Revenue (Tables)

6 Months Ended

Jun. 30, 2022

Revenue

Summary of Revenue

	Three months ended June 30, 2022						Three months ended June 30, 2021
			Cost-						Cost-
	Earning		Recovery		Total		Earning		Recovery		Total
(in millions)	Activities		Activities		Consolidated		Activities		Activities		Consolidated
Revenue from contracts with customers1,2	$	1,978	$	2,022	$	4,000	$	1,703	$	1,423	$	3,126
Alternative revenue programs and other operating revenue3		186		(190)		(4)		127		53		180
Total operating revenue	$	2,164	$	1,832	$	3,996	$	1,830	$	1,476	$	3,306

	Six months ended June 30, 2022						Six months ended June 30, 2021
			Cost-						Cost-
	Earning		Recovery		Total		Earning		Recovery		Total
(in millions)	Activities		Activities		Consolidated		Activities		Activities		Consolidated
Revenues from contracts with customers1,2	$	3,963	$	3,397	$	7,360	$	3,407	$	2,618	$	6,025
Alternative revenue programs and other operating revenue3		468		129		597		190		44		234
Total operating revenue	$	4,431	$	3,526	$	7,957	$	3,597	$	2,662	$	6,259

1 In the absence of a decision on SCE's August 2021 cost of capital application, SCE is continuing to recognize revenue based on its pre-2022 cost of capital, subject to refund. In the absence of a 2021 GRC decision, SCE recognized CPUC revenue in the first and second quarter of 2021 based on the 2020 authorized revenue requirement until SCE received the final 2021 GRC decision in the third quarter of 2021.

2 At June 30, 2022 and December 31, 2021, SCE's receivables related to contracts from customers were $2.6 billion and $2.3 billion, respectively, which include accrued unbilled revenue of $1.1 billion and $794 million, respectively.

3 Includes differences between amounts billed and authorized levels for both the CPUC and FERC.