SOUTHERN CALIFORNIA EDISON Co

For the period ended Dec 31, 2023. Filed Feb 22, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 22, 2024

EIX$60.20+0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets for Southern California Edison Company


Consolidated Balance Sheets	Southern California Edison Company


· · December 31,
(in millions) · · 2023 · 2022
ASSETS · ·
Cash and cash equivalents	$214	$766
Receivables, less allowances of $360 and $347 for uncollectible accounts at respective dates	1,981	1,675
Accrued unbilled revenue	741	638
Inventory	527	474
Prepaid expenses	111	292
Regulatory assets	2,524	2,497
Wildfire Insurance Fund contributions	204	204
Other current assets	331	384
Total current assets	6,633	6,930
Nuclear decommissioning trusts	4,173	3,948
Other investments	38	36
Total investments	4,211	3,984
Utility property, plant and equipment, less accumulated depreciation and amortization of $12,910 and $12,260 at respective dates	55,877	53,274
Nonutility property, plant and equipment, less accumulated depreciation of $100 and $94 at respective dates	201	206
Total property, plant and equipment	56,078	53,480
Regulatory assets (include $1,558 and $834 related to VIEs at respective dates)	8,897	8,181
Wildfire Insurance Fund contributions	1,951	2,155
Operating lease right-of-use assets	1,214	1,433
Long-term insurance receivables	157	139
Long-term insurance receivables due from affiliate	355	334
Other long-term assets	1,987	1,171
Total long-term assets	14,561	13,413
Total assets	$81,483	$77,807


Consolidated Balance Sheets	Southern California Edison Company


· · December 31,
(in millions, except share amounts) · · 2023 · 2022
LIABILITIES AND EQUITY · ·
Short-term debt	$831	$925
Current portion of long-term debt	2,197	2,214
Accounts payable	1,966	2,351
Wildfire-related claims	30	121
Customer deposits	177	167
Regulatory liabilities	763	964
Current portion of operating lease liabilities	118	505
Other current liabilities	1,713	1,578
Total current liabilities	7,795	8,825
Long-term debt (include $1,515 and $809 related to VIEs at respective dates)	26,297	24,044
Deferred income taxes and credits	8,126	7,545
Pensions and benefits	105	105
Asset retirement obligations	2,666	2,754
Regulatory liabilities	9,420	8,211
Operating lease liabilities	1,096	928
Wildfire-related claims	1,368	1,687
Other deferred credits and other long-term liabilities	3,206	2,919
Total deferred credits and other liabilities	25,987	24,149
Total liabilities	60,079	57,018
Commitments and contingencies (Note 12)
Preference stock	2,495	1,945
Common stock, no par value (560,000,000 shares authorized; 434,888,104 shares issued and outstanding at respective dates)	2,168	2,168
Additional paid-in capital	8,446	8,441
Accumulated other comprehensive loss	(12)	(8)
Retained earnings	8,307	8,243
Total equity	21,404	20,789
Total liabilities and equity	$81,483	$77,807

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.