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Regulatory Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2012
Regulatory Assets and Liabilities Disclosure [Abstract]  
Regulatory Assets Included on the Consolidated Balance Sheets
SCE's regulatory assets included on the consolidated balance sheets are:
 
December 31,
(in millions)
2012
 
2011
Current:
 
 
 
Regulatory balancing accounts
$
502

 
$
223

Energy derivatives
70

 
264

Other

 
7

Total Current
572

 
494

Long-term:
 
 
 
Deferred income taxes, net
2,663

 
2,020

Pensions and other postretirement benefits
1,550

 
1,703

Energy derivatives1
900

 
836

Unamortized investments, net
507

 
484

Unamortized loss on reacquired debt
228

 
249

Nuclear-related investment, net
141

 
156

Regulatory balancing accounts
73

 
69

Other
360

 
298

Total Long-term
6,422

 
5,815

Total Regulatory Assets
$
6,994

 
$
6,309


1
Included in 2011 is the regulatory offset of a power purchase agreement between SCE and EME with a fair market value of $349 million, which was eliminated in the Edison International consolidated financial statements.
Regulatory Liabilities Included on the Consolidated Balance Sheets
Edison International's and SCE's regulatory liabilities included on the consolidated balance sheets are:
 
December 31,
(in millions)
2012
 
2011
Current:
 
 
 
Regulatory balancing accounts
$
484

 
$
661

Other
52

 
9

Total Current
536

 
670

Long-term:
 
 
 
Costs of removal
2,731

 
2,697

Asset Retirement Obligations
1,385

 
1,105

Regulatory balancing accounts
1,091

 
864

Other
7

 
4

Total Long-term
5,214

 
4,670

Total Regulatory Liabilities
$
5,750

 
$
5,340