10-Q - Edison International

Consolidated Balance SheetsSouthern California Edison Company(in millions, unaudited)ASSETSMarch 31,2012December 31,2011Cash and cash equivalents $ 63 $ 57Receivables, less allowances of $76 and $75 for uncollectible accounts at respective dates 641 760Accrued unbilled revenue 508 519Inventory 340 350Prepaid taxes 279 278Derivative assets 51 65Regulatory assets 692 494Other current assets 188 89Total current assets 2,762 2,612Nuclear decommissioning trusts 3,853 3,592Other investments 102 93Total investments 3,955 3,685Utility property, plant and equipment, less accumulated depreciation of $7,088 and$6,894 at respective dates 28,133 27,569Nonutility property, plant and equipment, less accumulated depreciation of $110 and $107at respective dates 72 73Total property, plant and equipment 28,205 27,642Derivative assets 65 70Regulatory assets 6,124 5,815Other long-term assets 494 491Total long-term assets 6,683 6,376Total assets $ 41,605 $ 40,315The accompanying notes are an integral part of these consolidated financial statements.2