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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Electric utility $ 3,730 $ 3,385 $ 8,791 $ 8,060
Competitive power generation 340 437 1,009 1,277
Total operating revenue 4,070 3,822 9,800 9,337
Fuel 270 272 678 671
Purchased power 1,612 1,264 3,049 2,422
Operation and maintenance 1,152 1,071 3,450 3,325
Depreciation, decommissioning and amortization 465 430 1,389 1,272
(Gain) loss on sale of assets and other (65) 0 (60) 8
Total operating expenses 3,434 3,037 8,506 7,698
Operating income 636 785 1,294 1,639
Interest and dividend income 3 4 19 38
Equity in income from unconsolidated affiliates, net 25 56 42 68
Other income 37 27 105 110
Interest expense (214) (203) (643) (600)
Other expenses (10) (11) (36) (37)
Income from continuing operations before income taxes 477 658 781 1,218
Income tax expense 181 232 217 370
Income from continuing operations 296 426 564 848
Income (loss) from discontinued operations, net of tax (76) 15 (129) (3)
Net income 220 441 435 845
Dividends on preferred and preference stock of utility 25 15 66 44
Other noncontrolling interests 5 0 12 (1)
Net income attributable to Edison International common shareholders 190 426 357 802
Amounts attributable to Edison International common shareholders:        
Income from continuing operations, net of tax 266 411 486 805
Income (loss) from discontinued operations, net of tax (76) 15 (129) (3)
Net income attributable to Edison International common shareholders $ 190 $ 426 $ 357 $ 802
Basic earnings (loss) per common share attributable to Edison International common shareholders:        
Weighted-average shares of common stock outstanding (in shares) 326 326 326 326
Continuing operations (in dollars per share) $ 0.81 $ 1.26 $ 1.49 $ 2.47
Discontinued operations (in dollars per share) $ (0.23) $ 0.05 $ (0.40) $ (0.01)
Total (in dollars per share) $ 0.58 $ 1.31 $ 1.09 $ 2.46
Diluted earnings (loss) per common share attributable to Edison International common shareholders:        
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) 329 329 328 329
Continuing operations (in dollars per share) $ 0.81 $ 1.25 $ 1.48 $ 2.46
Discontinued operations (in dollars per share) $ (0.23) $ 0.05 $ (0.39) $ (0.01)
Total (in dollars per share) $ 0.58 $ 1.30 $ 1.09 $ 2.45
Dividends declared per common share (in dollars per share) $ 0.325 $ 0.320 $ 0.975 $ 0.960