Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 206

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1A
Chunk 206
---
2,930 2,627 1,483 Interest expense(1,869)(1,612)(1,169)Other income, net502 500 348 Income before income taxes1,563 1,515 662 Income tax expense (benefit)17 108 (162)Net income1,546 1,407 824 Less: Preference stock dividend requirements of SCE175 123 107 Preferred stock dividend requirements of Edison International87 87 105 Net income available to Edison International common shareholders1,284 1,197 612 Basic earnings per share:Weighted average shares of common stock outstanding386383381Basic earnings per common share available to Edison International common shareholders$3.33$3.12$1.61Diluted earnings per share:Weighted average shares of common stock outstanding, including effect of dilutive securities388385383Diluted earnings per common share available to Edison International common shareholders$3.31$3.11$1.60

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

49

Table of Contents

Consolidated Statements of Comprehensive IncomeEdison International

Years ended December 31,(in millions)202420232022Net income$1,546 $1,407 $824 Other comprehensive income (loss), net of tax:Pension and postretirement benefits other than pensions9 (1)43 Foreign currency translation adjustments— 3 — Other comprehensive income, net of tax9 2 43 Comprehensive income1,555 1,409 867 Less: Comprehensive income attributable to noncontrolling interests175 123 107 Comprehensive income attributable to Edison International$1,380 $1,286 $760 

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

50

Table of Contents

Consolidated Balance SheetsEdison International

December 31,(in millions)20242023ASSETSCash and cash equivalents$193 $345 Receivables, less allowances of $352 and $360 for uncollectible accounts at respective dates2,169 2,016 Accrued unbilled revenue848 742 Inventory538 527 Prepaid expenses103 112 Regulatory assets2,748 2,524 Wildfire Insurance Fund contributions138 204 Other current assets418 341 Total current assets7,155 6,811 Nuclear decom