Edison International (EIX) Financial Statements (2024 and earlier)

Company Profile

Business Address 2244 WALNUT GROVE AVE,
ROSEMEAD, CA 91770
State of Incorp. CA
Fiscal Year End December 31
Industry (SIC) 4911 - Electric Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments91439087681441,091
Cash and cash equivalents91439087681441,091
Restricted cash and investments34228 
Receivables2,3362,1922,427788730717
Inventory, net of allowances, customer advances and progress billings474420405364282242
Inventory474420405364282242
Prepaid expense248258281214148233
Derivative instruments and hedges, assets    81171105
Regulatory asset2,4971,7781,3141,0091,133703
Costs in excess of billings212
Other current assets39724922410778202
Other undisclosed current assets201200321927665224
Total current assets:7,0705,4915,0613,5603,3593,729
Noncurrent Assets
Operating lease, right-of-use asset1,4421,9321,088693
Nontrade receivables4657575   
Property, plant and equipment53,48650,70047,83944,28541,34839,050
Long-term investments and receivables5717353646373
Long-term investments555153646373
Accounts and financing receivable, after allowance for credit loss 2122    
Regulated entity, other noncurrent assets8,3597,8137,1206,0885,3804,914
Other noncurrent assets1,2371,4858602,3632,445374
Other undisclosed noncurrent assets5,9257,0767,2767,3294,1204,440
Total noncurrent assets:70,97169,25464,31160,82253,35648,851
TOTAL ASSETS:78,04174,74569,37264,38256,71552,580
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,3592,0021,9801,7521,5321,526
Taxes payable   2123
Accounts payable2,3592,0021,9801,7521,5111,503
Debt4,6293,4312,3986307992,874
Derivative instruments and hedges, liabilities      1
Regulatory liability9646035699721,5321,121
Customer advances and deposits281
Other liabilities1,6011,6671,6121,3881,2331,265
Other undisclosed current liabilities7949063,718781299 
Total current liabilities:10,3478,60910,2775,5235,3957,068
Noncurrent Liabilities
Long-term debt and lease obligation27,02525,52020,50518,47714,63211,642
Long-term debt, excluding current maturities27,02524,17019,63217,86414,63211,642
Liabilities, other than long-term debt, including:23,14721,09420,36020,31814,79119,985
Asset retirement obligations2,7542,7722,9303,0293,0312,908
Deferred tax liabilities, net 4,567
Deferred income tax liabilities6,1495,7405,3685,078
Liability, pension and other postretirement and postemployment benefits422496563674869943
Regulatory liability8,2118,9818,5898,3858,3298,614
Other liabilities2,9883,1052,9103,1522,5622,953
Operating lease, liability9361,350873613
Other undisclosed liabilities, other than long-term debt1,687     
Other undisclosed noncurrent liabilities  1,7332,2814,5689,245 
Total noncurrent liabilities:50,17248,34743,14643,36338,66831,627
Total liabilities:60,51956,95653,42348,88644,06338,695
Temporary equity, carrying amount      19
Equity
Equity, attributable to parent, including:15,62115,8888,0868,3137,9149,145
Accumulated other comprehensive loss(11)(54)(69)(69)(50)(43)
Retained earnings7,4547,8948,1558,3827,9649,188
Other undisclosed equity, attributable to parent8,1788,048    
Equity, attributable to noncontrolling interest      2
Other undisclosed equity1,9011,9017,8637,1834,7384,719
Total equity:17,52217,78915,94915,49612,65213,866
TOTAL LIABILITIES AND EQUITY:78,04174,74569,37264,38256,71552,580

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues17,22014,90513,57812,34712,65712,320
Cost of revenue(15,737)(13,428)(12,529)(10,465)(13,219)(8,020)
Cost of goods and services sold      (4,873)
Gross profit:1,4831,4771,0491,882(562)4,300
Operating expenses  168(107)10(2,807)
Other operating income (expense), net(54)(71)   9
Other undisclosed operating income (loss)5471   (9)
Operating income (loss):1,4831,4771,2171,775(552)1,493
Nonoperating income34823725119319795
Loss from catastrophes(1,313)(1,276)    
Public utilities, allowance for funds used during construction, additions137118    
Other nonoperating income   25119319795
Interest and debt expense(1,169)(925)(902)(841)(734)(639)
Income (loss) from continuing operations before income taxes:6627895661,127(1,089)949
Income tax expense (benefit)162136305278739(281)
Income (loss) from continuing operations:8249258711,405(350)668
Income (loss) before gain (loss) on sale of properties:9258711,405(316)668
Income from discontinued operations     34 
Net income (loss):8249258711,405(316)668
Net income attributable to noncontrolling interest     1421
Other undisclosed net loss attributable to parent   (132)(121)  
Net income (loss) attributable to parent:8249257391,284(302)689
Preferred stock dividends and other adjustments(105)     
Undistributed earnings (loss) allocated to participating securities, basic      
Other undisclosed net loss available to common stockholders, basic(107)(166)  (121)(124)
Net income (loss) available to common stockholders, basic:6127597391,284(423)565
Dilutive securities, effect on basic earnings per share11    
Other undisclosed net income (loss) available to common stockholders, diluted    (34) 
Net income (loss) available to common stockholders, diluted:6137607391,284(457)565

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):8249258711,405(316)668
Other comprehensive income (loss)4315 (9)(7)10
Comprehensive income (loss):8679408711,396(323)678
Comprehensive loss, net of tax, attributable to noncontrolling interest(107)(106)(132)(121)(107)(103)
Comprehensive income (loss), net of tax, attributable to parent:7608347391,275(430)575

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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