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DERIVATIVE FINANCIAL INSTRUMENTS - DERIVATIVE IMPACT ON INCOME (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2026 | Jun. 30, 2025 | Jun. 30, 2026 | Jun. 30, 2025
Derivative [Line Items] |  |  |  |
Pretax gain (loss) reclassified from AOCI into earnings | $ 39 | $ (40) | $ 43 | $ (77)
Pretax gain (loss) on derivatives recognized in earnings | (41) | (1) | (32) | (1)
Derivatives designated as hedging instruments: |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) recognized in OCI | 40 | (42) | 51 | (83)
Pretax gain (loss) reclassified from AOCI into earnings | 0 | 0 | 6 | 3
Derivatives designated as hedging instruments: | Income Statement Location [Axis]: us-gaap:IncomeLossFromEquityMethodInvestments | Cash Flow Hedging | Interest rate instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) recognized in OCI | 17 | (13) | 24 | (33)
Pretax gain (loss) reclassified from AOCI into earnings | (1) | (1) | 0 | 4
Derivatives designated as hedging instruments: | Income Statement Location [Axis]: us-gaap:IncomeLossFromEquityMethodInvestments | Cash Flow Hedging | Foreign exchange instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) recognized in OCI | (1) | (5) | 1 | (9)
Pretax gain (loss) reclassified from AOCI into earnings | (1) | 1 | 1 | (1)
Derivatives designated as hedging instruments: | Income Statement Location [Axis]: us-gaap:IncomeLossFromEquityMethodInvestments | Fair Value Hedging | Foreign exchange instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) recognized in OCI | 22 | (16) | 20 | (25)
Pretax gain (loss) reclassified from AOCI into earnings | 0 | 0 | 0 | 0
Derivatives designated as hedging instruments: | Income Statement Location [Axis]: us-gaap:InterestExpenseNonoperating | Cash Flow Hedging | Interest rate instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) recognized in OCI | 2 | (3) | 4 | (6)
Pretax gain (loss) reclassified from AOCI into earnings | 2 | 0 | 3 | 2
Derivatives designated as hedging instruments: | Income Statement Location [Axis]: us-gaap:OtherNonoperatingIncomeExpense | Cash Flow Hedging | Foreign exchange instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) reclassified from AOCI into earnings | (1) | (1) | (1) | (1)
Derivatives designated as hedging instruments: | Income Statement Location [Axis]: us-gaap:UnregulatedOperatingRevenue | Cash Flow Hedging | Foreign exchange instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) recognized in OCI | 0 | (5) | 2 | (10)
Pretax gain (loss) reclassified from AOCI into earnings | 1 | 1 | 3 | (1)
Derivatives not designated as hedging instruments: |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) on derivatives recognized in earnings | 193 | 37 | 285 | (35)
Derivatives not designated as hedging instruments: | Interest rate instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) on derivatives recognized in earnings | $ 21 | $ 9 | $ 32 | $ (56)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest Expense, Nonoperating | Interest Expense, Nonoperating | Interest Expense, Nonoperating | Interest Expense, Nonoperating
Derivatives not designated as hedging instruments: | Foreign exchange instruments |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) on derivatives recognized in earnings | $ (40) | $ 0 | $ (31) | $ 0
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Other income, net | Other income, net | Other income, net | Other income, net
Derivatives not designated as hedging instruments: | Commodity contracts not subject to rate recovery |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) on derivatives recognized in earnings | $ 135 | $ 33 | $ 235 | $ 39
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Unregulated Operating Revenue | Unregulated Operating Revenue | Unregulated Operating Revenue | Unregulated Operating Revenue
Derivatives not designated as hedging instruments: | Commodity contracts not subject to rate recovery | Energy-related businesses |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) on derivatives recognized in earnings | $ 77 | $ (2) | $ 55 | $ (2)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Cost of Product and Service Sold | Cost of Product and Service Sold | Cost of Product and Service Sold | Cost of Product and Service Sold
Derivatives not designated as hedging instruments: | Commodity contracts subject to rate recovery | Natural gas |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) on derivatives recognized in earnings | $ (8) | $ (4) | $ (9) | $ (20)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Cost of Product and Service Sold | Cost of Product and Service Sold | Cost of Product and Service Sold | Cost of Product and Service Sold
Derivatives not designated as hedging instruments: | Commodity contracts subject to rate recovery | Electric fuel and purchased power |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) on derivatives recognized in earnings | $ 8 | $ 1 | $ 3 | $ 4
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Cost of Product and Service Sold | Cost of Product and Service Sold | Cost of Product and Service Sold | Cost of Product and Service Sold
Derivatives not designated as hedging instruments: | Commodity contracts subject to rate recovery | SDG&E |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) on derivatives recognized in earnings | $ 8 | $ 1 | $ 3 | $ 4
Derivatives not designated as hedging instruments: | Commodity contracts subject to rate recovery | SoCalGas |  |  |  |
Derivative [Line Items] |  |  |  |
Pretax gain (loss) on derivatives recognized in earnings | $ (8) | $ (4) | $ (9) | $ (20)

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