Debt and Credit Agreements (Tables)

6 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Summary for Status of Credit Facilities

(in millions, except for rates)
Execution	Termination	SOFR				Outstanding		Outstanding		Amount
date	date	plus (bps)	Use of proceeds	Commitment		borrowings		letters of credit		available
Edison International Parent
June 2019	May 2025	128	Support commercial paper borrowings and general corporate purposes1, 2	$	1,500	$	25	$	—	$	1,475
Total Edison International Parent:				$	1,500	$	25	$	—	$	1,475
SCE
June 2019	May 2025	108	Support commercial paper borrowings and general corporate purposes2, 3	$	3,350	$	175	$	120	$	3,055
Total SCE:				$	3,350	$	175	$	120	$	3,055
Total Edison International:				$	4,850	$	200	$	120	$	4,530

1 At June 30, 2021 Edison International Parent had $25 million outstanding commercial paper, net of discount, at a weighted-average interest rate of 0.32%.

2 In April 2021, SCE and Edison International Parent amended their respective revolving credit facilities to extend each of the termination dates to May 2025 and implement the transition from LIBOR to SOFR. Additionally, SCE and the lenders agreed to increase the commitment amount by $350 million, bringing the total to $3.4 billion. 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.

3 At June 30, 2021 SCE had $175 million outstanding commercial paper, net of discount, at a weighted-average interest rate of 0.23%.