Company: SCE-PL
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000827052-25-000074
Chunk: 87

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 7
Chunk 87
---
866 Total liabilities69,952 67,839 Commitments and contingencies (Note 12)Preferred stock (50,000,000 shares authorized; 1,159,317 shares of Series A and 503,454  shares of Series B issued and outstanding at respective dates)1,645 1,645 Common stock, no par value (800,000,000 shares authorized; 384,786,397 and 384,784,719 shares issued and outstanding at respective dates)6,330 6,353 Accumulated other comprehensive income2 — Retained earnings8,709 7,567 Total Edison International's shareholders' equity16,686 15,565 Noncontrolling interests – preference stock of SCE2,175 2,175 Total equity18,861 17,740 Total liabilities and equity$88,813 $85,579 

The accompanying notes are an integral part of these condensed consolidated financial statements.

25

Condensed Consolidated Statements of Cash FlowsEdison International

Six months ended June 30,(in millions, unaudited)20252024Cash flows from operating activities:Net income$1,890 $561 Adjustments to reconcile to net cash provided by operating activities:Depreciation and amortization1,568 1,454 Equity allowance for funds used during construction(93)(96)Deferred income taxes 420 (52)Wildfire Insurance Fund amortization expense72 73 Other77 21 Nuclear decommissioning trusts(102)(41)Changes in operating assets and liabilities:Receivables248 (66)Inventory12 (10)Accounts payable50 101 Other current assets and liabilities(247)(444)Derivative assets and liabilities, net44 (25)Regulatory assets and liabilities, net(1,600)(106)Wildfire-related insurance receivable53 — Wildfire-related claims(264)(148)Other noncurrent assets and liabilities(22)150 Net cash provided by operating activities2,106 1,372 Cash flows from financing activities:Long-term debt issued, net of discount and issuance costs of $49 and $34 for the respective periods3,501 4,216 Long-term debt repaid (726)(1,725)Short-term debt issued18 — Short-term debt repaid— (396)Common stock repurchased(29)— Preference stock issued,