Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Cash, Cash Equivalents and Restricted Cash

The following table sets forth the cash, cash equivalents and restricted cash included in the condensed consolidated statements of cash flows:


	Edison International				SCE
(in millions)	March 31, 2025		December 31, 2024		March 31, 2025		December 31, 2024
Cash and cash equivalents1	$	1,318	$	193	$	1,094	$	78
Short-term restricted cash2	60		40		58		36
Long-term restricted cash3	530		451		530		451
Total cash, cash equivalents and restricted cash	$	1,908	$	684	$	1,682	$	565

1Cash equivalents consist of investments in money market funds. Generally, the carrying value of cash equivalents equals the fair value, as these investments have original maturities of three months or less.

2Includes SCE Recovery Funding LLC's restricted cash for payments of senior secured recovery bonds and is reflected in "Other current assets" on Edison International's and SCE's condensed consolidated balance sheets.

3The SCE amount represents cash collected for customer-funded wildfire self-insurance and is reflected in "Other long-term assets" on Edison International's and SCE's condensed consolidated balance sheets. See Note 12 for further information.

Schedule of Changes in Allowance for Uncollectible Accounts

The following table sets forth the changes in allowance for uncollectible accounts for SCE:


	Three months ended March 31, 2025						Three months ended March 31, 2024
(in millions)	Customers		All others		Total2		Customers		All others		Total
Beginning balance	$	372	$	18	$	390	$	347	$	17	$	364
Current period provision for uncollectible accounts1	78		3		81		60		1		61
Write-offs, net of recoveries	(128)		(3)		(131)		(60)		(2)		(62)
Ending balance	$	322	$	18	$	340	$	347	$	16	$	363

1This includes $66 million and $50 million of incremental costs, for the three months ended March 31, 2025 and 2024, respectively, which were probable of recovery from customers and recorded as regulatory assets.

2Approximately $44 million and $43 million of allowance for uncollectible accounts are included in "Other long-term assets" on SCE's condensed consolidated balance sheets as of March 31, 2025 and December 31, 2024, respectively.

Schedule of EPS Attributable to Edison International Common Shareholders

EPS available to Edison International common shareholders was computed as follows:


	Three months ended March 31,
(in millions, except per-share amounts)	2025		2024
Basic earnings per share:
Net income (loss) attributable to common shareholders	$	1,436	$	(11)
Participating securities dividends	(1)		—
Net income (loss) available to common shareholders	$	1,435	$	(11)
Weighted average common shares outstanding	385		385
Basic earnings (loss) per share	$	3.73	$	(0.03)
Diluted earnings per share:
Net income (loss) available to common shareholders	$	1,435	$	(11)
Income impact of assumed conversions	1		—
Net income (loss) available to common shareholders and assumed conversions	$	1,436	$	(11)
Weighted average common shares outstanding	385		385
Incremental shares from assumed conversions1	1		—
Adjusted weighted average shares – diluted	386		385
Diluted earnings (loss) per share	$	3.72	$	(0.03)

1Due to the loss reported for the quarter ended March 31, 2024, incremental shares were not included as the effect would be antidilutive.