Company: SCE-PL
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000827052-25-000074
Chunk: 5

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 8
Chunk 5
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Wildfire Insurance Fund contributions138 138 Other current assets417 415 Total current assets6,879 7,024 Nuclear decommissioning trusts4,324 4,286 Other investments53 38 Total investments4,377 4,324 Utility property, plant and equipment, less accumulated depreciation and amortization of $14,587 and $14,207 at respective dates60,797 59,047 Nonutility property, plant and equipment, less accumulated depreciation of $107 and $108 at respective dates194 199 Total property, plant and equipment60,991 59,246 Receivables, less allowances of $47 and $43 for uncollectible accounts at respective dates61 62 Regulatory assets (include $1,488 and $1,512 related to a VIE at respective dates)10,487 8,886 Wildfire Insurance Fund contributions1,809 1,878 Operating lease right-of-use assets1,150 1,174 Long-term insurance receivables98 131 Long-term insurance receivables due from affiliate282 303 Other long-term assets2,510 2,317 Total other assets16,397 14,751 Total assets$88,644 $85,345 

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

28

Condensed Consolidated Balance SheetsSouthern California Edison Company

(in millions, except share amounts, unaudited)June 30,2025December 31,2024LIABILITIES AND EQUITYShort-term debt$455 $553 Current portion of long-term debt2,299 1,249 Accounts payable1,970 2,078 Wildfire-related claims169 60 Accrued interest473 385 Regulatory liabilities490 1,347 Current portion of operating lease liabilities118 123 Other current liabilities1,869 1,495 Total current liabilities7,843 7,290 Long-term debt (includes $1,444 and $1,468 related to a VIE at respective dates)30,159 29,266 Deferred income taxes and credits9,451 8,697 Pensions and benefits85 92 Asset retirement obligations2,549 2,580 Regulatory liabilities11,066 10,159 Operating lease liabilities1,032 1,051 Wildfire-related claims568 941 Other