Revenue (Tables)

6 Months Ended

Jun. 30, 2023

Revenue

Summary of Revenue

	Three months ended June 30, 2023						Three months ended June 30, 2022
			Cost-						Cost-
	Earning		Recovery		Total		Earning		Recovery		Total
(in millions)	Activities		Activities		Consolidated		Activities		Activities		Consolidated
Revenue from contracts with customers1,2	$	2,043	$	1,546	$	3,589	$	1,978	$	2,022	$	4,000
Alternative revenue programs and other operating revenue3		124		236		360		186		(190)		(4)
Total operating revenue	$	2,167	$	1,782	$	3,949	$	2,164	$	1,832	$	3,996

	Six months ended June 30, 2023						Six months ended June 30, 2022
			Cost-						Cost-
	Earning		Recovery		Total		Earning		Recovery		Total
(in millions)	Activities		Activities		Consolidated		Activities		Activities		Consolidated
Revenues from contracts with customers1,2	$	4,119	$	3,206	$	7,325	$	3,963	$	3,397	$	7,360
Alternative revenue programs and other operating revenue3		281		293		574		468		129		597
Total operating revenue	$	4,400	$	3,499	$	7,899	$	4,431	$	3,526	$	7,957

1 SCE recorded CPUC revenue based on an annual revenue requirement set by a methodology established in the GRC proceeding and FERC revenue authorized through a formula rate. For further information, see Note 1.

2 At June 30, 2023 and December 31, 2022, SCE's receivables related to contracts from customers were $2.3 billion for both periods, which include accrued unbilled revenue of $756 million and $638 million, respectively.

3 Includes differences between amounts billed and authorized levels for both the CPUC and FERC.