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CONDENSED STATEMENTS OF OPERATIONS - SoCalGas - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating expenses:        
Other income, net $ 30 $ 31 $ 129 $ 72
Interest income 17 17 30 41
Interest expense (311) (317) (616) (683)
Income before income taxes and equity earnings 308 523 1,013 1,852
Income tax benefit (expense) 130 (175) (42) (551)
Net income 871 736 1,752 1,908
Preferred dividends (11) (11) (22) (22)
Earnings attributable to common shares 713 603 1,514 1,572
SoCalGas        
REVENUES        
Operating revenues 1,309 1,467 3,114 5,261
Operating expenses:        
Cost of natural gas 114 284 579 2,631
Operation and maintenance 707 715 1,320 1,340
Depreciation and amortization 224 208 447 414
Franchise fees and other taxes 60 56 134 145
Total operating expenses 1,105 1,263 2,480 4,530
Operating income 204 204 634 731
Other income, net 13 1 60 (7)
Interest income 2 1 4 5
Interest expense (78) (71) (155) (140)
Income before income taxes and equity earnings 141 135 543 589
Income tax benefit (expense) (10) 21 (53) (73)
Net income 131 156 490 516
Preferred dividends (1) (1) (1) (1)
Earnings attributable to common shares $ 130 $ 155 $ 489 $ 515