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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 774 $ 428
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,371 1,216
Allowance for equity during construction (75) (61)
Impairment   64
Deferred income taxes 63 (48)
Wildfire Insurance Fund amortization expense 105 106
Other 30 40
Nuclear decommissioning trusts (60) (65)
Changes in operating assets and liabilities:    
Receivables (46) (81)
Inventory (44) (19)
Accounts payable (415) 143
Tax receivables and payables (7) 58
Other current assets and liabilities (100) (207)
Derivative assets and liabilities, net (151) (22)
Regulatory assets and liabilities, net (366) 372
Wildfire-related insurance receivable 6 (139)
Wildfire-related claims (428) (609)
Other noncurrent assets and liabilities 55 62
Net cash provided by operating activities 712 1,238
Cash flows from financing activities:    
Long-term debt issued, net of discount and issuance costs 4,133 2,949
Long-term debt repaid (1,466) (372)
Short-term debt issued 675 600
Short-term debt repaid (1,730) (993)
Common stock issued 13 6
Commercial paper borrowing (repayments), net 198 (497)
Dividends and distribution to noncontrolling interests (58) (57)
Common stock dividends paid (555) (524)
Preferred stock dividends paid (52) (46)
Other 61 53
Net cash provided by financing activities 1,219 1,119
Cash flows from investing activities:    
Capital expenditures (2,711) (2,708)
Proceeds from sale of nuclear decommissioning trust investments 1,967 2,106
Purchases of nuclear decommissioning trust investments (1,907) (2,041)
Other 1 15
Net cash used in investing activities (2,650) (2,628)
Net decrease in cash, cash equivalents and restricted cash (719) (271)
Cash, cash equivalents and restricted cash at beginning of period 917 394
Cash, cash equivalents and restricted cash at end of period 198 123
SCE    
Cash flows from operating activities:    
Net income 848 500
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,360 1,211
Allowance for equity during construction (75) (61)
Impairment   64
Deferred income taxes 96 (19)
Wildfire Insurance Fund amortization expense 105 106
Other 17 25
Nuclear decommissioning trusts (60) (65)
Changes in operating assets and liabilities:    
Receivables (39) (78)
Inventory (44) (19)
Accounts payable (415) 145
Tax receivables and payables (6) 40
Other current assets and liabilities (48) (202)
Derivative assets and liabilities, net (151) (22)
Regulatory assets and liabilities, net (366) 372
Wildfire-related insurance receivable 6 (139)
Wildfire-related claims (428) (609)
Other noncurrent assets and liabilities 62 68
Net cash provided by operating activities 862 1,317
Cash flows from financing activities:    
Long-term debt issued, net of discount and issuance costs 3,044 2,949
Long-term debt repaid (1,066) (372)
Short-term debt issued 320 0
Short-term debt repaid (730) (993)
Capital contributions from Edison International Parent   700
Commercial paper borrowing (repayments), net 262 (499)
Common stock dividends paid (700) (650)
Preferred stock dividends paid (58) (57)
Other 18 18
Net cash provided by financing activities 1,090 1,096
Cash flows from investing activities:    
Capital expenditures (2,710) (2,708)
Proceeds from sale of nuclear decommissioning trust investments 1,967 2,106
Purchases of nuclear decommissioning trust investments (1,907) (2,041)
Other   17
Net cash used in investing activities (2,650) (2,626)
Net decrease in cash, cash equivalents and restricted cash (698) (213)
Cash, cash equivalents and restricted cash at beginning of period 766 280
Cash, cash equivalents and restricted cash at end of period $ 68 $ 67