v3.25.2
Condensed Consolidated Balance Sheets - SCE - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 140 $ 193
Receivables, less allowances of $310 and $347 for uncollectible accounts at respective dates 1,902 2,169
Accrued unbilled revenue 927 848
Inventory 523 538
Prepaid expenses 96 103
Regulatory assets 2,805 2,748
Wildfire Insurance Fund contributions 138 138
Other current assets 419 418
Total current assets 6,950 7,155
Nuclear decommissioning trusts 4,324 4,286
Other investments 63 57
Total investments 4,387 4,343
Utility property, plant and equipment, less accumulated depreciation and amortization of $14,587 and $14,207 at respective dates 60,797 59,047
Nonutility property, plant and equipment, less accumulated depreciation of $107 and $108 at respective dates 202 207
Total property, plant and equipment 60,999 59,254
Receivables, less allowances of $47 and $43 for uncollectible accounts at respective dates 61 62
Regulatory assets (include $1,488 and $1,512 related to a Variable Interest Entity ("VIE") at respective dates) 10,487 8,886
Wildfire Insurance Fund contributions 1,809 1,878
Operating lease right-of-use assets 1,156 1,180
Long-term insurance receivables 365 418
Other long-term assets 2,599 2,403
Total other assets 16,477 14,827
Total assets 88,813 85,579
LIABILITIES AND EQUITY    
Short-term debt 700 998
Current portion of long-term debt 2,699 2,049
Accounts payable 1,962 2,000
Wildfire-related claims 169 60
Accrued interest 520 422
Regulatory liabilities 490 1,347
Current portion of operating lease liabilities 120 124
Other current liabilities 1,305 1,439
Total current liabilities 7,965 8,439
Long-term debt (includes $1,444 and $1,468 related to a VIE at respective dates) 34,971 33,534
Deferred income taxes and credits 7,884 7,180
Pensions and benefits 371 384
Asset retirement obligations 2,549 2,580
Regulatory liabilities 11,066 10,159
Operating lease liabilities 1,036 1,056
Wildfire-related claims 568 941
Other deferred credits and other long-term liabilities 3,542 3,566
Total deferred credits and other liabilities 27,016 25,866
Total liabilities 69,952 67,839
Commitments and contingencies (Note 12)
Preference stock 1,645 1,645
Common stock, no par value (560,000,000 shares authorized; 434,888,104 shares issued and outstanding at respective dates) 6,330 6,353
Accumulated other comprehensive income 2 0
Retained earnings 8,709 7,567
Total equity 16,686 15,565
Total liabilities and equity 88,813 85,579
SCE    
ASSETS    
Cash and cash equivalents 77 78
Receivables, less allowances of $310 and $347 for uncollectible accounts at respective dates 1,899 2,160
Accrued unbilled revenue 925 845
Inventory 523 538
Prepaid expenses 95 102
Regulatory assets 2,805 2,748
Wildfire Insurance Fund contributions 138 138
Other current assets 417 415
Total current assets 6,879 7,024
Nuclear decommissioning trusts 4,324 4,286
Other investments 53 38
Total investments 4,377 4,324
Utility property, plant and equipment, less accumulated depreciation and amortization of $14,587 and $14,207 at respective dates 60,797 59,047
Nonutility property, plant and equipment, less accumulated depreciation of $107 and $108 at respective dates 194 199
Total property, plant and equipment 60,991 59,246
Receivables, less allowances of $47 and $43 for uncollectible accounts at respective dates 61 62
Regulatory assets (include $1,488 and $1,512 related to a Variable Interest Entity ("VIE") at respective dates) 10,487 8,886
Wildfire Insurance Fund contributions 1,809 1,878
Operating lease right-of-use assets 1,150 1,174
Other long-term assets 2,510 2,317
Total other assets 16,397 14,751
Total assets 88,644 85,345
LIABILITIES AND EQUITY    
Short-term debt 455 553
Current portion of long-term debt 2,299 1,249
Accounts payable 1,970 2,078
Wildfire-related claims 169 60
Accrued interest 473 385
Regulatory liabilities 490 1,347
Current portion of operating lease liabilities 118 123
Other current liabilities 1,869 1,495
Total current liabilities 7,843 7,290
Long-term debt (includes $1,444 and $1,468 related to a VIE at respective dates) 30,159 29,266
Deferred income taxes and credits 9,451 8,697
Pensions and benefits 85 92
Asset retirement obligations 2,549 2,580
Regulatory liabilities 11,066 10,159
Operating lease liabilities 1,032 1,051
Wildfire-related claims 568 941
Other deferred credits and other long-term liabilities 3,496 3,518
Total deferred credits and other liabilities 28,247 27,038
Total liabilities 66,249 63,594
Commitments and contingencies (Note 12)
Preference stock 2,220 2,220
Common stock, no par value (560,000,000 shares authorized; 434,888,104 shares issued and outstanding at respective dates) 2,168 2,168
Additional paid-in capital 8,943 8,950
Accumulated other comprehensive income (8) (9)
Retained earnings 9,072 8,422
Total equity 22,395 21,751
Total liabilities and equity 88,644 85,345
SCE | Nonrelated Party    
ASSETS    
Long-term insurance receivables 98 131
SCE | Affiliated Entity    
ASSETS    
Long-term insurance receivables $ 282 $ 303