Consolidated Statements of Changes in Equity

6 Months Ended

Jun. 30, 2024

Consolidated Statements of Changes in Equity

Consolidated Statements of Changes in Equity

Note 2.Consolidated Statements of Changes in Equity

The following table provides Edison International's changes in equity for the three and six months ended June 30, 2024:

											Noncontrolling
	Equity Attributable to Edison International Shareholders										Interests
					Accumulated
					Other
	Preferred		Common		Comprehensive		Retained				Preference		Total
(in millions, except per share amounts)	Stock		Stock		Loss		Earnings		Subtotal		Stock		Equity
Balance at December 31, 2023	$	1,673	$	6,338	$	(9)	$	7,499	$	15,501	$	2,443	$	17,944
Net income		—		—		—		11		11		41		52
Common stock issued		—		11		—		—		11		—		11
Common stock dividends declared ($0.78 per share)		—		—		—		(300)		(300)		—		(300)
Preferred stock dividend declared ($26.875 per share for Series A and $25.00 per share for Series B)		—		—		—		(44)		(44)		—		(44)
Dividends to noncontrolling interests ($24.418 - $58.854 per share for preference stock)		—		—		—		—		—		(41)		(41)
Noncash stock-based compensation		—		12		—		—		12		—		12
Preferred stock repurchased		(19)		—		—		—		(19)		—		(19)
Balance at March 31, 2024	$	1,654	$	6,361	$	(9)	$	7,166	$	15,172	$	2,443	$	17,615
Net income		—		—		—		460		460		49		509
Other comprehensive income		—		—		1		—		1		—		1
Common stock issued		—		86		—		—		86		—		86
Common stock dividends declared ($0.78 per share)		—		—		—		(301)		(301)		—		(301)
Dividends to noncontrolling interests ($17.927 - $54.8223 per share for preference stock)		—		—		—		—		—		(43)		(43)
Noncash stock-based compensation		—		14		—		1		15		—		15
Preferred stock repurchased		(9)		—		—		—		(9)		—		(9)
Preference stock issued, net of issuance cost		—		—		—		—		—		345		345
Preference stock redeemed		—		—		—		—		—		(350)		(350)
Balance at June 30, 2024	$	1,645	$	6,461	$	(8)	$	7,326	$	15,424	$	2,444	$	17,868

The following table provides Edison International's changes in equity for the three and six months ended June 30, 2023:

											Noncontrolling
	Equity Attributable to Edison International Shareholders										Interests
					Accumulated
					Other
	Preferred		Common		Comprehensive		Retained				Preference		Total
(in millions, except per share amounts)	Stock		Stock		Loss		Earnings		Subtotal		Stock		Equity
Balance at December 31, 2022	$	1,978	$	6,200	$	(11)	$	7,454	$	15,621	$	1,901	$	17,522
Net income		—		—		—		336		336		29		365
Other comprehensive income		—		—		2		—		2		—		2
Common stock issued		—		15		—		—		15		—		15
Common stock dividends declared ($0.7375 per share)		—		—		—		(282)		(282)		—		(282)
Preferred stock dividend declared ($26.875 per share for Series A and $25.00 per share for Series B)		—		—		—		(52)		(52)		—		(52)
Dividends to noncontrolling interests ($22.281 - $35.937 per share for preference stock)		—		—		—		—		—		(29)		(29)
Noncash stock-based compensation		—		8		—		—		8		—		8
Balance at March 31, 2023	$	1,978	$	6,223	$	(9)	$	7,456	$	15,648	$	1,901	$	17,549
Net income		—		—		—		380		380		29		409
Other comprehensive income		—		—		1		—		1		—		1
Common stock issued		—		35		—		—		35		—		35
Common stock dividends declared ($0.7375 per share)		—		—		—		(283)		(283)		—		(283)
Dividends to noncontrolling interests ($24.273 - $35.937 per share for preference stock)		—		—		—		—		—		(29)		(29)
Noncash stock-based compensation		—		12		—		—		12		—		12
Balance at June 30, 2023	$	1,978	$	6,270	$	(8)	$	7,553	$	15,793	$	1,901	$	17,694

The following table provides SCE's changes in equity for the three and six months ended June 30, 2024:

							Accumulated
					Additional		Other
	Preference		Common		Paid-in		Comprehensive		Retained		Total
(in millions, except per share amounts)	Stock		Stock		Capital		Loss		Earnings		Equity
Balance at December 31, 2023	$	2,495	$	2,168	$	8,446	$	(12)	$	8,307	$	21,404
Net income		—		—		—		—		106		106
Other comprehensive income		—		—		—		1		—		1
Dividends declared on common stock ($0.8278 per share)		—		—		—		—		(360)		(360)
Dividends declared on preference stock ($24.418 - $58.854 per share)		—		—		—		—		(41)		(41)
Stock-based compensation		—		—		(20)		—		—		(20)
Noncash stock-based compensation		—		—		7		—		—		7
Balance at March 31, 2024	$	2,495	$	2,168	$	8,433	$	(11)	$	8,012	$	21,097
Net income		—		—		—		—		572		572
Dividends declared on common stock (0.8278 per share)		—		—		—		—		(360)		(360)
Dividends declared on preference stock ($17.927 - $54.8223 per share)		—		—		—		—		(43)		(43)
Stock-based compensation		—		—		(6)		—		—		(6)
Noncash stock-based compensation		—		—		7		—		—		7
Preference stock issued		350		—		(5)		—		—		345
Preference stock redeemed		(350)		—		6		—		(6)		(350)
Balance at June 30, 2024	$	2,495	$	2,168	$	8,435	$	(11)	$	8,175	$	21,262

The following table provides SCE's changes in equity for the three and six months ended June 30, 2023:

							Accumulated
					Additional		Other
	Preference		Common		Paid-in		Comprehensive		Retained		Total
(in millions, except per share amounts)	Stock		Stock		Capital		Loss		Earnings		Equity
Balance at December 31, 2022	$	1,945	$	2,168	$	8,441	$	(8)	$	8,243	$	20,789
Net income		—		—		—		—		399		399
Dividends declared on common stock ($0.8048 per share)		—		—		—		—		(350)		(350)
Dividends declared on preference stock ($22.281 - $35.937 per share)		—		—		—		—		(29)		(29)
Stock-based compensation		—		—		(8)		—		—		(8)
Noncash stock-based compensation		—		—		5		—		1		6
Balance at March 31, 2023	$	1,945	$	2,168	$	8,438	$	(8)	$	8,264	$	20,807
Net income		—		—		—		—		449		449
Dividends declared on common stock ($0.8048 per share)		—		—		—		—		(350)		(350)
Dividends declared on preference stock ($24.273 - $35.937 per share)		—		—		—		—		(29)		(29)
Stock-based compensation		—		—		(3)		—		—		(3)
Noncash stock-based compensation		—		—		7		—		—		7
Balance at June 30, 2023	$	1,945	$	2,168	$	8,442	$	(8)	$	8,334	$	20,881