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Consolidated Statements of Changes in Equity
6 Months Ended
Jun. 30, 2012
Stockholders' Equity Note [Abstract]  
Consolidated Statements of Changes in Equity
Consolidated Statements of Changes in Equity
The following table provides the changes in equity for the six months ended June 30, 2012.
 
Equity Attributable to Edison International
 
Noncontrolling
Interests
 
 
(in millions)
Common
Stock
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Subtotal
 
Other
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2011
$
2,360

 
$
(139
)
 
$
7,834

 
$
10,055

 
$
2

 
$
1,029

 
$
11,086

Net income

 

 
167

 
167

 
7

 
41

 
215

Other comprehensive loss

 
(17
)
 

 
(17
)
 

 

 
(17
)
Contributions from noncontrolling interests1

 

 

 

 
238

 

 
238

Transfer of assets to Capistrano Wind Partners2
(21
)
 

 

 
(21
)
 

 

 
(21
)
Common stock dividends declared ($0.65 per share)

 

 
(212
)
 
(212
)
 

 

 
(212
)
Dividends, distributions to noncontrolling interests and other

 

 

 

 
(7
)
 
(41
)
 
(48
)
Stock-based compensation and other
15

 

 
(56
)
 
(41
)
 

 

 
(41
)
Noncash stock-based compensation and other
17

 

 
(2
)
 
15

 

 

 
15

Issuance of preference stock

 

 

 

 

 
805

 
805

Redemption of preference stock



 
(1
)
 
(1
)
 


(74
)
 
(75
)
Balance at June 30, 2012
$
2,371

 
$
(156
)
 
$
7,730

 
$
9,945

 
$
240

 
$
1,760

 
$
11,945


1 
Funds contribution by third-party investors related to the Capistrano Wind equity capital raise are reported in noncontrolling interest. For further information, see Note 3.
2 
Common stock was reduced by $21 million during the six months ended June 30, 2012 due to a new tax basis in the assets transferred to Capistrano Wind Partners. The tax basis allocation to the transferred assets was updated during the three months ended June 30, 2012. For further information, see Note 3.
The following table provides the changes in equity for the six months ended June 30, 2011.
 
Equity Attributable to Edison International
 
Noncontrolling
Interests
 
 
(in millions)
Common
Stock
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Subtotal
 
Other
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2010
$
2,331

 
$
(76
)
 
$
8,328

 
$
10,583

 
$
4

 
$
907

 
$
11,494

Net income

 

 
376

 
376

 

 
29

 
405

Other comprehensive loss

 
(21
)
 

 
(21
)
 

 

 
(21
)
Common stock dividends declared ($0.64 per share)

 

 
(209
)
 
(209
)
 

 

 
(209
)
Dividends, distributions to noncontrolling interests and other

 

 

 

 
(2
)
 
(29
)
 
(31
)
Stock-based compensation and other
4

 

 
(17
)
 
(13
)
 

 

 
(13
)
Noncash stock-based compensation and other
12

 

 
(2
)
 
10

 

 
(1
)
 
9

Issuance of preference stock

 

 

 

 

 
123

 
123

Balance at June 30, 2011
$
2,347

 
$
(97
)
 
$
8,476

 
$
10,726

 
$
2

 
$
1,029

 
$
11,757