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CONDENSED STATEMENTS OF OPERATIONS - SDG&E - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUES        
Electric $ 1,069 $ 1,250 $ 3,269 $ 3,331
Natural gas 1,195 1,488 4,798 7,560
Operating expenses:        
Other income, net 65 3 194 75
Interest income 17 19 47 60
Interest expense (328) (312) (944) (995)
Income before income taxes and equity earnings 200 323 1,213 2,175
Income tax benefit (expense) 105 52 63 (499)
Net income 759 854 2,511 2,762
Earnings attributable to common shares 638 721 2,152 2,293
SDG&E        
REVENUES        
Electric 1,073 1,254 3,282 3,343
Natural gas 170 188 695 1,014
Operating revenues 1,243 1,442 3,977 4,357
Operating expenses:        
Cost of electric fuel and purchased power (5)      
Cost of electric fuel and purchased power   200 277 442
Cost of natural gas 38 45 177 462
Operation and maintenance 420 463 1,254 1,364
Depreciation and amortization 308 280 910 810
Franchise fees and other taxes 106 101 301 287
Total operating expenses 867 1,089 2,919 3,365
Operating income 376 353 1,058 992
Other income, net 30 25 86 75
Interest income 1 7 5 12
Interest expense (131) (126) (390) (367)
Income before income taxes and equity earnings 276 259 759 712
Income tax benefit (expense) (15) 15 (89) 4
Net income 261 274 670 716
Earnings attributable to common shares $ 261 $ 274 $ 670 $ 716