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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 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 InternationalSCE
(in millions)September 30,
2025
December 31,
2024
September 30,
2025
December 31,
2024
Cash and cash equivalents1
$364 $193 $305 $78 
Short-term restricted cash2
92 40 88 36 
Long-term restricted cash3
441 451 441 451 
Total cash, cash equivalents and restricted cash$897 $684 $834 $565 
1Cash 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.
2Includes SCE Recovery Funding LLC's restricted cash for payments of senior secured recovery bonds and cash collected for customer-funded wildfire self-insurance related to the Eaton Subrogation Settlement (see Note 12 for further information). Both are reflected in "Other current assets" on Edison International's and SCE's condensed consolidated balance sheets.
3Represents 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 September 30, 2025Three months ended September 30, 2024
(in millions)CustomersAll others
Total3
CustomersAll othersTotal
Beginning balance$335 $22 $357 $349 $15 $364 
Current period provision for uncollectible accounts1
96 97 90 — 90 
Write-offs, net of recoveries(89)(3)(92)(75)(3)(78)
Ending balance$342 $20 $362 $364 $12 $376 
Nine months ended September 30, 2025Nine months ended September 30, 2024
(in millions)CustomersAll others
Total3
CustomersAll othersTotal
Beginning balance$372 $18 $390 $347 $17 $364 
Current period provision for uncollectible accounts2
256 10 266 204 208 
Write-offs, net of recoveries(286)(8)(294)(187)(9)(196)
Ending balance$342 $20 $362 $364 $12 $376 
1This includes $76 million and $74 million of incremental costs, for the three months ended September 30, 2025 and 2024, respectively, which were probable of recovery from customers and recorded as regulatory assets.
2This includes $211 million and $170 million of incremental costs, for the nine months ended September 30, 2025 and 2024, respectively, which were probable of recovery from customers and recorded as regulatory assets.
3Approximately $41 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 September 30, 2025 and December 31, 2024, respectively.
Schedule of EPS Available to Edison International Common Shareholders
EPS available to Edison International common shareholders was computed as follows:
Three months ended September 30,Nine months ended September 30,
(in millions, except per-share amounts)2025202420252024
Basic earnings per share:
Net income available to Edison International common shareholders$832 $516 $2,611 $944 
Earnings allocated to participating securities— — (1)— 
Income available to common shareholders$832 $516 $2,610 $944 
Weighted average common shares outstanding385 387 385 386 
Basic earnings per share$2.16 $1.33 $6.78 $2.45 
Diluted earnings per share:
Income available to common shareholders$832 $516 $2,610 $944 
Add back: Earnings allocated to participating securities— — 
Net income available to Edison International common shareholders$832 $516 $2,611 $945 
Weighted average common shares outstanding385 387 385 386 
Effect of dilutive securities
Adjusted weighted average shares – diluted386 390 386 388 
Diluted earnings per share$2.16 $1.32 $6.76 $2.44