filings.toolsEdison International (EIX) 10-K risk factor changes: FY2025 vs FY2024
The 2025-12-31 10-K against the 2024-12-31 one, compared heading by heading and sentence by sentence.
All filing items1,749 rewritten950 added908 removed2,909 unchanged
Summary
counted, not written
- Item 1A headings could not be compared: the parser did not find an Item 1A in both filings.
- Sentence by sentence, 950 added, 908 removed, 1,749 rewritten and 2,909 unchanged across 2 items that differ.
Sentences by item
2 items, with every count and a link to each item that changed
| Item | Added | Removed | Rewritten | Unchanged | Page headers and footers changed |
|---|---|---|---|---|---|
| Cover and table of contents | 927 | 888 | 1,636 | 2,682 | 0 |
| Item 6. Reserved. | 23 | 20 | 113 | 227 | 0 |
Underlined words on a shaded ground are new in FY2025; struck-through words were in FY2024. Sentences that are wholly new or wholly gone are labelled rather than marked.
Cover and table of contents
1,636 rewritten, 927 added, 888 removed, 2,682 unchanged
Read the full itemFY2025 item · filed February 18, 2026FY2024 item · filed February 27, 2025
| For the fiscal year ended | | | December 31, [removed: 2024] [added: 2025] | | |
| Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, [added: a] smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," accelerated filer," "smaller reporting company," and "emerging growth company" in Rule [removed: 12b-12] [added: 12b-2] of the Exchange Act. (Check One): | | | | | | | | | | | | | | | | | |
| Aggregate market value of voting and non-voting common equity held by non-affiliates of the registrants as of June [removed: 28, 2024,] [added: 30, 2025,] the last business day of the most recently completed second fiscal quarter: | | | | | | | | | | | | | | | | | | | | |
| Edison International | | | | | | Approximately [removed: $27.7] [added: $19.8] billion | | | | | | Southern California Edison Company | | | | | | Wholly owned by Edison International | | |
| Indicate the number of shares outstanding of each of the [removed: issuer's] [added: registrant's] classes of common stock, as of the latest practicable date: | | | | | | | | | | | | | | |
| Common Stock outstanding as of February [removed: 20, 2025:] [added: 11, 2026:] | | | | | | | | | | | | | | |
| Designated portions of the Edison International Proxy Statement relating to Edison International's [removed: 2025] [added: 2026] Annual Meeting of Shareholders are incorporated by reference into Part III of this report. | | | | | | | | | | | | | | |
| [FORWARD-LOOKING [removed: STATEMENTS](#i6d0c52c96b2e4ed38937834247526789_13)] [added: STATEMENTS](#i3270c05c74ca4455b53af51dc3ac04d6_13)] | | | [removed: [1](#i6d0c52c96b2e4ed38937834247526789_13)] [added: [1](#i3270c05c74ca4455b53af51dc3ac04d6_13)] | | | | | |
| [MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF [removed: OPERATIONS](#i6d0c52c96b2e4ed38937834247526789_16)] [added: OPERATIONS](#i3270c05c74ca4455b53af51dc3ac04d6_16)] | | | [removed: [3](#i6d0c52c96b2e4ed38937834247526789_16)] [added: [3](#i3270c05c74ca4455b53af51dc3ac04d6_16)] | | | [Part II, Item [removed: 7](#i6d0c52c96b2e4ed38937834247526789_16)] [added: 7](#i3270c05c74ca4455b53af51dc3ac04d6_16)] | | |
| [MANAGEMENT [removed: OVERVIEW](#i6d0c52c96b2e4ed38937834247526789_19)] [added: OVERVIEW](#i3270c05c74ca4455b53af51dc3ac04d6_19)] | | | [removed: [3](#i6d0c52c96b2e4ed38937834247526789_19)] [added: [3](#i3270c05c74ca4455b53af51dc3ac04d6_19)] | | | | | |
| [Highlights of Operating [removed: Results](#i6d0c52c96b2e4ed38937834247526789_22)] [added: Results](#i3270c05c74ca4455b53af51dc3ac04d6_22)] | | | [removed: [3](#i6d0c52c96b2e4ed38937834247526789_22)] [added: [3](#i3270c05c74ca4455b53af51dc3ac04d6_22)] | | | | | |
| [Electricity Industry [removed: Trends](#i6d0c52c96b2e4ed38937834247526789_25)] [added: Trends](#i3270c05c74ca4455b53af51dc3ac04d6_25)] | | | [removed: [5](#i6d0c52c96b2e4ed38937834247526789_25)] [added: [5](#i3270c05c74ca4455b53af51dc3ac04d6_25)] | | | | | |
[removed: | [2025] [added: 2025] General Rate [removed: Case](#i6d0c52c96b2e4ed38937834247526789_31) | | | [6](#i6d0c52c96b2e4ed38937834247526789_31) | | | | | |][added: Case]
[removed: | [Cost] [added: Cost] of [removed: Capital](#i6d0c52c96b2e4ed38937834247526789_34) | | | [7](#i6d0c52c96b2e4ed38937834247526789_34) | | | | | |][added: Capital Application]
| [Capital [removed: Program](#i6d0c52c96b2e4ed38937834247526789_37)] [added: Program](#i3270c05c74ca4455b53af51dc3ac04d6_34)] | | | [removed: [7](#i6d0c52c96b2e4ed38937834247526789_37)] [added: [7](#i3270c05c74ca4455b53af51dc3ac04d6_34)] | | | | | |
| [Southern California Wildfires and [removed: Mudslides](#i6d0c52c96b2e4ed38937834247526789_40)] [added: Mudslides](#i3270c05c74ca4455b53af51dc3ac04d6_37)] | | | [removed: [8](#i6d0c52c96b2e4ed38937834247526789_40)] [added: [8](#i3270c05c74ca4455b53af51dc3ac04d6_37)] | | | | | |
| [RESULTS OF [removed: OPERATIONS](#i6d0c52c96b2e4ed38937834247526789_46)] [added: OPERATIONS](#i3270c05c74ca4455b53af51dc3ac04d6_40)] | | | [removed: [11](#i6d0c52c96b2e4ed38937834247526789_46)] [added: [11](#i3270c05c74ca4455b53af51dc3ac04d6_40)] | | | | | |
