Southern California Gas Company PFD 6% (SOCGM) 8-K Sempra Reports 2021 Financial

Exhibit 99.2

SEMPRA ENERGY
Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Three months ended December 31, 2021		SDG&E		SoCalGas		Sempra Texas Utilities		Sempra Infrastructure		Consolidating Adjustments, Parent & Other		Total
Revenues		$	1,385	$	1,777	$	—	$	728	$	(46)	$	3,844
Cost of sales and other expenses		(804)		(1,299)		(2)		(346)		4		(2,447)
Aliso Canyon litigation and regulatory matters		—		(22)		—		—		—		(22)
Depreciation and amortization		(230)		(183)		—		(63)		(3)		(479)
Gain on sale of asset		—		—		—		—		36		36
Other income (expense), net		3		(12)		—		(8)		23		6
Income (loss) before interest and tax(1)		354		261		(2)		311		14		938
Net interest expense		(105)		(38)		—		(58)		(202)		(403)
Income tax expense		(33)		(25)		—		(74)		(12)		(144)
Equity earnings, net		—		—		139		182		—		321
(Earnings) losses attributable to noncontrolling interests		—		—		—		(98)		1		(97)
Preferred dividends		—		—		—		—		(11)		(11)
Earnings (losses) attributable to common shares		$	216	$	198	$	137	$	263	$	(210)	$	604
Three months ended December 31, 2020		SDG&E		SoCalGas		Sempra Texas Utilities		Sempra Infrastructure		Consolidating Adjustments, Parent & Other		Total
Revenues		$	1,337	$	1,501	$	—	$	362	$	(29)	$	3,171
Cost of sales and other expenses		(813)		(985)		—		(206)		(4)		(2,008)
Aliso Canyon litigation and regulatory matters		—		(180)		—		—		—		(180)
Depreciation and amortization		(203)		(168)		—		(50)		(3)		(424)
Loss on sale of assets		—		—		—		—		(3)		(3)
Other income (expense), net		5		(49)		—		127		32		115
Income (loss) before interest and tax(1)		326		119		—		233		(7)		671
Net interest expense		(106)		(39)		—		(11)		(87)		(243)
Income tax (expense) benefit		(29)		(1)		(1)		(251)		93		(189)
Equity earnings, net		—		—		122		71		—		193
Losses attributable to noncontrolling interests		—		—		—		29		—		29
Preferred dividends		—		—		—		—		(47)		(47)
Earnings (losses) attributable to common shares		$	191	$	79	$	121	$	71	$	(48)	$	414
(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.

SEMPRA ENERGY
Table F (Unaudited)
STATEMENTS OF OPERATIONS DATA BY SEGMENT
(Dollars in millions)
Year ended December 31, 2021		SDG&E		SoCalGas		Sempra Texas Utilities		Sempra Infrastructure		Consolidating Adjustments, Parent & Other		Total
Revenues		$	5,504	$	5,515	$	—	$	1,997	$	(159)	$	12,857
Cost of sales and other expenses		(3,248)		(3,772)		(6)		(1,196)		67		(8,155)
Aliso Canyon litigation and regulatory matters		—		(1,593)		—		—		—		(1,593)
Depreciation and amortization		(889)		(716)		—		(239)		(11)		(1,855)
Gain on sale of asset		—		—		—		—		36		36
Other income (expense), net		64		(14)		—		(36)		44		58
Income (loss) before interest and tax(1)		1,431		(580)		(6)		526		(23)		1,348
Net interest expense		(411)		(156)		—		(130)		(432)		(1,129)
Income tax (expense) benefit		(201)		310		—		(238)		30		(99)
Equity earnings, net		—		—		622		671		50		1,343
(Earnings) losses attributable to noncontrolling interests		—		—		—		(147)		2		(145)
Preferred dividends		—		(1)		—		—		(63)		(64)
Earnings (losses) attributable to common shares		$	819	$	(427)	$	616	$	682	$	(436)	1,254
Year ended December 31, 2020		SDG&E		SoCalGas		Sempra Texas Utilities		Sempra Infrastructure		Consolidating Adjustments, Parent & Other		Total
Revenues		$	5,313	$	4,748	$	—	$	1,400	$	(91)	$	11,370
Cost of sales and other expenses		(3,139)		(3,002)		—		(728)		(3)		(6,872)
Aliso Canyon litigation and regulatory matters		—		(307)		—		—		—		(307)
Depreciation and amortization		(801)		(654)		—		(198)		(13)		(1,666)
Loss on sale of assets		—		—		—		—		(3)		(3)
Other income (expense), net		52		(28)		—		(84)		12		(48)
Income (loss) before interest and tax(1)		1,425		757		—		390		(98)		2,474
Net interest expense		(411)		(156)		—		(33)		(385)		(985)
Income tax (expense) benefit		(190)		(96)		(1)		(149)		187		(249)
Equity earnings (losses), net		—		—		580		535		(100)		1,015
(Earnings) losses attributable to noncontrolling interests		—		—		—		(163)		1		(162)
Preferred dividends		—		(1)		—		—		(168)		(169)
Earnings (losses) from continuing operations		$	824	$	504	$	579	$	580	$	(563)	1,924
Earnings from discontinued operations(2)												1,840
Earnings attributable to common shares												$	3,764
(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 $1,747 million gain on the sale of our South American businesses in the second quarter of 2020.