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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating revenue $ 4,356 $ 3,960 $ 10,298 $ 9,638
Fuel 77 95 219 249
Purchased power 2,105 1,713 4,344 3,569
Operation and maintenance 879 971 2,480 2,809
Depreciation, decommissioning and amortization 424 392 1,248 1,224
Impairment and other charges (3) 0 228 575
Total operating expenses 3,482 3,171 8,519 8,426
Operating income 874 789 1,779 1,212
Interest and other income 40 28 109 91
Interest expense (141) (137) (422) (402)
Other expenses (29) (15) (52) (38)
Income from continuing operations before income taxes 744 665 1,414 863
Income tax expense 220 177 284 173
Income from continuing operations 524 488 1,130 690
Income (loss) from discontinued operations, net of tax (16) (25) 146 (1)
Net income 508 463 1,276 689
Preferred and preference stock dividend requirements of utility 28 25 84 75
Net income attributable to common shareholders 480 438 1,192 614
Amounts attributable to common shareholders:        
Income from continuing operations, net of tax 496 463 1,046 615
Income (loss) from discontinued operations, net of tax (16) (25) 146 (1)
Net income attributable to common shareholders 480 438 1,192 614
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) $ 1.52 $ 1.42 $ 3.21 $ 1.88
Discontinued operations (in dollars per share) $ (0.05) $ (0.08) $ 0.45 $ 0.00
Total (in dollars per share) $ 1.47 $ 1.34 $ 3.66 $ 1.88
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) 329 328 329 329
Continuing operations (in dollars per share) $ 1.51 $ 1.41 $ 3.18 $ 1.87
Discontinued operations (in dollars per share) $ (0.05) $ (0.07) $ 0.44 $ 0.00
Total (in dollars per share) $ 1.46 $ 1.34 $ 3.62 $ 1.87
Dividends declared per common share (in dollars per share) $ 0.3550 $ 0.3375 $ 1.065 $ 1.0125
Southern California Edison
       
Operating revenue 4,338 3,957 10,276 9,631
Fuel 77 95 219 249
Purchased power 2,105 1,713 4,344 3,569
Operation and maintenance 776 875 2,187 2,540
Depreciation, decommissioning and amortization 423 392 1,248 1,223
Property and other taxes 76 78 232 229
Impairment and other charges 0 0 231 575
Total operating expenses 3,457 3,153 8,461 8,385
Operating income 881 804 1,815 1,246
Interest and other income 36 27 105 89
Interest expense (133) (131) (402) (384)
Other expenses (29) (15) (52) (38)
Income from continuing operations before income taxes 755 685 1,466 913
Income tax expense 224 183 310 196
Income from continuing operations     1,156 717
Net income 531 502 1,156 717
Preferred and preference stock dividend requirements of utility 28 25 84 75
Net income attributable to common shareholders 503 477 1,072 642
Amounts attributable to common shareholders:        
Net income attributable to common shareholders $ 503 $ 477 $ 1,072 $ 642