XML 38 R24.htm IDEA: XBRL DOCUMENT
v3.25.1

Regulatory Assets and Liabilities | 3 Months Ended
--- | ---
Mar. 31, 2025
Regulatory Assets and Liabilities Disclosure [Abstract] |
Regulatory Assets and Liabilities | Regulatory Assets and Liabilities Regulatory Assets SCE's regulatory assets included on the condensed consolidated balance sheets are:
(in millions) | March 31, 2025 |  | December 31, 2024
Current: |  |  |
Regulatory balancing and memorandum accounts | $ | 2,097 |  |  | $ | 2,723 |
Other | 27 |  |  | 25 |
Total current | 2,124 |  |  | 2,748 |
Long-term: |  |  |
Deferred income taxes | 6,095 |  |  | 5,982 |
Unamortized investments, net of accumulated amortization | 120 |  |  | 115 |
Unamortized losses on reacquired debt | 85 |  |  | 88 |
Regulatory balancing and memorandum accounts | 2,436 |  |  | 867 |
Environmental remediation | 219 |  |  | 222 |
Recovery assets | 1,500 |  |  | 1,512 |
Other | 93 |  |  | 100 |
Total long-term | 10,548 |  |  | 8,886 |
Total regulatory assets | $ | 12,672 |  |  | $ | 11,634 |
For more information, see Note 11 of the 2024 Form 10-K. Regulatory Liabilities SCE's regulatory liabilities included on the condensed consolidated balance sheets are:
(in millions) | March 31, 2025 |  | December 31, 2024
Current: |  |  |
Regulatory balancing and memorandum accounts | $ | 386 |  |  | $ | 1,144 |
Energy derivatives | 142 |  |  | 165 |
Other | 35 |  |  | 38 |
Total current | 563 |  |  | 1,347 |
Long-term: |  |  |
Costs of removal | 2,585 |  |  | 2,520 |
Deferred income taxes | 2,150 |  |  | 2,163 |
Recoveries in excess of ARO liabilities | 1,714 |  |  | 1,748 |
Regulatory balancing and memorandum accounts | 2,264 |  |  | 2,023 |
Pension and other postretirement benefits | 1,696 |  |  | 1,690 |
Other | 21 |  |  | 15 |
Total long-term | 10,430 |  |  | 10,159 |
Total regulatory liabilities | $ | 10,993 |  |  | $ | 11,506 |
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:
(in millions) | March 31, 2025 |  | December 31, 2024
Asset (liability) |  |  |
Energy procurement related costs | $ | (106) |  |  | $ | (97) |
Public purpose and energy efficiency | (1,930) |  |  | (1,708) |
GRC related balancing accounts | 992 |  |  | 976 |
FERC related balancing accounts | 131 |  |  | 125 |
Wildfire risk mitigation and insurance | 731 |  |  | 741 |
TKM Settlement cost recovery 1 | 1,556 |  |  | — |
Wildfire and drought restoration | 284 |  |  | 238 |
Tax accounting memorandum account | (88) |  |  | (40) |
Other | 313 |  |  | 188 |
Assets, net of liabilities | $ | 1,883 |  |  | $ | 423 |
1 Cost recoveries authorized under the TKM Settlement Agreement. See Note 12 for more information.

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