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Consolidated Statements of Changes in Equity (Tables)
3 Months Ended
Mar. 31, 2020
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, 2020:
 
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, 2019
$
4,990

 
$
(69
)
 
$
8,382

 
$
13,303

 
$
2,193

 
$
15,496

Net income

 

 
183

 
183

 
30

 
213

Other comprehensive income

 
2

 

 
2

 

 
2

Common stock issued, net of issuance cost
88

 

 

 
88

 

 
88

Common stock dividends declared ($0.6375 per share)

 

 
(232
)
 
(232
)
 

 
(232
)
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)

 

 

 

 
(30
)
 
(30
)
Noncash stock-based compensation
7

 

 

 
7

 

 
7

Balance at March 31, 2020
$
5,085

 
$
(67
)
 
$
8,333

 
$
13,351

 
$
2,193

 
$
15,544


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 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 Cuts and Jobs Act ("Tax Reform.")
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, 2020:
(in millions, except per share amounts)
Preferred
and
Preference
Stock
 
Common
Stock
 
Additional
Paid-in
Capital
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Total
Equity
Balance at December 31, 2019
$
2,245

 
$
2,168

 
$
3,939

 
$
(39
)
 
$
9,514

 
$
17,827

Net income

 

 

 

 
249

 
249

Other comprehensive income

 

 

 
2

 

 
2

Capital contribution from Edison International Parent

 

 
269

 

 

 
269

Dividends declared on common stock ($0.6185 per share)

 

 

 

 
(269
)
 
(269
)
Dividends declared on preferred stock ($0.255 - $0.299 per share) and preference stock ($15.625 - $35.936 per share)

 

 

 

 
(30
)
 
(30
)
Stock-based compensation 

 

 
(5
)
 

 

 
(5
)
Noncash stock-based compensation

 

 
4

 

 
(1
)
 
3

Balance at March 31, 2020
$
2,245

 
$
2,168

 
$
4,207

 
$
(37
)
 
$
9,463

 
$
18,046


The following table provides SCE's changes in equity for the three months ended March 31, 2019:
(in millions, except per share amounts)
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 stock ($0.255 - $0.299 per share) and preference stock ($15.625 - $35.936 per share)

 

 

 

 
(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.