| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | divestiture_reduction | completed | 2026-06-30 | Trio (Edison Energy, LLC) | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Edison International completed the disposition of Trio in Q2 2026. Recognized $5 million in employee-related expenses. Headcount not disclosed. | ||||
| 2025-12-31 | restructuring | completed | 2024-12-31 | 2024-12-31 | United States | Corporate | USD 50 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs recorded in 2024 due to reductions in workforce. Disclosed as non-core item in 2024 comparison. | ||
| 2025-09-30 | restructuring | completed | Southern California | Corporate / General | USD 44 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs recorded in 2024 due to reductions in workforce. The 2025 filing notes a decrease in O&M expense due to these prior-year costs, indicating the action was completed in the prior period. | ||||
| 2024-12-31 | reduction_in_force | in_progress | 2024 | California (SCE service area) | SCE (regulated electric utility) | USD 53 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Severance recorded for fiscal 2024 due to current and probable reductions in workforce; $50 million net of a $3 million expected FERC recovery per MD&A ($36 million after-tax). Affected employee count not disclosed. | |||
| 2024-12-31 | reduction_in_force | completed | United States | Southern California Edison Company | USD 53 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | SCE recorded estimated severance costs of $53 million for FY2024 due to current and probable reductions in workforce. Partially offset by $3 million expected FERC recovery (net charge $50 million). Number of employees affected not disclosed. | ||||
| 2024-12-31 | restructuring | completed | 2024 | 2024-12-31 | United States | Corporate | USD 53 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Severance costs recorded due to current and probable reductions in workforce. | ||
| 2024-12-31 | restructuring | completed | 2024-01-01 | 2024-12-31 | United States | Corporate | USD 50 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs recorded due to current and probable reductions in workforce. | ||
| 2024-09-30 | restructuring | in_progress | 2024-07-01 | United States | Southern California Edison Company | USD 47 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE recorded $47M gross severance in Q3 2024 for current and probable workforce reductions; MD&A non-core items show $44M net of expected FERC recovery. Number of employees affected not disclosed. | |||
| 2024-09-30 | restructuring | in_progress | 2024-09-30 | Southern California | Corporate / General | USD 47 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE recorded estimated severance costs of $47 million during the third quarter of 2024 due to current and probable reductions in workforce. Employee count not disclosed. | |||
| 2023-12-31 | other | completed | 4,200 | 2023-02 | Southern California (SCE service territory) | SCE represented workforce | Item_1_Business f5-10k / GLM-5.3-flash-HTML | IBEW members ratified new collective bargaining agreements in February 2023 covering approximately 4,200 SCE employees; agreements run January 1, 2023 through December 31, 2025. | |||
| 2023-12-31 | other | in_progress | Southern California (SCE service territory) | Additional employee groups certified to IBEW | Item_1_Business f5-10k / GLM-5.3-flash-HTML | SCE continued negotiations for collective bargaining agreements with additional employee groups that had certified IBEW as their bargaining representative; affected headcount not disclosed. | |||||
| 2023-06-30 | restructuring | completed | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Organizational realignment charge of $14 million recorded in Q2 2022. No employee count disclosed. | ||||||
| 2022-12-31 | restructuring | completed | SCE | USD 14 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Pre-tax charge recorded in 2022 for organizational realignment services ($10 million after-tax), presented as a non-core item within SCE results; the number of employees affected is not disclosed. | |||||
| 2022-12-31 | acquisition_addition | completed | 2022-10 | United Kingdom (Alfa Energy is UK-based; Edison Energy serves North America and Europe) | Edison Energy | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Edison Energy acquired 100% of Alfa Energy Ltd. in October 2022 for total consideration of $22 million, including contingent consideration of up to $17 million; goodwill of $16 million recognized. Headcount added through the acquisition is not disclosed; Alfa Energy employees are excluded from 2022 safety and diversity metrics. | ||||
| 2022-12-31 | other | completed | 3,900 | 2023-02 | 2025-12-31 | California (SCE service territory) | SCE | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Union contract ratification disclosed as a post-year-end event in the FY2022 10-K: IBEW membership ratified new collective bargaining agreements covering approximately 3,900 SCE employees for the period January 1, 2023 through December 31, 2025. | ||
