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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Total operating revenue $ 2,812 $ 2,815 $ 5,636 $ 5,379
Purchased power and fuel 1,135 1,112 2,140 2,038
Operation and maintenance 595 719 1,477 1,394
Depreciation and amortization 321 463 801 925
Property and other taxes 93 97 203 204
Impairment and other 170 5 166 71
Other operating income (2) (1) (3) (3)
Total operating expenses 2,312 2,395 4,784 4,629
Operating income 500 420 852 750
Interest expense (211) (180) (405) (350)
Other income and expense 55 49 93 100
Income from continuing operations before income taxes 344 289 540 500
Income tax benefit (78) (9) (190) (40)
Income from continuing operations 422 298 730 540
Net income 422 298 730 540
Preferred and preference stock dividend requirements of SCE 30 30 60 60
Other noncontrolling interests 0 (8) 0 (14)
Net income attributable to Edison International common shareholders 392 276 670 494
Amounts attributable to Edison International common shareholders:        
Income from continuing operations, net of tax 392 276 670 494
Net income attributable to Edison International common shareholders $ 392 $ 276 $ 670 $ 494
Basic earnings per share:        
Weighted average common shares outstanding (in shares) 326 326 326 326
Continuing operations (in dollars per share) $ 1.20 $ 0.85 $ 2.05 $ 1.52
Basic earnings per common share attributable to Edison International common shareholders (in dollars per share) $ 1.20 $ 0.85 $ 2.05 $ 1.52
Diluted earnings per share:        
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) 327 327 327 327
Continuing operations (in dollars per share) $ 1.20 $ 0.84 $ 2.05 $ 1.51
Diluted earnings per common share attributable to Edison International common shareholders (in dollars per share) $ 1.20 $ 0.84 $ 2.05 $ 1.51
Southern California Edison Company        
Total operating revenue $ 2,800 $ 2,803 $ 5,616 $ 5,357
Purchased power and fuel 1,135 1,112 2,140 2,038
Operation and maintenance 571 694 1,440 1,345
Depreciation and amortization 320 462 800 921
Property and other taxes 93 97 202 202
Impairment and other 170 0 166 0
Other operating income (2) (1) (3) (2)
Total operating expenses 2,287 2,364 4,745 4,504
Operating income 513 439 871 853
Interest expense (188) (164) (366) (319)
Other income and expense 56 50 94 101
Income from continuing operations before income taxes 381 325 599 635
Income tax benefit (68) (2) (173) (8)
Net income 449 327 772 643
Preferred and preference stock dividend requirements of SCE 30 30 60 60
Net income attributable to Edison International common shareholders 419 297 712 583
Amounts attributable to Edison International common shareholders:        
Net income attributable to Edison International common shareholders $ 419 $ 297 $ 712 $ 583