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Consolidated Statements of Comprehensive Income (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net income (loss) $ (92) $ 22 $ 1,308
Pension and postretirement benefits other than pensions:      
Net gain (loss) arising during the period, net of income tax expense (benefit) of $32, $(14) and $(22) for the years ended December 31, 2012, 2011 and 2010, respectively (and $6, $2 and $6 for 2012, 2011 and 2010, respectively for SCE) 15 (21) (23)
Amortization of net (gain) loss included in net income (loss), net of income tax expense (benefit) of $(2), $5 and $4 for the years ended December 31, 2012, 2011 and 2010, respectively (and $3, $2 and $2 for 2012, 2011 and 2010 respectively for SCE) (2) 8 6
Prior service cost (credit) arising during the period, net of income tax expense (benefit) of $1 and $(4) for the years ended December 31, 2012 and 2010, respectively 2 0 (6)
Amortization of prior service cost (credit) included in net income (loss), net of income tax expense of $2 for the year ended December 31, 2012 3 0 (1)
Unrealized loss on derivatives qualified as cash flow hedges:      
Unrealized holding gain (loss) arising during the period, net of income tax expense (benefit) of $(15), $(7) and $37 for the years ended December 31, 2012, 2011 and 2010, respectively (21) (12) 55
Reclassification adjustments included in net income (loss), net of income tax expense (benefit) of $37, $(25) and $(96) for the years ended December 31, 2012, 2011 and 2010, respectively 55 (38) (144)
Other comprehensive income (loss) 52 (63) (113)
Comprehensive income (loss) (40) (41) 1,195
Less: Comprehensive income attributable to noncontrolling interests 91 59 52
Comprehensive income attributable to Company (131) (100) 1,143
Southern California Edison
     
Net income (loss) 1,660 [1],[2] 1,144 1,092
Pension and postretirement benefits other than pensions:      
Net gain (loss) arising during the period, net of income tax expense (benefit) of $32, $(14) and $(22) for the years ended December 31, 2012, 2011 and 2010, respectively (and $6, $2 and $6 for 2012, 2011 and 2010, respectively for SCE) (9) (3) (9)
Amortization of net (gain) loss included in net income (loss), net of income tax expense (benefit) of $(2), $5 and $4 for the years ended December 31, 2012, 2011 and 2010, respectively (and $3, $2 and $2 for 2012, 2011 and 2010 respectively for SCE) 4 4 3
Unrealized loss on derivatives qualified as cash flow hedges:      
Other comprehensive income (loss) (5) 1 (6)
Comprehensive income (loss) $ 1,655 $ 1,145 $ 1,086
[1] During the fourth quarter of 2012, SCE corrected errors, primarily related to deferred taxes, that resulted in a net earnings benefit of $33 million which were not considered material to the current and prior period consolidated financial statements.
[2] During the fourth quarter of 2012, SCE implemented the 2012 GRC Decision which resulted in an earnings impact of approximately $500 million.