Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 82

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 82
---
,375 Operation and maintenance5,172 4,138 4,724 Wildfire-related claims, net of insurance recoveries652 667 1,313 Wildfire Insurance Fund expense146 213 214 Depreciation and amortization2,866 2,635 2,561 Property and other taxes624 571 501 Impairment, net of other operating income— 1 49 Total operating expenses14,669 13,711 15,737 Operating income2,930 2,627 1,483 Interest expense(1,869)(1,612)(1,169)Other income, net502 500 348 Income before income taxes1,563 1,515 662 Income tax expense (benefit)17 108 (162)Net income1,546 1,407 824 Less: Preference stock dividend requirements of SCE175 123 107 Preferred stock dividend requirements of Edison International87 87 105 Net income available to Edison International common shareholders1,284 1,197 612 Basic earnings per share:Weighted average shares of common stock outstanding386383381Basic earnings per common share available to Edison International common shareholders$3.33$3.12$1.61Diluted earnings per share:Weighted average shares of common stock outstanding, including effect of dilutive securities388385383Diluted earnings per common share available to Edison International common shareholders$3.31$3.11$1.60

The accompanying notes are an integral part of these consolidated financial statements.

49

Table of Contents

Consolidated Statements of Comprehensive IncomeEdison International

Years ended December 31,(in millions)202420232022Net income$1,546 $1,407 $824 Other comprehensive income (loss), net of tax:Pension and postretirement benefits other than pensions9 (1)43 Foreign currency translation adjustments— 3 — Other comprehensive income, net of tax9 2 43 Comprehensive income1,555 1,409 867 Less: Comprehensive income attributable to noncontrolling interests175 123 107 Comprehensive income attributable to Edison International$1,380 $1,286 $760 

The accompanying notes are an integral part of these consolidated financial statements.

50

Table of Contents

Consolidated Balance SheetsEdison International

December 31,(in millions)202