Company: SCE-PL
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000827052-25-000043
Chunk: 2

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 2
---
,430 10,159 Operating lease liabilities1,046 1,056 Wildfire-related claims803 941 Other deferred credits and other long-term liabilities3,529 3,566 Total deferred credits and other liabilities26,467 25,866 Total liabilities69,623 67,839 Commitments and contingencies (Note 12)Preferred stock (50,000,000 shares authorized; 1,159,317 shares of Series A and 503,454  shares of Series B issued and outstanding at respective dates)1,645 1,645 Common stock, no par value (800,000,000 shares authorized; 384,763,662 and 384,784,719 shares issued and outstanding at respective dates)6,315 6,353 Retained earnings8,662 7,567 Total Edison International's shareholders' equity16,622 15,565 Noncontrolling interests – preference stock of SCE2,175 2,175 Total equity18,797 17,740 Total liabilities and equity$88,420 $85,579 

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

21

Condensed Consolidated Statements of Cash FlowsEdison International

Three Months Ended March 31,(in millions, unaudited)20252024Cash flows from operating activities:Net income$1,492 $52 Adjustments to reconcile to net cash provided by operating activities:Depreciation and amortization742 707 Equity allowance for funds used during construction(46)(47)Impairment8 — Deferred income taxes 421 (114)Wildfire Insurance Fund amortization expense36 36 Other28 13 Nuclear decommissioning trusts(34)(20)Changes in operating assets and liabilities:Receivables269 84 Inventory(1)5 Accounts payable70 (19)Tax receivables and payables14 (2)Other current assets and liabilities(235)(300)Derivative assets and liabilities, net33 (17)Regulatory assets and liabilities, net(1,443)250 Wildfire-related insurance receivable12 — Wildfire-related claims(143)419 Other noncurrent assets and liabilities1 (4)Net cash provided by operating activities1,224 1,043 Cash flows from financing activities:Long-term debt issued, net of discount and issuance costs of