Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 84

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 84
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Deferred income taxes and credits7,180 6,672 Pensions and benefits384 415 Asset retirement obligations2,580 2,666 Regulatory liabilities10,159 9,420 Operating lease liabilities1,056 1,101 Wildfire-related claims941 1,368 Other deferred credits and other long-term liabilities3,566 3,258 Total deferred credits and other liabilities25,866 24,900 Total liabilities67,839 63,814 Commitments and contingencies (Note 12)Preferred stock (50,000,000 shares authorized; 1,159,317 shares of Series A and 503,454 and 532,454 shares of Series B issued and outstanding at respective dates)1,645 1,673 Common stock, no par value (800,000,000 shares authorized; 384,784,719 and 383,924,912 shares issued and outstanding at respective dates)6,353 6,338 Accumulated other comprehensive loss— (9)Retained earnings7,567 7,499 Total Edison International's shareholders' equity15,565 15,501 Noncontrolling interests – preference stock of SCE2,175 2,443 Total equity17,740 17,944 Total liabilities and equity$85,579 $81,758 

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

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Table of Contents

Consolidated Statements of Cash FlowsEdison International

Years ended December 31,(in millions)202420232022Cash flows from operating activities:Net income$1,546 $1,407 $824 Adjustments to reconcile to net cash provided by operating activities:Depreciation and amortization2,939 2,721 2,633 Allowance for equity during construction(187)(157)(137)Impairment, net of other operating income— 1 49 Deferred income taxes9 108 (177)Wildfire Insurance Fund amortization expense146 213 214 Other81 57 80 Nuclear decommissioning trusts(174)(180)(123)Contributions to Wildfire Insurance Fund(95)(95)(95)Changes in operating assets and liabilities:Receivables(278)(349)(252)Inventory(14)(63)(58)Accounts payable53 (408)367 Tax receivables and payables(43)