SEMPRA ENERGY SRE Income Statement

Sempra energy (SRE)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
REVENUES
Utilities operating revenue
9,598	9,448	9,235	8,939	8,864	8,539	7,230	7,405	7,782	8,290	9,733	9,720	9,517	9,261	9,186	9,135	9,274	9,254	9,208	9,458	9,695	9,758	9,738	9,498	9,460	9,309	9,231	9,178	8,684	8,441	8,488	8,383	8,467	8,322	7,881	7,425	7,053	7,019	0	0	0
Energy-related businesses
1,362	1,381	1,477	1,580	1,600	1,563	1,443	1,382	1,363	1,350	1,380	1,249	1,075	922	828	825	897	977	1,069	1,153	1,227	1,277	1,255	1,231	1,242	1,248	1,289	1,298	1,230	1,206	1,095	1,269	1,518	1,714	1,896	1,892	1,850	1,984	0	0	0
Total revenues
10,960	10,829	10,712	10,519	10,464	10,102	8,673	8,787	9,145	9,640	11,113	10,969	10,592	10,183	10,014	9,960	10,171	10,231	10,277	10,611	10,922	11,035	10,993	10,729	10,702	10,557	10,520	10,476	9,914	9,647	9,583	9,652	9,985	10,036	9,777	9,317	8,903	9,003	0	0	0
Litigation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-169	0	0	0
Operation and maintenance
3,585	3,466	3,390	3,337	3,241	3,150	2,996	2,963	2,969	2,947	3,092	3,036	2,994	2,976	2,924	2,922	2,929	2,886	2,876	2,901	2,917	2,935	2,964	2,936	2,947	2,995	2,988	3,022	3,009	2,956	2,952	2,911	2,857	2,825	2,720	2,619	2,562	2,499	0	0	0
Depreciation, Depletion and Amortization, Nonproduction
1,598	1,569	1,550	1,514	1,502	1,491	1,445	1,457	1,448	1,436	1,448	1,398	1,344	1,312	1,295	1,282	1,275	1,250	1,215	1,192	1,173	1,156	1,151	1,145	1,104	1,113	1,115	1,109	1,128	1,090	1,050	1,021	1,003	976	952	919	886	866	0	0	0
Franchise fees and other taxes
503	496	489	493	485	472	463	446	443	436	436	430	425	426	424	427	427	423	421	414	410	408	392	384	373	374	378	371	369	359	348	343	344	343	343	335	332	327	0	0	0
Operating expenses
Impairment losses
-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of wildfire regulatory asset
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Plant closure adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26	-2	-2	-2	6	-13	-13	187	200	200	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Loss Contingency Accrual, Provision
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets
-	-	0	0	-	-	0	0	-	-	-	-	-	-	0	-	-	-	0	0	-	62	49	69	67	114	113	81	0	-	0	0	-	-	-	-	-	-	-	-	-
Other (expense) income, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity earnings, before income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	29	50	63	104	98	87	83	81	72	53	38	31	77	-20	-321	-319	-342	-270	20	9	221	-30	-35	-21	0	0	0
Remeasurement of equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
Equity (losses) earnings before income tax, Rockies Express
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-
Nonoperating Income (Expense)
-	-	-17	86	-	-	103	47	211	-	362	348	263	138	136	122	136	126	107	124	136	137	179	166	143	140	114	142	134	172	181	149	162	130	144	198	175	140	0	0	0
Interest income
93	87	83	80	77	85	64	57	47	24	33	28	26	26	25	24	28	29	30	30	25	22	20	19	18	20	25	25	25	24	19	20	28	26	24	23	15	16	0	0	0
Interest expense
1,097	1,077	1,027	970	940	886	785	728	659	622	625	596	579	553	566	573	570	561	552	553	552	554	564	557	557	559	554	543	518	493	473	465	470	465	457	450	435	436	0	0	0
Income from continuing operations before income taxes and equity earnings
1,630	1,734	2,194	2,091	622	714	-151	-491	1,089	1,248	1,653	2,630	2,121	1,824	1,757	1,045	1,553	1,704	1,586	1,763	1,743	1,524	1,558	1,543	1,465	1,430	1,391	1,288	938	943	1,040	1,099	1,737	1,723	1,629	1,340	991	787	0	0	0
Income tax benefit (expense)
66	315	322	400	-249	-49	339	116	885	938	483	849	576	389	349	82	286	341	285	341	336	300	330	376	315	366	338	270	120	59	153	179	397	394	337	230	189	133	0	0	0
Equity earnings
742	580	611	419	297	175	95	34	56	72	41	47	62	84	90	98	87	85	80	60	47	38	33	34	26	24	20	22	29	36	36	32	32	52	52	42	61	49	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
2,306	1,999	2,483	2,110	1,168	938	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
485	363	343	141	118	188	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
