| SEMPRA ENERGY | |||||||||||||||||||||||||||||||||
| Table F (Unaudited) | |||||||||||||||||||||||||||||||||
| STATEMENTS OF OPERATIONS DATA BY SEGMENT | |||||||||||||||||||||||||||||||||
| Three months ended June 30, 2017 | |||||||||||||||||||||||||||||||||
| (Dollars in millions) | SDG&E | SoCalGas | Sempra South American Utilities | Sempra Mexico | Sempra Renewables | Sempra LNG & Midstream | Consolidating Adjustments, Parent & Other | Total | |||||||||||||||||||||||||
| Revenues | $ | 1,058 | $ | 770 | $ | 381 | $ | 273 | $ | 26 | $ | 122 | $ | (97 | ) | $ | 2,533 | ||||||||||||||||
| Cost of sales and other expenses | (651 | ) | (549 | ) | (294 | ) | (130 | ) | (20 | ) | (71 | ) | 78 | (1,637 | ) | ||||||||||||||||||
| Depreciation and amortization | (166 | ) | (126 | ) | (13 | ) | (37 | ) | (10 | ) | (11 | ) | (5 | ) | (368 | ) | |||||||||||||||||
| Impairment loss | — | — | — | (71 | ) | — | — | — | (71 | ) | |||||||||||||||||||||||
| Equity earnings, before income tax | — | — | — | — | 16 | 2 | — | 18 | |||||||||||||||||||||||||
| Other income, net | 15 | 9 | 2 | 60 | 1 | — | 4 | 91 | |||||||||||||||||||||||||
Income (loss) before interest and tax (1) | 256 | 104 | 76 | 95 | 13 | 42 | (20 | ) | 566 | ||||||||||||||||||||||||
Net interest (expense) income (2) | (49 | ) | (27 | ) | (5 | ) | (17 | ) | (2 | ) | 3 | (55 | ) | (152 | ) | ||||||||||||||||||
| Income tax (expense) benefit | (54 | ) | (19 | ) | (20 | ) | (102 | ) | 5 | (18 | ) | 41 | (167 | ) | |||||||||||||||||||
| (Earnings) losses attributable to noncontrolling interests | (4 | ) | — | (6 | ) | 15 | 7 | — | — | 12 | |||||||||||||||||||||||
| Earnings (losses) | $ | 149 | $ | 58 | $ | 45 | $ | (9 | ) | $ | 23 | $ | 27 | $ | (34 | ) | $ | 259 | |||||||||||||||
| Three months ended June 30, 2016 | |||||||||||||||||||||||||||||||||
| (Dollars in millions) | SDG&E | SoCalGas | Sempra South American Utilities | Sempra Mexico | Sempra Renewables | Sempra LNG & Midstream | Consolidating Adjustments, Parent & Other | Total | |||||||||||||||||||||||||
| Revenues | $ | 992 | $ | 617 | $ | 385 | $ | 147 | $ | 6 | $ | 90 | $ | (81 | ) | $ | 2,156 | ||||||||||||||||
| Cost of sales and other expenses | (664 | ) | (495 | ) | (306 | ) | (86 | ) | (13 | ) | (336 | ) | 66 | (1,834 | ) | ||||||||||||||||||
| Depreciation and amortization | (158 | ) | (112 | ) | (14 | ) | (15 | ) | (2 | ) | (12 | ) | (1 | ) | (314 | ) | |||||||||||||||||
| Impairment loss | — | (21 | ) | — | — | — | — | — | (21 | ) | |||||||||||||||||||||||
| Equity earnings, before income tax | — | — | — | — | 11 | 3 | — | 14 | |||||||||||||||||||||||||
| Other income (expense), net | 13 | 6 | 5 | (15 | ) | 1 | 1 | 12 | 23 | ||||||||||||||||||||||||
Income (loss) before interest and tax (1) | 183 | (5 | ) | 70 | 31 | 3 | (254 | ) | (4 | ) | 24 | ||||||||||||||||||||||
Net interest (expense) income (2) | (48 | ) | (25 | ) | (6 | ) | (3 | ) | — | 7 | (62 | ) | (137 | ) | |||||||||||||||||||
| Income tax (expense) benefit | (48 | ) | 29 | (15 | ) | 12 | 9 | 99 | 20 | 106 | |||||||||||||||||||||||
| Equity earnings, net of income tax | — | — | — | 33 | — | — | — | 33 | |||||||||||||||||||||||||
| Losses (earnings) attributable to noncontrolling interests | 13 | — | (6 | ) | (16 | ) | — | (1 | ) | — | (10 | ) | |||||||||||||||||||||
| Earnings (losses) | $ | 100 | $ | (1 | ) | $ | 43 | $ | 57 | $ | 12 | $ | (149 | ) | $ | (46 | ) | $ | 16 | ||||||||||||||
| (1) | Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments’ performance because it can be used to evaluate the effectiveness of our operations exclusive of | ||||||||||||||||||||||||||||||||
| interest and income tax, neither of which is directly relevant to the efficiency of those operations. | |||||||||||||||||||||||||||||||||
| (2) | Includes interest income, interest expense and preferred dividends of subsidiary. | ||||||||||||||||||||||||||||||||
| SEMPRA ENERGY | |||||||||||||||||||||||||||||||||
| Table F (Unaudited) | |||||||||||||||||||||||||||||||||
