories 172 153 136
Regulatory assets 40 16 7
Greenhouse gas allowances 75 390 52
Other current assets 61 47 44
Total current assets 1,599 1,482 1,218
Other assets:      
Regulatory assets 1,148 1,208 1,407
Insurance receivable for Aliso Canyon costs 360 445 339
Greenhouse gas allowances 290 9 248
Right-of-use assets – operating leases 57 74 94
Other long-term assets 627 499 447
Total other assets 2,482 2,235 2,535
Property, plant and equipment:      
Property, plant and equipment 23,104 21,180 19,362
Less accumulated depreciation and amortization (6,861) (6,437) (6,038)
Property, plant and equipment, net 16,243 14,743 13,324
ASSETS 20,324 18,460 17,077
Current liabilities:      
Short-term debt 385 113 630
Accounts payable – trade 775 600 545
Accounts payable – other 142 122 110
Due to unconsolidated affiliates 36 31 47
Accrued compensation and benefits 202 189 182
Regulatory liabilities 345 79 243
Current portion of long-term debt and finance leases 11 10 6
Customer deposits 13 48 71
Reserve for Aliso Canyon costs 1,980 150 9
Greenhouse gas obligations 75 390 52
Asset retirement obligations 77 59 65
Other current liabilities 271 291 222
Total current liabilities 4,312 2,082 2,182
Long-term debt and finance leases 4,773 4,763 3,788
Deferred credits and other liabilities:      
Regulatory liabilities 1,100 1,177 1,422
Reserve for Aliso Canyon costs 3 301 7
Greenhouse gas obligations 174 0 208
Pension obligation, net of plan assets 551 853 785
Deferred income taxes 1,039 1,406 1,403
Asset retirement obligations 2,505 2,309 2,112
Deferred credits and other 425 425 422
Total deferred credits and other liabilities 5,797 6,471 6,359
Commitments and contingencies (Note 16)
Equity:      
Preferred stock 22 22 22
Common stock 1,666 866 866
Retained earnings 3,785 4,287 3,883
Accumulated other comprehensive income (loss) (31) (31) (23)
Total shareholders’ equity 5,442 5,144 4,748
Total liabilities and shareholders’ equity 20,324 18,460 17,077
Convertible Preferred Stock Series A      
Equity:      
Preferred stock 0 1,693 1,693
Convertible Preferred Stock Series B      
Equity:      
Preferred stock 0 565 565
Series C Preferred Stock      
Equity:      
Preferred stock $ 889 $ 889 $ 0