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CONDENSED STATEMENTS OF OPERATIONS - SoCalGas - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating expenses:        
Other income, net $ 49 $ 65 $ 199 $ 194
Interest income 17 17 65 47
Interest expense (403) (328) (1,195) (944)
Income before income taxes and equity earnings 160 200 1,109 1,213
Income tax (expense) benefit (482) 105 (711) 63
Net income 150 759 1,588 2,511
Preferred dividends (7) (11) (29) (33)
Earnings attributable to common shares 77 638 1,444 2,152
SoCalGas        
REVENUES        
Operating revenues 1,181 1,054 4,469 4,168
Operating expenses:        
Cost of natural gas 182 82 749 661
Operation and maintenance 623 678 2,002 1,998
Depreciation and amortization 257 228 750 675
Franchise fees and other taxes 74 66 215 200
Total operating expenses 1,136 1,054 3,716 3,534
Operating income 45 0 753 634
Other income, net (3) 13 37 73
Interest income 2 3 5 7
Interest expense (93) (82) (272) (237)
Income before income taxes and equity earnings (49) (66) 523 477
Income tax (expense) benefit 95 52 51 (1)
Net income 46 (14) 574 476
Preferred dividends 0 0 (1) (1)
Earnings attributable to common shares $ 46 $ (14) $ 573 $ 475