Edison International

SCE

Three months ended March 31,

(in millions)

2024

2023

2024

2023

(Loss) income from operations before income taxes

$

(61)

$

378

$

22

$

428

Provision for income tax at federal statutory rate of 21%

(13)

79

5

90

(Decrease) increase in income tax from:

State tax, net of federal income tax effect

(37)

(1)

(31)

3

Property-related

(55)

(58)

(55)

(58)

Other

(8)

(7)

(3)

(6)

Total income tax (benefit) expense

$

(113)

$

13

$

(84)

$

29

Effective tax rate

185.2

%

3.4

%

(381.8)

%

6.8

%