Edison International (EIX) financial statements (2021 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments87681441,09196161132
Cash and cash equivalents87681441,09196161132
Restricted cash and investments228    
Receivables2,427788730717714771790
Inventory, net of allowances, customer advances and progress billings405364282242239267281
Inventory405364282242239267281
Prepaid expense281214148233   
Derivative instruments and hedges, assets 811711057379102
Regulatory current assets1,3141,0091,1337033505601,254
Costs in excess of billings212370565632
Deferred tax assets    452
Other current assets22410778202281251376
Other undisclosed current assets321927665224   
Total current assets:5,0613,5603,3593,7292,1232,6544,019
Noncurrent Assets
Operating lease, right-of-use asset1,088693
Nontrade receivables75      
Property, plant and equipment47,83944,28541,34839,05037,00035,08532,981
Long-term investments and receivables5364637383203207
Long-term investments5364637383203207
Derivative instruments and hedges    184219
Regulated entity, other noncurrent assets7,1206,0885,3804,9147,4557,5127,612
Other noncurrent assets8602,3632,445374415441349
Deferred tax assets, net    (7,214)
Other undisclosed noncurrent assets7,2767,3294,1204,4404,2424,33112,013
Total noncurrent assets:64,31160,82253,35648,85149,19647,65646,167
TOTAL ASSETS:69,37264,38256,71552,58051,31950,31050,186
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,9801,7521,5321,5261,3921,3821,661
Accounts payable1,9801,7521,5111,5031,3421,3101,580
Taxes payable  2123507281
Debt2,3986307992,8742,2889901,795
Derivative instruments and hedges, liabilities   1216218196
Regulatory liability5699721,5321,1217561,128401
Customer advances and deposits281269242 
Other liabilities1,6121,3881,2331,2659919671,205
Other undisclosed current liabilities3,718781299   221
Total current liabilities:10,2775,5235,3957,0685,9124,9275,479
Noncurrent Liabilities
Long-term debt and lease obligation20,50518,47714,63211,64210,17510,96410,234
Long-term debt, excluding current maturities19,63217,86414,63211,64210,17510,96410,234
Operating lease, liability873613
Liabilities, other than long-term debt20,36020,31814,79119,98521,04021,02521,485
Pension and other postretirement defined benefit plans, liabilities2,155
Asset retirement obligations2,9303,0293,0312,9082,5902,7642,821
Deferred tax liabilities, net 4,5678,3277,4807,313
Deferred income tax liabilities5,3685,078
Liability, pension and other postretirement and postemployment benefits5636748699431,3541,759 
Regulatory liability8,5898,3858,3298,6145,7265,6765,889
Other liabilities2,9103,1522,5622,9532,1022,2462,255
Derivative instruments and hedges, liabilities    9411,1001,052
Other undisclosed noncurrent liabilities2,2814,5689,245    
Total noncurrent liabilities:43,14643,36338,66831,62731,21531,98931,719
Total liabilities:53,42348,88644,06338,69537,12736,91637,198
Temporary equity, carrying amount   19566
Stockholders' equity
Stockholders' equity attributable to parent8,0868,3137,9149,1459,4918,8848,515
Accumulated other comprehensive loss(69)(69)(50)(43)(53)(56)(58)
Retained earnings8,1558,3827,9649,1889,5448,9408,573
Stockholders' equity attributable to noncontrolling interest   2   
Other undisclosed stockholders' equity7,8637,1834,7384,7194,6964,5044,467
Total stockholders' equity:15,94915,49612,65213,86614,18713,38812,982
TOTAL LIABILITIES AND EQUITY:69,37264,38256,71552,58051,31950,31050,186

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues13,57812,34712,65712,32011,86911,52413,413
Cost of revenue(12,529)(10,465)(13,219)(8,020)(7,054)(6,920)(7,596)
Cost of goods and services sold   (4,873)(4,527)(4,266)(5,593)
Gross profit:1,0491,882(562)4,3004,8154,6045,817
Operating expenses168(107)10(2,807)(2,723)(2,596)(3,345)
Other operating income, net   9   
Other undisclosed operating loss   (9)   
Operating income (loss):1,2171,775(552)1,4932,0922,0082,472
Nonoperating income (expense)2511931979579115(25)
Loss on contract termination      (157)
Public utilities, allowance for funds used during construction, additions      65
Other nonoperating income251193197957911567
Interest and debt expense(902)(841)(734)(639)(581)(555)(560)
Income (loss) from continuing operations before income taxes:5661,127(1,089)9491,5901,5681,887
Income tax expense (benefit)305278739(281)(177)(486)(443)
Other undisclosed income from continuing operations      92
Income (loss) from continuing operations:8711,405(350)6681,4131,0821,536
Income from discontinued operations  34 1235185
Net income (loss):8711,405(316)6681,4251,1171,721
Net income attributable to noncontrolling interest  14219163
Other undisclosed net loss attributable to parent(132)(121)    (112)
Net income (loss) attributable to parent:7391,284(302)6891,4341,1331,612
Other undisclosed net loss available to common stockholders, basic  (121)(124)(123)(113)(186)
Net income (loss) available to common stockholders, basic:7391,284(423)5651,3111,0201,426
Dilutive securities, effect on basic earnings per share    111
Other undisclosed net loss available to common stockholders, diluted  (34) (12)(36) 
Net income (loss) available to common stockholders, diluted:7391,284(457)5651,3009851,427

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):8711,405(316)6681,4251,1171,721
Other comprehensive income (loss) (9)(7)1032(45)
Comprehensive income (loss):8711,396(323)6781,4281,1191,676
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(132)(121)(107)(103)(114)(97)109
Other undisclosed comprehensive loss, net of tax, attributable to parent      (218)
Comprehensive income (loss), net of tax, attributable to parent:7391,275(430)5751,3141,0221,567

Statements sources

The financial statements are based on the company's filings with the 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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