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COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Leases Statement of Financial Position
Classification of ROU assets and lease liabilities and the weighted-average remaining lease term and discount rate associated with operating and finance leases are summarized in the table below.
LESSEE INFORMATION ON THE CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
SempraSDG&ESoCalGas
December 31,
202420232024202320242023
ROU assets:
Operating leases:
ROU assets$1,177$723$795$368$18$29
Finance leases:
PP&E1,6261,5851,4261,412200173
Accumulated depreciation(311)(246)(221)(179)(90)(66)
PP&E, net1,3151,3391,2051,233110107
Total ROU assets$2,492$2,062$2,000$1,601$128$136
Lease liabilities:
Operating leases:
Other current liabilities(1)
$91$70$68$50$8$10
Deferred credits and other(2)
1,019599734325918
1,1106698023751728
Finance leases:
Current portion of long-term debt and finance leases
656442412323
Long-term debt and finance leases
1,2501,2761,1631,1928784
1,3151,3401,2051,233110107
Total lease liabilities$2,425$2,009$2,007$1,608$127$135
Weighted-average remaining lease term (in years):
Operating leases
1313121023
Finance leases
1415151666
Weighted-average discount rate:
Operating leases(3)
6.10 %6.64 %5.06 %4.52 %4.70 %4.54 %
Finance leases
13.71 %13.80 %14.11 %14.18 %5.35 %4.94 %
(1)    Includes $43 and $18 related to PPAs at December 31, 2024 and 2023, respectively, at both Sempra and SDG&E.
(2)    Includes $627 and $208 related to PPAs at December 31, 2024 and 2023, respectively, at both Sempra and SDG&E.
(3)    Weighted-average discount rate related to PPAs at December 31, 2024 and 2023 is 5.04% and 4.19%, respectively, at both Sempra and SDG&E. Weighted-average discount rate related to all other operating leases at December 31, 2024 and 2023 is 7.41% and 7.57%, respectively, at Sempra and 5.23% and 5.06%, respectively, at SDG&E.
Lease, Cost
The components of lease costs were as follows:
LESSEE INFORMATION ON THE CONSOLIDATED STATEMENTS OF OPERATIONS(1)
(Dollars in millions)
SempraSDG&ESoCalGas
Years ended December 31,
202420232022202420232022202420232022
Operating lease costs(2)
$118 $99 $83 $71 $53 $45 $12 $13 $18 
Finance lease costs:
Amortization of ROU assets(3)
65 60 48 42 40 33 23 20 15 
Interest on lease liabilities
178 182 184 173 177 181 6 5 2 
Total finance lease costs
243 242 232 215 217 214 29 25 17 
Short-term lease costs(4)
9 9 3 8 8 2 — — — 
Variable lease costs(4)
472 458 411 460 447 399 10 10 11 
Total lease costs
$842 $808 $729 $754 $725 $660 $51 $48 $46 
(1)    Includes costs capitalized in PP&E.
(2)    Includes $37, $21, and $10 related to PPAs in 2024, 2023 and 2022, respectively, at both Sempra and SDG&E.
(3)    Included in O&M, except for $30, $29 and $25 at Sempra and $29, $28 and $24 at SDG&E in 2024, 2023 and 2022, respectively, and $1 at SoCalGas in each of 2024, 2023 and 2022, which is included in Depreciation and Amortization Expense.
(4)    Short-term leases with variable lease costs are recorded and presented as variable lease costs.
Schedule of Cash Flow, Supplemental Disclosures
Cash paid for amounts included in the measurement of lease liabilities and supplemental noncash information were as follows:
LESSEE INFORMATION ON THE CONSOLIDATED STATEMENTS OF CASH FLOWS
(Dollars in millions)
SempraSDG&ESoCalGas
Years ended December 31,
202420232022202420232022202420232022
Operating activities:
Cash paid for operating leases
$112 $85 $88 $70 $46 $45 $12 $13 $18 
Cash paid for finance leases
163 167 169 158 162 166 6 5 2 
Financing activities:
Cash paid for finance leases
66 60 48 42 40 33 24 20 15 
Increase in operating lease obligations for ROU assets
520 143 142 474 134 134 — — 1 
Increase in finance lease obligations for investment in PP&E41 57 57 14 17 16 27 40 41 
Lessee, Operating Lease, Liability, Maturity
The table below presents the maturity analysis of our lease liabilities and reconciliation to the present value of lease liabilities at December 31, 2024:
LESSEE MATURITY ANALYSIS OF LIABILITIES
(Dollars in millions)
SempraSDG&ESoCalGas
Operating leases(1)
Finance leases
Operating leases(1)
Finance leases(2)
Operating leasesFinance leases
2025$142 $224 $97 $196 $10 $28 
2026142 220 98 195 7 25 
2027134 218 97 194 — 24 
2028128 212 92 193 — 19 
2029124 204 89 190 — 14 
Thereafter966 1,745 571 1,727 — 18 
Total undiscounted lease payments
1,636 2,823 1,044 2,695 17 128 
Less: imputed interest(526)(1,508)(242)(1,490)— (18)
Total lease liabilities
1,110 1,315 802 1,205 17 110 
Less: current lease liabilities(91)(65)(68)(42)(8)(23)
Long-term lease liabilities
$1,019 $1,250 $734 $1,163 $9 $87 
(1)    Includes $76 in 2025, $75 in 2026, $76 in 2027, $75 in each of 2028 and 2029, and $525 thereafter related to PPAs.
