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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 561 $ 730
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,005 837
Allowance for equity during construction (51) (49)
Impairment and other (18) 166
Deferred income taxes (58) (182)
Wildfire Insurance Fund amortization expense 167 0
Other 32 13
Nuclear decommissioning trusts (62) (72)
Changes in operating assets and liabilities:    
Receivables (108) (72)
Inventory (19) (49)
Accounts payable 14 221
Tax receivables and payables 31 65
Other current assets and liabilities (23) (423)
Regulatory assets and liabilities, net (927) (543)
Wildfire-related insurance receivable 73 0
Other noncurrent assets and liabilities 8 (44)
Net cash provided by operating activities 625 598
Cash flows from financing activities:    
Long-term debt issued, net of discount and issuance costs 2,726 1,682
Long-term debt repaid or repurchased (814) (41)
Term loan issued 1,275 1,750
Term loan repaid (800) (750)
Common stock issued 884 0
Short-term debt financing, net (550) (509)
Payments for stock-based compensation (3) (48)
Receipts from stock option exercises 14 25
Dividends and distribution to noncontrolling interests (60) (60)
Dividends paid (454) (399)
Other 5 1
Net cash provided by financing activities 2,223 1,651
Cash flows from investing activities:    
Capital expenditures (2,514) (2,235)
Proceeds from sale of nuclear decommissioning trust investments 3,225 2,440
Purchases of nuclear decommissioning trust investments (3,163) (2,368)
Other 60 27
Investing cash flows from continuing operations (2,392) (2,136)
Net increase in cash, cash equivalents and restricted cash 456 113
Cash, cash equivalents and restricted cash at beginning of period 70 152
Cash, cash equivalents and restricted cash at end of period 526 265
Southern California Edison    
Cash flows from operating activities:    
Net income 660 772
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,001 834
Allowance for equity during construction (51) (49)
Impairment and other (52) 166
Deferred income taxes (22) (175)
Wildfire Insurance Fund amortization expense 167 0
Other 24 8
Nuclear decommissioning trusts (62) (72)
Changes in operating assets and liabilities:    
Receivables (114) (80)
Inventory (19) (49)
Accounts payable (12) 212
Tax receivables and payables 47 103
Other current assets and liabilities (22) (421)
Regulatory assets and liabilities, net (927) (543)
Wildfire-related insurance receivable 73 0
Other noncurrent assets and liabilities (8) (33)
Net cash provided by operating activities 683 673
Cash flows from financing activities:    
Long-term debt issued, net of discount and issuance costs 2,330 1,087
Long-term debt repaid or repurchased (414) (41)
Term loan issued 475 750
Term loan repaid 0 (750)
Capital contributions from Edison International Parent 888 1,200
Short-term debt financing, net (550) (508)
Payments for stock-based compensation (5) (29)
Receipts from stock option exercises 0 16
Dividends paid (798) (260)
Other 5 2
Net cash provided by financing activities 1,931 1,467
Cash flows from investing activities:    
Capital expenditures (2,512) (2,234)
Proceeds from sale of nuclear decommissioning trust investments 3,225 2,440
Purchases of nuclear decommissioning trust investments (3,163) (2,368)
Other 66 27
Investing cash flows from continuing operations (2,384) (2,135)
Net increase in cash, cash equivalents and restricted cash 230 5
Cash, cash equivalents and restricted cash at beginning of period 24 22
Cash, cash equivalents and restricted cash at end of period $ 254 $ 27