Company: SCE-PL
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000827052-25-000100
Chunk: 145

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-10-28
Form: 10-Q
Item: Item 7
Chunk 145
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 Program, Edison International and SCE are currently unable to reasonably estimate a range of losses that may be incurred.Settlement of ClaimsThe following table presents settlements paid:(in millions)Inception to September 30, 2025Three months ended September 30, 2025Nine months ended September 30, 20252017/2018 Wildfire/Mudslide Events$9,662 $50 $208 Other Wildfire Events899 208 335 Eaton Fire225 225 225 Total $10,786 $483 $768 Edison International and SCE have not admitted wrongdoing or liability as part of any settlements related to the 2017/2018 Wildfire/Mudslide Events, the Other Wildfire Events, or the Eaton Fire. SCE continues to explore reasonable settlement opportunities with plaintiffs in outstanding wildfire litigation.Loss EstimatesThe following table presents changes in estimated losses since December 31, 2024:(in millions)2017/2018 Wildfire/Mudslide EventsOther Wildfire EventsEaton FireTotalBalance at December 31, 2024$426 $575 $— $1,001 Increase in accrued estimated losses— 21 300 321 Amounts paid(208)(335)(225)(768)Balance at September 30, 2025$218 $261 $75 $554 Edison International's and SCE's condensed consolidated balance sheets included fixed payments to be made under executed settlement agreements and accrued estimated losses presented in the tables below:(in millions)2017/2018 Wildfire/Mudslide EventsOther Wildfire EventsEaton FireTotalCurrent portion of wildfire-related claims liabilities1$34 $29 $35 $98 Long term wildfire-related claims liabilities2184 232 40 456 Total balance at September 30, 2025$218 $261 $75 $554 (in millions)2017/2018 Wildfire/Mudslide EventsOther Wildfire EventsTotalCurrent portion of wildfire-related claims liabilities1$48 $12 $60 Long term wildfire-related claims liabilities2378563941Total balance at December 31, 2024$426 $575 $1,001 1At September 30, 2025, current liabilities related to 2017/2018 Wildfire/Mudslide Events consisted of $14 million of settlements executed and $20 million of short-term payables under the SED Agreement. At