Company: SCE-PL
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000827052-25-000074
Chunk: 0

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 8
Chunk 0
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Table of Contents

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Condensed Consolidated Statements of IncomeEdison International

Three months endedJune 30,Six months endedJune 30,(in millions, except per-share amounts, unaudited)2025202420252024Operating revenue$4,543 $4,336 $8,354 $8,414 Purchased power and fuel1,157 1,234 2,204 2,242 Operation and maintenance1,580 1,285 2,563 2,602 Wildfire-related claims, net of (recoveries)— — (1,305)615 Wildfire Insurance Fund expense36 37 72 73 Depreciation and amortization826 726 1,568 1,428 Property and other taxes168 154 334 309 Other1 — 9 — Total operating expenses3,768 3,436 5,445 7,269 Operating income775 900 2,909 1,145 Interest expense(504)(480)(805)(924)Other income, net113 148 220 286 Income before income taxes384 568 2,324 507 Income tax (benefit) expense(14)59 434 (54)Net income398 509 1,890 561 Less: Preference stock dividend requirements of SCE33 49 67 90 Preferred stock dividend requirements of Edison International22 21 44 43 Net income available to Edison International common shareholders$343 $439 $1,779 $428 Basic earnings per share:Weighted average shares of common stock outstanding385385385385Basic earnings per common share available to Edison International common shareholders$0.89 $1.14 $4.62 $1.11 Diluted earnings per share:Weighted average shares of common stock outstanding, including effect of dilutive securities386388386387Diluted earnings per common share available to Edison International common shareholders$0.89 $1.13 $4.61 $1.11 

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

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Table of Contents

Condensed Consolidated Statements of Comprehensive IncomeEdison International

Three months ended June 30,Six months ended June 30,(in millions, unaudited)202520242025202