BALANCE SHEETS - SCG - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 29	$ 1,565
Accounts receivable – trade, net	1,767	1,983
Accounts receivable – other, net	157	397
Due from unconsolidated affiliates	0	13
Inventories	561	559
Regulatory assets	761	60
Greenhouse gas allowances	203	217
Other current assets	262	380
Total current assets	34,837	5,285
Other assets:
Regulatory assets	3,868	3,937
Greenhouse gas allowances	1,221	845
Operating Lease, Right-of-Use Asset	1,262	1,177
Other long-term assets	1,300	1,749
Total other assets	27,030	29,433
Property, plant and equipment:
Property, plant and equipment	66,900	80,397
Less accumulated depreciation and amortization	(17,889)	(18,960)
Property, plant and equipment, net	49,011	61,437
Total assets	110,878	96,155
Current liabilities:
Short-term debt	4,166	2,016
Accounts payable – trade	1,461	2,238
Accounts payable – other	203	208
Accrued compensation and benefits	521	558
Regulatory liabilities	3	141
Current portion of long-term debt and finance leases	1,876	2,274
Greenhouse gas obligations	203	217
Total current liabilities	21,894	9,676
Long-term debt and finance leases	28,979	31,558
Deferred credits and other liabilities:
Regulatory liabilities	4,250	3,817
Greenhouse gas obligations	957	506
Pension and other postretirement benefit plan obligations, net of plan assets	124	168
Deferred income taxes	6,127	5,845
Asset retirement obligations	3,743	3,737
Deferred credits and other	2,805	2,708
Total deferred credits and other liabilities	18,006	17,133
Commitments and contingencies
Equity:
Common stock	14,699	13,520
Retained earnings	17,092	16,979
Accumulated other comprehensive income (loss)	(197)	(166)
Total shareholders’ equity	31,594	31,222
Total liabilities, contingently redeemable noncontrolling interest, and equity	110,878	96,155
Related Party
Current assets:
Due from unconsolidated affiliates	0	13
Current liabilities:
Other current liabilities	8	0
Nonrelated Party
Current liabilities:
Other current liabilities	979	1,251
SoCalGas
Current assets:
Cash and cash equivalents	14	12
Accounts receivable – trade, net	958	932
Accounts receivable – other, net	61	71
Due from unconsolidated affiliates	8	16
Inventories	294	287
Regulatory assets	328	42
Greenhouse gas allowances	175	176
Other current assets	91	71
Total current assets	1,929	1,607
Other assets:
Regulatory assets	1,888	1,844
Greenhouse gas allowances	935	526
Operating Lease, Right-of-Use Asset	68	18
Other long-term assets	738	609
Total other assets	3,629	2,997
Property, plant and equipment:
Property, plant and equipment	31,078	29,084
Less accumulated depreciation and amortization	(8,948)	(8,330)
Property, plant and equipment, net	22,130	20,754
Total assets	27,688	25,358
Current liabilities:
Short-term debt	903	1,037
Accounts payable – trade	727	752
Accounts payable – other	161	158
Accrued compensation and benefits	219	245
Regulatory liabilities	0	64
Current portion of long-term debt and finance leases	529	373
Greenhouse gas obligations	175	176
Asset retirement obligations	98	91
Total current liabilities	3,383	3,385
Long-term debt and finance leases	7,619	7,031
Deferred credits and other liabilities:
Regulatory liabilities	1,290	1,115
Greenhouse gas obligations	820	410
Pension and other postretirement benefit plan obligations, net of plan assets	18	45
Deferred income taxes	2,271	2,005
Asset retirement obligations	2,994	2,839
Deferred credits and other	457	367
Total deferred credits and other liabilities	7,850	6,781
Commitments and contingencies
Equity:
Preferred stock	22	22
Common stock	2,316	2,316
Retained earnings	6,515	5,850
Accumulated other comprehensive income (loss)	(17)	(27)
Total shareholders’ equity	8,836	8,161
Total liabilities, contingently redeemable noncontrolling interest, and equity	27,688	25,358
SoCalGas | Related Party
Current assets:
Due from unconsolidated affiliates	8	16
Current liabilities:
Other current liabilities	35	38
SoCalGas | Nonrelated Party
Current liabilities:
Other current liabilities	$ 536	$ 451