Company: SCE-PL
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000827052-25-000074
Chunk: 91

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 7
Chunk 91
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469 (3)Wildfire Insurance Fund amortization expense72 73 Other51 9 Nuclear decommissioning trusts(102)(41)Changes in operating assets and liabilities:Receivables242 (84)Inventory12 (10)Accounts payable(28)115 Other current assets and liabilities(241)(442)Derivative assets and liabilities, net44 (25)Regulatory assets and liabilities, net(1,600)(106)Wildfire-related insurance receivable53 — Wildfire-related claims(264)(148)Other noncurrent assets and liabilities(7)159 Net cash provided by operating activities2,251 1,530 Cash flows from financing activities:Long-term debt issued, net of discount and issuance costs of $38 and $31 for the respective periods2,962 3,719 Long-term debt repaid(326)(1,725)Short-term debt repaid— (381)Preference stock issued, net of issuance cost— 345 Preference stock redeemed— (350)Commercial paper (repayments) borrowing, net(795)342 Common stock dividends paid(860)(720)Preference stock dividends paid(67)(88)Other(17)(7)Net cash provided by financing activities897 1,135 Cash flows from investing activities:Capital expenditures(3,118)(2,698)Proceeds from sale of nuclear decommissioning trust investments2,680 2,477 Purchases of nuclear decommissioning trust investments(2,580)(2,455)Other19 9 Net cash used in investing activities(2,999)(2,667)Net increase (decrease) in cash, cash equivalents and restricted cash149 (2)Cash, cash equivalents and restricted cash at beginning of period565 398 Cash, cash equivalents and restricted cash at end of period$714 $396 

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

30

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Note 1.  Summary of Significant Accounting PoliciesOrganization 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