| 2022-12-31 | restructuring | completed | United States | Corporate / Organizational realignment | USD 14 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge of $14 million ($10 million after-tax) recorded in 2022 for organizational realignment services; employee count not disclosed | ||||
| 2022-12-31 | acquisition_addition | completed | 2022-10-01 | United Kingdom | Edison Energy | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Edison Energy acquired 100% of Alfa Energy Ltd., an international energy and sustainability consultancy, for total consideration of $22 million including contingent consideration; headcount added not disclosed | ||||
| 2022-12-31 | other | completed | 3,900 | 2023-02-01 | 2025-12-31 | United States | SCE — IBEW collective bargaining | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: IBEW membership ratified new collective bargaining agreements covering approximately 3,900 SCE employees for the period January 1, 2023 through December 31, 2025; ratified February 2023 | ||
| 2022-09-30 | restructuring | completed | United States | SCE | USD 14 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge of $14M ($10M after-tax) for organizational realignment services recorded in nine months ended 2022; no employee count disclosed. | ||||
| 2022-09-30 | acquisition_addition | announced | 2022-10-01 | United Kingdom | Edison Energy | USD 18 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Edison Energy acquired an international energy and sustainability consultancy in October 2022 for $18M initial cash; headcount added not disclosed. | |||
| 2022-09-30 | restructuring | completed | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Organizational realignment charge of $10 million recorded in the nine months ended September 30, 2022. No employee count disclosed. | ||||||
| 2022-06-30 | restructuring | in_progress | United States | Southern California Edison Company | USD 14 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge of $14M ($10M after-tax) for organizational realignment services; no employee count, announcement date, or completion timeline disclosed. | ||||
| 2022-06-30 | restructuring | completed | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Organizational realignment charge of $10 million recorded in Q2 2022. Employee count not disclosed. | ||||||
| 2018-12-31 | divestiture_reduction | completed | 2018-02-28 | 2018-04-16 | United States | Edison Energy Group — SoCore Energy (distributed solar) | USD 62 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax loss of $62 million ($50 million after-tax) recognized on the sale; headcount removed through the disposition is not quantified in the filing. | ||
| 2017-12-31 | reduction_in_force | completed | California (SCE service territory) | Southern California Edison Company (SCE) | USD 1 (millions) | other f5-10k / GLM-5.3-flash-HTML | SCE incurred costs for extended retiree health care coverage attributable to a workforce reduction; $1 million of special termination benefits was recognized in 2017 PBOP expense. Filer's exact term is "reduction in workforce"; no affected headcount, announcement date, or program timeline is disclosed, and completion status is inferred from recognition of 2017 costs. | ||||
| 2017-09-30 | other | completed | 3,900 | United States (southern California) | Southern California Edison Company | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE and IBEW recently negotiated and IBEW ratified 3% annual wage increases for calendar years 2018 and 2019, effective 2017-10-02; agreements covering approximately 3,900 full-time employees expire 2019-12-31. No announcement date or affected-count beyond the covered-employee figure is stated. | ||||
| 2017-09-30 | other | announced | United States | Edison Energy Group (SoCore Energy / Edison Energy) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | During Q3 2017 Edison International completed a strategic review and will evaluate strategic options, including a potential sale of SoCore Energy, while consolidating management across Edison Energy Group; Edison Energy targets breakeven by end of 2019. No headcount affected, charge, or announcement date disclosed; held-for-sale accounting was not applied as sale within one year was not probable at 2017-09-30. | |||||
| 2016-12-31 | reduction_in_force | in_progress | California (SCE service territory) | Southern California Edison Company (SCE) | USD 21 (millions) | other f5-10k / GLM-5.3-flash-HTML | During 2016 SCE increased the estimated impact of approved workforce reductions tied to productivity-improvement efforts. Severance accrual roll-forward shows $21 million of additions charged to costs and expenses, $40 million of payments, and a $3 million balance remaining at December 31, 2016. Number of employees affected and completion timeline not disclosed. Severance costs are recorded in operation and maintenance expense. | ||||
