v3.26.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash
The following table sets forth the cash, cash equivalents, restricted cash and restricted cash equivalents included in the condensed consolidated statements of cash flows:
Edison InternationalSCE
(in millions)March 31,
2026		December 31,
2025		March 31,
2026		December 31,
2025
Cash and cash equivalents1
$168 $158 $110 $98 
Short-term restricted cash and cash equivalents2
560 552 556 549 
Long-term restricted cash and cash equivalents3
43 10 43 10 
Total cash and cash equivalents and restricted cash and cash equivalents$771 $720 $709 $657 
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 settlements (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 March 31, 2026Three months ended March 31, 2025
(in millions)CustomersAll others
Total2
CustomersAll othersTotal
Beginning balance$360 $42 $402 $372 $18 $390 
Current period provision for uncollectible accounts1
60 2 62 78 3 81 
Write-offs, net of recoveries(76)(2)(78)(128)(3)(131)
Ending balance$344 $42 $386 $322 $18 $340 
1This includes $44 million and $66 million of incremental costs, for the three months ended March 31, 2026 and 2025, respectively, which were probable of recovery from customers and recorded as regulatory assets.
2Approximately $39 million and $49 million of allowance for uncollectible accounts are included in "Other long-term assets" on SCE's condensed consolidated balance sheets as of March 31, 2026 and December 31, 2025, respectively.
Schedule of EPS Available 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)20262025
Basic earnings per share:
Net income available to Edison International common shareholders$531 $1,436 
Earnings allocated to participating securities— (1)
Income available to common shareholders$531 $1,435 
Weighted average common shares outstanding385 385 
Basic earnings per share$1.38 $3.73 
Diluted earnings per share:
Income available to common shareholders$531 $1,435 
Add back: Earnings allocated to participating securities— 1 
Net income available to Edison International common shareholders$531 $1,436 
Weighted average common shares outstanding385 385 
Effect of dilutive securities2 1 
Adjusted weighted average shares – diluted387 386 
Diluted earnings per share$1.37 $3.72