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CONDENSED STATEMENTS OF OPERATIONS - SDG&E - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES        
Electric $ 1,260 $ 1,069 $ 3,350 $ 3,269
Natural gas 1,363 1,195 5,195 4,798
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
Earnings attributable to common shares 77 638 1,444 2,152
SDG&E        
REVENUES        
Electric 1,264 1,073 3,362 3,282
Natural gas 216 170 800 695
Operating revenues 1,480 1,243 4,162 3,977
Operating expenses:        
Cost of electric fuel and purchased power 135   314 277
Cost of electric fuel and purchased power   (5)    
Cost of natural gas 44 38 175 177
Operation and maintenance 451 420 1,294 1,254
Depreciation and amortization 334 308 977 910
Franchise fees and other taxes 116 106 324 301
Total operating expenses 1,080 867 3,084 2,919
Operating income 400 376 1,078 1,058
Other income, net 32 30 103 86
Interest income 0 1 2 5
Interest expense (141) (131) (415) (390)
Income before income taxes and equity earnings 291 276 768 759
Income tax (expense) benefit 33 (15) 12 (89)
Earnings attributable to common shares $ 324 $ 261 $ 780 $ 670