| [Southern California Edison [removed: Company](#i6d0c52c96b2e4ed38937834247526789_49)] [added: Company](#i3270c05c74ca4455b53af51dc3ac04d6_43)] | | | [removed: [11](#i6d0c52c96b2e4ed38937834247526789_49)] [added: [11](#i3270c05c74ca4455b53af51dc3ac04d6_43)] | | | | | |
[removed: | [Years] [added: Years] ended December 31, [removed: 2024, 2023] [added: 2025] and [removed: 2022](#i6d0c52c96b2e4ed38937834247526789_52) | | | [12](#i6d0c52c96b2e4ed38937834247526789_52) | | | | | |][added: 2024]
| [removed: [2024 vs 2023](#i6d0c52c96b2e4ed38937834247526789_55)] | | | [removed: [12](#i6d0c52c96b2e4ed38937834247526789_55)] [added: 2025] | | | | | | [added: | | | 2024 | | | | | | | | | 2023 | | | | | | | | | 2025 | | | | | | | | | 2024 | | | | | | | | | 2023 | | | | | |]
| [Edison International Parent and [removed: Other](#i6d0c52c96b2e4ed38937834247526789_67)] [added: Other](#i3270c05c74ca4455b53af51dc3ac04d6_55)] | | | [removed: [15](#i6d0c52c96b2e4ed38937834247526789_67)] [added: [15](#i3270c05c74ca4455b53af51dc3ac04d6_55)] | | | | | |
| [Loss from [removed: Operations](#i6d0c52c96b2e4ed38937834247526789_70)] [added: Operations](#i3270c05c74ca4455b53af51dc3ac04d6_58)] | | | [removed: [15](#i6d0c52c96b2e4ed38937834247526789_70)] [added: [16](#i3270c05c74ca4455b53af51dc3ac04d6_58)] | | | | | |
| [LIQUIDITY AND CAPITAL [removed: RESOURCES](#i6d0c52c96b2e4ed38937834247526789_73)] [added: RESOURCES](#i3270c05c74ca4455b53af51dc3ac04d6_61)] | | | [removed: [16](#i6d0c52c96b2e4ed38937834247526789_73)] [added: [16](#i3270c05c74ca4455b53af51dc3ac04d6_61)] | | | | | |
| [Southern California Edison [removed: Company](#i6d0c52c96b2e4ed38937834247526789_76)] [added: Company](#i3270c05c74ca4455b53af51dc3ac04d6_64)] | | | [removed: [16](#i6d0c52c96b2e4ed38937834247526789_76)] [added: [16](#i3270c05c74ca4455b53af51dc3ac04d6_64)] | | | | | |
| [Available [removed: Liquidity](#i6d0c52c96b2e4ed38937834247526789_79)] [added: Liquidity](#i3270c05c74ca4455b53af51dc3ac04d6_67)] | | | [removed: [16](#i6d0c52c96b2e4ed38937834247526789_79)] [added: [17](#i3270c05c74ca4455b53af51dc3ac04d6_67)] | | | | | |
[removed: | [Regulatory Proceedings](#i6d0c52c96b2e4ed38937834247526789_82) | | | [17](#i6d0c52c96b2e4ed38937834247526789_82) | | | | | |][added: *Regulatory Proceedings*]
| [Capital Investment [removed: Plan](#i6d0c52c96b2e4ed38937834247526789_85)] [added: Plan](#i3270c05c74ca4455b53af51dc3ac04d6_73)] | | | [removed: [18](#i6d0c52c96b2e4ed38937834247526789_85)] [added: [18](#i3270c05c74ca4455b53af51dc3ac04d6_73)] | | | | | |
| [Decommissioning of San [removed: Onofre](#i6d0c52c96b2e4ed38937834247526789_88)] [added: Onofre](#i3270c05c74ca4455b53af51dc3ac04d6_76)] | | | [removed: [20](#i6d0c52c96b2e4ed38937834247526789_88)] [added: [19](#i3270c05c74ca4455b53af51dc3ac04d6_76)] | | | | | |
| [Margin and Collateral [removed: Deposits](#i6d0c52c96b2e4ed38937834247526789_91)] [added: Deposits](#i3270c05c74ca4455b53af51dc3ac04d6_79)] | | | [removed: [21](#i6d0c52c96b2e4ed38937834247526789_91)] [added: [20](#i3270c05c74ca4455b53af51dc3ac04d6_79)] | | | | | |
| [Edison International Parent and [removed: Other](#i6d0c52c96b2e4ed38937834247526789_94)] [added: Other](#i3270c05c74ca4455b53af51dc3ac04d6_82)] | | | [removed: [21](#i6d0c52c96b2e4ed38937834247526789_94)] [added: [21](#i3270c05c74ca4455b53af51dc3ac04d6_82)] | | | | | |
| [Edison International Income [removed: Taxes](#i6d0c52c96b2e4ed38937834247526789_97)] [added: Taxes](#i3270c05c74ca4455b53af51dc3ac04d6_85)] | | | [removed: [22](#i6d0c52c96b2e4ed38937834247526789_97)] [added: [22](#i3270c05c74ca4455b53af51dc3ac04d6_85)] | | | | | |
| [Historical Cash [removed: Flows](#i6d0c52c96b2e4ed38937834247526789_100)] [added: Flows](#i3270c05c74ca4455b53af51dc3ac04d6_88)] | | | [removed: [23](#i6d0c52c96b2e4ed38937834247526789_100)] [added: [22](#i3270c05c74ca4455b53af51dc3ac04d6_88)] | | | | | |
| [Southern California Edison [removed: Company](#i6d0c52c96b2e4ed38937834247526789_103)] [added: Company](#i3270c05c74ca4455b53af51dc3ac04d6_91)] | | | [removed: [23](#i6d0c52c96b2e4ed38937834247526789_103)] [added: [22](#i3270c05c74ca4455b53af51dc3ac04d6_91)] | | | | | |
| [Edison International Parent and [removed: Other](#i6d0c52c96b2e4ed38937834247526789_106)] [added: Other](#i3270c05c74ca4455b53af51dc3ac04d6_94)] | | | [removed: [25](#i6d0c52c96b2e4ed38937834247526789_106)] [added: [25](#i3270c05c74ca4455b53af51dc3ac04d6_94)] | | | | | |
| [Contractual Obligations and [removed: Contingencies](#i6d0c52c96b2e4ed38937834247526789_109)] [added: Contingencies](#i3270c05c74ca4455b53af51dc3ac04d6_97)] | | | [removed: [26](#i6d0c52c96b2e4ed38937834247526789_109)] [added: [26](#i3270c05c74ca4455b53af51dc3ac04d6_97)] | | | | | |
| [Off-Balance Sheet [removed: Arrangements](#i6d0c52c96b2e4ed38937834247526789_118)] [added: Arrangements](#i3270c05c74ca4455b53af51dc3ac04d6_106)] | | | [removed: [26](#i6d0c52c96b2e4ed38937834247526789_118)] [added: [26](#i3270c05c74ca4455b53af51dc3ac04d6_106)] | | | | | |
| [MARKET RISK [removed: EXPOSURES](#i6d0c52c96b2e4ed38937834247526789_121)] [added: EXPOSURES](#i3270c05c74ca4455b53af51dc3ac04d6_109)] | | | [removed: [26](#i6d0c52c96b2e4ed38937834247526789_121)] [added: [26](#i3270c05c74ca4455b53af51dc3ac04d6_109)] | | | | | |
