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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Total operating revenue $ 2,815 $ 2,965 $ 5,379 $ 5,428
Purchased power and fuel 1,112 1,175 2,038 1,959
Operation and maintenance 719 706 1,394 1,310
Depreciation and amortization 463 512 925 1,011
Property and other taxes 97 86 204 186
Impairment and other charges 5 16 71 21
Other operating income (1) 0 (3) 0
Total operating expenses 2,395 2,495 4,629 4,487
Operating income 420 470 750 941
Interest expense (180) (159) (350) (311)
Other income and expense 49 24 100 57
Income from continuing operations before income taxes 289 335 500 687
Income tax (benefit) expense (9) 26 (40) (14)
Income from continuing operations 298 309 540 701
Net income 298 309 540 701
Preferred and preference stock dividend requirements of SCE 30 31 60 62
Other noncontrolling interests (8) 0 (14) (1)
Net income available for common stock 276 278 494 640
Amounts attributable to Edison International common shareholders:        
Income from continuing operations, net of tax 276 278 494 640
Net income available for common stock $ 276 $ 278 $ 494 $ 640
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 $ 0.85 $ 1.52 $ 1.96
Total (in dollars per share) $ 0.85 $ 0.85 $ 1.52 $ 1.96
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) 327 329 327 329
Continuing operations (in dollars per share) $ 0.84 $ 0.85 $ 1.51 $ 1.95
Total (in dollars per share) 0.84 0.85 1.51 1.95
Dividends declared per common share (in dollars per share) $ 0.6050 $ 0.5425 $ 1.2100 $ 1.0850
Southern California Edison Company        
Total operating revenue $ 2,803 $ 2,953 $ 5,357 $ 5,409
Purchased power and fuel 1,112 1,175 2,038 1,959
Operation and maintenance 694 675 1,345 1,255
Depreciation and amortization 462 510 921 1,007
Property and other taxes 97 85 202 182
Other operating income (1) 0 (2) 0
Total operating expenses 2,364 2,445 4,504 4,403
Operating income 439 508 853 1,006
Interest expense (164) (146) (319) (287)
Other income and expense 50 33 101 68
Income from continuing operations before income taxes 325 395 635 787
Income tax (benefit) expense (2) 57 (8) 69
Net income 327 338 643 718
Preferred and preference stock dividend requirements of SCE 30 31 60 62
Net income available for common stock 297 307 583 656
Amounts attributable to Edison International common shareholders:        
Net income available for common stock $ 297 $ 307 $ 583 $ 656