v3.26.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash
The following table sets forth the cash, cash equivalents, restricted cash and restricted cash equivalents included in the condensed consolidated statements of cash flows:
Edison InternationalSCE
(in millions)June 30,
2026		December 31,
2025		June 30,
2026		December 31,
2025
Cash and cash equivalents1
$242 $158 $171 $98 
Short-term restricted cash and cash equivalents2
355 552 355 549 
Long-term restricted cash and cash equivalents3
127 10 127 10 
Total cash and cash equivalents and restricted cash and cash equivalents$724 $720 $653 $657 
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 cash collected for customer-funded wildfire self-insurance related to settlements (see Note 12 for further information). Both are reflected in "Other current assets" on Edison International's and SCE's condensed consolidated balance sheets.
3Represents 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, 2026Three months ended June 30, 2025
(in millions)CustomersAll others
Total
CustomersAll othersTotal
Beginning balance$344 $42 $386 $322 $18 $340 
Current period provision for uncollectible accounts1
64 4 68 82 6 88 
Write-offs, net of recoveries(76)(1)(77)(69)(2)(71)
Ending balance$332 $45 $377 $335 $22 $357 
Six months ended June 30, 2026Six months ended June 30, 2025
(in millions)CustomersAll others
Total
CustomersAll othersTotal
Beginning balance$360 $42 $402 $372 $18 $390 
Current period provision for uncollectible accounts2
124 6 130 160 9 169 
Write-offs, net of recoveries(152)(3)(155)(197)(5)(202)
Ending balance$332 $45 $377 $335 $22 $357 
1This includes $47 million and $69 million of incremental costs, for the three months ended June 30, 2026 and 2025, respectively, which were probable of recovery from customers and recorded as regulatory assets.
2This includes $91 million and $135 million of incremental costs, for the six months ended June 30, 2026 and 2025, respectively, which were probable of recovery from customers and recorded as regulatory assets.
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)2026202520262025
Basic earnings per share:
Net income available to Edison International common shareholders$534 $343 $1,065 $1,779 
Earnings allocated to participating securities— — — (1)
Income available to common shareholders$534 $343 $1,065 $1,778 
Weighted average common shares outstanding385 385 385 385 
Basic earnings per share$1.39 $0.89 $2.77 $4.62 
Diluted earnings per share:
Income available to common shareholders$534 $343 $1,065 $1,778 
Add back: Earnings allocated to participating securities— — — 1 
Net income available to Edison International common shareholders$534 $343 $1,065 $1,779 
Weighted average common shares outstanding385 385 385 385 
Effect of dilutive securities2 1 2 1 
Adjusted weighted average shares – diluted387 386 387 386 
Diluted earnings per share$1.38 $0.89 $2.75 $4.61