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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
Edison International's quarterly financial data is as follows:
 
2018
(in millions, except per-share amounts)
Total
 
Fourth
 
Third
 
Second
 
First
Operating revenue
$
12,657

 
$
3,009

 
$
4,269

 
$
2,815

 
$
2,564

Operating (loss) income1
(552
)
 
(2,041
)
 
739

 
420

 
330

(Loss) income from continuing operations
(350
)
 
(1,434
)
 
544

 
298

 
242

Income from discontinued operations, net
34

 
34

 
—

 
—

 
—

Net (loss) income attributable to common shareholders
(423
)
 
(1,430
)
 
513

 
276

 
218

Basic (loss) earnings per share:
 
 
 
 
 
 
 
 
 
  Continuing operations
$
(1.40
)
 
$
(4.49
)
 
$
1.57

 
$
0.85

 
$
0.67

  Discontinued operations
0.10

 
0.10

 
—

 
—

 
—

Total
$
(1.30
)
 
$
(4.39
)
 
$
1.57

 
$
0.85

 
$
0.67

Diluted (loss) earnings per share:
 
 
 
 
 
 
 
 
 
  Continuing operations
$
(1.40
)
 
$
(4.49
)
 
$
1.57

 
$
0.84

 
$
0.67

  Discontinued operations
0.10

 
0.10

 
—

 
—

 
—

Total
$
(1.30
)
 
$
(4.39
)
 
$
1.57

 
$
0.84

 
$
0.67

Dividends declared per share
2.4275

 
0.6125

 
0.6050

 
0.6050

 
0.6050


1  
In the fourth quarter of 2018, SCE recorded a charge of $2.5 billion for wildfire-related claims, net of expected recoveries from insurance and FERC customers.
 
2017
(in millions, except per-share amounts)
Total
 
Fourth
 
Third
 
Second
 
First
Operating revenue
$
12,320

 
$
3,220

 
$
3,672

 
$
2,965

 
$
2,463

Operating income (loss)1
1,456

 
(38
)
 
553

 
470

 
471

Income (loss) from continuing operations2,3
668

 
(534
)
 
501

 
309

 
392

Income (loss) from discontinued operations, net
—

 
—

 
—

 
—

 
—

Net income (loss) attributable to common shareholders
565

 
(545
)
 
470

 
278

 
362

Basic earnings (loss) per share:
 
 
 
 
 
 
 
 
 
  Continuing operations
$
1.73

 
$
(1.67
)
 
$
1.44

 
$
0.85

 
$
1.11

  Discontinued operations
—

 
—

 
—

 
—

 
—

Total
$
1.73

 
$
(1.67
)
 
$
1.44

 
$
0.85

 
$
1.11

Diluted earnings (loss) per share:
 
 
 
 
 
 
 
 
 
  Continuing operations
$
1.72

 
$
(1.66
)
 
$
1.43

 
$
0.85

 
$
1.10

  Discontinued operations
—

 
—

 
—

 
—

 
—

Total
$
1.72

 
$
(1.66
)
 
$
1.43

 
$
0.85

 
$
1.10

Dividends declared per share
2.2325

 
0.6050

 
0.5425

 
0.5425

 
0.5425


1  
Expenses were updated to reflect the implementation of the accounting standard update for net periodic benefit costs related to the defined benefit pension and other postretirement plans. See Note 1 for further information.
2  
In the fourth quarter of 2017, Edison International Parent and Other recorded a charge of $433 million related to the re-measurement of deferred taxes as a result of Tax Reform.
3  
In the fourth quarter of 2017, SCE recorded an impairment charge of $716 million ($448 million after-tax) related to the Revised San Onofre Settlement Agreement.
SCE's quarterly financial data is as follows:
 
2018
(in millions)
Total
 
Fourth
 
Third
 
Second
 
First
Operating revenue
$
12,611

 
$
2,994

 
$
4,260

 
$
2,803

 
$
2,554

Operating (loss) income1
(406
)
 
(2,013
)
 
754

 
439

 
414

Net (loss) income
(189
)
 
(1,399
)
 
567

 
327

 
316

Net (loss) income available for common stock
(310
)
 
(1,429
)
 
536

 
297

 
286

Common dividends declared
576

 
—

 
264

 
100

 
212

1  
In the fourth quarter of 2018, SCE recorded a charge of $2.5 billion for wildfire-related claims, net of expected recoveries from insurance and FERC customers.
 
2017
(in millions)
Total
 
Fourth
 
Third
 
Second
 
First
Operating revenue
$
12,254

 
$
3,193

 
$
3,652

 
$
2,953

 
$
2,456

Operating income (loss)1
1,547

 
(28
)
 
569

 
508

 
498

Net income (loss)2
1,136

 
(79
)
 
497

 
338

 
380

Net income (loss) available for common stock
1,012

 
(109
)
 
465

 
307

 
349

Common dividends declared
785

 
212

 
191

 
191

 
191


1  
Expenses were updated to reflect the implementation of the accounting standard update for net periodic benefit costs related to the defined benefit pension and other postretirement plans. See Note 1 for further information.
2  
In the fourth quarter of 2017, SCE recorded an impairment charge of $716 million ($448 million after-tax) related to the Revised San Onofre Settlement Agreement.