Southern California Gas Company PFD 6% (SOCGM) 10-Q 31 Jul 09 2009 Q2 Quarterly report Financial data

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Share data in Thousands	3 Months Ended Jun. 30, 2009	3 Months Ended Jun. 30, 2008		6 Months Ended Jun. 30, 2009	6 Months Ended Jun. 30, 2008
Sempra Energy Consolidated
REVENUES
Sempra Utilities	$1,316	$1,887	[1]	$2,958	$4,177	[1]
Sempra Global and parent	373	616	[1]	839	1,596	[1]
Total revenues	1,689	2,503	[1]	3,797	5,773	[1]
Sempra Utilities:
Cost of natural gas	(249)	(784)	[1]	(789)	(2,019)	[1]
Cost of electric fuel and purchased power	(129)	(220)	[1]	(300)	(383)	[1]
Sempra Global and parent:
Cost of natural gas, electric fuel and purchased power	(187)	(513)	[1]	(455)	(922)	[1]
Other cost of sales	(16)	(17)	[1]	(33)	(153)	[1]
Operation and maintenance	(589)	(549)	[1]	(1,105)	(1,252)	[1]
Depreciation and amortization	(189)	(171)	[1]	(372)	(346)	[1]
Franchise fees and other taxes	(69)	(71)	[1]	(151)	(154)	[1]
Gains on sale of assets	3	109	[1]	3	114	[1]
Write-off of long-lived assets	(132)	0	[1]	(132)	0	[1]
Equity earnings (losses):
RBS Sempra Commodities LLP	126	146	[1]	279	146	[1]
Other	2	9	[1]	9	15	[1]
Other income (expense), net	70	32	[1]	73	51	[1]
Interest income	5	10	[1]	11	24	[1]
Interest expense	(79)	(38)	[1]	(161)	(98)	[1]
Income before income taxes and equity earnings of certain unconsolidated subsidiaries	256	446	[1]	674	796	[1]
Income tax expense	(90)	(202)	[1]	(199)	(329)	[1]
Equity earnings, net of income tax	23	18	[1]	39	39	[1]
Net income	189	262	[1]	514	506	[1]
Earnings attributable to noncontrolling interests	12	(15)	[1]	5	(15)	[1]
Preferred dividends of subsidiaries	(3)	(3)	[1]	(5)	(5)	[1]
Earnings	198	244	[1]	514	486	[1]
Basic earnings per share:
Basic earnings per common share	0.82	0.99	[1]	2.12	1.93	[1]
Basic earnings per share, weighted-average number of shares outstanding (thousands)	242,718	245,576	[1]	242,245	252,100	[1]
Diluted earnings per share:
Diluted earnings per common share	0.8	0.98	[1]	2.09	1.9	[1]
Diluted earnings per share, weighted-average number of shares outstanding (thousands)	247,090	249,677	[1]	246,039	256,169	[1]
Dividends declared per share of common stock	0.39	0.35	[1]	0.78	0.67	[1]
San Diego Gas and Electric Company and Subsidiary
Utility operating revenues
Electric	535	583	[1]	1,088	1,084	[1]
Natural gas	96	171	[1]	275	416	[1]
Total utility operating revenues	631	754	[1]	1,363	1,500	[1]
Utility operating expenses
Utility cost of natural gas	37	113	[1]	124	265	[1]
Utility cost of electric fuel and purchased power	129	220	[1]	300	383	[1]
Utility operation and maintenance	232	195	[1]	413	382	[1]
Utility depreciation and amortization	81	78	[1]	158	155	[1]
Utility franchise fees and other taxes	39	36	[1]	80	74	[1]
Total utility operating expenses	518	642	[1]	1,075	1,259	[1]
Utility operating income	113	112	[1]	288	241	[1]
Equity earnings (losses):
Other income (expense), net	27	20	[1]	44	23	[1]
Interest income	0	2	[1]	0	4	[1]
Interest expense	(21)	(22)	[1]	(46)	(49)	[1]
Income before income taxes and equity earnings of certain unconsolidated subsidiaries	119	112	[1]	286	219	[1]
Income tax expense	(28)	(35)	[1]	(88)	(67)	[1]
Net income	91	77	[1]	198	152	[1]
Earnings attributable to noncontrolling interests	(20)	(15)	[1]	(27)	(15)	[1]
Earnings	71	62	[1]	171	137	[1]
Preferred dividend requirements	(1)	(1)	[1]	(2)	(2)	[1]
Earnings attributable to common shares	70	61	[1]	169	135	[1]
Pacific Enterprises and Subsidiaries
Utility operating revenues
Total utility operating revenues	694	1,143	[1]	1,614	2,699	[1]
Utility operating expenses
Utility cost of natural gas	214	673	[1]	669	1,760	[1]
Utility operation and maintenance	266	265	[1]	517	515	[1]
Utility depreciation and amortization	75	71	[1]	147	142	[1]
Utility franchise fees and other taxes	24	32	[1]	56	71	[1]
Total utility operating expenses	579	1,041	[1]	1,389	2,488	[1]
Utility operating income	115	102	[1]	225	211	[1]
Equity earnings (losses):
Other income (expense), net	4	1	[1]	5	1	[1]
Interest income	2	6	[1]	3	13	[1]
Interest expense	(18)	(15)	[1]	(35)	(32)	[1]
Income before income taxes and equity earnings of certain unconsolidated subsidiaries	103	94	[1]	198	193	[1]
Income tax expense	(40)	(36)	[1]	(76)	(77)	[1]
Net income	63	58	[1]	122	116	[1]
Preferred dividends of subsidiaries	(1)	(1)	[1]	(1)	(1)	[1]
Earnings	62	57	[1]	121	115	[1]
Preferred dividend requirements	(1)	(1)	[1]	(2)	(2)	[1]
Earnings attributable to common shares	61	56	[1]	119	113	[1]
Southern California Gas Company and Subsidiaries
Utility operating revenues
Total utility operating revenues	694	1,143		1,614	2,699
Utility operating expenses
Utility cost of natural gas	214	673		669	1,760
Utility operation and maintenance	265	266		516	515
Utility depreciation and amortization	75	71		147	142
Utility franchise fees and other taxes	24	32		56	71
Total utility operating expenses	578	1,042		1,388	2,488
Utility operating income	116	101		226	211
Equity earnings (losses):
Other income (expense), net	4	2		5	2
Interest income	1	4		2	7
Interest expense	(18)	(14)		(35)	(30)
Income before income taxes and equity earnings of certain unconsolidated subsidiaries	103	93		198	190
Income tax expense	(37)	(36)		(73)	(76)
Net income	66	57		125	114
Earnings	66	57		125	114
Preferred dividend requirements	(1)	(1)		(1)	(1)
Earnings attributable to common shares	$65	$56		$124	$113
[1]As adjusted for the retrospective adoption of SFAS 160 (ASC 810).

