XML 128 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 170 $ 1,469
Cash and cash equivalents 170 169
Receivables, less allowances of $75 for uncollectible accounts at both dates 762 768
Accrued unbilled revenue 550 519
Inventory 340 350
Prepaid taxes 22 88
Derivative assets 129 65
Margin and collateral deposits 8 17
Regulatory assets 572 494
Other current assets 119 73
Assets of discontinued operations 0 1,941
Total current assets 2,672 4,484
Nuclear decommissioning trusts 4,048 3,592
Investments in unconsolidated affiliates 2 2
Other investments 184 211
Total investments 4,234 3,805
Utility property, plant and equipment, less accumulated depreciation of $7,424 and $6,894 at respective dates 30,200 27,569
Nonutility property, plant and equipment, less accumulated depreciation of $123 and $113 at respective dates (and $117 and $107 at respective dates for SCE) 73 75
Total property, plant and equipment 30,273 27,644
Derivative assets 85 70
Restricted deposits 4 3
Regulatory assets 6,422 5,466
Other long-term assets 704 486
Total long-term assets 7,215 6,025
Assets of discontinued operations 0 6,081
Total assets 44,394 48,039
LIABILITIES AND EQUITY    
Short-term debt 175 429
Accounts payable 1,423 1,321
Accrued taxes 61 49
Accrued interest 176 172
Customer deposits 193 199
Derivative liabilities 126 266
Regulatory liabilities 536 670
Deferred income taxes 64 89
Other current liabilities 990 794
Liabilities of discontinued operations 0 359
Total current liabilities 3,744 4,348
Long-term debt 9,231 8,834
Deferred income taxes 6,127 5,065
Deferred investment tax credits 104 84
Customer advances 149 138
Derivative liabilities 939 456
Pensions and benefits 2,614 2,715
Asset retirement obligations 2,782 2,610
Regulatory liabilities 5,214 4,670
Other deferred credits and other long-term liabilities 2,299 1,839
Total deferred credits and other liabilities 20,228 17,577
Liabilities of discontinued operations 0 6,194
Total liabilities 33,203 36,953
Commitments and contingencies (Note 9)      
Common stock, no par value (800,000,000 shares authorized; 325,811,206 shares issued and outstanding at each date) and (560,000 shares authorized; 434,888,104 shares issued and outstanding at each date for SCE) 2,373 2,360
Accumulated other comprehensive loss (87) (139)
Retained earnings 7,146 7,834
Total common shareholders' equity 9,432 10,055
Preferred and preference stock of utility 1,759 1,029
Other noncontrolling interests 0 2
Total noncontrolling interests 1,759 1,031
Total equity 11,191 11,086
Total liabilities and equity 44,394 48,039
Southern California Edison
   
ASSETS    
Cash and cash equivalents 45 57
Receivables, less allowances of $75 for uncollectible accounts at both dates 755 760
Accrued unbilled revenue 550 519
Inventory 340 350
Prepaid taxes 48 278
Derivative assets 129 65
Regulatory assets 572 494
Other current assets 123 89
Total current assets 2,562 2,612
Nuclear decommissioning trusts 4,048 3,592
Other investments 116 93
Total investments 4,164 3,685
Utility property, plant and equipment, less accumulated depreciation of $7,424 and $6,894 at respective dates 30,200 27,569
Nonutility property, plant and equipment, less accumulated depreciation of $123 and $113 at respective dates (and $117 and $107 at respective dates for SCE) 70 73
Total property, plant and equipment 30,270 27,642
Derivative assets 85 70
Regulatory assets 6,422 5,815
Other long-term assets 531 491
Total long-term assets 7,038 6,376
Total assets 44,034 40,315
LIABILITIES AND EQUITY    
Short-term debt 175 419
Accounts payable 1,297 1,319
Accrued taxes 72 49
Accrued interest 172 167
Customer deposits 193 199
Derivative liabilities 126 266
Regulatory liabilities 536 670
Deferred income taxes 81 89
Other current liabilities 861 670
Total current liabilities 3,513 3,848
Long-term debt 8,828 8,431
Deferred income taxes 6,669 5,781
Deferred investment tax credits 104 84
Customer advances 149 138
Derivative liabilities 939 805
Pensions and benefits 2,245 2,461
Asset retirement obligations 2,782 2,610
Regulatory liabilities 5,214 4,670
Other deferred credits and other long-term liabilities 1,848 1,529
Total deferred credits and other liabilities 19,950 18,078
Total liabilities 32,291 30,357
Commitments and contingencies (Note 9)      
Common stock, no par value (800,000,000 shares authorized; 325,811,206 shares issued and outstanding at each date) and (560,000 shares authorized; 434,888,104 shares issued and outstanding at each date for SCE) 2,168 2,168
Additional paid-in capital 581 596
Accumulated other comprehensive loss (29) (24)
Retained earnings 7,228 6,173
Total common shareholders' equity 9,948 8,913
Preferred and preference stock of utility 1,795 1,045
Total equity 11,743 9,958
Total liabilities and equity $ 44,034 $ 40,315