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STATEMENTS OF OPERATIONS - SDG&E - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES      
Electric $ 4,296 $ 4,334 $ 4,783
Natural gas 7,141 9,495 7,868
Operating expenses:      
Other income, net 136 131 24
Interest income 61 89 75
Interest expense (1,049) (1,309) (1,054)
Income before income taxes and equity earnings 2,110 2,627 1,343
Income tax (expense) benefit (219) (490) (556)
Net income 3,500 3,618 2,285
Earnings attributable to common shares 2,817 3,030 2,094
SDG&E      
REVENUES      
Electric 4,313 4,349 4,795
Natural gas 1,028 1,248 1,043
Total operating revenues 5,341 5,597 5,838
Operating expenses:      
Cost of electric fuel and purchased power 308 445 994
Cost of natural gas 242 532 363
Operation and maintenance 1,692 1,846 1,677
Depreciation and amortization 1,223 1,098 982
Franchise fees and other taxes 402 381 373
Total operating expenses 3,867 4,302 4,389
Operating Income 1,474 1,295 1,449
Other income, net 90 97 92
Interest income 5 15 5
Interest expense (525) (497) (449)
Income before income taxes and equity earnings 1,044 910 1,097
Income tax (expense) benefit (153) 26 (182)
Net income 891 936 915
Earnings attributable to common shares $ 891 $ 936 $ 915