The following table provides Edison International's changes in equity for the three months ended March 31, 2013:



	Equity Attributable to Edison International											Noncontrolling Interests
(in millions)	Common Stock		Accumulated Other Comprehensive Loss			Retained Earnings			Subtotal			Preferred and Preference Stock			Total Equity
Balance at December 31, 2012	$	2,373	$	(87	)	$	7,146		$	9,432		$	1,759		$	11,191
Net income	—		—			271			271			27			298
Common stock dividends declared ($0.3375 per share)	—		—			(110		)	(110		)	—			(110		)
Dividends, distributions to noncontrolling interests	—		—			—			—			(27		)	(27		)
Stock-based compensation and other	1		—			(33		)	(32		)	—			(32		)
Noncash stock-based compensation and other	6		—			(4		)	2			—			2
Issuance of preference stock	—		—			—			—			387			387
Redemption of preference stock	—		—			(8		)	(8		)	(392		)	(400		)
Balance at March 31, 2013	$	2,380	$	(87	)	$	7,262		$	9,555		$	1,754		$	11,309

In February 2013, SCE redeemed all outstanding shares of Series B and C preference stock and charged the issuance costs to retained earnings.

The following table provides Edison International's changes in equity for the three months ended March 31, 2012:



	Equity Attributable to Edison International												Noncontrolling Interests
(in millions)	Common Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Subtotal			Other		Preferred and Preference Stock			Total Equity
Balance at December 31, 2011	$	2,360		$	(139	)	$	7,834		$	10,055		$	2	$	1,029		$	11,086
Net income	—			—			93			93			—		19			112
Other comprehensive income	—			21			—			21			—		—			21
Contributions from noncontrolling interests	—			—			—			—			238		—			238
Transfer of assets to Capistrano Wind Partners	(50		)	—			—			(50		)	—		—			(50		)
Common stock dividends declared ($0.325 per share)	—			—			(106		)	(106		)	—		—			(106		)
Dividends, distributions to noncontrolling interests and other	—			—			—			—			3		(19		)	(16		)
Stock-based compensation and other	8			—			(36		)	(28		)	—		—			(28		)
Noncash stock-based compensation and other	7			—			(2		)	5			—		—			5
Issuance of preference stock	—			—			—			—			—		345			345
Balance at March 31, 2012	$	2,325		$	(118	)	$	7,783		$	9,990		$	243	$	1,374		$	11,607

The following table provides SCE's changes in equity for the three months ended March 31, 2013:



	Equity Attributable to SCE
(in millions)	Common Stock		Additional Paid-in Capital			Accumulated Other Comprehensive Loss			Retained Earnings			Preferred and Preference Stock			Total Equity
Balance at December 31, 2012	$	2,168	$	581		$	(29	)	$	7,228		$	1,795		$	11,743
Net income	—		—			—			283			—			283
Other comprehensive loss	—		—			(3		)	—			—			(3		)
Dividends declared on common stock	—		—			—			(120		)	—			(120		)
Dividends declared on preferred and preference stock	—		—			—			(27		)	—			(27		)
Stock-based compensation and other	—		—			—			(29		)	—			(29		)
Noncash stock-based compensation and other	—		3			—			5			—			8
Issuance of preference stock	—		(13		)	—			—			400			387
Redemption of preference stock	—		8			—			(8		)	(400		)	(400		)
Balance at March 31, 2013	$	2,168	$	579		$	(32	)	$	7,332		$	1,795		$	11,842

In February 2013, SCE redeemed all outstanding shares of Series B and C preference stock and charged the issuance costs to retained earnings.

The following table provides SCE's changes in equity for the three months ended March 31, 2012:



	Equity Attributable to SCE
(in millions)	Common Stock		Additional Paid-in Capital			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Preferred and Preference Stock		Total Equity
Balance at December 31, 2011	$	2,168	$	596		$	(24	)	$	6,173		$	1,045	$	9,958
Net income	—		—			—			201			—		201
Other comprehensive income	—		—			3			—			—		3
Dividends declared on common stock	—		—			—			(116		)	—		(116		)
Dividends declared on preferred and preference stock	—		—			—			(19		)	—		(19		)
Stock-based compensation and other	—		6			—			(21		)	—		(15		)
Noncash stock-based compensation and other	—		3			—			3			—		6
Issuance of preference stock	—		(5		)	—			—			350		345
Balance at March 31, 2012	$	2,168	$	600		$	(21	)	$	6,221		$	1,395	$	10,363