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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 651 $ 561
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,090 1,005
Allowance for equity during construction (60) (51)
Impairment and other (11) (18)
Deferred income taxes 30 (58)
Wildfire Insurance Fund amortization expense 107 167
Other 11 32
Nuclear decommissioning trusts (127) (62)
Changes in operating assets and liabilities:    
Receivables (293) (108)
Inventory (3) (19)
Accounts payable 128 14
Tax receivables and payables 91 31
Other current assets and liabilities (244) (23)
Regulatory assets and liabilities, net (574) (927)
Wildfire-related insurance receivable 708 73
Wildfire-related claims (2,852) 0
Other noncurrent assets and liabilities (26) 8
Net cash (used in) provided by operating activities (1,374) 625
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 3,953 2,726
Long-term debt repaid or repurchased (991) (814)
Short-term debt issued 2,106 1,275
Short-term debt repaid 1,355 800
Common stock issued 25 884
Preference stock issued, net 1,235  
Commercial paper repayment, net of borrowing (656) (550)
Dividends and distribution to noncontrolling interests (53) (60)
Dividends paid (494) (454)
Other 12 16
Net cash provided by financing activities 3,782 2,223
Cash flows from investing activities:    
Capital expenditures (2,593) (2,514)
Proceeds from sale of nuclear decommissioning trust investments 2,542 3,225
Purchases of nuclear decommissioning trust investments (2,415) (3,163)
Other 54 60
Net cash used in investing activities (2,412) (2,392)
Net (decrease) increase in cash, cash equivalents and restricted cash (4) 456
Cash, cash equivalents and restricted cash at beginning of period 89 70
Cash, cash equivalents and restricted cash at end of period 85 526
SCE    
Cash flows from operating activities:    
Net income 708 660
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,086 1,001
Allowance for equity during construction (60) (51)
Impairment and other (11) (52)
Deferred income taxes 51 (22)
Wildfire Insurance Fund amortization expense 107 167
Other 16 24
Nuclear decommissioning trusts (127) (62)
Changes in operating assets and liabilities:    
Receivables (288) (114)
Inventory (3) (19)
Accounts payable 127 (12)
Tax receivables and payables 91 47
Other current assets and liabilities (236) (22)
Regulatory assets and liabilities, net (574) (927)
Wildfire-related insurance receivable 708 73
Wildfire-related claims (2,852) 0
Other noncurrent assets and liabilities (26) (8)
Net cash (used in) provided by operating activities (1,283) 683
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 3,952 2,330
Long-term debt repaid or repurchased (991) (414)
Short-term debt issued 2,106 475
Short-term debt repaid 1,355 0
Capital contributions from Edison International Parent 1,225 888
Commercial paper repayment, net of borrowing (551) (550)
Dividends paid (703) (798)
Other 6 0
Net cash provided by financing activities 3,689 1,931
Cash flows from investing activities:    
Capital expenditures (2,591) (2,512)
Proceeds from sale of nuclear decommissioning trust investments 2,542 3,225
Purchases of nuclear decommissioning trust investments (2,415) (3,163)
Other 53 66
Net cash used in investing activities (2,411) (2,384)
Net (decrease) increase in cash, cash equivalents and restricted cash (5) 230
Cash, cash equivalents and restricted cash at beginning of period 56 24
Cash, cash equivalents and restricted cash at end of period $ 51 $ 254