Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 92

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 92
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 $143.75 per share)— — — — (123)(123)Stock-based compensation— — (13)— — (13)Noncash stock-based compensation— — 26 — — 26 Preference stock issued550—(8)——542Balance at December 31, 2023$2,495 $2,168 $8,446 $(12)$8,307 $21,404 Net income— — — — 1,794 1,794 Other comprehensive income— — — 3 — 3 Capital contribution from Edison International Parent— — 500 — — 500 Dividends declared on common stock ($3.4722 per share)— — — — (1,510)(1,510)Dividends declared on preference stock ($24.418 - $199.479 per share)— — — — (154)(154)Stock-based compensation— — (35)— — (35)Noncash stock-based compensation— — 32 — — 32 Preference stock issued350 — (5)— — 345 Preference stock redeemed(625)— 12 — (15)(628)Balance at December 31, 2024$2,220 $2,168 $8,950 $(9)$8,422 $21,751 

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

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Table of Contents

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1. Summary of Significant Accounting Policies

Organization and Basis of PresentationEdison International is the ultimate parent holding company of SCE and Edison Energy, LLC, doing business as Trio. SCE is an investor-owned public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area across Southern, Central, and Coastal California. Trio is a global energy advisory firm providing integrated sustainability and energy solutions to commercial, industrial, and institutional customers. Trio's business activities are currently not material to report as a separate business segment, and SCE is the single reportable segment. See "Segment Information" below for further discussion.These combined notes to the consolidated financial statements apply to both Edison International and SCE unless otherwise described. Edison International's consolidated financial statements include the accounts of Edison International, SCE, and other controlled subsidiaries.