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Consolidated Statements of Income (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Electric utility $ 2,445 $ 2,246 $ 4,676 $ 4,405
Competitive power generation 538 495 1,090 1,147
Total operating revenue 2,983 2,741 5,766 5,552
Fuel 256 254 515 549
Purchased power 649 612 1,158 1,220
Operations and maintenance 1,263 1,144 2,412 2,183
Depreciation, decommissioning and amortization 435 380 852 749
Total operating expenses 2,603 2,390 4,937 4,701
Operating income 380 351 829 851
Interest and dividend income 30 4 34 23
Equity in income from unconsolidated affiliates - net 18 20 12 39
Other income 42 36 83 70
Interest expense (203) (175) (398) (343)
Other expenses (13) (16) (25) (28)
Income from continuing operations before income taxes 254 220 535 612
Income tax expense (benefit) 62 (136) 127 14
Income from continuing operations 192 356 408 598
Income (loss) from discontinued operations, net of tax (1) 1 (3) 8
Net income 191 357 405 606
Dividends on preferred and preference stock of utility 15 13 29 26
Net income attributable to Edison International common shareholders 176 344 376 580
Amounts attributable to Edison International common shareholders:        
Income from continuing operations, net of tax 177 343 379 572
Income (loss) from discontinued operations, net of tax (1) 1 (3) 8
Net income attributable to Edison International common shareholders $ 176 $ 344 $ 376 $ 580
Basic earnings per common share attributable to Edison International common shareholders:        
Weighted-average shares of common stock outstanding (in shares) 326 326 326 326
Continuing operations (in dollars per share) $ 0.54 $ 1.05 $ 1.16 $ 1.75
Discontinued operations (in dollars per share)     $ (0.01) $ 0.02
Total (in dollars per share) $ 0.54 $ 1.05 $ 1.15 $ 1.77
Diluted earnings per common share attributable to Edison International common shareholders:        
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) 329 327 328 327
Continuing operations (in dollars per share) $ 0.54 $ 1.05 $ 1.16 $ 1.75
Discontinued operations (in dollars per share)     $ (0.01) $ 0.02
Total (in dollars per share) $ 0.54 $ 1.05 $ 1.15 $ 1.77
Dividends declared per common share (in dollars per share) $ 0.320 $ 0.315 $ 0.640 $ 0.630