2,791	2,362	2,826	2,251	1,286	1,126	-289	-521	257	351	1,211	1,828	1,607	1,519	1,498	1,061	1,354	1,448	1,381	1,482	1,454	1,262	1,261	1,201	1,176	1,088	1,073	1,040	847	920	923	952	1,372	1,381	1,344	1,152	863	703	0	0	0
Earnings attributable to noncontrolling interests
274	164	210	174	134	76	62	83	66	94	74	126	148	148	137	74	88	98	103	104	102	100	114	101	100	79	52	50	40	55	65	74	51	42	39	4	-4	-16	0	0	0
Mandatory convertible preferred stock dividends
1	1	19	19	9	1	90	54	29	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Call premium on preferred stock of subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Preferred dividends of subsidiary
-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	5	6	6	6	6	7	6	8	8	9	10	10	10	0	0	0
Earnings attributable to common shares
2,374	2,055	2,472	1,933	1,018	924	-441	-658	162	256	1,136	1,701	1,458	1,370	1,360	986	1,265	1,349	1,277	1,377	1,351	1,161	1,146	1,094	1,070	1,001	1,012	984	801	859	851	872	1,313	1,331	1,296	1,138	857	709	0	0	0
Basic EPS:
Earnings (losses) from continuing operations attributable to common shares (in usd per share)
2.35	1.36	2.04	1.03	1.79	3.06	0.83	-2.29	1.26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from discontinued operations attributable to common shares (in usd per share)
0.25	0.22	0.89	0.26	-0.19	0.16	0.17	0.18	0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings attributable to common shares (in usd per share)
2.60	1.58	2.93	1.29	1.60	3.22	1.00	-2.11	1.34	-2.00	0.23	1.03	1.76	1.53	2.48	0.06	1.41	1.48	1.00	1.19	1.76	1.20	1.41	1.10	1.01	1.16	1.21	1.00	0.73	1.21	1.11	0.26	0.98	1.18	1.21	2.10	1.06	1.04	0.53	0.90	0.43
Weighted-average common shares outstanding
292	284	277	274	274	274	273	265	257	251	251	251	251	250	250	250	249	248	248	248	247	246	246	245	245	244	244	243	243	241	241	241	240	239	239	239	240	239	246	246	246
Diluted EPS:
Earnings (losses) from continuing operations attributable to common shares (in usd per share)
2.30	1.34	2.00	1.01	1.78	3.06	0.82	-2.29	1.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from discontinued operations attributable to common shares (in usd per share)
0.23	0.26	0.84	0.25	-0.19	0.15	0.17	0.18	0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from continuing operations attributable to common shares (n usd per share)
2.53	1.60	2.84	1.26	1.59	3.21	0.99	-2.11	1.33	-1.99	0.22	1.03	1.75	1.54	2.46	0.06	1.40	1.47	0.99	1.17	1.74	1.17	1.39	1.08	0.99	1.12	1.19	0.98	0.72	1.17	1.09	0.25	0.97	1.17	1.20	2.09	1.05	1.02	0.53	0.89	0.42
Weighted-average common share outstanding, diluted
313	275	295	279	277	278	275	265	259	250	253	252	252	248	252	252	251	249	251	251	251	252	250	250	249	252	249	248	247	250	245	246	243	241	241	240	241	241	249	249	250
Dividends declared per share of common stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	0.83	0.82	-	0.76	0.75	0.76	-	0.70	0.70	0.70	-	0.66	0.66	0.66	-	0.63	0.63	0.63	-	0.60	0.60	0.60	-	0.48	0.48	0.48	0.39	0.39	0.39	0.39
San Diego Gas and Electric Company [Member]
Electric
4,377	4,267	4,173	4,094	4,059	4,003	3,997	3,936	3,944	3,935	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas
672	658	656	607	599	565	533	531	530	541	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Utilities operating revenue
5,049	4,925	4,829	4,701	4,658	4,568	4,530	4,467	4,474	4,476	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of electric fuel and purchased power
1,167	1,194	1,259	1,296	1,354	1,370	1,344	1,313	1,306	1,293	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of natural gas
157	176	178	185	181	152	142	141	149	164	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operation and maintenance
1,205	1,181	1,154	1,121	1,096	1,058	1,060	1,051	1,041	1,024	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Utilities Operating Expense, Depreciation and Amortization
775	760	750	728	708	688	680	676	673	670	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Franchise fees and other taxes
305	301	293	299	295	290	285	274	271	265	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of wildfire regulatory asset
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
