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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 161 $ 132
Receivables, less allowances for uncollectible accounts at respective dates 771 790
Accrued unbilled revenue 565 632
Inventory 267 281
Derivative assets 79 102
Regulatory assets 560 1,254
Other current assets 251 376
Total current assets 2,654 3,567
Nuclear decommissioning trusts 4,331 4,799
Other investments 203 207
Total investments 4,534 5,006
Utility property, plant and equipment, less accumulated depreciation and amortization 34,945 32,859
Nonutility property, plant and equipment, less accumulated depreciation 140 122
Total property, plant and equipment 35,085 32,981
Derivative assets 84 219
Regulatory assets 7,512 7,612
Other long-term assets 441 349
Total long-term assets 8,037 8,180
Total assets 50,310 49,734
LIABILITIES AND EQUITY    
Short-term debt 695 1,291
Current portion of long-term debt 295 504
Accounts payable 1,310 1,580
Accrued taxes 72 81
Customer deposits 242 221
Derivative liabilities 218 196
Regulatory liabilities 1,128 401
Other current liabilities 967 1,205
Total current liabilities 4,927 5,479
Long-term debt 10,964 10,234
Deferred income taxes and credits 7,480 6,861
Derivative liabilities 1,100 1,052
Pensions and benefits 1,759 2,155
Asset retirement obligations 2,764 2,821
Regulatory liabilities 5,676 5,889
Other deferred credits and other long-term liabilities 2,246 2,255
Total deferred credits and other liabilities 21,025 21,033
Total liabilities $ 36,916 $ 36,746
Commitments and contingencies (Note 11)
Redeemable noncontrolling interest $ 6 $ 6
Common stock, no par value (800,000,000 shares authorized; 325,811,206 shares issued and outstanding at each date) and (560,000 shares authorized; 434,888,104 shares issued and outstanding at each date for SCE) 2,484 2,445
Accumulated other comprehensive loss (56) (58)
Retained earnings 8,940 8,573
Total common shareholders' equity 11,368 10,960
Noncontrolling interests – preferred and preference stock of utility 2,020 2,022
Total equity 13,388 12,982
Total liabilities and equity 50,310 49,734
Southern California Edison    
ASSETS    
Cash and cash equivalents 26 38
Receivables, less allowances for uncollectible accounts at respective dates 724 749
Accrued unbilled revenue 564 632
Inventory 256 275
Derivative assets 79 102
Regulatory assets 560 1,254
Other current assets 234 390
Total current assets 2,443 3,440
Nuclear decommissioning trusts 4,331 4,799
Other investments 168 158
Total investments 4,499 4,957
Utility property, plant and equipment, less accumulated depreciation and amortization 34,945 32,859
Nonutility property, plant and equipment, less accumulated depreciation 73 69
Total property, plant and equipment 35,018 32,928
Derivative assets 84 219
Regulatory assets 7,512 7,612
Other long-term assets 316 300
Total long-term assets 7,912 8,131
Total assets 49,872 49,456
LIABILITIES AND EQUITY    
Short-term debt 49 667
Current portion of long-term debt 79 300
Accounts payable 1,299 1,556
Accrued taxes 46 87
Customer deposits 242 221
Derivative liabilities 218 196
Regulatory liabilities 1,128 401
Other current liabilities 760 1,183
Total current liabilities 3,821 4,611
Long-term debt 10,537 9,624
Deferred income taxes and credits 9,073 8,497
Derivative liabilities 1,100 1,052
Pensions and benefits 1,284 1,672
Asset retirement obligations 2,762 2,819
Regulatory liabilities 5,676 5,889
Other deferred credits and other long-term liabilities 1,947 2,010
Total deferred credits and other liabilities 21,842 21,939
Total liabilities $ 36,200 $ 36,174
Commitments and contingencies (Note 11)
Common stock, no par value (800,000,000 shares authorized; 325,811,206 shares issued and outstanding at each date) and (560,000 shares authorized; 434,888,104 shares issued and outstanding at each date for SCE) $ 2,168 $ 2,168
Additional paid-in capital 652 618
Accumulated other comprehensive loss (22) (28)
Retained earnings 8,804 8,454
Total common shareholders' equity 11,602 11,212
Noncontrolling interests – preferred and preference stock of utility 2,070 2,070
Total equity 13,672 13,282
Total liabilities and equity $ 49,872 $ 49,456