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Revenue | Note 7. Revenue The following table is a summary of SCE's revenue:
1Since January 1, 2025, and until a GRC decision is issued, SCE is recognizing revenue based on the 2024 authorized revenue requirement, adjusted to reflect the 2025 CPUC-authorized ROE. For further information, see Note 1. 2At June 30, 2025 and December 31, 2024, SCE's receivables related to contracts from customers were $2.7 billion and $2.9 billion, respectively, which include accrued unbilled revenue of $925 million and $845 million, respectively. 3Includes differences between revenues from contracts with customers and authorized levels for certain CPUC and FERC revenues. Deferred Revenue As of June 30, 2025, SCE has deferred revenue of $348 million related to the sale of the use of transfer capability of West of Devers transmission line, of which $13 million and $335 million are included in "Other current liabilities" and "Other deferred credits and other long-term liabilities," respectively, on SCE's condensed consolidated balance sheets. The deferred revenue is amortized straight-line over the period of 30 years starting in 2021.
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