XML 57 R33.htm IDEA: XBRL DOCUMENT
v3.23.2

SUBSEQUENT EVENT | 6 Months Ended
--- | ---
Jun. 30, 2023
Subsequent Events [Abstract] |
SUBSEQUENT EVENT | SUBSEQUENT EVENT SEMPRA COMMON STOCK SPLIT IN THE FORM OF A STOCK DIVIDEND On August 2, 2023, Sempra’s board of directors declared a two-for-one split of Sempra’s common stock in the form of a 100% stock dividend for shareholders of record at the close of business on August 14, 2023. Each shareholder of record will receive one additional share of Sempra common stock for every then-held share of Sempra common stock, to be distributed after the close of trading on August 21, 2023. We expect Sempra’s common stock will begin trading on a post-split basis effective August 22, 2023. Sempra’s common stock will continue to have no par value with 1,125,000,000 authorized shares. The following represents the unaudited pro forma effect of the two-for-one stock split as if it had been effective for all periods presented:
PRO FORMA EARNINGS PER COMMON SHARE COMPUTATIONS ON A POST-SPLIT BASIS
(Dollars in millions, except per share amounts; shares in thousands) |  |  |  |  |  |  |
| Three months ended June 30, |  | Six months ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Numerator: |  |  |  |  |  |  |
Earnings attributable to common shares | $ | 603 |  |  | $ | 559 |  |  | $ | 1,572 |  |  | $ | 1,171 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares outstanding for basic EPS(1) | 630,014 |  |  | 629,691 |  |  | 629,926 |  |  | 631,190 |
Dilutive effect of stock options and RSUs | 2,107 |  |  | 2,044 |  |  | 2,259 |  |  | 2,104 |
Weighted-average common shares outstanding for diluted EPS | 632,121 |  |  | 631,735 |  |  | 632,185 |  |  | 633,294 |
EPS: |  |  |  |  |  |  |
Basic | $ | 0.96 |  |  | $ | 0.89 |  |  | $ | 2.50 |  |  | $ | 1.86 |
Diluted | $ | 0.95 |  |  | $ | 0.89 |  |  | $ | 2.49 |  |  | $ | 1.85 |
(1) Includes 710 and 798 fully vested RSUs held in our Deferred Compensation Plan for the three months ended June 30, 2023 and 2022, respectively, and 716 and 806 of such RSUs for the six months ended June 30, 2023 and 2022, respectively. These fully vested RSUs are included in weighted-average common shares outstanding for basic EPS because there are no conditions under which the corresponding shares will not be issued. Upon the distribution date for the stock dividend, all historical shares and per share information related to issued and outstanding common stock and outstanding equity awards exercisable into common stock will be retroactively adjusted to reflect the stock split in future financial statements.

X
- References No definition available. + Details
Name: | us-gaap_SubsequentEventsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483399/855-10-50-2 + Details
Name: | us-gaap_SubsequentEventsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration