Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Cash Equivalents

The cash equivalents were as follows:

	Edison International				SCE
(in millions)	June 30, 2020		December 31, 2019		June 30, 2020		December 31, 2019
Money market funds	$	479	$	31	$	214	$	—

Cash is temporarily invested until required for check clearing. Checks issued, but not yet paid by the financial institution, are reclassified from cash to accounts payable at the end of each reporting period as follows:

	Edison International				SCE
(in millions)	June 30, 2020		December 31, 2019		June 30, 2020		December 31, 2019
Book balances reclassified to accounts payable	$	64	$	75	$	64	$	74

Cash, Cash Equivalents and Restricted Cash

The following table sets forth the cash, cash equivalents and restricted cash included in the consolidated statements of cash flows:

(in millions)	June 30, 2020		December 31, 2019
Edison International:
Cash and cash equivalents	$	524	$	68
Short-term restricted cash1	2		2
Total cash, cash equivalents, and restricted cash	$	526	$	70

1 Reflected in "Other current assets" on Edison International's consolidated balance sheets.

Changes in Allowance for Uncollectible Accounts

The following table sets forth the changes in allowance for uncollectible accounts for SCE:

	Three months ended June 30, 2020				Six months ended June 30, 2020
(in millions)	Customers		All others		Customers		All others
Beginning balance	$	47	$	13	$	35	$	14
Plus: current period provision for uncollectible accounts
Included in operation and maintenance expenses	12		5		28		7
Deferred to regulatory assets	21		—		21		—
Less: write-offs, net of recoveries	5		3		9		6
Ending balance	$	75	$	15	$	75	$	15

EPS Attributable to Edison International Common Shareholders

EPS attributable to Edison International common shareholders was computed as follows:

	Three months ended June 30,				Six months ended June 30,
(in millions, except per-share amounts)	2020		2019		2020		2019
Basic earnings per share:
Net income attributable to common shareholders	$	318	$	392	$	501	$	670
Net income available to common shareholders	$	318	$	392	$	501	$	670
Weighted average common shares outstanding	375		326		367		326
Basic earnings per share	$	0.85	$	1.20	$	1.37	$	2.05
Diluted earnings per share:
Net income attributable to common shareholders	$	318	$	392	$	501	$	670
Net income available to common shareholders	$	318	$	392	$	501	$	670
Net income available to common shareholders and assumed conversions	$	318	$	392	$	501	$	670
Weighted average common shares outstanding	375		326		367		326
Incremental shares from assumed conversions	1		1		1		1
Adjusted weighted average shares – diluted	376		327		368		327
Diluted earnings per share	$	0.85	$	1.20	$	1.36	$	2.05