Company: SCE-PL
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000827052-25-000074
Chunk: 89

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 7
Chunk 89
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 common stock$443 $523 $2,010 $588 

Condensed Consolidated Statements of Comprehensive IncomeSouthern California Edison Company

Three months ended June 30,Six months ended June 30,(in millions, unaudited)2025202420252024Net income$476 $572 $2,077 $678 Other comprehensive income, net of tax:Pension and postretirement benefits other than pensions1 — 1 1 Other comprehensive income, net of tax1 — 1 1 Comprehensive income$477 $572 $2,078 $679 

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

27

Condensed Consolidated Balance SheetsSouthern California Edison Company

(in millions, unaudited)June 30,2025December 31,2024ASSETSCash and cash equivalents$77 $78 Receivables, less allowances of $310 and $347 for uncollectible accounts at respective dates1,899 2,160 Accrued unbilled revenue925 845 Inventory523 538 Prepaid expenses95 102 Regulatory assets2,805 2,748 Wildfire Insurance Fund contributions138 138 Other current assets417 415 Total current assets6,879 7,024 Nuclear decommissioning trusts4,324 4,286 Other investments53 38 Total investments4,377 4,324 Utility property, plant and equipment, less accumulated depreciation and amortization of $14,587 and $14,207 at respective dates60,797 59,047 Nonutility property, plant and equipment, less accumulated depreciation of $107 and $108 at respective dates194 199 Total property, plant and equipment60,991 59,246 Receivables, less allowances of $47 and $43 for uncollectible accounts at respective dates61 62 Regulatory assets (include $1,488 and $1,512 related to a VIE at respective dates)10,487 8,886 Wildfire Insurance Fund contributions1,809 1,878 Operating lease right-of-use assets1,150 1,174 Long-term insurance receivables98 131 Long-term insurance receivables due from affiliate282 303 Other long-term assets2,510 2,317 Total other assets16,397 14,751 Total assets