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<div style="font-size:12pt"><p>NOTE 6. DEBT AND CREDIT FACILITIES <br />Committed Lines of Credit<br />At December 31, 2009, Sempra Energy Consolidated had $4.3 billion in committed lines of credit to provide liquidity and to support commercial paper and variable-rate demand notes, the major components of which are detailed below. Available unused credit on these lines at December 31, 2009 was $3.6 billion.<br />These amounts exclude lines of credit associated with Sempra Commodities, some of which we continue to guarantee, as we discuss below in "RBS Sempra Commodities." RBS has replaced Sempra Energy as guarantor on all uncommitted lines of credit associated with Sempra Commodities. To the extent that Sempra Energy's credit support arrangements, including Sempra Commodities' committed facilities, have not been terminated or replaced, RBS has indemnified Sempra Energy for any claims or losses arising in connection with those arrangements.<br />Sempra Energy<br />Sempra Energy has a $1 billion, three-year syndicated revolving credit agreement expiring in 2011. Citibank, N.A. serves as administrative agent for the syndicate of 17 lenders. No single bank has greater than an 11-percent share. <br />Borrowings bear interest at benchmark rates plus a margin that varies with market index rates and Sempra Energy's credit ratings. The facility requires Sempra Energy to maintain a ratio of total indebtedness to total capitalization (as defined in the agreement) of no more than 65 percent at the end of each quarter. The actual ratio at December 31, 2009, calculated as defined in the agreement, was 48.1 percent.<br />At December 31, 2009, Sempra Energy had no outstanding borrowings under the facility. <br />Sempra Global<br />Sempra Global has a $2.5 billion, three-year syndicated revolving credit agreement expiring in 2011. Citibank, N.A. serves as administrative agent for the syndicate of 18 lenders. No single bank has greater than an 11-percent share. The facility also provides for issuance of up to $300 million of letters of credit on behalf of Sempra Global with the amount of borrowings otherwise available under the facility reduced by the amount of outstanding letters of credit.<br />Sempra Energy guarantees Sempra Global’s obligations under the credit facility. Borrowings bear interest at benchmark rates plus a margin that varies with market index rates and Sempra Energy’s credit ratings. The facility requires Sempra Energy to maintain a ratio of total indebtedness to total capitalization (as defined in the agreement) of no more than 65 percent at the end of each quarter. <br />At December 31, 2009, Sempra Global had letters of credit of $7 million outstanding and no outstanding borrowings under the facility. The facility provides support for $460 million of commercial paper outstanding at December 31, 2009. At December 31, 2008, $600 million of the $1.1 billion commercial paper outstanding under this facility was classified as long-term debt based on management's intent and ability to maintain this level of borrowing on a long-term basis either supported by this credit facility or by issuing long-term debt. The classification had no impact on cash flows. <br />Sempra Utilities<br />SDG&E and SoCalGas have a combined $800 million, three-year syndicated revolving credit agreement expiring in 2011. JPMorgan Chase Bank serves as administrative agent for the syndicate of 17 lenders. No single bank has greater than a 10-percent share. The agreement permits each utility to individually borrow up to $600 million, subject to a combined limit of $800 million for both utilities. It also provides for the issuance of letters of credit on behalf of each utility subject to a combined letter of credit commitment of $200 million for both utilities. The amount of borrowings otherwise available under the facility is reduced by the amount of outstanding letters of credit. <br />Borrowings under the facility bear interest at benchmark rates plus a margin that varies with market index rates and the borrowing utility's credit rating. The agreement requires each utility to maintain a ratio of total indebtedness to total capitalization (as defined in the agreement) of no more than 65 percent at the end of each quarter. The actual ratios for SDG&E and SoCalGas at December 31, 2009, calculated as defined in the agreement, were 48.8 percent and 42.3 percent, respectively. <br />Each utility’s obligations under the agreement are individual obligations, and a default by one utility would not constitute a default by the other utility or preclude borrowings by, or the issuance of letters of credit on behalf of, the other utility.<br />At December 31, 2009, SDG&E and SoCalGas had no outstanding borrowings under this facility. SDG&E had $25 million of outstanding letters of credit and $237 million of variable-rate demand notes outstanding supported by this facility at December 31, 2009. Available unused credit on these lines at December 31, 2009 was $338 million at SDG&E and $538 million at SoCalGas; SoCalGas' availability reflects the impact of SDG&E's use of the combined credit available on the line.<br /></p><p>Weighted Average Interest Rates<br />The weighted average interest rate on the total short-term debt outstanding at Sempra Energy was 0.79 percent at December 31, 2009. The weighted average interest rate on the total short-term debt outstanding at Sempra Energy, including commercial paper borrowings classified as long-term, was 4.985 percent at December 31, 2008.