| 2016-12-31 | restructuring | in_progress | United States (Southern California) | Southern California Edison Company | USD 21 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved workforce reductions supporting productivity and cost-structure goals; 2016 additions of $21M to the accrued severance liability (balance fell from $22M to $3M after $40M of payments). No employee count, announcement date, or completion date disclosed; charge is current-fiscal-year activity only. | ||||
| 2016-12-31 | restructuring | completed | 2016-12-31 | 2016-12-31 | California | Southern California Edison Company | USD 21 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | SCE increased estimated impact for approved workforce reductions during the year ended Dec 31, 2016. Additions of $21 million recorded. Balance at Dec 31, 2016 was $3 million. Employee count not explicitly disclosed. | ||
| 2016-12-31 | restructuring | in_progress | 2016-12-31 | Southern California | Southern California Edison Company | USD 21 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | SCE increased estimated impact for approved workforce reductions during 2016. Severance costs included in operation and maintenance. No specific employee count disclosed. | |||
| 2016-12-31 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2016-12-31 | Southern California | Southern California Edison Company | USD 21 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing SCE workforce reductions through 2016 to improve productivity and mitigate rate pressure; $21M severance additions for nine months ended 2016-09-30 (balance $9M at period end). No employee count or announcement date disclosed. | |||
| 2016-09-30 | restructuring | in_progress | 2016-12-31 | Southern California | Corporate / Operations | USD 21 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | SCE increased estimated impact for approved workforce reductions during the nine months ended Sept 30, 2016. Accrued severance liability balance was $9 million as of Sept 30, 2016, after $21 million in additions and $34 million in payments. Reductions expected to continue through 2016. | |||
| 2016-09-30 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | 2016-12-31 | Southern California | Southern California Edison Company | USD 13 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE workforce reductions expected to continue through 2016; severance additions of $13M in 1H 2016, payments of $23M, $12M balance at quarter-end. No employee count disclosed. | |||
| 2016-06-30 | other | completed | United States | Edison Energy Group | USD 13 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | After-tax charge for buy-out of earn-out provision with former shareholders of a company acquired by Edison Energy in 2015, together with employment contract modifications to align long-term incentive compensation. No headcount disclosed. | ||||
| 2016-06-30 | restructuring | in_progress | 2016-12-31 | Southern California | Corporate / Operations | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | SCE increased estimated impact for approved workforce reductions during the six months ended June 30, 2016. Accrued severance liability was $12 million at June 30, 2016. Reductions expected to continue through 2016. | |||
| 2016-06-30 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | 2016-12-31 | United States (Southern California) | Southern California Edison Company — enterprise-wide productivity program | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE increased the estimated impact for approved workforce reductions during Q1 2016; program expected to result in further workforce reductions through 2016. Severance liability roll-forward: $22M opening, $5M additions, $15M payments, $12M closing. No employee count disclosed. | |||
| 2016-03-31 | restructuring | in_progress | 2016-12-31 | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | SCE increased estimated impact for approved workforce reductions to mitigate rate pressure and optimize cost structure. Accrued severance liability was $12 million at March 31, 2016, after $15 million in payments. | |||||
| 2016-03-31 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | reduction_in_force | in_progress | 2016-12-31 | United States — California | Southern California Edison Company (utility operations) | USD 26 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year effort to improve productivity and operational efficiency; 2015 severance accrual additions of $26 million, payments of $39 million, ending accrual $22 million. No employee count for 2015 reductions disclosed; further reductions expected through 2016. Related costs include extended retiree health coverage (special termination benefits). | |||
| 2015-12-31 | restructuring | in_progress | 2016-12-31 | United States (California) | Southern California Edison Company | USD 26 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | SCE approved workforce reductions during 2015; $26M added to the severance liability, $39M paid, $22M balance at year-end. Number of employees affected is not disclosed. Filer states the program is expected to produce further workforce reductions through 2016. | |||
