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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Commodity Derivative Volumes Table
The following table summarizes net energy derivative volumes.
NET ENERGY DERIVATIVE VOLUMES
(Quantities in millions)
 December 31,
CommodityUnit of measure20252024
Sempra:
Natural gas(1)
MMBtu336 637 
Congestion revenue rightsMWh18 27 
SDG&E:
Natural gasMMBtu14 16 
Congestion revenue rightsMWh18 27 
SoCalGas:
Natural gasMMBtu322 347 
(1)    At December 31, 2025, excludes 1,016 related to the disposal group that is classified as held for sale.
Notional Amounts Of Interest Rate Derivatives Table
The following table presents the notional amounts of our interest rate derivatives, excluding those in our equity method investments.
INTEREST RATE DERIVATIVES
(Dollars in millions)
December 31, 2024
 Notional amountMaturities
Sempra:  
Cash flow hedges(1)
$271 2025-2034
Undesignated derivatives(2)(3)
3,189 2025-2048
(1)    At December 31, 2025, excludes a notional amount of $244 with maturities of 2026-2034 related to the disposal group that is classified as held for sale.
(2)    At December 31, 2025, excludes a notional amount of $3,189 with maturities of 2026-2048 related to the disposal group that is classified as held for sale. These undesignated derivatives accrued interest based on a notional amount of $2,286.
(3)    At December 31, 2024, undesignated derivatives accrued interest based on a notional amount of $1,598.
The following table presents the notional amounts of our foreign currency derivatives, excluding those in our equity method investments.
FOREIGN CURRENCY DERIVATIVES
(Dollars in millions)
 December 31, 2024
Notional amountMaturities
Sempra:  
Foreign currency derivatives(1)
$162 2025-2026
(1)    At December 31, 2025, excludes a notional amount of $172 with maturities of 2026-2027 related to the disposal group that is classified as held for sale.
Derivative Instruments on the Consolidated Balance Sheet Table The following tables provide the fair values of derivative instruments on the Consolidated Balance Sheets, including the amount of cash collateral receivables that were not offset because the cash collateral was in excess of liability positions. We discuss the fair value of derivative assets and liabilities in Note 11.
DERIVATIVE INSTRUMENTS ON THE CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
 December 31, 2025
Current assetsCurrent liabilities
 Other current assetsAssets
held for sale		Other long-term assets
Other current
liabilities
Liabilities held for saleDeferred credits and other
Sempra:    
Derivatives designated as hedging instruments:    
Interest rate instruments$25 $— 
Foreign exchange instruments— (8)
Derivatives not designated as hedging instruments:    
Interest rate instruments242 — 
Commodity contracts not subject to rate recovery9 (66)
Associated offsetting commodity contracts(5)5 
Commodity contracts subject to rate recovery$25 $11 $(134)$(10)
Associated offsetting commodity contracts(4)(2)4 2 
Associated offsetting cash collateral— — 68 4 
Net amounts presented on the balance sheet21 271 9 (62)(69)(4)
Additional cash collateral for commodity contracts
not subject to rate recovery
38 — 
Additional cash collateral for commodity contracts
subject to rate recovery
23 — — — 
Total$44 $309 $9 $(62)$(69)$(4)
SDG&E:    
Derivatives not designated as hedging instruments:    
Commodity contracts subject to rate recovery$4 $8 $(12)$(5)
Associated offsetting commodity contracts— (1)— 1 
Associated offsetting cash collateral— — 12 4 
Net amounts presented on the balance sheet4 7 — — 
Additional cash collateral for commodity contracts
subject to rate recovery
13 — — — 
Total$17 $7 $— $— 
SoCalGas:    
Derivatives not designated as hedging instruments:    
Commodity contracts subject to rate recovery$21 $3 $(122)$(5)
Associated offsetting commodity contracts(4)(1)4 1 
Associated offsetting cash collateral— — 56 — 
Net amounts presented on the balance sheet17 2 (62)(4)
Additional cash collateral for commodity contracts
subject to rate recovery
