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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Electric utility $ 2,412 $ 2,230
Competitive power generation 444 552
Total operating revenue 2,856 2,782
Fuel 283 258
Purchased power 615 508
Operation and maintenance 1,184 1,149
Depreciation, decommissioning and amortization 456 417
Asset impairments and other 14 0
Total operating expenses 2,552 2,332
Operating income 304 450
Interest and dividend income 3 4
Equity in loss from unconsolidated affiliates - net (1) (5)
Other income 31 41
Interest expense (212) (196)
Other expenses (10) (13)
Income from continuing operations before income taxes 115 281
Income tax expense 0 65
Income from continuing operations 115 216
Loss from discontinued operations, net of tax (1) (2)
Net income 114 214
Dividends on preferred and preference stock of utility 19 14
Other noncontrolling interests 2 0
Net income attributable to Edison International common shareholders 93 200
Amounts attributable to Edison International common shareholders:    
Income from continuing operations, net of tax 94 202
Loss from discontinued operations, net of tax (1) (2)
Net income attributable to Edison International common shareholders $ 93 $ 200
Basic earnings (loss) per common share attributable to Edison International common shareholders:    
Weighted-average shares of common stock outstanding (in shares) 326 326
Continuing operations (in dollars per share) $ 0.28 $ 0.62
Discontinued operations (in dollars per share) $ 0.00 $ (0.01)
Total (in dollars per share) $ 0.28 $ 0.61
Diluted earnings (loss) per common share attributable to Edison International common shareholders:    
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) 329 328
Continuing operations (in dollars per share) $ 0.28 $ 0.62
Discontinued operations (in dollars per share) $ 0.00 $ (0.01)
Total (in dollars per share) $ 0.28 $ 0.61
Dividends declared per common share (in dollars per share) $ 0.325 $ 0.32