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions	Jun. 30, 2009	Dec. 31, 2008
Sempra Energy Consolidated
Current assets:
Cash and cash equivalents	$818	$331
Short-term investments	0	176
Restricted cash	27	27
Trade accounts receivable, net	596	903
Other accounts and notes receivable, net	119	78
Due from unconsolidated affiliates	21	4
Income taxes receivable	114	195
Deferred income taxes	96	31
Inventories	169	320
Regulatory assets	88	121
Fixed-price contracts and other derivatives	100	160
Insurance receivable related to wildfire litigation (Note 10)	940	0
Other current assets	236	130
Total current assets	3,324	2,476
Investments and other assets:
Regulatory assets arising from fixed-price contracts and other derivatives - noncurrent	252	264
Regulatory assets arising from pension and other postretirement benefit obligations	1,212	1,188
Other regulatory assets	558	534
Nuclear decommissioning trusts	580	577
Investment in RBS Sempra Commodities LLP	2,019	2,082
Other investments	1,470	1,166
Goodwill and other intangible assets	529	539
Sundry	565	709
Total investments and other assets	7,185	7,059
Property, plant and equipment:
Property, plant and equipment	23,889	23,153
Less accumulated depreciation and amortization	(6,476)	(6,288)
Property, plant and equipment, net	17,413	16,865
Total assets	27,922	26,400
Current liabilities:
Short-term debt	291	503	[1]
Accounts payable - trade	478	606	[1]
Accounts payable - other	138	250	[1]
Due to unconsolidated affiliates	31	38	[1]
Dividends and interest payable	183	156	[1]
Accrued compensation and benefits	186	280	[1]
Regulatory balancing accounts, net	602	335	[1]
Current portion of long-term debt	624	410	[1]
Fixed-price contracts and other derivatives	115	180	[1]
Customer deposits	149	170	[1]
Reserve for wildfire litigation (Note 10)	940	0	[1]
Other	616	684	[1]
Total current liabilities	4,353	3,612	[1]
Long-term debt	6,723	6,544	[1]
Deferred credits and other liabilities:
Due to unconsolidated affiliate	102	102	[1]
Customer advances for construction	154	155	[1]
Pension and other postretirement benefit obligations, net of plan assets	1,512	1,487	[1]
Deferred income taxes	1,152	946	[1]
Deferred investment tax credits	54	57	[1]
Regulatory liabilities arising from removal obligations	2,453	2,430	[1]
Asset retirement obligations	1,210	1,159	[1]
Other regulatory liabilities	209	219	[1]
Fixed-price contracts and other derivatives	347	392	[1]
Deferred credits and other	842	909	[1]
Total deferred credits and other liabilities	8,035	7,856	[1]
Contingently redeemable preferred stock	79	79	[1]
Equity:
Preferred Stock	0	0	[1]
Common Stock	2,328	2,265	[1]
Retained earnings	6,559	6,235	[1]
Deferred compensation	(15)	(18)	[1]
Accumulated other comprehensive income (loss)	(395)	(513)	[1]
Total shareholders' equity	8,477	7,969	[1]
Preferred stock of subsidiaries	100	100	[1]
Other noncontrolling interests	155	240	[1]
Total equity	8,732	8,309	[1]
Total liabilities and equity	27,922	26,400	[1]
San Diego Gas and Electric Company and Subsidiary
Current assets:
Cash and cash equivalents	187	19
Short-term investments	0	24
Trade accounts receivable, net	221	225
Other accounts and notes receivable, net	69	30
Due from unconsolidated affiliates	1	29
Income taxes receivable	26	22
Deferred income taxes	37	17
Inventories	63	62
Regulatory assets arising from fixed-price contracts and other derivatives - current	68	94
Regulatory assets	6	8
Fixed-price contracts and other derivatives	35	39
Insurance receivable related to wildfire litigation (Note 10)	940	0
Other current assets	62	15
Total current assets	1,715	584
Investments and other assets:
Due from unconsolidated affiliate	3	4
Deferred taxes recoverable in rates	388	369
Regulatory assets arising from fixed-price contracts and other derivatives - noncurrent	252	264
Regulatory assets arising from pension and other postretirement benefit obligations	397	393
Other regulatory assets	56	59
Nuclear decommissioning trusts	580	577
Sundry	41	154
Total investments and other assets	1,717	1,820
Property, plant and equipment:
Property, plant and equipment	9,526	9,095
Less accumulated depreciation and amortization	(2,489)	(2,420)
Property, plant and equipment, net	7,037	6,675
Total assets	10,469	9,079
Current liabilities:
Accounts payable - trade	196	261	[1]
Due to unconsolidated affiliates	55	1	[1]
Accrued compensation and benefits	67	105	[1]
Regulatory balancing accounts, net	232	114	[1]
Current portion of long-term debt	7	2	[1]
Fixed-price contracts and other derivatives	57	77	[1]
Customer deposits	54	53	[1]
Reserve for wildfire litigation (Note 10)	940	0	[1]
Other	152	163	[1]
Total current liabilities	1,760	776	[1]
Long-term debt	2,495	2,142	[1]
Deferred credits and other liabilities:
Customer advances for construction	21	26	[1]
Pension and other postretirement benefit obligations, net of plan assets	422	419	[1]
Deferred income taxes	686	628	[1]
Deferred investment tax credits	25	26	[1]
Regulatory liabilities arising from removal obligations	1,222	1,212	[1]
Asset retirement obligations	566	550	[1]
Fixed-price contracts and other derivatives	291	347	[1]
Deferred credits and other	180	204	[1]
Total deferred credits and other liabilities	3,413	3,412	[1]
Contingently redeemable preferred stock	79	79	[1]
Equity:
Common Stock	1,138	1,138	[1]
Retained earnings	1,436	1,417	[1]
Accumulated other comprehensive income (loss)	(10)	(13)	[1]
Total shareholders' equity	2,564	2,542	[1]
Other noncontrolling interests	158	128	[1]
Total equity	2,722	2,670	[1]
Total liabilities and equity	10,469	9,079	[1]
Pacific Enterprises and Subsidiaries
Current assets:
Cash and cash equivalents	538	206
Trade accounts receivable, net	294	572
Other accounts and notes receivable, net	13	20
Due from unconsolidated affiliates	12	5
Income taxes receivable	11	108
Deferred income taxes	1	0
Inventories	57	167
Regulatory assets	14	18
Other current assets	87	37
Total current assets	1,027	1,133
Investments and other assets:
Due from unconsolidated affiliate	517	457
Regulatory assets arising from pension and other postretirement benefit obligations	816	795
Other regulatory assets	114	105
Sundry	42	49
Total investments and other assets	1,489	1,406
Property, plant and equipment:
Property, plant and equipment	8,975	8,816
Less accumulated depreciation and amortization	(3,509)	(3,448)
Property, plant and equipment, net	5,466	5,368
Total assets	7,982	7,907
Current liabilities:
Accounts payable - trade	142	257	[1]
Accounts payable - other	91	163	[1]
Due to unconsolidated affiliates	111	106	[1]
Deferred income taxes	0	6	[1]
Accrued compensation and benefits	80	92	[1]
Regulatory balancing accounts, net	370	221	[1]
Current portion of long-term debt	100	100	[1]
Customer deposits	94	114	[1]
Other	165	213	[1]
Total current liabilities	1,153	1,272	[1]
Long-term debt	1,269	1,270	[1]
Deferred credits and other liabilities:
Customer advances for construction	132	131	[1]
Pension and other postretirement benefit obligations, net of plan assets	842	823	[1]
Deferred income taxes	197	157	[1]
Deferred investment tax credits	29	30	[1]
Regulatory liabilities arising from removal obligations	1,230	1,218	[1]
Asset retirement obligations	599	581	[1]
Deferred taxes refundable in rates	203	214	[1]
Deferred credits and other	247	251	[1]
Total deferred credits and other liabilities	3,479	3,405	[1]
Equity:
Preferred Stock	80	80	[1]
Common Stock	1,462	1,462	[1]
Retained earnings	545	426	[1]
Accumulated other comprehensive income (loss)	(26)	(28)	[1]
Total shareholders' equity	2,061	1,940	[1]
Preferred stock of subsidiaries	20	20	[1]
Total equity	2,081	1,960	[1]
Total liabilities and equity	7,982	7,907	[1]
Southern California Gas Company and Subsidiaries
Current assets:
Cash and cash equivalents	538	206
Trade accounts receivable, net	294	572
Other accounts and notes receivable, net	13	20
Due from unconsolidated affiliates	7	0
Income taxes receivable	11	41
Deferred income taxes	1	0
Inventories	57	167
Regulatory assets	14	18
Other current assets	87	37
Total current assets	1,022	1,061
Investments and other assets:
Regulatory assets arising from pension and other postretirement benefit obligations	816	795
Other regulatory assets	114	105
Sundry	18	24
Total investments and other assets	948	924
Property, plant and equipment:
Property, plant and equipment	8,973	8,814
Less accumulated depreciation and amortization	(3,509)	(3,448)
Property, plant and equipment, net	5,464	5,366
Total assets	7,434	7,351
Current liabilities:
Accounts payable - trade	142	257
Accounts payable - other	91	163
Due to unconsolidated affiliates	27	23
Deferred income taxes	0	6
Accrued compensation and benefits	80	92
Regulatory balancing accounts, net	370	221
Current portion of long-term debt	100	100
Customer deposits	94	114
Other	164	211
Total current liabilities	1,068	1,187
Long-term debt	1,269	1,270
Deferred credits and other liabilities:
Customer advances for construction	132	131
Pension and other postretirement benefit obligations, net of plan assets	842	823
Deferred income taxes	207	167
Deferred investment tax credits	29	30
Regulatory liabilities arising from removal obligations	1,230	1,218
Asset retirement obligations	599	581
Deferred taxes refundable in rates	203	214
Deferred credits and other	239	240
Total deferred credits and other liabilities	3,481	3,404
Equity:
Preferred Stock	22	22
Common Stock	866	866
Retained earnings	754	630
Accumulated other comprehensive income (loss)	(26)	(28)
Total shareholders' equity	1,616	1,490
Total equity	1,616	1,490
Total liabilities and equity	$7,434	$7,351
[1]As adjusted for the retrospective adoption of SFAS 160 (ASC 810).

1_CONDENSED CONSOLIDATED BALANC

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)
Share data in Millions	Jun. 30, 2009	Dec. 31, 2008
Sempra Energy Consolidated
Preferred Stock, Shares Authorized	50	50
Preferred Stock, Shares Issued	0	0
Common Stock, Shares Authorized	750	750
Common Stock, Shares, Outstanding	0	243
San Diego Gas and Electric Company and Subsidiary
Common Stock, Shares Authorized	255	255
Common Stock, Shares, Outstanding	117	117
Pacific Enterprises and Subsidiaries
Common Stock, Shares Authorized	600	600
Common Stock, Shares, Outstanding	84	84
Southern California Gas Company and Subsidiaries
Common Stock, Shares Authorized	100	100
Common Stock, Shares, Outstanding	91	91