<br />Long-Term Debt<br />The following tables show the detail and maturities of long-term debt outstanding:</p><table style="border-collapse: collapse; margin-top: 20px;"><tr><td width="635" align="left" colspan="6" style="border-top: 1px solid #000000;" height="19"><b>LONG-TERM DEBT</b></td></tr><tr><td width="635" align="left" height="19" colspan="6"><i>(Dollars in millions)</i></td></tr><tr><td height="14" width="23" align="left"> </td><td height="14" width="438" align="left"> </td><td width="174" align="center" colspan="4" style="border-bottom: 1px solid #000000;" height="14">December 31,</td></tr><tr><td height="14" style="border-bottom: 1px solid #000000;" align="left" width="23"> </td><td height="14" style="border-bottom: 1px solid #000000;" align="left" width="438"> </td><td width="87" align="center" colspan="2" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" height="14">2009 </td><td width="87" align="center" colspan="2" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" height="14">2008 </td></tr><tr><td width="461" align="left" colspan="2" style="border-top: 1px solid #000000;" height="16"><b>SDG&E</b></td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="center" width="61"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="center" width="61"> </td></tr><tr><td width="461" align="left" height="16" colspan="2">First mortgage bonds:</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">6.8% June 1, 2015</td><td height="16" width="26" align="left">$</td><td height="16" width="61" align="right"> 14 </td><td height="16" width="26" align="left">$</td><td height="16" width="61" align="right"> 14 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.3% November 15, 2015</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">Variable rate (0.25% at December 31, 2009) July, 1 2018(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 161 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 161 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.85% June 1, 2021(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 60 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 60 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">6% June 1, 2026</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5% to 5.25% December 1, 2027(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 150 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 150 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.875% January and February 2034(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 176 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 176 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.35% May 15, 2035</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">6.125% September 15, 2037</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">6% June 1, 2039</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 300 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> - </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">Variable rate (0.20% at December 31, 2009) May 1, 2039(1)</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> 75 </td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> 75 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 1,936 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 1,636 </td></tr><tr><td width="461" align="left" height="16" colspan="2">Other long-term debt (unsecured unless otherwise noted):</td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="61"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="61"> </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.9% June 1, 2014</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 130 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 130 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.3% July 1, 2021(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 39 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 39 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.5% December 1, 2021(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 60 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 60 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">4.9% March 1, 2023(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 25 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 25 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">OMEC LLC loan at variable rates (1.75% at December 31, 2009) </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">    payable 2010 through April 2019 (secured by project assets) </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 375 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 256 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">Orange Grove Energy L.P. project financing at variable rates </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">    (4.37% at December 31, 2009) June 30, 2010 (secured by project assets)(2)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 87 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> - </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">Capital lease obligations</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> 20 </td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> - </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 736 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 510 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="right" width="61"> 2,672 </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="right" width="61"> 2,146 </td></tr><tr><td width="461" align="left" height="16" colspan="2">Current portion of long-term debt</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> (45)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> (2)</td></tr><tr><td width="461" align="left" height="16" colspan="2">Unamortized discount on long-term debt</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> (4)</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> (2)</td></tr><tr><td width="461" align="left" height="16" colspan="2">Total SDG&E</td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 2,623 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 2,142 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="61"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="61"> </td></tr><tr><td width="461" align="left" height="16" colspan="2"><b>SoCalGas</b></td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="center"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="center"> </td></tr><tr><td width="461" align="left" height="16" colspan="2">First mortgage bonds:</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">4.375% January 15, 2011</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 100 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 100 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">Variable rates after fixed-to-floating rate swaps (0.28% at December 31, 2009)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">    January 15, 2011</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 150 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 150 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">4.8% October 1, 2012</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.5% March 15, 2014</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.45% April 15, 2018</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">5.75% November 15, 2035</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left">Variable rate December 1, 2009</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61">-</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> 100 </td></tr><tr><td height="16" width="23" align="left"> </td><td height="16" width="438" align="left"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 1,250 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 1,350 </td></tr><tr><td width="461" align="left" height="17" colspan="2">Other long-term debt (unsecured):</td><td height="17" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="61"> </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="61"> </td></tr><tr><td height="17" width="23" align="left"> </td><td height="17" width="438" align="left">4.75% May 14, 2016(1)</td><td height="17" width="26" align="left"> </td><td height="17" width="61" align="right"> 8 </td><td height="17" width="26" align="left"> </td><td height="17" width="61" align="right"> 8 </td></tr><tr><td height="17" width="23" align="left"> </td><td height="17" width="438" align="left">5.67% January 18, 2028</td><td height="17" width="26" align="left"> </td><td height="17" width="61" align="right"> 5 </td><td height="17" width="26" align="left"> </td><td height="17" width="61" align="right"> 5 </td></tr><tr><td height="17" width="23" align="left"> </td><td height="17" width="438" align="left">Capital lease obligations</td><td height="17" width="26" align="left"> </td><td height="17" width="61" align="right"> 26 </td><td height="17" width="26" align="left"> </td><td height="17" width="61" align="right"> - </td></tr><tr><td width="461" align="left" height="17" colspan="2">Market value adjustments for interest rate swap, net (expires January 18, 2011)</td><td height="17" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-bottom: 1px solid #000000;" align="right" width="61"> 7 </td><td height="17" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-bottom: 1px solid #000000;" align="right" width="61"> 9 </td></tr><tr><td height="17" width="23" align="left"> </td><td height="17" width="438" align="left"> </td><td height="17" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 46 </td><td height="17" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 22 </td></tr><tr><td height="17" width="23" align="left"> </td><td height="17" width="438" align="left"> </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-top: 1px solid #000000;" align="right" width="61"> 1,296 </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-top: 1px solid #000000;" align="right" width="61"> 1,372 </td></tr><tr><td width="461" align="left" height="17" colspan="2">Current portion of long-term debt</td><td height="17" width="26" align="left"> </td><td height="17" width="61" align="right"> (11)</td><td height="17" width="26" align="left"> </td><td height="17" width="61" align="right"> (100)</td></tr><tr><td width="461" align="left" height="17" colspan="2">Unamortized discount on long-term debt</td><td height="17" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-bottom: 1px solid #000000;" align="right" width="61"> (2)</td><td height="17" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-bottom: 1px solid #000000;" align="right" width="61"> (2)</td></tr><tr><td width="461" align="left" height="17" colspan="2">Total SoCalGas</td><td height="17" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 1,283 </td><td height="17" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="17" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 1,270 </td></tr></table><table style="border-collapse: collapse; margin-top: 20px;"><tr><td width="656" align="left" colspan="6" style="border-top: 1px solid #000000;" height="19"><b>LONG-TERM DEBT (Continued)</b></td></tr><tr><td width="656" align="left" height="19" colspan="6"><i>(Dollars in millions)</i></td></tr><tr><td height="14" width="33" align="left"> </td><td height="14" width="449" align="left"> </td><td width="174" align="center" colspan="4" style="border-bottom: 1px solid #000000;" height="14">December 31,</td></tr><tr><td height="14" style="border-bottom: 1px solid #000000;" align="left" width="33"> </td><td height="14" style="border-bottom: 1px solid #000000;" align="left" width="449"> </td><td width="87" align="center" colspan="2" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" height="14">2009 </td><td width="87" align="center" colspan="2" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" height="14">2008 </td></tr><tr><td width="482" align="left" colspan="2" style="border-top: 1px solid #000000;" height="16"><b>Other Sempra Energy</b></td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="center" width="61"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="center" width="61"> </td></tr><tr><td