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Consolidated Statements of Changes in Equity (Tables)
9 Months Ended
Sep. 30, 2012
Stockholders' Equity Note [Abstract]  
Consoldiated Statements of Changes in Equity
The following table provides the changes in equity for the nine months ended September 30, 2012.
 
Equity Attributable to Edison International
 
Noncontrolling
Interests
 
 
(in millions)
Common
Stock
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Subtotal
 
Other
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2011
$
2,360

 
$
(139
)
 
$
7,834

 
$
10,055

 
$
2

 
$
1,029

 
$
11,086

Net income

 

 
357

 
357

 
12

 
66

 
435

Other comprehensive loss

 
(29
)
 

 
(29
)
 

 

 
(29
)
Contributions from noncontrolling interests1

 

 

 

 
238

 

 
238

Transfer of assets to Capistrano Wind Partners2
(21
)
 

 

 
(21
)
 

 

 
(21
)
Common stock dividends declared ($0.975 per share)

 

 
(318
)
 
(318
)
 

 

 
(318
)
Dividends, distributions to noncontrolling interests and other

 

 

 

 
(14
)
 
(66
)
 
(80
)
Stock-based compensation and other
19

 

 
(64
)
 
(45
)
 

 

 
(45
)
Noncash stock-based compensation and other
27

 

 
(2
)
 
25

 

 

 
25

Issuance of preference stock

 

 

 

 

 
804

 
804

Redemption of preference stock



 
(1
)
 
(1
)
 


(74
)
 
(75
)
Balance at September 30, 2012
$
2,385

 
$
(168
)
 
$
7,806

 
$
10,023

 
$
238

 
$
1,759

 
$
12,020


1 
Funds contributed by third-party investors related to the Capistrano Wind equity capital raise are reported in noncontrolling interest. For further information, see Note 3.
2 
Common stock was reduced by $21 million during the nine months ended September 30, 2012 due to a new tax basis in the assets transferred to Capistrano Wind Partners. For further information, see Note 3.
The following table provides the changes in equity for the nine months ended September 30, 2011
 
Equity Attributable to Edison International
 
Noncontrolling
Interests
 
 
(in millions)
Common
Stock
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Subtotal
 
Other
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2010
$
2,331

 
$
(76
)
 
$
8,328

 
$
10,583

 
$
4

 
$
907

 
$
11,494

Net income (loss)

 

 
802

 
802

 
(1
)
 
44

 
845

Other comprehensive loss

 
(48
)
 

 
(48
)
 

 

 
(48
)
Common stock dividends declared ($0.96 per share)

 

 
(313
)
 
(313
)
 

 

 
(313
)
Dividends, distributions to noncontrolling interests and other

 

 

 

 
(1
)
 
(44
)
 
(45
)
Stock-based compensation and other
7

 

 
(21
)
 
(14
)
 

 

 
(14
)
Noncash stock-based compensation and other
22

 

 
(3
)
 
19

 

 
(1
)
 
18

Purchase of noncontrolling interest1
(14
)
 

 

 
(14
)
 

 

 
(14
)
Issuance of preference stock

 

 

 

 

 
123

 
123

Balance at September 30, 2011
$
2,346

 
$
(124
)
 
$
8,793

 
$
11,015

 
$
2

 
$
1,029

 
$
12,046

1 
During the nine months ended September 30, 2011, EMG purchased the remaining interests in Pinnacle Wind Force, LLC, and Broken Bow I, LLC and all assets of the Crofton Bluffs project. All three projects are now 100% owned by EMG. The purchases of the noncontrolling interests were accounted for as equity transactions between controlling and noncontrolling interest holders.