CONDENSED STATEMENTS OF CONSOLI

CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (USD $)
In Millions	6 Months Ended Jun. 30, 2009	6 Months Ended Jun. 30, 2008
Sempra Energy Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$514	$506	[1]
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	372	346	[1]
Deferred income taxes and investment tax credits	90	51	[1]
Equity earnings	(327)	(200)	[1]
Gains on sale of assets	(3)	(114)	[1]
Write-off of long-lived assets	132	0	[1]
Fixed price contracts and other derivatives	(38)	47	[1]
Other adjustments to reconcile net income to net cash provided by operating activities	51	40	[1]
Net changes in other working capital components	364	226	[1]
Distributions from RBS Sempra Commodities LLP	375	0	[1]
Changes in other assets	21	(10)	[1]
Changes in other liabilities	(26)	(27)	[1]
Net cash provided by operating activities	1,525	865	[1]
CASH FLOWS FROM INVESTING ACTIVITIES
Expenditures for property, plant and equipment	(938)	(1,114)	[1]
Proceeds from sale of assets, net of cash sold	179	2,071	[1]
Expenditures for investments and acquisition of businesses, net of cash acquired	(217)	(2,180)	[1]
Distributions from investments	9	16	[1]
Purchases of nuclear decommissioning and other trust assets	(99)	(173)	[1]
Proceeds from sales by nuclear decommissioning and other trusts	93	177	[1]
Decrease (increase) in loans to unconsolidated affiliates, net	0	60	[1]
Other cash flows from investing activities	(14)	(15)	[1]
Net cash used in investing activities	(987)	(1,158)	[1]
CASH FLOWS FROM FINANCING ACTIVITIES
Common dividends paid	(170)	(166)	[1]
Preferred dividends paid by subsidiaries	(5)	(5)	[1]
Issuances of common stock	28	11	[1]
Repurchases of common stock	0	(1,002)	[1]
Issuances of long-term debt	1,108	593	[1]
Payments on long-term debt	(311)	(73)	[1]
Increase (decrease) in short-term debt, net	(612)	496	[1]
Purchase of noncontrolling interest	(94)	0	[1]
Other cash flows from financing activities	5	1	[1]
Net cash provided by (used in) financing activities	(51)	(145)	[1]
Increase (decrease) in cash and cash equivalents	487	(438)	[1]
Cash and cash equivalents, beginning of period	331	668
Cash and cash equivalents, end of period	818	230	[1]
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest payments, net of amounts capitalized	141	157
Income tax payments, net of refunds	36	140
SUPPLEMENTAL DISCLOSURE OF NON CASH ACTIVITIES
Increase (decrease) in accounts payable from investments in property, plant and equipment	(103)	(62)
Dividends declared but not paid	98	89
San Diego Gas and Electric Company and Subsidiary
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	198	152	[1]
Adjustments to reconcile net income to net cash provided by operating activities:
Utility depreciation and amortization	158	155	[1]
Deferred income taxes and investment tax credits	15	41	[1]
Fixed price contracts and other derivatives	(34)	(15)	[1]
Other adjustments to reconcile net income to net cash provided by operating activities	(9)	(3)	[1]
Net changes in other working capital components	30	108	[1]
Changes in other assets	13	(2)	[1]
Changes in other liabilities	(23)	(15)	[1]
Net cash provided by operating activities	348	421	[1]
CASH FLOWS FROM INVESTING ACTIVITIES
Expenditures for property, plant and equipment	(443)	(428)	[1]
Expenditures for short-term investments	(152)	(236)	[1]
Proceeds from sale of short-term investments	176	75	[1]
Purchases of nuclear decommissioning and other trust assets	(95)	(173)	[1]
Proceeds from sales by nuclear decommissioning and other trusts	93	175	[1]
Decrease (increase) in loans to unconsolidated affiliates, net	33	(24)	[1]
Other cash flows from investing activities	1	0	[1]
Net cash used in investing activities	(387)	(611)	[1]
CASH FLOWS FROM FINANCING ACTIVITIES
Common dividends paid	(150)	0	[1]
Preferred dividends paid	(2)	(2)	[1]
Redemptions of preferred stock	0	(14)	[1]
Issuances of long-term debt	358	84	[1]
Other cash flows from financing activities	1	8	[1]
Net cash provided by (used in) financing activities	207	76	[1]
Increase (decrease) in cash and cash equivalents	168	(114)	[1]
Cash and cash equivalents, beginning of period	19	158
Cash and cash equivalents, end of period	187	44	[1]
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest payments, net of amounts capitalized	50	47
Income tax payments, net of refunds	86	(17)
SUPPLEMENTAL DISCLOSURE OF NON CASH ACTIVITIES
Increase (decrease) in accounts payable from investments in property, plant and equipment	(61)	(35)
Dividends declared but not paid	1	1
Pacific Enterprises and Subsidiaries
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	122	116	[1]
Adjustments to reconcile net income to net cash provided by operating activities:
Utility depreciation and amortization	147	142	[1]
Deferred income taxes and investment tax credits	20	21	[1]
Other adjustments to reconcile net income to net cash provided by operating activities	4	1	[1]
Net changes in other working capital components	266	315	[1]
Changes in other assets	7	5	[1]
Changes in other liabilities	(9)	(20)	[1]
Net cash provided by operating activities	557	580	[1]
CASH FLOWS FROM INVESTING ACTIVITIES
Expenditures for property, plant and equipment	(227)	(242)	[1]
Decrease (increase) in loans to unconsolidated affiliates, net	5	(59)	[1]
Net cash used in investing activities	(222)	(301)	[1]
CASH FLOWS FROM FINANCING ACTIVITIES
Common dividends paid	0	(200)	[1]
Preferred dividends paid	(2)	(2)	[1]
Preferred dividends paid by subsidiaries	(1)	(1)	[1]
Net cash provided by (used in) financing activities	(3)	(203)	[1]
Increase (decrease) in cash and cash equivalents	332	76	[1]
Cash and cash equivalents, beginning of period	206	59
Cash and cash equivalents, end of period	538	135	[1]
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest payments, net of amounts capitalized	30	31
Income tax payments, net of refunds	29	104
SUPPLEMENTAL DISCLOSURE OF NON CASH ACTIVITIES
Increase (decrease) in accounts payable from investments in property, plant and equipment	(16)	(31)
Dividends declared but not paid	1	1
Southern California Gas Company and Subsidiaries
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	125	114
Adjustments to reconcile net income to net cash provided by operating activities:
Utility depreciation and amortization	147	142
Deferred income taxes and investment tax credits	20	21
Other adjustments to reconcile net income to net cash provided by operating activities	4	1
Net changes in other working capital components	263	313
Changes in other assets	7	5
Changes in other liabilities	(6)	(20)
Net cash provided by operating activities	560	576
CASH FLOWS FROM INVESTING ACTIVITIES
Expenditures for property, plant and equipment	(227)	(242)
Decrease (increase) in loans to unconsolidated affiliates, net	0	(57)
Net cash used in investing activities	(227)	(299)
CASH FLOWS FROM FINANCING ACTIVITIES
Common dividends paid	0	(200)
Preferred dividends paid	(1)	(1)
Net cash provided by (used in) financing activities	(1)	(201)
Increase (decrease) in cash and cash equivalents	332	76
Cash and cash equivalents, beginning of period	206	59
Cash and cash equivalents, end of period	538	135
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest payments, net of amounts capitalized	30	29
Income tax payments, net of refunds	29	104
SUPPLEMENTAL DISCLOSURE OF NON CASH ACTIVITIES
Increase (decrease) in accounts payable from investments in property, plant and equipment	($16)	($31)
[1]As adjusted for the retrospective adoption of SFAS 160 (ASC 810).

GENERAL

GENERAL
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1. GENERAL Principles of ConsolidationSempra EnergySempra Energy's Condensed Consolidated Financial Statements include the accounts of Sempra Energy, a California-based Fortune 500 holding company, its consolidated subsidiaries, and a variable interest entity. Sempra Energys principal subsidiaries are: San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas), which we collectively refer to as the Sempra Utilities; and Sempra Global, which is the holding company for Sempra Commodities, Sempra Generation, Sempra Pipelines & Storage, Sempra LNG and other, smaller businesses. Sempra Energy uses the equity method to account for investments in affiliated companies over which we have the ability to exercise significant influence, but not control.SDG&ESDG&E's Condensed Consolidated Financial Statements include its accounts, the accounts of its sole subsidiary, SDG&E Funding LLC, and the accounts of Otay Mesa Energy Center LLC (Otay Mesa VIE), a variable interest entity of which SDG&E is the primary beneficiary, as discussed in Note 5 under "Variable Interest Entities." SDG&Es common stock is wholly owned by Enova Corporation, which is a wholly owned subsidiary of Sempra Energy. The activities of SDG&E Funding LLC were substantially complete in 2007, and the entity was dissolved in 2008. Pacific Enterprises and SoCalGasThe Condensed Consolidated Financial Statements of Pacific Enterprises include the accounts of Pacific Enterprises (PE) and its subsidiary, SoCalGas. Sempra Energy owns all of PEs common stock and PE owns all of SoCalGas common stock. SoCalGas Condensed Consolidated Financial Statements include its subsidiaries, which comprise less than one percent of its consolidated financial position and results of operations. PE's operations consist solely of those of SoCalGas and additional items (e.g., cash, intercompany accounts and equity) attributable to being a holding company for SoCalGas. Basis of PresentationThis is a combined report of Sempra Energy, SDG&E, PE and SoCalGas. We provide separate information for SDG&E, PE and SoCalGas as required. When only information for SoCalGas is provided, it is the same for PE. References in this report to "we," "our" and "Sempra Energy Consolidated" are to Sempra Energy and its consolidated entities, unless otherwise indicated by the context. We have eliminated intercompany accounts and transactions within each set of consolidated financial statements.We have prepared the Condensed Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America (GAAP) and in accordance with the interim-period-reporting requirements of Form 10-Q. Results of operations for interim periods are not necessarily indicative of results for the entire year. We evaluated events and transactions that occurred after June 30, 2009 but before the issuance of these financial statements on July 31, 2009, and in the opinion of management, the accompanying statements reflect all adjustments necessary for a fair presentation. These adjustments are only of a normal, recurring nature, except as we discuss below in "Presentation of Preferr

NEW ACCOUNTING STANDARDS

NEW ACCOUNTING STANDARDS
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE 2. NEW ACCOUNTING STANDARDS We describe below recent pronouncements that have had or may have a significant effect on our financial statements. We do not discuss recent pronouncements that are not anticipated to have an impact on or are unrelated to our financial condition, results of operations, or disclosures. SEMPRA ENERGY, SDG&E, PE AND SOCALGAS SFAS 168, "The FASB Accounting Standards CodificationTM and the Hierarchy of Generally Accepted Accounting Principlesa replacement of FASB Statement No. 162" (SFAS 168): The Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) (the Codification) becomes the official source of GAAP on July 1, 2009, and its use is effective for periods ending after September 15, 2009. For convenience, we have provided references to the Codification throughout this Form 10-Q in addition to the current GAAP source reference.SFAS 167, "Amendments to FASB Interpretation No. 46(R)" (SFAS 167): SFAS 167 (ASC 810) amends FASB Interpretation No. 46(R), Consolidation of Variable Interest Entities an interpretation of ARB No. 51 (FIN 46(R)) which provides consolidation guidance related to variable interest entities. SFAS 167 requires a qualitative approach for identifying the primary beneficiary of a variable interest entity based on 1) the power to direct activities that most significantly impact the economic performance of the entity, and 2) the obligation to absorb losses or right to receive benefits that could be significant to the entity ongoing reassessments of whether an enterprise is the primary beneficiary of a variable interest entity separate disclosure by the primary beneficiary on the face of the balance sheet to identify 1) assets that can only be used to settle obligations of the variable interest entity, and 2) liabilities for which creditors do not have recourse to the primary beneficiary.FAS 167 applies to us prospectively for the first quarter of 2010. We are in the process of evaluating the effects of this statement on our financial position and results of operations.SFAS 165, "Subsequent Events" (SFAS 165): SFAS 165 (ASC 855) requires management to evaluate events that occur after the balance sheet through the date that the financial statements are issued. The guidance is similar to current audit guidance and does not change the way we assess subsequent events. The statement requires that we disclose the date through which we evaluated subsequent events. We adopted SFAS 165 on April 1, 2009 and provide the required disclosure in Note 1. SFAS 160, "Noncontrolling Interests in Consolidated Financial Statements an amendment of ARB No.51" (SFAS 160): SFAS 160 (ASC 810) amends Accounting Research Bulletin (ARB) No. 51, Consolidated Financial Statements, to establish accounting and reporting standards for ownership interests in subsidiaries held by parties other than the parent. SFAS 160 provides guidance on the following: how to report noncontrolling interests in a subsidiary in consolidated financial statements; the amount of consolidated net income attributable to the parent and to the noncontrolling interest; and changes in a parents ownership interest and the val

RECENT EQUITY TRANSACTION

RECENT EQUITY TRANSACTION
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Text Block]	NOTE 3. RECENT EQUITY TRANSACTIONSEMPRA PIPELINES & STORAGESempra Midstream, owned by Sempra Pipelines & Storage, owned 60 percent of Mississippi Hub, LLC (Mississippi Hub) at December 31, 2008. On January 16, 2009, Sempra Midstream purchased the remaining 40-percent ownership interest of Mississippi Hub for $94 million in cash.