3,609	3,612	3,634	3,629	3,634	3,558	3,511	3,806	3,791	3,767	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
1,440	1,313	1,195	1,072	1,024	1,010	1,019	661	683	709	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss Contingency Accrual, Provision
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (expense) income, net
48	39	39	44	50	56	86	82	76	70	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
4	4	4	4	4	4	3	2	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
409	411	371	321	272	221	213	210	206	203	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations before income taxes and equity earnings
1,083	945	867	799	806	849	895	535	554	576	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax benefit (expense)
224	171	133	115	122	173	234	109	121	155	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
859	774	734	684	684	676	661	426	433	421	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings attributable to noncontrolling interests
6	7	4	12	9	7	9	7	11	14	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings attributable to common shares
853	767	730	672	675	669	652	419	422	407	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Southern California Gas Company [Member]
Utilities operating revenue
4,559	4,525	4,404	4,231	4,197	3,962	3,384	0	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of natural gas
800	977	1,045	1,168	1,214	1,048	948	877	906	1,025	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operation and maintenance
1,913	1,780	1,744	1,711	1,639	1,613	1,567	1,533	1,502	1,474	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Utilities Operating Expense, Depreciation and Amortization
614	602	591	578	568	556	545	536	524	515	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Franchise fees and other taxes
176	173	175	170	162	154	148	144	145	144	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment losses
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
3,540	3,569	3,592	3,627	3,583	3,371	3,208	3,090	3,077	3,158	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
1,019	956	812	604	614	591	582	582	593	627	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Asset Impairment Charges
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (expense) income, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nonoperating Income (Expense)
-	-	-16	-14	-	-	29	39	50	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
3	2	1	2	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
147	141	137	130	122	115	107	104	104	102	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations before income taxes and equity earnings
834	762	661	462	492	493	505	519	540	557	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax benefit (expense)
153	120	67	25	52	92	132	125	121	160	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
681	642	594	437	440	401	373	394	419	397	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends
-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings attributable to common shares
680	641	593	436	439	400	372	393	418	396	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas [Member]
Operating expenses
945	1,139	1,215	1,348	1,391	1,208	1,069	1,004	1,053	1,190	1,268	1,286	1,241	1,067	1,050	1,043	1,099	1,134	1,236	1,328	1,484	1,758	1,772	1,740	1,710	1,646	1,608	1,559	1,415	1,290	1,363	1,473	1,655	1,866	1,935	1,918	1,896	2,012	0	0	0
Electric fuel and purchased power [Member]
Operating expenses
1,161	1,188	1,250	1,286	1,343	1,358	600	804	1,037	1,293	2,238	2,192	2,200	2,188	2,171	2,233	2,170	2,136	2,165	2,179	2,252	2,281	2,232	2,089	1,995	1,932	1,969	1,947	1,819	1,760	1,673	1,566	1,614	1,397	1,133	928	660	637	0	0	0
Energy-related businesses [Member]
Operating expenses
295	344	364	389	396	357	323	301	293	291	290	288	288	277	286	282	293	335	387	459	512	552	537	494	462	435	460	476	463	481	398	514	645	746	894	915	938	1,046	0	0	0
Other cost of sales [Member]
Operating expenses
-	-	-	-	-	-	-	-	-	-	110	121	309	322	330	332	148	148	152	160	160	163	156	161	168	178	186	182	174	159	131	156	147	137	144	98	86	88	0	0	0