XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Total operating revenue $ 5,299 $ 4,644 $ 11,574 $ 10,421
Purchased power and fuel 2,088 1,817 4,384 3,813
Operation and maintenance 1,222 1,248 2,817 2,885
Wildfire-related claims, net of insurance recoveries 1,273 1,297 1,276 1,303
Wildfire Insurance Fund expense 54 85 161 252
Depreciation and amortization 599 490 1,657 1,463
Property and other taxes 113 114 356 328
Impairment and other expense (income) 78 (28) 67 (46)
Total operating expenses 5,427 5,023 10,718 9,998
Operating (loss) income (128) (379) 856 423
Interest expense (245) (222) (694) (676)
Other income 47 84 195 217
(Loss) income before income taxes (326) (517) 357 (36)
Income tax expense (benefit) (29) (275) 3 (355)
Net (loss) income (297) (242) 354 319
Preferred and preference stock dividend requirements of SCE 27 46 80 106
Preferred stock dividend requirement of Edison International 17   38  
Net (loss) income available for common shareholders $ (341) $ (288) $ 236 $ 213
Basic (loss) earnings per share:        
Weighted average shares of common stock outstanding 380 378 380 371
Basic (loss) earnings per common share attributable to Edison International common shareholders $ (0.90) $ (0.76) $ 0.62 $ 0.57
Diluted (loss) earnings per share:        
Weighted average shares of common stock outstanding, including effect of dilutive securities 380 378 380 372
Diluted (loss) earnings per common share attributable to Edison International common shareholders $ (0.90) $ (0.76) $ 0.62 $ 0.57
SCE        
Total operating revenue $ 5,293 $ 4,635 $ 11,552 $ 10,395
Purchased power and fuel 2,088 1,817 4,384 3,813
Operation and maintenance 1,200 1,226 2,759 2,820
Wildfire-related claims, net of insurance recoveries 1,273 1,297 1,276 1,303
Wildfire Insurance Fund expense 54 85 161 252
Depreciation and amortization 598 489 1,655 1,461
Property and other taxes 111 113 353 326
Impairment and other expense (income) 79 (28) 68 (80)
Total operating expenses 5,403 4,999 10,656 9,895
Operating (loss) income (110) (364) 896 500
Interest expense (211) (188) (593) (575)
Other income 53 83 189 217
(Loss) income before income taxes (268) (469) 492 142
Income tax expense (benefit) (11) (251) 41 (300)
Net (loss) income (257) (218) 451 442
Preferred and preference stock dividend requirements of SCE 27 46 80 106
Net (loss) income available for common shareholders $ (284) $ (264) $ 371 $ 336