XML 18 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Total operating revenue $ 17,220 $ 14,905 $ 13,578
Purchased power and fuel 6,375 5,540 4,932
Operation and maintenance 4,724 3,645 3,609
Wildfire-related claims, net of insurance recoveries 1,313 1,276 1,328
Wildfire Insurance Fund expense 214 215 336
Depreciation and amortization 2,561 2,218 1,967
Property and other taxes 501 465 438
Impairment, net of other (income) 54 71 (116)
Gain on sale of lease interest and other operating income (5) (2) (133)
Total operating expenses 15,737 13,428 12,361
Operating income 1,483 1,477 1,217
Interest expense (1,169) (925) (902)
Other income 348 237 251
Income before income taxes 662 789 566
Income tax benefit (162) (136) (305)
Net income 824 925 871
Less: Preferred and preference stock dividend requirements 105 60  
Net income attributable to Edison International common shareholders $ 612 $ 759 $ 739
Basic earnings per share:      
Weighted average shares of common stock outstanding 381 380 373
Basic earnings per common share attributable to Edison International common shareholders $ 1.61 $ 2.00 $ 1.98
Diluted earnings per share:      
Weighted average shares of common stock outstanding, including effect of dilutive securities 383 380 374
Diluted earnings per common share attributable to Edison International common shareholders $ 1.60 $ 2.00 $ 1.98
SCE      
Total operating revenue $ 17,172 $ 14,874 $ 13,546
Purchased power and fuel 6,375 5,540 4,932
Operation and maintenance 4,659 3,588 3,523
Wildfire-related claims, net of insurance recoveries 1,305 1,276 1,328
Wildfire Insurance Fund expense 214 215 336
Depreciation and amortization 2,559 2,216 1,965
Property and other taxes 497 462 435
Impairment, net of other (income) 50 67 (151)
Total operating expenses 15,659 13,364 12,368
Operating income 1,513 1,510 1,178
Interest expense (1,005) (791) (768)
Other income 337 233 255
Income before income taxes 845 952 665
Income tax benefit (109) 17 (277)
Net income 954 935 942
Less: Preferred and preference stock dividend requirements 107 106 132
Net income attributable to Edison International common shareholders $ 847 $ 829 $ 810