Edison International (EIX) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments39087681441,09196161
Cash and cash equivalents39087681441,09196161
Restricted cash and investments4228   
Receivables2,1922,427788730717714771
Inventory, net of allowances, customer advances and progress billings420405364282242239267
Inventory420405364282242239267
Prepaid expense258281214148233  
Derivative instruments and hedges, assets  811711057379
Regulatory current assets1,7781,3141,0091,133703350560
Costs in excess of billings212370565
Other current assets24922410778202281251
Other undisclosed current assets200321927665224  
Total current assets:5,4915,0613,5603,3593,7292,1232,654
Noncurrent Assets
Operating lease, right-of-use asset1,9321,088693
Nontrade receivables7575     
Property, plant and equipment50,70047,83944,28541,34839,05037,00035,085
Long-term investments and receivables1735364637383203
Long-term investments515364637383203
Accounts and financing receivable, after allowance for credit loss122      
Derivative instruments and hedges     184
Regulated entity, other noncurrent assets7,8137,1206,0885,3804,9147,4557,512
Other noncurrent assets1,4858602,3632,445374415441
Other undisclosed noncurrent assets7,0767,2767,3294,1204,4404,2424,331
Total noncurrent assets:69,25464,31160,82253,35648,85149,19647,656
TOTAL ASSETS:74,74569,37264,38256,71552,58051,31950,310
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,0021,9801,7521,5321,5261,3921,382
Accounts payable2,0021,9801,7521,5111,5031,3421,310
Taxes payable   21235072
Debt3,4312,3986307992,8742,288990
Derivative instruments and hedges, liabilities    1216218
Regulatory liability6035699721,5321,1217561,128
Customer advances and deposits281269242
Other liabilities1,6671,6121,3881,2331,265991967
Other undisclosed current liabilities9063,718781299   
Total current liabilities:8,60910,2775,5235,3957,0685,9124,927
Noncurrent Liabilities
Long-term debt and lease obligation25,52020,50518,47714,63211,64210,17510,964
Long-term debt, excluding current maturities24,17019,63217,86414,63211,64210,17510,964
Operating lease, liability1,350873613
Liabilities, other than long-term debt21,09420,36020,31814,79119,98521,04021,025
Asset retirement obligations2,7722,9303,0293,0312,9082,5902,764
Deferred tax liabilities, net 4,5678,3277,480
Deferred income tax liabilities5,7405,3685,078
Liability, pension and other postretirement and postemployment benefits4965636748699431,3541,759
Regulatory liability8,9818,5898,3858,3298,6145,7265,676
Other liabilities3,1052,9103,1522,5622,9532,1022,246
Derivative instruments and hedges, liabilities     9411,100
Other undisclosed noncurrent liabilities1,7332,2814,5689,245   
Total noncurrent liabilities:48,34743,14643,36338,66831,62731,21531,989
Total liabilities:56,95653,42348,88644,06338,69537,12736,916
Temporary equity, carrying amount    1956
Stockholders' equity
Stockholders' equity attributable to parent, including:15,8888,0868,3137,9149,1459,4918,884
Accumulated other comprehensive loss(54)(69)(69)(50)(43)(53)(56)
Retained earnings7,8948,1558,3827,9649,1889,5448,940
Other undisclosed stockholders' equity attributable to parent8,048      
Stockholders' equity attributable to noncontrolling interest    2  
Other undisclosed stockholders' equity1,9017,8637,1834,7384,7194,6964,504
Total stockholders' equity:17,78915,94915,49612,65213,86614,18713,388
TOTAL LIABILITIES AND EQUITY:74,74569,37264,38256,71552,58051,31950,310

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues14,90513,57812,34712,65712,32011,86911,524
Cost of revenue(13,428)(12,529)(10,465)(13,219)(8,020)(7,054)(6,920)
Cost of goods and services sold    (4,873)(4,527)(4,266)
Gross profit:1,4771,0491,882(562)4,3004,8154,604
Operating expenses 168(107)10(2,807)(2,723)(2,596)
Other operating income (expense), net(71)   9  
Other undisclosed operating income (loss)71   (9)  
Operating income (loss):1,4771,2171,775(552)1,4932,0922,008
Nonoperating income2372511931979579115
Loss from catastrophes(1,276)      
Public utilities, allowance for funds used during construction, additions118      
Other nonoperating income 2511931979579115
Interest and debt expense(925)(902)(841)(734)(639)(581)(555)
Income (loss) from continuing operations before income taxes:7895661,127(1,089)9491,5901,568
Income tax expense (benefit)136305278739(281)(177)(486)
Income (loss) from continuing operations:9258711,405(350)6681,4131,082
Income from discontinued operations   34 1235
Net income (loss):9258711,405(316)6681,4251,117
Net income attributable to noncontrolling interest   1421916
Other undisclosed net loss attributable to parent (132)(121)    
Net income (loss) attributable to parent:9257391,284(302)6891,4341,133
Other undisclosed net loss available to common stockholders, basic(166)  (121)(124)(123)(113)
Net income (loss) available to common stockholders, basic:7597391,284(423)5651,3111,020
Dilutive securities, effect on basic earnings per share1    11
Other undisclosed net loss available to common stockholders, diluted   (34) (12)(36)
Net income (loss) available to common stockholders, diluted:7607391,284(457)5651,300985

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):9258711,405(316)6681,4251,117
Other comprehensive income (loss)15 (9)(7)1032
Comprehensive income (loss):9408711,396(323)6781,4281,119
Comprehensive loss, net of tax, attributable to noncontrolling interest(106)(132)(121)(107)(103)(114)(97)
Comprehensive income (loss), net of tax, attributable to parent:8347391,275(430)5751,3141,022

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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