| STATEMENTS OF OPERATIONS DATA BY SEGMENT | |||||||||||||||||||||||||||||||||
| Six months ended June 30, 2017 | |||||||||||||||||||||||||||||||||
| (Dollars in millions) | SDG&E | SoCalGas | Sempra South American Utilities | Sempra Mexico | Sempra Renewables | Sempra LNG & Midstream | Consolidating Adjustments, Parent & Other | Total | |||||||||||||||||||||||||
| Revenues | $ | 2,115 | $ | 2,011 | $ | 793 | $ | 537 | $ | 48 | $ | 254 | $ | (194 | ) | $ | 5,564 | ||||||||||||||||
| Cost of sales and other expenses | (1,267 | ) | (1,349 | ) | (620 | ) | (251 | ) | (35 | ) | (199 | ) | 159 | (3,562 | ) | ||||||||||||||||||
| Depreciation and amortization | (329 | ) | (252 | ) | (26 | ) | (73 | ) | (19 | ) | (21 | ) | (8 | ) | (728 | ) | |||||||||||||||||
| Impairment loss | — | — | — | (71 | ) | — | — | — | (71 | ) | |||||||||||||||||||||||
| Equity earnings, before income tax | — | — | — | — | 18 | 3 | — | 21 | |||||||||||||||||||||||||
| Other income, net | 33 | 20 | 5 | 187 | 1 | 1 | 13 | 260 | |||||||||||||||||||||||||
Income (loss) before interest and tax (1) | 552 | 430 | 152 | 329 | 13 | 38 | (30 | ) | 1,484 | ||||||||||||||||||||||||
Net interest (expense) income (2) | (98 | ) | (52 | ) | (9 | ) | (47 | ) | (5 | ) | 9 | (113 | ) | (315 | ) | ||||||||||||||||||
| Income tax (expense) benefit | (144 | ) | (117 | ) | (39 | ) | (244 | ) | 16 | (19 | ) | 85 | (462 | ) | |||||||||||||||||||
| Equity earnings (losses), net of income tax | — | — | 1 | (9 | ) | — | — | — | (8 | ) | |||||||||||||||||||||||
| (Earnings) losses attributable to noncontrolling interests | (6 | ) | — | (13 | ) | 10 | 10 | — | — | 1 | |||||||||||||||||||||||
| Earnings (losses) | $ | 304 | $ | 261 | $ | 92 | $ | 39 | $ | 34 | $ | 28 | $ | (58 | ) | $ | 700 | ||||||||||||||||
| Six months ended June 30, 2016 | |||||||||||||||||||||||||||||||||
| (Dollars in millions) | SDG&E | SoCalGas | Sempra South American Utilities | Sempra Mexico | Sempra Renewables | Sempra LNG & Midstream | Consolidating Adjustments, Parent & Other | Total | |||||||||||||||||||||||||
| Revenues | $ | 1,983 | $ | 1,650 | $ | 785 | $ | 285 | $ | 13 | $ | 220 | $ | (158 | ) | $ | 4,778 | ||||||||||||||||
| Cost of sales and other expenses | (1,260 | ) | (1,111 | ) | (635 | ) | (168 | ) | (26 | ) | (490 | ) | 128 | (3,562 | ) | ||||||||||||||||||
| Depreciation and amortization | (317 | ) | (234 | ) | (27 | ) | (32 | ) | (3 | ) | (25 | ) | (4 | ) | (642 | ) | |||||||||||||||||
| Impairment losses | — | (22 | ) | — | — | — | — | — | (22 | ) | |||||||||||||||||||||||
| Equity earnings (losses), before income tax | — | — | — | — | 18 | (26 | ) | — | (8 | ) | |||||||||||||||||||||||
| Other income (expense), net | 27 | 16 | 7 | (4 | ) | 1 | 1 | 24 | 72 | ||||||||||||||||||||||||
Income (loss) before interest and tax (1) | 433 | 299 | 130 | 81 | 3 | (320 | ) | (10 | ) | 616 | |||||||||||||||||||||||
Net interest (expense) income (2) | (96 | ) | (47 | ) | (10 | ) | (5 | ) | 1 | 11 | (128 | ) | (274 | ) | |||||||||||||||||||
Income tax (expense) benefit (3) | (113 | ) | (54 | ) | (29 | ) | (28 | ) | 22 | 128 | 72 | (2 | ) | ||||||||||||||||||||
| Equity earnings, net of income tax | — | — | 2 | 48 | — | — | — | 50 | |||||||||||||||||||||||||
| Losses (earnings) attributable to noncontrolling interests | 12 | — | (12 | ) | (21 | ) | — | — | — | (21 | ) | ||||||||||||||||||||||
Earnings (losses) (3) | $ | 236 | $ | 198 | $ | 81 | $ | 75 | $ | 26 | $ | (181 | ) | $ | (66 | ) | $ | 369 | |||||||||||||||
| (1) | Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments’ performance because it can be used to evaluate the effectiveness of our operations exclusive of | ||||||||||||||||||||||||||||||||
| interest and income tax, neither of which is directly relevant to the efficiency of those operations. | |||||||||||||||||||||||||||||||||
| (2) | Includes interest income, interest expense and preferred dividends of subsidiary. | ||||||||||||||||||||||||||||||||
| (3) | As adjusted for the adoption of ASU 2016-09 as of January 1, 2016. | ||||||||||||||||||||||||||||||||
