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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 1,546 $ 1,407 $ 824
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization 2,939 2,721 2,633
Allowance for equity during construction (187) (157) (137)
Impairment, net of other operating income 0 1 49
Deferred income taxes 9 108 (177)
Wildfire Insurance Fund amortization expense 146 213 214
Other 81 57 80
Nuclear decommissioning trusts (174) (180) (123)
Contributions to Wildfire Insurance Fund (95) (95) (95)
Changes in operating assets and liabilities:      
Receivables (278) (349) (252)
Inventory (14) (63) (58)
Accounts payable 53 (408) 367
Tax receivables and payables (43) 9 18
Other current assets and liabilities (42) 185 207
Derivative assets and liabilities, net 28 (174) 115
Regulatory assets and liabilities, net 1,219 576 (51)
Wildfire-related insurance receivable 83 (36) (390)
Wildfire-related claims (397) (410) (56)
Other noncurrent assets and liabilities 140 (4) 48
Net cash provided by operating activities 5,014 3,401 3,216
Cash flows from financing activities:      
Long-term debt issued, net of discount and issuance costs of $36, $37 and $51 for the respective years 5,256 5,121 5,971
Long-term debt repaid (2,701) (2,498) (1,085)
Short-term debt issued 0 1,076 1,000
Short-term debt repaid (401) (2,407) (1,543)
Common stock repurchased (200) 0 0
Preferred and preference stock issued, net of issuance cost 345 542 0
Preferred and preference stock repurchased and redeemed (656) (289) 0
Commercial paper borrowing (repayments), net 308 1,102 (317)
Dividends and distribution to noncontrolling interests (168) (117) (110)
Common stock dividends paid (1,198) (1,112) (1,050)
Preferred stock dividends paid (88) (108) (99)
Other 177 137 114
Net cash provided by financing activities 674 1,447 2,881
Cash flows from investing activities:      
Capital expenditures (5,707) (5,448) (5,778)
Proceeds from sale of nuclear decommissioning trust investments 5,019 4,597 4,177
Purchases of nuclear decommissioning trust investments (4,898) (4,417) (4,054)
Other 50 35 81
Net cash used in investing activities (5,536) (5,233) (5,574)
Net increase (decrease) in cash, cash equivalents and restricted cash 152 (385) 523
Cash, cash equivalents and restricted cash at beginning of year 532 917 394
Cash, cash equivalents and restricted cash at end of year 684 532 917
SCE      
Cash flows from operating activities:      
Net income 1,794 1,597 954
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization 2,929 2,710 2,626
Allowance for equity during construction (187) (157) (137)
Impairment, net of other operating income 0 1 50
Deferred income taxes 69 179 (111)
Wildfire Insurance Fund amortization expense 146 213 214
Other 56 33 59
Nuclear decommissioning trusts (174) (180) (123)
Contributions to Wildfire Insurance Fund (95) (95) (95)
Changes in operating assets and liabilities:      
Receivables (298) (336) (245)
Inventory (14) (63) (58)
Accounts payable 148 (413) 366
Tax receivables and payables (44) 4 (1)
Other current assets and liabilities (41) 220 150
Derivative assets and liabilities, net 28 (174) 115
Regulatory assets and liabilities, net 1,219 576 (51)
Wildfire-related insurance receivable 78 (39) (398)
Wildfire-related claims (397) (410) (56)
Other noncurrent assets and liabilities 166 15 60
Net cash provided by operating activities 5,383 3,681 3,319
Cash flows from financing activities:      
Long-term debt issued, net of discount and issuance costs of $36, $37 and $51 for the respective years 4,214 3,588 5,032
Long-term debt repaid (2,201) (2,098) (385)
Short-term debt issued 0 706 0
Short-term debt repaid (386) (1,051) (1,543)
Capital contributions from Edison International Parent 500 0 1,400
Preferred and preference stock issued, net of issuance cost 345 542 0
Preferred and preference stock repurchased and redeemed (628) 0 0
Commercial paper borrowing (repayments), net 94 963 (406)
Common stock dividends paid (1,440) (1,400) (1,300)
Preferred stock dividends paid (168) (117) (110)
Other (16) 49 36
Net cash provided by financing activities 314 1,182 2,724
Cash flows from investing activities:      
Capital expenditures (5,703) (5,446) (5,776)
Proceeds from sale of nuclear decommissioning trust investments 5,019 4,597 4,177
Purchases of nuclear decommissioning trust investments (4,898) (4,417) (4,054)
Other 52 35 96
Net cash used in investing activities (5,530) (5,231) (5,557)
Net increase (decrease) in cash, cash equivalents and restricted cash 167 (368) 486
Cash, cash equivalents and restricted cash at beginning of year 398 766 280
Cash, cash equivalents and restricted cash at end of year $ 565 $ 398 $ 766