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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
Edison International's quarterly financial data is as follows:
 
2017
(in millions, except per-share amounts)
Total
 
Fourth
 
Third
 
Second
 
First
Operating revenue
$
12,320

 
$
3,220

 
$
3,672

 
$
2,965

 
$
2,463

Operating income (loss)
1,493

 
(16
)
 
561

 
469

 
479

Income (loss) from continuing operations1,2
668

 
(534
)
 
501

 
309

 
392

Income (loss) from discontinued operations, net

 

 

 

 

Net income (loss) attributable to common shareholders
565

 
(545
)
 
470

 
278

 
362

Basic earnings (loss) per share:
 
 
 
 
 
 
 
 
 
  Continuing operations
$
1.73

 
$
(1.67
)
 
$
1.44

 
$
0.85

 
$
1.11

  Discontinued operations

 

 

 

 

Total
$
1.73

 
$
(1.67
)
 
$
1.44

 
$
0.85

 
$
1.11

Diluted earnings (loss) per share:
 
 
 
 
 
 
 
 
 
  Continuing operations
$
1.72

 
$
(1.66
)
 
$
1.43

 
$
0.85

 
$
1.10

  Discontinued operations

 

 

 

 

Total
$
1.72

 
$
(1.66
)
 
$
1.43

 
$
0.85

 
$
1.10

Dividends declared per share
2.2325

 
0.6050

 
0.5425

 
0.5425

 
0.5425

Common stock prices:
 
 
 
 
 
 
 
 
 
High
$
83.38

 
$
83.38

 
$
81.58

 
$
82.82

 
$
81.33

Low
62.67

 
62.67

 
76.38

 
77.21

 
70.57

Close
63.24

 
63.24

 
77.17

 
78.19

 
79.61


1  
In the fourth quarter of 2017, Edison International Parent and Other recorded a charge of $433 million related to the re-measurement of deferred taxes as a result of Tax Reform.
2  
In the fourth quarter of 2017, SCE recorded impairment and other charges of $716 million ($448 million after-tax) related to the Revised San Onofre Settlement Agreement.
 
2016
(in millions, except per-share amounts)
Total
 
Fourth
 
Third
 
Second
 
First
Operating revenue
$
11,869

 
$
2,884

 
$
3,767

 
$
2,777

 
$
2,440

Operating income
2,092

 
566

 
695

 
381

 
448

Income from continuing operations
1,413

 
347

 
451

 
310

 
305

Income (loss) from discontinued operations, net
12

 
13

 

 
(2
)
 
1

Net income attributable to common shareholders
1,311

 
329

 
421

 
280

 
281

Basic earnings (loss) per share:
 
 
 
 
 
 
 
 
 
  Continuing operations
$
3.99

 
$
0.97

 
$
1.29

 
$
0.87

 
$
0.86

  Discontinued operations
0.03

 
0.04

 

 
(0.01
)
 

Total
$
4.02

 
$
1.01

 
$
1.29

 
$
0.86

 
$
0.86

Diluted earnings (loss) per share:
 
 
 
 
 
 
 
 
 
  Continuing operations
$
3.94

 
$
0.96

 
$
1.27

 
$
0.86

 
$
0.85

  Discontinued operations
0.03

 
0.04

 

 
(0.01
)
 

Total
$
3.97

 
$
1.00

 
$
1.27

 
$
0.85

 
$
0.85

Dividends declared per share
1.9825

 
0.5425

 
0.4800

 
0.4800

 
0.4800

Common stock prices:
 
 
 
 
 
 
 
 
 
High
$
78.72

 
$
73.81

 
$
78.72

 
$
77.71

 
$
72.34

Low
57.97

 
67.44

 
71.31

 
67.71

 
57.97

Close
71.99

 
71.99

 
72.25

 
77.67

 
71.89


SCE's quarterly financial data is as follows:
 
2017
(in millions)
Total
 
Fourth
 
Third
 
Second
 
First
Operating revenue
$
12,254

 
$
3,193

 
$
3,652

 
$
2,953

 
$
2,456

Operating income (loss)
1,598

 
(4
)
 
578

 
517

 
507

Net income (loss)1
1,136

 
(79
)
 
497

 
338

 
380

Net income (loss) available for common stock
1,012

 
(109
)
 
465

 
307

 
349

Common dividends declared
785

 
212

 
191

 
191

 
191

1  
In the fourth quarter of 2017, SCE recorded impairment and other charges of $716 million ($448 million after-tax) related to the Revised San Onofre Settlement Agreement.
 
2016
(in millions)
Total
 
Fourth
 
Third
 
Second
 
First
Operating revenue
$
11,830

 
$
2,874

 
$
3,752

 
$
2,768

 
$
2,435

Operating income
2,217

 
594

 
721

 
429

 
472

Net income
1,499

 
359

 
466

 
349

 
325

Net income available for common stock
1,376

 
328

 
435

 
318

 
295

Common dividends declared
701

 
191

 
170

 
170

 
170