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Debt and Credit Agreements
6 Months Ended
Jun. 30, 2013
Debt Disclosure [Abstract]  
Debt and Credit Agreements
Debt and Credit Agreements
Long-Term Debt
In March 2013, SCE issued $400 million of 3.90% first and refunding mortgage bonds due in 2043. The proceeds from these bonds were used to repay commercial paper borrowings and to fund SCE's capital program.
Credit Agreements and Short-Term Debt
At June 30, 2013, SCE's outstanding commercial paper was $828 million at a weighted-average interest rate of 0.27%. This commercial paper was supported by a $2.75 billion multi-year revolving credit facility. At June 30, 2013, letters of credit issued under SCE's credit facility aggregated $96 million and are scheduled to expire in twelve months or less. At December 31, 2012, the outstanding commercial paper was $175 million at a weighted-average interest rate of 0.37%.
At June 30, 2013, Edison International Parent's outstanding short-term debt was $25 million at a weighted-average interest rate of 1.48%. This short-term debt was supported by a $1.25 billion multi-year revolving credit facility. At December 31, 2012, Edison International had no outstanding short-term debt.
On July 18, 2013, SCE and Edison International Parent amended their credit facilities to extend the maturity dates to July 2018 for $2.6 billion and $1.182 billion, respectively. The remaining $150 million and $68 million of the SCE and Edison International Parent credit facilities, respectively, will mature in May 2017.