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BALANCE SHEETS - SDG&E - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,565 $ 236
Accounts receivable – trade, net 1,983 2,151
Accounts receivable – other, net 397 561
Due from unconsolidated affiliates 13 31
Income taxes receivable, net 90 94
Inventories 559 482
Prepaid expenses 255 273
Regulatory assets 60 226
Fixed-price contracts and other derivatives 91 122
Greenhouse gas allowances 217 1,189
Other current assets 34 56
Total current assets 5,285 5,470
Other assets:    
Regulatory assets 3,937 3,771
Greenhouse gas allowances 845 301
Nuclear decommissioning trusts 875 872
Right-of-use assets – operating leases 1,177 723
Wildfire fund 262 269
Other long-term assets 1,749 1,603
Total other assets 29,433 26,751
Property, plant and equipment:    
Property, plant and equipment 80,397 72,495
Less accumulated depreciation and amortization (18,960) (17,535)
Property, plant and equipment, net 61,437 54,960
Total assets 96,155 87,181
Current liabilities:    
Short-term debt 2,016 2,342
Accrued compensation and benefits 558 526
Regulatory liabilities 141 553
Current portion of long-term debt and finance leases 2,274 975
Greenhouse gas obligations 217 1,189
Total current liabilities 9,676 10,090
Long-term debt and finance leases 31,558 27,759
Deferred credits and other liabilities:    
Regulatory liabilities 3,817 3,739
Greenhouse gas obligations 506 0
Pension obligation, net of plan assets 168 407
Deferred income taxes 5,845 5,254
Asset retirement obligations 3,737 3,642
Deferred credits and other 2,708 2,329
Total deferred credits and other liabilities 17,133 15,678
Commitments and contingencies
Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common stock 13,520 12,204
Retained earnings 16,979 15,732
Accumulated other comprehensive income (loss) (166) (150)
Total shareholders’ equity 31,222 28,675
Total liabilities and shareholders’ equity 96,155 87,181
Related Party    
Current assets:    
Due from unconsolidated affiliates 13 31
Current liabilities:    
Other current liabilities 0 5
Nonrelated Party    
Current liabilities:    
Other current liabilities 1,251 1,374
SDG&E    
Current assets:    
Cash and cash equivalents 0 50
Accounts receivable – trade, net 774 870
Accounts receivable – other, net 89 141
Income taxes receivable, net 27 236
Inventories 202 153
Prepaid expenses 139 165
Regulatory assets 16 19
Greenhouse gas allowances 27 158
Other current assets 27 31
Total current assets 1,301 1,823
Other assets:    
Regulatory assets 2,024 1,968
Greenhouse gas allowances 272 202
Nuclear decommissioning trusts 875 872
Right-of-use assets – operating leases 795 368
Wildfire fund 262 269
Other long-term assets 133 134
Total other assets 4,361 3,813
Property, plant and equipment:    
Property, plant and equipment 33,162 30,918
Less accumulated depreciation and amortization (8,051) (7,369)
Property, plant and equipment, net 25,111 23,549
Total assets 30,773 29,185
Current liabilities:    
Short-term debt 417 0
Accounts payable 742 808
Interest payable 84 81
Accrued compensation and benefits 175 145
Accrued franchise fees 54 112
Regulatory liabilities 75 447
Current portion of long-term debt and finance leases 42 441
Greenhouse gas obligations 27 158
Asset retirement obligations 97 116
Total current liabilities 1,987 2,597
Long-term debt and finance leases 10,018 9,453
Deferred credits and other liabilities:    
Regulatory liabilities 2,701 2,534
Greenhouse gas obligations 62 0
Pension obligation, net of plan assets 28 79
Deferred income taxes 3,211 2,873
Asset retirement obligations 803 778
Deferred credits and other 1,399 969
Total deferred credits and other liabilities 8,204 7,233
Commitments and contingencies
Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Preferred stock 0 0
Common stock 1,660 1,660
Retained earnings 8,916 8,250
Accumulated other comprehensive income (loss) (12) (8)
Total shareholders’ equity 10,564 9,902
Total liabilities and shareholders’ equity 30,773 29,185
SDG&E | Related Party    
Current liabilities:    
Other current liabilities 59 73
SDG&E | Nonrelated Party    
Current liabilities:    
Other current liabilities $ 215 $ 216