v3.25.2
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash
The following table sets forth the cash, cash equivalents and restricted cash included in the condensed consolidated statements of cash flows:
Edison InternationalSCE
(in millions)June 30,
2025		December 31,
2024		June 30,
2025		December 31,
2024
Cash and cash equivalents1
$140 $193 $77 $78 
Short-term restricted cash2
30 40 28 36 
Long-term restricted cash3
609 451 609 451 
Total cash, cash equivalents and restricted cash$779 $684 $714 $565 
1Cash equivalents consist of investments in money market funds. Generally, the carrying value of cash equivalents equals the fair value, as these investments have original maturities of three months or less.
2Includes SCE Recovery Funding LLC's restricted cash for payments of senior secured recovery bonds and is reflected in "Other current assets" on Edison International's and SCE's condensed consolidated balance sheets.
3The SCE amount represents cash collected for customer-funded wildfire self-insurance and is reflected in "Other long-term assets" on Edison International's and SCE's condensed consolidated balance sheets. See Note 12 for further information.
Schedule of Changes in Allowance for Uncollectible Accounts
The following table sets forth the changes in allowance for uncollectible accounts for SCE:
Three months ended June 30, 2025Three months ended June 30, 2024
(in millions)CustomersAll others
Total3
CustomersAll othersTotal
Beginning balance$322 $18 $340 $347 $16 $363 
Current period provision for uncollectible accounts1
82 6 88 54 3 57 
Write-offs, net of recoveries(69)(2)(71)(52)(4)(56)
Ending balance$335 $22 $357 $349 $15 $364 
Six months ended June 30, 2025Six months ended June 30, 2024
(in millions)CustomersAll others
Total3
CustomersAll othersTotal
Beginning balance$372 $18 $390 $347 $17 $364 
Current period provision for uncollectible accounts2
160 9 169 114 4 118 
Write-offs, net of recoveries(197)(5)(202)(112)(6)(118)
Ending balance$335 $22 $357 $349 $15 $364 
1This includes $69 million and $46 million of incremental costs, for the three months ended June 30, 2025 and 2024, respectively, which were probable of recovery from customers and recorded as regulatory assets.
2This includes $135 million and $96 million of incremental costs, for the six months ended June 30, 2025 and 2024, respectively, which were probable of recovery from customers and recorded as regulatory assets.
3Approximately $47 million and $43 million of allowance for uncollectible accounts are included in "Other long-term assets" on SCE's condensed consolidated balance sheets as of June 30, 2025 and December 31, 2024, respectively.
Schedule of EPS Available to Edison International Common Shareholders
EPS available to Edison International common shareholders was computed as follows:
Three months ended June 30,Six months ended June 30,
(in millions, except per-share amounts)2025202420252024
Basic earnings per share:
Net income available to Edison International common shareholders$343 $439 $1,779 $428 
Earnings allocated to participating securities— — (1)— 
Income available to common shareholders$343 $439 $1,778 $428 
Weighted average common shares outstanding385 385 385 385 
Basic earnings per share$0.89 $1.14 $4.62 $1.11 
Diluted earnings per share:
Income available to common shareholders$343 $439 $1,778 $428 
Add back: Earnings allocated to participating securities— 1 1 1 
Net income available to Edison International common shareholders$343 $440 $1,779 $429 
Weighted average common shares outstanding385 385 385 385 
Effect of dilutive securities1 3 1 2 
Adjusted weighted average shares – diluted386 388 386 387 
Diluted earnings per share$0.89 $1.13 $4.61 $1.11