| 2015-12-31 | acquisition_addition | completed | 2015-12-31 | 2015-12-31 | United States | Edison Energy Group (Competitive Businesses) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three businesses acquired for an aggregate purchase price of approximately $100M, expanding energy advisory, engineering/design and renewable sourcing capabilities; headcount added is not disclosed. Up to approximately $50M of contingent consideration may be earned over four years. | |||
| 2015-12-31 | restructuring | completed | 2015-01-01 | 2015-12-31 | Southern California | Corporate and Operational | USD 26 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Higher severance costs related to workforce reduction efforts. | ||
| 2015-12-31 | restructuring | in_progress | 2015-01-01 | 2016-12-31 | Southern California | Corporate and Operations | USD 26 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | SCE increased estimated impact for approved workforce reductions during 2015. Severance costs of $26 million recorded in 2015. Program expected to continue through 2016. | ||
| 2015-12-31 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | 2016-12-31 | United States | Southern California Edison Company | USD 17 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE approved workforce reductions expected through 2016; $17M severance additions in nine months ended 2015; no employee count disclosed | |||
| 2015-09-30 | other | completed | 2015-09-01 | 2015-09-01 | United States | Southern California Edison Company | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2015–2017 collective bargaining agreements with IBEW executed September 1, 2015 covering approximately 3,900 full-time employees; includes pay increases retroactive to January 1, 2015 and modified benefit plans | |||
| 2015-09-30 | restructuring | in_progress | 2016-12-31 | California | Corporate / Operations | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | SCE continues workforce reductions through 2016 to mitigate rate pressure. $17M in severance additions recorded in the nine months ended Sept 30, 2015. Employee count not disclosed. | |||
| 2015-09-30 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | 2016-12-31 | United States (Southern California) | Southern California Edison Company | USD 10 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing productivity-driven workforce reduction program; filer states further reductions expected through 2016. Severance liability roll-forward: $35M balance at 2015-01-01, $10M additions, $(24)M payments, $21M balance at 2015-06-30. No employee count disclosed. MD&A also cites $10M severance costs in Q2 2015 (same event, deduplicated to footnote). | |||
| 2015-06-30 | other | completed | 3,900 | 2015-06-30 | United States (Southern California) | Southern California Edison Company | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | On 2015-06-30 a majority of IBEW members ratified the Benefits Agreement and Wages and Working Conditions Bargaining Agreement with SCE, covering approximately 3,900 full-time employees; includes pay increases retroactive to 2015-01-01 and modified benefit plans. Prior agreements expired 2014-12-31. | |||
| 2015-06-30 | restructuring | in_progress | 2016-12-31 | Southern California | Corporate / Operations | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | SCE continues to focus on productivity improvements expected to result in further workforce reductions through 2016. During Q2 2015, SCE increased the estimated impact for workforce reduction approved through the end of the quarter, recording $10 million in severance costs. | |||
| 2015-06-30 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | United States | Southern California Edison Company | USD 23 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year workforce reduction program begun 2012, expanded after the 2013 San Onofre retirement decision and 2014 IT outsourcing; $23M of severance paid in Q1 2015 (accrued severance fell from $35M to $12M); cumulative estimated cash severance of $215M through 2015-03-31; no employee count disclosed | ||||
| 2015-03-31 | other | in_progress | 3,900 | 2015-01-01 | United States | Southern California Edison Company — IBEW-represented employees | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | IBEW collective bargaining agreements covering approximately 3,900 full-time employees expired 2014-12-31; expired terms remain in force during negotiations, subject to termination on 120 days written notice; no agreement reached as of filing | |||
| 2015-03-31 | restructuring | in_progress | Southern California | Corporate / Operations | USD 23 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance payments related to workforce reductions commenced in 2012 and 2013. Total estimated cash severance through March 31, 2015 is $215 million. | ||||
