XML 41 R27.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Changes in Equity (Tables)
 3 Months Ended
Mar. 31, 2019
Schedule of Capitalization, Equity [Line Items]  
Schedule of Changes in Equity
The following table provides Edison International's changes in equity for the three months ended March 31, 2019:
 
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, 2018
$
2,545

 
$
(50
)
 
$
7,964

 
$
10,459

 
$
2,193

 
$
12,652

Net income
—

 
—

 
278

 
278

 
30

 
308

Other comprehensive income
—

 
2

 
—

 
2

 
—

 
2

Cumulative effect of accounting changes1
—

 
(10
)
 
10

 
—

 
—

 
—

Common stock dividends declared ($0.6125 per share)
—

 
—

 
(200
)
 
(200
)
 
—

 
(200
)
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
—

 
—

 
—

 
—

 
(30
)
 
(30
)
Stock-based compensation
—

 
—

 
(18
)
 
(18
)
 
—

 
(18
)
Noncash stock-based compensation
5

 
—

 
—

 
5

 
—

 
5

Balance at March 31, 2019
$
2,550

 
$
(58
)
 
$
8,034

 
$
10,526

 
$
2,193

 
$
12,719


1
Edison International recognized cumulative effect adjustments to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2019 related to the adoption of the accounting standards updates on the reclassification of stranded tax effects resulting from Tax Reform. See Note 1 for further information.
The following table provides Edison International's changes in equity for the three months ended March 31, 2018:
 
Equity Attributable to Common Shareholders
 
Noncontrolling Interests
 
 
(in millions, except per-share amounts)
Common
Stock
 
Accumulated
Other
Comprehensive Loss
 
Retained
Earnings
 
Subtotal
 
Other
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2017
$
2,526

 
$
(43
)
 
$
9,188

 
$
11,671

 
$
2

 
$
2,193

 
$
13,866

Net income
—

 
—

 
218

 
218

 
(3
)
 
30

 
245

Other comprehensive income
—

 
2

 
—

 
2

 
—

 
—

 
2

Cumulative effect of accounting changes1
—

 
(5
)
 
10

 
5

 
—

 
—

 
5

Common stock dividends declared ($0.6050 per share)
—

 
—

 
(197
)
 
(197
)
 
—

 
—

 
(197
)
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
—

 
—

 
—

 
—

 
—

 
(30
)
 
(30
)
Stock-based compensation
—

 
—

 
(8
)
 
(8
)
 
—

 
—

 
(8
)
Noncash stock-based compensation
5

 
—

 
—

 
5

 
—

 
—

 
5

Other
—

 
—

 
—

 
—

 
1

 
—

 
1

Balance at March 31, 2018
$
2,531

 
$
(46
)
 
$
9,211

 
$
11,696

 
$
—

 
$
2,193

 
$
13,889


1 
Edison International recognized a cumulative effect adjustment to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2018 related to the adoption of the accounting standards update on revenue recognition and the measurement of financial instruments.
Southern California Edison  
Schedule of Capitalization, Equity [Line Items]  
Schedule of Changes in Equity
The following table provides SCE's changes in equity for the three months ended March 31, 2019:
(in millions)
Preferred
and
Preference
Stock
 
Common
Stock
 
Additional
Paid-in
Capital
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Total
Equity
Balance at December 31, 2018
$
2,245

 
$
2,168

 
$
680

 
$
(23
)
 
$
8,715

 
$
13,785

Net income
—

 
—

 
—

 
—

 
323

 
323

Other comprehensive income
—

 
—

 
—

 
1

 
—

 
1

Cumulative effect of accounting change1
—

 
—

 
—

 
(5
)
 
5

 
—

Dividends declared on common stock ($0.4599 per share)
—

 
—

 
—

 
—

 
(200
)
 
(200
)
Dividends declared on preferred and preference stock ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
—

 
—

 
—

 
—

 
(30
)
 
(30
)
Stock-based compensation 
—

 
—

 
—

 
—

 
(12
)
 
(12
)
Noncash stock-based compensation
—

 
—

 
3

 
—

 
—

 
3

Balance at March 31, 2019
$
2,245

 
$
2,168

 
$
683

 
$
(27
)
 
$
8,801

 
$
13,870

1 
SCE recognized a cumulative effect adjustment to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2019 related to the adoption of the accounting standards update on the reclassification of stranded tax effects resulting from Tax Reform. See Note 1 for further information.
The following table provides SCE's changes in equity for the three months ended March 31, 2018:
(in millions)
Preferred
and
Preference
Stock
 
Common
Stock
 
Additional
Paid-in
Capital
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Total
Equity
Balance at December 31, 2017
$
2,245

 
$
2,168

 
$
671

 
$
(19
)
 
$
9,607

 
$
14,672

Net income
—

 
—

 
—

 
—

 
316

 
316

Other comprehensive income
—

 
—

 
—

 
2

 
—

 
2

Cumulative effect of accounting change1
 
 
 
 
 
 
(5
)
 
5

 
—

Dividends declared on common stock ($0.4875 per share)
—

 
—

 
—

 
—

 
(212
)
 
(212
)
Dividends declared on preferred and preference stock ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
—

 
—

 
—

 
—

 
(30
)
 
(30
)
Stock-based compensation 
—

 
—

 
—

 
—

 
(2
)
 
(2
)
Noncash stock-based compensation
—

 
—

 
2

 
—

 
—

 
2

Balance at March 31, 2018
$
2,245

 
$
2,168

 
$
673

 
$
(22
)
 
$
9,684

 
$
14,748


1 
SCE recognized a cumulative effect adjustment to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2018 related to the adoption of the accounting standards update on the measurement of financial instruments.