10 — — — 
Total$27 $2 $(62)$(4)
DERIVATIVE INSTRUMENTS ON THE CONSOLIDATED BALANCE SHEETS (CONTINUED)
(Dollars in millions)
 December 31, 2024
 Other current assetsOther long-term assetsOther current
liabilities		Deferred credits and other
Sempra:    
Derivatives designated as hedging instruments:    
Interest rate instruments$7 $28 $— $— 
Foreign exchange instruments4 1 — — 
Derivatives not designated as hedging instruments:    
Interest rate instruments12 246 — — 
Commodity contracts not subject to rate recovery16 23 (21)(43)
Associated offsetting commodity contracts(15)(23)15 23 
Commodity contracts subject to rate recovery7 4 (55)(10)
Associated offsetting commodity contracts(5)(2)5 2 
Associated offsetting cash collateral— — 10 4 
Net amounts presented on the balance sheet26 277 (46)(24)
Additional cash collateral for commodity contracts
not subject to rate recovery
40 — — — 
Additional cash collateral for commodity contracts
subject to rate recovery
25 — — — 
Total(1)
$91 $277 $(46)$(24)
SDG&E:    
Derivatives not designated as hedging instruments:    
Commodity contracts subject to rate recovery$4 $4 $(13)$(6)
Associated offsetting commodity contracts(2)(2)2 2 
Associated offsetting cash collateral— — 10 4 
Net amounts presented on the balance sheet2 2 (1)— 
Additional cash collateral for commodity contracts
subject to rate recovery
21 — — — 
Total(1)
$23 $2 $(1)$— 
SoCalGas:    
Derivatives not designated as hedging instruments:    
Commodity contracts subject to rate recovery$3 $— $(42)$(4)
Associated offsetting commodity contracts(3)— 3 — 
Net amounts presented on the balance sheet— — (39)(4)
Additional cash collateral for commodity contracts
subject to rate recovery
4 — — — 
Total$4 $— $(39)$(4)
(1)    Normal purchase contracts previously measured at fair value are excluded.
Cash Flow Hedge Impact on the Consolidated Statements Of Operations Table
The following table includes the effects of derivative instruments designated as hedges on the Consolidated Statements of Operations and in OCI and AOCI.
HEDGE IMPACTS
(Dollars in millions)
 Pretax (loss) gain
 recognized in OCI		 Pretax gain (loss) reclassified
from AOCI into earnings
 Years ended December 31, Years ended December 31,
 202520242023Location202520242023
Sempra:      
Cash flow hedges:
Interest rate instruments$(2)$36 $45 Interest expense$7 $11 $(1)
Interest rate instruments(29)21 20 
Equity earnings(1)
10 23 48 
Foreign exchange instruments(13)14 (2)
Revenues: Energy-
related businesses
(3)5 (1)
Other income, net(2)2 (2)
Foreign exchange instruments(13)12 (3)
Equity earnings(1)
(5)6 (2)
Interest rate and foreign
exchange instruments
— — 7 Interest expense— — 1 
Other income, net— — 6 
Fair value hedges:
Foreign exchange instruments(27)2 — 
Equity earnings(1)
— — — 
Total$(84)$85 $67  $7 $47 $49 
SoCalGas:      
Cash flow hedges:
Interest rate instruments$— $— $— Interest expense$(1)$(1)$(1)
(1)    Equity earnings at Oncor Holdings and our foreign equity method investees are recognized after tax.
Undesignated Derivative Impact on the Consolidated Statements of Operations
The following table summarizes the effects of derivative instruments not designated as hedging instruments on the Consolidated Statements of Operations.
UNDESIGNATED DERIVATIVE IMPACTS
(Dollars in millions)
  Pretax (loss) gain on derivatives recognized in earnings
  Years ended December 31,
Location202520242023
Sempra:    
Commodity contracts not subject
to rate recovery
Revenues: Energy-related
businesses
$(6)$223 $919 
Commodity contracts not subject
to rate recovery
Energy-related business cost of sales(1)— — 
Commodity contracts subject
to rate recovery
Cost of natural gas(149)(56)(288)
Commodity contracts subject
to rate recovery
Cost of electric fuel
and purchased power
(14)(41)15 
Interest rate instrumentsInterest expense— 243 (47)
Total $(170)$369 $599 
SDG&E:    
Commodity contracts subject
to rate recovery
Cost of electric fuel
and purchased power
$(14)$(41)$15 
SoCalGas:    
Commodity contracts subject
to rate recovery
Cost of natural gas$(149)$(56)$(288)