Company: SCE-PL
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000827052-25-000074
Chunk: 8

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 8
Chunk 8
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10-K"). This quarterly report should be read in conjunction with the financial statements and notes included in the 2024 Form 10-K.In the opinion of management, all adjustments, consisting only of adjustments of a normal recurring nature, have been made that are necessary to fairly state the condensed consolidated financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States ("GAAP") for the periods covered by this quarterly report on Form 10-Q. The results of operations for the interim periods presented are not necessarily indicative of the operating results for the full year.The December 31, 2024 financial statement data was derived from the audited financial statements, but does not include all disclosures required by GAAP for complete annual financial statements.Segment InformationFor information on Edison International's and SCE's segment information, see Note 1 in the 2024 Form 10-K. In addition, for the three and six months ended June 30, 2025 and 2024, Edison International's and SCE's significant segment expenses agree to those disclosed in the condensed consolidated statements of income. As of June 30, 2025 and 2024, the measures of Edison International's and SCE's segment assets are reported on Edison International's and SCE's condensed consolidated balance sheets, respectively, as total assets.Cash, Cash Equivalents and Restricted CashThe following table sets forth the cash, cash equivalents and restricted cash included in the condensed consolidated statements of cash flows:

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Edison InternationalSCE(in millions)June 30,2025December 31,2024June 30,2025December 31,2024Cash and cash equivalents1$140 $193 $77 $78 Short-term restricted cash230 40 28 36 Long-term restricted cash3609 451 609 451 Total cash, cash equivalents and restricted cash$779 $684 $714 $565 1Cash equivalents consist of investments in money market funds. Generally, the carrying value of cash equivalents equals the fair value, as these investments have original maturities of three months or less.2Includes SCE Recovery Funding LLC's restricted cash for payments of senior secured recovery bonds and is reflected in "Other current assets" on Edison International's and SCE's condensed consolidated balance sheets.3The SCE amount represents cash collected for customer-funded wildfire self-insurance and is reflected in "Other long-term assets" on Edison International's and SCE's condensed consolidated balance sheets. See Note