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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Total operating revenue $ 2,965 $ 2,777 $ 5,428 $ 5,218
Purchased power and fuel 1,175 1,064 1,959 1,858
Operation and maintenance 707 721 1,303 1,350
Depreciation, decommissioning and amortization 512 505 1,011 982
Property and other taxes 86 85 186 178
Impairment and other charges 16 21 21 21
Total operating expenses 2,496 2,396 4,480 4,389
Operating income 469 381 948 829
Interest and other income 37 33 70 65
Interest expense (159) (144) (311) (284)
Other expenses (12) (11) (20) (19)
Income from continuing operations before income taxes 335 259 687 591
Income tax expense (benefit) 26 (51) (14) (24)
Income from continuing operations 309 310 701 615
Income from discontinued operations, net of tax 0 (2) 0 (1)
Net income 309 308 701 614
Preferred and preference stock dividend requirements of SCE 31 31 62 61
Other noncontrolling interests 0 (3) (1) (8)
Net income attributable to Edison International common shareholders 278 280 640 561
Amounts attributable to Edison International common shareholders:        
Income from continuing operations, net of tax 278 282 640 562
Income from discontinued operations, net of tax 0 (2) 0 (1)
Net income attributable to Edison International common shareholders $ 278 $ 280 $ 640 $ 561
Basic earnings per common share attributable to Edison International common shareholders:        
Weighted average common shares outstanding (in shares) 326 326 326 326
Continuing operations (in dollars per share) $ 0.85 $ 0.87 $ 1.96 $ 1.72
Discontinued operations (in dollars per share) 0.00 (0.01) 0.00 0.00
Total (in dollars per share) $ 0.85 $ 0.86 $ 1.96 $ 1.72
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) 329 330 329 330
Continuing operations (in dollars per share) $ 0.85 $ 0.86 $ 1.95 $ 1.70
Discontinued operations (in dollars per share) 0.00 (0.01) 0.00 0.00
Total (in dollars per share) 0.85 0.85 1.95 1.70
Dividends declared per common share (in dollars per share) $ 0.5425 $ 0.4800 $ 1.0850 $ 0.96
Southern California Edison Company        
Total operating revenue $ 2,953 $ 2,768 $ 5,409 $ 5,204
Purchased power and fuel 1,175 1,064 1,959 1,858
Operation and maintenance 666 687 1,237 1,290
Depreciation, decommissioning and amortization 510 503 1,007 978
Property and other taxes 85 85 182 176
Total operating expenses 2,436 2,339 4,385 4,302
Operating income 517 429 1,024 902
Interest and other income 36 33 69 65
Interest expense (146) (134) (287) (265)
Other expenses (12) (11) (19) (19)
Income from continuing operations before income taxes 395 317 787 683
Income tax expense (benefit) 57 (32) 69 10
Net income 338 349 718 673
Preferred and preference stock dividend requirements of SCE 31 31 62 61
Net income attributable to Edison International common shareholders 307 318 656 612
Amounts attributable to Edison International common shareholders:        
Net income attributable to Edison International common shareholders $ 307 $ 318 $ 656 $ 612