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Related Party Transactions
12 Months Ended
Dec. 31, 2012
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions
Edison International and SCE provide and receive various services to and from its affiliates. Services provided to Edison International by SCE are priced at fully loaded cost (i.e., direct cost of good or service and allocation of overhead cost). Specified administrative services such as payroll, employee benefit programs, all performed by Edison International or SCE employees, are shared among all affiliates of Edison International. Costs are allocated based on one of the following formulas: percentage of time worked, equity in investment and advances, number of employees, or multi-factor (operating revenues, operating expenses, total assets and number of employees). Edison International allocates various corporate administrative and general costs to SCE and other subsidiaries using established allocation factors. Management believes that the methods used to allocate expenses are reasonable and meet the reporting and accounting requirements of its regulatory agencies.
The tables below summarize Edison International's and SCE's related party receivables and payables with unconsolidated affiliates, net of allowances for uncollectible accounts. EME amounts outstanding prior to December 17, 2012 were excluded from Edison International's table as these transactions were included and eliminated from Edison International's consolidated financial statements.
(in millions)
 
 
December 31,
2012
Edison International:
 
 
 
Current receivables due from EME
 
 
$
2

Long-term income tax receivables due from EME1
 
 
205

Total receivables due from unconsolidated affiliates
 
 
$
207

 
 
 
 
Current payables due to EME
 
 
$
11

Current income tax payables due to EME
 
 
99

Long-term payables due to EME
 
 
15

Long-term payables due to unconsolidated affiliates
 
 
36

Total payables due to unconsolidated affiliates
 
 
$
161

 
 
 
 
 
December 31,
(in millions)
2012
 
2011
SCE:
 
 
 
Current receivables due from various affiliates
$
12

 
$
23

Long-term receivables due from Edison International Parent
1

 
1

Total receivables due from unconsolidated affiliates
$
13

 
$
24

 
 
 
 
Current payables due to various affiliates
$
7

 
$
8

Long-term payable due to Edison International Parent2
122

 

Total payables due to unconsolidated affiliates
$
129

 
$
8

1  
Edison International Parent has recorded liabilities at December 31, 2012 of $183 million related to joint tax liabilities with EME. Under the tax allocation agreements, EME is obligated for such liabilities and, accordingly, Edison International has recorded a receivable from EME in this amount. See Note 18 for further information.
2 
Relates to certain SCE postretirement benefits transferred to Edison International Parent. See Note 8 for further information.
Edison International's revenues from services provided to EME were $7 million, $5 million and $7 million for the years ended December 31, 2012, 2011 and 2010, respectively. SCE revenues from services provided to Edison International Parent were $4 million, $3 million and $3 million for the years December 31, 2012, 2011 and 2010, respectively.