Company: SCE-PL
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000827052-25-000074
Chunk: 80

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 7
Chunk 80
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24Inflow/(Outflow)Net cash provided by operating activities$2,251 $1,530 $721 Net cash provided by financing activities897 1,135 (238)Net cash used in investing activities(2,999)(2,667)(332)Net increase (decrease) in cash, cash equivalents and restricted cash$149 $(2)$151 

Net Cash Provided by Operating Activities

The following table summarizes major categories of net cash for operating activities as provided in more detail in SCE's condensed consolidated statements of cash flows for the six months ended June 30, 2025 and 2024.

17

Six months ended June 30,Change(in millions)20252024Inflow/(Outflow)Net income$2,077 $678 Non-cash items12,065 1,434 Subtotal4,142 2,112 2,030 Changes in cash flow resulting from working capital229 (446)475 Regulatory assets and liabilities(1,600)(106)(1,494)Wildfire-related claims3(264)(148)(116)Other noncurrent assets and liabilities4(56)118 (174)Net cash provided by operating activities$2,251 $1,530 $721 

1Non-cash items include depreciation and amortization, equity allowance for funds used during construction, impairment, deferred income taxes, Wildfire Insurance Fund amortization expenses and other.

2Changes in working capital items include receivables, inventory, accounts payable, tax receivables and payables, derivative assets and liabilities and other current assets and liabilities.

3The amount in 2025 represents payments of $158 million for 2017/2018 Wildfire/Mudslide Events and $127 million for Other Wildfire Events, partially offset by an increase in wildfire estimated losses of $21 million. The amount in 2024 represents payments of $536 million for 2017/2018 Wildfire/Mudslide Events and $282 million for Other Wildfire Events, partially offset by an increase in wildfire estimated losses of $670 million.

4Includes nuclear decommissioning trusts. See "Nuclear Decommissioning Activities" below for further information. The amount in 2024 also includes cash received for certain state incentive programs to pass on customers. 

Net cash provided by operating activities was impacted by the following:

Net income and non-cash items increased by $2.0 billion primarily due to net earnings recorded in