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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating revenue $ 3,046 $ 2,653 $ 5,678 $ 5,068
Fuel 81 61 154 138
Purchased power 1,076 822 1,855 1,437
Operation and maintenance 967 951 1,840 1,899
Depreciation, decommissioning and amortization 418 400 832 788
Asset impairment and other 575 (1) 575 0
Asset impairment     575 0
Total operating expenses 3,117 2,233 5,256 4,262
Operating income (loss) (71) 420 422 806
Interest and other income 34 40 63 73
Interest expense (133) (134) (265) (260)
Other expenses (14) (19) (21) (26)
Income (loss) from continuing operations before income taxes (184) 307 199 593
Income tax expense (benefit) (102) 100 (4) 192
Income (loss) from continuing operations (82) 207 203 401
Income (loss) from discontinued operations, net of tax 12 (109) 24 (193)
Net income (loss) (70) 98 227 208
Dividends on preferred and preference stock of utility 24 23 51 41
Other noncontrolling interests 0 1 0 0
Net income (loss) attributable to common shareholders (94) 74 176 167
Amounts attributable to common shareholders:        
Income (loss) from continuing operations, net of tax (106) 183 152 360
Income (loss) from discontinued operations, net of tax 12 (109) 24 (193)
Net income (loss) attributable to common shareholders (94) 74 176 167
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) $ (0.33) $ 0.56 $ 0.47 $ 1.10
Discontinued operations (in dollars per share) $ 0.04 $ (0.33) $ 0.07 $ (0.59)
Total (in dollars per share) $ (0.29) $ 0.23 $ 0.54 $ 0.51
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) 326 334 329 333
Continuing operations (in dollars per share) $ (0.33) $ 0.55 $ 0.47 $ 1.08
Discontinued operations (in dollars per share) $ 0.04 $ (0.33) $ 0.07 $ (0.58)
Total (in dollars per share) $ (0.29) $ 0.22 $ 0.54 $ 0.50
Dividends declared per common share (in dollars per share) $ 0.3375 $ 0.325 $ 0.6750 $ 0.65
Southern California Edison
       
Operating revenue 3,045 2,651 5,674 5,063
Fuel 81 61 154 138
Purchased power 1,076 822 1,855 1,437
Operation and maintenance 879 866 1,665 1,717
Depreciation, decommissioning and amortization 417 399 832 788
Property and other taxes 72 73 151 156
Asset impairment 575 0 575 0
Total operating expenses 3,100 2,221 5,232 4,236
Operating income (loss) (55) 430 442 827
Interest and other income 30 38 61 70
Interest expense (127) (127) (253) (249)
Other expenses (14) (19) (21) (26)
Income (loss) from continuing operations before income taxes (166) 322 229 622
Income tax expense (benefit) (99) 108 13 208
Net income (loss) (67) 214 216 414
Dividends on preferred and preference stock of utility 24 23 51 41
Net income (loss) attributable to common shareholders (91) 191 165 373
Amounts attributable to common shareholders:        
Net income (loss) attributable to common shareholders $ (91) $ 191 $ 165 $ 373