Company: SCE-PL
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000827052-25-000074
Chunk: 97

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 7
Chunk 97
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 and income taxes paid. The guidance also eliminates certain existing disclosure requirements related to uncertain tax positions and unrecognized deferred tax liabilities. The guidance is effective for annual periods after January 1, 2025 with early adoption permitted. The guidance is applied prospectively. Edison International and SCE will apply this standard for their annual filings for the year ended December 31, 2025 and do not expect the adoption of this standard to materially affect the annual disclosures.In November 2024, the FASB issued an accounting standards update requiring public entities to provide disaggregated disclosure of income statement expenses. The guidance does not change the expense captions an entity presents on the face of the income statement, rather, it requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements. The guidance is effective for annual disclosure for the year ended December 31, 2027 and subsequent interim periods with early adoption permitted. The guidance is applied prospectively. Edison International and SCE are currently evaluating the impact of the new guidance.

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Note 2.  Condensed Consolidated Statements of Changes in EquityThe following tables provide Edison International's changes in equity:Equity Attributable to Edison International ShareholdersNoncontrollingInterests(in millions, except per share amounts)PreferredStockCommonStockAccumulatedOtherComprehensiveIncomeRetainedEarningsSubtotalPreferenceStockTotalEquityBalance at December 31, 2024$1,645 $6,353 $— $7,567 $15,565 $2,175 $17,740 Net income— — — 1,458 1,458 34 1,492 Common stock issued— 2 — — 2 — 2 Common stock repurchased— (29)— — (29)— (29)Common stock dividends declared ($0.8275 per share)— — — (319)(319)— (319)Preferred stock dividend declared ($26.875 per share for Series A and $25.00 per share for Series B)— — — (44)(44)— (44)Dividends to noncontrolling interests ($31.250 - $46.875 per share for preference stock)— — — — — (34)(34)Shares withheld for tax withholdings on vested equity awards— (21)— — (21)— (21)Noncash stock-based compensation