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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Total operating revenue $ 3,763 $ 4,356 $ 9,183 $ 10,298
Purchased power and fuel 1,785 2,182 3,648 4,563
Operation and maintenance 780 802 2,159 2,245
Depreciation, decommissioning and amortization 506 424 1,451 1,248
Property and other taxes 84 77 255 235
Impairment and other charges 0 (3) 0 228
Total operating expenses 3,155 3,482 7,513 8,519
Operating income 608 874 1,670 1,779
Interest and other income 32 40 114 109
Interest expense (138) (141) (420) (422)
Other expenses (15) (29) (40) (52)
Income from continuing operations before income taxes 487 744 1,324 1,414
Income tax expense 82 220 195 284
Income from continuing operations 405 524 1,129 1,130
Income (loss) from discontinued operations, net of tax 43 (16) 43 146
Net income 448 508 1,172 1,276
Preferred and preference stock dividend requirements of utility 28 28 84 84
Other noncontrolling interests (1) 0 (11) 0
Net income attributable to common shareholders 421 480 1,099 1,192
Amounts attributable to Edison International common shareholders:        
Income from continuing operations, net of tax 378 496 1,056 1,046
Income (loss) from discontinued operations, net of tax 43 (16) 43 146
Net income attributable to common shareholders $ 421 $ 480 $ 1,099 $ 1,192
Basic earnings 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) $ 1.16 $ 1.52 $ 3.24 $ 3.21
Discontinued operations (in dollars per share) 0.13 (0.05) 0.13 0.45
Total (in dollars per share) $ 1.29 $ 1.47 $ 3.37 $ 3.66
Diluted earnings per common share attributable to Edison International common shareholders:        
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) 328 329 329 329
Continuing operations (in dollars per share) $ 1.15 $ 1.51 $ 3.21 $ 3.18
Discontinued operations (in dollars per share) 0.13 (0.05) 0.13 0.44
Total (in dollars per share) 1.28 1.46 3.34 3.62
Dividends declared per common share (in dollars per share) $ 0.4175 $ 0.3550 $ 1.2525 $ 1.065
Southern California Edison        
Total operating revenue $ 3,757 $ 4,338 $ 9,166 $ 10,276
Purchased power and fuel 1,785 2,182 3,648 4,563
Operation and maintenance 756 776 2,101 2,187
Depreciation, decommissioning and amortization 506 423 1,449 1,248
Property and other taxes 84 76 254 232
Impairment and other charges 0 0 0 231
Total operating expenses 3,131 3,457 7,452 8,461
Operating income 626 881 1,714 1,815
Interest and other income 29 36 93 105
Interest expense (131) (133) (398) (402)
Other expenses (15) (29) (39) (52)
Income from continuing operations before income taxes 509 755 1,370 1,466
Income tax expense 92 224 207 310
Income from continuing operations     1,163 1,156
Net income 417 531 1,163 1,156
Preferred and preference stock dividend requirements of utility 28 28 84 84
Net income attributable to common shareholders 389 503 1,079 1,072
Amounts attributable to Edison International common shareholders:        
Net income attributable to common shareholders $ 389 $ 503 $ 1,079 $ 1,072