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Consolidated Statements of Changes in Equity (Tables)
6 Months Ended
Jun. 30, 2013
Statement of Stockholders' Equity [Abstract]  
Schedule of changes in equity
The following table provides Edison International's changes in equity for the six months ended June 30, 2013:
 
Equity Attributable to Edison International
 
Noncontrolling Interests
 
 
(in millions)
Common
Stock
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Subtotal
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2012
$
2,373

 
$
(87
)
 
$
7,146

 
$
9,432

 
$
1,759

 
$
11,191

Net income

 

 
176

 
176

 
51

 
227

Other comprehensive income

 
5

 

 
5

 

 
5

Common stock dividends declared ($0.675 per share)

 

 
(220
)
 
(220
)
 

 
(220
)
Dividends, distributions to noncontrolling interests

 

 

 

 
(51
)
 
(51
)
Stock-based compensation and other
3

 

 
(40
)
 
(37
)
 

 
(37
)
Noncash stock-based compensation and other
12

 

 
(5
)
 
7

 
(1
)
 
6

Issuance of preference stock

 

 

 

 
387

 
387

Redemption of preference stock

 

 
(8
)
 
(8
)
 
(392
)
 
(400
)
Balance at June 30, 2013
$
2,388

 
$
(82
)
 
$
7,049

 
$
9,355

 
$
1,753

 
$
11,108


During the first quarter of 2013, SCE redeemed all outstanding shares of Series B and C preference stock and charged the issuance costs to retained earnings.
The following table provides Edison International's changes in equity for the six months ended June 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

 

 
167

 
167

 

 
41

 
208

Other comprehensive loss

 
(17
)
 

 
(17
)
 

 

 
(17
)
Contributions from noncontrolling interests

 

 

 

 
238

 

 
238

Transfer of assets to Capistrano Wind Partners
(21
)
 

 

 
(21
)
 

 

 
(21
)
Common stock dividends declared ($0.65 per share)

 

 
(212
)
 
(212
)
 

 

 
(212
)
Dividends, distributions to noncontrolling interests and other

 

 

 

 

 
(41
)
 
(41
)
Stock-based compensation and other
15

 

 
(56
)
 
(41
)
 

 

 
(41
)
Noncash stock-based compensation and other
17

 

 
(2
)
 
15

 

 

 
15

Issuance of preference stock

 

 

 

 

 
805

 
805

Redemption of preference stock

 

 
(1
)
 
(1
)
 

 
(74
)
 
(75
)
Balance at June 30, 2012
$
2,371

 
$
(156
)
 
$
7,730

 
$
9,945

 
$
240

 
$
1,760

 
$
11,945

The following table provides SCE's changes in equity for the six months ended June 30, 2013:
 
Equity Attributable to SCE
 
 
 
 
(in millions)
Common
Stock
 
Additional
Paid-in
Capital
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2012
$
2,168

 
$
581

 
$
(29
)
 
$
7,228

 
$
1,795

 
$
11,743

Net income

 

 

 
216

 

 
216

Other comprehensive loss

 

 
(1
)
 

 

 
(1
)
Dividends declared on common stock

 

 

 
(240
)
 

 
(240
)
Dividends declared on preferred and preference stock

 

 

 
(51
)
 

 
(51
)
Stock-based compensation and other

 
1

 

 
(35
)
 

 
(34
)
Noncash stock-based compensation and other

 
7

 

 
5

 

 
12

Issuance of preference stock

 
(13
)
 

 

 
400

 
387

Redemption of preference stock

 
8

 

 
(8
)
 
(400
)
 
(400
)
Balance at June 30, 2013
$
2,168

 
$
584

 
$
(30
)
 
$
7,115

 
$
1,795

 
$
11,632

During the first quarter of 2013, SCE redeemed all outstanding shares of Series B and C preference stock and charged the issuance costs to retained earnings.
The following table provides SCE's changes in equity for the six months ended June 30, 2012:
 
Equity Attributable to SCE
 
 
 
 
(in millions)
Common
Stock
 
Additional
Paid-in
Capital
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2011
$
2,168

 
$
596

 
$
(24
)
 
$
6,173

 
$
1,045

 
$
9,958

Net income

 

 

 
414

 

 
414

Dividends declared on common stock

 

 

 
(233
)
 

 
(233
)
Dividends declared on preferred and preference stock

 

 

 
(41
)
 

 
(41
)
Stock-based compensation and other

 
10

 

 
(30
)
 

 
(20
)
Noncash stock-based compensation and other

 
8

 

 

 

 
8

Issuance of preference stock

 
(20
)
 

 

 
825

 
805

Redemption of preference stock

 
1

 

 
(1
)
 
(75
)
 
(75
)
Balance at June 30, 2012
$
2,168

 
$
595

 
$
(24
)
 
$
6,282

 
$
1,795

 
$
10,816