XML 20 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Total operating revenue $ 4,269 $ 3,672 $ 9,648 $ 9,100
Purchased power and fuel 2,306 1,783 4,344 3,742
Operation and maintenance 674 721 2,068 2,031
Depreciation and amortization 466 524 1,391 1,535
Property and other taxes 97 98 301 284
Impairment and other (11) 0 60 22
Other operating income (2) (7) (5) (8)
Total operating expenses 3,530 3,119 8,159 7,606
Operating income 739 553 1,489 1,494
Interest expense (188) (162) (538) (473)
Other income and expense 76 41 176 98
Income from continuing operations before income taxes 627 432 1,127 1,119
Income tax expense (benefit) 83 (69) 43 (83)
Income from continuing operations 544 501 1,084 1,202
Net income 544 501 1,084 1,202
Preferred and preference stock dividend requirements of SCE 31 32 91 94
Other noncontrolling interests 0 (1) (14) (2)
Net income available for common stock 513 470 1,007 1,110
Amounts attributable to Edison International common shareholders:        
Income from continuing operations, net of tax 513 470 1,007 1,110
Net income available for common stock $ 513 $ 470 $ 1,007 $ 1,110
Basic earnings per share:        
Weighted average common shares outstanding (in shares) 326 326 326 326
Basic earnings per common share attributable to Edison International common shareholders (in dollars per share) $ 1.57 $ 1.44 $ 3.09 $ 3.41
Diluted earnings per share:        
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) 327 328 327 329
Diluted earnings per common share attributable to Edison International common shareholders (in dollars per share) $ 1.57 $ 1.43 $ 3.08 $ 3.38
Dividends declared per common share (in dollars per share) $ 0.6050 $ 0.5425 $ 1.815 $ 1.6275
Southern California Edison Company        
Total operating revenue $ 4,260 $ 3,652 $ 9,617 $ 9,061
Purchased power and fuel 2,306 1,783 4,344 3,742
Operation and maintenance 651 690 1,996 1,945
Depreciation and amortization 466 521 1,387 1,528
Property and other taxes 96 97 298 279
Impairment and other (10) 0 (10) 0
Other operating income (3) (8) (5) (8)
Total operating expenses 3,506 3,083 8,010 7,486
Operating income 754 569 1,607 1,575
Interest expense (173) (149) (492) (436)
Other income and expense 72 42 173 110
Income from continuing operations before income taxes 653 462 1,288 1,249
Income tax expense (benefit) 86 (35) 78 34
Net income 567 497 1,210 1,215
Preferred and preference stock dividend requirements of SCE 31 32 91 94
Net income available for common stock 536 465 1,119 1,121
Amounts attributable to Edison International common shareholders:        
Net income available for common stock $ 536 $ 465 $ 1,119 $ 1,121