| [Interest Rate [removed: Risk](#i6d0c52c96b2e4ed38937834247526789_124)] [added: Risk](#i3270c05c74ca4455b53af51dc3ac04d6_112)] | | | [removed: [26](#i6d0c52c96b2e4ed38937834247526789_124)] [added: [26](#i3270c05c74ca4455b53af51dc3ac04d6_112)] | | | | | |
| [Commodity Price [removed: Risk](#i6d0c52c96b2e4ed38937834247526789_127)] [added: Risk](#i3270c05c74ca4455b53af51dc3ac04d6_115)] | | | [removed: [27](#i6d0c52c96b2e4ed38937834247526789_127)] [added: [27](#i3270c05c74ca4455b53af51dc3ac04d6_115)] | | | | | |
| [Investment Price [removed: Risk](#i6d0c52c96b2e4ed38937834247526789_130)] [added: Risk](#i3270c05c74ca4455b53af51dc3ac04d6_118)] | | | [removed: [27](#i6d0c52c96b2e4ed38937834247526789_130)] [added: [27](#i3270c05c74ca4455b53af51dc3ac04d6_118)] | | | | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| Edison International | | | | | | 384,790,927 | | | | | | shares | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| [GLOSSARY](#i3270c05c74ca4455b53af51dc3ac04d6_10) | | | [v](#i3270c05c74ca4455b53af51dc3ac04d6_10) | | | | | |
| [Impac](#i3270c05c74ca4455b53af51dc3ac04d6_1345)[t of the 2025 GRC](#i3270c05c74ca4455b53af51dc3ac04d6_1345) | | | [11](#i3270c05c74ca4455b53af51dc3ac04d6_1345) | | | | | |
| [202](#i3270c05c74ca4455b53af51dc3ac04d6_52)[5](#i3270c05c74ca4455b53af51dc3ac04d6_52) [vs 202](#i3270c05c74ca4455b53af51dc3ac04d6_52)4 | | | [13](#i3270c05c74ca4455b53af51dc3ac04d6_52) | | | | | |
| [Regulatory Proceedings](#i3270c05c74ca4455b53af51dc3ac04d6_70) | | | [17](#i3270c05c74ca4455b53af51dc3ac04d6_70) | | | | | |
| [Contractual Obligations](#i3270c05c74ca4455b53af51dc3ac04d6_100) | | | [26](#i3270c05c74ca4455b53af51dc3ac04d6_100) | | | | | |
| [Contingencies](#i3270c05c74ca4455b53af51dc3ac04d6_103) | | | [26](#i3270c05c74ca4455b53af51dc3ac04d6_103) | | | | | |
| [Credit Risk](#i3270c05c74ca4455b53af51dc3ac04d6_121) | | | [28](#i3270c05c74ca4455b53af51dc3ac04d6_121) | | | | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| [Operating Risks](#i3270c05c74ca4455b53af51dc3ac04d6_160) | | | [36](#i3270c05c74ca4455b53af51dc3ac04d6_160) | | | | | |
| [Financing Risks](#i3270c05c74ca4455b53af51dc3ac04d6_163) | | | [39](#i3270c05c74ca4455b53af51dc3ac04d6_163) | | | | | |
| [Note 7. Revenue](#i3270c05c74ca4455b53af51dc3ac04d6_244) | | | [79](#i3270c05c74ca4455b53af51dc3ac04d6_244) | | | | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| [Note 13. Leases](#i3270c05c74ca4455b53af51dc3ac04d6_262) | | | [114](#i3270c05c74ca4455b53af51dc3ac04d6_262) | | | | | |
| [Note 14. Equit](#i3270c05c74ca4455b53af51dc3ac04d6_268)y | | | [115](#i3270c05c74ca4455b53af51dc3ac04d6_268) | | | | | |
| [Note 15. Other Income, Net](#i3270c05c74ca4455b53af51dc3ac04d6_274) | | | [118](#i3270c05c74ca4455b53af51dc3ac04d6_274) | | | | | |
| [Note 16. Supplemental Cash Flows Information](#i3270c05c74ca4455b53af51dc3ac04d6_277) | | | [118](#i3270c05c74ca4455b53af51dc3ac04d6_277) | | | | | |
| [Note 17. Related-Party Transactions](#i3270c05c74ca4455b53af51dc3ac04d6_280) | | | [118](#i3270c05c74ca4455b53af51dc3ac04d6_280) | | | | | |
| [CONTROLS AND PROCEDURES](#i3270c05c74ca4455b53af51dc3ac04d6_286) | | | [120](#i3270c05c74ca4455b53af51dc3ac04d6_286) | | | [Part II, Item 9A](#i3270c05c74ca4455b53af51dc3ac04d6_286) | | |
| [BUSINESS](#i3270c05c74ca4455b53af51dc3ac04d6_289) | | | [121](#i3270c05c74ca4455b53af51dc3ac04d6_289) | | | [Part I, Item 1](#i3270c05c74ca4455b53af51dc3ac04d6_289) | | |
| [Subsidiaries of Edison International](#i3270c05c74ca4455b53af51dc3ac04d6_295) | | | [121](#i3270c05c74ca4455b53af51dc3ac04d6_295) | | | | | |
| [Human Capital](#i3270c05c74ca4455b53af51dc3ac04d6_301) | | | [122](#i3270c05c74ca4455b53af51dc3ac04d6_301) | | | | | |
| [Insurance](#i3270c05c74ca4455b53af51dc3ac04d6_304) | | | [124](#i3270c05c74ca4455b53af51dc3ac04d6_304) | | | | | |
| [Regulation](#i3270c05c74ca4455b53af51dc3ac04d6_310) | | | [124](#i3270c05c74ca4455b53af51dc3ac04d6_310) | | | | | |
| [Overview of Ratemaking Process](#i3270c05c74ca4455b53af51dc3ac04d6_313) | | | [126](#i3270c05c74ca4455b53af51dc3ac04d6_313) | | | | | |
| [Competition](#i3270c05c74ca4455b53af51dc3ac04d6_319) | | | [129](#i3270c05c74ca4455b53af51dc3ac04d6_319) | | | | | |
| [Properties](#i3270c05c74ca4455b53af51dc3ac04d6_322) | | | [131](#i3270c05c74ca4455b53af51dc3ac04d6_322) | | | | | |
| [Seasonality](#i3270c05c74ca4455b53af51dc3ac04d6_325) | | | [131](#i3270c05c74ca4455b53af51dc3ac04d6_325) | | | | | |
| [SOUTHERN CALIFORNIA WILDFIRES](#i3270c05c74ca4455b53af51dc3ac04d6_328) | | | [131](#i3270c05c74ca4455b53af51dc3ac04d6_328) | | | | | |
| [ENVIRONMENTAL CONSIDERATIONS](#i3270c05c74ca4455b53af51dc3ac04d6_340) | | | [135](#i3270c05c74ca4455b53af51dc3ac04d6_340) | | | | | |
| [Greenhouse Gas Regulation](#i3270c05c74ca4455b53af51dc3ac04d6_343) | | | [135](#i3270c05c74ca4455b53af51dc3ac04d6_343) | | | | | |
| [Environmental Risks](#i3270c05c74ca4455b53af51dc3ac04d6_346) | | | [136](#i3270c05c74ca4455b53af51dc3ac04d6_346) | | | | | |
| [CYBERSECURITY](#i3270c05c74ca4455b53af51dc3ac04d6_352) | | | [136](#i3270c05c74ca4455b53af51dc3ac04d6_352) | | | [Part I, Item 1C](#i3270c05c74ca4455b53af51dc3ac04d6_352) | | |
