XML 76 R56.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fair Value Measurements (Fair Value by Level) (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Assets at fair value        
Nuclear decommissioning trusts $ 4,331 $ 4,799    
Liabilities at fair value        
Money market funds 37 35    
Level 1        
Liabilities at fair value        
Money market funds 29 30    
Southern California Edison        
Assets at fair value        
Nuclear decommissioning trusts $ 4,331 $ 4,799 $ 4,494 $ 4,048
Liabilities at fair value        
Percentage of equity investments located in the United States (as a percent) 70.00% 73.00%    
Collateralized mortgage obligations and other asset backed securities $ 111 $ 49    
Receivables (payables) net related to investments (24) (57)    
Money market funds 8 5    
Southern California Edison | Stocks        
Assets at fair value        
Nuclear decommissioning trusts 1,460 2,031    
Southern California Edison | Fair Value, Measurements, Recurring | Level 1        
Assets at fair value        
Derivative contracts 0 0    
Other 28 33    
Nuclear decommissioning trusts [1] 2,498 3,340    
Total assets 2,526 3,373    
Liabilities at fair value        
Derivative contracts 0 0    
Total liabilities 0 0    
Net assets (liabilities) 2,526 3,373    
Southern California Edison | Fair Value, Measurements, Recurring | Level 1 | Stocks        
Assets at fair value        
Nuclear decommissioning trusts [2] 1,460 2,031    
Southern California Edison | Fair Value, Measurements, Recurring | Level 1 | Fixed Income        
Assets at fair value        
Nuclear decommissioning trusts [3] 947 703    
Southern California Edison | Fair Value, Measurements, Recurring | Level 1 | Short-term investments, primarily cash equivalents        
Assets at fair value        
Nuclear decommissioning trusts 91 606    
Southern California Edison | Fair Value, Measurements, Recurring | Level 2        
Assets at fair value        
Derivative contracts 0 0    
Other 0 0    
Nuclear decommissioning trusts [1] 1,857 1,516    
Total assets 1,857 1,516    
Liabilities at fair value        
Derivative contracts 22 86    
Total liabilities 22 86    
Net assets (liabilities) 1,835 1,430    
Southern California Edison | Fair Value, Measurements, Recurring | Level 2 | Stocks        
Assets at fair value        
Nuclear decommissioning trusts [2] 0 0    
Southern California Edison | Fair Value, Measurements, Recurring | Level 2 | Fixed Income        
Assets at fair value        
Nuclear decommissioning trusts [3] 1,776 1,350    
Southern California Edison | Fair Value, Measurements, Recurring | Level 2 | Short-term investments, primarily cash equivalents        
Assets at fair value        
Nuclear decommissioning trusts 81 166    
Southern California Edison | Fair Value, Measurements, Recurring | Level 3        
Assets at fair value        
Derivative contracts 163 321    
Other 0 0    
Nuclear decommissioning trusts [1] 0 0    
Total assets 163 321    
Liabilities at fair value        
Derivative contracts 1,311 1,223    
Total liabilities 1,311 1,223    
Net assets (liabilities) (1,148) (902)    
Southern California Edison | Fair Value, Measurements, Recurring | Level 3 | Stocks        
Assets at fair value        
Nuclear decommissioning trusts [2] 0 0    
Southern California Edison | Fair Value, Measurements, Recurring | Level 3 | Fixed Income        
Assets at fair value        
Nuclear decommissioning trusts [3] 0 0    
Southern California Edison | Fair Value, Measurements, Recurring | Level 3 | Short-term investments, primarily cash equivalents        
Assets at fair value        
Nuclear decommissioning trusts 0 0    
Southern California Edison | Fair Value, Measurements, Recurring | Gross amounts offset in consolidated balance sheets        
Assets at fair value        
Derivative contracts [4] 0 0    
Other [4] 0 0    
Nuclear decommissioning trusts [1],[4] 0 0    
Total assets [4] 0 0    
Liabilities at fair value        
Derivative contracts [4] (15) (61)    
Total liabilities [4] (15) (61)    
Net assets (liabilities) [4] 15 61    
Southern California Edison | Fair Value, Measurements, Recurring | Gross amounts offset in consolidated balance sheets | Stocks        
Assets at fair value        
Nuclear decommissioning trusts [2],[4] 0 0    
Southern California Edison | Fair Value, Measurements, Recurring | Gross amounts offset in consolidated balance sheets | Fixed Income        
Assets at fair value        
Nuclear decommissioning trusts [3],[4] 0 0    
Southern California Edison | Fair Value, Measurements, Recurring | Gross amounts offset in consolidated balance sheets | Short-term investments, primarily cash equivalents        
Assets at fair value        
Nuclear decommissioning trusts [4] 0 0    
Southern California Edison | Fair Value, Measurements, Recurring | Total        
Assets at fair value        
Derivative contracts 163 321    
Other 28 33    
Nuclear decommissioning trusts [1] 4,355 4,856    
Total assets 4,546 5,210    
Liabilities at fair value        
Derivative contracts 1,318 1,248    
Total liabilities 1,318 1,248    
Net assets (liabilities) 3,228 3,962    
Southern California Edison | Fair Value, Measurements, Recurring | Total | Stocks        
Assets at fair value        
Nuclear decommissioning trusts [2] 1,460 2,031    
Southern California Edison | Fair Value, Measurements, Recurring | Total | Fixed Income        
Assets at fair value        
Nuclear decommissioning trusts [3] 2,723 2,053    
Southern California Edison | Fair Value, Measurements, Recurring | Total | Short-term investments, primarily cash equivalents        
Assets at fair value        
Nuclear decommissioning trusts $ 172 $ 772    
[1] Excludes net payables of $24 million and $57 million at December 31, 2015 and 2014, which consist of interest and dividend receivables as well as receivables and payables related to SCE's pending securities sales and purchases.
[2] Approximately 70% and 73% of SCE's equity investments were located in the United States at December 31, 2015 and 2014, respectively.
[3] Includes corporate bonds, which were diversified and included collateralized mortgage obligations and other asset backed securities of $111 million and $49 million at December 31, 2015 and 2014, respectively.
[4] Represents the netting of assets and liabilities under master netting agreements and cash collateral across the levels of the fair value hierarchy. Netting among positions classified within the same level is included in that level.