Debt and Credit Agreements (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Summary for Status of Credit Facilities

(in millions, except for rates)
Execution	Termination	LIBOR				Outstanding		Outstanding		Amount
date	date	plus (bps)	Use of proceeds	Commitment		borrowings		letters of credit		available
Edison International Parent
June 2019	May 2024	128	Support commercial paper borrowings and general corporate purposes1, 4	$	1,500	$	—	$	—	$	1,500
Total Edison International Parent:				$	1,500	$	—	$	—	$	1,500
SCE
March 2020	May 2021	65	Finance a portion of the AB 1054 Capital Expenditures2	$	800	$	800	$	—	$	—
May 2020	May 2021	150	Undercollections related to COVID-19 and general corporate purposes		1,500		—		—		1,500
June 2019	May 2024	108	Support commercial paper borrowings and general corporate purposes3, 4		3,000		674		120		2,206
Total SCE:				$	5,300	$	1,474	$	120	$	3,706
Total Edison International:				$	6,800	$	1,474	$	120	$	5,206

1 At March 31, 2021 Edison International Parent had no outstanding commercial paper.

2 In February 2021, SCE and the lenders amended the March 2020 credit agreement and have extended the termination date from March 2021 to May 2021. This credit facility may also be extended for two 364-day periods, at the lenders' discretion. The aggregate maximum principal amount may be increased up to $1.1 billion provided that additional lender commitments are obtained.

3 At March 31, 2021 SCE had $674 million outstanding commercial paper, net of discount, at a weighted-average interest rate of 0.32%.

4 The aggregate maximum principal amount under the SCE and Edison International Parent revolving credit facilities may be increased up to $4.0 billion and $2.0 billion, respectively, provided that additional lender commitments are obtained.