EX-99.2 3 ex99_2q32024earningstablef.htm EX-99.2
Exhibit 99.2

SEMPRA
Table F
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Three months ended September 30, 2024 | Sempra California |  | Sempra Texas Utilities |  | Sempra Infrastructure |  | Consolidating Adjustments, Parent & Other |  |  | Total
Revenues | $ | 2,256 |  |  | $ | — |  |  | $ | 538 |  |  | $ | (18) |  |  |  | $ | 2,776 |
Cost of sales and other expenses | (1,344) |  |  | — |  |  | (359) |  |  | (13) |  |  |  | (1,716) |
Depreciation and amortization | (536) |  |  | — |  |  | (76) |  |  | (2) |  |  |  | (614) |
Other income (expense), net | 43 |  |  | — |  |  | (4) |  |  | 26 |  |  |  | 65 |
Net interest (expense) income | (209) |  |  | (1) |  |  | 7 |  |  | (108) |  |  |  | (311) |
Income tax benefit (expense) | 37 |  |  | (1) |  |  | 43 |  |  | 26 |  |  |  | 105 |
Equity earnings | — |  |  | 263 |  |  | 191 |  |  | — |  |  |  | 454 |
Earnings attributable to noncontrolling interests | — |  |  | — |  |  | (110) |  |  | — |  |  |  | (110) |
Preferred dividends | — |  |  | — |  |  | — |  |  | (11) |  |  |  | (11) |
Earnings (losses) attributable to common shares | $ | 247 |  |  | $ | 261 |  |  | $ | 230 |  |  | $ | (100) |  |  |  | $ | 638 |
Three months ended September 30, 2023 | Sempra California |  | Sempra Texas Utilities |  | Sempra Infrastructure |  | Consolidating Adjustments, Parent & Other |  |  | Total
Revenues | $ | 2,725 |  |  | $ | — |  |  | $ | 629 |  |  | $ | (20) |  |  |  | $ | 3,334 |
Cost of sales and other expenses | (1,800) |  |  | (2) |  |  | (356) |  |  | — |  |  |  | (2,158) |
Depreciation and amortization | (491) |  |  | — |  |  | (71) |  |  | (1) |  |  |  | (563) |
Other income (expense), net | 23 |  |  | — |  |  | (2) |  |  | (18) |  |  |  | 3 |
Net interest expense | (187) |  |  | — |  |  | (3) |  |  | (103) |  |  |  | (293) |
Income tax benefit (expense) | 20 |  |  | — |  |  | (24) |  |  | 56 |  |  |  | 52 |
Equity earnings | — |  |  | 307 |  |  | 172 |  |  | — |  |  |  | 479 |
Earnings attributable to noncontrolling interests | — |  |  | — |  |  | (122) |  |  | — |  |  |  | (122) |
Preferred dividends | — |  |  | — |  |  | — |  |  | (11) |  |  |  | (11) |
Earnings (losses) attributable to common shares | $ | 290 |  |  | $ | 305 |  |  | $ | 223 |  |  | $ | (97) |  |  |  | $ | 721 |

SEMPRA
Table F (Continued)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Nine months ended September 30, 2024 | Sempra California |  | Sempra Texas Utilities |  | Sempra Infrastructure |  | Consolidating Adjustments, Parent & Other |  |  | Total
Revenues | $ | 8,022 |  |  | $ | — |  |  | $ | 1,466 |  |  | $ | (61) |  |  |  | $ | 9,427 |
Cost of sales and other expenses | (4,745) |  |  | (4) |  |  | (939) |  |  | (12) |  |  |  | (5,700) |
Depreciation and amortization | (1,585) |  |  | — |  |  | (221) |  |  | (5) |  |  |  | (1,811) |
Other income, net | 159 |  |  | — |  |  | 2 |  |  | 33 |  |  |  | 194 |
Net interest (expense) income | (615) |  |  | (1) |  |  | 19 |  |  | (300) |  |  |  | (897) |
Income tax (expense) benefit | (90) |  |  | (1) |  |  | 67 |  |  | 87 |  |  |  | 63 |
Equity earnings | — |  |  | 652 |  |  | 583 |  |  | — |  |  |  | 1,235 |
Earnings attributable to noncontrolling interests | — |  |  | — |  |  | (325) |  |  | — |  |  |  | (325) |
Preferred dividends | (1) |  |  | — |  |  | — |  |  | (33) |  |  |  | (34) |
Earnings (losses) attributable to common shares | $ | 1,145 |  |  | $ | 646 |  |  | $ | 652 |  |  | $ | (291) |  |  |  | $ | 2,152 |
Nine months ended September 30, 2023 | Sempra California |  | Sempra Texas Utilities |  | Sempra Infrastructure |  | Consolidating Adjustments, Parent & Other |  |  | Total
Revenues | $ | 10,840 |  |  | $ | — |  |  | $ | 2,485 |  |  | $ | (96) |  |  |  | $ | 13,229 |
Cost of sales and other expenses | (7,601) |  |  | (5) |  |  | (981) |  |  | 44 |  |  |  | (8,543) |
Depreciation and amortization | (1,435) |  |  | — |  |  | (210) |  |  | (6) |  |  |  | (1,651) |
Other income (expense), net | 66 |  |  | — |  |  | 11 |  |  | (2) |  |  |  | 75 |
Net interest expense | (558) |  |  | — |  |  | (102) |  |  | (275) |  |  |  | (935) |
Income tax (expense) benefit | (64) |  |  | — |  |  | (555) |  |  | 120 |  |  |  | (499) |
Equity earnings | — |  |  | 553 |  |  | 533 |  |  | — |  |  |  | 1,086 |
Earnings attributable to noncontrolling interests | — |  |  | — |  |  | (435) |  |  | — |  |  |  | (435) |
Preferred dividends | (1) |  |  | — |  |  | — |  |  | (33) |  |  |  | (34) |
Earnings (losses) attributable to common shares | $ | 1,247 |  |  | $ | 548 |  |  | $ | 746 |  |  | $ | (248) |  |  |  | $ | 2,293 |