| 2015-03-31 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | reduction_in_force | in_progress | 2012 | California (SCE service territory) | SCE — broad-based cost-reduction effort, including transfer of certain information technology activities to third parties | USD 4 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program commenced in 2012; FY2014 activity included increased estimates for workforce impacts of transferring IT activities to third parties. FY2014 severance expense was $4 million pre-tax ($2 million after-tax), excluding San Onofre-related severance. Severance liability roll-forward for FY2014: $54 million opening, $3 million additions, $22 million payments, $35 million closing. Cumulative estimated cash severance through 2014-12-31 totaled $215 million for all disclosed reductions (includes San Onofre). Filer cautions continued operational-efficiency efforts may lead to additional severance or other charges. | |||
| 2014-12-31 | plant_closure | completed | 2013-06-06 | California (San Onofre Nuclear Generating Station) | SCE — permanent retirement of San Onofre Units 2 and 3 | MD&A f5-10k / GLM-5.3-flash-HTML | SCE decided in June 2013 to permanently retire and decommission San Onofre Units 2 and 3, resulting in additional workforce reductions; affected headcount is not quantified. The severance aspect was resolved in fiscal 2014 when the CPUC approved the San Onofre OII Settlement Agreement (2014-11-20), authorizing rate recovery of recorded 2013 operations and maintenance expense including severance. Decommissioning work is expected to run to roughly 2052, but the workforce reduction action and its severance recovery were completed within the fiscal year. | ||||
| 2014-12-31 | restructuring | in_progress | United States (Southern California) | SCE — enterprise-wide cost-structure optimization, including transfer of certain IT activities to third parties | USD 4 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ongoing multi-year workforce reduction program begun 2012; 2014 severance cost of $4M excluding San Onofre-related severance (MD&A), with $3M added to the accrued severance liability during 2014 and $22M of payments. Cumulative estimated cash severance for all such reductions through 2014-12-31 was $215M; accrued severance liability was $35M at year-end. Employees affected not disclosed. | ||||
| 2014-12-31 | restructuring | completed | 2012-01-01 | 2014-12-31 | Southern California | Corporate and Operational | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | SCE incurred severance costs (after-tax) related to workforce reductions of $2 million in 2014. These reductions commenced in 2012 to optimize cost structure. Estimated cash severance for all workforce reductions totaled $215 million through Dec 31, 2014 (Note 8). | ||
| 2014-12-31 | restructuring | completed | 2012-01-01 | 2014-12-31 | Southern California | Corporate and Operations | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | SCE incurred severance costs (after-tax) related to workforce reductions of $2 million in 2014. Part of a broad-based effort commenced in 2012 to reduce costs and improve operational excellence. | ||
| 2014-12-31 | restructuring | completed | 2013-06-06 | 2014-12-31 | Southern California | Generation | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions associated with the permanent retirement of San Onofre Units 2 and 3. Severance costs for these specific reductions were recovered in the San Onofre OII Settlement Agreement and excluded from the general workforce reduction costs. | |||
| 2014-12-31 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | United States (California) | Information Technology / Corporate | USD 45 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE workforce reductions include transferring certain IT activities to third parties. Accrued severance liability was $45M at 2014-09-30 (from $54M at 2014-01-01; $9M additions, $17M payments, $1M other during YTD). Cumulative cash severance through 2014-09-30 totaled $222M. No employee count disclosed. | ||||
| 2014-09-30 | plant_closure | completed | 2013-06-06 | United States (California) | San Onofre Nuclear Generating Station (Units 2 and 3) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE announced permanent retirement of San Onofre Units 2 and 3 on 2013-06-06, resulting in additional workforce reductions. Severance costs related to San Onofre were $1M in YTD 2014 and $79M in YTD 2013. No specific employee count disclosed in this filing. | ||||
| 2014-09-30 | restructuring | in_progress | 2012-01-01 | Southern California | Information Technology | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Ongoing workforce reduction efforts commenced in 2012 to optimize cost structure. Q2 2014 saw increased estimated impact for transferring IT activities to third parties. $9M added to severance liability in Q3 2014. Total estimated cash severance through Sept 30, 2014 is $222M. | |||
| 2014-09-30 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | United States (California) | Information Technology | USD 222 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE workforce reductions tied to outsourcing certain IT activities; estimated cash severance of $222M (SCE share) through June 30, 2014. Severance liability balance was $50M at June 30, 2014. No employee count disclosed. | ||||