AVAILABLE FOR SALE SECURITIES

AVAILABLE FOR SALE SECURITIES
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Available-for-sale Securities [Text Block]	NOTE 4. INVESTMENTS IN UNCONSOLIDATED ENTITIES SEMPRA ENERGY AND SDG&EAvailable-for-Sale SecuritiesDuring the six months ended June 30, 2008, Sempra Energy and SDG&E purchased $252 million and $161 million, respectively, of SDG&E's industrial development bonds, net of purchases and sales between Sempra Energy and SDG&E as the cash flow needs of each entity changed. In December 2008, SDG&E remarketed $237 million of these industrial development bonds. In June 2009, SDG&E remarketed the remaining $176 million of these industrial development bonds at a fixed rate of 5.875 percent, maturing in 2034. At December 31, 2008, the $176 million of industrial development bonds, $24 million of which were held by SDG&E, were classified as available-for-sale securities and included in Short-Term Investments on the Condensed Consolidated Balance Sheets. In the first six months of 2009, SDG&E purchased $152 million of the bonds from Sempra Energy prior to their remarketing. We discuss these bonds further in Note 6 of the Notes to Consolidated Financial Statements in the Annual Report. Nuclear Decommissioning Trusts NUCLEAR DECOMMISSIONING TRUSTS (Dollars in millions) Gross Gross Estimated Unrealized Unrealized Fair Cost Gains Losses Value As of June 30, 2009: Debt securities U.S. government issues* $ 133 $ 15 $ (2) $ 146 Municipal bonds** 74 1 (5) 70 Total debt securities 207 16 (7) 216 Equity securities 237 120 (18) 339 Cash and other securities*** 25 1 (1) 25 Total available-for-sale securities $ 469 $ 137 $ (26) $ 580 As of December 31, 2008: Debt securities U.S. government issues $ 127 $ 28 $ - $ 155 Municipal bonds 69 1 (9) 61 Total debt securities 196 29 (9) 216 Equity securities 251 105 (36) 320 Cash and other securities 40 3 (2) 41 Total available-for-sale securities $ 487 $ 137 $ (47) $ 577 * Maturity dates are 2009-2038 ** Maturity dates are 2009-2043 *** Maturity dates are 2009-2049 The following table shows the proceeds from sales of securities in the trusts and gross realized gains and losses on those sales: SALES OF SECURITIES (Dollars in millions) Three months ended June 30, Six months ended June 30, 2009 2008 2009 2008 Proceeds from sales $ 49 $ 38 $ 88 $ 169 Gross realized gains 1 1 4 7 Gross realized losses (7) (2) (24) (11) Net unrealized gains (losses) are included in Regulatory Liabilities Arising from Removal Obligations on the Condensed Consolidated Balance Sheets. We determine the cost of securities in the trusts on the basis of specific identification.The fair value of securities in an unrealized loss position as of June 30, 2009 was $142 million. The unrealized losses of $26 million were primarily caused by a negative market environment. We do not consider these investments to be other than temporarily impaired as of June 30, 2009.

EQUITY METHOD INVESTMENTS

EQUITY METHOD INVESTMENTS
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Equity Method Investments Disclosure [Text Block]	SEMPRA COMMODITIESOn April 1, 2008, Sempra Energy and The Royal Bank of Scotland (RBS) completed the formation of RBS Sempra Commodities LLP (RBS Sempra Commodities), a limited liability partnership formed in the United Kingdom to own and operate the commodities-marketing businesses previously operated through wholly owned subsidiaries of Sempra Energy. We account for our investment in RBS Sempra Commodities under the equity method, and our share of partnership earnings is reported in the Sempra Commodities segment. For the three months and six months ended June 30, 2009, we had $126 million and $279 million of pretax equity earnings, respectively, from RBS Sempra Commodities. Pretax equity earnings from RBS Sempra Commodities were $146 million for both the three and six months ended June 30, 2008. The partnership income that is distributable to us on an annual basis is computed on the partnership's basis of accounting, International Financial Reporting Standards (IFRS) as adopted by the European Union. For the three months and six months ended June 30, 2009, this distributable income, on an IFRS basis, was $102 million and $216 million, respectively. For both the three and six months ended June 30, 2008, the distributable income, on an IFRS basis, was $165 million. In the first quarter of 2009, we received the remaining distribution of 2008 partnership income of $305 million, and an additional $70 million in the second quarter of 2009 to fund estimated tax payments as provided in the partnership agreement. We have indemnified the partnership for certain litigation and tax liabilities related to the businesses purchased by the partnership. We recorded these obligations at a fair value of $5 million on April 1, 2008, the date we formed the partnership, and they are being amortized over 4 years. We provide information regarding the Sempra Commodities segment in Note 11. The following table shows summarized financial information for RBS Sempra Commodities (on a GAAP basis): Three months ended June 30, Six months ended June 30, (Dollars in millions) 2009 2008 2009 2008 Gross revenues and fee income $ 367 $ 538 $ 876 $ 538 Gross profit 342 517 828 517 Income from continuing operations 153 254 389 254 Partnership net income 153 254 389 254 SEMPRA PIPELINES & STORAGEIn the three and six months ended June 30, 2009, Sempra Pipelines & Storage contributed $188 million and $213 million, respectively, to Rockies Express, a joint venture for the development of the Rockies Express Pipeline. Sempra Pipelines & Storage contributed $150 million in the first quarter of 2008. We discuss this investment in Note 4 of the Notes to Consolidated Financial Statements in the Annual Report.Sempra Pipelines & Storage owns 43 percent of two Argentine natural gas utility holding companies, Sodigas Pampeana and Sodigas Sur. The Argentine economic decline and government responses (including Argentinas unilateral, retroactive abrogation of utility agreements early in 2002) continue to adversely affect the operations of these Argentine utilities. In 2002, Sempra Pipelines & Storage initiated arbitration proceedings at the International Center for

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Schedule of Variable Interest Entities [Text Block]	NOTE 5. OTHER FINANCIAL DATA VARIABLE INTEREST ENTITIESFIN 46(R) (ASC 810) requires an enterprise to consolidate a variable interest entity (VIE), as defined in FIN 46(R), if the company is the primary beneficiary of the VIEs activities. Our determination of whether we are the primary beneficiary is based upon qualitative and quantitative analyses, which assess the purpose and design of the VIE; the nature of the VIE's risks and the risks we absorb; and whether the variable interest holders will absorb a majority of the VIE's expected losses or receive a majority of its expected residual returns (or both). SDG&E has a 10-year agreement to purchase power to be generated at the Otay Mesa Energy Center (OMEC), a 573-megawatt (MW) generating facility. Commissioning activities commenced in July 2009, and SDG&E expects the facility to be in commercial operation in the fourth quarter of 2009. As defined in FIN 46(R), the facility owner, Otay Mesa Energy Center LLC (OMEC LLC), is a VIE (Otay Mesa VIE), of which SDG&E is the primary beneficiary. Accordingly, Sempra Energy and SDG&E have consolidated Otay Mesa VIE. SDG&E has no OMEC LLC voting rights and does not operate OMEC.Otay Mesa VIE's equity of $158 million at June 30, 2009 and $128 million at December 31, 2008 is included on the Condensed Consolidated Balance Sheets in Other Noncontrolling Interests for Sempra Energy and in Noncontrolling Interest for SDG&E. We provide additional information about Otay Mesa VIE in Note 1 of the Notes to Consolidated Financial Statements in the Annual Report.OMEC LLC has a project finance credit facility with third party lenders, secured by its assets, that provides for up to $377 million for the construction of OMEC. SDG&E is not a party to the credit agreement and does not have any additional implicit or explicit financial responsibility to Otay Mesa VIE. The loan matures in April2019. Borrowings under the facility bear interest at rates varying with market rates. OMEC LLC had $316 million of outstanding borrowings under this facility at June 30, 2009. In addition, OMEC LLC has entered into interest-rate swap agreements to moderate its exposure to interest-rate changes on this facility. We provide additional information concerning the interest-rate swaps in Note 7. Contracts under which SDG&E acquires power from generation facilities otherwise unrelated to SDG&E could also result in a requirement for SDG&E to consolidate the entity that owns the facility. In accordance with FIN 46(R), SDG&E continues the process of determining if it has any such situations and, if so, gathering the information that would be needed to perform the consolidation. However, such information has not been made available to us and an evaluation of variable interests has not been completed for these entities that are grandfathered pursuant to FIN 46(R). The effects of any required consolidation are not expected to significantly affect the financial position, results of operations or liquidity of SDG&E.

