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Consolidated Statements of Changes in Equity (Tables)
3 Months Ended
Mar. 31, 2017
Schedule of Capitalization, Equity [Line Items]  
Schedule of Changes in Equity
The following table provides Edison International's changes in equity for the three months ended March 31, 2017:
 
Equity Attributable to Common Shareholders
 
Noncontrolling Interests
 
 
(in millions, except per-share amounts)
Common
Stock
 
Accumulated
Other
Comprehensive Loss
 
Retained
Earnings
 
Subtotal
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2016
$
2,505

 
$
(53
)
 
$
9,544

 
$
11,996

 
$
2,191

 
$
14,187

Net income

 

 
362

 
362

 
31

 
393

Other comprehensive income

 
4

 

 
4

 

 
4

Common stock dividends declared ($0.5425 per share)

 

 
(177
)
 
(177
)
 

 
(177
)
Dividends to noncontrolling interests

 

 

 

 
(31
)
 
(31
)
Stock-based compensation

 

 
(139
)
 
(139
)
 

 
(139
)
Non-cash stock-based compensation
5

 

 

 
5

 

 
5

Balance at March 31, 2017
$
2,510

 
$
(49
)
 
$
9,590

 
$
12,051

 
$
2,191

 
$
14,242



The following table provides Edison International's changes in equity for the three months ended March 31, 2016:
 
Equity Attributable to Common Shareholders
 
Noncontrolling Interests
 
 
(in millions, except per-share amounts)
Common
Stock
 
Accumulated
Other
Comprehensive Loss
 
Retained
Earnings
 
Subtotal
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2015
$
2,484

 
$
(56
)
 
$
8,940

 
$
11,368

 
$
2,020

 
$
13,388

Net income

 

 
281

1 
281

 
30

 
311

Other comprehensive income

 
2

 

 
2

 

 
2

Common stock dividends declared ($0.4800 per share)

 

 
(156
)
 
(156
)
 

 
(156
)
Dividends to noncontrolling interests

 

 

 

 
(30
)
 
(30
)
Stock-based compensation

 

 
(8
)
1 
(8
)
 

 
(8
)
Non-cash stock-based compensation
6

 

 

 
6

 

 
6

Issuance of preference stock

 

 

 

 
294

 
294

Redemption of preference stock

 

 
(3
)
 
(3
)
 
(122
)
 
(125
)
Balance at March 31, 2016
$
2,490

 
$
(54
)
 
$
9,054

 
$
11,490

 
$
2,192

 
$
13,682


1  
Edison International adopted an accounting standard related to share-based payments during the fourth quarter of 2016, effective January 1, 2016. See Note 1 for further information. The table above reflects the adoption of this standard on January 1, 2016. Net income and stock-based compensation (as previously reported) were $271 million and $(50) million, respectively, for the three months ended March 31, 2016.
Southern California Edison  
Schedule of Capitalization, Equity [Line Items]  
Schedule of Changes in Equity
The following table provides SCE's changes in equity for the three months ended March 31, 2017:
 
Equity Attributable to Edison International
 
 
 
 
(in millions)
Common
Stock
 
Additional
Paid-in
Capital
 
Accumulated
Other
Comprehensive Loss
 
Retained
Earnings
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2016
$
2,168

 
$
657

 
$
(20
)
 
$
9,433

 
$
2,245

 
$
14,483

Net income

 

 

 
380

 

 
380

Other comprehensive income

 

 
2

 

 

 
2

Dividends declared on common stock

 

 

 
(191
)
 

 
(191
)
Dividends declared on preferred and preference stock

 

 

 
(31
)
 

 
(31
)
Stock-based compensation

 

 

 
(23
)
 

 
(23
)
Non-cash stock-based compensation

 
3

 

 

 

 
3

Balance at March 31, 2017
$
2,168

 
$
660

 
$
(18
)
 
$
9,568

 
$
2,245

 
$
14,623

The following table provides SCE's changes in equity for the three months ended March 31, 2016:
 
Equity Attributable to Edison International
 
 
 
 
(in millions)
Common
Stock
 
Additional
Paid-in
Capital
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2015
$
2,168

 
$
652

 
$
(22
)
 
$
8,804

 
$
2,070

 
$
13,672

Net income

 

 

 
325

1 

 
325

Other comprehensive income

 

 
1

 

 

 
1

Dividends declared on common stock

 

 

 
(170
)
 

 
(170
)
Dividends declared on preferred and preference stock

 

 

 
(30
)
 

 
(30
)
Stock-based compensation

 

 

 
(28
)
1 

 
(28
)
Non-cash stock-based compensation

 
3

 

 

 

 
3

Issuance of preference stock

 
(6
)
 

 

 
300

 
294

Redemption of preference stock

 
3

 

 
(3
)
 
(125
)
 
(125
)
Balance at March 31, 2016
$
2,168

 
$
652

 
$
(21
)
 
$
8,898

 
$
2,245

 
$
13,942


1  
SCE adopted an accounting standard related to share-based payments during the fourth quarter of 2016, effective January 1, 2016. See Note 1 for further information. The table above reflects the adoption of this standard on January 1, 2016. Net income and stock-based compensation (as previously reported) were $317 million and $(34) million, respectively, for the three months ended March 31, 2016.