| 2014-06-30 | plant_closure | in_progress | 2013-06-06 | United States (California) | San Onofre Nuclear Generating Station (Units 2 and 3) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Permanent retirement of San Onofre Units 2 and 3 (announced June 2013) resulted in additional workforce reductions; no employee count disclosed in this filing. Severance costs after-tax were $4M in Q2 2014 and $5M YTD 2014. | ||||
| 2014-06-30 | restructuring | in_progress | 2012-01-01 | California | Information Technology | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | SCE increased estimated impact for workforce reductions related to transferring certain IT activities to third parties. Additions of $9 million recorded in Q2 2014. Total estimated cash severance through June 30, 2014 is $222 million. | |||
| 2014-06-30 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | 2012-01-01 | Southern California, United States | Southern California Edison Company (utility operations) | USD 213 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE began multiple workforce reduction efforts in 2012 to optimize cost structure; additional reductions followed the June 2013 decision to retire San Onofre. Cumulative cash severance through 2014-03-31 totaled $213M. Accrued severance liability was $44M at quarter-end after $10M in payments during Q1 2014. No employee count disclosed. | |||
| 2014-03-31 | restructuring | in_progress | 2012-01-01 | Southern California | Corporate and Operations | USD 213 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | SCE commenced multiple efforts in 2012 to reduce workforce to optimize cost structure. In June 2013, announced plans to permanently retire San Onofre, resulting in additional reductions. Through March 31, 2014, SCE's share of estimated cash severance totaled $213 million. Accrued liability was $44 million at quarter-end. | |||
| 2014-03-31 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | plant_closure | in_progress | 960 | 2013-06-06 | California (San Onofre Nuclear Generating Station) | SCE — nuclear generation (San Onofre Units 2 and 3) | USD 39 (millions) | other f5-10k / GLM-5.3-flash-HTML | Workforce reduction of approximately 960 employees announced with the June 6, 2013 decision to permanently retire Units 2 and 3; $39 million is SCE's share of 2013 severance costs previously included in the decommissioning estimate. An additional $14 million of severance was recorded for indirect employee impacts from the early retirement decision. No completion date disclosed. | ||
| 2013-12-31 | reduction_in_force | announced | 175 | 2013-06-06 | California (San Onofre Nuclear Generating Station) | SCE — nuclear generation (San Onofre) | other f5-10k / GLM-5.3-flash-HTML | Further reduction of approximately 175 employees expected after NRC acceptance of the decommissioning plan; timing contingent on that acceptance and not specified. Treated as a sub-component of the June 2013 San Onofre retirement program. | |||
| 2013-12-31 | restructuring | in_progress | 2012 | California (SCE service area) | SCE utility-wide cost structure optimization | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multiple workforce-reduction efforts commenced in 2012 to optimize cost structure and continued through 2013; headcount for this program not separately disclosed. Combined across all efforts (including San Onofre), SCE's share of estimated cash severance totaled $213 million through December 31, 2013 (cumulative); 2013 accrued severance roll-forward: $104 million opening, $101 million additions, $151 million payments, $54 million year-end balance. | ||||
| 2013-12-31 | restructuring | in_progress | 960 | 2013-06-06 | United States (California) | San Onofre nuclear plant | USD 39 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction announced with the June 6, 2013 decision to permanently retire San Onofre Units 2 and 3; severance cost is SCE's share recorded in 2013. A further $14 million of severance was recorded for indirect employee impacts of the early-retirement decision. SCE expects an additional reduction of about 175 employees after NRC acceptance of the decommissioning plan. | ||
| 2013-12-31 | restructuring | in_progress | 2012-01-01 | United States (California) | Southern California Edison Company | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year SCE workforce reduction efforts begun in 2012 continued into 2013; no employee count is disclosed. Severance liability roll-forward for 2013: opening balance $104 million, additions $101 million, payments $151 million, closing balance $54 million; cumulative estimated cash severance of $213 million through December 31, 2013. | ||||
| 2013-12-31 | acquisition_addition | completed | 2013-08-01 | United States | Competitive Businesses — distributed solar development | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Edison International acquired SoCore Energy, LLC in August 2013 (commercial rooftop distributed solar developer); no headcount added is disclosed. Month only is stated, so date is approximate. | ||||
