XML 52 R37.htm IDEA: XBRL DOCUMENT v3.20.2
Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Contingency Accruals and Changes The following table presents changes in the estimated losses since December 31, 2019, and estimated total liabilities for the 2017/2018 Wildfire/Mudslide Events as of September 30, 2020:
(in millions)
Loss estimate balance at December 31, 2019$4,541 
Increase in accrued estimated losses to reflect best estimate1
1,297 
Amounts paid(37)
Fixed payments to be made under executed settlement agreements
(1,192)
Loss estimate balance at September 30, 20202
4,609 
Fixed payments to be made under executed settlement agreements3
1,192 
Estimated total liabilities at September 30, 2020
$5,801 
1 Includes an estimate of the Future Settlement Payments.
2 Reflects Edison International and SCE's best estimate of expected losses for remaining alleged and potential claims related to the 2017/2018 Wildfire/Mudslide Events at September 30, 2020. Does not include an estimate of any potential fines or penalties that could be levied against SCE in connection with the 2017/2018 Wildfire/Mudslide Events.
3 Included in current "Wildfire-related claims" on Edison International's and SCE's consolidated balance sheets.
For the three and nine months ended September 30, 2020 and 2019, Edison International's and SCE's income statements include charges for the estimated losses, net of expected recoveries from insurance and FERC customers, related to the 2017/2018 Wildfire/Mudslide Events as follows:
Three months ended September 30,Nine months ended September 30,
(in millions)2020201920202019
Charge for wildfire-related claims$1,297 $— $1,297 $— 
Expected insurance recoveries— — — — 
Expected revenue from FERC customers(84)— (84)— 
Total pre-tax charge1,213 — 1,213 — 
Income tax benefit(339)— (339)— 
Total after-tax charge$874 $— $874 $— 
The following table presents changes in expected insurance recoveries associated with the estimated losses for the 2017/2018 Wildfire/Mudslide Events since December 31, 2019:
(in millions)
Balance at December 31, 2019$1,710 
Insurance recoveries(73)
Balance at September 30, 2020
$1,637