| [PROPERTIES](#i3270c05c74ca4455b53af51dc3ac04d6_355) | | | [137](#i3270c05c74ca4455b53af51dc3ac04d6_355) | | | [Part I, Item 2](#i3270c05c74ca4455b53af51dc3ac04d6_355) | | |
| [Environmental Proceedings](#i3270c05c74ca4455b53af51dc3ac04d6_364) | | | [138](#i3270c05c74ca4455b53af51dc3ac04d6_364) | | | | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| [Insider Trading Arrangements](#i3270c05c74ca4455b53af51dc3ac04d6_409) | | | [144](#i3270c05c74ca4455b53af51dc3ac04d6_409) | | | | | |
| [EXHIBIT INDEX](#i3270c05c74ca4455b53af51dc3ac04d6_421) | | | [146](#i3270c05c74ca4455b53af51dc3ac04d6_421) | | | | | |
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
| | | | | | |
| --- | --- | --- | --- | --- | --- |
| | | | | | | | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Edison International | | | | | | 385,023,526 | | | | | | shares | | |
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
| [GLOSSARY](#i6d0c52c96b2e4ed38937834247526789_10) | | | [v](#i6d0c52c96b2e4ed38937834247526789_10) | | | | | |
| [2023 vs 2022](#i6d0c52c96b2e4ed38937834247526789_58) | | | [14](#i6d0c52c96b2e4ed38937834247526789_58) | | | | | |
| [Contractual Obligations](#i6d0c52c96b2e4ed38937834247526789_112) | | | [26](#i6d0c52c96b2e4ed38937834247526789_112) | | | | | |
| [Contingencies](#i6d0c52c96b2e4ed38937834247526789_115) | | | [26](#i6d0c52c96b2e4ed38937834247526789_115) | | | | | |
| [Credit Risk](#i6d0c52c96b2e4ed38937834247526789_133) | | | [28](#i6d0c52c96b2e4ed38937834247526789_133) | | | | | |
| [Income Taxes](#i6d0c52c96b2e4ed38937834247526789_145) | | | [30](#i6d0c52c96b2e4ed38937834247526789_145) | | | | | |
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
| [Operating Risks](#i6d0c52c96b2e4ed38937834247526789_172) | | | [36](#i6d0c52c96b2e4ed38937834247526789_172) | | | | | |
| [Financing Risks](#i6d0c52c96b2e4ed38937834247526789_175) | | | [40](#i6d0c52c96b2e4ed38937834247526789_175) | | | | | |
| [Note 7. Revenue](#i6d0c52c96b2e4ed38937834247526789_259) | | | [79](#i6d0c52c96b2e4ed38937834247526789_259) | | | | | |
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
| [Note 13. Leases](#i6d0c52c96b2e4ed38937834247526789_277) | | | [111](#i6d0c52c96b2e4ed38937834247526789_277) | | | | | |
| [Note 14. Equit](#i6d0c52c96b2e4ed38937834247526789_283)y | | | [113](#i6d0c52c96b2e4ed38937834247526789_283) | | | | | |
| [Note 16. Other Income, Net](#i6d0c52c96b2e4ed38937834247526789_289) | | | [116](#i6d0c52c96b2e4ed38937834247526789_289) | | | | | |
| [Note 17. Supplemental Cash Flows Information](#i6d0c52c96b2e4ed38937834247526789_292) | | | [117](#i6d0c52c96b2e4ed38937834247526789_292) | | | | | |
| [Note 18. Related-Party Transactions](#i6d0c52c96b2e4ed38937834247526789_295) | | | [117](#i6d0c52c96b2e4ed38937834247526789_295) | | | | | |
| [BUSINESS](#i6d0c52c96b2e4ed38937834247526789_304) | | | [119](#i6d0c52c96b2e4ed38937834247526789_304) | | | [Part I, Item 1](#i6d0c52c96b2e4ed38937834247526789_304) | | |
| [Subsidiaries of Edison International](#i6d0c52c96b2e4ed38937834247526789_310) | | | [119](#i6d0c52c96b2e4ed38937834247526789_310) | | | | | |
| [Human Capital](#i6d0c52c96b2e4ed38937834247526789_316) | | | [120](#i6d0c52c96b2e4ed38937834247526789_316) | | | | | |
| [Insurance](#i6d0c52c96b2e4ed38937834247526789_319) | | | [122](#i6d0c52c96b2e4ed38937834247526789_319) | | | | | |
| [Regulation](#i6d0c52c96b2e4ed38937834247526789_325) | | | [122](#i6d0c52c96b2e4ed38937834247526789_325) | | | | | |
| [Overview of Ratemaking Process](#i6d0c52c96b2e4ed38937834247526789_328) | | | [124](#i6d0c52c96b2e4ed38937834247526789_328) | | | | | |
| [Competition](#i6d0c52c96b2e4ed38937834247526789_334) | | | [127](#i6d0c52c96b2e4ed38937834247526789_334) | | | | | |
| [Properties](#i6d0c52c96b2e4ed38937834247526789_337) | | | [129](#i6d0c52c96b2e4ed38937834247526789_337) | | | | | |
| [Seasonality](#i6d0c52c96b2e4ed38937834247526789_340) | | | [129](#i6d0c52c96b2e4ed38937834247526789_340) | | | | | |
| [SOUTHERN CALIFORNIA WILDFIRES](#i6d0c52c96b2e4ed38937834247526789_343) | | | [129](#i6d0c52c96b2e4ed38937834247526789_343) | | | | | |
| [ENVIRONMENTAL CONSIDERATIONS](#i6d0c52c96b2e4ed38937834247526789_355) | | | [132](#i6d0c52c96b2e4ed38937834247526789_355) | | | | | |
| [Greenhouse Gas Regulation](#i6d0c52c96b2e4ed38937834247526789_358) | | | [132](#i6d0c52c96b2e4ed38937834247526789_358) | | | | | |
| [Environmental Risks](#i6d0c52c96b2e4ed38937834247526789_361) | | | [133](#i6d0c52c96b2e4ed38937834247526789_361) | | | | | |
| [CYBERSECURITY](#i6d0c52c96b2e4ed38937834247526789_367) | | | [133](#i6d0c52c96b2e4ed38937834247526789_367) | | | [Part I, Item 1C](#i6d0c52c96b2e4ed38937834247526789_367) | | |
| [PROPERTIES](#i6d0c52c96b2e4ed38937834247526789_370) | | | [134](#i6d0c52c96b2e4ed38937834247526789_370) | | | [Part I, Item 2](#i6d0c52c96b2e4ed38937834247526789_370) | | |
| [Environmental Proceedings](#i6d0c52c96b2e4ed38937834247526789_379) | | | [135](#i6d0c52c96b2e4ed38937834247526789_379) | | | | | |
An excerpt. Shown here: 40 of 1,636 rewritten, 40 of 927 added and 40 of 888 removed. The counts are complete. For every sentence, read Cover and table of contents in the FY2025 filing and the FY2024 filing.
