Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 626

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 626
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, net(32)(31)Total Edison International Parent and Other4,268 4,019 SCE:First and refunding mortgage bonds:2025 – 2053 (1.20% to 6.05%)27,400 24,700 Pollution-control bonds:2028 – 2035 (1.45% to 4.50%)752 752 Debentures and notes:2029 – 2053 (5.06% to 6.65%)306 306 Senior secured recovery bonds1:2028 – 2047 (0.86% to 5.11%)1,532 1,579 Other long-term debt2706 1,322 Current portion of long-term debt(1,249)(2,197)Unamortized debt discount/premium and issuance costs, net(181)(165)Total SCE29,266 26,297 Total Edison International$33,534 $30,316 1The senior secured recovery bonds are payable only from and secured by the Recovery Property at SCE Recovery Funding LLC, and do not constitute a debt or other legal obligation of, or interest in, SCE or any of its affiliates, except for SCE Recovery Funding LLC. For further details, see Note 3.2Subsequent to December 31, 2024 and 2023, SCE issued first and refunding mortgage bonds which were used to partially pay down its commercial paper balance. As a result, SCE included the paydown amount of $706 million and $722 million in other long-term debt at December 31, 2024 and 2023, respectively. The 2023 amount also includes a $600 million term loan with an interest rate of adjusted term secured overnight financing rate ("SOFR") plus 0.90% that matured in 2024.Edison International and SCE long-term debt maturities over the next five years are as follows:

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(in millions)EdisonInternationalSCE2025$2,049 $1,249 20261,900 1,900 20272,501 1,901 20282,942 1,792 20293,363 2,313 Debt Financing Subsequent to December 31, 2024In January 2025, SCE issued $850 million of 5.45% first and refunding mortgage bonds due in 2035 and $650 million of