Edison International (EIX) financial statements (2020 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)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 547 | 144 | 1,091 | 96 | 161 | 132 | 146 | ||
| Cash and cash equivalents | 547 | 144 | 1,091 | 96 | 161 | 132 | 146 | ||
| Restricted cash and investments | 1 | 8 | |||||||
| Receivables | 1,099 | 730 | 717 | 714 | 771 | 790 | 838 | ||
| Inventory, net of allowances, customer advances and progress billings | 348 | 282 | 242 | 239 | 267 | 281 | 256 | ||
| Inventory | 348 | 282 | 242 | 239 | 267 | 281 | 256 | ||
| Prepaid expense | 293 | 148 | 233 | ||||||
| Derivative instruments and hedges, assets | 49 | 171 | 105 | 73 | 79 | 102 | 122 | ||
| Regulatory current assets | 1,120 | 1,133 | 703 | 350 | 560 | 1,254 | 538 | ||
| Costs in excess of billings | ✕ | ✕ | 212 | 370 | 565 | 632 | 596 | ||
| Deferred tax assets | ✕ | 452 | (421) | ||||||
| Other current assets | 117 | 78 | 202 | 281 | 251 | 376 | 395 | ||
| Other undisclosed current assets | 1,088 | 665 | 224 | 842 | |||||
| Total current assets: | 4,662 | 3,359 | 3,729 | 2,123 | 2,654 | 4,019 | 3,312 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 705 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 43,235 | 41,348 | 39,050 | 37,000 | 35,085 | 32,981 | 30,455 | ||
| Long-term investments and receivables | 89 | 63 | 73 | 83 | 203 | 207 | 207 | ||
| Long-term investments | 89 | 63 | 73 | 83 | 203 | 207 | 207 | ||
| Derivative instruments and hedges | 1 | 84 | 219 | 251 | |||||
| Regulated entity, other noncurrent assets | 5,731 | 5,380 | 4,914 | 7,455 | 7,512 | 7,612 | 7,241 | ||
| Other noncurrent assets | 2,462 | 2,445 | 374 | 415 | 441 | 349 | 686 | ||
| Deferred tax assets, net | ✕ | (7,214) | 7,241 | ||||||
| Other undisclosed noncurrent assets | 7,328 | 4,120 | 4,440 | 4,242 | 4,331 | 12,013 | (2,747) | ||
| Total noncurrent assets: | 59,550 | 53,356 | 48,851 | 49,196 | 47,656 | 46,167 | 43,334 | ||
| TOTAL ASSETS: | 64,212 | 56,715 | 52,580 | 51,319 | 50,310 | 50,186 | 46,646 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,663 | 1,532 | 1,526 | 1,392 | 1,382 | 1,661 | 1,765 | ||
| Accounts payable | 1,663 | 1,511 | 1,503 | 1,342 | 1,310 | 1,580 | 1,407 | ||
| Taxes payable | 21 | 23 | 50 | 72 | 81 | 358 | |||
| Debt | 1,570 | 799 | 2,874 | 2,288 | 990 | 1,795 | 810 | ||
| Derivative instruments and hedges, liabilities | 1 | 216 | 218 | 196 | 152 | ||||
| Regulatory liability | 1,010 | 1,532 | 1,121 | 756 | 1,128 | 401 | 767 | ||
| Customer advances and deposits | ✕ | ✕ | 281 | 269 | 242 | ✕ | |||
| Other liabilities | 1,458 | 1,233 | 1,265 | 991 | 967 | 1,205 | 1,186 | ||
| Other undisclosed current liabilities | 302 | 299 | 221 | 201 | |||||
| Total current liabilities: | 6,003 | 5,395 | 7,068 | 5,912 | 4,927 | 5,479 | 4,881 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 17,681 | 14,632 | 11,642 | 10,175 | 10,964 | 10,234 | 9,825 | ||
| Long-term debt, excluding current maturities | 17,066 | 14,632 | 11,642 | 10,175 | 10,964 | 10,234 | 9,825 | ||
| Operating lease, liability | 615 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 20,506 | 14,791 | 19,985 | 21,040 | 21,025 | 21,485 | 20,249 | ||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 2,155 | 1,378 | ||
| Asset retirement obligations | 3,030 | 3,031 | 2,908 | 2,590 | 2,764 | 2,821 | 3,418 | ||
| Deferred tax liabilities, net | ✕ | 4,567 | 8,327 | 7,480 | 7,313 | 7,346 | |||
| Deferred income tax liabilities | 5,023 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 861 | 869 | 943 | 1,354 | 1,759 | ✕ | |||
| Regulatory liability | 8,544 | 8,329 | 8,614 | 5,726 | 5,676 | 5,889 | 4,995 | ||
| Other liabilities | 3,048 | 2,562 | 2,953 | 2,102 | 2,246 | 2,255 | 2,070 | ||
| Derivative instruments and hedges, liabilities | 941 | 1,100 | 1,052 | 1,042 | |||||
| Other undisclosed noncurrent liabilities | 4,669 | 9,245 | |||||||