Item 6. Reserved.
113 rewritten, 23 added, 20 removed, 227 unchanged
Read the full itemFY2025 item · filed February 18, 2026FY2024 item · filed February 27, 2025
EXHIBITS AND FINANCIAL STATEMENT [removed: SCHEDULES][added: SCHEDULES (Part IV, Item 15)]
| 3.3 | | | | | | [removed: [Amended] [added: [Certificate of Amended] and Restated Articles of [removed: SCE,] [added: Incorporation of Southern California Edison Company,] effective August 28, 2023 (Filed No. 1-2313 filed as Exhibit 3.1 to SCE’s Form 8-K dated September 19, 2023 and filed September 21, 2023)*](https://www.sec.gov/Archives/edgar/data/92103/000009210323000011/sce-20230919xex3d1.htm) | | |
| 4.3 | | | | | | [Junior Subordinated Indenture, dated as of March 1, 2023, between Edison International and The Bank of New York Mellon Company, as [removed: Trustee](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex43.htm)] [added: Trustee](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex43.htm) [](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex43.htm)[(File No. 1-9936, filed as Exhibit 4.3 to Edison International’s Form 10-K for the year ended December 31, 2024)](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex43.htm)[*](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex43.htm)] | | |
| 4.9 | | | | | | [Certificate of Determination of Preferences of the Company’s Series N Preference Stock (File No. 1-2313, filed as Exhibit 4.1 to SCE’s Form 8-K dated and filed on May 7, [removed: 2024)*](https://www.sec.gov/Archives/edgar/data/92103/000009210324000011/sce-20240507xex4d1.htmhttps://www.sec.gov/Archives/edgar/data/92103/000009210324000011/sce-20240507xex4d1.htm)] [added: 2024)*](https://www.sec.gov/Archives/edgar/data/92103/000009210324000011/sce-20240507xex4d1.htm)] | | |
| 10.3 | | | | | | [Edison International 2008 Executive Deferred Compensation Plan, as amended and restated effective January 1, [removed: 202](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex103.htm)5] [added: 202](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex103.htm)[5](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex103.htm) [](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex103.htm)[(File No. 1-9936, filed as Exhibit 10.3 to Edison International’s Form 10-K for the year ended December 31, 2024)](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex103.htm)[*](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex103.htm)] | | |
| [removed: 10.4.1] [added: 10.6] | | | | | | [Edison International [removed: 2008] Executive [removed: Retirement] [added: Incentive Compensation] Plan, as amended and restated effective January 1, [removed: 202](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231ex104.htm)5] [added: 202](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex105.htm)[5](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex105.htm) [](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex105.htm)[(File No. 1-9936, filed as Exhibit 10.5 to Edison International’s Form 10-K for the year ended December 31, 2024)](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex105.htm)[*](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex105.htm)] | | |
| [removed: 10.6] [added: 10.7] | | | | | | [Edison International 2008 Executive Disability Plan, as amended and restated [removed: effective](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex106.htm) [January] [added: effective January] 1, [removed: 2025](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex106.htm)] [added: 2025](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex106.htm) [](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex106.htm)[(File No. 1-9936, filed as Exhibit 10.6 to Edison International’s Form 10-K for the year ended December 31, 2024)](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex106.htm)[*](https://www.sec.gov/Archives/edgar/data/92103/000082705225000022/eix-20241231xex106.htm)] | | |
| [removed: 10.7] [added: 10.5] | | | | | | [Edison International [removed: 2007 Performance Incentive Plan] [added: 2008 Executive Retirement Plan,] as amended and restated effective [removed: May 2, 2016] [added: August 27, 2025] (File No. 1-9936, filed as Exhibit [removed: 10.1 to] [added: 10.2](https://www.sec.gov/Archives/edgar/data/92103/000082705225000100/eix-20250930xex102.htm) [to] Edison [removed: International's] [added: International’s] Form [removed: 8-K dated April 28, 2016 and filed April 29, 2016)*](https://www.sec.gov/Archives/edgar/data/92103/000082705216000298/exhibit101.htm)] [added: 10-Q for the quarter ended September 30, 2025)*](https://www.sec.gov/Archives/edgar/data/92103/000082705225000100/eix-20250930xex102.htm)] | | |
| [removed: 10.7.1] [added: 10.8.2] | | | | | | [Edison International [removed: 2015] [added: 2017] Long-Term Incentives Terms and Conditions (File, No. 1-9936, filed as Exhibit 10.2 to Edison International's Form 10-Q for the quarter ended March 31, [removed: 2015)*](https://www.sec.gov/Archives/edgar/data/92103/000082705215000115/eixq12015ex10-2.htm)] [added: 2017)*](https://www.sec.gov/Archives/edgar/data/92103/000082705217000128/exhibit102q12017.htm)] | | |
| [removed: 10.7.2] [added: 10.8.1] | | | | | | [Edison International 2016 Long-Term Incentives Terms and Conditions (File, No. 1-9936, filed as Exhibit 10.4 to Edison International's Form 10-Q for the quarter ended March 31, 2016)*](https://www.sec.gov/Archives/edgar/data/92103/000082705216000321/eixq12016ex104.htm) | | |
| [removed: 10.7.3] [added: 10.8.4] | | | | | | [Edison International [removed: 2017] [added: 2019] Long-Term Incentives Terms and Conditions (File, No. 1-9936, filed as Exhibit [removed: 10.2] [added: 10.3] to Edison International's Form 10-Q for the quarter ended March 31, [removed: 2017)*](https://www.sec.gov/Archives/edgar/data/92103/000082705217000128/exhibit102q12017.htm)] [added: 2019)*](https://www.sec.gov/Archives/edgar/data/92103/000082705219000108/a103eix2019long-termincent.htm)] | | |
