XML 86 R74.htm IDEA: XBRL DOCUMENT v3.24.3
Commitments and Contingencies (Monetary) (Details)
$ in Millions
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Oct. 22, 2024
plaintiff
Oct. 31, 2024
USD ($)
Aug. 31, 2024
USD ($)
Oct. 31, 2021
USD ($)
Apr. 30, 2021
USD ($)
Mar. 31, 2021
USD ($)
Oct. 31, 2020
USD ($)
$ / claim
Sep. 30, 2024
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
$ / claim
Dec. 31, 2019
USD ($)
2017/2018 Wildfire/Mudslide Events                                  
Commitments and Contingencies                                  
Payments                       $ 636          
Charge for wildfire-related claims               $ 569       569   $ 715      
Expected revenue through electric rates                     $ 27 27 $ 33        
Increase in accrued estimated losses                     475 490 565        
Total pre-tax charge                     448 463 532        
Total after-tax charge                     323 333 384        
2017/2018 Wildfire/Mudslide Events | Remaining Alleged and Potential Claims                                  
Commitments and Contingencies                                  
Number of plaintiffs | plaintiff 440                                
Other Wildfires                                  
Commitments and Contingencies                                  
Payments                       342          
Charge for wildfire-related claims               525       525   683      
Insurance and other third party recoveries               3     111 58 111        
Expected revenue through electric rates                       7          
Increase in accrued estimated losses               4     118 184 124        
Total pre-tax charge               1     7 119 13        
Total after-tax charge               1     5 86 9        
SCE                                  
Commitments and Contingencies                                  
Regulatory assets               10,828       10,828   11,421      
SCE | Woolsey Agreement                                  
Commitments and Contingencies                                  
Payments   $ 4,400                              
Wildfire costs recovery requested   5,400                              
Legal and other costs   $ 1,000                              
CPUC cost recovery               84       84          
SCE | 2017/2018 Wildfire/Mudslide Events                                  
Commitments and Contingencies                                  
Regulatory assets               64       64          
SCE | 2017/2018 Wildfire/Mudslide Events | SED Settlement                                  
Commitments and Contingencies                                  
Charge for wildfire-related claims       $ 550       58       58          
Fine to state       110                          
Shareholder-funded safety measures costs       65                          
SCE | 2017/2018 Wildfire/Mudslide Events | Individual Plaintiff Settlements                                  
Commitments and Contingencies                                  
Payments               107 $ 180 $ 216       $ 876 $ 1,700 $ 1,700  
SCE | 2017/2018 Wildfire/Mudslide Events | Local Public Entity Settlements                                  
Commitments and Contingencies                                  
Payments                                 $ 360
SCE | 2017/2018 Wildfire/Mudslide Events | TKM Agreement                                  
Commitments and Contingencies                                  
Payments             $ 1,200                    
Payment agreement (in dollars per claim) | $ / claim             0.555                    
SCE | 2017/2018 Wildfire/Mudslide Events | Settled Litigation                                  
Commitments and Contingencies                                  
Charge for wildfire-related claims               78       78          
SCE | 2017/2018 Wildfire/Mudslide Events | Settled Litigation | SED Settlement                                  
Commitments and Contingencies                                  
Charge for wildfire-related claims               58       58          
SCE | 2017/2018 Wildfire/Mudslide Events | Remaining Alleged and Potential Claims                                  
Commitments and Contingencies                                  
Charge for wildfire-related claims               491       491          
SCE | 2017/2018 Wildfire/Mudslide Events | Aggregate                                  
Commitments and Contingencies                                  
Payments                       9,300          
Litigation settlement                       9,400          
Insurance and other third party recoveries                       2,000          
Expected revenue through electric rates                       440          
Potential impairment                       145          
Potential impairment, net of depreciation                       120          
Increase in accrued estimated losses                       9,900          
SCE | 2017/2018 Wildfire/Mudslide Events | Aggregate | Individual Plaintiff Settlements                                  
Commitments and Contingencies                                  
Number of plaintiffs | plaintiff 13,000                                
SCE | Thomas and Koenigstein Fires and Montecito Mudslides-TKM                                  
Commitments and Contingencies                                  
Payments     $ 1,300                            
Wildfire costs recovery requested     $ 1,600                            
Recovery costs prior to date (as a percent)     60.00%                            
Recovery costs after date (as a percent)     60.00%                            
Uninsured claims and other costs     $ 2,700                            
Legal and other costs     $ 300                            
Incremental restoration costs related to wildfires               65       65          
CPUC cost recovery               55       55          
SCE | Thomas and Koenigstein Fires and Montecito Mudslides-TKM | SED Settlement                                  
Commitments and Contingencies                                  
CPUC cost recovery amount waived       125                          
SCE | Thomas and Koenigstein Fires and Montecito Mudslides-TKM | Individual Plaintiff Settlements                                  
Commitments and Contingencies                                  
Outstanding individual plaintiff claims (as a percent) 95.00%                                
SCE | November 2018-Woolsey | SED Settlement                                  
Commitments and Contingencies                                  
CPUC cost recovery amount waived       $ 250                          
SCE | November 2018-Woolsey | Individual Plaintiff Settlements                                  
Commitments and Contingencies                                  
Outstanding individual plaintiff claims (as a percent) 94.00%                                
SCE | November 2018-Woolsey | Woolsey Agreement                                  
Commitments and Contingencies                                  
Payments         $ 2,200 $ 2,200                      
Payment agreement (in dollars per claim) | $ / claim                               0.67  
SCE | Other Wildfires                                  
Commitments and Contingencies                                  
Regulatory assets               148       148          
Insurance and other third party recoveries               4     114 60 114        
Expected revenue through electric rates                       7          
Increase in accrued estimated losses               4     118 184 124        
Total pre-tax charge                     4 117 10        
Total after-tax charge                     $ 3 84 $ 7        
Expected insurance recovery asset               399       399          
SCE | Other Wildfires | Remaining Alleged and Potential Claims                                  
Commitments and Contingencies                                  
Charge for wildfire-related claims               $ 521       521          
SCE | Other Wildfires | Aggregate                                  
Commitments and Contingencies                                  
Payments                       549          
Insurance and other third party recoveries                       683          
Expected revenue through electric rates                       175          
Increase in accrued estimated losses                       1,100          
Total after-tax charge                       152          
SCE | Other Wildfires | Aggregate | CPUC                                  
Commitments and Contingencies                                  
Expected revenue through electric rates                       152          
SCE | Other Wildfires | Aggregate | FERC                                  
Commitments and Contingencies                                  
Expected revenue through electric rates                       23          
SCE | 2017 Creek Fire | Aggregate                                  
Commitments and Contingencies                                  
Insurance and other third party recoveries                       $ 18