Consolidated Statements of Changes in Equity

The following table provides Edison International's changes in equity for the six months ended June 30, 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	—		—			640			640			62			702
Other comprehensive income	—		5			—			5			—			5
Common stock dividends declared ($1.0850 per share)	—		—			(354		)	(354		)	—			(354		)
Dividends to noncontrolling interests	—		—			—			—			(62		)	(62		)
Stock-based compensation	—		—			(151		)	(151		)	—			(151		)
Non-cash stock-based compensation	10		—			—			10			—			10
Issuance of preference stock	—		—			—			—			463			463
Balance at June 30, 2017	$	2,515	$	(48	)	$	9,679		$	12,146		$	2,654		$	14,800

The following table provides Edison International's changes in equity for the six months ended June 30, 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	—		—			561			¹	561			61			622
Other comprehensive income	—		3			—				3			—			3
Common stock dividends declared ($0.9600 per share)	—		—			(313		)		(313		)	—			(313		)
Dividends to noncontrolling interests	—		—			—				—			(61		)	(61		)
Stock-based compensation	—		—			(18		)	¹	(18		)	—			(18		)
Non-cash stock-based compensation	12		—			—				12			—			12
Issuance of preference stock	—		—			—				—			294			294
Redemption of preference stock	—		—			(2		)		(2		)	(123		)	(125		)
Balance at June 30, 2016	$	2,496	$	(53	)	$	9,168			$	11,611		$	2,191		$	13,802

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 $546 million and $(60) million, respectively, for the six months ended June 30, 2016.

The following table provides SCE's changes in equity for the six months ended June 30, 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	—		—			—			718			—		718
Other comprehensive income	—		—			2			—			—		2
Dividends declared on common stock	—		—			—			(382		)	—		(382		)
Dividends declared on preferred and preference stock	—		—			—			(62		)	—		(62		)
Stock-based compensation	—		—			—			(33		)	—		(33		)
Non-cash stock-based compensation	—		6			—			—			—		6
Issuance of preference stock	—		(12		)	—			—			475		463
Balance at June 30, 2017	$	2,168	$	651		$	(18	)	$	9,674		$	2,720	$	15,195

The following table provides SCE's changes in equity for the six months ended June 30, 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	—		—			—			673			¹	—			673
Other comprehensive income	—		—			2			—				—			2
Dividends declared on common stock	—		—			—			(340		)		—			(340		)
Dividends declared on preferred and preference stock	—		—			—			(61		)		—			(61		)
Stock-based compensation	—		—			—			(34		)	¹	—			(34		)
Non-cash stock-based compensation	—		6			—			—				—			6
Issuance of preference stock	—		(6		)	—			—				300			294
Redemption of preference stock	—		2			—			(2		)		(125		)	(125		)
Balance at June 30, 2016	$	2,168	$	654		$	(20	)	$	9,040			$	2,245		$	14,087


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 $662 million and $(40) million, respectively, for the six months ended June 30, 2016.