XML 30 R18.htm IDEA: XBRL DOCUMENT
v3.23.2

Regulatory Assets and Liabilities | 6 Months Ended
--- | ---
Jun. 30, 2023
Regulatory Assets and Liabilities |
Regulatory Assets and Liabilities | Note 11. Regulatory Assets and Liabilities Regulatory Assets SCE's regulatory assets included on its consolidated balance sheets are: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
(in millions) |  | 2023 |  | 2022
Current: |  | ​ |  |  | ​ |
Regulatory balancing and memorandum accounts | ​ | $ | 3,574 | ​ | $ | 2,400
Power contracts | ​ |  | 23 | ​ |  | 71
Energy derivatives | ​ | ​ | 39 | ​ | ​ | —
Other | ​ |  | 20 | ​ |  | 26
Total current | ​ |  | 3,656 | ​ |  | 2,497
Long-term: | ​ |  |  | ​ |  |
Deferred income taxes, net of liabilities | ​ |  | 5,366 | ​ |  | 5,178
Unamortized investments, net of accumulated amortization | ​ |  | 110 | ​ |  | 113
Unamortized loss on reacquired debt | ​ |  | 103 | ​ |  | 109
Regulatory balancing and memorandum accounts | ​ |  | 1,107 | ​ |  | 1,589
Environmental remediation | ​ |  | 234 | ​ |  | 241
Recovery assets | ​ | ​ | 1,585 | ​ | ​ | 834
Other | ​ |  | 116 | ​ |  | 117
Total long-term | ​ |  | 8,621 | ​ |  | 8,181
Total regulatory assets | ​ | $ | 12,277 | ​ | $ | 10,678
​ Regulatory Liabilities SCE's regulatory liabilities included on its consolidated balance sheets are: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
(in millions) |  | 2023 |  | 2022
Current: |  | ​ |  |  | ​ |
Regulatory balancing and memorandum accounts | ​ | $ | 779 | ​ | $ | 584
Energy derivatives | ​ |  | — | ​ |  | 338
Other | ​ |  | 18 | ​ |  | 42
Total current | ​ |  | 797 | ​ |  | 964
Long-term: | ​ |  |  | ​ |  |
Costs of removal | ​ |  | 2,705 | ​ |  | 2,589
Re-measurement of deferred taxes | ​ |  | 2,224 | ​ |  | 2,250
Recoveries in excess of ARO liabilities | ​ |  | 1,444 | ​ |  | 1,231
Regulatory balancing and memorandum accounts | ​ |  | 1,353 | ​ |  | 1,116
Pension and other postretirement benefits | ​ |  | 992 | ​ |  | 1,007
Other | ​ |  | 17 | ​ |  | 18
Total long-term | ​ |  | 8,735 | ​ |  | 8,211
Total regulatory liabilities | ​ | $ | 9,532 | ​ | $ | 9,175
​ Net Regulatory Balancing and Memorandum Accounts The following table summarizes the significant components of regulatory balancing and memorandum accounts included in the above tables of regulatory assets and liabilities: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
(in millions) |  | 2023 |  | 2022
Asset (liability) |  | ​ |  |  | ​ |
Energy resource recovery account | ​ | $ | (471) | ​ | $ | 1,580
Portfolio allocation balancing account | ​ |  | 1,613 | ​ |  | (73)
New system generation balancing account | ​ |  | 135 | ​ |  | (63)
Public purpose programs and energy efficiency programs | ​ |  | (1,900) | ​ |  | (1,577)
Base revenue requirement balancing account | ​ |  | 1,566 | ​ |  | 1,108
GRC wildfire mitigation balancing accounts | ​ | ​ | 192 | ​ | ​ | 67
Residential uncollectibles balancing account | ​ | ​ | 28 | ​ | ​ | —
Greenhouse gas auction revenue and low carbon fuel standard revenue | ​ |  | (181) | ​ |  | (289)
FERC balancing accounts | ​ |  | (114) | ​ |  | (123)
Wildfire and drought restoration accounts | ​ |  | 383 | ​ |  | 352
Wildfire-related memorandum accounts | ​ | ​ | 886 | ​ | ​ | 1,168
COVID-19-related memorandum accounts | ​ | ​ | 69 | ​ | ​ | 67
Customer service re-platform memorandum account | ​ | ​ | 70 | ​ | ​ | 64
Tax accounting memorandum account and pole loading balancing account | ​ | ​ | 192 | ​ | ​ | 90
Excess bond and power charge balancing account | ​ | ​ | 9 | ​ | ​ | (56)
Other | ​ |  | 72 | ​ |  | (26)
Asset | ​ | $ | 2,549 | ​ | $ | 2,289
​

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

X
- Definition The entire disclosure for detailed information about regulatory assets and liabilities, including current and noncurrent assets created when regulatory agencies permit the deferral of costs to the balance sheet that would otherwise be required to appear on the company's income statement and would be charged against current expenses or revenues, as well as current and noncurrent liabilities created when regulatory agencies permit. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRegulatoryAssetsAndLiabilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration