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Consolidated Statements of Changes in Equity | 9 Months Ended
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Sep. 30, 2019
Equity [Abstract] |
Consolidated Statements of Changes in Equity | Consolidated Statements of Changes in Equity The following table provides Edison International's changes in equity for the three and nine months ended September 30, 2019:
| Equity Attributable to Common Shareholders |  | Noncontrolling Interests |  |
(in millions, except per-share amounts) | Common Stock |  | Accumulated Other Comprehensive Loss |  | Retained Earnings |  | Subtotal |  | Preferred and Preference Stock |  | Total Equity
Balance at December 31, 2018 | $ | 2,545 |  |  | $ | (50 | ) |  | $ | 7,964 |  |  | $ | 10,459 |  |  | $ | 2,193 |  |  | $ | 12,652 |
Net income | — |  |  | — |  |  | 278 |  |  | 278 |  |  | 30 |  |  | 308 |
Other comprehensive income | — |  |  | 2 |  |  | — |  |  | 2 |  |  | — |  |  | 2 |
Cumulative effect of accounting changes 1 | — |  |  | (10 | ) |  | 10 |  |  | — |  |  | — |  |  | — |
Common stock dividends declared ($0.6125 per share) | — |  |  | — |  |  | (200 | ) |  | (200 | ) |  | — |  |  | (200 | )
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | (30 | ) |  | (30 | )
Stock-based compensation | — |  |  | — |  |  | (18 | ) |  | (18 | ) |  | — |  |  | (18 | )
Noncash stock-based compensation | 5 |  |  | — |  |  | — |  |  | 5 |  |  | — |  |  | 5 |
Balance at March 31, 2019 | $ | 2,550 |  |  | $ | (58 | ) |  | $ | 8,034 |  |  | $ | 10,526 |  |  | $ | 2,193 |  |  | $ | 12,719 |
Net income | — |  |  | — |  |  | 392 |  |  | 392 |  |  | 30 |  |  | 422 |
Other comprehensive income | — |  |  | 1 |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Common stock dividends declared ($0.6125 per share) | — |  |  | — |  |  | (200 | ) |  | (200 | ) |  | — |  |  | (200 | )
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | (30 | ) |  | (30 | )
Stock-based compensation | — |  |  | — |  |  | (4 | ) |  | (4 | ) |  | — |  |  | (4 | )
Noncash stock-based compensation | 5 |  |  | — |  |  | — |  |  | 5 |  |  | — |  |  | 5 |
Balance at June 30, 2019 | $ | 2,555 |  |  | $ | (57 | ) |  | $ | 8,222 |  |  | $ | 10,720 |  |  | $ | 2,193 |  |  | $ | 12,913 |
Net income | — |  |  | — |  |  | 471 |  |  | 471 |  |  | 31 |  |  | 502 |
Other comprehensive income | — |  |  | 2 |  |  | — |  |  | 2 |  |  | — |  |  | 2 |
Common stock issued, net of issuance cost | 2,185 |  |  | — |  |  | — |  |  | 2,185 |  |  | — |  |  | 2,185 |
Common stock dividends declared ($0.6125 per share) | — |  |  | — |  |  | (219 | ) |  | (219 | ) |  | — |  |  | (219 | )
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | (31 | ) |  | (31 | )
Stock-based compensation | — |  |  | — |  |  | (5 | ) |  | (5 | ) |  | — |  |  | (5 | )
Noncash stock-based compensation | 6 |  |  | — |  |  | — |  |  | 6 |  |  | — |  |  | 6 |
Balance at September 30, 2019 | $ | 4,746 |  |  | $ | (55 | ) |  | $ | 8,469 |  |  | $ | 13,160 |  |  | $ | 2,193 |  |  | $ | 15,353 |
1 | Edison International recognized cumulative effect adjustments to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2019 related to the adoption of the accounting standards updates on the reclassification of stranded tax effects resulting from Tax Reform. See Note 1 for further information.
The following table provides Edison International's changes in equity for the three and nine months ended September 30, 2018:
| Equity Attributable to Common Shareholders |  | Noncontrolling Interests |  |
(in millions, except per-share amounts) | Common Stock |  | Accumulated Other Comprehensive Loss |  | Retained Earnings |  | Subtotal |  | Other |  | Preferred and Preference Stock |  | Total Equity
Balance at December 31, 2017 | $ | 2,526 |  |  | $ | (43 | ) |  | $ | 9,188 |  |  | $ | 11,671 |  |  | $ | 2 |  |  | $ | 2,193 |  |  | $ | 13,866 |
Net income (loss) | — |  |  | — |  |  | 218 |  |  | 218 |  |  | (3 | ) |  | 30 |  |  | 245 |
Other comprehensive income | — |  |  | 2 |  |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Cumulative effect of accounting changes 1 | — |  |  | (5 | ) |  | 10 |  |  | 5 |  |  | — |  |  | — |  |  | 5 |
Common stock dividends declared ($0.6050 per share) | — |  |  | — |  |  | (197 | ) |  | (197 | ) |  | — |  |  | — |  |  | (197 | )
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (30 | ) |  | (30 | )
Stock-based compensation | — |  |  | — |  |  | (8 | ) |  | (8 | ) |  | — |  |  | — |  |  | (8 | )
Noncash stock-based compensation | 5 |  |  | — |  |  | — |  |  | 5 |  |  | — |  |  | — |  |  | 5 |
Other | — |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Balance at March 31, 2018 | $ | 2,531 |  |  | $ | (46 | ) |  | $ | 9,211 |  |  | $ | 11,696 |  |  | $ | — |  |  | $ | 2,193 |  |  | $ | 13,889 |
Net income (loss) | — |  |  | — |  |  | 276 |  |  | 276 |  |  | (8 | ) |  | 30 |  |  | 298 |
Other comprehensive income | — |  |  | 2 |  |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Contribution from tax equity investor | — |  |  | — |  |  | — |  |  | — |  |  | 24 |  |  | — |  |  | 24 |
Common stock dividends declared ($0.6050 per share) | — |  |  | — |  |  | (197 | ) |  | (197 | ) |  | — |  |  | — |  |  | (197 | )
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (30 | ) |  | (30 | )
Stock-based compensation | — |  |  | — |  |  | (4 | ) |  | (4 | ) |  | — |  |  | — |  |  | (4 | )
Noncash stock-based compensation | 6 |  |  | — |  |  | — |  |  | 6 |  |  | — |  |  | — |  |  | 6 |
Deconsolidation of SoCore Energy | — |  |  | — |  |  | — |  |  | — |  |  | (15 | ) |  | — |  |  | (15 | )
Other | — |  |  | — |  |  | — |  |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Balance at June 30, 2018 | $ | 2,537 |  |  | $ | (44 | ) |  | $ | 9,286 |  |  | $ | 11,779 |  |  | $ | — |  |  | $ | 2,193 |  |  | $ | 13,972 |
Net income | — |  |  | — |  |  | 513 |  |  | 513 |  |  | — |  |  | 31 |  |  | 544 |
Other comprehensive income | — |  |  | 2 |  |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Common stock dividends declared ($0.6050 per share) | — |  |  | — |  |  | (197 | ) |  | (197 | ) |  | — |  |  | — |  |  | (197 | )
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (31 | ) |  | (31 | )
Stock-based compensation | — |  |  | — |  |  | (5 | ) |  | (5 | ) |  | — |  |  | — |  |  | (5 | )
Noncash stock-based compensation | 4 |  |  | — |  |  | — |  |  | 4 |  |  | — |  |  | — |  |  | 4 |
Balance at September 30, 2018 | $ | 2,541 |  |  | $ | (42 | ) |  | $ | 9,597 |  |  | $ | 12,096 |  |  | $ | — |  |  | $ | 2,193 |  |  | $ | 14,289 |
1 | Edison International recognized a cumulative effect adjustment to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2018 related to the adoption of the accounting standards update on revenue recognition and the measurement of financial instruments.
The following table provides SCE's changes in equity for the three and nine months ended September 30, 2019:
(in millions, except per-share amounts) | Preferred and Preference Stock |  | Common Stock |  | Additional Paid-in Capital |  | Accumulated Other Comprehensive Loss |  | Retained Earnings |  | Total Equity
Balance at December 31, 2018 | $ | 2,245 |  |  | $ | 2,168 |  |  | $ | 680 |  |  | $ | (23 | ) |  | $ | 8,715 |  |  | $ | 13,785 |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 323 |  |  | 323 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Cumulative effect of accounting change 1 | — |  |  | — |  |  | — |  |  | (5 | ) |  | 5 |  |  | — |
Dividends declared on common stock ($0.4599 per share) | — |  |  | — |  |  | — |  |  | — |  |  | (200 | ) |  | (200 | )
Dividends declared on preferred and preference stock ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | (30 | ) |  | (30 | )
Stock-based compensation | — |  |  | — |  |  | — |  |  | — |  |  | (12 | ) |  | (12 | )
Noncash stock-based compensation | — |  |  | — |  |  | 3 |  |  | — |  |  | — |  |  | 3 |
Balance at March 31, 2019 | $ | 2,245 |  |  | $ | 2,168 |  |  | $ | 683 |  |  | $ | (27 | ) |  | $ | 8,801 |  |  | $ | 13,870 |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 449 |  |  | 449 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Capital contribution from Edison International Parent | — |  |  | — |  |  | 1,200 |  |  | — |  |  | — |  |  | 1,200 |