width="482" align="left" height="16" colspan="2">First mortgage bonds:</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">6.9% payable 2010 through 2017</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 8 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 8 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">8.75% payable 2010 through 2022</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 8 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 9 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">7.48% payable 2010 through 2023</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> 6 </td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> 7 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 22 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 24 </td></tr><tr><td width="482" align="left" height="16" colspan="2">Other long-term debt (unsecured unless otherwise noted):</td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="61"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="61"> </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">Commercial paper borrowings at variable rates, classified as long-term debt</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> - </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 600 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">6.5% Notes June 1, 2016</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 750 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> - </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">6% Notes October 15, 2039</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 750 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> - </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">9.8% Notes February 15, 2019</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 500 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 500 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">6.15% Notes June 15, 2018</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 500 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 500 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">6% Notes February 1, 2013</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 400 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 400 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">Notes at variable rates after fixed-to-floating swap (3.71% at December 31, 2009)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">    March 1, 2010</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 300 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 300 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">8.9% Notes November 15, 2013</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 250 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">7.95% Notes March 1, 2010</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 200 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 200 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">6.3% Notes December 31, 2021(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 128 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 128 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">4.5% Notes July 1, 2024(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 75 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> - </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">Employee Stock Ownership Plan</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">    Bonds at 5.781% (fixed rate to July 1, 2010) November 1, 2014(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 50 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 50 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">    Bonds at variable rates (1.4% at December 31, 2009) November 1, 2014(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 7 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 22 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">Notes at 2.87% to 5.05% payable 2010 through 2013(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 50 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 58 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">Industrial development bonds at variable rates (1.5% at December 31, 2009)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">    August 1, 2037, secured(1)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 55 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 55 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">8.45% Notes payable 2010 through 2017, secured</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 36 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 39 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">Debt incurred to acquire limited partnerships, secured by real estate,</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="left"> </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">    8.05% January 15, 2009</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right">-</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 2 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">4.75% Notes May 15, 2009</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right">-</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 300 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">Other debt</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 2 </td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> 1 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left">Market value adjustments for interest rate swap, net (expiring March 1, 2010)</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> 7 </td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> 15 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 4,060 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 3,420 </td></tr><tr><td