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REVENUES (Tables)

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following tables disaggregate our revenues from contracts with customers by major service line and market. We also provide a reconciliation to total revenues by segment for Sempra. The majority of our revenue is recognized over time.

DISAGGREGATED REVENUES
(Dollars in millions)
			Sempra
			Sempra California						Sempra Infrastructure						Consolidating adjustments and Parent and other						Sempra
			Year ended December 31, 2024
By major service line:
Utilities			$	11,008					$	78					$	(23)					$	11,063
Energy-related businesses			—						818						(63)						755
Revenues from contracts with customers			$	11,008					$	896					$	(86)					$	11,818
By market:
Gas			$	6,858					$	471					$	(21)					$	7,308
Electric			4,150						425						(65)						4,510
Revenues from contracts with customers			$	11,008					$	896					$	(86)					$	11,818
Revenues from contracts with customers			$	11,008					$	896					$	(86)					$	11,818
Utilities regulatory revenues			374						—						—						374
Other revenues			—						986						7						993
Total revenues			$	11,382					$	1,882					$	(79)					$	13,185
			Year ended December 31, 2023
By major service line:
Utilities			$	13,686					$	87					$	(19)					$	13,754
Energy-related businesses			—						1,164						(70)						1,094
Revenues from contracts with customers			$	13,686					$	1,251					$	(89)					$	14,848
By market:
Gas			$	8,949					$	755					$	(17)					$	9,687
Electric			4,737						496						(72)						5,161
Revenues from contracts with customers			$	13,686					$	1,251					$	(89)					$	14,848
Revenues from contracts with customers			$	13,686					$	1,251					$	(89)					$	14,848
Utilities regulatory revenues			75						—						—						75
Other revenues			—						1,820						(23)						1,797
Total revenues			$	13,761					$	3,071					$	(112)					$	16,720
			Year ended December 31, 2022
By major service line:
Utilities			$	11,944					$	89					$	(15)					$	12,018
Energy-related businesses			—						1,760						(56)						1,704
Revenues from contracts with customers			$	11,944					$	1,849					$	(71)					$	13,722
By market:
Gas			$	7,267					$	1,270					$	(12)					$	8,525
Electric			4,677						579						(59)						5,197
Revenues from contracts with customers			$	11,944					$	1,849					$	(71)					$	13,722
Revenues from contracts with customers			$	11,944					$	1,849					$	(71)					$	13,722
Utilities regulatory revenues			633						—						—						633
Other revenues			—						70						14						84
Total revenues			$	12,577					$	1,919					$	(57)					$	14,439

DISAGGREGATED REVENUES
(Dollars in millions)
			SDG&E																		SoCalGas
			Years ended December 31,
			2024						2023						2022						2024						2023						2022
By major service line:
Revenues from contracts with customers – Utilities			$	5,042					$	5,954					$	5,586					$	6,134					$	7,857					$	6,459
By market:
Gas			$	878					$	1,204					$	899					$	6,134					$	7,857					$	6,459
Electric			4,164						4,750						4,687						—						—						—
Revenues from contracts with customers			$	5,042					$	5,954					$	5,586					$	6,134					$	7,857					$	6,459
Revenues from contracts with customers			$	5,042					$	5,954					$	5,586					$	6,134					$	7,857					$	6,459
Utilities regulatory revenues			299						(357)						252						75						432						381
Total revenues			$	5,341					$	5,597					$	5,838					$	6,209					$	8,289					$	6,840

Schedule of Timing of Remaining Performance Obligations

For contracts greater than one year, at December 31, 2024, we expect to recognize revenue related to the fixed fee component of the consideration as shown below. Sempra’s remaining performance obligations primarily relate to capacity agreements for natural gas storage and transportation at Sempra Infrastructure and transmission line projects at SDG&E. SoCalGas did not have any remaining performance obligations for contracts greater than one year at December 31, 2024.

REMAINING PERFORMANCE OBLIGATIONS
(Dollars in millions)
			Sempra(1)						SDG&E
2025			$	403					$	4
2026			284						4
2027			285						4
2028			239						4
2029			211						4
Thereafter			2,101						52
Total revenues to be recognized			$	3,523					$	72

(1)    Excludes intercompany transactions.

Schedule of Contract Liabilities

Activities within Sempra’s and SDG&E’s contract liabilities are presented below. There were no contract liabilities at SoCalGas in 2024, 2023 or 2022.

CONTRACT LIABILITIES
(Dollars in millions)
			2024						2023						2022
Sempra:
Contract liabilities at January 1			$	(198)					$	(252)					(278)
Revenue from performance obligations satisfied during reporting period			11						14						131
Payments received in advance			(7)						(21)						(105)
Contract modification			(2)						61						—
Contract liabilities at December 31(1)			$	(196)					$	(198)					$	(252)
SDG&E:
Contract liabilities at January 1			$	(75)					$	(79)					$	(83)
Revenue from performance obligations satisfied during reporting period			3						4						4
Contract liabilities at December 31(2)			$	(72)					$	(75)					$	(79)

(1)     Balances at December 31, 2024 and 2023 include $105 and $5, respectively, in Other Current Liabilities and $91 and $193, respectively, in Deferred Credits and Other.

(2)     Balances at December 31, 2024 and 2023 include $4 and $3, respectively, in Other Current Liabilities and $68 and $72, respectively, in Deferred Credits and Other.

Schedule of Contract Accounts Receivable

The table below shows receivable balances, net of allowances for credit losses, associated with revenues from contracts with customers on the Consolidated Balance Sheets.

RECEIVABLES FROM REVENUES FROM CONTRACTS WITH CUSTOMERS
(Dollars in millions)
			December 31,
			2024						2023
Sempra:
Accounts receivable – trade, net(1)			$	1,787					$	1,951
Accounts receivable – other, net			12						15
Due from unconsolidated affiliates – current(2)			4						4
Other long-term assets(3)			18						—
Total			$	1,821					$	1,970
SDG&E:
Accounts receivable – trade, net(1)			$	774					$	870
Accounts receivable – other, net			11						13
Due from unconsolidated affiliates – current(2)			6						6
Other long-term assets(3)			4						—
Total			$	795					$	889
SoCalGas:
Accounts receivable – trade, net			$	932					$	985
Accounts receivable – other, net			1						2
Other long-term assets(3)			14						—
Total			$	947					$	987

(1)     At December 31, 2024 and 2023, includes $144 and $148, respectively, of receivables due from customers that were billed on behalf of CCAs, which are not included in revenues.

(2)     Amount is presented net of amounts due to unconsolidated affiliates on the Consolidated Balance Sheets, when right of offset exists.

(3)     In January 2024, the CPUC directed SDG&E and SoCalGas to offer long-term repayment plans to eligible residential customers with past-due balances.

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

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