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Consolidated Statements of Changes in Equity (Tables)
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Schedule of Changes in Equity
EME's changes in equity for the six months ended June 30, 2013 consisted of the following:
 
Edison Mission Energy Shareholder's Equity
 
 
 
 
(in millions)
Common Stock
 
Additional Paid-in Capital
 
Retained Deficit
 
AOCI
 
Non-
controlling Interests
 
Total Equity
Balance at December 31, 2012
$
64

 
$
1,095

 
$
(577
)
 
$
(138
)
 
$
288

 
$
732

Net income (loss)

 

 
(180
)
 

 
14

 
(166
)
OCI, net of tax

 

 

 
29

 

 
29

Payments to EIX for stock purchases related to stock-based compensation

 

 
(13
)
 

 

 
(13
)
Cash contribution from EIX1

 
6

 

 

 

 
6

Excess tax benefits related to stock option exercises

 
2

 

 

 

 
2

Other stock transactions, net

 
1

 

 

 

 
1

Contributions from noncontrolling interests2

 

 

 

 
94

 
94

Distributions to noncontrolling interests

 

 

 

 
(6
)
 
(6
)
Balance at June 30, 2013
$
64

 
$
1,104

 
$
(770
)
 
$
(109
)
 
$
390

 
$
679

1 
During the first quarter of 2013, EME received a cash contribution from EIX related to the tax-allocation agreements. For further information, see Note 7—Income Taxes—EME—Effective Tax Rate.
2 
Funds contributed by third-party investors to Capistrano Wind Partners. For further information, see Note 3—Variable Interest Entities—Projects or Entities that are Consolidated—Capistrano Wind Partners.
EME's changes in equity for the six months ended June 30, 2012 consisted of the following:
 
Edison Mission Energy Shareholder's Equity
 
 
 
 
(in millions)
Common Stock
 
Additional Paid-in Capital
 
Retained Earnings
 
AOCI
 
Non-
controlling Interests
 
Total Equity
Balance at December 31, 2011
$
64

 
$
1,327

 
$
365

 
$
(94
)
 
$
2

 
$
1,664

Net income (loss)

 

 
(193
)
 

 
7

 
(186
)
OCI, net of tax

 

 

 
(21
)
 

 
(21
)
Payments to EIX for stock purchases related to stock-based compensation

 

 
(12
)
 

 

 
(12
)
Excess tax benefits related to stock option exercises

 
1

 

 

 

 
1

Other stock transactions, net

 
2

 

 

 

 
2

Contributions from noncontrolling interests1

 

 

 

 
242

 
242

Distributions to noncontrolling interests

 

 

 

 
(7
)
 
(7
)
Transfers of assets to Capistrano Wind Partners2

 
(21
)
 

 

 

 
(21
)
Balance at June 30, 2012
$
64

 
$
1,309

 
$
160

 
$
(115
)
 
$
244

 
$
1,662

1 
Funds contributed by third-party investors to Capistrano Wind Partners. For further information, see Note 3—Variable Interest Entities—Projects or Entities that are Consolidated—Capistrano Wind Partners.
2 
Additional paid in capital was reduced by $21 million due to a new tax basis in the assets transferred to Capistrano Wind Partners.