| [removed: 10.7.4] [added: 10.8.3] | | | | | | [Edison International 2018 Long-Term Incentives Terms and Conditions (File. No. 1-9936, filed as Exhibit 10.3 to Edison International's Form 10-Q for the quarter ended March 31, 2018)*](https://www.sec.gov/Archives/edgar/data/92103/000082705218000115/q1eix10q2018ex103.htm) | | |
| [removed: 10.7.5] [added: 10.8.5] | | | | | | [Edison International [removed: 2019] [added: 2020] Long-Term Incentives Terms and Conditions (File, No. 1-9936, filed as Exhibit [removed: 10.3] [added: 10.4] to Edison International's Form 10-Q for the quarter ended March 31, [removed: 2019)*](https://www.sec.gov/Archives/edgar/data/92103/000082705219000108/a103eix2019long-termincent.htm)] [added: 2020)*](https://www.sec.gov/Archives/edgar/data/92103/000082705220000091/eix-sceq110q2020xex104.htm)] | | |
| [removed: 10.7.6] [added: 10.8.6] | | | | | | [Edison International [removed: 2020] [added: 2021] Long-Term Incentives Terms and Conditions (File, No. 1-9936, filed as Exhibit [removed: 10.4] [added: 10.1] to Edison International's Form 10-Q for the quarter ended March 31, [removed: 2020)*](https://www.sec.gov/Archives/edgar/data/92103/000082705220000091/eix-sceq110q2020xex104.htm)] [added: 2021)*](https://www.sec.gov/Archives/edgar/data/92103/000082705221000033/eix-20210331ex101010672.htm)] | | |
| [removed: 10.7.7] [added: 10.8.7] | | | | | | [Edison International [removed: 2021] [added: 2022] Long-Term Incentives Terms and Conditions (File, No. 1-9936, filed as Exhibit 10.1 to Edison International's Form 10-Q for the quarter ended March 31, [removed: 2021)*](https://www.sec.gov/Archives/edgar/data/92103/000082705221000033/eix-20210331ex101010672.htm)] [added: 2022)*](https://www.sec.gov/Archives/edgar/data/92103/000082705222000031/eix-20220331xex10d1.htm)] | | |
| [removed: 10.7.8] [added: 10.8.8] | | | | | | [Edison International [removed: 2022] [added: 2023] Long-Term Incentives Terms and Conditions [removed: (File,] [added: (File] No. 1-9936, filed as Exhibit 10.1 to Edison [removed: International's] [added: International’s] Form 10-Q for the quarter ended March 31, [removed: 2022)*](https://www.sec.gov/Archives/edgar/data/92103/000082705222000031/eix-20220331xex10d1.htm)] [added: 2023)*](https://www.sec.gov/Archives/edgar/data/92103/000082705223000037/eix-20230331xex10d1.htm)] | | |
| [removed: 10.7.9] [added: 10.8.9] | | | | | | [Edison International [removed: 2023] [added: 2024] Long-Term Incentives Terms and Conditions (File [removed: No.] [added: No] 1-9936, filed as Exhibit 10.1 to Edison International’s Form 10-Q for the quarter ended March 31, [removed: 2023)*](https://www.sec.gov/Archives/edgar/data/92103/000082705223000037/eix-20230331xex10d1.htm)] [added: 2024)*](https://www.sec.gov/Archives/edgar/data/92103/000082705224000035/eix-20240331xex10d1.htm)] | | |
| [removed: 10.7.10] [added: 10.10] | | | | | | [Edison International [removed: 2024 Long-Term Incentives Terms] and [removed: Conditions] [added: Southern California Edison Company Director Compensation Schedule as adopted August 28, 2025] (File [removed: No] [added: No.] 1-9936, filed as Exhibit 10.1 to Edison International’s Form 10-Q for the quarter ended [removed: March 31, 2024)*](https://www.sec.gov/Archives/edgar/data/92103/000082705224000035/eix-20240331xex10d1.htm)] [added: September 30, 2025)*](https://www.sec.gov/Archives/edgar/data/92103/000082705225000100/eix-20250930xex101.htm)] | | |
| [removed: 10.10] [added: 10.11] | | | | | | [Edison International Director Matching Gifts Program, as revised effective January 1, 2019 (File No. 1-9936, filed as Exhibit 10.1 to Edison International's Form 10-Q for the quarter ended September 30, 2019)*](https://www.sec.gov/Archives/edgar/data/92103/000082705219000166/eix-sceq310q2019xex101.htm) | | |
| [removed: 10.11] [added: 10.12] | | | | | | [Amended and Restated Agreement for the Allocation of Income Tax Liabilities and Benefits among Edison International, Southern California Edison Company and The Mission Group dated September 10, 1996 (File No. 1-9936, filed as Exhibit 10.3 to Edison International's Form 10-Q for the quarter ended September 30, 2002)*](https://www.sec.gov/Archives/edgar/data/827052/000082705202000046/eix3q02ex103.htm) | | |
| [removed: 10.12] [added: 10.13] | | | | | | [Amended and Restated Tax-Allocation Agreement among The Mission Group and its first-tier subsidiaries dated September 10, 1996 (File No. 1-9936, filed as Exhibit 10.3.1 to Edison International's Form 10-Q for the quarter ended September 30, 2002)*](https://www.sec.gov/Archives/edgar/data/827052/000082705202000046/eix3qex1031.htm) | | |
| [removed: 10.12.1] [added: 10.13.1] | | | | | | [Amended and Restated Tax-Allocation Agreement between Mission Energy Holding Company and Edison Mission Energy dated February 13, 2012 (File No. 333-68630, filed as Exhibit 10.11 to Edison Mission Energy's Form 10-K for the year ended December 31, 2011)*](https://www.sec.gov/Archives/edgar/data/930835/000093083512000007/eme10k2011ex1011.htm) | | |
| [removed: 10.12.2] [added: 10.13.2] | | | | | | [Modification No. 1 to the Amended and Restated Tax-Allocation Agreement between Mission Energy Holding Company and Edison Mission Energy dated February 13, 2012 (File No. 333-68630, filed as Exhibit 10.1 to Edison Mission Energy's Form 8-K dated November 15, 2012 and filed November 21, 2012)*](https://www.sec.gov/Archives/edgar/data/930835/000110465912079622/a12-27742_1ex10d1.htm) | | |
| [removed: 10.12.3] [added: 10.13.3] | | | | | | [Amended and Restated Administrative Agreement Re Tax Allocation Payments, dated February 13, 2012, among Edison International and subsidiary parties. (File No. 333-68630, filed as Exhibit 10.12 to Edison Mission Energy's Form 10-K for the year ended December 31, 2011)*](https://www.sec.gov/Archives/edgar/data/930835/000093083512000007/eme10k2011ex1012.htm) | | |
| [removed: 10.13] [added: 10.14] | | | | | | [Form of Indemnity Agreement between Edison International and its Directors and any officer, employee or other agent designated by the Board of Directors (File No. 1-9936, filed as Exhibit 10.5 to Edison International's Form 10-Q for the quarter ended June 30, 2005)*](https://www.sec.gov/Archives/edgar/data/827052/000082705205000123/ex1052q05.htm) | | |
