XML 113 R89.htm IDEA: XBRL DOCUMENT v3.22.0.1
Compensation and Benefit Plans (Plan Assets and Obligation) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Amounts recognized in the consolidated balance sheets consist of:      
Long-term liabilities $ (496) $ (563)  
SCE      
Amounts recognized in the consolidated balance sheets consist of:      
Long-term liabilities (111) (144)  
Pension Plans      
Pension and Other Postretirement Benefits      
Expected contributions 27    
Change in projected benefit obligation      
Projected benefit obligation at beginning of year 4,476 4,139  
Service cost 130 121 $ 114
Interest cost 103 124 155
Actuarial (gain) loss (245) 323  
Benefits paid (293) (231)  
Projected benefit obligation at end of year 4,171 4,476 4,139
Change in plan assets      
Fair value of plan assets at beginning of year 4,171 3,755  
Actual return on plan assets 368 584  
Employer contributions 50 62  
Benefits paid (293) (230)  
Fair value of plan assets at end of year 4,296 4,171 $ 3,755
Funded status at end of year 125 (305)  
Amounts recognized in the consolidated balance sheets consist of:      
Long-term assets 384    
Current liabilities (26) (24)  
Long-term liabilities (233) (281)  
Amounts recognized in the consolidated balance sheets 125 (305)  
Amounts recognized in accumulated other comprehensive loss consist of:      
Prior service cost   (1)  
Net loss 74 96  
Total amounts recognized in accumulated other comprehensive loss 74 95  
Amounts recognized as a regulatory (liability)/asset (395) 12  
Total not yet recognized as income (321) 107  
Accumulated benefit obligation at end of year 3,947 4,238  
Pension plans with an accumulated benefit obligation in excess of plan assets:      
Projected benefit obligation 4,171 4,476  
Accumulated benefit obligation 3,947 4,238  
Fair value of plan assets $ 4,296 $ 4,171  
Weighted average assumptions used to determine obligations at end of year:      
Discount rate 2.75% 2.38% 3.11%
Rate of compensation increase 4.00% 4.00%  
Assumed health care cost trend rates:      
Long-term payable $ 132 $ 139  
Gain (loss) from change in discount rate 159 (339)  
Gain (loss) from demographic change   (76)  
Gain (loss) from valuation and experience 69 (48)  
Gains (losses) from other economic assumption changes   117  
Pension Plans | SCE      
Pension and Other Postretirement Benefits      
Expected contributions 2    
Change in projected benefit obligation      
Projected benefit obligation at beginning of year 3,984 3,662  
Service cost 127 119 $ 111
Service cost, excluding certain liabilities 126 117  
Interest cost 95 114 143
Interest cost, excluding certain liabilities 92 110  
Actuarial (gain) loss (246) 292  
Benefits paid (262) (197)  
Projected benefit obligation at end of year 3,694 3,984 3,662
Change in plan assets      
Fair value of plan assets at beginning of year 3,940 3,541  
Actual return on plan assets 348 551  
Employer contributions 35 45  
Benefits paid (262) (197)  
Fair value of plan assets at end of year 4,061 3,940 $ 3,541
Funded status at end of year 367 (44)  
Amounts recognized in the consolidated balance sheets consist of:      
Long-term assets 384    
Current liabilities (2) (2)  
Long-term liabilities (15) (42)  
Amounts recognized in the consolidated balance sheets 367 (44)  
Amounts recognized in accumulated other comprehensive loss consist of:      
Net loss 12 16  
Total amounts recognized in accumulated other comprehensive loss 12 16  
Amounts recognized as a regulatory (liability)/asset (395) 12  
Total not yet recognized as income (383) 28  
Accumulated benefit obligation at end of year 3,491 3,776  
Pension plans with an accumulated benefit obligation in excess of plan assets:      
Projected benefit obligation 3,694 3,984  
Accumulated benefit obligation 3,491 3,766  
Fair value of plan assets $ 4,061 $ 3,940  
Weighted average assumptions used to determine obligations at end of year:      
Discount rate 2.75% 2.38%  
Rate of compensation increase 4.00% 4.00%  
Assumed health care cost trend rates:      
Ultimate rate 4.50% 5.00% 5.75%
Net loss reclassified from other comprehensive loss $ 32 $ 41  
Gain (loss) from change in discount rate 149 (305)  
Gain (loss) from demographic change   (72)  
Gain (loss) from valuation and experience 83 (61)  
Gains (losses) from other economic assumption changes   124  
Postretirement Benefits Other Than Pensions      
Pension and Other Postretirement Benefits      
Expected contributions 8    
Change in projected benefit obligation      
Projected benefit obligation at beginning of year 2,073 2,083  
Service cost 40 38 $ 30
Interest cost 52 63 77
Actuarial (gain) loss (190) (46)  
Plan participants' contributions 29 29  
Benefits paid (100) (94)  
Projected benefit obligation at end of year 1,904 2,073 2,083
Change in plan assets      
Fair value of plan assets at beginning of year 2,717 2,465  
Actual return on plan assets 119 309  
Employer contributions 7 8  
Plan participants' contributions 29 29  
Benefits paid (100) (94)  
Fair value of plan assets at end of year 2,772 2,717 $ 2,465
Funded status at end of year 868 644  
Amounts recognized in the consolidated balance sheets consist of:      
Long-term assets 876 663  
Current liabilities (8) (10)  
Long-term liabilities   (9)  
Amounts recognized in the consolidated balance sheets 868 644  
Amounts recognized in accumulated other comprehensive loss consist of:      
Net loss 1 1  
Amounts recognized as a regulatory (liability)/asset (886) (671)  
Total not yet recognized as income $ (885) $ (670)  
Weighted average assumptions used to determine obligations at end of year:      
Discount rate 2.95% 2.67% 3.32%
Assumed health care cost trend rates:      
Rate assumed for following year 6.25% 6.50%  
Ultimate rate 5.00% 5.00% 5.00%
Gain (loss) from change in discount rate $ 83 $ (206)  
Gain (loss) from demographic change   32  
Gain (loss) from valuation and experience 113 169  
Gains from mortality change   50  
Postretirement Benefits Other Than Pensions | SCE      
Change in projected benefit obligation      
Projected benefit obligation at beginning of year 2,064 2,074  
Service cost 40 37 $ 30
Interest cost 52 63 77
Actuarial (gain) loss (190) (45)  
Plan participants' contributions 29 29  
Benefits paid (100) (94)  
Projected benefit obligation at end of year 1,895 2,064 2,074
Change in plan assets      
Fair value of plan assets at beginning of year 2,717 2,464  
Actual return on plan assets 119 309  
Employer contributions 7 8  
Plan participants' contributions 29 29  
Benefits paid (100) (93)  
Fair value of plan assets at end of year 2,772 2,717 $ 2,464
Funded status at end of year 877 653  
Amounts recognized in the consolidated balance sheets consist of:      
Long-term assets 885 663  
Current liabilities (8) (10)  
Amounts recognized in the consolidated balance sheets 877 653  
Amounts recognized in accumulated other comprehensive loss consist of:      
Amounts recognized as a regulatory (liability)/asset (886) (671)  
Total not yet recognized as income $ (886) $ (671)  
Weighted average assumptions used to determine obligations at end of year:      
Discount rate 2.95% 2.67%  
Assumed health care cost trend rates:      
Rate assumed for following year 6.25% 6.50%  
Ultimate rate 5.00% 5.00%