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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Data [Abstract]  
Schedule Of Quarterly Financial Data Table
SDG&E
(Dollars in millions)
 
Quarters ended
 
March 31
 
June 30
 
September 30
 
December 31
2017:
 
 
 
 
 
 
 
Operating revenues
$
1,057

 
$
1,058

 
$
1,236

 
$
1,125

Operating expenses
779

 
817

 
1,290

 
877

Operating income (loss)
$
278

 
$
241

 
$
(54
)
 
$
248

 
 
 
 
 
 
 
 
Net income (loss)
$
157

 
$
153

 
$
(19
)
 
$
130

(Earnings) losses attributable to noncontrolling interest
(2
)
 
(4
)
 
(9
)
 
1

Earnings (losses) attributable to common shares
$
155

 
$
149

 
$
(28
)
 
$
131

2016:
 

 
 

 
 

 
 

Operating revenues
$
991

 
$
992

 
$
1,209

 
$
1,061

Operating expenses
755

 
822

 
886

 
800

Operating income
$
236

 
$
170

 
$
323

 
$
261

 
 
 
 
 
 
 
 
Net income
$
137

 
$
87

 
$
194

 
$
147

(Earnings) losses attributable to noncontrolling interest
(1
)
 
13

 
(11
)
 
4

Earnings attributable to common shares
$
136

 
$
100

 
$
183

 
$
151


SOCALGAS
(Dollars in millions)
 
Quarters ended
 
March 31
 
June 30
 
September 30
 
December 31
2017:
 
 
 
 
 
 
 
Operating revenues
$
1,241

 
$
770

 
$
684

 
$
1,090

Operating expenses
926

 
675

 
674

 
888

Operating income
$
315

 
$
95

 
$
10

 
$
202

 
 
 
 
 
 
 
 
Net income
$
203

 
$
59

 
$
7

 
$
128

Dividends on preferred stock

 
(1
)
 

 

Earnings attributable to common shares
$
203

 
$
58

 
$
7

 
$
128

2016:
 

 
 

 
 

 
 

Operating revenues
$
1,033

 
$
617

 
$
686

 
$
1,135

Operating expenses
739

 
628

 
648

 
899

Operating income (loss)
$
294

 
$
(11
)
 
$
38

 
$
236

 
 
 
 
 
 
 
 
Net income
$
199

 
$

 
$

 
$
151

Dividends on preferred stock

 
(1
)
 

 

Earnings (losses) attributable to common shares
$
199

 
$
(1
)

$

 
$
151

We provide quarterly financial information for Sempra Energy Consolidated, SDG&E and SoCalGas below:
SEMPRA ENERGY
(In millions, except per share amounts)
 
Quarters ended
 
March 31
 
June 30
 
September 30
 
December 31
2017:
 
 
 
 
 
 
 
Revenues
$
3,031

 
$
2,533

 
$
2,679

 
$
2,964

Expenses and other income
$
2,276

 
$
2,118

 
$
2,664

 
$
2,564

 
 
 
 
 
 
 
 
Net income (loss)
$
452

 
$
248

 
$
102

 
$
(451
)
Earnings (losses) attributable to Sempra Energy
$
441

 
$
259

 
$
57

 
$
(501
)
 
 
 
 
 
 
 
 
Basic per-share amounts(1):
 

 
 

 
 

 
 

Net income (loss)
$
1.80

 
$
0.99

 
$
0.41

 
$
(1.80
)
Earnings (losses) attributable to Sempra Energy
$
1.76

 
$
1.03

 
$
0.23

 
$
(1.99
)
Weighted-average common shares outstanding
251.1

 
251.4

 
251.7

 
251.9

 
 
 
 
 
 
 
 
Diluted per-share amounts(1)(2):
 

 
 

 
 

 
 

Net income (loss)
$
1.79

 
$
0.98

 
$
0.41

 
$
(1.80
)
Earnings (losses) attributable to Sempra Energy
$
1.75

 
$
1.03

 
$
0.22

 
$
(1.99
)
Weighted-average common shares outstanding
252.2

 
252.8

 
253.4

 
251.9

2016:
 

 
 

 
 

 
 

Revenues
$
2,622

 
$
2,156

 
$
2,535

 
$
2,870

Expenses and other income
$
2,167

 
$
2,268

 
$
1,553

 
$
2,365

 
 
 
 
 
 
 
 
Net income
$
364

 
$
27

 
$
719

 
$
409

Earnings attributable to Sempra Energy
$
353

 
$
16

 
$
622

 
$
379

 
 
 
 
 
 
 
 
Basic per-share amounts(1):
 

 
 

 
 

 
 

Net income
$
1.46

 
$
0.11

 
$
2.87

 
$
1.63

Earnings attributable to Sempra Energy
$
1.41

 
$
0.06

 
$
2.48

 
$
1.51

Weighted-average common shares outstanding
249.7

 
250.1

 
250.4

 
250.6

 
 
 
 
 
 
 
 
Diluted per-share amounts(1):
 

 
 

 
 

 
 

Net income
$
1.45

 
$
0.11

 
$
2.85

 
$
1.62

Earnings attributable to Sempra Energy
$
1.40

 
$
0.06

 
$
2.46

 
$
1.51

Weighted-average common shares outstanding
251.5

 
252.0

 
252.4

 
251.6

(1) 
Earnings per share are computed independently for each of the quarters and therefore may not sum to the total for the year.
(2) 
In the quarter ended December 31, 2017, the total weighted-average number of potentially dilutive securities was 0.8 million. However, these securities were not included in the computation of U.S. GAAP losses per common share since to do so would have decreased the loss per share.