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v3.8.0.1

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
Total operating revenue | $ 12,320 | $ 11,869 | $ 11,524
Purchased power and fuel | 4,873 | 4,527 | 4,266
Operation and maintenance | 2,807 | 2,868 | 2,990
Depreciation and amortization | 2,041 | 2,007 | 1,919
Property and other taxes | 377 | 354 | 336
Impairment and other charges | 738 | 21 | 5
Other operating income | (9) | 0 | 0
Total operating expenses | 10,827 | 9,777 | 9,516
Operating income | 1,493 | 2,092 | 2,008
Interest and other income | 146 | 123 | 174
Interest expense | (639) | (581) | (555)
Other expenses | (51) | (44) | (59)
Income from continuing operations before income taxes | 949 | 1,590 | 1,568
Income tax expense | 281 | 177 | 486
Income from continuing operations | 668 | 1,413 | 1,082
Income from discontinued operations, net of tax | 0 | 12 | 35
Net income | 668 | 1,425 | 1,117
Preferred and preference stock dividend requirements of utility | 124 | 123 | 113
Other noncontrolling interests | (21) | (9) | (16)
Net income from continuing operations available to common shareholders | 565 | 1,311 | 1,020
Basic earnings per common share attributable to Edison International common shareholders: |  |  |
Income from continuing operations, net of tax | 565 | 1,299 | 985
Income from discontinued operations, net of tax | 0 | 12 | 35
Net income from continuing operations available to common shareholders | $ 565 | $ 1,311 | $ 1,020
Basic earnings per common share attributable to Edison International common shareholders: |  |  |
Weighted-average shares of common stock outstanding | 326 | 326 | 326
Continuing operations (in dollars per share) | $ 1.73 | $ 3.99 | $ 3.02
Discontinued operations (in dollars per share) | 0.00 | 0.03 | 0.11
Total (in dollars per share) | $ 1.73 | $ 4.02 | $ 3.13
Diluted earnings per common share attributable to Edison International common shareholders: |  |  |
Weighted-average shares of common stock outstanding, including effect of dilutive securities | 328 | 330 | 329
Continuing operations (in dollars per share) | $ 1.72 | $ 3.94 | $ 2.99
Discontinued operations (in dollars per share) | 0.00 | 0.03 | 0.11
Total (in dollars per share) | 1.72 | 3.97 | 3.10
Dividends declared per common share (in dollars per share) | $ 2.2325 | $ 1.9825 | $ 1.7325
Southern California Edison Company |  |  |
Total operating revenue | $ 12,254 | $ 11,830 | $ 11,485
Purchased power and fuel | 4,873 | 4,527 | 4,266
Operation and maintenance | 2,671 | 2,737 | 2,890
Depreciation and amortization | 2,032 | 1,998 | 1,915
Property and other taxes | 372 | 351 | 334
Impairment and other charges | 716 | 0 | 0
Other operating income | (8) | 0 | 0
Total operating expenses | 10,656 | 9,613 | 9,405
Operating income | 1,598 | 2,217 | 2,080
Interest and other income | 145 | 123 | 123
Interest expense | (589) | (541) | (526)
Other expenses | (48) | (44) | (59)
Income from continuing operations before income taxes | 1,106 | 1,755 | 1,618
Income tax expense | (30) | 256 | 507
Net income | 1,136 | 1,499 | 1,111
Preferred and preference stock dividend requirements of utility | 124 | 123 | 113
Net income from continuing operations available to common shareholders | 1,012 | 1,376 | 998
Basic earnings per common share attributable to Edison International common shareholders: |  |  |
Net income from continuing operations available to common shareholders | $ 1,012 | $ 1,376 | $ 998

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