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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2020
Accounting Policies [Abstract] |
Cash Equivalents | The cash equivalents were as follows:
|  | Edison International |  |  |  | SCE |  |
(in millions) |  | June 30, 2020 |  | December 31, 2019 |  | June 30, 2020 |  | December 31, 2019
Money market funds |  | $ | 479 |  |  | $ | 31 |  |  | $ | 214 |  |  | $ | — |
Cash is temporarily invested until required for check clearing. Checks issued, but not yet paid by the financial institution, are reclassified from cash to accounts payable at the end of each reporting period as follows:
|  | Edison International |  |  |  | SCE |  |
(in millions) |  | June 30, 2020 |  | December 31, 2019 |  | June 30, 2020 |  | December 31, 2019
Book balances reclassified to accounts payable |  | $ | 64 |  |  | $ | 75 |  |  | $ | 64 |  |  | $ | 74 |
Cash, Cash Equivalents and Restricted Cash | The following table sets forth the cash, cash equivalents and restricted cash included in the consolidated statements of cash flows:
(in millions) |  | June 30, 2020 |  | December 31, 2019
Edison International: |  |  |  |
Cash and cash equivalents |  | $ | 524 |  |  | $ | 68 |
Short-term restricted cash1 |  | 2 |  |  | 2 |
Total cash, cash equivalents, and restricted cash |  | $ | 526 |  |  | $ | 70 |
1 Reflected in "Other current assets" on Edison International's consolidated balance sheets.
Changes in Allowance for Uncollectible Accounts | The following table sets forth the changes in allowance for uncollectible accounts for SCE:
| Three months ended June 30, 2020 |  |  | Six months ended June 30, 2020 |
(in millions) | Customers | All others |  | Customers | All others
Beginning balance | $ | 47 |  | $ | 13 |  |  | $ | 35 |  | $ | 14 |
Plus: current period provision for uncollectible accounts |  |  |  |  |
Included in operation and maintenance expenses | 12 |  | 5 |  |  | 28 |  | 7 |
Deferred to regulatory assets | 21 |  | — |  |  | 21 |  | — |
Less: write-offs, net of recoveries | 5 |  | 3 |  |  | 9 |  | 6 |
Ending balance | $ | 75 |  | $ | 15 |  |  | $ | 75 |  | $ | 15 |
EPS Attributable to Edison International Common Shareholders | EPS attributable to Edison International common shareholders was computed as follows:
|  | Three months ended June 30, |  |  |  | Six months ended June 30, |  |
(in millions, except per-share amounts) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Basic earnings per share: |  |  |  |  |  |  |  |
Net income attributable to common shareholders |  | $ | 318 |  |  | $ | 392 |  |  | $ | 501 |  |  | $ | 670 |
Net income available to common shareholders |  | $ | 318 |  |  | $ | 392 |  |  | $ | 501 |  |  | $ | 670 |
Weighted average common shares outstanding |  | 375 |  |  | 326 |  |  | 367 |  |  | 326 |
Basic earnings per share |  | $ | 0.85 |  |  | $ | 1.20 |  |  | $ | 1.37 |  |  | $ | 2.05 |
Diluted earnings per share: |  |  |  |  |  |  |  |
Net income attributable to common shareholders |  | $ | 318 |  |  | $ | 392 |  |  | $ | 501 |  |  | $ | 670 |
Net income available to common shareholders |  | $ | 318 |  |  | $ | 392 |  |  | $ | 501 |  |  | $ | 670 |
Net income available to common shareholders and assumed conversions |  | $ | 318 |  |  | $ | 392 |  |  | $ | 501 |  |  | $ | 670 |
Weighted average common shares outstanding |  | 375 |  |  | 326 |  |  | 367 |  |  | 326 |
Incremental shares from assumed conversions |  | 1 |  |  | 1 |  |  | 1 |  |  | 1 |
Adjusted weighted average shares – diluted |  | 376 |  |  | 327 |  |  | 368 |  |  | 327 |
Diluted earnings per share |  | $ | 0.85 |  |  | $ | 1.20 |  |  | $ | 1.36 |  |  | $ | 2.05 |

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