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v3.25.0.1

STATEMENTS OF OPERATIONS - SCG - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Operating expenses: |  |  |
Aliso Canyon litigation and regulatory matters | $ 0 | $ 0 | $ 259
Other income (expense), net | 136 | 131 | 24
Interest income | 61 | 89 | 75
Interest expense | (1,049) | (1,309) | (1,054)
Income before income taxes and equity earnings | 2,110 | 2,627 | 1,343
Income tax (expense) benefit | (219) | (490) | (556)
Net income | 3,500 | 3,618 | 2,285
Preferred dividends | (44) | (44) | (44)
Earnings attributable to common shares | 2,817 | 3,030 | 2,094
SoCalGas |  |  |
Operating Revenue | 6,209 | 8,289 | 6,840
Operating expenses: |  |  |
Cost of natural gas | 959 | 3,264 | 2,233
Operation and maintenance | 2,791 | 2,821 | 2,402
Aliso Canyon litigation and regulatory matters | 0 | 0 | 259
Depreciation and amortization | 910 | 839 | 761
Franchise fees and other taxes | 273 | 278 | 247
Total operating expenses | 4,933 | 7,202 | 5,902
Operating income (loss) | 1,276 | 1,087 | 938
Other income (expense), net | 25 | (4) | (8)
Interest income | 9 | 9 | 6
Interest expense | (323) | (285) | (198)
Income before income taxes and equity earnings | 987 | 807 | 738
Income tax (expense) benefit | (31) | 5 | (138)
Net income | 956 | 812 | 600
Preferred dividends | (1) | (1) | (1)
Earnings attributable to common shares | $ 955 | $ 811 | $ 599

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