Company: SCE-PL
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000827052-25-000043
Chunk: 81

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 7
Chunk 81
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)Other current assets and liabilities(269)(334)Derivative assets and liabilities, net33 (17)Regulatory assets and liabilities, net(1,443)250 Wildfire-related insurance receivable12 — Wildfire-related claims(143)419 Other noncurrent assets and liabilities(1)(2)Net cash provided by operating activities1,254 1,086 Cash flows from financing activities:Long-term debt issued, net of discount and issuance costs of $38 and $24 for the respective periods2,962 2,976 Long-term debt repaid(1)(601)Short-term debt repaid— (375)Commercial paper repayments, net of borrowing(1,245)(656)Common stock dividends paid(430)(360)Preference stock dividends paid(34)(43)Other(16)(7)Net cash provided by financing activities1,236 934 Cash flows from investing activities:Capital expenditures(1,407)(1,278)Proceeds from sale of nuclear decommissioning trust investments1,406 1,258 Purchases of nuclear decommissioning trust investments(1,372)(1,257)Other— 1 Net cash used in investing activities(1,373)(1,276)Net increase in cash, cash equivalents and restricted cash1,117 744 Cash, cash equivalents and restricted cash at beginning of period565 398 Cash, cash equivalents and restricted cash at end of period$1,682 $1,142 

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

26

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Note 1.  Summary of Significant Accounting PoliciesOrganization and Basis of PresentationEdison International is the ultimate parent holding company of SCE and Edison Energy, LLC, doing business as Trio. SCE is an investor-owned public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area across Southern, Central, and Coastal California. Trio is a global energy advisory firm providing integrated sustainability and energy solutions to commercial, industrial, and institutional customers. Trio's business activities are currently not material to report as a separate business segment, and SCE is the single reportable segment. See "Segment Information" below for further discussion. These combined notes to the condensed consolidated financial statements apply to both Edison International and SCE unless otherwise described. Edison International's condensed consolidated financial statements include the accounts of