Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

The cash equivalents were as follows:


	Edison International
(in millions)	September 30, 2020		December 31, 2019
Money market funds	$	56	$	31

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)	September 30, 2020		December 31, 2019		September 30, 2020		December 31, 2019
Book balances reclassified to accounts payable	$	51	$	75	$	50	$	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)	September 30, 2020		December 31, 2019
Edison International:
Cash and cash equivalents	$	92	$	68
Short-term restricted cash¹	2		2

Total cash, cash equivalents, and restricted cash	$	94	$	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 September 30, 2020						Nine months ended September 30, 2020
(in millions)	Customers		All others		Customers		All others
Beginning balance	$	75	$	15	$	35	$	14
Plus: current period provision for uncollectible accounts
Included in operation and maintenance expenses	11		4		39		11
Deferred to regulatory assets	43		—		64		—
Less: write-offs, net of recoveries	5		2		14		8
Ending balance	$	124	$	17	$	124	$	17

EPS Attributable to Edison International Common Shareholders

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


	Three months ended September 30,						Nine months ended September 30,
(in millions, except per-share amounts)	2020		2019		2020		2019
Basic (loss) earnings per share:
Net (loss) income attributable to common shareholders	$	(288)	$	471	$	213	$	1,141

Net (loss) income available to common shareholders	$	(288)	$	471	$	213	$	1,141
Weighted average common shares outstanding	378		347		371		333
Basic (loss) earnings per share	$	(0.76)	$	1.36	$	0.57	$	3.43
Diluted (loss) earnings per share:
Net (loss) income attributable to common shareholders	$	(288)	$	471	$	213	$	1,141

Net (loss) income available to common shareholders	$	(288)	$	471	$	213	$	1,141

Net (loss) income available to common shareholders and assumed conversions	$	(288)	$	471	$	213	$	1,141
Weighted average common shares outstanding	378		347		371		333
Incremental shares from assumed conversions¹	—		2		1		1
Adjusted weighted average shares – diluted	378		349		372		334
Diluted (loss) earnings per share	$	(0.76)	$	1.35	$	0.57	$	3.42

¹ Due to the loss reported for the quarter ended September 30, 2020, incremental shares were not included as the effect would be antidilutive.