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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Summary of undiscounted expected payments for PPA

(in millions)

    

Total

2022

$

3,131

2023

 

3,026

2024

 

2,460

2025

 

2,347

2026

 

2,358

Thereafter

 

20,179

Total future commitments1

$

33,501

1Certain power purchase agreements are treated as operating or finance leases. For further discussion, see Note 13.
Summary of Certain Future Other Commitments

The following summarizes the estimated minimum future commitments for SCE's other commitments:

(in millions)

    

2022

    

2023

    

2024

    

2025

    

2026

    

Thereafter

    

Total

Other contractual obligations

$

47

$

47

$

48

$

47

$

37

$

222

$

448

Schedule of Contingency Accruals and Changes

(in millions)

    

Balance at December 31, 20201

$

4,383

Increase in accrued estimated losses

 

1,265

Amounts paid

 

(3,914)

Balance at December 31, 20212

$

1,734

1At December 31, 2020, $2,231 million in current liabilities, wildfire-related claims, on Edison International's and SCE's consolidated balance sheets includes an estimate for claims brought by insurance subrogation plaintiffs in the Woolsey Fire litigation, which were settled on January 22, 2021 for $2,212 million, and $19 million of other settlements executed in connection with the 2017/2018 Wildfire/Mudslide Events. At December 31, 2020, the $2,281 million included in deferred credits and other liabilities, wildfire-related claims, on Edison International's and SCE's consolidated balance sheets includes Edison International's and SCE's best estimate of expected losses for remaining alleged and potential claims related to the 2017/2018 Wildfire/Mudslide Events after giving effect to the Woolsey Subrogation Settlement of $2,152 million and other wildfire-related claims estimates of $129 million.
2At December 31, 2021, $131 million in current liabilities, wildfire-related claims, on Edison International's and SCE's consolidated balance sheets consists of settlements executed in connection with the 2017/2018 Wildfire/Mudslide Events. At December 31, 2021, the $1,733 million included in deferred credits and other liabilities, wildfire-related claims, on Edison International's and SCE's consolidated balance sheets includes Edison International's and SCE's best estimate of expected losses for the 2017/2018 Wildfire/Mudslide Events of $1,603 million and other wildfire-related claims estimates of $130 million.

For the years-ended December 31, 2021 and 2020, the income statements include charges for the estimated losses, net of expected recoveries from insurance and FERC customers, related to the 2017/2018 Wildfire/Mudslide Events as follows:

Year ended December 31, 

(in millions)

    

2021

    

2020

Charge for wildfire-related claims

$

1,265

$

1,297

Expected revenue from FERC customers

 

(67)

 

(84)

Total pre-tax charge

 

1,198

 

1,213

Income tax benefit

 

(304)

 

(339)

Total after-tax charge

$

894

$

874

For events that occurred in 2017 and early 2018, principally the Thomas and Koenigstein Fires and Montecito Mudslides, SCE had $1.0 billion of wildfire-specific insurance coverage, subject to a self-insured retention of $10 million per occurrence. For the Woolsey Fire, SCE had an additional $1.0 billion of wildfire-specific insurance coverage, subject to a self-insured retention of $10 million per occurrence. Edison International and SCE record a receivable for insurance recoveries when recovery of a recorded loss is determined to be probable. The following table presents changes in expected insurance recoveries associated with the estimated losses for the 2017/2018 Wildfire/Mudslide Events since December 31, 2020:

(in millions)

    

    

Balance at December 31, 2020

$

708

Insurance recoveries

 

(708)

Balance at December 31, 2021

$