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SEMPRA - SEGMENT INFORMATION (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Segment Information | The following tables show selected information by segment from our Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Cash Flows and Condensed Consolidated Statements of Operations. Amounts labeled as “All other” in the following tables consist primarily of activities of parent organizations.
SEGMENT INFORMATION |  |  |
(Dollars in millions) |  |  |
| June 30, 2024 |  | December 31, 2023
ASSETS |  |  |
Sempra California | $ | 54,462 |  |  | $ | 53,430 |
Sempra Texas Utilities | 14,940 |  |  | 14,392 |
Sempra Infrastructure | 21,131 |  |  | 19,430 |
All other | 963 |  |  | 967 |
Intersegment receivables | (1,023) |  |  | (1,038) |
Total | $ | 90,473 |  |  | $ | 87,181 |
EQUITY METHOD AND OTHER INVESTMENTS |  |  |
Sempra Texas Utilities | $ | 14,927 |  |  | $ | 14,380 |
Sempra Infrastructure | 2,286 |  |  | 2,129 |
All other | 1 |  |  | 1 |
Total | $ | 17,214 |  |  | $ | 16,510 |
| Six months ended June 30,
| 2024 |  | 2023
EXPENDITURES FOR PROPERTY, PLANT & EQUIPMENT |  |
Sempra California | $ | 2,212 |  |  | $ | 2,200 |
Sempra Infrastructure | 1,617 |  |  | 2,078 |
All other | 1 |  |  | 4 |
Total | $ | 3,830 |  |  | $ | 4,282 |
SEGMENT INFORMATION (CONTINUED) |  |  |  |  |  |  |
(Dollars in millions) |  |  |  |  |  |  |
| Three months ended June 30, |  | Six months ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
REVENUES |  |  |  |  |  |  |
Sempra California | $ | 2,625 |  |  | $ | 2,700 |  |  | $ | 5,766 |  |  | $ | 8,115 |
Sempra Infrastructure | 409 |  |  | 660 |  |  | 928 |  |  | 1,856 |
Adjustments and eliminations | 1 |  |  | (2) |  |  | — |  |  | (2) |
Intersegment revenues(1) | (24) |  |  | (23) |  |  | (43) |  |  | (74) |
Total | $ | 3,011 |  |  | $ | 3,335 |  |  | $ | 6,651 |  |  | $ | 9,895 |
DEPRECIATION AND AMORTIZATION |  |  |  |  |  |  |
Sempra California | $ | 528 |  |  | $ | 476 |  |  | $ | 1,049 |  |  | $ | 944 |
Sempra Infrastructure | 73 |  |  | 70 |  |  | 145 |  |  | 139 |
All other | 2 |  |  | 3 |  |  | 3 |  |  | 5 |
Total | $ | 603 |  |  | $ | 549 |  |  | $ | 1,197 |  |  | $ | 1,088 |
INTEREST INCOME |  |  |  |  |  |  |
Sempra California | $ | 5 |  |  | $ | 5 |  |  | $ | 8 |  |  | $ | 10 |
Sempra Infrastructure | 7 |  |  | 6 |  |  | 12 |  |  | 21 |
All other | 6 |  |  | 6 |  |  | 11 |  |  | 10 |
Intercompany eliminations | (1) |  |  | — |  |  | (1) |  |  | — |
Total | $ | 17 |  |  | $ | 17 |  |  | $ | 30 |  |  | $ | 41 |
INTEREST EXPENSE |  |  |  |  |  |  |
Sempra California | $ | 209 |  |  | $ | 194 |  |  | $ | 414 |  |  | $ | 381 |
Sempra Infrastructure | — |  |  | 25 |  |  | — |  |  | 120 |
All other | 103 |  |  | 99 |  |  | 203 |  |  | 183 |
Intercompany eliminations | (1) |  |  | (1) |  |  | (1) |  |  | (1) |
Total | $ | 311 |  |  | $ | 317 |  |  | $ | 616 |  |  | $ | 683 |
INCOME TAX EXPENSE (BENEFIT) |  |  |  |  |  |  |
Sempra California | $ | 44 |  |  | $ | (17) |  |  | $ | 127 |  |  | $ | 84 |
Sempra Infrastructure | (133) |  |  | 201 |  |  | (24) |  |  | 531 |
All other | (41) |  |  | (9) |  |  | (61) |  |  | (64) |
Total | $ | (130) |  |  | $ | 175 |  |  | $ | 42 |  |  | $ | 551 |
EQUITY EARNINGS |  |  |  |  |  |  |
Equity earnings, before income tax: |  |  |  |  |  |  |
Sempra Texas Utilities | $ | 2 |  |  | $ | 2 |  |  | $ | 4 |  |  | $ | 3 |
Sempra Infrastructure | 158 |  |  | 151 |  |  | 290 |  |  | 282 |
| 160 |  |  | 153 |  |  | 294 |  |  | 285 |
Equity earnings, net of income tax: |  |  |  |  |  |  |
Sempra Texas Utilities | 202 |  |  | 160 |  |  | 385 |  |  | 243 |
Sempra Infrastructure | 71 |  |  | 75 |  |  | 102 |  |  | 79 |
| 273 |  |  | 235 |  |  | 487 |  |  | 322 |
Total | $ | 433 |  |  | $ | 388 |  |  | $ | 781 |  |  | $ | 607 |
EARNINGS (LOSSES) ATTRIBUTABLE TO COMMON SHARES |  |  |  |  |  |
Sempra California | $ | 316 |  |  | $ | 339 |  |  | $ | 898 |  |  | $ | 957 |
Sempra Texas Utilities | 202 |  |  | 160 |  |  | 385 |  |  | 243 |
Sempra Infrastructure | 291 |  |  | 208 |  |  | 422 |  |  | 523 |
All other | (96) |  |  | (104) |  |  | (191) |  |  | (151) |
Total | $ | 713 |  |  | $ | 603 |  |  | $ | 1,514 |  |  | $ | 1,572 |
(1) Revenues for reportable segments include intersegment revenues of $5 and $19 for the three months ended June 30, 2024 and $10 and $33 for the six months ended June 30, 2024; $4 and $19 for the three months ended June 30, 2023 and $9 and $65 for the six months ended June 30, 2023 for Sempra California and Sempra Infrastructure, respectively.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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