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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Total operating revenue $ 14,905 $ 13,578 $ 12,347
Purchased power and fuel 5,540 4,932 4,839
Operation and maintenance 3,645 3,609 3,018
Wildfire-related claims, net of insurance recoveries 1,276 1,328 255
Wildfire Insurance Fund expense 215 336 152
Depreciation and amortization 2,218 1,967 1,730
Property and other taxes 465 438 399
Impairment and other expense (income) 71 (116) 184
Gain on sale of lease interest and other operating income (2) (133) (5)
Total operating expenses 13,428 12,361 10,572
Operating income 1,477 1,217 1,775
Interest expense (925) (902) (841)
Other income 237 251 193
Income before income taxes 789 566 1,127
Income tax expense (benefit) (136) (305) (278)
Net income 925 871 1,405
Preferred stock dividend requirement of Edison International 60    
Net income available to common shareholders $ 759 $ 739 $ 1,284
Basic earnings per share:      
Weighted average shares of common stock outstanding 380 373 340
Basic earnings per common share attributable to Edison International common shareholders $ 2.00 $ 1.98 $ 3.78
Diluted earnings per share:      
Weighted average shares of common stock outstanding, including effect of dilutive securities 380 374 341
Diluted earnings per common share attributable to Edison International common shareholders $ 2.00 $ 1.98 $ 3.77
SCE      
Total operating revenue $ 14,874 $ 13,546 $ 12,306
Purchased power and fuel 5,540 4,932 4,839
Operation and maintenance 3,588 3,523 2,936
Wildfire-related claims, net of insurance recoveries 1,276 1,328 255
Wildfire Insurance Fund expense 215 336 152
Depreciation and amortization 2,216 1,965 1,728
Property and other taxes 462 435 396
Impairment and other expense (income) 69 (150) 159
Other operating income (2) (1) (4)
Total operating expenses 13,364 12,368 10,461
Operating income 1,510 1,178 1,845
Interest expense (791) (768) (739)
Other income 233 255 195
Income before income taxes 952 665 1,301
Income tax expense (benefit) 17 (277) (229)
Net income 935 942 1,530
Preferred stock dividend requirement of Edison International 106 132 121
Net income available to common shareholders $ 829 $ 810 $ 1,409