Investments (Tables)

3 Months Ended

Mar. 31, 2018

Investment [Line Items]

Summary of Assets and Liability Held for Sale

The following table summarizes the assets and liabilities held for sale at March 31, 2018:

(in millions)	March 31, 2018
Assets:
Cash and cash equivalents	$	18
Short-term restricted cash	25
Receivables	6
Non-utility property, plant and equipment1	203
Other assets	18
Total assets of business held for sale	$	270
Liabilities:
Accounts payable	$	1
Accrued liabilities	4
Debt obligations	82
Other liabilities	27
Noncontrolling interest (NCI)	28
Total liabilities and NCI of business held for sale1	$	142

¹  During the first quarter of 2018, the carrying value of assets and liabilities was adjusted to fair value less transaction costs, which resulted in a pre-tax loss of $66 million recorded in "Impairment and other charges" in Edison International's consolidated income statements.

Southern California Edison

Investment [Line Items]

Amortized Cost and Fair Value of the Trust Investments

The following table sets forth amortized cost and fair value of the trust investments (see Note 4 for a discussion of fair value of the trust investments):

	Longest Maturity Dates	Amortized Cost				Fair Value
(in millions)		March 31, 2018		December 31, 2017		March 31, 2018		December 31, 2017
Stocks	—	*		$	236	$	1,520	$	1,596
Municipal bonds	2054	636		643		740		768
U.S. government and agency securities	2067	1,259		1,235		1,331		1,319
Corporate bonds	2057	593		579		644		643
Short-term investments and receivables/payables1	One-year	95		110		99		114
Total		$	2,583	$	2,803	$	4,334	$	4,440

* Effective January 1, 2018, SCE adopted an accounting standards update related to the classification and measurement of financial instruments in which equity investments are measured at fair value. See Note 1 for further information.

¹  Short-term investments include $37 million and $29 million of repurchase agreements payable by financial institutions which earn interest, are fully secured by U.S. Treasury securities and mature by April 2, 2018 and January 2, 2018 as of March 31, 2018 and December 31, 2017, respectively.