(2)     Substantially all amounts are related to PPAs.
Finance Lease, Liability, Maturity
The table below presents the maturity analysis of our lease liabilities and reconciliation to the present value of lease liabilities at December 31, 2024:
LESSEE MATURITY ANALYSIS OF LIABILITIES
(Dollars in millions)
SempraSDG&ESoCalGas
Operating leases(1)
Finance leases
Operating leases(1)
Finance leases(2)
Operating leasesFinance leases
2025$142 $224 $97 $196 $10 $28 
2026142 220 98 195 7 25 
2027134 218 97 194 — 24 
2028128 212 92 193 — 19 
2029124 204 89 190 — 14 
Thereafter966 1,745 571 1,727 — 18 
Total undiscounted lease payments
1,636 2,823 1,044 2,695 17 128 
Less: imputed interest(526)(1,508)(242)(1,490)— (18)
Total lease liabilities
1,110 1,315 802 1,205 17 110 
Less: current lease liabilities(91)(65)(68)(42)(8)(23)
Long-term lease liabilities
$1,019 $1,250 $734 $1,163 $9 $87 
(1)    Includes $76 in 2025, $75 in 2026, $76 in 2027, $75 in each of 2028 and 2029, and $525 thereafter related to PPAs.
(2)     Substantially all amounts are related to PPAs.
Lessor, Operating Lease, Payments to be Received, Maturity
LESSOR INFORMATION
(Dollars in millions)
December 31,
20242023
Sempra – Assets subject to operating leases:
Property, plant and equipment:
Pipelines and storage$1,313 $1,304 
Refined products terminals 623 621 
Other77 77 
Total2,013 2,002 
Accumulated depreciation(605)(539)
Property, plant and equipment, net
$1,408 $1,463 
December 31, 2024
Sempra – Maturity analysis of lease payments:Operating leasesSales-type leases
2025$318 $17 
2026272 9 
2027269 — 
2028268 — 
2029246 — 
Thereafter2,324 — 
Total undiscounted cash flows
$3,697 26 
Less: present value of lease payments (recognized as lease receivable)(1)
(23)
Difference between undiscounted cash flows and discounted cash flows
$3 
(1)     Includes $15 in Other Current Assets and $8 in Other Long-Term Assets on the Consolidated Balance Sheet.
Sales-type and Direct Financing Leases, Lease Receivable, Maturity
LESSOR INFORMATION
(Dollars in millions)
December 31,
20242023
Sempra – Assets subject to operating leases:
Property, plant and equipment:
Pipelines and storage$1,313 $1,304 
Refined products terminals 623 621 
Other77 77 
Total2,013 2,002 
Accumulated depreciation(605)(539)
Property, plant and equipment, net
$1,408 $1,463 
December 31, 2024
Sempra – Maturity analysis of lease payments:Operating leasesSales-type leases
2025$318 $17 
2026272 9 
2027269 — 
2028268 — 
2029246 — 
Thereafter2,324 — 
Total undiscounted cash flows
$3,697 26 
Less: present value of lease payments (recognized as lease receivable)(1)
(23)
Difference between undiscounted cash flows and discounted cash flows
$3 
(1)     Includes $15 in Other Current Assets and $8 in Other Long-Term Assets on the Consolidated Balance Sheet.
Operating Lease, Lease Income
LESSOR INFORMATION ON THE CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in millions)
Years ended December 31,
202420232022
Sempra – Sales-type leases:
Interest income$5 $6 $8 
Total revenues from sales-type leases(1)
$5 $6 $8 
Sempra – Operating leases:
Fixed lease payments$340 $321 $290 
Variable lease payments38 34 10 
Total revenues from operating leases(1)
$378 $355 $300 
Depreciation expense$73 $62 $54 
(1)     Included in Revenues: Energy-Related Businesses on the Consolidated Statements of Operations.
