RECENT INVESTMENT ACTIVITY (Tables)

3 Months Ended

Sep. 30, 2014

Recent Investment Activity (Tables) [Abstract]

Schedule of Business Deconsolidation Table

DECONSOLIDATION OF SUBSIDIARIES
(Dollars in millions)
		Energía Sierra Juárez		Copper MountainSolar 3		Sempra Energy Consolidated
		At July 16		At March 13
2014:
Proceeds from sale, net of negligible transaction costs		$	26	$	68	$	94
Cash			(2)		(2)		(4)
Other current assets			(11)		―		(11)
Property, plant and equipment, net			(137)		(247)		(384)
Other assets			(16)		(11)		(27)
Accounts payable and accrued expenses			10		82		92
Due to affiliate			39		―		39
Long-term debt, including current portion			82		97		179
Other liabilities			7		3		10
Accumulated other comprehensive income			(5)		(2)		(7)
Gain on sale of equity interests			(19)		(27)		(46)
Equity method investments upon deconsolidation		$	(26)	$	(39)	$	(65)
		Mesquite Solar 1		Copper Mountain Solar 2		Sempra Energy Consolidated
		At September 19		At July 11
2013:
Proceeds from sale, net of transaction costs(1)		$	100	$	68	$	168
Property, plant and equipment, net			(461)		(266)		(727)
Other assets			(72)		(30)		(102)
Long-term debt, including current portion			297		146		443
Other liabilities			31		19		50
Gain on sale of equity interests			(36)		(4)		(40)
Equity method investments upon deconsolidation		$	(141)	$	(67)	$	(208)
(1)	Transaction costs were $3 million at both Mesquite Solar 1 and Copper Mountain Solar 2.

(Dollars in millions)
Property, plant and equipment, net		$	290
Inventories			3
Total assets held for sale			293
Liability held for sale - asset retirement obligation(1)			(6)
		$	287
(1)	Included in Other Current Liabilities on the Condensed Consolidated Balance Sheets.