XML 76 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 115 $ 170
Receivables, less allowances of $67 and $75 for uncollectible accounts at respective dates 797 762
Accrued unbilled revenue 403 550
Inventory 351 340
Prepaid taxes 26 22
Derivative assets 111 129
Margin and collateral deposits 10 8
Regulatory assets 672 572
Other current assets 185 119
Total current assets 2,670 2,672
Nuclear decommissioning trusts 4,246 4,048
Investments in unconsolidated affiliates 2 2
Other investments 199 184
Total investments 4,447 4,234
Utility property, plant and equipment, less accumulated depreciation of $7,662 and $7,424 at respective dates 30,673 30,200
Nonutility property, plant and equipment, less accumulated depreciation of $126 and $123 at respective dates 72 73
Total property, plant and equipment 30,745 30,273
Derivative assets 81 85
Restricted deposits 4 4
Regulatory assets 6,518 6,422
Other long-term assets 690 704
Total long-term assets 7,293 7,215
Total assets 45,155 44,394
LIABILITIES AND EQUITY    
Short-term debt 420 175
Current portion of long-term debt 800 0
Accounts payable 1,100 1,423
Accrued taxes 134 61
Accrued interest 126 176
Customer deposits 196 193
Derivative liabilities 107 126
Regulatory liabilities 443 536
Deferred income taxes 174 64
Other current liabilities 779 990
Total current liabilities 4,279 3,744
Long-term debt 8,829 9,231
Deferred income taxes 6,289 6,127
Deferred investment tax credits 103 104
Customer advances 150 149
Derivative liabilities 1,014 939
Pensions and benefits 2,610 2,614
Asset retirement obligations 2,824 2,782
Regulatory liabilities 5,470 5,214
Other deferred credits and other long-term liabilities 2,278 2,299
Total deferred credits and other liabilities 20,738 20,228
Total liabilities 33,846 33,203
Commitments and contingencies (Note 9)      
Common stock, no par value (800,000,000 shares authorized; 325,811,206 shares issued and outstanding at each date) and (560,000 shares authorized; 434,888,104 shares issued and outstanding at each date for SCE) 2,380 2,373
Accumulated other comprehensive loss (87) (87)
Retained earnings 7,262 7,146
Total common shareholders' equity 9,555 9,432
Preferred and preference stock of utility 1,754 1,759
Total noncontrolling interests 1,754 1,759
Total equity 11,309 11,191
Total liabilities and equity 45,155 44,394
Southern California Edison
   
ASSETS    
Cash and cash equivalents 27 45
Receivables, less allowances of $67 and $75 for uncollectible accounts at respective dates 754 755
Accrued unbilled revenue 403 550
Inventory 351 340
Prepaid taxes 30 48
Derivative assets 111 129
Regulatory assets 672 572
Other current assets 194 123
Total current assets 2,542 2,562
Nuclear decommissioning trusts 4,246 4,048
Other investments 125 116
Total investments 4,371 4,164
Utility property, plant and equipment, less accumulated depreciation of $7,662 and $7,424 at respective dates 30,673 30,200
Nonutility property, plant and equipment, less accumulated depreciation of $126 and $123 at respective dates 70 70
Total property, plant and equipment 30,743 30,270
Derivative assets 81 85
Regulatory assets 6,518 6,422
Other long-term assets 537 531
Total long-term assets 7,136 7,038
Total assets 44,792 44,034
LIABILITIES AND EQUITY    
Short-term debt 404 175
Current portion of long-term debt 800  
Accounts payable 1,069 1,297
Accrued taxes 131 72
Accrued interest 125 172
Customer deposits 196 193
Derivative liabilities 107 126
Regulatory liabilities 443 536
Deferred income taxes 174 81
Other current liabilities 654 861
Total current liabilities 4,103 3,513
Long-term debt 8,427 8,828
Deferred income taxes 6,781 6,669
Deferred investment tax credits 103 104
Customer advances 150 149
Derivative liabilities 1,014 939
Pensions and benefits 2,234 2,245
Asset retirement obligations 2,824 2,782
Regulatory liabilities 5,470 5,214
Other deferred credits and other long-term liabilities 1,844 1,848
Total deferred credits and other liabilities 20,420 19,950
Total liabilities 32,950 32,291
Commitments and contingencies (Note 9)      
Common stock, no par value (800,000,000 shares authorized; 325,811,206 shares issued and outstanding at each date) and (560,000 shares authorized; 434,888,104 shares issued and outstanding at each date for SCE) 2,168 2,168
Additional paid-in capital 579 581
Accumulated other comprehensive loss (32) (29)
Retained earnings 7,332 7,228
Total common shareholders' equity 10,047 9,948
Preferred and preference stock of utility 1,795 1,795
Total equity 11,842 11,743
Total liabilities and equity $ 44,792 $ 44,034