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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2011
Quarterly Financial Data (Unaudited) [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
(in millions)
 
Total
 
Fourth
 
Third
 
Second
 
First
 
 
2011
Operating revenue
 
$
10,577

 
$
2,514

 
$
3,386

 
$
2,446

 
$
2,232

Operating income
 
2,123

 
474

 
764

 
443

 
443

Net income
 
1,144

 
262

 
421

 
226

 
236

Net income available for common stock
 
1,085

 
247

 
406

 
211

 
222

Common dividends declared
 
461

 
116

 
115

 
115

 
115

(in millions)
 
Total
 
Fourth
 
Third
 
Second
 
First
 
 
2010
Operating revenue
 
$
9,983

 
$
2,479

 
$
3,098

 
$
2,247

 
$
2,159

Operating income
 
1,864

 
383

 
696

 
404

 
380

Net income
 
1,092

 
194

 
407

 
314

 
177

Net income available for common stock
 
1,040

 
181

 
394

 
301

 
164

Common dividends declared
 
200

 
100

 
100

 

 

Due to the seasonal nature of SCE's business, a significant amount of revenue and earnings are recorded in the third quarter of each year. As a result of rounding, the total of the four quarters does not always equal the amount for the year.