height="16" width="33" align="left"> </td><td height="16" width="449" align="left"> </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="right" width="61"> 4,082 </td><td height="16" style="border-top: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;" align="right" width="61"> 3,444 </td></tr><tr><td width="482" align="left" height="16" colspan="2">Current portion of long-term debt</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> (517)</td><td height="16" width="26" align="left"> </td><td height="16" width="61" align="right"> (308)</td></tr><tr><td width="482" align="left" height="16" colspan="2">Unamortized discount on long-term debt</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> (11)</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="61"> (4)</td></tr><tr><td width="482" align="left" height="16" colspan="2">Total other Sempra Energy</td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 3,554 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="left" width="26"> </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 1px solid #000000;" align="right" width="61"> 3,132 </td></tr><tr><td width="482" align="left" colspan="2" style="border-bottom: 3px solid #000000;" height="18"><b>Total Sempra Energy Consolidated</b></td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="26">$</td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="61"> 7,460 </td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="26">$</td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="61"> 6,544 </td></tr><tr><td height="18" style="border-top: 3px solid #000000;" align="left" width="33"><i>(1)</i></td><td width="623" align="left" colspan="5" style="border-top: 3px solid #000000;" height="18"><i>Callable long-term debt.</i></td></tr><tr><td height="17" width="33" align="right"><i>(2)</i></td><td width="623" align="left" height="17" colspan="5"><i>This credit facility will convert to a long-term loan maturing in June 2035.</i></td></tr></table><table style="border-collapse: collapse; margin-top: 20px;"><tr><td width="527" align="left" colspan="9" style="border-top: 1px solid #000000;" height="17"><b>MATURITIES OF LONG-TERM DEBT(1)</b></td></tr><tr><td width="527" align="left" height="17" colspan="9"><i>(Dollars in millions)</i></td></tr><tr><td height="14" width="183" align="left"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2">Total</td></tr><tr><td height="14" width="183" align="left"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2">Other</td><td width="86" align="center" height="14" colspan="2">Sempra</td></tr><tr><td height="14" width="183" align="left"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2">Sempra</td><td width="86" align="center" height="14" colspan="2">Energy</td></tr><tr><td height="14" style="border-bottom: 1px solid #000000;" align="left" width="183"> </td><td width="86" align="center" colspan="2" style="border-bottom: 1px solid #000000;" height="14">SDG&E</td><td width="86" align="center" colspan="2" style="border-bottom: 1px solid #000000;" height="14">SoCalGas</td><td width="86" align="center" colspan="2" style="border-bottom: 1px solid #000000;" height="14">Energy</td><td width="86" align="center" colspan="2" style="border-bottom: 1px solid #000000;" height="14">Consolidated</td></tr><tr><td height="17" style="border-top: 1px solid #000000;" align="right" width="183">2010 </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="22">$</td><td height="17" style="border-top: 1px solid #000000;" align="right" width="64"> 40 </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="22">$</td><td height="17" style="border-top: 1px solid #000000;" align="right" width="64"> - </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="22">$</td><td height="17" style="border-top: 1px solid #000000;" align="right" width="64"> 510 </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="22">$</td><td height="17" style="border-top: 1px solid #000000;" align="right" width="64"> 550 </td></tr><tr><td height="17" width="183" align="right">2011 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 11 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 250 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 30 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 291 </td></tr><tr><td height="17" width="183" align="right">2012 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 11 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 250 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 13 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 274 </td></tr><tr><td height="17" width="183" align="right">2013 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 11 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> - </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 672 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 683 </td></tr><tr><td height="17" width="183" align="right">2014 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 141 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 250 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 64 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 455 </td></tr><tr><td height="17" width="183" align="left">Thereafter</td><td height="17" style="border-bottom: 1px solid #000000;" align="left" width="22"> </td><td height="17" style="border-bottom: 1px solid #000000;" align="right" width="64"> 2,438 </td><td height="17" style="border-bottom: 1px solid #000000;" align="left" width="22"> </td><td height="17" style="border-bottom: 1px solid #000000;" align="right" width="64"> 513 </td><td height="17" style="border-bottom: 1px solid #000000;" align="left" width="22"> </td><td height="17" style="border-bottom: 1px solid #000000;" align="right" width="64"> 2,786 </td><td height="17" style="border-bottom: 1px solid #000000;" align="left" width="22"> </td><td height="17" style="border-bottom: 