Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Summary of Significant Accounting Policies

Cash Equivalents

	Edison International				SCE
	March 31,		December 31,		March 31,		December 31,
(in millions)	2023		2022		2023		2022
Money market funds	$	136	$	784	$	—	$	647

Cash, Cash Equivalents and Restricted Cash

	March 31,		December 31,
(in millions)	2023		2022
Edison International:
Cash and cash equivalents	$	836	$	914
Short-term restricted cash1		2		3
Total cash, cash equivalents and restricted cash	$	838	$	917

1 Reflected in "Other current assets" on Edison International's consolidated balance sheets.

Changes in Allowance for Uncollectible Accounts

	Three months ended							Three months ended
	March 31, 2023							March 31, 2022
(in millions)	Customers		All others		Total			Customers		All others		Total
Beginning balance	$	334	$	20	$	354	2	$	293	$	16	$	309
Current period provision for uncollectible accounts1		20		—		20			54		7		61
Write-offs, net of recoveries		(28)		(2)		(30)			(10)		(7)		(17)
Ending balance	$	326	$	18	$	344	2	$	337	$	16	$	353

1 For the three months ended March 31, 2023 and 2022, $14 million and $41 million of the costs were probable of recovery from customers and recorded as regulatory assets, respectively.

2 Approximately $21 million and $7 million of allowance for uncollectible accounts are included in "Other long-term assets" on SCE's consolidated balance sheets as of March 31, 2023 and December 31, 2022, respectively.

EPS Attributable to Edison International Common Shareholders

	Three months ended March 31,
(in millions, except per-share amounts)	2023		2022
Basic earnings per share:
Net income attributable to common shareholders	$	310	$	84
Net income available to common shareholders	$	310	$	84
Weighted average common shares outstanding		383		381
Basic earnings per share	$	0.81	$	0.22
Diluted earnings per share:
Net income attributable to common shareholders	$	310	$	84
Net income available to common shareholders	$	310	$	84
Income impact of assumed conversions		1		—
Net income available to common shareholders and assumed conversions	$	311	$	84
Weighted average common shares outstanding		383		381
Incremental shares from assumed conversions		1		1
Adjusted weighted average shares – diluted		384		382
Diluted earnings per share	$	0.81	$	0.22