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Consolidated Statements of Comprehensive Income (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net income (loss) $ 1,015 $ (92) $ 22
Pension and postretirement benefits other than pensions:      
Net gain (loss) arising during the period plus amortization, net of income tax expense (benefit) of $13, $30 and $(9) for the years ended December 31, 2013, 2012 and 2011, respectively 72 13 (13)
Prior service cost arising during the period plus amortization, net of income tax expense of $3 for the year ended December 31, 2012 0 5 0
Unrealized loss on derivatives qualified as cash flow hedges:      
Unrealized holding gain (loss) arising during the period, net of income tax benefit of $15 and $7 for the years ended December 31, 2012 and 2011, respectively 0 (21) (12)
Reclassification adjustments included in net income (loss), net of income tax expense (benefit) of $37 and $(25) for the years ended December 31, 2012 and 2011, respectively 0 55 (38)
Other, net of income tax expense of $1 for the year ended December 31, 2013 2 0 0
Other comprehensive income (loss) 74 52 (63)
Comprehensive income (loss) 1,089 (40) (41)
Less: Comprehensive income attributable to noncontrolling interests 100 91 59
Comprehensive income attributable to Company 989 (131) (100)
Southern California Edison
     
Net income (loss) 1,000 [1],[2],[3] 1,660 [1],[2] 1,144
Pension and postretirement benefits other than pensions:      
Net gain (loss) arising during the period plus amortization, net of income tax expense (benefit) of $13, $30 and $(9) for the years ended December 31, 2013, 2012 and 2011, respectively 16 (5) 1
Unrealized loss on derivatives qualified as cash flow hedges:      
Other, net of income tax expense of $1 for the year ended December 31, 2013 2 0 0
Other comprehensive income (loss) 18 (5) 1
Comprehensive income (loss) $ 1,018 $ 1,655 $ 1,145
[1] During the fourth quarter of 2012, SCE corrected errors, primarily related to deferred taxes, that resulted in a net earnings benefit of $33 million which were not considered material to the current and prior period consolidated financial statements.
[2] During the fourth quarter of 2012, SCE implemented the 2012 GRC Decision which resulted in an earnings impact of approximately $500 million.
[3] During the second quarter of 2013, SCE recorded an impairment charge of $575 million ($365 million after tax) related to the permanent retirement of San Onofre Units 2 and 3.