Compensation and Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2013

The following table provides a summary of changes in the accrued severance liability associated with these reductions:



(in millions)
Balance at January 1, 2013	$	104
Additions	109
Payments	(132		)
Balance at September 30, 2013	$	81

Pension Plans

Pension and Other Postretirement Benefits

Expense Components for Plans

Expense components for continuing operations are:



	Three months ended September 30,						Nine months ended September 30,
(in millions)	2013			2012			2013			2012
Edison International:
Service cost	$	38		$	44		$	114		$	121
Interest cost	42			46			126			137
Expected return on plan assets	(58		)	(53		)	(172		)	(164		)
Settlement costs¹	24			1			73			4
Amortization of prior service cost	1			1			3			3
Amortization of net loss²	15			18			45			48
Expense under accounting standards	$	62		$	57		$	189		$	149
Regulatory adjustment (deferred)	(7		)	(57		)	(21		)	(3		)
Total expense recognized	$	55		$	—		$	168		$	146
SCE:
Service cost	$	37		$	46		$	111		$	120
Interest cost	41			45			123			135
Expected return on plan assets	(57		)	(52		)	(171		)	(162		)
Settlement costs	24			1			72			3
Amortization of prior service cost	1			1			3			3
Amortization of net loss²	14			14			42			42
Expense under accounting standards	$	60		$	55		$	180		$	141
Regulatory adjustment (deferred)	(7		)	(57		)	(21		)	(3		)
Total expense recognized	$	53		$	(2	)	$	159		$	138


¹	Includes the amount of net loss reclassified from other comprehensive loss. The amount reclassified for Edison International was $2 million for the nine months ended September 30, 2013.


²	Includes the amount of net loss reclassified from other comprehensive loss. The amount reclassified for Edison International and SCE was $4 million and $3 million for the three months ended September 30, 2013, respectively, and $11 million and $8 million for the nine months ended September 30, 2013, respectively.

Postretirement Benefits Other Than Pensions

Pension and Other Postretirement Benefits

Expense Components for Plans

Expense components for continuing operations are:



	Three months ended September 30,						Nine months ended September 30,
(in millions)	2013			2012			2013			2012
Edison International:
Service cost	$	14		$	13		$	42		$	37
Interest cost	26			28			78			85
Expected return on plan assets	(30		)	(27		)	(90		)	(81		)
Special termination benefits¹	—			3			10			3
Amortization of prior service credit	(9		)	(9		)	(27		)	(27		)
Amortization of net loss²	7			12			21			35
Total expense	$	8		$	20		$	34		$	52
SCE:
Service cost	$	14		$	12		$	41		$	36
Interest cost	26			28			78			84
Expected return on plan assets	(30		)	(27		)	(90		)	(81		)
Special termination benefits¹	—			3			10			3
Amortization of prior service credit	(9		)	(9		)	(27		)	(27		)
Amortization of net loss²	7			11			21			33
Total expense	$	8		$	18		$	33		$	48


¹	Due to the reduction in workforce, SCE has incurred costs for extended retiree health care coverage.


²	Includes the amount of net loss reclassified from other comprehensive loss. The amount reclassified for Edison International and SCE was less than $1 million and zero for the three- and nine-months ended September 30, 2013, respectively.

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

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