EX-99.2 3 ex99_2q32022earningstablef.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 September 30, 2022SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$1,569 $1,385 $— $697 $(34)$3,617 
Cost of sales and other expenses(917)(1,093)(1)(525)16 (2,520)
Aliso Canyon litigation and regulatory matters— (122)— — — (122)
Depreciation and amortization(247)(190)— (67)(2)(506)
Other income (expense), net12 (43)— (14)(40)
Income (loss) before interest and tax(1)
417 (63)(1)110 (34)429 
Net interest expense(111)(47)— (32)(74)(264)
Income tax (expense) benefit(35)28 (1)(58)45 (21)
Equity earnings— — 258 159 — 417 
Earnings attributable to noncontrolling interests— — — (65)— (65)
Preferred dividends— — — — (11)(11)
Earnings (losses) attributable to common shares$271 $(82)$256 $114 $(74)$485 

Three months ended September 30, 2021SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$1,464 $1,106 $— $479 $(36)$3,013 
Cost of sales and other expenses(843)(840)(1)(374)20 (2,038)
Aliso Canyon litigation and regulatory matters— (1,571)— — — (1,571)
Depreciation and amortization(226)(180)— (63)(2)(471)
Other income (expense), net(39)— (17)(3)(55)
Income (loss) before interest and tax(1)
399 (1,524)(1)25 (21)(1,122)
Net interest expense(104)(39)— (27)(73)(243)
Income tax (expense) benefit(90)437 — (13)342 
Equity earnings— — 207 184 — 391 
Earnings attributable to noncontrolling interests— — — (5)— (5)
Preferred dividends— — — — (11)(11)
Earnings (losses) attributable to common shares$205 $(1,126)$206 $164 $(97)$(648)
(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)
Nine months ended September 30, 2022
SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$4,413 $4,879 $— $1,810 $(118)$10,984 
Cost of sales and other expenses(2,599)(3,504)(4)(1,257)74 (7,290)
Aliso Canyon litigation and regulatory matters— (259)— — — (259)
Depreciation and amortization(730)(565)— (199)(6)(1,500)
Other income (expense), net68 (5)— (4)(62)(3)
Income (loss) before interest and tax(1)
1,152 546 (4)350 (112)1,932 
Net interest expense(330)(131)— (61)(216)(738)
Income tax (expense) benefit(141)(75)(1)(219)(435)
Equity earnings— — 609 509 — 1,118 
Earnings attributable to noncontrolling interests— — — (187)— (187)
Preferred dividends— (1)— — (33)(34)
Earnings (losses) attributable to common shares$681 $339 $604 $392 $(360)$1,656 
Nine months ended September 30, 2021SDG&ESoCalGasSempra Texas UtilitiesSempra InfrastructureConsolidating Adjustments, Parent & OtherTotal
Revenues$4,119 $3,738 $— $1,269 $(113)$9,013 
Cost of sales and other expenses(2,444)(2,473)(4)(850)63 (5,708)
Aliso Canyon litigation and regulatory matters— (1,571)— — — (1,571)
Depreciation and amortization(659)(533)— (176)(8)(1,376)
Other income (expense), net61 (2)— (28)21 52 
Income (loss) before interest and tax(1)
1,077 (841)(4)215 (37)410 
Net interest expense(306)(118)— (72)(230)(726)
Income tax (expense) benefit(168)335 — (164)42 45 
Equity earnings— — 483 489 50 1,022 
(Earnings) losses attributable to noncontrolling interests— — — (49)(48)
Preferred dividends— (1)— — (52)(53)
Earnings (losses) attributable to common shares$603 $(625)$479 $419 $(226)$650 
(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.