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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenue $ 4,078 $ 3,966
Purchased power and fuel 1,008 1,318
Operation and maintenance 1,317 1,084
Wildfire-related claims, net of insurance recoveries 615 96
Wildfire Insurance Fund expense 36 52
Depreciation and amortization 702 656
Property and other taxes 155 140
Total operating expenses 3,833 3,346
Operating income 245 620
Interest expense (444) (361)
Other income, net 138 119
(Loss) income before income taxes (61) 378
Income tax (benefit) expense (113) 13
Net income 52 365
Less: Net income attributable to noncontrolling interests - preference stock of SCE 41 29
Preferred stock dividend requirements of Edison International 22 26
Net (loss) income available to common stock $ (11) $ 310
Basic (loss) earnings per share:    
Weighted average shares of common stock outstanding 385 383
Basic (loss) earnings per common share available to Edison International common shareholders $ (0.03) $ 0.81
Diluted (loss) earnings per share:    
Weighted average shares of common stock outstanding, including effect of dilutive securities 385 384
Diluted (loss) earnings per common share available to Edison International common shareholders $ (0.03) $ 0.81
SCE    
Operating revenue $ 4,064 $ 3,950
Purchased power and fuel 1,008 1,318
Operation and maintenance 1,291 1,081
Wildfire-related claims, net of insurance recoveries 614 96
Wildfire Insurance Fund expense 36 52
Depreciation and amortization 701 656
Property and other taxes 153 139
Total operating expenses 3,803 3,342
Operating income 261 608
Interest expense (374) (300)
Other income, net 135 120
(Loss) income before income taxes 22 428
Income tax (benefit) expense (84) 29
Net income 106 399
Preferred stock dividend requirements of Edison International 41 29
Net (loss) income available to common stock $ 65 $ 370