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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 925 $ 871 $ 1,405
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization 2,288 2,029 1,803
Allowance for equity during construction (118) (121) (101)
Impairment and other expense (income) 71 (116) 184
Gain on sale of lease interest and other operating income (2) (133) (5)
Deferred income taxes 43 (296) (284)
Wildfire Insurance Fund amortization expense 215 336 152
Other 40 36 34
Nuclear decommissioning trusts (256) (197) (106)
Proceeds from Morongo Transmission LLC 400    
Contributions to Wildfire Insurance Fund (95) (95) (2,457)
Changes in operating assets and liabilities:      
Receivables (514) (283) (76)
Inventory (21) (43) (83)
Accounts payable 138 87 288
Tax receivables and payables 13 113 88
Other current assets and liabilities (333) 4 (13)
Regulatory assets and liabilities, net (720) (1,799) (1,278)
Wildfire-related insurance receivable 708 932 285
Wildfire-related claims (2,648) (56) (101)
Other noncurrent assets and liabilities (123) (6) (42)
Net cash provided by (used in) operating activities 11 1,263 (307)
Cash flows from financing activities:      
Long-term debt issued or remarketed, plus premium and net of discount and issuance costs 5,412 3,073 3,696
Long-term debt repaid or repurchased (1,037) (1,099) (82)
Short-term debt issued 2,654 2,994 1,750
Short-term debt repaid (2,255) (1,126) (1,750)
Common stock issued 32 912 2,391
Preferred stock issued, net 1,977    
Preferred and preference stock redeemed   (308)  
Commercial paper (repayments) borrowing, net (254) 304 (172)
Dividends and distribution to noncontrolling interests (106) (118) (121)
Common stock dividends paid (988) (928) (810)
Preferred stock dividends paid (35)    
Other 45 23 1
Net cash provided by financing activities 5,445 3,727 4,903
Cash flows from investing activities:      
Capital expenditures (5,505) (5,484) (4,877)
Proceeds from sale of nuclear decommissioning trust investments 3,961 5,927 4,389
Purchases of nuclear decommissioning trust investments (3,705) (5,730) (4,283)
Other 98 316 93
Net cash used in investing activities (5,151) (4,971) (4,678)
Net increase (decrease) in cash, cash equivalents and restricted cash 305 19 (82)
Cash, cash equivalents and restricted cash at beginning of year 89 70 152
Cash, cash equivalents and restricted cash at end of year 394 89 70
SCE      
Cash flows from operating activities:      
Net income 935 942 1,530
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization 2,280 2,021 1,798
Allowance for equity during construction (118) (121) (101)
Impairment and other expense (income) 69 (150) 159
Deferred income taxes 62 (263) (243)
Wildfire Insurance Fund amortization expense 215 336 152
Other 26 17 17
Nuclear decommissioning trusts (256) (197) (106)
Proceeds from Morongo Transmission LLC 400    
Contributions to Wildfire Insurance Fund (95) (95) (2,457)
Changes in operating assets and liabilities:      
Receivables (513) (290) (89)
Inventory (21) (43) (83)
Accounts payable 131 63 307
Tax receivables and payables 31 141 178
Other current assets and liabilities (333) (7) (15)
Regulatory assets and liabilities, net (720) (1,799) (1,278)
Wildfire-related insurance receivable 708 932 285
Wildfire-related claims (2,648) (56) (101)
Other noncurrent assets and liabilities 5 (4) (44)
Net cash provided by (used in) operating activities 158 1,427 (91)
Cash flows from financing activities:      
Long-term debt issued or remarketed, plus premium and net of discount and issuance costs 5,411 2,676 2,306
Long-term debt repaid or repurchased (1,037) (699) (82)
Short-term debt issued 2,654 2,194 750
Short-term debt repaid (2,255) (326) (750)
Capital contributions from Edison International Parent 1,633 1,432 3,250
Preferred and preference stock redeemed   (308)  
Commercial paper (repayments) borrowing, net (124) 175 (171)
Common stock dividends paid (1,081) (1,450) (521)
Other 17 5 (11)
Net cash provided by financing activities 5,218 3,699 4,771
Cash flows from investing activities:      
Capital expenditures (5,503) (5,480) (4,876)
Proceeds from sale of nuclear decommissioning trust investments 3,961 5,927 4,389
Purchases of nuclear decommissioning trust investments (3,705) (5,730) (4,283)
Other 95 189 92
Net cash used in investing activities (5,152) (5,094) (4,678)
Net increase (decrease) in cash, cash equivalents and restricted cash 224 32 2
Cash, cash equivalents and restricted cash at beginning of year 56 24 22
Cash, cash equivalents and restricted cash at end of year $ 280 $ 56 $ 24