PENSION AND OTHER POSTRETIREMEN

PENSION AND OTHER POSTRETIREMENT BENEFITS
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	PENSION AND OTHER POSTRETIREMENT BENEFITSNet Periodic Benefit CostThe following three tables provide the components of net periodic benefit cost: NET PERIODIC BENEFIT COST -- SEMPRA ENERGY CONSOLIDATED (Dollars in millions) Pension Benefits Other Postretirement Benefits Three months ended June 30, Three months ended June 30, 2009 2008 2009 2008 Service cost $ 20 $ 18 $ 7 $ 7 Interest cost 42 41 15 13 Expected return on assets (35) (40) (12) (12) Amortization of: Prior service cost (credit) 1 1 (1) - Actuarial loss 6 2 1 - Curtailment - - - (2) Regulatory adjustment (13) (7) 5 - Total net periodic benefit cost $ 21 $ 15 $ 15 $ 6 Six months ended June 30, Six months ended June 30, 2009 2008 2009 2008 Service cost $ 39 $ 36 $ 14 $ 13 Interest cost 85 83 29 27 Expected return on assets (70) (80) (24) (24) Amortization of: Prior service cost (credit) 2 2 (1) (1) Actuarial loss 12 4 2 - Curtailment - - - (2) Regulatory adjustment (39) (22) 4 1 Total net periodic benefit cost $ 29 $ 23 $ 24 $ 14 NET PERIODIC BENEFIT COST -- SDG&E (Dollars in millions) Pension Benefits Other Postretirement Benefits Three months ended June 30, Three months ended June 30, 2009 2008 2009 2008 Service cost $ 6 $ 5 $ 1 $ 1 Interest cost 12 12 2 2 Expected return on assets (8) (11) (1) (1) Amortization of: Prior service cost - 1 1 1 Actuarial loss 4 - - - Regulatory adjustment - 2 1 (1) Total net periodic benefit cost $ 14 $ 9 $ 4 $ 2 Six months ended June 30, Six months ended June 30, 2009 2008 2009 2008 Service cost $ 12 $ 11 $ 3 $ 3 Interest cost 24 24 4 4 Expected return on assets (16) (23) (2) (2) Amortization of: Prior service cost 1 1 2 2 Actuarial loss 8 1 - - Regulatory adjustment (14) (4) 1 (2) Total net periodic benefit cost $ 15 $ 10 $ 8 $ 5 NET PERIODIC BENEFIT COST -- SOCALGAS (Dollars in millions) Pension Benefits Other Postretirement Benefits Three months ended June 30, Three months ended June 30, 2009 2008 2009 2008 Service cost $ 11 $ 10 $ 4 $ 5 Interest cost 24 24 12 10 Expected return on assets (22) (25) (10) (11) Amortization of: Prior service credit - - (1) (1) Actuarial loss - - 1 - Regulatory adjustment (13) (9) 4 1 Total net periodic benefit cost $ - $ - $ 10 $ 4 Six months ended June 30, Six months ended June 30, 2009 2008 2009 2008 Service cost $ 22 $ 20 $ 9 $ 9 Interest cost 49 49 23 21 Expected return on assets (46) (51) (21) (22) Amortization of: Prior service cost (credit) 1 1 (2) (2) Actuarial loss - - 2 - Regulatory adjustment (25) (18) 3 3 Total net periodic benefit cost $ 1 $ 1 $ 14 $ 9 Future PaymentsThe following table shows our year-to-date contributions to our pension and other postretirement benefit plans and the amounts we expect to contribute in 2009: Sempra Energy (Dollars in millions) Consolidated SDG&E SoCalGas Contributions through June 30, 2009: Pension plans $ 29 $ 13 $ - Other postretirement benefit pla

EARNINGS PER SHARE

EARNINGS PER SHARE
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Earnings Per Share [Text Block]	EARNINGS PER SHARE The following table provides the per share computations for our earnings for the three and six months ended June 30, 2009 and 2008. Basic EPS is calculated by dividing earnings attributable to common stock by the weighted-average number of common shares outstanding for the period. Diluted EPS includes the potential dilution of common stock equivalent shares that would occur if securities or other contracts to issue common stock were exercised or converted into common stock. EARNINGS PER SHARE COMPUTATIONS (Dollars in millions, except per share amounts; shares in thousands) Three months ended June 30, Six months ended June 30, 2009 2008 2009 2008 Numerator: Earnings $ 198 $ 244 $ 514 $ 486 Denominator: Weighted-average common shares outstanding for basic EPS 242,718 245,576 242,245 252,100 Dilutive effect of stock options, restricted stock awards and restricted stock units 4,372 4,101 3,794 4,069 Weighted-average common shares outstanding for diluted EPS 247,090 249,677 246,039 256,169 Earnings per share: Basic $ 0.82 $ 0.99 $ 2.12 $ 1.93 Diluted $ 0.80 $ 0.98 $ 2.09 $ 1.90 The dilution from common stock options is based on the treasury stock method. Under this method, proceeds based on the exercise price plus unearned compensation and windfall tax benefits or tax shortfalls, as defined by SFAS 123 (revised 2004), Share-Based Payment (SFAS 123(R)) (ASC 718), are assumed to be used to repurchase shares on the open market at the average market price for the period. The windfall tax benefits are tax deductions we would receive upon the assumed exercise of stock options in excess of the deferred income taxes we recorded related to the compensation expense on the stock options. Tax shortfalls occur when the assumed tax deductions are less than recorded deferred income taxes. The calculation excludes stock options for which the exercise price for common stock was greater than the average market price during the period. We had 1,506,783 and 801,684 of such stock options outstanding during the three months ended June 30, 2009 and 2008, respectively, and 2,250,061 and 1,485,542 of such stock options outstanding during the six months ended June 30, 2009 and 2008, respectively. We had 33,889 and 710,113 stock options outstanding during the three months ended June 30, 2009 and 2008, respectively, that were antidilutive because of the unearned compensation and windfall tax benefits included in the assumed proceeds under the treasury stock method and 862,027 such antidilutive stock options during the six months ended June 30, 2009. We had no such antidilutive stock options outstanding during the six months ended June 30, 2008.The dilution from unvested restricted stock awards and units is also based on the treasury stock method. Assumed proceeds equal to the unearned compensation and windfall tax benefits or tax shortfalls related to the awards, as defined by SFAS 123(R), are assumed to be used to repurchase shares on the open market at the average market price for the period. The windfall tax benefits or tax shortfalls are the difference between tax deducti

SHARE BASED COMPENSATION

SHARE BASED COMPENSATION
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	SHARE-BASED COMPENSATIONWe discuss our share-based compensation plans in Note 10 of the Notes to Consolidated Financial Statements in the Annual Report. We recorded share-based compensation expense, net of income taxes, of $11 million and $14 million for the six months ended June 30, 2009 and 2008, respectively. Pursuant to our share-based compensation plans, we granted 918,200 non-qualified stock options, 37,200 restricted stock awards and 907,700 restricted stock units during the six months ended June 30, 2009, primarily in January 2009.

CAPITALIZED FINANCING COSTS

CAPITALIZED FINANCING COSTS
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Property, Plant and Equipment, Policy [Text Block]	CAPITALIZED FINANCING COSTSCapitalized financing costs include capitalized interest costs and, at the Sempra Utilities, an allowance for funds used during construction (AFUDC) related to both debt and equity financing of construction projects. The following table shows capitalized financing costs for the three months and six months ended June 30, 2009 and 2008. CAPITALIZED FINANCING COSTS (Dollars in millions) Three months ended June 30, Six months ended June 30, 2009 2008 2009 2008 SDG&E: AFUDC related to debt $ 2 $ 2 $ 4 $ 4 AFUDC related to equity 7 6 13 12 Other capitalized financing costs 2 2 2 4 Total SDG&E 11 10 19 20 SoCalGas: AFUDC related to debt 2 1 3 2 AFUDC related to equity 3 2 5 4 Total SoCalGas 5 3 8 6 Sempra Global: Capitalized financing costs 23 22 45 48 Total Sempra Energy Consolidated $ 39 $ 35 $ 72 $ 74

COMPREHENSIVE INCOME

COMPREHENSIVE INCOME
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Comprehensive Income Note [Text Block]	COMPREHENSIVE INCOMEThe following table provides a reconciliation of net income to comprehensive income. COMPREHENSIVE INCOME (Dollars in millions) Three months ended June 30, 2009 2008 Share- Non- Share- Non- holders' controlling Total holders' controlling Total Equity* Interests Equity Equity* Interests Equity Sempra Energy Consolidated: Net income $ 201 $ (12) $ 189 $ 247 $ 15 $ 262 Foreign currency translation adjustments 54 - 54 (88) - (88) Financial instruments 20 - 20 25 (12) 13 Available-for-sale securities 4 - 4 (14) - (14) Net actuarial gain 1 - 1 3 - 3 Comprehensive income $ 280 $ (12) $ 268 $ 173 $ 3 $ 176 SDG&E: Net income $ 71 $ 20 $ 91 $ 62 $ 15 $ 77 Financial instruments - 1 1 (1) (12) (13) Net actuarial gain 1 - 1 1 - 1 Comprehensive income $ 72 $ 21 $ 93 $ 62 $ 3 $ 65 PE: Net income $ 63 $ - $ 63 $ 58 $ - $ 58 Financial instruments 1 - 1 5 - 5 Comprehensive income $ 64 $ - $ 64 $ 63 $ - $ 63 SoCalGas: Net income $ 66 $ - $ 66 $ 57 $ - $ 57 Financial instruments 1 - 1 5 - 5 Comprehensive income $ 67 $ - $ 67 $ 62 $ - $ 62 * Shareholders' equity of Sempra Energy Consolidated, SDG&E, PE or SoCalGas as indicated in left margin. COMPREHENSIVE INCOME (Continued) (Dollars in millions) Six months ended June 30, 2009 2008 Share- Non- Share- Non- holders' controlling Total holders' controlling Total Equity* Interests Equity Equity* Interests Equity Sempra Energy Consolidated: Net income $ 519 $ (5) $ 514 $ 491 $ 15 $ 506 Foreign currency translation adjustments 80 - 80 (15) - (15) Financial instruments 23 (3) 20 7 (17) (10) Available-for-sale securities 13 - 13 (12) - (12) Net actuarial gain 2 - 2 4 - 4 Comprehensive income $ 637 $ (8) $ 629 $ 475 $ (2) $ 473 SDG&E: Net income $ 171 $ 27 $ 198 $ 137 $ 15 $ 152 Financial instruments 2 (3) (1) (1) (17) (18) Net actuarial gain 1 - 1 1 - 1 Comprehensive income $ 174 $ 24 $ 198 $ 137 $ (2) $ 135 PE: Net income $ 122 $ - $ 122 $ 116 $ - $ 116 Financial instruments 2 - 2 - - - Comprehensive income $ 124 $ - $ 124 $ 116 $ - $ 116 SoCalGas: Net income $ 125 $ - $ 125 $ 114 $ - $ 114 Financial instruments 2 - 2 - - - Comprehensive income $ 127 $ - $ 127 $ 114 $ - $ 114 * Shareholders' equity of Sempra Energy Consolidated, SDG&E, PE or SoCalGas as indicated in left margin. The amounts for comprehensive income in the tables above are net of income tax expense (benefit) as follows: INCOME TAX EXPENSE (BENEFIT) ASSOCIATED WITH OTHER COMPREHENSIVE INCOME (Dollars in millions) Three months ended June 30, 2009 2008 Share- Non- Share- Non- holders' controlling Total holders' controlling Total Equity* Interests Equity Equity* Interests Equity Sempra Energy Consolidated: Financial instruments $ 12 $ - $ 12 $ 17 $ 12 $ 29 Available-for-sale securities 1 - 1 (10) - (10) Net actuarial gain 1 - 1 1 - 1 SDG&E: Financial instruments $

