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Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2023
Summary of Significant Accounting Policies |
Cash Equivalents | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Edison International | ​ | SCE
​ | ​ | September 30, | ​ | December 31, | ​ | September 30, | ​ | December 31,
(in millions) |  | 2023 |  | 2022 | ​ | 2023 |  | 2022
Money market funds | ​ | $ | 120 | ​ | $ | 784 | ​ | $ | — | ​ | $ | 647
Cash, Cash Equivalents and Restricted Cash | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, |  | December 31,
(in millions) |  | 2023 |  | 2022
Edison International: | ​ |  | ​ | ​ |  | ​
Cash and cash equivalents | ​ | $ | 446 | ​ | $ | 914
Short-term restricted cash1 | ​ |  | 3 | ​ |  | 3
Total cash, cash equivalents and restricted cash | ​ | $ | 449 | ​ | $ | 917
SCE: | ​ |  | ​ | ​ |  | ​
Cash and cash equivalents | ​ | $ | 317 | ​ | $ | 766
Short-term restricted cash1 | ​ |  | 1 | ​ |  | —
Total cash, cash equivalents and restricted cash | ​ | $ | 318 | ​ | $ | 766
1 | Reflected in "Other current assets" on Edison International's and SCE’s consolidated balance sheets.
Changes in Allowance for Uncollectible Accounts | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | ​ | Three months ended
​ | ​ | September 30, 2023 | ​ | ​ | September 30, 2022
(in millions) | ​ | Customers | ​ | All others | ​ | Total | ​ | ​ | Customers | ​ | All others | ​ | Total
Beginning balance | ​ | $ | 326 |  | $ | 17 | ​ | $ | 343 | ​ | ​ | $ | 364 |  | $ | 17 | ​ | $ | 381
Current period provision for uncollectible accounts2 | ​ | ​ | 25 | ​ | ​ | 5 | ​ | ​ | 30 | ​ | ​ | ​ | 69 | ​ | ​ | 2 | ​ | ​ | 71
Write-offs, net of recoveries | ​ |  | (22) | ​ | ​ | (6) | ​ |  | (28) | ​ | ​ |  | (24) | ​ |  | (2) | ​ |  | (26)
Ending balance | ​ | $ | 329 |  | $ | 16 | ​ | $ | 345 | 1 | ​ | $ | 409 |  | $ | 17 | ​ | $ | 426
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended | ​ | ​ | Nine months ended
​ | ​ | September 30, 2023 | ​ | ​ | September 30, 2022
(in millions) | ​ | Customers | ​ | All others | ​ | Total | ​ | ​ | Customers | ​ | All others | ​ | Total
Beginning balance | ​ | $ | 334 |  | $ | 20 | ​ | $ | 354 | 1 | ​ | $ | 293 |  | $ | 16 | ​ | $ | 309
Current period provision for uncollectible accounts3 | ​ | ​ | 65 | ​ | ​ | 6 | ​ | ​ | 71 | ​ | ​ | ​ | 160 | ​ | ​ | 11 | ​ | ​ | 171
Write-offs, net of recoveries | ​ |  | (70) | ​ | ​ | (10) | ​ |  | (80) | ​ | ​ | ​ | (44) | ​ | ​ | (10) | ​ | ​ | (54)
Ending balance | ​ | $ | 329 |  | $ | 16 | ​ | $ | 345 | 1 | ​ | $ | 409 |  | $ | 17 | ​ | $ | 426
1 | Approximately $5 million and $7 million of allowance for uncollectible accounts are included in "Other long-term assets" on SCE's consolidated balance sheets as of September 30, 2023 and December 31, 2022, respectively.
2 | This includes $17 million and $57 million of incremental costs, for the three months ended September 30, 2023 and 2022, respectively, which were probable of recovery from customers and recorded as regulatory assets.
3 | This includes $44 million and $115 million of incremental costs, for the nine months ended September 30, 2023 and 2022, respectively, which were probable of recovery from customers and recorded as regulatory assets.
EPS Attributable to Edison International Common Shareholders | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three months ended September 30, |  | Nine months ended September 30,
(in millions, except per-share amounts) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Basic earnings (loss) per share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income (loss) attributable to common shareholders | ​ | $ | 155 | ​ | $ | (128) | ​ | $ | 819 | ​ | $ | 197
Net income (loss) available to common shareholders | ​ | $ | 155 | ​ | $ | (128) | ​ | $ | 819 | ​ | $ | 197
Weighted average common shares outstanding | ​ |  | 383 | ​ |  | 382 | ​ |  | 383 | ​ | ​ | 381
Basic earnings (loss) per share | ​ | $ | 0.40 | ​ | $ | (0.33) | ​ | $ | 2.14 | ​ | $ | 0.52
Diluted earnings (loss) per share: | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
Net income (loss) attributable to common shareholders | ​ | $ | 155 | ​ | $ | (128) | ​ | $ | 819 | ​ | $ | 197
Net income (loss) available to common shareholders | ​ | $ | 155 | ​ | $ | (128) | ​ | $ | 819 | ​ | $ | 197
Income impact of assumed conversions | ​ |  | — | ​ |  | — | ​ |  | 1 | ​ | ​ | —
Net income (loss) available to common shareholders and assumed conversions | ​ | $ | 155 | ​ | $ | (128) | ​ | $ | 820 | ​ | $ | 197
Weighted average common shares outstanding | ​ |  | 383 | ​ |  | 382 | ​ |  | 383 | ​ | ​ | 381
Incremental shares from assumed conversions | ​ |  | 2 | ​ |  | 1 | ​ |  | 2 | ​ | ​ | 1
Adjusted weighted average shares – diluted | ​ |  | 385 | ​ |  | 383 | ​ |  | 385 | ​ | ​ | 382
Diluted earnings (loss) per share | ​ | $ | 0.40 | ​ | $ | (0.33) | ​ | $ | 2.13 | ​ | $ | 0.52

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