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Consolidated Statements of Changes in Equity (Tables)
9 Months Ended
Sep. 30, 2013
Statement of Stockholders' Equity [Abstract]  
Schedule of changes in equity
The following table provides Edison International's changes in equity for the nine months ended September 30, 2013:
 
Equity Attributable to Edison International
 
Noncontrolling Interests
 
 
(in millions)
Common
Stock
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Subtotal
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2012
$
2,373

 
$
(87
)
 
$
7,146

 
$
9,432

 
$
1,759

 
$
11,191

Net income

 

 
614

 
614

 
75

 
689

Other comprehensive income

 
8

 

 
8

 

 
8

Common stock dividends declared ($1.0125 per share)

 

 
(330
)
 
(330
)
 

 
(330
)
Dividends, distributions to noncontrolling interests

 

 

 

 
(75
)
 
(75
)
Stock-based compensation and other
5

 

 
(45
)
 
(40
)
 

 
(40
)
Noncash stock-based compensation and other
19

 

 
(6
)
 
13

 
(1
)
 
12

Issuance of preference stock

 

 

 

 
387

 
387

Redemption of preference stock

 

 
(8
)
 
(8
)
 
(392
)
 
(400
)
Balance at September 30, 2013
$
2,397

 
$
(79
)
 
$
7,371

 
$
9,689

 
$
1,753

 
$
11,442


During the first quarter of 2013, SCE redeemed all outstanding shares of Series B and C preference stock and charged the issuance costs to retained earnings.
The following table provides Edison International's changes in equity for the nine months ended September 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


 
357

 
357

 

 
66

 
423

Other comprehensive loss

(29
)
 

 
(29
)
 

 

 
(29
)
Contributions from noncontrolling interests


 

 

 
238

 

 
238

Transfer of assets to Capistrano Wind Partners
(21
)

 

 
(21
)
 

 

 
(21
)
Common stock dividends declared ($0.975 per share)


 
(318
)
 
(318
)
 

 

 
(318
)
Dividends, distributions to noncontrolling interests and other


 

 

 
(2
)
 
(66
)
 
(68
)
Stock-based compensation and other
19


 
(64
)
 
(45
)
 

 

 
(45
)
Noncash stock-based compensation and other
27


 
(2
)
 
25

 

 

 
25

Issuance of preference stock


 

 

 

 
804

 
804

Redemption of preference stock


 
(1
)
 
(1
)
 

 
(74
)
 
(75
)
Balance at September 30, 2012
$
2,385

$
(168
)
 
$
7,806

 
$
10,023

 
$
238

 
$
1,759

 
$
12,020

The following table provides SCE's changes in equity for the nine months ended September 30, 2013:
 
Equity Attributable to SCE
 
 
 
 
(in millions)
Common
Stock
 
Additional
Paid-in
Capital
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2012
$
2,168

 
$
581

 
$
(29
)
 
$
7,228

 
$
1,795

 
$
11,743

Net income

 

 

 
717

 

 
717

Other comprehensive income

 

 
1

 

 

 
1

Dividends declared on common stock

 

 

 
(360
)
 

 
(360
)
Dividends declared on preferred and preference stock

 

 

 
(75
)
 

 
(75
)
Stock-based compensation and other

 
3

 

 
(39
)
 

 
(36
)
Noncash stock-based compensation and other

 
10

 

 
4

 

 
14

Issuance of preference stock

 
(13
)
 

 

 
400

 
387

Redemption of preference stock

 
8

 

 
(8
)
 
(400
)
 
(400
)
Balance at September 30, 2013
$
2,168

 
$
589

 
$
(28
)
 
$
7,467

 
$
1,795

 
$
11,991

During the first quarter of 2013, SCE redeemed all outstanding shares of Series B and C preference stock and charged the issuance costs to retained earnings.
The following table provides SCE's changes in equity for the nine months ended September 30, 2012:
 
Equity Attributable to SCE
 
 
 
 
(in millions)
Common
Stock
 
Additional
Paid-in
Capital
 
Accumulated
Other
Comprehensive
Loss
 
Retained
Earnings
 
Preferred
and
Preference
Stock
 
Total
Equity
Balance at December 31, 2011
$
2,168

 
$
596

 
$
(24
)
 
$
6,173

 
$
1,045

 
$
9,958

Net income

 

 

 
802

 

 
802

Other comprehensive income

 

 
1

 

 

 
1

Dividends declared on common stock

 

 

 
(349
)
 

 
(349
)
Dividends declared on preferred and preference stock

 

 

 
(66
)
 

 
(66
)
Stock-based compensation and other

 
11

 

 
(35
)
 

 
(24
)
Noncash stock-based compensation and other

 
13

 

 

 

 
13

Issuance of preference stock

 
(21
)
 

 

 
825

 
804

Redemption of preference stock

 
1

 

 
(1
)
 
(75
)
 
(75
)
Balance at September 30, 2012
$
2,168

 
$
600

 
$
(23
)
 
$
6,524

 
$
1,795

 
$
11,064