SHAREHOLDERS' EQUITY AND NONCON

SHAREHOLDERS' EQUITY AND NONCONTROLLING INTERESTS
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Shareholders' Equity and Noncontrolling Interests [Text Block]	SHAREHOLDERS EQUITY AND NONCONTROLLING INTERESTSSempra Energy, SDG&E and PE account for noncontrolling interests in their Condensed Consolidated Financial Statements under SFAS 160, as discussed in Note 2. The following two tables provide a reconciliation of Sempra Energy and SDG&E shareholders equity and noncontrolling interests for the six months ended June 30, 2009 and 2008. There were no changes in the equity of PE's noncontrolling interests in the three- or six-month periods of 2009 or 2008. SHAREHOLDERS' EQUITY AND NONCONTROLLING INTERESTS (Dollars in millions) Sempra Energy Non- Shareholders' controlling Total Equity Interests Equity Balance at December 31, 2008 $ 7,969 $ 340 $ 8,309 Comprehensive income 637 (8) 629 Purchase of noncontrolling interest in subsidiary (10) (84) (94) Share-based compensation expense 20 - 20 Common stock dividends declared (190) - (190) Preferred dividends of subsidiaries (5) - (5) Issuance of common stock 44 - 44 Tax benefit related to share-based compensation 5 - 5 Common stock released from ESOP 7 - 7 Equity contributed by noncontrolling interests - 7 7 Balance at June 30, 2009 $ 8,477 $ 255 $ 8,732 Balance at December 31, 2007 $ 8,339 $ 248 $ 8,587 Comprehensive income 475 (2) 473 Share-based compensation expense 24 - 24 Common stock dividends declared (170) - (170) Preferred dividends of subsidiaries (5) - (5) Issuance of common stock 11 - 11 Tax benefit related to share-based compensation 3 - 3 Repurchase of common stock (1,002) - (1,002) Common stock released from ESOP 8 - 8 Equity contributed by noncontrolling interests - 63 63 Balance at June 30, 2008 $ 7,683 $ 309 $ 7,992 SHAREHOLDERS' EQUITY AND NONCONTROLLING INTEREST (Dollars in millions) SDG&E Non- Shareholders' controlling Total Equity Interest Equity Balance at December 31, 2008 $ 2,542 $ 128 $ 2,670 Comprehensive income 174 24 198 Common stock dividends declared (150) - (150) Preferred stock dividends declared (2) - (2) Equity contributed by noncontrolling interest - 6 6 Balance at June 30, 2009 $ 2,564 $ 158 $ 2,722 Balance at December 31, 2007 $ 2,200 $ 135 $ 2,335 Comprehensive income 137 (2) 135 Preferred stock dividends declared (2) - (2) Equity contributed by noncontrolling interest - 61 61 Balance at June 30, 2008 $ 2,335 $ 194 $ 2,529

TRANSACTIONS WITH AFFILIATES

TRANSACTIONS WITH AFFILIATES
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Related Party Transactions Disclosure [Text Block]	TRANSACTIONS WITH AFFILIATES Loans to Unconsolidated Affiliates Sempra Pipelines & Storage has a U.S. dollar-denominated loan to Camuzzi Gas del Sur S.A., an affiliate of Sempra Pipelines & Storages Argentine investments, which we discuss in Note 4 of the Notes to Consolidated Financial Statements in the Annual Report. The balance outstanding was $26 million at June 30, 2009. The loan was due in June 2009 and bears interest at a variable rate of 7.99% as of June 30, 2009. The loan is fully reserved at June 30, 2009, and an extension of the loan term is pending.Loans from Unconsolidated AffiliatesSempra Pipelines & Storage has a note payable, bearing interest at 6.73%, due to Chilquinta Energa Finance Co. LLC, an unconsolidated affiliate. The balance outstanding was $100 million at June 30, 2009. The note is secured by Sempra Pipelines & Storages investments in Chilquinta Energa S.A. and Luz del Sur S.A.A., which we discuss in Note 4 of the Notes to Consolidated Financial Statements in the Annual Report. Other Affiliate TransactionsSempra Energy, SDG&E and SoCalGas provide certain services to each other, and are charged an allocable share of the cost of such services. Amounts due to/from affiliates are as follows: AMOUNTS DUE TO AND FROM AFFILIATES AT SDG&E, PE AND SOCALGAS (Dollars in millions) June 30, December 31, 2009 2008 SDG&E Current: Due from Sempra Energy $ - $ 20 Due from SoCalGas - 8 Due from various affiliates 1 1 $ 1 $ 29 Due to various affiliates $ - $ 1 Due to SoCalGas 6 - Due to Sempra Energy 49 - $ 55 $ 1 Income taxes due to (from) Sempra Energy* $ (6) $ 7 Noncurrent: Promissory note due from Sempra Energy, variable rate based on short-term commercial paper rates (0.22% at June 30, 2009) $ 3 $ 4 Pacific Enterprises Current: Due from SDG&E $ 6 $ - Due from various affiliates 6 5 $ 12 $ 5 Due to affiliate $ 84 $ 83 Due to Sempra Energy 27 15 Due to SDG&E - 8 $ 111 $ 106 Income taxes due to (from) Sempra Energy* $ 25 $ (66) Noncurrent: Promissory note due from Sempra Energy, variable rate based on short-term commercial paper rates (0.22% at June 30, 2009) $ 517 $ 457 SoCalGas Current: Due from SDG&E $ 6 $ - Due from various affiliates 1 - $ 7 $ - Due to Sempra Energy $ 27 $ 15 Due to SDG&E - 8 $ 27 $ 23 Income taxes due to Sempra Energy* $ 25 $ 1 * SDG&E, PE and SoCalGas are included in the consolidated income tax return of Sempra Energy and are allocated income tax expense from Sempra Energy in an amount equal to that which would result from the companies' having always filed a separate return. Revenues from unconsolidated affiliates at the Sempra Utilities are as follows: REVENUES FROM UNCONSOLIDATED AFFILIATES AT THE SEMPRA UTILITIES (Dollars in millions) Three months ended June 30, Six months ended June 30, 2009 2008 2009 2008 SDG&E $ 2 $ 2 $ 4 $ 6 SoCalGas 7 8 15 16 Transactions with RBS Sempra CommoditiesSeveral of our business units engage in transactions with RBS Sempra Commodities. Amounts in our Condensed Consolidated Financial Statements relat

WRITE-OFF OF LONG-LIVED ASSETS

WRITE-OFF OF LONG-LIVED ASSETS
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Write-off of Long-Lived Assets [Text Block]	WRITE-OFF OF LONG-LIVED ASSETSIn the second quarter of 2009, we recorded a write-off of $132 million related to certain assets at Sempra Pipelines & Storages Liberty Gas Storage natural gas storage facility. We discuss this write-off in Note 10.

OTHER INCOME

OTHER INCOME
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Other Income and Other Expense Disclosure [Text Block]	OTHER INCOME, NETOther Income, Net on the Condensed Consolidated Statements of Operations consists of the following: OTHER INCOME, NET (Dollars in millions) Three months ended June 30, Six months ended June 30, 2009 2008* 2009 2008* Sempra Energy Consolidated: Allowance for equity funds used during construction $ 10 $ 8 $ 18 $ 16 Regulatory interest, net - (1) - (6) Investment gains** 37 8 20 4 Gain on interest-rate swaps (Otay Mesa VIE) 20 15 30 15 Sundry, net*** 3 2 5 22 Total $ 70 $ 32 $ 73 $ 51 SDG&E: Allowance for equity funds used during construction $ 7 $ 6 $ 13 $ 12 Regulatory interest, net - - - (4) Gain on interest-rate swaps (Otay Mesa VIE) 20 15 30 15 Sundry, net - (1) 1 - Total $ 27 $ 20 $ 44 $ 23 SoCalGas and PE: Allowance for equity funds used during construction $ 3 $ 2 $ 5 $ 4 Regulatory interest, net - (1) - (2) Sundry, net 1 1 - - Total at SoCalGas 4 2 5 2 Additional at PE: Sundry, net - (1) - (1) Total at PE $ 4 $ 1 $ 5 $ 1 * Amounts for Sempra Energy Consolidated, SDG&E, and PE have been adjusted for the retrospective adoption of SFAS 160 (ASC 810). ** Represents investment gains on dedicated assets in support of our executive retirement and deferred compensation plans. These amounts are partially offset by corresponding changes in compensation expense related to the plans. *** The six months ended June 30, 2008 includes a $16 million cash payment received for the early termination of a capacity agreement for the Cameron LNG receipt terminal.

INCOME TAXES

INCOME TAXES
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Income Tax Disclosure [Text Block]	INCOME TAXES INCOME TAX EXPENSE AND EFFECTIVE INCOME TAX RATES (Dollars in millions) Six months ended June 30, 2009 2008 Income Tax Effective Income Income Tax Effective Income Expense Tax Rate Expense Tax Rate* Sempra Energy Consolidated $ 199 30 % $ 329 41 % SDG&E 88 31 67 31 PE 76 38 77 40 SoCalGas 73 37 76 40 Three months ended June 30, 2009 2008 Income Tax Effective Income Income Tax Effective Income Expense Tax Rate Expense Tax Rate* Sempra Energy Consolidated $ 90 35 % $ 202 45 % SDG&E 28 24 35 31 PE 40 39 36 38 SoCalGas 37 36 36 39 * Amounts for Sempra Energy Consolidated, SDG&E and PE have been adjusted for the retrospective adoption of SFAS 160 (ASC 810). Changes in Effective Income Tax RatesSempra EnergyThe decrease in the effective income tax rate for the first six months of 2009 was due to: higher pretax income in countries with lower statutory rates; lower income tax expense related to Mexican currency translation and inflation adjustments; and the favorable impact of the resolution of prior years' income tax issues.The decrease in the effective income tax rate for the three months ended June 30, 2009 was due to: lower income tax expense related to Mexican currency translation and inflation adjustments; and the favorable impact of the resolution of prior years' income tax issues.SDG&EThe decrease in the effective income tax rate for the three months ended June 30, 2009 was due to $10 million favorable effect from the resolution of prior years' income tax issues in the second quarter of 2009.PE and SoCalGasThe decreases in the effective income tax rates for both PE and SoCalGas for the first six months of 2009 were due to higher deductions for self-developed software costs.The decrease in the effective income tax rate for SoCalGas for the three months ended June 30, 2009 was due to higher deductions for self-developed software costs, partially offset by lower deductions allowed for depreciation authorized for ratemaking purposes.

