Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 576

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 15
Chunk 576
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ENSED STATEMENTS OF INCOMEFor the Years Ended December 31, 2024, 2023 and 2022(in millions)202420232022Interest income$3 $2 $3 Operating, interest and other expenses342 299 209 Loss before equity in earnings of subsidiaries(339)(297)(206)Equity in earnings of subsidiaries1,610 1,498 867 Income before income taxes1,271 1,201 661 Income tax benefit(100)(83)(56)Net income1,371 1,284 717 Preferred stock dividend requirements of Edison International87 87 105 Net income available to Edison International common shareholders$1,284 $1,197 $612 

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CONDENSED STATEMENTS OF COMPREHENSIVE INCOMEFor the Years Ended December 31, 2024, 2023 and 2022(in millions)202420232022Net income$1,371 $1,284 $717 Other comprehensive income, net of tax9 2 43 Comprehensive income$1,380 $1,286 $760 

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EDISON INTERNATIONALSCHEDULE I – CONDENSED FINANCIAL INFORMATION OF PARENTCONDENSED STATEMENTS OF CASH FLOWSFor the Years Ended December 31, 2024, 2023 and 2022(in millions)202420232022Net cash provided by operating activities$1,097 $1,148 $1,133 Cash flows from financing activities:Long-term debt issued1,049 1,549 945 Long-term debt issuance costs(7)(16)(6)Long-term debt repaid(500)(400)(700)Short-term debt issued— 370 1,000 Short-term debt repaid(15)(1,356)— Common stock issued12 20 13 Common stock repurchased(200)— —Preferred stock repurchased(28)(289)— Payable due to affiliates— (3)(14)Commercial paper borrowing (repayments), net214 139 89 Payments for stock-based compensation(24)(5)(8)Receipts for stock-based compensation206 71 72 Common stock dividends paid(1,198)(1,112)(1,050)Preferred stock dividends paid(88)(108)(99)Net cash (used in) provided