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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Total operating revenue $ 3,741 $ 4,269 $ 9,377 $ 9,648
Purchased power and fuel 1,708 2,306 3,848 4,344
Operation and maintenance 841 674 2,318 2,068
Depreciation and amortization 459 466 1,260 1,391
Property and other taxes 99 97 302 301
Impairment and other 0 (11) 166 60
Other operating income (2) (2) (5) (5)
Total operating expenses 3,105 3,530 7,889 8,159
Operating income 636 739 1,488 1,489
Interest expense (214) (188) (619) (538)
Other income and (expense) 58 76 151 176
Income before taxes 480 627 1,020 1,127
Income tax (benefit) expense (22) 83 (212) 43
Net income 502 544 1,232 1,084
Preferred and preference stock dividend requirements of SCE 31 31 91 91
Other noncontrolling interests 0 0 0 (14)
Net income attributable to Edison International common shareholders $ 471 $ 513 $ 1,141 $ 1,007
Basic earnings per share:        
Weighted average common shares outstanding (in shares) 347 326 333 326
Basic earnings per common share attributable to Edison International common shareholders (in dollars per share) $ 1.36 $ 1.57 $ 3.43 $ 3.09
Diluted earnings per share:        
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) 349 327 334 327
Diluted earnings per common share attributable to Edison International common shareholders (in dollars per share) $ 1.35 $ 1.57 $ 3.42 $ 3.08
Southern California Edison Company        
Total operating revenue $ 3,732 $ 4,260 $ 9,348 $ 9,617
Purchased power and fuel 1,708 2,306 3,848 4,344
Operation and maintenance 819 651 2,259 1,996
Depreciation and amortization 459 466 1,259 1,387
Property and other taxes 98 96 300 298
Impairment and other 0 (10) 166 (10)
Other operating income (1) (3) (4) (5)
Total operating expenses 3,083 3,506 7,828 8,010
Operating income 649 754 1,520 1,607
Interest expense (183) (173) (549) (492)
Other income and (expense) 58 72 152 173
Income before taxes 524 653 1,123 1,288
Income tax (benefit) expense (10) 86 (183) 78
Net income 534 567 1,306 1,210
Preferred and preference stock dividend requirements of SCE 31 31 91 91
Net income attributable to Edison International common shareholders $ 503 $ 536 $ 1,215 $ 1,119