| 2013-12-31 | restructuring | completed | 960 | 2013-06-06 | California | San Onofre Nuclear Generating Station | USD 39 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce reduction announced in June 2013 following decision to permanently retire San Onofre Units 2 and 3. Severance costs of $39 million recorded in 2013. | ||
| 2013-12-31 | restructuring | completed | 2013-06-06 | California | Corporate/Indirect | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Severance costs of $14 million related to indirect employee impacts from the decision to early retire San Onofre Units. | |||
| 2013-12-31 | restructuring | completed | 960 | 2013-06-06 | California | San Onofre Nuclear Generating Station | USD 39 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduction announced upon decision to permanently retire San Onofre Units 2 and 3. $39 million in severance costs recorded in 2013. | ||
| 2013-12-31 | restructuring | completed | 2013-06-06 | California | Corporate / Indirect | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs related to indirect employee impacts from the decision to early retire San Onofre Units. | |||
| 2013-12-31 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 101,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | completed | 2013-06-30 | United States — Southern California | Southern California Edison Company — enterprise-wide | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE began multiple workforce reduction efforts in 2012 to optimize cost structure; largely completed by end of Q2 2013. No affected-employee count disclosed. Accrued severance liability roll-forward for 2013: $104M opening, $109M additions, $132M payments, $81M at 2013-09-30. | ||||
| 2013-09-30 | plant_closure | in_progress | 960 | 2013-06-06 | United States — Southern California (San Onofre) | San Onofre Nuclear Generating Station workforce | USD 56 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Follows the 2013-06-06 decision to permanently retire San Onofre Units 2 and 3; majority of reductions occurred in 2013. $56M severance accrued (SCE's share), probable of recovery in future rates; a further $14M severance recorded for indirect employee impacts. | ||
| 2013-09-30 | reduction_in_force | announced | 175 | 2013-06-06 | United States — Southern California (San Onofre) | Support organizations | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Further reduction expected after NRC acceptance of the San Onofre decommissioning plan; timing not specified. Related to the same San Onofre retirement decision as the 960-employee reduction. | |||
| 2013-09-30 | restructuring | in_progress | 960 | 2013-06-06 | San Onofre | San Onofre workforce | USD 56 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction associated with permanent retirement of San Onofre Units 2 and 3. Accrued additional severance costs of $56 million. | ||
| 2013-09-30 | restructuring | in_progress | 175 | 2013-06-06 | San Onofre | Support organizations | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Further reduction of support organizations expected after acceptance of decommissioning plan by NRC. | |||
| 2013-09-30 | restructuring | in_progress | 2013-06-06 | San Onofre | Indirect employee impacts | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs related to indirect employee impacts from the decision to early retire the Units. | |||
| 2013-09-30 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 109,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | 960 | Southern California Edison Company [Member] / San Onofre [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2013-06-30 | plant_closure | in_progress | 960 | 2013-06-06 | 2013-12-31 | California (San Onofre site) | San Onofre nuclear plant workforce | USD 56 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Follows June 6, 2013 decision to permanently retire San Onofre Units 2 and 3; majority of reductions expected in 2013. Severance is SCE's share; $32M of the cost deferred as a regulatory asset and $24M offset by authorized revenue, so no earnings impact. | |
| 2013-06-30 | restructuring | announced | 175 | 2013-06-06 | California | Support organizations / decommissioning workforce | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Support-organization reduction announced with the San Onofre retirement; a further reduction of approximately 175 employees is expected after NRC acceptance of the decommissioning plan. Timing not specified. | |||
| 2013-06-30 | restructuring | in_progress | 2013-06-30 | California | Southern California Edison Company (enterprise-wide) | USD 109 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year cost-structure workforce reduction program begun in 2012, largely completed by end of Q2 2013; no employee count disclosed. Severance additions of $109M and payments of $88M in the six months ended June 30, 2013; liability balance $125M at quarter-end. $61M of severance accrued in Q2 2013, of which $37M impacted earnings. | |||
