Please wait

.2

SEMPRA
Table F
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
			Sempra California						Sempra Texas Utilities(1)						Sempra Infrastructure						Segment Totals						Consolidating Adjustments, Parent & Other						Total
			Three months ended December 31, 2025
Revenues			$	3,314											$	454					$	3,768					$	(19)					$	3,749
Operation and maintenance			(1,093)												(221)						(1,314)						(36)						(1,350)
Depreciation and amortization			(605)												(3)						(608)						—						(608)
Interest income			1												32						33						5						38
Interest expense(2)			(239)												59						(180)						(157)						(337)
Income tax benefit (expense)			103												(155)						(52)						62						10
Equity earnings									$	204					210						414												414
Earnings attributable to noncontrolling interests															(135)						(135)												(135)
Losses attributable to contingently redeemable noncontrolling interest															3						3												3
Other segment items(3)			(1,406)						(3)						(42)						(1,451)						19						(1,432)
Earnings (losses) attributable to common shares			$	75					$	201					$	202					$	478					$	(126)					$	352
			Three months ended December 31, 2024
Revenues			$	3,360											$	416					$	3,776					$	(18)					$	3,758
Operation and maintenance			(1,208)												(242)						(1,450)						(15)						(1,465)
Depreciation and amortization			(548)												(76)						(624)						(2)						(626)
Interest income			2												6						8						6						14
Interest expense			(221)												243						22						(127)						(105)
Income tax (expense) benefit			(94)												97						3						(285)						(282)
Equity earnings									$	136					219						355						19						374
Earnings attributable to noncontrolling interests															(313)						(313)												(313)
Other segment items(3)			(590)						(1)						(91)						(682)						(8)						(690)
Earnings (losses) attributable to common shares			$	701					$	135					$	259					$	1,095					$	(430)					$	665

(1)    Substantially all earnings attributable to common shares are from equity earnings.

(2)    Sempra Infrastructure includes net unrealized gains (losses) from undesignated interest rate swaps related to the PA LNG Phase 1 project.

(3)    Includes cost of natural gas, cost of electric fuel and purchased power, regulatory disallowances, franchise fees and other taxes, and other income (expense), net, for Sempra California; operation and maintenance (O&M) and income tax (expense) benefit for Sempra Texas Utilities related to activities at the holding company; and cost of natural gas, energy-related businesses cost of sales, franchise fees and other taxes, and other income (expense), net, for Sempra Infrastructure.

---

SEMPRA
Table F (Continued)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
			Sempra California						Sempra Texas Utilities(1)						Sempra Infrastructure						Segment Totals						Consolidating Adjustments, Parent & Other						Total
			Year ended December 31, 2025
Revenues			$	11,818											$	1,965					$	13,783					$	(81)					$	13,702
Operation and maintenance			(4,315)												(865)						(5,180)						(101)						(5,281)
Depreciation and amortization			(2,332)												(226)						(2,558)						(5)						(2,563)
Interest income			8												66						74						29						103
Interest expense(2)			(926)												(28)						(954)						(578)						(1,532)
Income tax benefit (expense)			166												(1,200)						(1,034)						333						(701)
Equity earnings									$	869					735						1,604												1,604
Earnings attributable to noncontrolling interests															(238)						(238)												(238)
Losses attributable to contingently redeemable noncontrolling interest															3						3												3
Other segment items(3)			(2,991)						(8)						(372)						(3,371)						70						(3,301)
Earnings (losses) attributable to common shares			$	1,428					$	861					$	(160)					$	2,129					$	(333)					$	1,796
			Year ended December 31, 2024
Revenues			$	11,382											$	1,882					$	13,264					$	(79)					$	13,185
Operation and maintenance			(4,398)												(858)						(5,256)						(80)						(5,336)
Depreciation and amortization			(2,133)												(297)						(2,430)						(7)						(2,437)
Interest income			14												25						39						22						61
Interest expense			(848)												243						(605)						(444)						(1,049)
Income tax (expense) benefit			(184)												164						(20)						(199)						(219)
Equity earnings									$	788					802						1,590						19						1,609
Earnings attributable to noncontrolling interests															(638)						(638)												(638)
Other segment items(3)			(1,987)						(7)						(412)						(2,406)						47						(2,359)
Earnings (losses) attributable to common shares			$	1,846					$	781					$	911					$	3,538					$	(721)					$	2,817

(1)    Substantially all earnings attributable to common shares are from equity earnings.

(2)    Sempra Infrastructure includes net unrealized gains (losses) from undesignated interest rate swaps related to the PA LNG Phase 1 project.

(3)    Includes cost of natural gas, cost of electric fuel and purchased power, regulatory disallowances, franchise fees and other taxes, other income (expense), net, and preferred dividends for Sempra California; O&M, interest expense, and income tax (expense) benefit for Sempra Texas Utilities related to activities at the holding company; and cost of natural gas, energy-related businesses cost of sales, franchise fees and other taxes, and other income (expense), net, for Sempra Infrastructure.