DEBT AND CREDIT FACILITIES

DEBT AND CREDIT FACILITIES
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Debt Disclosure [Text Block]	NOTE 6. DEBT AND CREDIT FACILITIES Committed Lines of CreditAt June 30, 2009, Sempra Energy had $4.3 billion in committed lines of credit to provide liquidity and to support commercial paper and variable-rate demand notes, the major components of which are detailed below. Available unused credit on these lines at June 30, 2009 was $3.6 billion. We discuss the terms of our credit agreements in Note 6 of the Notes to Consolidated Financial Statements in the Annual Report.These amounts exclude lines of credit associated with Sempra Commodities, some of which we continue to guarantee, as we discuss below in "RBS Sempra Commodities." RBS has replaced Sempra Energy as guarantor on all uncommitted lines of credit associated with Sempra Commodities. To the extent that Sempra Energy's credit support arrangements, including Sempra Commodities' committed facilities, have not been terminated or replaced, RBS has indemnified Sempra Energy for any claims or losses arising in connection with those arrangements. Sempra GlobalSempra Global has a $2.5 billion, three-year syndicated revolving credit agreement expiring in 2011. At June 30, 2009, Sempra Global had letters of credit of $34 million outstanding and no outstanding borrowings under the facility. The facility provides support for $366 million of commercial paper outstanding at June 30, 2009. At June 30, 2009, $200 million of the commercial paper outstanding has been classified as long-term debt based on managements intent and ability to maintain this level of borrowing on a long-term basis either supported by this credit facility or by issuing long-term debt.Sempra GenerationSempra Generation has a $1 billion, three-year syndicated revolving credit agreement expiring in 2011. At June 30, 2009, Sempra Generation had no outstanding borrowings under the facility. Sempra UtilitiesSDG&E and SoCalGas have a combined $800 million, three-year syndicated revolving credit agreement expiring in 2011. The agreement permits each utility to individually borrow up to $600 million, subject to a combined limit of $800 million. At June 30, 2009, SDG&E and SoCalGas had no outstanding borrowings under this facility. SDG&E had $25 million of outstanding letters of credit and $237 million of variable-rate demand notes outstanding supported by this facility at June 30, 2009. WEIGHTED AVERAGE INTEREST RATESAt June 30, 2009, the weighted average interest rate on the total short-term debt outstanding at Sempra Energy, including commercial paper borrowings classified as long-term, was 1.36 percent. LONG-TERM DEBTIn May 2009, Sempra Energy publicly offered and sold $750 million of 6.50-percent notes, maturing in 2016. Also in May 2009, SDG&E publicly offered and sold $300 million of 6.00-percent first mortgage bonds, maturing in 2039.INTEREST-RATE SWAPSWe discuss our fair value interest-rate swaps and interest-rate swaps to hedge cash flows in Note 7.

GUARANTEES

GUARANTEES
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Schedule of Guarantor Obligations [Text Block]	RBS Sempra CommoditiesRBS is obligated to provide RBS Sempra Commodities with all growth capital, working-capital requirements and credit support. However, as a transitional measure, we continue to provide back-up guarantees for a portion of RBS Sempra Commodities trading obligations and for certain credit facilities with third party lenders pending novation (legal transfer) of the remaining trading obligations to RBS. Some of these back-up guarantees may continue for a prolonged period of time. RBS, which is controlled by the government of the United Kingdom, has fully indemnified us for any claims or losses in connection with these arrangements. RBS Sempra Commodities net trading liabilities supported by Sempra Energys guarantees at June 30, 2009 were $790 million, consisting of guaranteed trading obligations net of collateral. The amount of guaranteed net trading liabilities varies from day to day with the value of the trading obligations and related collateral.Sempra Energy also has guaranteed $344 million of $1.72 billion of RBS Sempra Commodities' commitments under an additional credit facility expiring September 29, 2010. Extensions of credit under the committed facility, which total $1 billion at June 30, 2009, are limited to and secured by a borrowing base consisting of receivables, inventories and other joint venture assets that are valued at varying percentages of current market value. At June 30, 2009, the gross market value of the borrowing base assets was $2.8 billion. The facility will be reduced and end as the borrowing base assets are transferred to RBS as established by the joint venture agreement. OTHER GUARANTEES Sempra Energy, Conoco Phillips (Conoco) and Kinder Morgan Energy Partners, L.P. (KMP) currently hold 25 percent, 24 percent and 51 percent ownership interests, respectively, in Rockies Express. Rockies Express is constructing a natural gas pipeline to link natural gas producing areas in the Rocky Mountain region to the upper Midwest and the eastern United States. Rockies Express has a $2 billion, five-year credit facility expiring in 2011 that provides for revolving extensions of credit that are guaranteed by Sempra Energy, Conoco and KMP in proportion to their respective ownership percentages. Borrowings under the facility bear interest at rates varying with market rates plus a margin that varies with the credit ratings of the lowest-rated guarantor. The facility requires each guarantor to comply with various financial and other covenants comparable to those contained in its senior unsecured credit facilities. In the case of Sempra Energy, the primary requirement is that we maintain a ratio of total indebtedness to total capitalization (as defined in the facility) of no more than 65 percent at the end of each quarter. Rockies Express had $1.9 billion of outstanding borrowings under this facility at June 30, 2009. In addition, Rockies Express had $600 million of floating rate notes outstanding at June 30, 2009 and maturing in August 2009 that are guaranteed by Sempra Energy, Conoco and KMP in proportion to their respective ownership percentages. The fair value to us of these guarantees is negligible.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	NOTE 7. DERIVATIVE FINANCIAL INSTRUMENTSOn January 1, 2009, we adopted SFAS 161 as discussed in Note 2. The adoption of SFAS 161 had no impact on our consolidated financial statements, but requires additional disclosures, which we provide below. Comparative disclosures for periods prior to the date of adoption are not required and we have not provided them. We use derivative instruments primarily to manage exposures arising in the normal course of business. These exposures are commodity market risk and benchmark interest rate risk. Our use of derivatives for these risks is integrated into the economic management of our anticipated revenues, anticipated expenses, assets and liabilities. Derivatives may be effective in mitigating these risks that could lead to declines in anticipated revenues or increases in anticipated expenses, or that our asset values may fall or our liabilities increase. Accordingly, our derivative activity summarized below generally represents an impact that is intended to offset associated revenues, expenses, assets or liabilities that are not presented below. All derivatives are recorded at fair value on the Condensed Consolidated Balance Sheets. Each derivative is designated as 1) a cash flow hedge, 2) a fair value hedge, or 3) is undesignated.Depending on the applicability of hedge accounting and, for the Sempra Utilities, the requirement to pass impacts through to customers, the impact of derivative instruments may be offset in other comprehensive income (cash flow hedge), on the balance sheet (fair value hedges and regulatory offsets), or recognized in earnings. In certain cases, we apply the normal purchase or sale exception to derivative accounting and have other commodity contracts that are not derivatives. These contracts are not recorded at fair value and are therefore excluded from the disclosures below. HEDGE ACCOUNTINGWe may designate a derivative as a cash flow hedging instrument if it effectively converts anticipated revenues or expenses to a fixed dollar amount. We may utilize cash flow hedge accounting for derivative commodity instruments and interest-rate instruments. Designating cash flow hedges is dependent on the business context in which the instrument is being used, the effectiveness of the instrument in offsetting the risk that a given future revenue or expense item may vary, and other criteria.We may designate an interest-rate derivative as a fair value hedging instrument if it effectively converts our own debt from a fixed interest rate to a variable rate. The combination of the derivative and debt instruments results in fixing that portion of the fair value of the debt that is related to benchmark interest rates. Designating fair value hedges is dependent on the instrument being used, the effectiveness of the instrument in offsetting changes in the fair value of our debt instruments, and other criteria. ENERGY DERIVATIVESOur market risk is primarily related to natural gas and electricity price volatility and the specific physical locations where we transact. We use energy derivatives to manage these risks. The use of energy derivatives in our various businesses depends on the particular

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Fair Value Disclosures [Text Block]	NOTE 8. FAIR VALUE MEASUREMENTSFair Value of Financial InstrumentsThe fair values of certain of our financial instruments (cash, temporary investments, accounts and notes receivable, dividends and accounts payable, short-term debt and customer deposits) approximate their carrying amounts. The following table provides the carrying amounts and fair values of the remaining financial instruments at June 30, 2009 and December 31, 2008: FAIR VALUE OF FINANCIAL INSTRUMENTS (Dollars in millions) June 30, 2009 December 31, 2008 Carrying Fair Carrying Fair Amount Value Amount Value Sempra Energy Consolidated: Investments in affordable housing partnerships (1) $ 39 $ 54 $ 43 $ 63 Total long-term debt (2) 7,358 7,697 6,962 7,013 Due to unconsolidated affiliates 102 106 102 101 Preferred stock of subsidiaries 179 149 179 149 SDG&E: Total long-term debt (3) $ 2,506 $ 2,519 $ 2,146 $ 2,073 Contingently redeemable preferred stock 79 71 79 71 PE and SoCalGas: Total long-term debt (4) $ 1,371 $ 1,383 $ 1,372 $ 1,333 PE: Preferred stock $ 80 $ 61 $ 80 $ 59 Preferred stock of subsidiary 20 17 20 19 $ 100 $ 78 $ 100 $ 78 SoCalGas: Preferred stock $ 22 $ 18 $ 22 $ 20 (1) We discuss our investments in affordable housing partnerships in Note 4 of the Notes to Consolidated Financial Statements in the Annual Report. (2) Before reductions for unamortized discount of $11 million at June 30, 2009 and $8 million at December 31, 2008. (3) Before reductions for unamortized discount of $4 million at June 30, 2009 and $2 million at December 31, 2008. (4) Before reductions for unamortized discount of $2 million at June 30, 2009 and $2 million at December 31, 2008. Sempra Energy based the fair values of investments in affordable housing partnerships on the present value of estimated future cash flows, discounted at rates available for similar investments. Sempra Energy estimated the fair values of debt incurred to acquire affordable housing partnerships based on the present value of the future cash flows, discounted at rates available for similar notes with comparable maturities.All entities based the fair values of the long-term debt and preferred stock on their quoted market prices or quoted market prices for similar securities. Derivative Positions Net of Cash CollateralIn accordance with FSP FIN 39-1, Amendment of FASB Interpretation No. 39 (ASC 815), each Condensed Consolidated Balance Sheet reflects the offsetting of net derivative positions with fair value amounts for cash collateral with the same counterparty when management believes a legal right of offset exists. The following table provides the amount of fair value of cash collateral receivables and payables that were offset against net derivative positions in the Condensed Consolidated Balance Sheets as of June 30, 2009 and December 31, 2008: June 30, December 31, (Dollars in millions) 2009 2008 Receivables: Sempra Energy Consolidated $ 45 $ 63 SDG&E 45 52 SoCalGas - 11 Payables: Sempra Energy Consolidated $ 50 $ 38 The following table provides the amount of fair value of cash colla

