SEMPRA - EQUITY AND EARNINGS PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule Of Common Stock Activity

The following table provides common stock activity for the last three years.

COMMON STOCK ACTIVITY
	2024	2023	2022
Sempra:
Common shares outstanding, January 1	631,431,732	628,669,356	633,839,564
Shares issued under forward sale agreements	17,142,858	—	—
Shares issued to underwriters to cover overallotments	—	2,099,152	—
RSUs vesting(1)	1,320,561	941,910	914,444
Stock options exercised	143,944	—	81,260
Common stock investment plan(2)	1,151,877	1,730	—
Issuance of RSUs held in our Deferred Compensation Plan	128,207	132,178	130,026
Shares repurchased(3)	(689,303)	(412,594)	(6,295,938)
Common shares outstanding, December 31	650,629,876	631,431,732	628,669,356

(1)    Includes dividend equivalents.

(2)    Participants in the Direct Stock Purchase Plan may reinvest dividends to purchase newly issued shares.

(3)    Includes shares repurchased under repurchase programs and shares withheld from LTIP participants and individuals exercising stock options in 2024 to satisfy minimum statutory tax withholding requirements.

Schedule Of Noncontrolling Interests

The following table summarizes net income attributable to Sempra and transfers (to) from NCI, which shows the effects of changes in Sempra’s ownership interest in its subsidiaries on Sempra’s shareholders’ equity.

NET INCOME ATTRIBUTABLE TO SEMPRA AND TRANSFERS (TO) FROM NCI
(Dollars in millions)
	Years ended December 31,
	2023		2022
Sempra:
Net income attributable to Sempra	$	3,075	$	2,139
Transfers (to) from NCI:
(Decrease) increase in shareholders’ equity for sales of NCI	(49)		710
Net transfers (to) from NCI	(49)		710
Change from net income attributable to Sempra and transfers (to) from NCI	$	3,026	$	2,849

Schedule Of Earnings Per Share Computations

EARNINGS PER COMMON SHARE COMPUTATIONS
(Dollars in millions, except per share amounts; shares in thousands)
	Years ended December 31,
	2024		2023		2022
Sempra:
Numerator:
Earnings attributable to common shares	$	2,817	$	3,030	$	2,094
Denominator:
Weighted-average common shares outstanding for basic EPS(1)	633,795		630,296		630,318
Dilutive effect of stock options and RSUs(2)	2,112		2,341		2,439
Dilutive effect of common shares sold forward	2,036		96		—
Weighted-average common shares outstanding for diluted EPS	637,943		632,733		632,757
EPS:
Basic	$	4.44	$	4.81	$	3.32
Diluted	$	4.42	$	4.79	$	3.31

(1)     Includes fully vested RSUs held in our Deferred Compensation Plan of 617 in 2024, 717 in 2023 and 805 in 2022. These fully vested RSUs are included in weighted-average common shares outstanding for basic EPS because there are no conditions under which the corresponding shares will not be issued.

(2)    Due to market fluctuations of both Sempra common stock and the comparative indices used to determine the vesting percentage of our total shareholder return performance-based RSUs, which we discuss in Note 13, dilutive RSUs may vary widely from period-to-period.