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Interest and Other Income and Other Expenses
12 Months Ended
Dec. 31, 2014
Other Income and Expenses [Abstract]  
Interest and Other Income and Other Expenses
Interest and Other Income and Other Expenses
Interest and other income and other expenses are as follows:
 
 
Years ended December 31,
(in millions)
 
2014
 
2013
 
2012
SCE interest and other income:
 
 
 
 
 
 
Equity allowance for funds used during construction
 
$
65

 
$
72

 
$
96

Increase in cash surrender value of life insurance policies and life insurance benefits
 
36

 
30

 
27

Interest income
 
5

 
10

 
7

Other
 
16

 
10

 
14

Total SCE interest and other income
 
122

 
122

 
144

Edison International Parent and Other income
 
25

 
2

 
5

Total Edison International interest and other income
 
$
147

 
$
124

 
$
149

SCE other expenses:
 
 
 
 
 
 
Civic, political and related activities and donations
 
$
35

 
$
37

 
$
32

Penalties
 
16

 
20

 

Other
 
28

 
17

 
18

Total SCE other expenses
 
79

 
74

 
50

Edison International Parent and Other other expenses
 
1

 

 
2

Total Edison International other expenses
 
$
80

 
$
74

 
$
52


In August 2014, the CPUC approved two settlement agreements between SCE and the SED related to 2011 events in San Bernardino and San Gabriel, California. The settlement agreements resulted in SCE paying a $15 million penalty to the State General Fund. In 2013, SCE and the Safety and Enforcement Division of the CPUC agreed to terms of a settlement related to the 2007 wildfire in Malibu, California. The settlement agreement resulted in SCE paying a $20 million penalty to the State General Fund.