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爱迪生国际 2026年季度报告

2026-07-30 美股财报 棋落
报告封面

SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended June 30, 2026TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 SOUTHERN CALIFORNIA EDISON COMPANY Edison International: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90days. Edison InternationalYesNoSouthern California Edison CompanyYesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Edison InternationalYesNoSouthern California Edison CompanyYesNo Indicate by checkmark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of theExchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Edison InternationalYesNoSouthern California Edison CompanyYesNo Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: GLOSSARYiiiFORWARD-LOOKING STATEMENTS1MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION ANDRESULTS OF OPERATIONS4MANAGEMENT OVERVIEW4Highlights ofOperating Results4Capital Program5Southern California Wildfires6RESULTS OF OPERATIONS9Southern California Edison Company9Three months ended June 30, 2026 versus June 30, 20259Six months ended June 30, 2026 versus June 30, 202511Edison International Parent and Other13Trio13Loss from Operations13LIQUIDITY AND CAPITAL RESOURCES14Southern California Edison Company14Available Liquidity14Regulatory Proceedings15Capital Investment Plan16Margin and Collateral Deposits16Edison International Parent and Other17Edison International Income Taxes18Historical Cash Flows18Southern California Edison Company18Edison International Parent and Other20Contingencies20MARKET RISK EXPOSURES20CRITICAL ACCOUNTING ESTIMATES AND POLICIES20NEW ACCOUNTING GUIDANCE21QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK21CONDENSED CONSOLIDATED FINANCIAL STATEMENTS22Condensed Consolidated Statements of Income for Edison International22Condensed Consolidated Statements of Comprehensive Income for Edison International23Condensed Consolidated Balance Sheets for Edison International24Condensed Consolidated Statements of Cash Flows for Edison International26Condensed Consolidated Statements of Income for Southern California Edison Company27Condensed Consolidated Statements of Comprehensive Income for Southern CaliforniaEdison Company27Condensed Consolidated Balance Sheets for Southern California Edison Company28Condensed Consolidated Statements of Cash Flows for Southern California EdisonCompany30 NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS31Note 1. Summary of Significant Accounting Policies31Note 2. Condensed Consolidated Statements of Changes in Equity35Note 3. Variable Interest Entities37Note 4. Fair Value Measurements39Note 5. Debt and Credit Agreements42Note 6. Derivative Instruments43Note 7. Revenue44Note 8. Income Taxes45Note 9. Compensation and Benefit Plans46Note 10. Investments47Note 11. Regulatory Assets and Liabilities48Note 12. Commitments and Contingencies49Note 13. Equity60Note 14. Other Income, Net61Note 15. Supplemental Cash Flows Information61Note 16. Related-Party Transactions61CONTROLS AND PROCEDURES62Disclosure Controls and Procedures62Changes in Internal Control Over Financial Reporting62Jointly Owned Utility Plant62LEGAL PROCEEDINGS622017/2018 Wildfire/Mudslide Events62Eaton Fire63Environmental Proceedings63UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS63Purchases of Equity Securities by Edison International and Affiliated Purchasers63OTHER INFORMATION63EXHIBITS64SIGNATURES65 This combined Form 10-Q is separately filed by Edison International and SCE. Information contained in this document relating toSCE is filed by Edison International and separately by SCE. SCE makes no representation as to information relating to EdisonIntern