Business Segments

6 Months Ended

Jun. 30, 2011

Business Segments

Business Segments

Note 17. Business Segments

Edison International has two business segments for financial reporting purposes: an electric utility operation segment (SCE) and a competitive power generation segment (EMG). The significant accounting policies of the segments are the same as those described in Note 1.

Reportable Segments Information

The following is information (including the elimination of intercompany transactions) related to Edison International's reportable segments:

	Three months ended June 30,						Six months ended June 30,
(in millions)	2011			2010			2011			2010
Operating Revenue:
Electric utility	$	2,446		$	2,247		$	4,678		$	4,406
Competitive power generation		538			495			1,090			1,147
Parent and other2		(1	)		(1	)		(2	)		(1	)
Consolidated Edison International	$	2,983		$	2,741		$	5,766		$	5,552
Net Income (Loss) attributable to Edison International:
Electric utility	$	211		$	301		$	433		$	465
Competitive power generation1		(31	)		27			(51	)		104
Parent and other2		(4	)		16			(6	)		11
Consolidated Edison International	$	176		$	344		$	376		$	580

Segment balance sheet information was:

(in millions)		June 30, 2011			December 31, 2010
Total Assets:
	Electric utility	$	37,365		$	35,906
	Competitive power generation		9,804			9,597
	Parent and other2		(94	)		27
Consolidated Edison International		$	47,075		$	45,530

¹

Includes earnings (losses) from discontinued operations of $(1) million and $1 million for the three months ended June 30, 2011 and 2010, respectively, and $(3) million and $8 million for the six months ended June 30, 2011 and 2010, respectively.

²

Includes amounts from Edison International (parent) and other Edison International subsidiaries that are not significant as a reportable segment, as well as intercompany eliminations.