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Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Mar. 31, 2025
Accounting Policies [Abstract] |
Schedule of Cash, Cash Equivalents and Restricted Cash | The following table sets forth the cash, cash equivalents and restricted cash included in the condensed consolidated statements of cash flows:
| Edison International |  | SCE
(in millions) | March 31, 2025 |  | December 31, 2024 |  | March 31, 2025 |  | December 31, 2024
Cash and cash equivalents 1 | $ | 1,318 |  |  | $ | 193 |  |  | $ | 1,094 |  |  | $ | 78 |
Short-term restricted cash 2 | 60 |  |  | 40 |  |  | 58 |  |  | 36 |
Long-term restricted cash 3 | 530 |  |  | 451 |  |  | 530 |  |  | 451 |
Total cash, cash equivalents and restricted cash | $ | 1,908 |  |  | $ | 684 |  |  | $ | 1,682 |  |  | $ | 565 |
1 Cash equivalents consist of investments in money market funds. Generally, the carrying value of cash equivalents equals the fair value, as these investments have original maturities of three months or less. 2 Includes SCE Recovery Funding LLC's restricted cash for payments of senior secured recovery bonds and is reflected in "Other current assets" on Edison International's and SCE's condensed consolidated balance sheets. 3 The SCE amount represents cash collected for customer-funded wildfire self-insurance and is reflected in "Other long-term assets" on Edison International's and SCE's condensed consolidated balance sheets. See Note 12 for further information.
Schedule of Changes in Allowance for Uncollectible Accounts | The following table sets forth the changes in allowance for uncollectible accounts for SCE:
| Three months ended March 31, 2025 |  |  | Three months ended March 31, 2024
(in millions) | Customers |  | All others |  | Total 2 |  |  | Customers |  | All others |  | Total
Beginning balance | $ | 372 |  |  | $ | 18 |  |  | $ | 390 |  |  |  | $ | 347 |  |  | $ | 17 |  |  | $ | 364 |
Current period provision for uncollectible accounts 1 | 78 |  |  | 3 |  |  | 81 |  |  |  | 60 |  |  | 1 |  |  | 61 |
Write-offs, net of recoveries | (128) |  |  | (3) |  |  | (131) |  |  |  | (60) |  |  | (2) |  |  | (62) |
Ending balance | $ | 322 |  |  | $ | 18 |  |  | $ | 340 |  |  |  | $ | 347 |  |  | $ | 16 |  |  | $ | 363 |
1 This includes $66 million and $50 million of incremental costs, for the three months ended March 31, 2025 and 2024, respectively, which were probable of recovery from customers and recorded as regulatory assets. 2 Approximately $44 million and $43 million of allowance for uncollectible accounts are included in "Other long-term assets" on SCE's condensed consolidated balance sheets as of March 31, 2025 and December 31, 2024, respectively.
Schedule of EPS Attributable to Edison International Common Shareholders | EPS available to Edison International common shareholders was computed as follows:
| Three months ended March 31, |  |
(in millions, except per-share amounts) | 2025 |  | 2024 |  |  |  |
Basic earnings per share: |  |  |  |  |  |  |
Net income (loss) attributable to common shareholders | $ | 1,436 |  |  | $ | (11) |  |  |  |  |
Participating securities dividends | (1) |  |  | — |  |  |  |  |
Net income (loss) available to common shareholders | $ | 1,435 |  |  | $ | (11) |  |  |  |  |
Weighted average common shares outstanding | 385 |  |  | 385 |  |  |  |  |
Basic earnings (loss) per share | $ | 3.73 |  |  | $ | (0.03) |  |  |  |  |
Diluted earnings per share: |  |  |  |  |  |  |
Net income (loss) available to common shareholders | $ | 1,435 |  |  | $ | (11) |  |  |  |  |
Income impact of assumed conversions | 1 |  |  | — |  |  |  |  |
Net income (loss) available to common shareholders and assumed conversions | $ | 1,436 |  |  | $ | (11) |  |  |  |  |
Weighted average common shares outstanding | 385 |  |  | 385 |  |  |  |  |
Incremental shares from assumed conversions 1 | 1 |  |  | — |  |  |  |  |
Adjusted weighted average shares – diluted | 386 |  |  | 385 |  |  |  |  |
Diluted earnings (loss) per share | $ | 3.72 |  |  | $ | (0.03) |  |  |  |  |
1 Due to the loss reported for the quarter ended March 31, 2024, incremental shares were not included as the effect would be antidilutive.

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