XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating revenue $ 5,201 $ 4,702 $ 13,615 $ 12,632
Purchased power and fuel 1,898 1,988 4,140 4,453
Operation and maintenance 1,393 882 3,995 3,207
Wildfire-related claims, net of insurance recoveries 1 482 616 578
Wildfire Insurance Fund expense 36 54 109 159
Depreciation and amortization 710 665 2,138 1,971
Property and other taxes 168 139 477 428
Total operating expenses 4,206 4,210 11,475 10,796
Operating income 995 492 2,140 1,836
Interest expense (477) (433) (1,401) (1,186)
Other income, net 127 130 413 377
Income before income taxes 645 189 1,152 1,027
Income tax expense (benefit) 68 (23) 14 41
Net income 577 212 1,138 986
Less: Net income attributable to noncontrolling interests - preference stock of SCE 39 30 129 88
Preferred stock dividend requirements of Edison International 22 27 65 79
Net (loss) income available to common stock $ 516 $ 155 $ 944 $ 819
Basic earnings per share:        
Weighted average shares of common stock outstanding 387 383 386 383
Basic earnings per common share available to Edison International common shareholders $ 1.33 $ 0.40 $ 2.45 $ 2.14
Diluted earnings per share:        
Weighted average shares of common stock outstanding, including effect of dilutive securities 390 385 388 385
Diluted earnings per common share available to Edison International common shareholders $ 1.32 $ 0.40 $ 2.44 $ 2.13
SCE        
Operating revenue $ 5,188 $ 4,687 $ 13,576 $ 12,586
Purchased power and fuel 1,898 1,988 4,140 4,453
Operation and maintenance 1,364 854 3,913 3,170
Wildfire-related claims, net of insurance recoveries   479 614 575
Wildfire Insurance Fund expense 36 54 109 159
Depreciation and amortization 710 665 2,136 1,969
Property and other taxes 167 138 474 425
Total operating expenses 4,175 4,178 11,386 10,751
Operating income 1,013 509 2,190 1,835
Interest expense (403) (369) (1,185) (997)
Other income, net 126 128 408 375
Income before income taxes 736 268 1,413 1,213
Income tax expense (benefit) 95 (1) 94 96
Net income 641 269 1,319 1,117
Preferred stock dividend requirements of Edison International 39 30 129 88
Net (loss) income available to common stock $ 602 $ 239 $ 1,190 $ 1,029