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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Total operating revenue $ 2,790 $ 2,824
Purchased power and fuel 928 1,005
Operation and maintenance 881 882
Wildfire Insurance Fund expense 84 0
Depreciation and amortization 484 480
Property and other taxes 111 110
Other operating income 0 (5)
Total operating expenses 2,488 2,472
Operating income 302 352
Interest expense (225) (194)
Other Nonoperating Income (Expense) 52 38
Income before taxes 129 196
Income tax benefit (84) (112)
Net income 213 308
Preferred and preference stock dividend requirements of SCE 30 30
Net income attributable to Edison International common shareholders 183 278
Net income available for common stock $ 183 $ 278
Basic earnings per share:    
Weighted average common shares outstanding (in shares) 363 326
Basic earnings per common share attributable to Edison International common shareholders (in dollars per share) $ 0.50 $ 0.85
Diluted earnings per share:    
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) 364 327
Diluted earnings per common share attributable to Edison International common shareholders (in dollars per share) $ 0.50 $ 0.85
Southern California Edison Company    
Total operating revenue $ 2,780 $ 2,816
Purchased power and fuel 928 1,005
Operation and maintenance 859 869
Wildfire Insurance Fund expense 84 0
Depreciation and amortization 483 480
Property and other taxes 110 109
Other operating income 0 (5)
Total operating expenses 2,464 2,458
Operating income 316 358
Interest expense (194) (178)
Other Nonoperating Income (Expense) 52 38
Income before taxes 174 218
Income tax benefit (75) (105)
Net income 249 323
Preferred and preference stock dividend requirements of SCE 30 30
Net income available for common stock $ 219 $ 293