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
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income for Southern California Edison Company
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| Consolidated Statements of Income | Southern California Edison Company | |||||||||||
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| · · Years ended December 31, | ||||||
| (in millions) · 2023 · 2022 · 2021 | ||||||
| Operating revenue | | $16,275 | | $17,172 | | $14,874 |
| Purchased power and fuel | | 5,486 | | 6,375 | | 5,540 |
| Operation and maintenance | | 4,071 | | 4,659 | | 3,588 |
| Wildfire-related claims, net of insurance recoveries | | 665 | | 1,305 | | 1,276 |
| Wildfire Insurance Fund expense | | 213 | | 214 | | 215 |
| Depreciation and amortization | | 2,633 | | 2,559 | | 2,216 |
| Property and other taxes | | 566 | | 497 | | 462 |
| Impairment, net of other operating income | | 1 | | 50 | | 67 |
| Total operating expenses | | 13,635 | | 15,659 | | 13,364 |
| Operating income | | 2,640 | | 1,513 | | 1,510 |
| Interest expense | | (1,356) | | (1,005) | | (791) |
| Other income, net | | 497 | | 337 | | 233 |
| Income before income taxes | | 1,781 | | 845 | | 952 |
| Income tax expense (benefit) | | 184 | | (109) | | 17 |
| Net income | | 1,597 | | 954 | | 935 |
| Less: Preference stock dividend requirements | | 123 | | 107 | | 106 |
| Net income available for common stock | | $1,474 | | $847 | | $829 |
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