INVESTMENT IN UNCONSOLIDATED ENTITIES (Tables)

3 Months Ended

Mar. 31, 2022

Investments [Abstract]

Condensed Financial Statements

We provide summarized income statement information for Oncor Holdings in the following table.

SUMMARIZED FINANCIAL INFORMATION – ONCOR HOLDINGS
(Dollars in millions)
	Three months ended March 31,
	2022		2021
Operating revenues	$	1,249	$	1,139
Operating expenses	(897)		(829)
Income from operations	352		310
Interest expense	(108)		(102)
Income tax expense	(42)		(36)
Net income	191		165
Noncontrolling interest held by Texas Transmission Investment LLC	(38)		(33)
Earnings attributable to Sempra(1)	153		132

(1)    Excludes adjustments to equity earnings related to amortization of a tax sharing liability associated with a tax sharing arrangement and changes in basis differences in AOCI within the carrying value of our equity method investment.