SEMPRA UTILITIES' REGULATORY MA

SEMPRA UTILITIES' REGULATORY MATTERS
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Public Utilities Disclosure [Text Block]	NOTE 9. SEMPRA UTILITIES' REGULATORY MATTERS POWER PROCUREMENT AND RESOURCE PLANNING Sunrise Powerlink Electric Transmission LineIn December 2008, the California Public Utilities Commission (CPUC) issued a final decision authorizing SDG&E to construct a 500-kilovolt (kV) electric transmission line between the Imperial Valley and the San Diego region (Sunrise Powerlink). This line is designed to provide 1,000 MW of increased import capability into the San Diego area. The decision allows SDG&E to construct the Sunrise Powerlink along a route that would generally run south of the Anza-Borrego Desert State Park. The decision also approves the environmental impact review conducted jointly by the CPUC and the Bureau of Land Management (BLM) and establishes a total project cost cap of $1.883 billion, including approximately $190 million for environmental mitigation costs. In January 2009, the BLM issued its decision approving the project, route and environmental review. We provided the details of the CPUC's decision in Note 14 of the Notes to Consolidated Financial Statements in the Annual Report.After the issuance of the CPUC final decision, applications for rehearing before the CPUC were filed by the Utility Consumers Action Network (UCAN) and the Center for Biological Diversity/Sierra Club (CBD). The CPUC issued a final decision in July 2009 denying the requests for rehearing. These parties may still appeal to the California Courts of Appeal and/or to the California Supreme Court on or before August 12, 2009.The Sunrise Powerlink route crosses federal land and requires approvals from the BLM and the United States Forest Service (USFS). Three appeals of the BLM decision approving the segment of the route in its jurisdiction were filed by individuals, a community organization, and the Viejas Indian tribe in March 2009. A request to stay the BLM's decision was also filed. The Interior Board of Land Appeals has dismissed the appeal filed by the individuals and issued a ruling in July 2009 denying the request for stay. In addition, the Viejas Indian tribe withdrew its appeal in July 2009. The BLM is still reviewing the one remaining appeal. SDG&E expects the USFS to issue a decision approving the segment of the route in its jurisdiction in 2009. The USFS decision is also subject to administrative and judicial appeals.SDG&E commenced procurement activities in the first quarter of 2009, but before construction can begin, additional agency permits, subject to administrative and judicial appeals, must be obtained. The total amount invested by SDG&E in the Sunrise Powerlink project as of June 30, 2009 was $154 million, which is included in Property, Plant and Equipment on the Condensed Consolidated Balance Sheets of Sempra Energy and SDG&E. SDG&E expects the Sunrise Powerlink to be in commercial operation in 2012. Renewable EnergyCertain California electric retail sellers, including SDG&E, are required to deliver 20 percent of their 2010 retail demand from renewable energy sources. The rules governing this requirement, administered by both the CPUC and the California Energy Commission, are generally known as the Renewables Portfolio Standard (RPS

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 10. COMMITMENTS AND CONTINGENCIESLegal ProceedingsThe uncertainties that exist in legal proceedings make it difficult to estimate with reasonable certainty the costs and effects of resolving these matters. Accordingly, actual costs incurred may differ materially from insured or reserved amounts and could materially adversely affect our business, cash flows, results of operations, and financial condition. We record reserves for legal proceedings in accordance with SFAS 5, Accounting for Contingencies (SFAS 5) (ASC 450). At June 30, 2009, Sempra Energy's reserves for unresolved legal proceedings, on a consolidated basis, were $289 million. At June 30, 2009, SDG&E and SoCalGas had reserves for unresolved legal proceedings of $269 million and $12 million, respectively. The amounts for Sempra Energy Consolidated and SDG&E include $248 million of expected insurance settlements related to the SDG&E 2007 wildfire litigation discussed below, which we expect would be paid by SDG&E's liability insurers directly to the homeowners' insurers. SDG&E 2007 Wildfire Litigation In October 2007, San Diego County experienced catastrophic wildfires. In July 2008, the California Department of Forestry and Fire Protection (Cal Fire) issued investigation reports stating that two fires (the Witch and Rice fires) were SDG&E "power line caused" and that a third fire (the Guejito fire) occurred when a wire securing a Cox Communications' fiber optic cable came into contact with an SDG&E power line "causing an arc and starting the fire." Cal Fire states that the Rice fire burned approximately 9,500 acres and damaged 206 homes and two commercial properties. The reports indicate that the Witch and Guejito fires merged and eventually burned approximately 198,000 acres, resulted in two fatalities, injured approximately 40 firefighters and destroyed approximately 1,141 homes. Cal Fire is still investigating the perimeters of these two fires to determine the damages associated with each fire. In September 2008, the Consumer Protection and Safety Division of the CPUC issued a staff investigative report reaching substantially the same conclusions as the Cal Fire reports. However, the staff report also opines that the power lines involved in the Witch and Rice fires and the lashing wire involved in the Guejito fire were not properly designed, constructed and maintained as required by CPUC rules. In November 2008, the CPUC initiated investigations to determine whether SDG&E and Cox Communications violated any rules or regulations in connection with the fires. Hearings scheduled to commence in June 2009 were suspended pending the finalization of an agreement in principle between SDG&E and the Consumer Protection and Safety Division that, if approved by the CPUC, would resolve the investigations.More than 100 lawsuits have been filed against SDG&E and Sempra Energy in San Diego County Superior Court seeking to recover damages in unspecified amounts, including punitive damages and other costs associated with the three fires. The lawsuits assert various bases for recovery, including inverse condemnation based upon a California Court of Appeal decision finding that another Cali

SEGMENT INFORMATION

SEGMENT INFORMATION
	6 Months Ended Jun. 30, 2009
Notes to Condensed Consolidated Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 11. SEGMENT INFORMATIONWe have five separately managed reportable segments, as follows: SDG&E provides electric service in California to San Diego and southern Orange counties and natural gas service to San Diego County. SoCalGas is a natural gas distribution utility, serving customers throughout most of Southern California and part of central California. Sempra Commodities holds our investment in RBS Sempra Commodities, a joint venture with RBS. The partnership was formed on April 1, 2008 from our commodities-marketing businesses previously reported in this segment. The partnership's commodity trading businesses serve customers in natural gas, electricity, petroleum and petroleum products, and base metals.Sempra Commodities also includes the operating results of Sempra Rockies Marketing, which holds firm service capacity on the Rockies Express Pipeline. Sempra Generation develops, owns and operates electric power plants in California, Nevada, Arizona and Mexico to serve wholesale electricity markets in North America. Sempra Pipelines & Storage develops, owns and operates, or holds interests in, natural gas pipelines and storage facilities in the United States and Mexico, and companies that provide natural gas or electricity services in Argentina, Chile, Mexico and Peru. We are currently pursuing the sale of our interests in the Argentine utilities, which we discuss further in Note 4 of the Notes to Consolidated Financial Statements in the Annual Report. Sempra Pipelines & Storage also operates a small natural gas distribution utility in Southwest Alabama.We evaluate each segment's performance based on its contribution to Sempra Energy's reported earnings. The Sempra Utilities operate in essentially separate service territories, under separate regulatory frameworks and rate structures set by the CPUC. The Sempra Utilities' operations are based on rates set by the CPUC and the FERC. We describe the accounting policies of our segments in Note 1 of the Notes to Consolidated Financial Statements in the Annual Report.The following tables show selected information by segment from our Condensed Consolidated Statements of Operations and Condensed Consolidated Balance Sheets. Amounts labeled as "all other" in the following tables consist primarily of parent organizations and Sempra LNG. SEGMENT INFORMATION (Dollars in millions) Three months ended June 30, Six months ended June 30, 2009 2008 2009 2008 REVENUES SDG&E $ 631 37 % $ 754 30 % $ 1,363 36 % $ 1,500 26 % SoCalGas 694 41 1,143 46 1,614 42 2,699 47 Sempra Commodities 13 1 16 - 26 1 473 8 Sempra Generation 245 15 482 19 542 14 928 16 Sempra Pipelines & Storage 98 6 118 5 230 6 211 3 All other 25 1 5 - 57 2 (5) - Adjustments and eliminations - - 1 - - - (5) - Intersegment revenues (17) (1) (16) - (35) (1) (28) - Total $ 1,689 100 % $ 2,503 100 % $ 3,797 100 % $ 5,773 100 % INTEREST EXPENSE SDG&E $ 21 $ 22 $ 46 $ 49 SoCalGas 18 14 35 30 Sempra Commodities 3 4 6 16 Sempra Generation 4 4 8 8 Sempra Pipelines & Storage 7 4 14 6 A

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION (USD $)
In Billions, except Share data in Millions	6 Months Ended Jun. 30, 2009
Document Information
Document type	10-Q
Document period end date	2009-06-30
Amendment flag	false
Entity Information
Entity registrant name	Sempra Energy
Entity central index key	0001032208
Current fiscal year end date	--12-31
Entity well-known seasoned issuer	Yes
Entity voluntary filers	No
Entity current reporting status	Yes
Entity filer category	Large Accelerated Filer
Entity public float	$14
Common stock outstanding	0