Company: SCE-PL
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000827052-25-000100
Chunk: 99

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-10-28
Form: 10-Q
Item: Item 7
Chunk 99
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5 and 2024, respectively. In addition, SCE had a net redemption of nuclear decommissioning trust investments of $104 million and $70 million during the nine months ended September 30, 2025 and 2024, respectively. See "Nuclear Decommissioning Activities" below for further discussion.

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Nuclear Decommissioning Activities 

SCE's condensed consolidated statements of cash flows include nuclear decommissioning activities, which are reflected in the following line items:

Nine months ended September 30,Change(in millions)20252024Inflow/(Outflow)Net cash used in operating activities:Net earnings from nuclear decommissioning trust investments$35 $33 $2 SCE's decommissioning costs(131)(162)31 (96)(129)33 Net cash provided by investing activities:Proceeds from sale of investments4,502 3,558 944 Purchases of investments(4,398)(3,488)(910)104 70 34 Net cash inflow (outflow)$8 $(59)$67 

Net cash used in operating activities relates to interest and dividends less administrative expenses, taxes and SCE's decommissioning costs. Investing activities represent the purchase and sale of investments within the nuclear decommissioning trusts, including the reinvestment of earnings from nuclear decommissioning trust investments. The net cash impact reflects timing of decommissioning payments ($131 million and $162 million in 2025 and 2024, respectively) and reimbursements to SCE from the nuclear decommissioning trust ($141 million and $151 million in 2025 and 2024, respectively). The net cash outflow in 2024 also includes $19 million of tax benefits received and a $30 million disallowance under the 2021 NDCTP, both contributed by SCE to the decommissioning trust.

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Edison International Parent and Other

The table below sets forth condensed historical cash flow from operations for Edison International Parent and Other, including intercompany eliminations.

Nine months ended September 30,Change(in millions)20252024Inflow/(Outflow)Net cash used in operating activities$(227)$(193)$(34)Net cash provided by financing activities176 176 — Net cash used in investing activities(5)(4)(1)Net decrease in cash, cash equivalents and restricted cash$(56)$(21)$(35)

Net Cash Used in Operating Activities

Net