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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 986 $ 354
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 2,034 1,977
Allowance for equity during construction (116) (91)
Impairment   60
Deferred income taxes 53 (237)
Wildfire Insurance Fund amortization expense 159 160
Other 32 50
Nuclear decommissioning trusts (94) (81)
Changes in operating assets and liabilities:    
Receivables (692) (807)
Inventory (40) (20)
Accounts payable (186) 363
Tax receivables and payables 127 171
Other current assets and liabilities (214) (673)
Derivative assets and liabilities, net (139) (8)
Regulatory assets and liabilities, net 705 1,032
Wildfire-related insurance receivable (84) (383)
Wildfire-related claims (75) 271
Other noncurrent assets and liabilities 90 (26)
Net cash provided by operating activities 2,546 2,112
Cash flows from financing activities:    
Long-term debt issued, net of discount and issuance costs 4,678 3,347
Long-term debt repaid (1,867) (773)
Short-term debt issued 851 600
Short-term debt repaid (1,944) (993)
Common stock issued 16 10
Commercial paper borrowing, net 74 529
Dividends and distribution to noncontrolling interests (87) (83)
Common stock dividends paid (833) (787)
Preferred stock dividends paid (105) (99)
Other 97 81
Net cash provided by financing activities 880 1,832
Cash flows from investing activities:    
Capital expenditures (3,991) (4,206)
Proceeds from sale of nuclear decommissioning trust investments 3,223 3,120
Purchases of nuclear decommissioning trust investments (3,129) (3,039)
Other 3 20
Net cash used in investing activities (3,894) (4,105)
Net decrease in cash, cash equivalents and restricted cash (468) (161)
Cash, cash equivalents and restricted cash at beginning of period 917 394
Cash, cash equivalents and restricted cash at end of period 449 233
SCE    
Cash flows from operating activities:    
Net income 1,117 447
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 2,022 1,971
Allowance for equity during construction (116) (91)
Impairment   61
Deferred income taxes 94 (197)
Wildfire Insurance Fund amortization expense 159 160
Other 14 38
Nuclear decommissioning trusts (94) (81)
Changes in operating assets and liabilities:    
Receivables (679) (801)
Inventory (40) (20)
Accounts payable (178) 367
Tax receivables and payables 127 152
Other current assets and liabilities (211) (754)
Derivative assets and liabilities, net (139) (8)
Regulatory assets and liabilities, net 705 1,032
Wildfire-related insurance receivable (87) (392)
Wildfire-related claims (75) 271
Other noncurrent assets and liabilities 114 3
Net cash provided by operating activities 2,733 2,158
Cash flows from financing activities:    
Long-term debt issued, net of discount and issuance costs 3,589 2,949
Long-term debt repaid (1,467) (373)
Short-term debt issued 496 0
Short-term debt repaid (944) (993)
Capital contributions from Edison International Parent   700
Commercial paper borrowing, net 137 508
Common stock dividends paid (1,050) (975)
Preferred stock dividends paid (87) (83)
Other 39 24
Net cash provided by financing activities 713 1,757
Cash flows from investing activities:    
Capital expenditures (3,990) (4,205)
Proceeds from sale of nuclear decommissioning trust investments 3,223 3,120
Purchases of nuclear decommissioning trust investments (3,129) (3,039)
Other 2 20
Net cash used in investing activities (3,894) (4,104)
Net decrease in cash, cash equivalents and restricted cash (448) (189)
Cash, cash equivalents and restricted cash at beginning of period 766 280
Cash, cash equivalents and restricted cash at end of period $ 318 $ 91