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 |
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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 |
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- Definition Depreciation, Decommissioning and Amortization No definition available.
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- Definition Loss From Catastrophes (Net Of Insurance Recoveries) No definition available.
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- Definition Property and other taxes incurred that are directly related to operations of the business during the reporting period. No definition available.
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- Definition Utilities Operating Expense, Purchased Power and Fuel No definition available.
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- Definition Wildlife Insurance Fund, Amortization No definition available.
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of operating expense for routine plant maintenance, repairs and operations of regulated operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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