| [removed: 10.14] [added: 10.15] | | | | | | [Second Amended and Restated Credit Agreement dated as of May 17, 2018 among Edison International, the several banks and other financial institutions from time to time parties thereto, the several agents parties thereto and JPMorgan Chase Bank, N.A., as administrative agent for the lenders. (File No. 1-9936, filed as Exhibit 10.1 to Edison International's Form 8-K dated and filed May 18, 2018)*](https://www.sec.gov/Archives/edgar/data/92103/000082705218000121/eixexhibit101workiva.htm) | | |
| [removed: 10.15] [added: 10.16] | | | | | | [First Amendment, dated as of April 30, 2021, to the Second Amended and Restated Credit Agreement, dated as of May 17, 2018, by and among Edison International, the several banks and other financial institutions party thereto and JPMorgan Chase bank, N.A., as administrative agent. (File No. 1-9936, filed as Exhibit 10.1 to Edison International's Form 8-K dated April 30, 2021 and filed May 6, 2021)*](https://www.sec.gov/Archives/edgar/data/92103/000082705221000040/eix-20210430ex10145be2b.htm) | | |
| [removed: 10.16] [added: 10.17] | | | | | | [Second Amendment, dated as of May 4, 2022, to the Second Amended and Restated Credit Agreement, dated as of May 17, 2018, as amended by the First Amendment, dated as of April 30, 2021, by and among Edison International, the several banks and other financial institutions party thereto and JPMorgan Chase Bank, N.A., as administrative agent (File No. 1-9936, filed as Exhibit 10.1 to Edison International's Form 8-K dated and filed May 4, 2022)*](https://www.sec.gov/Archives/edgar/data/92103/000082705222000040/eix-20220504xex10d1.htm) | | |
| [removed: 10.17] [added: 10.18] | | | | | | [Third Amendment, dated as of May 3, 2023, to the Second Amended and Restated Credit Agreement dated as of May 17, 2018, as amended by the First Amendment, dated as of April 30, 2021 and the Second Amendment, dated as of May 4, 2022, by and among Edison International, the several banks and other financial institutions party thereto and JPMorgan Chase Bank, N.A., as administrative agent (File No. 1-9936, filed as Exhibit 10.1 to Edison International’s Form 10-Q for the quarter ended June 30, 2023)*](https://www.sec.gov/Archives/edgar/data/92103/000082705223000065/eix-20230630xex10d1.htm) | | |
| [removed: 10.18] [added: 10.19] | | | | | | [Second Amended and Restated Credit Agreement dated as of May 17, 2018 among SCE, the several banks and other financial institutions from time to time parties thereto, the several agents parties thereto and JPMorgan Chase Bank, N.A., as administrative agent for the lenders. (File No. 1-2313, filed as Exhibit 10.2 to SCE's Form 8-K dated and filed May 18, 2018)*](https://www.sec.gov/Archives/edgar/data/92103/000082705218000121/sceexhibit102workiva.htm) | | |
| [removed: 10.19] [added: 10.20] | | | | | | [First Amendment, dated as of April 30, 2021, to the Second Amended and Restated Credit Agreement, dated as of May 17, 2018, by and among Southern California Edison Company, the several banks and other financial institutions party thereto and JPMorgan Chase bank, N.A., as administrative agent. (File No. 1-2313, filed as Exhibit 10.2 to SCE's Form 8-K dated April 30, 2021 and filed May 6, 2021)*](https://www.sec.gov/Archives/edgar/data/92103/000082705221000040/eix-20210430ex1022c33d1.htm) | | |
| [removed: 10.20] [added: 10.21] | | | | | | [Commitment Increase Supplement, by and among Southern California Edison Company and the lenders named therein, and accepted by JPMorgan Chase Bank, N.A., as administrative agent and the issuing lenders named therein. (File No. 1-2313, filed as Exhibit 10.3 to SCE's Form 8-K dated April 30, 2021 and filed May 6, 2021)*](https://www.sec.gov/Archives/edgar/data/92103/000082705221000040/eix-20210430ex10307c53c.htm) | | |
| [removed: 10.21] [added: 10.22] | | | | | | [Second Amendment, dated as of May 4, 2022, to the Second Amended and Restated Credit Agreement, dated as of May 17, 2018, as amended by the First Amendment, dated as of April 30, 2021, as supplemented by the Commitment Increase Supplement, dated as of April 30, 2021, by and among Southern California Edison Company, the several banks and other financial institutions party thereto and JPMorgan Chase Bank, N.A., as administrative agent (File No. 1-2313, filed as Exhibit 10.2 to SCE's Form 8-K dated and filed May 4, 2022)*](https://www.sec.gov/Archives/edgar/data/92103/000082705222000040/eix-20220504xex10d2.htm) | | |
| [removed: 10.22] [added: 10.23] | | | | | | [Third Amendment, dated as of May 3, 2023, to the Second Amended and Restated Credit Agreement dated as of May 17, 2018, as amended by the First Amendment, dated as of April 30, 2021 and the Second Amendment, dated as of May 4, 2022, by and among Southern California Edison, the several banks and other financial institutions party thereto and JPMorgan Chase Bank, N.A., as administrative agent (File No. 1-2313, filed as Exhibit 10.2 to SCE’s Form 10-Q for the quarter ended June 30, 2023)*](https://www.sec.gov/Archives/edgar/data/92103/000082705223000065/eix-20230630xex10d2.htm) | | |
| 19.1 | | | | | | [Edison [removed: International](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex191.htm) [I](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex191.htm)[nsider Trading](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex191.htm) [](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex191.htm)[Policy](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex191.htm)] [added: International Insider Trading Policy](https://www.sec.gov/Archives/edgar/data/827052/000082705226000012/insidertradingpolicyedga.htm)] | | |
| 21.1 | | | | | | [Subsidiaries of the [removed: Registrants](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex211.htm)] [added: Registrants](https://www.sec.gov/Archives/edgar/data/827052/000082705226000012/eix-20251231xex211.htm)] | | |
| 23.1 | | | | | | [Consent of Independent Registered Public Accounting Firm (Edison [removed: International)](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex231.htm)] [added: International)](https://www.sec.gov/Archives/edgar/data/827052/000082705226000012/eix-20251231xex231.htm)] | | |