| Total noncurrent liabilities: | 42,856 | 38,668 | 31,627 | 31,215 | 31,989 | 31,719 | 30,074 | ||
| Total liabilities: | 48,859 | 44,063 | 38,695 | 37,127 | 36,916 | 37,198 | 34,955 | ||
| Temporary equity, carrying amount | 19 | 5 | 6 | 6 | |||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 8,414 | 7,914 | 9,145 | 9,491 | 8,884 | 8,515 | 7,535 | ||
| Accumulated other comprehensive loss | (55) | (50) | (43) | (53) | (56) | (58) | (13) | ||
| Retained earnings | 8,469 | 7,964 | 9,188 | 9,544 | 8,940 | 8,573 | 7,548 | ||
| Stockholders' equity attributable to noncontrolling interest | 2 | 1,753 | |||||||
| Other undisclosed stockholders' equity | 6,939 | 4,738 | 4,719 | 4,696 | 4,504 | 4,467 | 2,403 | ||
| Total stockholders' equity: | 15,353 | 12,652 | 13,866 | 14,187 | 13,388 | 12,982 | 11,691 | ||
| TOTAL LIABILITIES AND EQUITY: | 64,212 | 56,715 | 52,580 | 51,319 | 50,310 | 50,186 | 46,646 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,386 | 12,657 | 12,320 | 11,869 | 11,524 | 13,413 | 12,581 | |
| Cost of revenue | (12,830) | (13,219) | (8,020) | (7,054) | (6,920) | (7,596) | (6,509) | |
| Cost of goods and services sold | (4,873) | (4,527) | (4,266) | (5,593) | (4,891) | |||
| Gross profit: | (444) | (562) | 4,300 | 4,815 | 4,604 | 5,817 | 6,072 | |
| Operating expenses | (109) | 10 | (2,807) | (2,723) | (2,596) | (3,345) | (4,357) | |
| Other operating income, net | 9 | |||||||
| Other undisclosed operating loss | (9) | |||||||
| Operating income (loss): | (553) | (552) | 1,493 | 2,092 | 2,008 | 2,472 | 1,715 | |
| Nonoperating income (expense) | 172 | 197 | 95 | 79 | 115 | (25) | (521) | |
| Loss on contract termination | (157) | (571) | ||||||
| Public utilities, allowance for funds used during construction, additions | 65 | |||||||
| Other nonoperating income | 172 | 197 | 95 | 79 | 115 | 67 | 50 | |
| Interest and debt expense | (815) | (734) | (639) | (581) | (555) | (560) | (544) | |
| Income (loss) from continuing operations before income taxes: | (1,196) | (1,089) | 949 | 1,590 | 1,568 | 1,887 | 650 | |
| Income tax expense (benefit) | 994 | 739 | (281) | (177) | (486) | (443) | (242) | |
| Other undisclosed income from continuing operations | 92 | 571 | ||||||
| Income (loss) from continuing operations: | (202) | (350) | 668 | 1,413 | 1,082 | 1,536 | 979 | |
| Income from discontinued operations | 34 | 12 | 35 | 185 | 36 | |||
| Other undisclosed income before gain (loss) on sale of properties | 34 | |||||||
| Net income (loss): | (168) | (316) | 668 | 1,425 | 1,117 | 1,721 | 1,015 | |
| Net income attributable to noncontrolling interest | 14 | 21 | 9 | 16 | 3 | |||
| Other undisclosed net loss attributable to parent | (112) | (100) | ||||||
| Net income (loss) attributable to parent: | (168) | (302) | 689 | 1,434 | 1,133 | 1,612 | 915 | |
| Other undisclosed net loss available to common stockholders, basic | (121) | (121) | (124) | (123) | (113) | (186) | (36) | |
| Net income (loss) available to common stockholders, basic: | (289) | (423) | 565 | 1,311 | 1,020 | 1,426 | 879 | |
| Dilutive securities, effect on basic earnings per share | 1 | 1 | 1 | 1 | ||||
| Other undisclosed net loss available to common stockholders, diluted | (34) | (34) | (12) | (36) | ||||
| Net income (loss) available to common stockholders, diluted: | (323) | (457) | 565 | 1,300 | 985 | 1,427 | 880 | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (168) | (316) | 668 | 1,425 | 1,117 | 1,721 | 1,015 | |
| Other comprehensive income (loss) | (3) | (7) | 10 | 3 | 2 | (45) | 74 | |
| Comprehensive income (loss): | (171) | (323) | 678 | 1,428 | 1,119 | 1,676 | 1,089 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (121) | (107) | (103) | (114) | (97) | 109 | 100 | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (218) | (200) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (292) | (430) | 575 | 1,314 | 1,022 | 1,567 | 989 | |
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.