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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
REVENUES        
Utilities $ 2,197 $ 1,994 [1] $ 4,895 $ 4,436 [1]
Energy-related businesses 336 162 [1] 669 342 [1]
Total revenues 2,533 2,156 [1] 5,564 4,778 [1]
Utilities:        
Cost of electric fuel and purchased power (553) (561) [1] (1,080) (1,076) [1]
Cost of natural gas (228) (183) [1] (713) (494) [1]
Energy-related businesses:        
Cost of natural gas, electric fuel and purchased power (62) (62) [1] (129) (118) [1]
Other cost of sales 38 (226) [1] 16 (261) [1]
Operation and maintenance (731) (706) [1] (1,445) (1,406) [1]
Depreciation and amortization (368) (314) [1] (728) (642) [1],[2]
Franchise fees and other taxes (101) (96) [1] (211) (207) [1]
Impairment losses (71) (21) [1] (71) (22) [1],[2]
Equity earnings (losses), before income tax 18 14 [1] 21 (8) [1]
Operating expenses        
Impairment losses 71 21 [1] 71 22 [1],[2]
Other income, net 91 23 [1] 260 72 [1]
Interest income 8 6 [1] 14 12 [1]
Interest expense (159) (142) [1] (328) (285) [1]
Income (loss) before income taxes and equity earnings (losses) of certain unconsolidated subsidiaries 415 (112) [1] 1,170 343 [1]
Income tax (expense) benefit (167) 106 [1] (462) (2) [1]
Equity earnings (losses), net of income tax 0 33 [1] (8) 50 [1]
Net income 248 27 [1] 700 391 [1],[2]
(Earnings) losses attributable to noncontrolling interest 12 (10) [1] 1 (21) [1]
Preferred dividends of subsidiary (1) (1) [1] (1) (1) [1]
Earnings / Net Income $ 259 $ 16 [1] $ 700 $ 369 [1]
Basic earnings per common share (in dollars per share) $ 1.03 $ 0.06 [1] $ 2.79 $ 1.48 [1]
Weighted-average number of shares outstanding, basic 251,447 250,096 [1] 251,290 249,915 [1]
Diluted earnings per common share (in dollars per share) $ 1.03 $ 0.06 [1] $ 2.77 $ 1.47 [1]
Weighted-average number of shares outstanding, diluted 252,822 252,036 [1] 252,609 251,775 [1]
Dividends declared per share of common stock (in dollars per share) $ 0.83 $ 0.75 [1] $ 1.65 $ 1.51 [1]
San Diego Gas and Electric Company [Member]        
Operating revenues        
Electric $ 946 $ 897 $ 1,821 $ 1,740 [1]
Natural gas 112 95 294 243 [1]
Total operating revenues 1,058 992 2,115 1,983 [1]
Operating expenses        
Cost of electric fuel and purchased power 316 314 577 562 [1]
Cost of natural gas 38 25 103 64 [1]
Operation and maintenance 237 266 464 512 [1]
Depreciation and amortization 166 158 329 317 [1]
Franchise fees and other taxes 60 59 123 122 [1]
Total operating expenses 817 822 1,596 1,577 [1]
Operating income 241 170 519 406 [1]
Other income, net 15 13 33 27 [1]
Interest expense (49) (48) (98) (96) [1]
Income (loss) before income taxes and equity earnings (losses) of certain unconsolidated subsidiaries 207 135 454 337 [1]
Income tax (expense) benefit (54) (48) (144) (113) [1]
Net income 153 87 310 224 [1]
(Earnings) losses attributable to noncontrolling interest (4) 13 (6) 12 [1]
Earnings (losses) attributable to common shares 149 100 304 236 [1]
Southern California Gas Company [Member]        
Operating revenues        
Total operating revenues 770 617 2,011 1,650 [1]
Energy-related businesses:        
Impairment losses 0 (21) 0 (22) [1]
Operating expenses        
Cost of natural gas 179 147 587 400 [1]
Operation and maintenance 336 318 689 644 [1]
Depreciation and amortization 126 112 252 234 [1],[2]
Franchise fees and other taxes 34 30 73 67 [1]
Impairment losses 0 21 0 22 [1]
Total operating expenses 675 628 1,601 1,367 [1]
Operating income 95 (11) 410 283 [1]
Other income, net 9 6 20 16 [1]
Interest expense (26) (24) (51) (46) [1]
Income (loss) before income taxes and equity earnings (losses) of certain unconsolidated subsidiaries 78 (29) 379 253 [1]
Income tax (expense) benefit (19) 29 (117) (54) [1]
Net income 59 0 262 199 [2]
Dividends, Preferred Stock 1 1 1 1
Earnings (losses) attributable to common shares $ 58 $ (1) $ 261 $ 198 [1],[2]
[1] As adjusted for the adoption of ASU 2016-09 as of January 1, 2016.
[2] As adjusted for the adoption of ASU 2016-09 as of January 1, 2016.