Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 388

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 388
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8At December 31, 2024 and 2023, respectively, 56% and 57% are invested in Level 1 corporate bond funds, 10% and 13% in a fixed income fund used for cash management, and 34% and 28% in a US equity fund. At December 31, 2024 and 2023, respectively, approximately 64% and 62% of the publicly traded equity investments, including equities in the common/collective funds, were located in the United States.Postretirement Benefits Other than PensionsThe following table sets forth the VEBA Trust assets for Edison International and SCE that were accounted for at fair value as of December 31, 2024 and 2023, respectively, by asset class and level within the fair value hierarchy:December 31, 2024(in millions)Level 1Level 2NAV1TotalU.S. government and agency securities2$489 $51 $— $540 Corporate stocks381 2 — 83 Corporate notes and bonds4— 1,126 — 1,126 Common/collective funds5— — 235 235 Partnerships6— — 119 119 Registered investment companies752 — — 52 Interest bearing cash— 45 — 45 Other8— 95 — 95 Total$622 $1,319 $354 $2,295 Receivables and payables, net(14)Net plan assets available for benefits$2,281 

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December 31, 2023(in millions)Level 1Level 2NAV1TotalU.S. government and agency securities2$569 $84 $— $653 Corporate stocks385 2 — 87 Corporate notes and bonds4— 1,064 — 1,064 Common/collective funds5— — 222 222 Partnerships6— — 124 124 Registered investment companies747 — — 47 Interest bearing cash— 29 — 29 Other82 70 — 72 Total$703 $1,249 $346 $2,298 Receivables and payables, net(23)Net plan assets available for benefits$2,275 1These investments are measured at fair value using the