| 23.2 | | | | | | [Consent of Independent Registered Public Accounting Firm (Southern California Edison [removed: Company)](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex232.htm)] [added: Company)](https://www.sec.gov/Archives/edgar/data/827052/000082705226000012/eix-20251231xex232.htm)] | | |
| 24.1 | | | | | | [Powers of Attorney of Edison International and Southern California Edison [removed: Company](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex241.htm)] [added: Company](https://www.sec.gov/Archives/edgar/data/827052/000082705226000012/eix-20251231xex241.htm)] | | |
| 24.2 | | | | | | [Certified copies of Resolutions of Boards of Edison International and Southern California Edison Company Directors Authorizing Execution of SEC [removed: Reports](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex242.htm)] [added: Reports](https://www.sec.gov/Archives/edgar/data/827052/000082705226000012/eix-20251231xex242.htm)] | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| 10.8 | | | | | | [Edison International 2007 Performance Incentive Plan, as amended and restated effective April 24, 2025 (incorporated by reference from the Appendix to Edison International’s Definitive Proxy Statement on Schedule 14A filed on March 14, 2025)](https://www.sec.gov/ix?doc=/Archives/edgar/data/827052/000155837025003002/eix-20250424xdef14a.htm#AppendixEIXEquityPlan_767116)[*](https://www.sec.gov/ix?doc=/Archives/edgar/data/827052/000155837025003002/eix-20250424xdef14a.htm#AppendixEIXEquityPlan_767116) | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| 10.8.10 | | | | | | [Form of Long-Term Incentives Award Agreement under the Edison International 2007 Performance Incentive Plan](https://www.sec.gov/Archives/edgar/data/827052/000082705226000012/eix-20251231xex10810.htm) | | |
| 10.9 | | | | | | [Edison International 2008 Executive Severance Plan, as amended and restated effective February 26, 2025 (Filed No. 1-9936, filed as Exhibit 10.3 to Edison International’s Form 10-Q for the quarter ended March 31, 2025)*](https://www.sec.gov/Archives/edgar/data/92103/000082705225000043/eix20250331-ex103.htm) | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| 10.24 | | | | | | [Term Loan Credit Agreement dated as of December 23, 2025, among Edison International, the several banks and other financial institutions from time to time parties thereto and Wells Fargo Bank, National Association, as Administrative Agent (File No. 1-9936, filed as Exhibit 10.1](https://www.sec.gov/Archives/edgar/data/827052/000082705225000119/eix-20251223xex10d1.htm) [](https://www.sec.gov/Archives/edgar/data/827052/000082705225000119/eix-20251223xex10d1.htm)[to Edison International’s Form 8-K dated and filed on December 23, 2025)*](https://www.sec.gov/Archives/edgar/data/827052/000082705225000119/eix-20251223xex10d1.htm) | | |
| 10.25 | | | | | | [Term Loan Credit Agreement, dated as of February 11, 2026, among Southern California Edison Company, the several banks and other financial institutions from time to time parties thereto and Wells Fargo Bank, National Association, as Administrative Agent](https://www.sec.gov/Archives/edgar/data/92103/000009210326000003/sce-20260211xex10d1.htm) [](https://www.sec.gov/Archives/edgar/data/92103/000009210326000003/sce-20260211xex10d1.htm)[(File No. 1-9936, filed as Exhibit 10.1 to Edison International’s Form 8-K dated and filed on](https://www.sec.gov/Archives/edgar/data/92103/000009210326000003/sce-20260211xex10d1.htm) [February](https://www.sec.gov/Archives/edgar/data/92103/000009210326000003/sce-20260211xex10d1.htm) [](https://www.sec.gov/Archives/edgar/data/92103/000009210326000003/sce-20260211xex10d1.htm)[11](https://www.sec.gov/Archives/edgar/data/92103/000009210326000003/sce-20260211xex10d1.htm)[, 202](https://www.sec.gov/Archives/edgar/data/92103/000009210326000003/sce-20260211xex10d1.htm)[6](https://www.sec.gov/Archives/edgar/data/92103/000009210326000003/sce-20260211xex10d1.htm)[)*](https://www.sec.gov/Archives/edgar/data/92103/000009210326000003/sce-20260211xex10d1.htm) | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| | | | | | | | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| 6.25% Senior Note due 2030 | | | 550 | | | | | | | | | | | |
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
[Table of](#i3270c05c74ca4455b53af51dc3ac04d6_7) [C](#i3270c05c74ca4455b53af51dc3ac04d6_7)[ontents](#i3270c05c74ca4455b53af51dc3ac04d6_7)
| | | | | | | | | |
| Jennifer M. Granholm* | | | | | | Director | | |
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
| 10.5 | | | | | | [Edison International Executive Incentive Compensation Plan, as amended and restated effective January 1, 202](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex105.htm)5 | | |
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
| 10.8 | | | | | | [Edison International 2008 Executive Severance Plan, as amended and restated effective January 1, 202](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex108.htm)[5](https://www.sec.gov/Archives/edgar/data/827052/000082705225000022/eix-20241231xex108.htm) | | |
| 10.9 | | | | | | [Edison International and Southern California Edison Company Director Compensation Schedule, as adopted December 8, 2023](https://www.sec.gov/Archives/edgar/data/92103/000082705224000013/eix-20231231xex10d9.htm) (File No. 1-9936, filed as Exhibit 10.9 to Edison International’s Form10-K for the year ended December 31, 2023)* | | |
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
| 4.95% Senior Note due 2025 | | | $ | 400 | | | | | | | | | | |
| 4.70% Senior Note due 2025 | | | 400 | | | | | | | | | | | |
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
[Table o](#i6d0c52c96b2e4ed38937834247526789_7)[f](#i6d0c52c96b2e4ed38937834247526789_7) [Content](#i6d0c52c96b2e4ed38937834247526789_7)[s](#i6d0c52c96b2e4ed38937834247526789_7)
| Vanessa C.L. Chang* | | | | | | Director | | |
An excerpt. Shown here: 40 of 113 rewritten, all 23 added and all 20 removed. The counts are complete. For every sentence, read Item 6. Reserved. in the FY2025 filing and the FY2024 filing.