EX-99.2 3 ex99_2q22022earningstablef.htm EX-99.2 Document
Exhibit 99.2

         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Three months ended June 30, 2022SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$1,399 $1,501 $— $689 $(42)$3,547 
Cost of sales and other expenses(846)(1,121)(1)(453)41 (2,380)
Aliso Canyon litigation and regulatory matters— (45)— — — (45)
Depreciation and amortization(244)(188)— (67)(2)(501)
Other income (expense), net22 — (34)(1)
Income (loss) before interest and tax(1)
331 151 (1)176 (37)620 
Net interest expense(113)(44)— (23)(76)(256)
Income tax (expense) benefit(42)(19)— (70)51 (80)
Equity earnings— — 187 188 — 375 
Earnings attributable to noncontrolling interests— — — (88)— (88)
Preferred dividends— (1)— — (11)(12)
Earnings (losses) attributable to common shares$176 $87 $186 $183 $(73)$559 

Three months ended June 30, 2021SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$1,318 $1,124 $— $341 $(42)$2,741 
Cost of sales and other expenses(800)(799)(1)(256)30 (1,826)
Depreciation and amortization(220)(180)— (59)(4)(463)
Other income (expense), net22 (2)— 33 19 72 
Income (loss) before interest and tax(1)
320 143 (1)59 524 
Net interest expense(101)(40)— (25)(77)(243)
Income tax expense(33)(8)— (94)(4)(139)
Equity earnings— — 139 124 50 313 
(Earnings) losses attributable to noncontrolling interests— — — (11)(10)
Preferred dividends— (1)— — (20)(21)
Earnings (losses) attributable to common shares$186 $94 $138 $53 $(47)$424 
(1)     Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.




         SEMPRA ENERGY
           Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Six months ended June 30, 2022
SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$2,844 $3,494 $— $1,113 $(84)$7,367 
Cost of sales and other expenses(1,682)(2,411)(3)(732)58 (4,770)
Aliso Canyon litigation and regulatory matters— (137)— — — (137)
Depreciation and amortization(483)(375)— (132)(4)(994)
Other income (expense), net56 38 — (9)(48)37 
Income (loss) before interest and tax(1)
735 609 (3)240 (78)1,503 
Net interest expense(219)(84)— (29)(142)(474)
Income tax expense(106)(103)— (161)(44)(414)
Equity earnings— — 351 350 — 701 
Earnings attributable to noncontrolling interests— — — (122)— (122)
Preferred dividends— (1)— — (22)(23)
Earnings (losses) attributable to common shares$410 $421 $348 $278 $(286)$1,171 
Six months ended June 30, 2021SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$2,655 $2,632 $— $790 $(77)$6,000 
Cost of sales and other expenses(1,601)(1,633)(3)(476)43 (3,670)
Depreciation and amortization(433)(353)— (113)(6)(905)
Other income (expense), net57 37 — (11)24 107 
Income (loss) before interest and tax(1)
678 683 (3)190 (16)1,532 
Net interest expense(202)(79)— (45)(157)(483)
Income tax (expense) benefit(78)(102)— (151)34 (297)
Equity earnings— — 276 305 50 631 
(Earnings) losses attributable to noncontrolling interests— — — (44)(43)
Preferred dividends— (1)— — (41)(42)
Earnings (losses) attributable to common shares$398 $501 $273 $255 $(129)$1,298 
(1)     Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations.