Consolidated Statements of Changes in Equity

6 Months Ended

Jun. 30, 2014

Statement of Stockholders' Equity [Abstract]

Consolidated Statements of Changes in Equity

Consolidated Statements of Changes in Equity

The following table provides Edison International's changes in equity for the six months ended June 30, 2014:

	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, 2013	$	2,403	$	(13	)	$	7,548		$	9,938		$	1,753		$	11,691
Net income	—		—			712			712			56			768
Common stock dividends declared ($0.71 per share)	—		—			(231		)	(231		)	—			(231		)
Dividends, distributions to noncontrolling interests	—		—			—			—			(57		)	(57		)
Stock-based compensation and other	17		—			(68		)	(51		)	—			(51		)
Non-cash stock-based compensation and other	14		—			(1		)	13			1			14
Issuance of preference stock	—		—			—			—			269			269
Balance at June 30, 2014	$	2,434	$	(13	)	$	7,960		$	10,381		$	2,022		$	12,403

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		)
Non-cash 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

The following table provides SCE's changes in equity for the six months ended June 30, 2014:

	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, 2013	$	2,168	$	592		$	(11	)	$	7,594		$	1,795	$	12,138
Net income	—		—			—			626			—		626
Other comprehensive income	—		—			3			—			—		3
Dividends declared on common stock	—		—			—			(252		)	—		(252		)
Dividends on preferred and preference stock	—		—			—			(57		)	—		(57		)
Stock-based compensation and other	—		12			—			(42		)	—		(30		)
Non-cash stock-based compensation and other	—		5			—			(2		)	—		3
Issuance of preference stock	—		(6		)	—			—			275		269
Balance at June 30, 2014	$	2,168	$	603		$	(8	)	$	7,867		$	2,070	$	12,700

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 on preferred and preference stock	—		—			—			(51		)	—			(51		)
Stock-based compensation and other	—		1			—			(35		)	—			(34		)
Non-cash 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