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DEBT AND CREDIT FACILITIES (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Line of Credit Facilities
COMMITTED LINES OF CREDIT
(Dollars in millions)
December 31, 2024
BorrowerExpiration date of facilityTotal facilityCommercial
paper
outstanding
Amounts outstandingLetters of credit outstandingAvailable unused credit
Sempra
October 2029
$4,000 $— $— $— $4,000 
SDG&E
October 2029
1,500 (417)— — 1,083 
SoCalGas
October 2029
1,200 (337)— — 863 
SI Partners and IEnovaSeptember 2025500 — (368)— 132 
SI Partners and IEnovaAugust 20261,000 — — — 1,000 
SI Partners and IEnovaAugust 20281,500 — (186)— 1,314 
Port Arthur LNGMarch 2030200 — — (64)136 
Total$9,900 $(754)$(554)$(64)$8,528 
UNCOMMITTED LETTERS OF CREDIT OUTSTANDING
(Dollars in millions)
Expiration date rangeDecember 31, 2024
SDG&EJanuary 2025 - November 2025$26 
SoCalGasJanuary 2025 - December 202520 
Other SempraJanuary 2025 - November 2054451 
Total Sempra$497 
The weighted-average interest rates on all short-term debt were as follows:
WEIGHTED-AVERAGE INTEREST RATES
December 31,
20242023
Sempra5.03 %5.96 %
SDG&E4.76 — 
SoCalGas5.02 5.44 
Schedule of Long-term Debt
The following tables show the detail and maturities of long-term debt outstanding.
LONG-TERM DEBT AND FINANCE LEASES
(Dollars in millions)
 December 31,
 20242023
SDG&E:
First mortgage bonds (collateralized by plant assets):
2.50% May 15, 2026
$500 $500 
6.00% June 1, 2026
250 250 
4.95% August 15, 2028
600 600 
1.70% October 1, 2030
800 800 
3.00% March 15, 2032
500 500 
5.35% May 15, 2035
250 250 
6.125% September 15, 2037
250 250 
6.00% June 1, 2039
300 300 
5.35% May 15, 2040
250 250 
4.50% August 15, 2040
500 500 
3.95% November 15, 2041
250 250 
4.30% April 1, 2042
250 250 
3.75% June 1, 2047
400 400 
4.15% May 15, 2048
400 400 
4.10% June 15, 2049
400 400 
3.32% April 15, 2050
400 400 
2.95% August 15, 2051
750 750 
3.70% March 15, 2052
500 500 
5.35% April 1, 2053
800 800 
5.55% April 15, 2054
600 — 
 8,950 8,350 
Other long-term debt (uncollateralized):
Notes at variable rates (5.99% at December 31, 2023) February 18, 2024(1)
— 400 
Finance lease obligations:
Power purchase agreements1,138 1,166 
Other67 67 
1,205 1,633 
10,155 9,983 
Current portion of long-term debt and finance leases(42)(441)
Unamortized discount on long-term debt(33)(29)
Unamortized debt issuance costs(62)(60)
Total SDG&E$10,018 $9,453 
(1)    Callable long-term debt not subject to make-whole provisions.
LONG-TERM DEBT AND FINANCE LEASES (CONTINUED)
(Dollars in millions)
 December 31,
 20242023
SoCalGas:
First mortgage bonds (collateralized by plant assets):
3.15% September 15, 2024
$— $500 
3.20% June 15, 2025
350 350 
2.60% June 15, 2026
500 500 
2.55% February 1, 2030
650 650 
5.20% June 1, 2033
500 500 
5.05% September 1, 2034
600 — 
5.75% November 15, 2035
250 250 
5.125% November 15, 2040
300 300 
3.75% September 15, 2042
350 350 
4.45% March 15, 2044
250 250 
4.125% June 1, 2048
400 400 
4.30% January 15, 2049
550 550 
3.95% February 15, 2050
350 350 
6.35% November 15, 2052
600 600 
5.75% June 1, 2053
500 500 
5.60% April 1, 2054
500 — 
6,650 6,050 
Other long-term debt (uncollateralized):
1.875% Notes May 14, 2026(1)
2.95% Notes April 15, 2027
700 700 
5.67% Notes January 18, 2028(2)
Finance lease obligations110 107 
819 816 
7,469 6,866 
Current portion of long-term debt and finance leases(373)(523)
Unamortized discount on long-term debt(18)(13)
Unamortized debt issuance costs(47)(42)
Total SoCalGas$7,031 $6,288 
(1)    Callable long-term debt not subject to make-whole provisions.
(2)    Debt is not callable.
