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v3.19.2

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2019 | Jun. 30, 2018
Total operating revenue | $ 2,812 | $ 2,815 | $ 5,636 | $ 5,379
Purchased power and fuel | 1,135 | 1,112 | 2,140 | 2,038
Operation and maintenance | 595 | 719 | 1,477 | 1,394
Depreciation and amortization | 321 | 463 | 801 | 925
Property and other taxes | 93 | 97 | 203 | 204
Impairment and other | 170 | 5 | 166 | 71
Other operating income | (2) | (1) | (3) | (3)
Total operating expenses | 2,312 | 2,395 | 4,784 | 4,629
Operating income | 500 | 420 | 852 | 750
Interest expense | (211) | (180) | (405) | (350)
Other income and expense | 55 | 49 | 93 | 100
Income from continuing operations before income taxes | 344 | 289 | 540 | 500
Income tax benefit | (78) | (9) | (190) | (40)
Income from continuing operations | 422 | 298 | 730 | 540
Net income | 422 | 298 | 730 | 540
Preferred and preference stock dividend requirements of SCE | 30 | 30 | 60 | 60
Other noncontrolling interests | 0 | (8) | 0 | (14)
Net income attributable to Edison International common shareholders | 392 | 276 | 670 | 494
Amounts attributable to Edison International common shareholders: |  |  |  |
Income from continuing operations, net of tax | 392 | 276 | 670 | 494
Net income attributable to Edison International common shareholders | $ 392 | $ 276 | $ 670 | $ 494
Basic earnings per share: |  |  |  |
Weighted average common shares outstanding (in shares) | 326 | 326 | 326 | 326
Continuing operations (in dollars per share) | $ 1.20 | $ 0.85 | $ 2.05 | $ 1.52
Basic earnings per common share attributable to Edison International common shareholders (in dollars per share) | $ 1.20 | $ 0.85 | $ 2.05 | $ 1.52
Diluted earnings per share: |  |  |  |
Weighted-average shares of common stock outstanding, including effect of dilutive securities (in shares) | 327 | 327 | 327 | 327
Continuing operations (in dollars per share) | $ 1.20 | $ 0.84 | $ 2.05 | $ 1.51
Diluted earnings per common share attributable to Edison International common shareholders (in dollars per share) | $ 1.20 | $ 0.84 | $ 2.05 | $ 1.51
Southern California Edison Company |  |  |  |
Total operating revenue | $ 2,800 | $ 2,803 | $ 5,616 | $ 5,357
Purchased power and fuel | 1,135 | 1,112 | 2,140 | 2,038
Operation and maintenance | 571 | 694 | 1,440 | 1,345
Depreciation and amortization | 320 | 462 | 800 | 921
Property and other taxes | 93 | 97 | 202 | 202
Impairment and other | 170 | 0 | 166 | 0
Other operating income | (2) | (1) | (3) | (2)
Total operating expenses | 2,287 | 2,364 | 4,745 | 4,504
Operating income | 513 | 439 | 871 | 853
Interest expense | (188) | (164) | (366) | (319)
Other income and expense | 56 | 50 | 94 | 101
Income from continuing operations before income taxes | 381 | 325 | 599 | 635
Income tax benefit | (68) | (2) | (173) | (8)
Net income | 449 | 327 | 772 | 643
Preferred and preference stock dividend requirements of SCE | 30 | 30 | 60 | 60
Net income attributable to Edison International common shareholders | 419 | 297 | 712 | 583
Amounts attributable to Edison International common shareholders: |  |  |  |
Net income attributable to Edison International common shareholders | $ 419 | $ 297 | $ 712 | $ 583

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