XML 162 R138.htm IDEA: XBRL DOCUMENT v3.22.0.1
Schedule I - Condensed Financial Information of Parent (Notes) (Details)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Jan. 01, 2020
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
USD ($)
shares
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Apr. 30, 2021
USD ($)
May 31, 2019
USD ($)
Debt and Credit Agreements                
Commitment   $ 4,850 $ 4,850          
Outstanding borrowings   (601) (601)          
Amount available   $ 4,054 4,054          
Equity                
Equity contribution     $ 900          
Series A                
Equity                
Stock issued (in shares) | shares     1,250,000          
Preferred Stock, dividend rate, (as a percent)     5.375%          
Margin rate for dividend rate reset (as a percent)   4.698% 4.698%          
Series B                
Equity                
Stock issued (in shares) | shares     750,000          
Preferred Stock, dividend rate, (as a percent)     5.00%          
Margin rate for dividend rate reset (as a percent)   3.901% 3.901%          
Edison International                
Basis of Presentation                
Cash dividends received from consolidated subsidiaries     $ 975 $ 1,300 $ 400      
Debt and Credit Agreements                
Covenant debt to total capitalization ratio   0.70 0.70          
Actual debt to capitalization ratio   0.61 0.61          
Equity                
Proceeds received, net of offering costs     $ 2,000          
Equity contribution     900          
Related Party Transactions                
Expenses from services provided by SCE     2 2 2      
Interest expense from loans due to affiliates     5 4 $ 5      
Current receivables due from affiliates   $ 361 361 43        
Current payables due to affiliates   211 211 323        
Long-term receivables due from affiliate   52 52 68        
Long-term payables due to affiliates   227 227 219        
Edison International | 2.40% Senior notes due 2022                
Debt and Credit Agreements                
Long-term debt   $ 400 $ 400 $ 400        
Interest rate on debt (as a percent)   2.40% 2.40% 2.40%        
Edison International | 3.125% Senior notes due 2022                
Debt and Credit Agreements                
Long-term debt   $ 300 $ 300 $ 300        
Interest rate on debt (as a percent)   3.125% 3.125% 3.125%        
Edison International | 2.95% Senior notes due 2023                
Debt and Credit Agreements                
Long-term debt   $ 400 $ 400 $ 400        
Interest rate on debt (as a percent)   2.95% 2.95% 2.95%        
Edison International | 3.55% Senior note due 2024                
Debt and Credit Agreements                
Long-term debt   $ 500 $ 500 $ 500        
Interest rate on debt (as a percent)   3.55% 3.55% 3.55%        
Edison International | 4.95% Senior notes due 2025                
Debt and Credit Agreements                
Long-term debt   $ 400 $ 400 $ 400        
Interest rate on debt (as a percent)   4.95% 4.95% 4.95%        
Edison International | 5.75% Senior notes due 2027                
Debt and Credit Agreements                
Long-term debt   $ 600 $ 600 $ 600        
Interest rate on debt (as a percent)   5.75% 5.75% 5.75%        
Edison International | 4.125% Senior notes due 2028                
Debt and Credit Agreements                
Long-term debt   $ 550 $ 550 $ 550        
Interest rate on debt (as a percent)   4.125% 4.125% 4.125%        
Edison International | Multi-year credit facilities                
Debt and Credit Agreements                
Commitment   $ 1,500 $ 1,500          
Outstanding borrowings   0 0          
Amount available   $ 1,500 $ 1,500          
Contingent maximum available borrowing             $ 2,000  
Edison International | Series A                
Equity                
Stock issued (in shares) | shares     1,250,000          
Preferred Stock, dividend rate, (as a percent)     5.375%          
Liquidation value (in dollars per share) | $ / shares   $ 1,000 $ 1,000          
Margin rate for dividend rate reset (as a percent)   4.698% 4.698%          
Edison International | Series B                
Equity                
Stock issued (in shares) | shares     750,000          
Preferred Stock, dividend rate, (as a percent)     5.00%          
Margin rate for dividend rate reset (as a percent)   3.901% 3.901%          
At-the-market Program (ATM)                
Equity                
Aggregate sale price               $ 1,500
Aggregate sales price remaining   $ 1,300 $ 1,300          
Stock issued (in shares) | shares     0          
At-the-market Program (ATM) | Edison International                
Equity                
Aggregate sale price               $ 1,500
Aggregate sales price remaining   $ 1,300 $ 1,300          
Stock issued (in shares) | shares   0 0          
401(K)                
Equity                
Stock issued (in shares) | shares     522,400 1,644,500        
Proceeds received, net of offering costs     $ 30 $ 99        
401(K) | Edison International                
Equity                
Stock issued (in shares) | shares     522,400 1,644,500        
Proceeds received, net of offering costs     $ 30 $ 99        
In lieu of dividend payment                
Equity                
Stock issued (in shares) | shares     293,031 280,707        
Proceeds received, net of offering costs     $ 17 $ 17        
In lieu of dividend payment | Edison International                
Equity                
Stock issued (in shares) | shares     293,031 280,707        
Proceeds received, net of offering costs     $ 17 $ 17        
Stock compensation awards                
Equity                
Stock issued (in shares) | shares     629,092 387,425        
Proceeds received, net of offering costs     $ 25 $ 16        
Stock compensation awards | Edison International                
Equity                
Stock issued (in shares) | shares     629,092 387,425        
Proceeds received, net of offering costs     $ 25 $ 16        
Optional cash investments                
Equity                
Stock issued (in shares) | shares     26,475 35,999        
Proceeds received, net of offering costs     $ 2 $ 2        
Optional cash investments | Edison International                
Equity                
Stock issued (in shares) | shares       35,999        
Proceeds received, net of offering costs       $ 2        
SCE                
Basis of Presentation                
Weighted-average equity component authorization (as a percent) 52.00%       48.00% 45.20%    
Weighted-average common equity component authorization, set by CPUC remaining over number of months (in months)         37 months 37 months    
Wildfire related charge incurred after tax           $ 1,800    
Spot rate equity ratio           47.70%    
Waiver threshold percent           47.70%    
Weighted-average common equity component of total capitalization percent           48.70%    
Debt and Credit Agreements                
Commitment   $ 3,350 3,350          
Outstanding borrowings   (601) (601)          
Amount available   $ 2,554 $ 2,554          
Covenant debt to total capitalization ratio   0.65 0.65          
Actual debt to capitalization ratio   0.55 0.55          
Related Party Transactions                
Current receivables due from affiliates       $ 268        
SCE | Multi-year credit facilities                
Debt and Credit Agreements                
Commitment   $ 3,350 $ 3,350          
Outstanding borrowings   (601) (601)          
Amount available   2,554 2,554          
Contingent maximum available borrowing   $ 4,000 $ 4,000