XML 26 R16.htm IDEA: XBRL DOCUMENT
v3.22.2

Compensation and Benefit Plans | 6 Months Ended
--- | ---
Jun. 30, 2022
Retirement Benefits [Abstract] |
Compensation and Benefit Plans | Note 9.Compensation and Benefit Plans Pension Plans Net periodic pension expense components are: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | Six months ended
​ | ​ | June 30, | ​ | June 30,
(in millions) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Edison International: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Service cost | ​ | $ | 30 | ​ | $ | 34 | ​ | $ | 60 | ​ | $ | 68
Non-service cost (benefit) | ​ |  | ​ | ​ |  | ​ | ​ |  |  | ​ |  |
Interest cost | ​ |  | 27 | ​ |  | 26 | ​ |  | 54 | ​ |  | 52
Expected return on plan assets | ​ |  | (57) | ​ |  | (56) | ​ |  | (114) | ​ |  | (112)
Settlement costs1 | ​ |  | 3 | ​ |  | — | ​ |  | 3 | ​ |  | —
Amortization of net loss2 | ​ |  | 1 | ​ |  | 3 | ​ |  | 2 | ​ |  | 6
Regulatory adjustment | ​ |  | 2 | ​ |  | 4 | ​ |  | 4 | ​ |  | 8
Total non-service benefit3 | ​ | $ | (24) | ​ | $ | (23) | ​ | $ | (51) | ​ | $ | (46)
Total expense recognized | ​ | $ | 6 | ​ | $ | 11 | ​ | $ | 9 | ​ | $ | 22
SCE: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Service cost | ​ | $ | 29 | ​ | $ | 33 | ​ | $ | 58 | ​ | $ | 66
Non-service cost (benefit) | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Interest cost | ​ |  | 25 | ​ |  | 24 | ​ |  | 50 | ​ |  | 48
Expected return on plan assets | ​ |  | (54) | ​ |  | (53) | ​ |  | (108) | ​ |  | (106)
Settlement costs1 | ​ |  | 3 | ​ |  | — | ​ |  | 3 | ​ |  | —
Amortization of net loss2 | ​ |  | 1 | ​ |  | 2 | ​ |  | 2 | ​ |  | 4
Regulatory adjustment | ​ |  | 2 | ​ |  | 4 | ​ |  | 4 | ​ |  | 8
Total non-service benefit3 | ​ | $ | (23) | ​ | $ | (23) | ​ | $ | (49) | ​ | $ | (46)
Total expense recognized | ​ | $ | 6 | ​ | $ | 10 | ​ | $ | 9 | ​ | $ | 20
1 | Under GAAP, a settlement is recorded when lump-sum payments exceed estimated annual service and interest costs. Lump sum payments made in 2022 to SCE executives retiring in 2021 from the Executive Retirement Plan exceeded the estimated service and interest costs, resulting in a partial settlement of that plan. A settlement loss of approximately $3 million ($2 million after-tax) was recorded at SCE in the second quarter of 2022.
2 | Includes the amount of net loss reclassified from other comprehensive loss. The amount reclassified for Edison International and SCE was $2 million and $1 million, respectively, for the three months ended June 30, 2022 and $4 million and $2 million, respectively, for the six months ended June 30, 2022. The amount reclassified for Edison International and SCE was $3 million and $2 million, respectively, for the three months ended June 30, 2021 and $6 million and $4 million, respectively, for the six months ended June 30, 2021.
3 | Included in "Other income" on Edison International's and SCE's consolidated statements of income.
Postretirement Benefits Other Than Pensions ("PBOP") Net periodic PBOP expense components for Edison International and SCE are:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | Six months ended
​ | ​ | June 30, | ​ | June 30,
(in millions) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Service cost | ​ | $ | 8 | ​ | $ | 10 | ​ | $ | 16 | ​ | $ | 20
Non-service cost (benefit) | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Interest cost | ​ |  | 14 | ​ |  | 14 | ​ |  | 28 | ​ |  | 28
Expected return on plan assets | ​ |  | (24) | ​ |  | (27) | ​ |  | (48) | ​ |  | (54)
Amortization of net gain | ​ |  | (12) | ​ |  | (8) | ​ |  | (24) | ​ |  | (16)
Regulatory adjustment | ​ |  | 14 | ​ |  | 11 | ​ |  | 28 | ​ |  | 22
Total non-service benefit1 | ​ | $ | (8) | ​ | $ | (10) | ​ | $ | (16) | ​ | $ | (20)
Total expense | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | —
1 | Included in "Other income" on Edison International's and SCE's consolidated statements of income.

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

X
- Definition The entire disclosure for retirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section S99 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=21916913&loc=d3e273930-122802 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(i) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (o) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (p) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39689-114964 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iv)(03) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (q) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (r)(1) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iii) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (l) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (r)(2) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration