XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.20.2

Derivative Instruments (Tables) - Southern California Edison | 6 Months Ended
--- | ---
Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosures [Line Items] |
Fair Value of Derivative Asset Instruments | The following table summarizes the gross and net fair values of SCE's commodity derivative instruments:
|  | June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |
|  | Derivative Assets |  |  |  |  |  | Derivative Liabilities |  |  |  |  |  | Net Assets
(in millions) |  | Short-Term1 |  | Long-Term2 |  | Subtotal |  | Short-Term3 |  | Long-Term |  | Subtotal |  |
Commodity derivative contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross amounts recognized |  | $ | 39 |  |  | $ | 1 |  |  | $ | 40 |  |  | $ | 67 |  |  | $ | — |  |  | $ | 67 |  |  | $ | (27) |
Gross amounts offset in the consolidated balance sheets |  | (6) |  |  | — |  |  | (6) |  |  | (6) |  |  | — |  |  | (6) |  |  | — |
Cash collateral posted4 |  | — |  |  | — |  |  | — |  |  | (28) |  |  | — |  |  | (28) |  |  | 28 |
Net amounts presented in the consolidated balance sheets |  | $ | 33 |  |  | $ | 1 |  |  | $ | 34 |  |  | $ | 33 |  |  | $ | — |  |  | $ | 33 |  |  | $ | 1 |
|  | December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
|  | Derivative Assets |  |  |  |  |  | Derivative Liabilities |  |  |  |  |  | Net Assets
(in millions) |  | Short-Term1 |  | Long-Term2 |  | Subtotal |  | Short-Term3 |  | Long-Term |  | Subtotal |  |
Commodity derivative contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross amounts recognized |  | $ | 94 |  |  | $ | 8 |  |  | $ | 102 |  |  | $ | 14 |  |  | $ | 2 |  |  | $ | 16 |  |  | $ | 86 |
Gross amounts offset in the consolidated balance sheets |  | (13) |  |  | (2) |  |  | (15) |  |  | (13) |  |  | (2) |  |  | (15) |  |  | — |
Cash collateral posted4 |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net amounts presented in the consolidated balance sheets |  | $ | 81 |  |  | $ | 6 |  |  | $ | 87 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 1 |  |  | $ | 86 |
1 Included in "Other current assets" on Edison International's and SCE's consolidated balance sheets. 2 Included in "Other long-term assets" on Edison International's and SCE's consolidated balance sheets. 3 Included in "Other current liabilities" on Edison International's and SCE's consolidated balance sheets. 4 At June 30, 2020, SCE posted $43 million of cash, of which $28 million was offset against net derivative liabilities and $15 million was reflected in "Other current assets" on the consolidated balance sheets. At December 31, 2019, SCE posted $24 million of cash, which was not offset against net derivative liabilities and was reflected in "Other current assets" on the consolidated balance sheets.
Fair Value of Derivative Liabilities Instruments | The following table summarizes the gross and net fair values of SCE's commodity derivative instruments:
|  | June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |
|  | Derivative Assets |  |  |  |  |  | Derivative Liabilities |  |  |  |  |  | Net Assets
(in millions) |  | Short-Term1 |  | Long-Term2 |  | Subtotal |  | Short-Term3 |  | Long-Term |  | Subtotal |  |
Commodity derivative contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross amounts recognized |  | $ | 39 |  |  | $ | 1 |  |  | $ | 40 |  |  | $ | 67 |  |  | $ | — |  |  | $ | 67 |  |  | $ | (27) |
Gross amounts offset in the consolidated balance sheets |  | (6) |  |  | — |  |  | (6) |  |  | (6) |  |  | — |  |  | (6) |  |  | — |
Cash collateral posted4 |  | — |  |  | — |  |  | — |  |  | (28) |  |  | — |  |  | (28) |  |  | 28 |
Net amounts presented in the consolidated balance sheets |  | $ | 33 |  |  | $ | 1 |  |  | $ | 34 |  |  | $ | 33 |  |  | $ | — |  |  | $ | 33 |  |  | $ | 1 |
|  | December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
|  | Derivative Assets |  |  |  |  |  | Derivative Liabilities |  |  |  |  |  | Net Assets
(in millions) |  | Short-Term1 |  | Long-Term2 |  | Subtotal |  | Short-Term3 |  | Long-Term |  | Subtotal |  |
Commodity derivative contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross amounts recognized |  | $ | 94 |  |  | $ | 8 |  |  | $ | 102 |  |  | $ | 14 |  |  | $ | 2 |  |  | $ | 16 |  |  | $ | 86 |
Gross amounts offset in the consolidated balance sheets |  | (13) |  |  | (2) |  |  | (15) |  |  | (13) |  |  | (2) |  |  | (15) |  |  | — |
Cash collateral posted4 |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net amounts presented in the consolidated balance sheets |  | $ | 81 |  |  | $ | 6 |  |  | $ | 87 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 1 |  |  | $ | 86 |
1 Included in "Other current assets" on Edison International's and SCE's consolidated balance sheets. 2 Included in "Other long-term assets" on Edison International's and SCE's consolidated balance sheets. 3 Included in "Other current liabilities" on Edison International's and SCE's consolidated balance sheets. 4 At June 30, 2020, SCE posted $43 million of cash, of which $28 million was offset against net derivative liabilities and $15 million was reflected in "Other current assets" on the consolidated balance sheets. At December 31, 2019, SCE posted $24 million of cash, which was not offset against net derivative liabilities and was reflected in "Other current assets" on the consolidated balance sheets.
Summarization of Economic Hedging Activities | The following table summarizes the components of SCE's economic hedging activity:
|  | Three months ended June 30, |  |  |  | Six months ended June 30, |  |  |
(in millions) |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
Realized (losses) gains |  | $ | (16) |  |  | $ | (2) |  |  | $ | (60) |  |  | $ | 30 |  |
Unrealized losses |  | (31) |  |  | (78) |  |  | (114) |  |  | (128) |  |
Notional Volumes of Derivative Instruments | The following table summarizes the notional volumes of derivatives used for SCE's economic hedging activities:
|  |  |  | Economic Hedges |  |
Commodity |  | Unit of Measure |  | June 30, 2020 |  | December 31, 2019
Electricity options, swaps and forwards |  | GWh |  | 4,863 |  |  | 3,155 |
Natural gas options, swaps and forwards |  | Bcf |  | 50 |  |  | 43 |
Congestion revenue rights |  | GWh |  | 31,945 |  |  | 48,170 |

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosuresLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 + Details
Name: | us-gaap_OffsettingAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial liabilities that are subject to offsetting, including master netting arrangements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 + Details
Name: | us-gaap_OffsettingLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=eix_SouthernCaliforniaEdisonCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |