v3.25.2
Condensed Consolidated Statements of Income - SCE - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating revenue $ 4,543 $ 4,336 $ 8,354 $ 8,414
Purchased power and fuel 1,157 1,234 2,204 2,242
Operation and maintenance 1,580 1,285 2,563 2,602
Wildfire-related claims, net of (recoveries) 0 0 (1,305) 615
Wildfire Insurance Fund expense 36 37 72 73
Depreciation and amortization 826 726 1,568 1,428
Property and other taxes 168 154 334 309
Other 1 0 9 0
Total operating expenses 3,768 3,436 5,445 7,269
Operating income 775 900 2,909 1,145
Interest expense (504) (480) (805) (924)
Other income, net 113 148 220 286
Income before income taxes 384 568 2,324 507
Income tax (benefit) expense (14) 59 434 (54)
Net income 343 439 1,779 428
Income available to common shareholders 343 439 1,778 428
SCE        
Operating revenue 4,532 4,324 8,334 8,388
Purchased power and fuel 1,157 1,234 2,204 2,242
Operation and maintenance 1,553 1,258 2,515 2,549
Wildfire-related claims, net of (recoveries) 0 0 (1,355) 614
Wildfire Insurance Fund expense 36 37 72 73
Depreciation and amortization 825 725 1,566 1,426
Property and other taxes 167 154 332 307
Other 0 0 8 0
Total operating expenses 3,738 3,408 5,342 7,211
Operating income 794 916 2,992 1,177
Interest expense (421) (408) (641) (782)
Other income, net 117 147 228 282
Income before income taxes 490 655 2,579 677
Income tax (benefit) expense 14 83 502 (1)
Net income 476 572 2,077 678
Less: Preference stock dividend requirements 33 49 67 90
Income available to common shareholders $ 443 $ 523 $ 2,010 $ 588