Company: SCE-PL
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000827052-25-000074
Chunk: 136

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 7
Chunk 136
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 as follows:Three months endedJune 30,Six months endedJune 30,(in millions)2025202420252024SCE other income (expense):Equity AFUDC$47 $49 $93 $96 Increase in cash surrender value of life insurance policies and life insurance benefits19 13 29 25 Interest income38 72 81 136 Net periodic benefit income – non-service components21 22 42 44 Civic, political and related activities and donations(6)(5)(11)(12)Other(2)(4)(6)(7)Total SCE other income, net117 147 228 282 Other income (expense) of Edison International Parent and Other:Net loss on equity securities(5)— (10)— Interest income and other1 1 2 4 Total Edison International other income, net$113 $148 $220 $286 

Note 16. Supplemental Cash Flows Information

Supplemental cash flows information is:Edison InternationalSCESix months ended June 30,(in millions)2025202420252024Cash payments (receipts):Interest, net of amounts capitalized$793 $746 $643 $607 Income taxes, net— — — — Non-cash financing and investing activities:Dividends declared but not paid:Common stock318 301 930 360 SCE's accrued capital expenditures at June 30, 2025 and 2024 were $565 million and $488 million, respectively. Accrued capital expenditures are included in investing activities in the condensed consolidated statements of cash flows in the periods paid.

Note 17. Related-Party Transactions

In July 2022, SCE purchased wildfire liability insurance for premiums of $273 million from EIS, for the period to June 30, 2023. SCE subsequently did not renew or purchase wildfire liability insurance from EIS for additional periods. In lieu of obtaining wildfire liability insurance from the commercial insurance market, SCE implemented its customer-funded wildfire self-insurance program beginning July 1, 2023. In addition, one of the EIS wildfire liability insurance policies was amended in February 2025 to reimburse SCE for $50 million in claim costs and related legal expenses for a wildfire occurring during the July 1, 2022 through June 30, 2023 policy period. For further information, see Note 12. The expected insurance recover