XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 428 $ 651
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,216 1,090
Allowance for equity during construction (61) (60)
Impairment and other expense (income) 64 (11)
Deferred income taxes (48) 30
Wildfire Insurance Fund amortization expense 106 107
Other 40 11
Nuclear decommissioning trusts (65) (127)
Changes in operating assets and liabilities:    
Receivables (81) (293)
Inventory (19) (3)
Accounts payable 143 128
Tax receivables and payables 58 91
Other current assets and liabilities (229) (244)
Regulatory assets and liabilities, net 372 (574)
Wildfire-related insurance receivable (139) 708
Wildfire-related claims (609) (2,852)
Other noncurrent assets and liabilities 62 (26)
Net cash provided by (used in) operating activities 1,238 (1,374)
Cash flows from financing activities:    
Long-term debt issued, plus premium and net of discount and issuance costs 2,949 3,953
Long-term debt repaid (372) (991)
Short-term debt issued 600 2,106
Short-term debt repaid (993) (1,355)
Common stock issued 6 25
Preferred stock issued, net   1,235
Commercial paper repayments, net of borrowing (497) (656)
Dividends and distribution to noncontrolling interests (57) (53)
Common stock dividends paid (524) (494)
Preferred stock dividends paid (46)  
Other 53 12
Net cash provided by financing activities 1,119 3,782
Cash flows from investing activities:    
Capital expenditures (2,708) (2,593)
Proceeds from sale of nuclear decommissioning trust investments 2,106 2,542
Purchases of nuclear decommissioning trust investments (2,041) (2,415)
Other 15 54
Net cash used in investing activities (2,628) (2,412)
Net decrease in cash, cash equivalents and restricted cash (271) (4)
Cash, cash equivalents and restricted cash at beginning of period 394 89
Cash, cash equivalents and restricted cash at end of period 123 85
SCE    
Cash flows from operating activities:    
Net income 500 708
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,211 1,086
Allowance for equity during construction (61) (60)
Impairment and other expense (income) 64 (11)
Deferred income taxes (19) 51
Wildfire Insurance Fund amortization expense 106 107
Other 25 16
Nuclear decommissioning trusts (65) (127)
Changes in operating assets and liabilities:    
Receivables (78) (288)
Inventory (19) (3)
Accounts payable 145 127
Tax receivables and payables 40 91
Other current assets and liabilities (224) (236)
Regulatory assets and liabilities, net 372 (574)
Wildfire-related insurance receivable (139) 708
Wildfire-related claims (609) (2,852)
Other noncurrent assets and liabilities 68 (26)
Net cash provided by (used in) operating activities 1,317 (1,283)
Cash flows from financing activities:    
Long-term debt issued, plus premium and net of discount and issuance costs 2,949 3,952
Long-term debt repaid (372) (991)
Short-term debt issued   2,106
Short-term debt repaid (993) (1,355)
Capital contributions from Edison International Parent 700 1,225
Commercial paper repayments, net of borrowing (499) (551)
Dividends paid (707) (703)
Other 18 6
Net cash provided by financing activities 1,096 3,689
Cash flows from investing activities:    
Capital expenditures (2,708) (2,591)
Proceeds from sale of nuclear decommissioning trust investments 2,106 2,542
Purchases of nuclear decommissioning trust investments (2,041) (2,415)
Other 17 53
Net cash used in investing activities (2,626) (2,411)
Net decrease in cash, cash equivalents and restricted cash (213) (5)
Cash, cash equivalents and restricted cash at beginning of period 280 56
Cash, cash equivalents and restricted cash at end of period $ 67 $ 51