Sales-type Lease, Lease Income
LESSOR INFORMATION ON THE CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in millions)
Years ended December 31,
202420232022
Sempra – Sales-type leases:
Interest income$5 $6 $8 
Total revenues from sales-type leases(1)
$5 $6 $8 
Sempra – Operating leases:
Fixed lease payments$340 $321 $290 
Variable lease payments38 34 10 
Total revenues from operating leases(1)
$378 $355 $300 
Depreciation expense$73 $62 $54 
(1)     Included in Revenues: Energy-Related Businesses on the Consolidated Statements of Operations.
Schedule Of Estimated Future Payments Under Natural Gas Contracts At December 31, 2024, the future minimum payments under existing natural gas contracts and natural gas storage and transportation contracts are as follows:
FUTURE MINIMUM PAYMENTS
(Dollars in millions)
SempraSoCalGas
 Storage and
transportation
Natural gas(1)
Total(1)
TransportationNatural gasTotal
2025$229 $65 $294 $130 $61 $191 
2026225 175 400 125 108 233 
2027203 271 474 104 124 228 
2028155 242 397 71 83 154 
2029140 152 292 59 — 59 
Thereafter1,283 212 1,495 118 — 118 
Total minimum payments$2,235 $1,117 $3,352 $607 $376 $983 
(1)    Excludes amounts related to the LNG purchase agreement that we discuss below.
Schedule Of Payments Under Natural Gas Contracts
Total payments under natural gas contracts and natural gas storage and transportation contracts as well as payments to meet additional portfolio needs at Sempra and SoCalGas were as follows:
PAYMENTS UNDER NATURAL GAS CONTRACTS
(Dollars in millions)
 Years ended December 31,
 202420232022
Sempra $1,185 $4,030 $2,536 
SoCalGas1,088 3,857 2,492 
Schedule Of LNG Commitment Amounts
At December 31, 2024, the following LNG commitment amounts are based on the assumption that all LNG cargoes under the agreement are delivered, less those already confirmed to be diverted as of December 31, 2024.
LNG COMMITMENT AMOUNTS
(Dollars in millions)
Sempra:
2025$355 
2026640 
2027657 
2028646 
2029402 
Total$2,700 
Schedule Of Estimated Future Payments Under Purchased Power Contracts At December 31, 2024, the future minimum payments under long-term PPAs for Sempra and SDG&E are as follows:
FUTURE MINIMUM PAYMENTS(1)
(Dollars in millions)
2025$97 
2026116 
2027114 
2028114 
2029114 
Thereafter746 
Total minimum payments$1,301 
(1)    Excludes PPAs accounted for as operating leases and finance leases.
Schedule Of Environmental Remediation Costs Capitalized In Period The following table shows our capital expenditures (including construction work in progress) in order to comply with environmental laws and regulations:
CAPITAL EXPENDITURES FOR ENVIRONMENTAL ISSUES
(Dollars in millions)
 Years ended December 31,
 202420232022
Sempra$65 $107 $87 
SDG&E23 29 31 
SoCalGas42 78 56 
Schedule Of Environmental Remediation Costs, Status Of Remediation Sites
The table below shows the status at December 31, 2024 of SDG&E’s and SoCalGas’ manufactured-gas sites and the third-party waste-disposal sites for which we have been identified as a PRP:
STATUS OF ENVIRONMENTAL SITES
 
# Sites
complete(1)
# Sites
in process
SDG&E:
Manufactured-gas sites3 — 
Third-party waste-disposal sites2 1 
SoCalGas:
Manufactured-gas sites39 3 
Third-party waste-disposal sites5 2 
(1)    There may be ongoing compliance obligations for completed sites, such as regular inspections, adherence to land use covenants and water quality monitoring.
Schedule of Environmental Loss Contingencies by Site
The following table shows our accrued liabilities for environmental matters at December 31, 2024. Of the total liability, $14 million at SoCalGas is recorded on a discounted basis, with a weighted-average discount rate of 2.45%.
ACCRUED LIABILITIES FOR ENVIRONMENTAL MATTERS
(Dollars in millions)
 
Sempra(1)
SDG&E(1)
SoCalGas
Manufactured-gas sites$34 $— $34 
Waste disposal sites (PRP)(2)
8 5 3 
Other hazardous waste sites12 11 1 
Total(3)
$54 $16 $38 
(1)    Does not include SDG&E’s liability for SONGS marine environment mitigation.
(2)     Sites for which we have been identified as a PRP.
(3)    Includes $6, $1, $5 classified as current liabilities and $48, $15 and $33 classified as noncurrent liabilities on Sempra’s, SDG&E’s and SoCalGas’ Consolidated Balance Sheets, respectively.