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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total operating revenue $ 4,008 $ 3,315 $ 7,976 $ 6,275
Purchased power and fuel 1,304 1,283 2,341 2,296
Operation and maintenance 1,361 754 2,848 1,595
Wildfire-related claims, net of insurance recoveries 2   427 3
Wildfire Insurance Fund expense 53 54 106 107
Depreciation and amortization 601 533 1,184 1,058
Property and other taxes 120 117 246 243
Impairment, net of other operating income 63 (11) 61 (11)
Total operating expenses 3,504 2,730 7,213 5,291
Operating income 504 585 763 984
Interest expense (271) (232) (517) (449)
Other income 66 76 134 148
Income before income taxes 299 429 380 683
Income tax expense (benefit) 7 68 (48) 32
Net income 292 361 428 651
Preference stock dividend requirements 26 17 52 21
Net income available to common shareholders $ 241 $ 318 $ 325 $ 577
Basic earnings per share:        
Weighted average shares of common stock outstanding 381 380 381 379
Basic earnings per common share attributable to Edison International common shareholders $ 0.63 $ 0.84 $ 0.85 $ 1.52
Diluted earnings per share:        
Weighted average shares of common stock outstanding, including effect of dilutive securities 383 380 382 380
Diluted earnings per common share attributable to Edison International common shareholders $ 0.63 $ 0.84 $ 0.85 $ 1.52
SCE        
Total operating revenue $ 3,996 $ 3,306 $ 7,957 $ 6,259
Purchased power and fuel 1,304 1,283 2,341 2,296
Operation and maintenance 1,339 735 2,805 1,559
Wildfire-related claims, net of insurance recoveries 2   427 3
Wildfire Insurance Fund expense 53 54 106 107
Depreciation and amortization 600 533 1,183 1,057
Property and other taxes 119 117 243 242
Impairment, net of other operating income 64 (11) 62 (11)
Total operating expenses 3,481 2,711 7,167 5,253
Operating income 515 595 790 1,006
Interest expense (234) (198) (447) (382)
Other income 68 64 139 136
Income before income taxes 349 461 482 760
Income tax expense (benefit) 22 76 (18) 52
Net income 327 385 500 708
Preference stock dividend requirements 25 26 51 53
Net income available to common shareholders $ 302 $ 359 $ 449 $ 655