SOUTHERN CALIFORNIA EDISON Co

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

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FY2023 · Filed Feb 22, 2024

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

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Contents

Consolidated Statements of Income for Edison International


Consolidated Statements of Income	Edison International



· · Years ended December 31,
(in millions, except per-share amounts) · · 2023 · 2022 · 2021
Operating revenue	$16,338	$17,220	$14,905
Purchased power and fuel	5,486	6,375	5,540
Operation and maintenance	4,138	4,724	3,645
Wildfire-related claims, net of insurance recoveries	667	1,313	1,276
Wildfire Insurance Fund expense	213	214	215
Depreciation and amortization	2,635	2,561	2,218
Property and other taxes	571	501	465
Impairment, net of other operating income	1	49	69
Total operating expenses	13,711	15,737	13,428
Operating income	2,627	1,483	1,477
Interest expense	(1,612)	(1,169)	(925)
Other income, net	500	348	237
Income before income taxes	1,515	662	789
Income tax expense (benefit)	108	(162)	(136)
Net income	1,407	824	925
Less: Preference stock dividend requirements of SCE	123	107	106
Preferred stock dividend requirements of Edison International	87	105	60
Net income attributable to Edison International common shareholders	$1,197	$612	$759
Basic earnings per share:
Weighted average shares of common stock outstanding	383	381	380
Basic earnings per common share attributable to Edison International common shareholders	$3.12	$1.61	$2.00
Diluted earnings per share:
Weighted average shares of common stock outstanding, including effect of dilutive securities	385	383	380
Diluted earnings per common share attributable to Edison International common shareholders	$3.11	$1.60	$2.00

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