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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN CONTINGENTLY REDEEMABLE NONCONTROLLING INTEREST AND EQUITY - USD ($)
$ in Millions
Total
Series C Preferred Stock
Sempra shareholders' equity
Sempra shareholders' equity
Series C Preferred Stock
Preferred stock
Common stock
Retained earnings
Retained earnings
Series C Preferred Stock
Accumulated other comprehensive income (loss)
NCI
Beginning Balance at Dec. 31, 2024 $ 37,788   $ 31,222   $ 889 $ 13,520 $ 16,979   $ (166) $ 6,566
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 919   917       917     2
Other comprehensive income (loss) (34)   (29)           (29) (5)
Share-based compensation expense (2)   (2)     (2)        
Dividends declared:                    
Preferred dividends   $ (11)   $ (11)       $ (11)    
Common stock dividends (420)   (420)       (420)      
Issuances of common stock 23   23     23        
Repurchases of common stock (57)   (57)     (57)        
CRNCI and NCI activities:                    
Contributions 34                 34
Distributions to NCI (38)                 (38)
Ending balance at Mar. 31, 2025 38,202   31,643   889 13,484 17,465   (195) 6,559
Beginning balance at Dec. 31, 2025 [1] 3,206                  
CRNCI                    
Net income 6                  
Allocation of interests 42                  
Ending balance at Mar. 31, 2026 3,254                  
Beginning Balance at Dec. 31, 2025 38,793 [1]   31,594   0 14,699 17,092   (197) 7,199
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 1,144   1,037       1,037     107
Net income 1,150                  
Other comprehensive income (loss) 7   6           6 1
Share-based compensation expense 25   25     25        
Dividends declared:                    
Common stock dividends (430)   (430)       (430)      
Issuances of common stock 21   21     21        
Repurchases of common stock (20)   (20)     (20)        
CRNCI and NCI activities:                    
Allocation of interests (42)   6     6       (48)
Contributions 41                 41
Distributions to NCI (65)                 (65)
Ending balance at Mar. 31, 2026 $ 39,474   $ 32,239   $ 0 $ 14,731 $ 17,699   $ (191) $ 7,235
[1] Derived from audited financial statements.