1px solid #000000;" align="right" width="64"> 5,737 </td></tr><tr><td height="18" style="border-bottom: 3px solid #000000;" align="left" width="183">Total</td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="22">$</td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="64"> 2,652 </td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="22">$</td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="64"> 1,263 </td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="22">$</td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="64"> 4,075 </td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="22">$</td><td height="18" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="64"> 7,990 </td></tr><tr><td width="527" align="left" colspan="9" style="border-top: 3px solid #000000;" height="18"><i>(1) Excludes capital lease obligations and market value adjustments for interest rate swaps.</i></td></tr></table><p>Various long-term obligations totaling $4.2 billion at Sempra Energy at December 31, 2009 are unsecured. This includes unsecured long-term obligations totaling $254 million at SDG&E and $13 million at SoCalGas.<br />In May 2009, Sempra Energy publicly offered and sold $750 million of 6.5-percent notes, maturing in 2016. In October 2009, Sempra Energy publicly offered and sold $750 million of 6.0-percent notes, maturing in 2039.<br />callable long-term debt<br />At the option of Sempra Energy, SDG&E and SoCalGas, certain debt is callable subject to premiums at various dates:<br /></p><table style="border-collapse: collapse; margin-top: 20px;"><tr><td width="629" align="left" colspan="9" style="border-top: 1px solid #000000;" height="17"><b>CALLABLE LONG-TERM DEBT</b></td></tr><tr><td width="629" align="left" height="17" colspan="9"><i>(Dollars in millions)</i></td></tr><tr><td height="14" width="285" align="left"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2">Total</td></tr><tr><td height="14" width="285" align="left"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2">Other</td><td width="86" align="center" height="14" colspan="2">Sempra</td></tr><tr><td height="14" width="285" align="left"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2"> </td><td width="86" align="center" height="14" colspan="2">Sempra</td><td width="86" align="center" height="14" colspan="2">Energy</td></tr><tr><td height="14" style="border-bottom: 1px solid #000000;" align="left" width="285"> </td><td width="86" align="center" colspan="2" style="border-bottom: 1px solid #000000;" height="14">SDG&E</td><td width="86" align="center" colspan="2" style="border-bottom: 1px solid #000000;" height="14">SoCalGas</td><td width="86" align="center" colspan="2" style="border-bottom: 1px solid #000000;" height="14">Energy</td><td width="86" align="center" colspan="2" style="border-bottom: 1px solid #000000;" height="14">Consolidated</td></tr><tr><td height="17" style="border-top: 1px solid #000000;" align="right" width="285">2010 </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="22">$</td><td height="17" style="border-top: 1px solid #000000;" align="right" width="64"> 221 </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="22">$</td><td height="17" style="border-top: 1px solid #000000;" align="right" width="64"> - </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="22">$</td><td height="17" style="border-top: 1px solid #000000;" align="right" width="64"> 365 </td><td height="17" style="border-top: 1px solid #000000;" align="left" width="22">$</td><td height="17" style="border-top: 1px solid #000000;" align="right" width="64"> 586 </td></tr><tr><td height="17" width="285" align="right">2013 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 45 </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> - </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> - </td><td height="17" width="22" align="left"> </td><td height="17" width="64" align="right"> 45 </td></tr><tr><td height="16" width="285" align="right">2014 </td><td height="16" width="22" align="left"> </td><td height="16" width="64" align="right"> 124 </td><td height="16" width="22" align="left"> </td><td height="16" width="64" align="right"> - </td><td height="16" width="22" align="left"> </td><td height="16" width="64" align="right"> - </td><td height="16" width="22" align="left"> </td><td height="16" width="64" align="right"> 124 </td></tr><tr><td height="16" width="285" align="left">after 2014</td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="22"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="64"> 356 </td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="22"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="64"> 8 </td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="22"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="64"> - </td><td height="16" style="border-bottom: 1px solid #000000;" align="left" width="22"> </td><td height="16" style="border-bottom: 1px solid #000000;" align="right" width="64"> 364 </td></tr><tr><td height="16" width="285" align="left">Total</td><td height="16" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="22">$</td><td height="16" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="64"> 746 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="22">$</td><td height="16" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="64"> 8 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="22">$</td><td height="16" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="64"> 365 </td><td height="16" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="left" width="22">$</td><td height="16" style="border-top: 1px solid #000000;border-bottom: 3px solid #000000;" align="right" width="64"> 1,119 </td></tr><tr><td height="16" style="border-bottom: 3px solid #C0C0C0;" align="left" width="285">Callable bonds subject to make-whole provisions</td><td height="16" style="border-top: 