Revenue (Tables)

3 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Summary of Revenue

The following table is a summary of SCE's revenue:

	Three months ended March 31, 2019						Three months ended March 31, 2018
(in millions)	Earning Activities		Cost- Recovery Activities		Total Consolidated		Earning Activities			Cost-Recovery Activities			Total Consolidated
Revenues from contracts with customers1,2,3	$	1,502	$	957	$	2,459	$	1,536		$	1,192		$	2,728
Alternative revenue programs and other operating revenue4	48		309		357		(23		)	(151		)	(174		)
Total operating revenue	$	1,550	$	1,266	$	2,816	$	1,513		$	1,041		$	2,554

¹  In the absence of a 2018 GRC decision, SCE recognized CPUC revenue in 2018 and the three months ended March 31, 2019 based on the 2017 authorized revenue requirement adjusted mainly for the July 2017 cost of capital decision and Tax Reform. In April 2019, the CPUC issued a proposed decision, which, if adopted would result in 2018 and 2019 base rate revenue requirements of $5.102 billion and $5.422 billion, respectively. For further information, see Note 1.

²  At March 31, 2019 and December 31, 2018, SCE's receivables related to contracts from customers were $1.0 billion and $1.1 billion, respectively, which include accrued unbilled revenue of $459 million and $482 million, respectively.

³   Includes SCE's franchise fees billed to customers of $28 million for both the three months ended March 31, 2019 and 2018.

⁴  Includes differences between amounts billed and authorized levels for both CPUC and FERC.