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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 290 $ 213
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 542 501
Allowance for equity during construction (35) (21)
Deferred income taxes (37) (58)
Wildfire Insurance Fund amortization expense 53 84
Other 11 23
Nuclear decommissioning trusts (52) 14
Changes in operating assets and liabilities:    
Receivables 15 (30)
Inventory (12) 1
Accounts payable (151) (129)
Tax receivables and payables 178 31
Other current assets and liabilities (168) 41
Regulatory assets and liabilities, net (70) (372)
Wildfire-related insurance receivable 105 58
Wildfire-related claims (618) 0
Other noncurrent assets and liabilities 21 (41)
Net cash provided by operating activities 72 315
Cash flows from financing activities:    
Long-term debt issued, plus premium and net of discount and issuance costs of $[ ] and $19 for the respective periods 1,223 1,719
Long-term debt repaid or repurchased (490) (40)
Short-term debt issued 305 1,275
Short-term debt repaid 327  
Common stock issued 15 74
Preference stock issued, net 1,237  
Commercial paper repayment, net of borrowing (180) (550)
Dividends and distribution to noncontrolling interests (32) (36)
Dividends paid (247) (226)
Other 7 15
Net cash provided by financing activities 1,511 2,231
Cash flows from investing activities:    
Capital expenditures (1,358) (1,268)
Proceeds from sale of nuclear decommissioning trust investments 1,270 1,407
Purchases of nuclear decommissioning trust investments (1,218) (1,421)
Other 24 4
Net cash used in investing activities (1,282) (1,278)
Net (decrease) increase in cash, cash equivalents and restricted cash 301 1,268
Cash, cash equivalents and restricted cash at beginning of period 89 70
Cash, cash equivalents and restricted cash at end of period 390 1,338
SCE    
Cash flows from operating activities:    
Net income 323 249
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 540 499
Allowance for equity during construction (35) (21)
Deferred income taxes (25) (47)
Wildfire Insurance Fund amortization expense 53 84
Other 8 20
Nuclear decommissioning trusts (52) 14
Changes in operating assets and liabilities:    
Receivables 16 (30)
Inventory (12) 1
Accounts payable (154) (156)
Tax receivables and payables 178 35
Other current assets and liabilities (166) 43
Regulatory assets and liabilities, net (70) (372)
Wildfire-related insurance receivable 42 58
Wildfire-related claims (618) 0
Other noncurrent assets and liabilities 20 (43)
Net cash provided by operating activities 48 334
Cash flows from financing activities:    
Long-term debt issued, plus premium and net of discount and issuance costs of $[ ] and $19 for the respective periods 1,223 1,719
Long-term debt repaid or repurchased (490) (40)
Short-term debt issued 305 475
Short-term debt repaid 327 0
Capital contributions from Edison International Parent 900 269
Commercial paper repayment, net of borrowing (51) (550)
Dividends paid (357) (505)
Other 1 0
Net cash provided by financing activities 1,204 1,368
Cash flows from investing activities:    
Capital expenditures (1,357) (1,267)
Proceeds from sale of nuclear decommissioning trust investments 1,270 1,407
Purchases of nuclear decommissioning trust investments (1,218) (1,421)
Other 23 7
Net cash used in investing activities (1,282) (1,274)
Net (decrease) increase in cash, cash equivalents and restricted cash (30) 428
Cash, cash equivalents and restricted cash at beginning of period 56 24
Cash, cash equivalents and restricted cash at end of period $ 26 $ 452