For the quarter ending 2025-09-30, SOCGM had $2,842M increase in cash & cash equivalents over the period. -$1,451M in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 150 | 1,438 |
| Depreciation and amortization | 662 | 1,293 |
| Deferred income taxes and investment tax credits | 430 | 128 |
| Equity earnings | 472 | 718 |
| Share-based compensation expense | 14 | 11 |
| Fixed-price contracts and other derivatives | -51 | -82 |
| Bad debt expense | 72 | 37 |
| Other | -39 | 36 |
| Net change in working capital components | 247 | 498 |
| Distributions from investments | 312 | 516 |
| Changes in other noncurrent assets and liabilities, net | -99 | -13 |
| Net cash provided by operating activities | 1,110 | 2,266 |
| Expenditures for property, plant and equipment | 2,561 | 4,640 |
| Expenditures for investments | 520 | 972 |
| Purchases of nuclear decommissioning and other trust assets | 215 | 531 |
| Proceeds from sales of nuclear decommissioning and other trust assets | 251 | 580 |
| Other | -3 | 0 |
| Net cash used in investing activities | -3,042 | -5,563 |
| Common dividends paid | 408 | 787 |
| Preferred dividends paid | 0 | 22 |
| Issuances of common stock | 7 | 19 |
| Repurchases of common stock | 0 | 58 |
| Issuances of debt (maturities greater than 90 days) | 3,434 | 5,458 |
| Payments on debt (maturities greater than 90 days) and finance leases | 731 | 3,411 |
| Decrease in short-term debt, net | -852 | 682 |
| Advances from unconsolidated affiliates | 52 | 44 |
| Contributions from contingently redeemable noncontrolling interest, net of transaction costs | 3,212 | - |
| Proceeds from investor equity subscription | 106 | - |
| Contributions from noncontrolling interests | 54 | 83 |
| Distributions to noncontrolling interests | 40 | 91 |
| Other | -64 | -26 |
| Net cash provided by financing activities | 4,770 | 1,891 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 3 | 1 |
| Less increase in cash held for sale | - | 1 |
| Increase in cash, cash equivalents and restricted cash | 2,842 | -1,406 |
| Cash and cash equivalents at beginning of period | 1,589 | - |
| Cash and cash equivalents at end of period | 3,025 | - |
SOUTHERN CALIFORNIA GAS CO (SOCGM)
SOUTHERN CALIFORNIA GAS CO (SOCGM)