XML 42 R44.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurements (Quantitative Information About Level 3 Fair Value Measurements) (Details) (Southern California Edison, Level 3, USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2015
MW
Dec. 31, 2014
MW
Congestion revenue rights | Market simulation model
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair Value, Assets 297us-gaap_AssetsFairValueDisclosure
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317us-gaap_AssetsFairValueDisclosure
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ dei_LegalEntityAxis
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/ us-gaap_ValuationTechniqueAxis
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Fair Value, Liabilities 0us-gaap_LiabilitiesFairValueDisclosure
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0us-gaap_LiabilitiesFairValueDisclosure
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/ us-gaap_ValuationTechniqueAxis
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Congestion revenue rights | Market simulation model | Load Forecast | Minimum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair value inputs, power units (in megawatts) 7,630eix_FairValueInputsPowerUnits
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7,630eix_FairValueInputsPowerUnits
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/ eix_UnobservableInputAxis
= eix_LoadForecastMember
/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
Congestion revenue rights | Market simulation model | Load Forecast | Maximum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair value inputs, power units (in megawatts) 25,431eix_FairValueInputsPowerUnits
/ us-gaap_DerivativeByNatureAxis
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ eix_UnobservableInputAxis
= eix_LoadForecastMember
/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
25,431eix_FairValueInputsPowerUnits
/ us-gaap_DerivativeByNatureAxis
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
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/ eix_UnobservableInputAxis
= eix_LoadForecastMember
/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
Congestion revenue rights | Market simulation model | Power Prices | Minimum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair Value Inputs, Price Level ($ per MWh) 1.65eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
= eix_CongestionRevenueRightsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_RangeAxis
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/ eix_UnobservableInputAxis
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/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
[1] 1.65eix_FairValueInputsPriceLevel
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/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
[1]
Congestion revenue rights | Market simulation model | Power Prices | Maximum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair Value Inputs, Price Level ($ per MWh) 109.95eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
[1] 109.95eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
[1]
Congestion revenue rights | Market simulation model | Gas Prices | Minimum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair Value Inputs, Price Level ($ per MWh) 3.65eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
= eix_CongestionRevenueRightsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
[2] 3.65eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
= eix_CongestionRevenueRightsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
[2]
Congestion revenue rights | Market simulation model | Gas Prices | Maximum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair Value Inputs, Price Level ($ per MWh) 6.53eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
= eix_CongestionRevenueRightsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
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/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
[2] 6.53eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= us-gaap_MarketApproachValuationTechniqueMember
[2]
Tolling | Option model
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair Value, Assets 9us-gaap_AssetsFairValueDisclosure
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
4us-gaap_AssetsFairValueDisclosure
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Fair Value, Liabilities 1,275us-gaap_LiabilitiesFairValueDisclosure
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
1,175us-gaap_LiabilitiesFairValueDisclosure
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Tolling | Option model | Power Prices | Minimum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair Value Inputs, Price Level ($ per MWh) 28.00eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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= eix_SouthernCaliforniaEdisonCompanyMember
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/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
30.60eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Expected volatility rate (as a percent) 26.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
25.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Tolling | Option model | Power Prices | Maximum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair Value Inputs, Price Level ($ per MWh) 54.80eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
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/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
61.40eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
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/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Expected volatility rate (as a percent) 37.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
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= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
42.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
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= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Tolling | Option model | Power Prices | Weighted Average
   
Quantitative Information About Level 3 Measurements [Line Items]    
Fair Value Inputs, Price Level ($ per MWh) 40.10eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_RangeAxis
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/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
44.60eix_FairValueInputsPriceLevel
/ us-gaap_DerivativeByNatureAxis
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/ us-gaap_FairValueByFairValueHierarchyLevelAxis
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/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Expected volatility rate (as a percent) 30.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
30.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ eix_UnobservableInputAxis
= eix_PowerPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Tolling | Option model | Gas Prices | Minimum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Expected volatility rate (as a percent) 16.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
13.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Tolling | Option model | Gas Prices | Maximum
   
Quantitative Information About Level 3 Measurements [Line Items]    
Expected volatility rate (as a percent) 40.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
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= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
53.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
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/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
Tolling | Option model | Gas Prices | Weighted Average
   
Quantitative Information About Level 3 Measurements [Line Items]    
Expected volatility rate (as a percent) 20.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
20.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate
/ us-gaap_DerivativeByNatureAxis
= eix_TollingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ dei_LegalEntityAxis
= eix_SouthernCaliforniaEdisonCompanyMember
/ us-gaap_RangeAxis
= us-gaap_WeightedAverageMember
/ eix_UnobservableInputAxis
= eix_GasPricesMember
/ us-gaap_ValuationTechniqueAxis
= eix_OptionModelMember
[1] Prices are in dollars per megawatt-hour.
[2] Prices are in dollars per million British thermal units.