XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.20.2

Income Taxes (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Income Tax Disclosure [Abstract] |
Reconciliation of Income Tax Expense | The table below provides a reconciliation of income tax expense computed at the federal statutory income tax rate to the income tax provision:
| Three months ended June 30, |  |  |  | Six months ended June 30, |  |
(in millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Edison International: |  |  |  |  |  |  |
Income from operations before income taxes | $ | 352 |  |  | $ | 344 |  |  | $ | 481 |  |  | $ | 540 |
Provision for income tax at federal statutory rate of 21% | 74 |  |  | 72 |  |  | 101 |  |  | 113 |
Increase (decrease) in income tax from: |  |  |  |  |  |  |
State tax, net of federal benefit | 6 |  |  | 2 |  |  | (7) |  |  | (5) |
Property-related | (69) |  |  | (74) |  |  | (147) |  |  | (143) |
Change related to uncertain tax position1 | — |  |  | — |  |  | (15) |  |  | — |
Deferred tax re-measurement2 | — |  |  | — |  |  | — |  |  | (69) |
2018 GRC Decision | — |  |  | (80) |  |  | — |  |  | (80) |
Other | (7) |  |  | 2 |  |  | (12) |  |  | (6) |
Total income tax expense (benefit) | $ | 4 |  |  | $ | (78) |  |  | $ | (80) |  |  | $ | (190) |
Effective tax rate | 1.1 | % |  | (22.7) | % |  | (16.6) | % |  | (35.2) | %
SCE: |  |  |  |  |  |  |
Income from operations before income taxes | $ | 437 |  |  | $ | 381 |  |  | $ | 611 |  |  | $ | 599 |
Provision for income tax at federal statutory rate of 21% | 92 |  |  | 80 |  |  | 129 |  |  | 126 |
Increase (decrease) in income tax from: |  |  |  |  |  |  |
State tax, net of federal benefit | 11 |  |  | 3 |  |  | (1) |  |  | (2) |
Property-related | (69) |  |  | (74) |  |  | (147) |  |  | (143) |
Change related to uncertain tax positions1 | (1) |  |  | — |  |  | (18) |  |  | — |
Deferred tax re-measurement2 | — |  |  | — |  |  | — |  |  | (69) |
2018 GRC Decision | — |  |  | (80) |  |  | — |  |  | (80) |
Other | (7) |  |  | 3 |  |  | (12) |  |  | (5) |
Total income tax expense (benefit) | $ | 26 |  |  | $ | (68) |  |  | $ | (49) |  |  | $ | (173) |
Effective tax rate | 5.9 | % |  | (17.8) | % |  | (8.0) | % |  | (28.9) | %
1 Primarily relates to the re-measurement of uncertain tax positions related to the 2010 – 2012 California state tax filings currently under audit. 2 Relates to changes in the allocation of deferred tax re-measurement between customers and shareholders as a result of a CPUC resolution issued in February 2019. The resolution determined that customers are only entitled to excess deferred taxes which were included when setting rates, while other deferred tax re-measurement belongs to the shareholders.

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration