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CONDENSED STATEMENTS OF OPERATIONS - SDG&E - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUES    
Electric $ 1,224 $ 1,059
Natural gas 2,025 2,362
Operating expenses:    
Other income, net 100 91
Interest income 40 34
Interest expense (382) (433)
Income before income taxes and equity earnings 848 651
Income tax expense (65) (57)
Earnings attributable to common shares 1,037 906
SDG&E    
REVENUES    
Electric 1,228 1,064
Natural gas 319 356
Total operating revenues 1,547 1,420
Operating expenses:    
Cost of electric fuel and purchased power 94 73
Cost of natural gas 90 87
Operation and maintenance 423 440
Depreciation and amortization 344 320
Franchise fees and other taxes 123 110
Total operating expenses 1,074 1,030
Operating income 473 390
Other income, net 38 40
Interest income 1 0
Interest expense (147) (135)
Income before income taxes and equity earnings 365 295
Income tax expense (69) (14)
Earnings attributable to common shares $ 296 $ 281