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v3.4.0.3

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2016 | Mar. 31, 2015
Total operating revenue | $ 2,440 | $ 2,512
Purchased power and fuel | 794 | 786
Operation and maintenance | 629 | 636
Depreciation, decommissioning and amortization | 477 | 463
Property and other taxes | 92 | 89
Total operating expenses | 1,992 | 1,974
Operating income | 448 | 538
Interest and other income | 31 | 39
Interest expense | (140) | (143)
Other expenses | (6) | (10)
Income from continuing operations before income taxes | 333 | 424
Income tax expense | 38 | 106
Income from continuing operations | 295 | 318
Income from discontinued operations, net of tax | 1 | 0
Net income | 296 | 318
Preferred and preference stock dividend requirements of SCE | 30 | 28
Other noncontrolling interests | (5) | (9)
Net income attributable to common shareholders | 271 | 299
Amounts attributable to Edison International common shareholders: |  |
Income from continuing operations, net of tax | 270 | 299
Income from discontinued operations, net of tax | 1 | 0
Net income attributable to common shareholders | $ 271 | $ 299
Basic earnings per common share attributable to Edison International common shareholders: |  |
Weighted-average shares of common stock outstanding (in shares) | 326 | 326
Continuing operations (in dollars per share) | $ 0.83 | $ 0.92
Total (in dollars per share) | $ 0.83 | $ 0.92
Diluted earnings per common share attributable to Edison International common shareholders: |  |
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) | 328 | 329
Continuing operations (in dollars per share) | $ 0.82 | $ 0.91
Total (in dollars per share) | 0.82 | 0.91
Dividends declared per common share (in dollars per share) | $ 0.4800 | $ 0.4175
Southern California Edison |  |
Total operating revenue | $ 2,435 | $ 2,508
Purchased power and fuel | 794 | 786
Operation and maintenance | 603 | 621
Depreciation, decommissioning and amortization | 475 | 463
Property and other taxes | 91 | 88
Total operating expenses | 1,963 | 1,958
Operating income | 472 | 550
Interest and other income | 31 | 33
Interest expense | (131) | (136)
Other expenses | (5) | (7)
Income from continuing operations before income taxes | 367 | 440
Income tax expense | 50 | 107
Income from continuing operations | 317 | 333
Net income | 317 | 333
Preferred and preference stock dividend requirements of SCE | 30 | 28
Net income attributable to common shareholders | 287 | 305
Amounts attributable to Edison International common shareholders: |  |
Net income attributable to common shareholders | $ 287 | $ 305

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