3px solid #000000;border-bottom: 3px solid #C0C0C0;" align="left" width="22">$</td><td height="16" style="border-top: 3px solid #000000;border-bottom: 3px solid #C0C0C0;" align="right" width="64"> 1,300 </td><td height="16" style="border-top: 3px solid #000000;border-bottom: 3px solid #C0C0C0;" align="left" width="22">$</td><td height="16" style="border-top: 3px solid #000000;border-bottom: 3px solid #C0C0C0;" align="right" width="64"> 1,250 </td><td height="16" style="border-top: 3px solid #000000;border-bottom: 3px solid #C0C0C0;" align="left" width="22">$</td><td height="16" style="border-top: 3px solid #000000;border-bottom: 3px solid #C0C0C0;" align="right" width="64"> 3,708 </td><td height="16" style="border-top: 3px solid #000000;border-bottom: 3px solid #C0C0C0;" align="left" width="22">$</td><td height="16" style="border-top: 3px solid #000000;border-bottom: 3px solid #C0C0C0;" align="right" width="64"> 6,258 </td></tr></table><p>In addition, the OMEC LLC project financing loan and the Orange Grove Energy L.P. project financing loan, discussed in Note 1, with $375 million and $87 million, respectively, of borrowings at December 31, 2009, may be prepaid at the borrowers' option. <br />First Mortgage Bonds <br />The Sempra Utilities issue first mortgage bonds which are secured by a lien on utility plant. The Sempra Utilities may issue additional first mortgage bonds upon compliance with the provisions of their bond agreements (indentures). These indentures require, among other things, the satisfaction of pro forma earnings-coverage tests on first mortgage bond interest and the availability of sufficient mortgaged property to support the additional bonds, after giving effect to prior bond redemptions. The most restrictive of these tests (the property test) would permit the issuance, subject to CPUC authorization, of an additional $3.3 billion of first mortgage bonds at SDG&E and $536 million at SoCalGas at December 31, 2009. <br />In May 2009, SDG&E publicly offered and sold $300 million of 6.0-percent first mortgage bonds, maturing in 2039.<br />Industrial development bonds<br />SDG&E<br />During 2008, Sempra Energy purchased $413 million of industrial development bonds, net of sales and purchases with SDG&E as the cash flow needs of each entity changed. SDG&E purchased $488 million of the bonds during 2008, and sold $228 million to Sempra Energy during 2008. The bonds were initially issued as insured, auction-rate securities, the proceeds of which were loaned to SDG&E, and are repaid with payments on SDG&E first mortgage bonds that have terms corresponding to those of the industrial development bonds that they secure.<br />In December 2008, SDG&E remarketed $237 million of these industrial development bonds. These included $75 million remarketed at an initial daily floating rate of 0.65 percent (maturing in 2039), and $161 million initially remarketed for a three-month term at a rate of 1.00 percent (maturing in 2018). Beginning in March 2009, the interest rate on the $161 million series is reset on a weekly basis. <br />The remaining industrial development bonds, $24 million held by SDG&E and $152 million held by Sempra Energy, were classified as available-for-sale securities and included in Short-term Investments on the Consolidated Balance Sheets at December 31, 2008. <br />In June 2009, SDG&E remarketed the remaining $176 million of these bonds at a fixed rate of 5.875 percent, maturing in 2034. Prior to SDG&E's remarketing of the remaining bonds in 2009, SDG&E purchased $152 million of the bonds from Sempra Energy.<br />Sempra Pipelines & Storage<br />In July 2009, to secure an approved exemption from sales and use tax, Sempra Pipelines & Storage incurred $75 million out of a maximum available $265 million of long-term debt related to the construction and equipping of its Mississippi Hub Gas Storage facility. The debt is payable to the Mississippi Business Finance Corporation (MBFC), and we recorded bonds receivable from the MBFC for the same amount. Both the financing obligation and the bonds receivable have interest rates of 4.5 percent and are due on July 1, 2024.<br />In 2006, in order to reduce its property tax, Sempra Pipelines & Storage incurred $128 million of long-term debt related to the development of its Liberty Gas Storage (Liberty) facility in Calcasieu Parish, Louisiana. The debt is payable to the Calcasieu Parish Industrial Development Board. Related to the debt, we recorded bonds receivable from the Industrial Development Board for the same amount. Both the financing obligation and the bonds receivable have interest rates of 6.3 percent and are due on December 31, 2021. <br />Debt of Employee Stock Ownership Plan (ESOP) and Trust (Trust) <br />The ESOP covers substantially all Sempra Energy employees, including those of SDG&E and SoCalGas. The Trust is used to fund part of the retirement savings plan described in Note 9. The notes of the ESOP are payable by the Trust and mature in 2014. <br />In July 2007, $50 million of these notes was repriced at an interest rate of 5.781 percent for a three-year term ending July 1, 2010. The remaining $7 million of the notes is repriced weekly and subject to repurchase at our option. ESOP debt was paid down by a total of $35 million during the last three years when 815,593 shares of Sempra Energy common stock were released from the Trust in order to fund employer contributions to the Sempra Energy savings plan trust. Interest on the ESOP debt amounted to $3 million in 2009 and $4 million in each of 2008 and 2007. Dividends used for debt service amounted to $2 million in each of 2009, 2008 and 2007. <br /></p></div>
NOTE 6. DEBT AND CREDIT FACILITIES Committed Lines of CreditAt December 31, 2009, Sempra Energy Consolidated had $4.3 billion in committed lines of credit to
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