XML 49 R31.htm IDEA: XBRL DOCUMENT v3.5.0.2
Compensation and Benefit Plans (Tables)
 9 Months Ended
Sep. 30, 2016
Pension Plans  
Pension and Other Postretirement Benefits  
Expense Components for Plans
Pension expense components for continuing operations are:
 
Three months ended September 30,
 
Nine months ended September 30,
(in millions)
2016
 
2015
 
2016
 
2015
Edison International:
 
 
 
 
 
 
 
Service cost
$
39

 
$
35

 
$
117

 
$
105

Interest cost
44

 
41

 
132

 
124

Expected return on plan assets
(56
)
 
(57
)
 
(168
)
 
(171
)
Amortization of prior service cost
1

 
1

 
3

 
3

Amortization of net loss1
9

 
9

 
27

 
27

Expense under accounting standards
$
37

 
$
29

 
$
111

 
$
88

Regulatory adjustment
(9
)
 
(2
)
 
(27
)
 
(4
)
Total expense recognized
$
28

 
$
27

 
$
84

 
$
84

SCE:
 
 
 
 
 
 
 
Service cost
$
38

 
$
35

 
$
114

 
$
104

Interest cost
41

 
38

 
123

 
113

Expected return on plan assets
(53
)
 
(53
)
 
(159
)
 
(160
)
Amortization of prior service cost
1

 
1

 
3

 
4

Amortization of net loss1
8

 
7

 
24

 
22

Expense under accounting standards
$
35

 
$
28

 
$
105

 
$
83

Regulatory adjustment
(9
)
 
(2
)
 
(27
)
 
(4
)
Total expense recognized
$
26

 
$
26

 
$
78

 
$
79


1 
Includes the amount of net loss reclassified from other comprehensive loss. The amount reclassified for Edison International and SCE was $3 million and $2 million, respectively, for the three months ended September 30, 2016, and $9 million and $5 million, respectively, for the nine months ended September 30, 2016. The amount reclassified for Edison International and SCE was $4 million and $2 million, respectively, for the three months ended September 30, 2015 and $11 million and $6 million, respectively, for the nine months ended September 30, 2015.
Postretirement Benefits Other Than Pensions  
Pension and Other Postretirement Benefits  
Expense Components for Plans
PBOP expense components for continuing operations are:
 
Three months ended September 30,
 
Nine months ended September 30,
(in millions)
2016
 
2015
 
2016
 
2015
Edison International:
 
 
 
 
 
 
 
Service cost
$
10

 
$
12

 
$
30

 
$
36

Interest cost
26

 
29

 
78

 
86

Expected return on plan assets
(28
)
 
(28
)
 
(84
)
 
(85
)
Amortization of prior service cost
(1
)
 
(3
)
 
(3
)
 
(9
)
Amortization of net loss
—

 
5

 
—

 
17

Total expense
$
7

 
$
15

 
$
21

 
$
45

SCE:
 
 
 
 
 
 
 
Service cost
$
10

 
$
12

 
$
30

 
$
36

Interest cost
26

 
28

 
78

 
84

Expected return on plan assets
(28
)
 
(28
)
 
(84
)
 
(84
)
Amortization of prior service cost
(1
)
 
(3
)
 
(3
)
 
(9
)
Amortization of net loss
—

 
6

 
—

 
17

Total expense
$
7

 
$
15

 
$
21

 
$
44
Southern California Edison  
Pension and Other Postretirement Benefits  
Workforce Reductions
The following table provides a summary of changes in the accrued severance liability associated with these reductions:
(in millions)
 
 
Balance at January 1, 2016
 
$
22

Additions
 
21

Payments
 
(34
)
Balance at September 30, 2016
 
$
9