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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating revenue $ 3,966 $ 3,968
Purchased power and fuel 1,318 1,037
Operation and maintenance 1,084 1,487
Wildfire-related claims, net of insurance recoveries 96 425
Wildfire Insurance Fund expense 52 53
Depreciation and amortization 656 583
Property and other taxes 140 126
Other operating income   (2)
Total operating expenses 3,346 3,709
Operating income 620 259
Interest expense (361) (246)
Other income 119 68
Income before income taxes 378 81
Income tax expense (benefit) 13 (55)
Net income 365 136
Less: Preferred and preference stock dividend requirements 26 26
Net income attributable to Edison International common shareholders $ 310 $ 84
Basic earnings per share:    
Weighted average shares of common stock outstanding 383 381
Basic earnings per common share attributable to Edison International common shareholders $ 0.81 $ 0.22
Diluted earnings per share:    
Weighted average shares of common stock outstanding, including effect of dilutive securities 384 382
Diluted earnings per common share attributable to Edison International common shareholders $ 0.81 $ 0.22
SCE    
Operating revenue $ 3,950 $ 3,961
Purchased power and fuel 1,318 1,037
Operation and maintenance 1,081 1,466
Wildfire-related claims, net of insurance recoveries 96 425
Wildfire Insurance Fund expense 52 53
Depreciation and amortization 656 583
Property and other taxes 139 124
Other operating income   (2)
Total operating expenses 3,342 3,686
Operating income 608 275
Interest expense (300) (213)
Other income 120 71
Income before income taxes 428 133
Income tax expense (benefit) 29 (40)
Net income 399 173
Less: Preferred and preference stock dividend requirements 29 26
Net income attributable to Edison International common shareholders $ 370 $ 147