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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Series C Preferred Stock
Preferred stock
Common stock
Retained earnings
Retained earnings
Series C Preferred Stock
Accumulated other comprehensive income (loss)
Sempra shareholders' equity
Sempra shareholders' equity
Series C Preferred Stock
Non- controlling interests
Beginning Balance at Dec. 31, 2022 $ 29,256   $ 889 $ 12,160 $ 14,201   $ (135) $ 27,115   $ 2,141
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 1,908       1,595     1,595   313
Other comprehensive income (loss) 24           14 14   10
Share-based compensation expense 31     31       31    
Dividends declared:                    
Preferred dividends   $ (22)       $ (22)     $ (22)  
Common stock dividends (749)       (749)     (749)    
Preferred dividends of subsidiary (1)       (1)     (1)    
Repurchases of common stock (31)     (31)       (31)    
Noncontrolling interest activities:                    
Contributions 595     (134)       (134)   729
Distributions (252)                 (252)
Sale 255     18       18   237
Ending balance at Jun. 30, 2023 31,014   889 12,044 15,024   (121) 27,836   3,178
Beginning Balance at Mar. 31, 2023 30,245   889 12,164 14,796   (182) 27,667   2,578
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 736       615     615   121
Other comprehensive income (loss) 117           61 61   56
Share-based compensation expense 14     14       14    
Dividends declared:                    
Preferred dividends   (11)       (11)     (11)  
Common stock dividends (375)       (375)     (375)    
Preferred dividends of subsidiary (1)       (1)     (1)    
Noncontrolling interest activities:                    
Contributions 498     (134)       (134)   632
Distributions (209)                 (209)
Ending balance at Jun. 30, 2023 31,014   889 12,044 15,024   (121) 27,836   3,178
Beginning Balance at Dec. 31, 2023 33,654 [1]   889 12,204 15,732   (150) 28,675   4,979
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 1,752       1,537     1,537   215
Other comprehensive income (loss) 192           29 29   163
Share-based compensation expense 41     41       41    
Dividends declared:                    
Preferred dividends   (22)       (22)     (22)  
Common stock dividends (785)       (785)     (785)    
Preferred dividends of subsidiary (1)       (1)     (1)    
Issuances of common stock 45     45       45    
Repurchases of common stock (40)     (40)       (40)    
Noncontrolling interest activities:                    
Contributions 786                 786
Distributions (203)                 (203)
Ending balance at Jun. 30, 2024 35,419   889 12,250 16,461   (121) 29,479   5,940
Beginning Balance at Mar. 31, 2024 34,661   889 12,209 16,141   (104) 29,135   5,526
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 871       725     725   146
Other comprehensive income (loss) 31           (17) (17)   48
Share-based compensation expense 20     20       20    
Dividends declared:                    
Preferred dividends   $ (11)       $ (11)     $ (11)  
Common stock dividends (393)       (393)     (393)    
Preferred dividends of subsidiary (1)       (1)     (1)    
Issuances of common stock 21     21       21    
Noncontrolling interest activities:                    
Contributions 312               312
Distributions (92)                 (92)
Ending balance at Jun. 30, 2024 $ 35,419   $ 889 $ 12,250 $ 16,461   $ (121) $ 29,479   $ 5,940
[1] Derived from audited financial statements.