XML 23 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Total operating revenue $ 12,320 $ 11,869 $ 11,524
Purchased power and fuel 4,873 4,527 4,266
Operation and maintenance 2,807 2,868 2,990
Depreciation and amortization 2,041 2,007 1,919
Property and other taxes 377 354 336
Impairment and other charges 738 21 5
Other operating income (9) 0 0
Total operating expenses 10,827 9,777 9,516
Operating income 1,493 2,092 2,008
Interest and other income 146 123 174
Interest expense (639) (581) (555)
Other expenses (51) (44) (59)
Income from continuing operations before income taxes 949 1,590 1,568
Income tax expense 281 177 486
Income from continuing operations 668 1,413 1,082
Income from discontinued operations, net of tax 0 12 35
Net income 668 1,425 1,117
Preferred and preference stock dividend requirements of utility 124 123 113
Other noncontrolling interests (21) (9) (16)
Net income from continuing operations available to common shareholders 565 1,311 1,020
Basic earnings per common share attributable to Edison International common shareholders:      
Income from continuing operations, net of tax 565 1,299 985
Income from discontinued operations, net of tax 0 12 35
Net income from continuing operations available to common shareholders $ 565 $ 1,311 $ 1,020
Basic earnings per common share attributable to Edison International common shareholders:      
Weighted-average shares of common stock outstanding 326 326 326
Continuing operations (in dollars per share) $ 1.73 $ 3.99 $ 3.02
Discontinued operations (in dollars per share) 0.00 0.03 0.11
Total (in dollars per share) $ 1.73 $ 4.02 $ 3.13
Diluted earnings per common share attributable to Edison International common shareholders:      
Weighted-average shares of common stock outstanding, including effect of dilutive securities 328 330 329
Continuing operations (in dollars per share) $ 1.72 $ 3.94 $ 2.99
Discontinued operations (in dollars per share) 0.00 0.03 0.11
Total (in dollars per share) 1.72 3.97 3.10
Dividends declared per common share (in dollars per share) $ 2.2325 $ 1.9825 $ 1.7325
Southern California Edison Company      
Total operating revenue $ 12,254 $ 11,830 $ 11,485
Purchased power and fuel 4,873 4,527 4,266
Operation and maintenance 2,671 2,737 2,890
Depreciation and amortization 2,032 1,998 1,915
Property and other taxes 372 351 334
Impairment and other charges 716 0 0
Other operating income (8) 0 0
Total operating expenses 10,656 9,613 9,405
Operating income 1,598 2,217 2,080
Interest and other income 145 123 123
Interest expense (589) (541) (526)
Other expenses (48) (44) (59)
Income from continuing operations before income taxes 1,106 1,755 1,618
Income tax expense (30) 256 507
Net income 1,136 1,499 1,111
Preferred and preference stock dividend requirements of utility 124 123 113
Net income from continuing operations available to common shareholders 1,012 1,376 998
Basic earnings per common share attributable to Edison International common shareholders:      
Net income from continuing operations available to common shareholders $ 1,012 $ 1,376 $ 998