Dividends declared on preferred and preference stock ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | (30 | ) |  | (30 | )
Stock-based compensation | — |  |  | — |  |  | — |  |  | — |  |  | (1 | ) |  | (1 | )
Noncash stock-based compensation | — |  |  | — |  |  | 3 |  |  | — |  |  | — |  |  | 3 |
Balance at June 30, 2019 | $ | 2,245 |  |  | $ | 2,168 |  |  | $ | 1,886 |  |  | $ | (26 | ) |  | $ | 9,219 |  |  | $ | 15,492 |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 534 |  |  | 534 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Capital contribution from Edison International Parent | — |  |  | — |  |  | 1,850 |  |  | — |  |  | — |  |  | 1,850 |
Dividends declared on common stock ($0.4599 per share) | — |  |  | — |  |  | — |  |  | — |  |  | (200 | ) |  | (200 | )
Dividends declared on preferred and preference stock ($1.02 - $1.195 per share for preferred stock; $62.50 - $143.75 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | (31 | ) |  | (31 | )
Stock-based compensation | — |  |  | — |  |  | (2 | ) |  | — |  |  | (2 | ) |  | (4 | )
Noncash stock-based compensation | — |  |  | — |  |  | 3 |  |  | — |  |  | — |  |  | 3 |
Balance at September 30, 2019 | $ | 2,245 |  |  | $ | 2,168 |  |  | $ | 3,737 |  |  | $ | (25 | ) |  | $ | 9,520 |  |  | $ | 17,645 |
1 | SCE recognized a cumulative effect adjustment to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2019 related to the adoption of the accounting standards update on the reclassification of stranded tax effects resulting from Tax Reform. See Note 1 for further information.
The following table provides SCE's changes in equity for the three and nine months ended September 30, 2018:
(in millions, except per-share amounts) | Preferred and Preference Stock |  | Common Stock |  | Additional Paid-in Capital |  | Accumulated Other Comprehensive Loss |  | Retained Earnings |  | Total Equity
Balance at December 31, 2017 | $ | 2,245 |  |  | $ | 2,168 |  |  | $ | 671 |  |  | $ | (19 | ) |  | $ | 9,607 |  |  | $ | 14,672 |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 316 |  |  | 316 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 2 |  |  | — |  |  | 2 |
Cumulative effect of accounting change 1 |  |  |  |  |  |  | (5 | ) |  | 5 |  |  | — |
Dividends declared on common stock ($0.4875 per share) | — |  |  | — |  |  | — |  |  | — |  |  | (212 | ) |  | (212 | )
Dividends declared on preferred and preference stock ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | (30 | ) |  | (30 | )
Stock-based compensation | — |  |  | — |  |  | — |  |  | — |  |  | (2 | ) |  | (2 | )
Noncash stock-based compensation | — |  |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Balance at March 31, 2018 | $ | 2,245 |  |  | $ | 2,168 |  |  | $ | 673 |  |  | $ | (22 | ) |  | $ | 9,684 |  |  | $ | 14,748 |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 327 |  |  | 327 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Dividends declared on common stock ($0.2299 per share) | — |  |  | — |  |  | — |  |  | — |  |  | (100 | ) |  | (100 | )
Dividends declared on preferred and preference stock ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | (30 | ) |  | (30 | )
Stock-based compensation | — |  |  | — |  |  | — |  |  | — |  |  | (3 | ) |  | (3 | )
Noncash stock-based compensation | — |  |  | — |  |  | 3 |  |  | — |  |  | — |  |  | 3 |
Balance at June 30, 2018 | $ | 2,245 |  |  | $ | 2,168 |  |  | $ | 676 |  |  | $ | (21 | ) |  | $ | 9,878 |  |  | $ | 14,946 |
Net income | — |  |  | — |  |  | — |  |  | — |  |  | 567 |  |  | 567 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Dividends declared on common stock ($0.6071 per share) | — |  |  | — |  |  | — |  |  | — |  |  | (264 | ) |  | (264 | )
Dividends declared on preferred and preference stock ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock) | — |  |  | — |  |  | — |  |  | — |  |  | (31 | ) |  | (31 | )
Stock-based compensation | — |  |  | — |  |  | — |  |  | — |  |  | (4 | ) |  | (4 | )
Noncash stock-based compensation | — |  |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Balance at September 30, 2018 | $ | 2,245 |  |  | $ | 2,168 |  |  | $ | 678 |  |  | $ | (20 | ) |  | $ | 10,146 |  |  | $ | 15,217 |
1 SCE recognized a cumulative effect adjustment to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2018 related to the adoption of the accounting standards update on the measurement of financial instruments.

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- References No definition available. + Details
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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