v3.26.1
Condensed Consolidated Statements of Income - SCE - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating revenue $ 4,357 $ 4,543 $ 8,460 $ 8,354
Purchased power and fuel 1,137 1,157 2,107 2,204
Operation and maintenance 1,071 1,580 2,088 2,563
Wildfire-related claims, net of (recoveries) 18 0 13 (1,305)
Wildfire Fund expense 36 36 71 72
Depreciation and amortization 834 826 1,668 1,568
Property and other taxes 171 168 350 334
Other (2) 1 (3) 9
Total operating expenses 3,265 3,768 6,294 5,445
Operating income 1,092 775 2,166 2,909
Interest expense (514) (504) (1,038) (805)
Other income, net 97 113 218 220
Income before income taxes 675 384 1,346 2,324
Income tax expense (benefit) 114 (14) 215 434
Net income 534 343 1,065 1,779
Income available to common shareholders 534 343 1,065 1,778
SCE        
Operating revenue 4,348 4,532 8,444 8,334
Purchased power and fuel 1,137 1,157 2,107 2,204
Operation and maintenance 1,041 1,553 2,039 2,515
Wildfire-related claims, net of (recoveries) 17 0 14 (1,355)
Wildfire Fund expense 36 36 71 72
Depreciation and amortization 833 825 1,666 1,566
Property and other taxes 169 167 347 332
Other (2) 0 (2) 8
Total operating expenses 3,231 3,738 6,242 5,342
Operating income 1,117 794 2,202 2,992
Interest expense (415) (421) (845) (641)
Other income, net 117 117 238 228
Income before income taxes 819 490 1,595 2,579
Income tax expense (benefit) 150 14 278 502
Net income 669 476 1,317 2,077
Less: Preference stock dividend requirements 26 33 55 67
Income available to common shareholders $ 643 $ 443 $ 1,262 $ 2,010