LONG-TERM DEBT AND FINANCE LEASES (CONTINUED)
(Dollars in millions)
 December 31,
 20242023
Other Sempra:
Sempra - Other long-term debt (uncollateralized):
3.30% Notes April 1, 2025
$750 $750 
5.40% Notes August 1, 2026
550 550 
3.25% Notes June 15, 2027
750 750 
3.40% Notes February 1, 2028
1,000 1,000 
3.70% Notes April 1, 2029
500 500 
5.50% Notes August 1, 2033
700 700 
3.80% Notes February 1, 2038
1,000 1,000 
6.00% Notes October 15, 2039
750 750 
4.00% Notes February 1, 2048
800 800 
4.125% (next rate reset on April 1, 2027) Junior Subordinated Notes April 1, 2052(1)
1,000 1,000 
6.40% (next rate reset on October 1, 2034) Junior Subordinated Notes October 1, 2054(1)
1,250 — 
6.875% (next rate reset on October 1, 2029) Junior Subordinated Notes October 1, 2054(1)
600 — 
6.875% (next rate reset on October 1, 2029) Junior Subordinated Notes October 1, 2054(1)
500 — 
6.55% (next rate reset on April 1, 2035) Junior Subordinated Notes April 1, 2055(1)
600 — 
6.625% (next rate reset on April 1, 2030) Junior Subordinated Notes April 1, 2055(1)
400 — 
5.75% Junior Subordinated Notes July 1, 2079(1)
758 758 
 11,908 8,558 
Sempra Infrastructure - Other long-term debt (uncollateralized unless otherwise noted):
Loan at variable rates (weighted-average rate of 7.29% and 8.31% at December 31, 2024 and
2023, respectively) December 9, 2025
1,063 832 
3.75% Notes January 14, 2028
300 300 
Loan at variable rates (includes $1,090 and $200 at December 31, 2024 and 2023, respectively,
(5.329% after floating-to-fixed rate swaps effective 2023) and $58 at December 31, 2023
(weighted-average rate of 7.37% at December 31, 2023)) March 20, 2030, collateralized by
plant assets(1)
1,090 258 
3.25% Notes January 15, 2032
400 400 
Loan at variable rates (4.03% after floating-to-fixed rate swap effective 2019)
payable June 15, 2022 through November 19, 2034(1)
90 96 
Loan at variable rates (4.03% after floating-to-fixed rate swap effective 2019)
payable June 15, 2022 through November 19, 2034(1)
90 96 
Loan at variable rates (2.38% after floating-to-fixed rate swap effective 2020)
payable June 15, 2022 through November 19, 2034(1)
90 96 
2.90% Loan payable June 15, 2022 through November 19, 2034(1)
219 231 
4.875% Notes January 14, 2048
540 540 
4.75% Notes January 15, 2051
800 800 
4,682 3,649 
16,590 12,207 
Current portion of long-term debt(1,859)(11)
Unamortized discount on long-term debt(78)(66)
Unamortized debt issuance costs(144)(112)
Total Other Sempra14,509 12,018 
Total Sempra$31,558 $27,759 
(1)    Callable long-term debt not subject to make-whole provisions.
The following table shows the detail and maturities of uncollateralized long-term debt outstanding.
LONG-TERM DEBT
(Dollars in millions)
December 31,
 20242023
3.30% Notes April 1, 2025
$750 $750 
5.40% Notes August 1, 2026
550 550 
3.25% Notes June 15, 2027
750 750 
3.40% Notes February 1, 2028
1,000 1,000 
3.70% Notes April 1, 2029
500 500 
5.50% Notes August 1, 2033
700 700 
3.80% Notes February 1, 2038
1,000 1,000 
6.00% Notes October 15, 2039
750 750 
4.00% Notes February 1, 2048
800 800 
4.125% (next rate reset on April 1, 2027) Junior Subordinated Notes April 1, 2052(1)
1,000 1,000 
6.40% (next rate reset on October 1, 2034) Junior Subordinated Notes October 1, 2054(1)
1,250 — 
6.875% (next rate reset on October 1, 2029) Junior Subordinated Notes October 1, 2054(1)
600 — 
6.875% (next rate reset on October 1, 2029) Junior Subordinated Notes October 1, 2054(1)
500 — 
6.55% (next rate reset on April 1, 2035) Junior Subordinated Notes April 1, 2055(1)
600 — 
6.625% (next rate reset on April 1, 2030) Junior Subordinated Notes April 1, 2055(1)
400 — 
5.75% Junior Subordinated Notes July 1, 2079(1)
758 758 
 11,908 8,558 
Current portion of long-term debt(750)— 
Unamortized discount on long-term debt(30)(29)
Unamortized debt issuance costs(100)(68)
Total long-term debt$11,028 $8,461 
(1)    Callable long-term debt not subject to make-whole provisions.
Schedule of Maturities of Long-term Debt
At December 31, 2024, scheduled maturities of long-term debt are as follows:
MATURITIES OF LONG-TERM DEBT(1)
(Dollars in millions)
 SDG&ESoCalGasOther
Sempra
Total
Sempra
2025$— $350 $1,862 $2,212 
2026750 504 599 1,853 
2027— 700 799 1,499 
2028600 1,358 1,963 
2029— — 584 584 
Thereafter7,600 5,800 11,388 24,788 
Total$8,950 $7,359 $16,590 $32,899 
(1)    Excludes finance lease obligations, discounts, and debt issuance costs.
Schedule of Callable Long Term Debt
At the option of Sempra, SDG&E and SoCalGas, certain debt at December 31, 2024 is callable subject to premiums:
CALLABLE LONG-TERM DEBT
(Dollars in millions)
 SDG&ESoCalGasOther
Sempra
Total
Sempra
Not subject to make-whole provisions$— $$6,687 $6,691 
Subject to make-whole provisions8,950 7,350 9,903 26,203