The following tables provide Edison International's changes in equity:


	Equity Attributable to Edison International Shareholders												Noncontrolling Interests
	Preferred stock			Common stock			Accumulated Other Comprehensive Income		Retained Earnings		Subtotal		Preference Stock		Total Equity
(in millions, except shares and per share amounts)	Shares	Amount		Shares	Amount
Balance at December 31, 2025	502,279	$	497	384,787,056	$	6,362	$	6	$	10,714	$	17,579	$	1,680	$	19,259
Net income	—	—		—	—		—		541		541		29		570
Common stock issued	—	—		404,516	2		—		—		2		—		2
Common stock repurchased	—	—		(397,631)	(26)		—		—		(26)		—		(26)
Common stock dividends declared ($0.8775 per share)	—	—		—	—		—		(338)		(338)		—		(338)
Preferred stock dividends declared ($26.875 per share for Series A and $25.00 per share for Series B)	—	—		—	—		—		(13)		(13)		—		(13)
Dividends to noncontrolling interests ($31.250 - $46.875 per share for preference stock)	—	—		—	—		—		(1)		(1)		(26)		(27)
Shares withheld for tax withholdings on vested equity awards	—	—		—	(16)		—		—		(16)		—		(16)
Noncash stock-based compensation	—	—		—	10		—		1		11		—		11
Preference stock redeemed	—	—		—	—		—		—		—		(119)		(119)
Preferred stock repurchased	(418,776)	(414)		—	—		—		(5)		(419)		—		(419)
Balance at March 31, 2026	83,503	$	83	384,793,941	$	6,332	$	6	$	10,899	$	17,320	$	1,564	$	18,884


	Equity Attributable to Edison International Shareholders								Noncontrolling Interests
	Preferred stock			Common stock			Retained Earnings		Subtotal		Preference Stock		Total Equity
(in millions, except shares and per share amounts)	Shares	Amount		Shares	Amount
Balance at December 31, 2024	1,662,771	$	1,645	384,784,719	$	6,353	$	7,567	$	15,565	$	2,175	$	17,740
Net income	—	—		—	—		1,458		1,458		34		1,492

Common stock issued	—	—		478,943	2		—		2		—		2
Common stock repurchased	—	—		(500,000)	(29)		—		(29)		—		(29)
Common stock dividends declared ($0.8275 per share)	—	—		—	—		(319)		(319)		—		(319)
Preferred stock dividends declared ($26.875 per share for Series A and $25.00 per share for Series B)	—	—		—	—		(44)		(44)		—		(44)
Dividends to noncontrolling interests ($31.250 - $46.875 per share for preference stock)	—	—		—	—		—		—		(34)		(34)
Shares withheld for tax withholdings on vested equity awards	—	—		—	(21)		—		(21)		—		(21)
Noncash stock-based compensation	—	—		—	10		—		10		—		10

Balance at March 31, 2025	1,662,771	$	1,645	384,763,662	$	6,315	$	8,662	$	16,622	$	2,175	$	18,797

The following tables provide SCE's changes in equity:


(in millions, except per share amounts)	Preference Stock		Common Stock		Additional Paid-in Capital		Accumulated Other Comprehensive Loss		Retained Earnings		Total Equity
Balance at December 31, 2025	$	1,714	$	2,168	$	8,970	$	(12)	$	11,090	$	23,930
Net income	—		—		—		—		648		648
Other comprehensive income	—		—		—		1		—		1
Dividends declared on common stock ($0.9888 per share)	—		—		—		—		(430)		(430)
Dividends declared on preference stock ($31.250 - $46.875 per share)	—		—		—		—		(27)		(27)
Stock-based compensation	—		—		(22)		—		—		(22)
Noncash stock-based compensation	—		—		5		—		1		6
Preference stock redeemed	(119)		—		3		—		(3)		(119)
Balance at March 31, 2026	$	1,595	$	2,168	$	8,956	$	(11)	$	11,279	$	23,987


(in millions, except per share amounts)	Preference Stock		Common Stock		Additional Paid-in Capital		Accumulated Other Comprehensive Loss		Retained Earnings		Total Equity
Balance at December 31, 2024	$	2,220	$	2,168	$	8,950	$	(9)	$	8,422	$	21,751
Net income	—		—		—		—		1,601		1,601

Dividends declared on common stock ($0.9888 per share)	—		—		—		—		(430)		(430)
Dividends declared on preference stock ($31.250 - $46.875 per share)	—		—		—		—		(34)		(34)
Stock-based compensation	—		—		(21)		—		1		(20)
Noncash stock-based compensation	—		—		7		—		—		7
Balance at March 31, 2025	$	2,220	$	2,168	$	8,936	$	(9)	$	9,560	$	22,875