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SUBSEQUENT EVENT (Tables) | 6 Months Ended
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Jun. 30, 2023
Subsequent Events [Abstract] |
Earnings Per Share Computations Table |
EARNINGS PER COMMON SHARE COMPUTATIONS |  |  |  |  |  |  |
(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) | 315,007 |  |  | 314,845 |  |  | 314,963 |  |  | 315,595 |
Dilutive effect of stock options and RSUs(2) | 1,053 |  |  | 1,022 |  |  | 1,129 |  |  | 1,052 |
Weighted-average common shares outstanding for diluted EPS | 316,060 |  |  | 315,867 |  |  | 316,092 |  |  | 316,647 |
EPS: |  |  |  |  |  |  |
Basic | $ | 1.91 |  |  | $ | 1.78 |  |  | $ | 4.99 |  |  | $ | 3.71 |
Diluted | $ | 1.91 |  |  | $ | 1.77 |  |  | $ | 4.97 |  |  | $ | 3.70 |
(1) Includes 355 and 399 fully vested RSUs held in our Deferred Compensation Plan for the three months ended June 30, 2023 and 2022, respectively, and 358 and 403 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. (2) Due to market fluctuations of both Sempra common stock and the comparative indices used to determine the vesting percentage of our total shareholder return performance-based RSUs, which we discuss in Note 10 of the Notes to Consolidated Financial Statements in the Annual Report, dilutive RSUs may vary widely from period-to-period. 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.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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- References No definition available. + Details
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