Company: SCE-PL
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000827052-25-000100
Chunk: 100

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-10-28
Form: 10-Q
Item: Item 7
Chunk 100
---
 cash used in operating activities increased by $34 million in 2025 compared to 2024. This was primarily due to $50 million wildfire-related claims and related legal expenses paid by EIS to SCE (for further information, see "Notes to Condensed Consolidated Financial Statements—Note 12. Commitments and Contingencies—Contingencies—Southern California Wildfires and Mudslides"), and $61 million higher interest and operating costs, partially offset by $77 million collection from SCE. 

Net Cash Provided by Financing Activities

Net cash provided by financing activities was as follows:

Nine months ended September 30,Change(in millions)20252024Inflow/(Outflow)Dividends paid to Edison International common shareholders$(955)$(896)$(59)Dividends paid to Edison International preferred shareholders(87)(88)1 Dividends received from SCE1,290 720 570 Long-term debt issuance, net of discount and issuance costs539 496 43 Receipt from stock option exercises— 204 (204)Long-term debt repayments(800)— (800)Issuance of short-term debt100 — 100 Repayments of short-term debt(20)(15)(5)Common stock repurchased(32)— (32)Preferred stock repurchased— (28)28 Commercial paper financing, net135 (208)343 Other6 (9)15 Net cash provided by financing activities$176 $176 $— 

Contingencies

Edison International's and SCE's material contingencies are discussed in "Notes to Condensed Consolidated Financial Statements—Note 12. Commitments and Contingencies—Contingencies."

MARKET RISK EXPOSURES

Edison International's and SCE's primary market risks are described in the 2024 Form 10-K, and there have been no material changes during the nine months ended September 30, 2025. For further discussion of market risk exposures, including commodity price risk, and credit risk, see "Notes to Condensed Consolidated Financial Statements—Note 4. Fair Value Measurements" and "Note 6. Derivative Instruments."

CRITICAL ACCOUNTING ESTIMATES AND POLICIES

For a discussion of Edison International's and SCE's critical accounting policies, see "Critical Accounting Estimates and Policies" in the 2024 MD&A.

24

Table of Contents

In addition, for additional information regarding the Wildfire Insurance Fund,