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Debt and Credit Agreements (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Long-term debt
The following table summarizes long-term debt (rates and terms are as of December 31, 2015) of Edison International and SCE:
 
December 31,
(in millions)
2015
 
2014
Edison International Parent and Other:
 
 
 
Debentures and notes:
 
 
 
2016 – 2017 (0% to 3.75%)
$
614

 
$
817

Other long-term debt
31

 
2

Current portion of long-term debt
(216
)
 
(204
)
Unamortized debt discount, net
(2
)
 
(5
)
Total Edison International Parent and Other
427

 
610

SCE:
 
 
 
First and refunding mortgage bonds:
 
 
 
2017 – 2045 (1.125% to 6.05%)
9,436

 
8,875

Pollution-control bonds:
 
 
 
2028 – 2035 (1.375% to 5.0% and variable)1
909

 
779

Debentures and notes:
 
 
 
2029 – 2053 (5.06% to 6.65%)
307

 
307

Current portion of long-term debt
(79
)
 
(300
)
Unamortized debt discount, net
(36
)
 
(37
)
Total SCE
10,537

 
9,624

Total Edison International
$
10,964

 
$
10,234

1 
Includes outstanding bonds that have not been retired and may be remarketed to investors in the future. These bonds have variable rates and are due in 2031 at December 31, 2015.
Long-term debt maturities
Edison International and SCE long-term debt maturities over the next five years are the following:
(in millions)
Edison International
 
SCE
2016
$
295

 
$
79

2017
903

 
500

2018
402

 
400

2019
2

 

2020
1

 

Summary for status of credit facilities
The following table summarizes the status of the credit facilities at December 31, 2015:
(in millions)
Edison International Parent
 
SCE
Commitment
$
1,250

 
$
2,750

Outstanding borrowings
(646
)
 
(49
)
Outstanding letters of credit

 
(125
)
Amount available
$
604

 
$
2,576