Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 683

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 683
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 all of the Series E preference stock. In November 2024, Series H preference stock was redeemed. 

Shares of Series G, H, J, K, L, M and N preference stock were issued to SCE Trust II, SCE Trust III, SCE Trust IV, SCE Trust V, SCE Trust VI, SCE Trust VII and SCE Trust VIII, respectively, special purpose entities formed to issue trust securities to the public. The trust securities do not have a maturity date and upon redemption of any shares of the series of preference stock, a corresponding dollar amount of the trust securities will be redeemed by the applicable trust. The applicable trust will make distributions at the same rate and on the same dates on the applicable series of trust securities, if and when the SCE's Board of Directors declares and makes dividend payments on the related preference stock. 

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Table of Contents

Note 15. Accumulated Other Comprehensive Loss

The changes in accumulated other comprehensive loss, net of tax, consist of:Edison InternationalSCEYears ended December 31,(in millions)2024202320242023Beginning balance$(9)$(11)$(12)$(8)Pension and PBOP:Other comprehensive (loss) income before reclassifications7 (2)1 (5)Reclassified from accumulated other comprehensive loss12 1 2 1 Foreign currency translation adjustments— 3 — — Change9 2 3 (4)Ending balance$— $(9)$(9)$(12)1These items are included in the computation of net periodic pension and PBOP Plan expense. See Note 9 for additional information.

Note 16. Other Income, Net

Other income net of expenses is as follows:Years ended December 31,(in millions)202420232022SCE other income (expense):Equity AFUDC$187 $157 $137 Increase in cash surrender value of life insurance policies and life insurance benefits42 37 42 Interest income250 261 80 Net periodic benefit income – non-service components91 100 136 Civic, political and related activities and donations(63)(42)(42)Other(14)(16)(16)Total SCE other income, net493 497 337 Other income (expense) of Edison International Parent and Other:Net (losses) gains on equity securities— (3)1 Interest income and other9 6 10 Total Edison International other income, net$502