| 2013-06-30 | restructuring | in_progress | 2013-06-06 | California | Indirect / corporate employees affected by San Onofre retirement | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance for indirect employee impacts of the early retirement decision; no regulatory asset recorded because these employees sit in SCE base rates. Headcount not disclosed. | |||
| 2013-06-30 | restructuring | in_progress | 960 | 2013-06-06 | 2013-12-31 | California | San Onofre Nuclear Generating Station | USD 56 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction associated with permanent retirement of San Onofre Units 2 and 3. Majority of reductions expected in 2013. | |
| 2013-06-30 | restructuring | in_progress | 175 | 2013-06-06 | California | San Onofre Support Organizations | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Support organization reductions associated with San Onofre retirement. Expected to occur after NRC acceptance of decommissioning plan. | |||
| 2013-06-30 | restructuring | in_progress | 2013-06-06 | California | Indirect Employee Impacts | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs related to indirect employee impacts from early retirement decision. Employees included in base rates. | |||
| 2013-06-30 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 109,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | 175 | Southern California Edison Company [Member] / San Onofre [Member] / Decommissioning Plan [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2013-06-30 | restructuring | in_progress | 960 | Southern California Edison Company [Member] / San Onofre [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2013-03-31 | restructuring | in_progress | United States (Southern California) | Southern California Edison Company — workforce reduction efforts | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE began multiple workforce reduction efforts in 2012 to optimize its cost structure and align with peers. Severance liability roll-forward: $104M at Jan 1, 2013; $16M additions and $61M payments during Q1 2013; $59M at Mar 31, 2013. No employee count disclosed. MD&A notes $16M of accrued severance costs in Q1 2013 O&M expense. | ||||
| 2013-03-31 | restructuring | in_progress | 2012-01-01 | Southern California | Corporate / General | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | SCE commenced multiple efforts in 2012 to reduce its workforce to optimize cost structure. Additions to accrued severance liability were $16 million for the three months ended March 31, 2013. Payments were $61 million. Ending liability was $59 million. Employee count affected not disclosed. | |||
| 2013-03-31 | restructuring | in_progress | Southern California Edison Company [Member] / Employee Severance [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | 2012 | 2013 | California, United States | San Onofre Nuclear Generating Station (SONGS) | USD 36 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Downsizing of the San Onofre organization announced in 2012 to align its cost structure with industry peers; the $36 million is SCE's estimated share of cash severance recorded at December 31, 2012. MD&A ties these reductions to plans in the 2012 GRC. Reductions began in the fourth quarter of 2012 and continue into 2013; severance payments expected complete in 2013. No affected-employee count disclosed. | ||
| 2012-12-31 | restructuring | in_progress | 2012 | 2013 | California, United States | Company-wide (SCE) | USD 76 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Separate reorganization event under which SCE implemented plans to reduce its workforce; $76 million of estimated severance recorded at December 31, 2012. Reductions began in the fourth quarter of 2012 and continue into 2013, with severance payments expected complete in 2013. Together with the San Onofre action, MD&A cites $112 million of 2012 severance costs. No affected-employee count disclosed. | ||
| 2012-12-31 | other | in_progress | 2012-12-17 | 2014-12-31 | Edison Mission Group / Edison Mission Energy (nonutility competitive power generation) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | EME and certain subsidiaries filed voluntary Chapter 11 petitions on the Petition Date; Edison International deconsolidated EME effective that date, removing EME's workforce from the consolidated group (results reported as discontinued operations). Under the Support Agreement, Edison International plans to transfer EME stock to unsecured creditors no later than December 31, 2014 and will assume certain EME employee retirement liabilities (an $80 million joint qualified retirement plan liability was recorded). No EME employee headcount is disclosed in this filing. | ||||
| 2012-12-31 | restructuring | in_progress | 2012-01-01 | 2013-12-31 | United States — Southern California | San Onofre organization | USD 36 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Estimated cash severance (SCE's share) for the San Onofre workforce reduction announced in 2012 to align the plant's cost structure with industry peers; headcount not disclosed. Reductions began in Q4 2012 and are expected to complete during 2013. Announcement date shown as fiscal-year start because no specific date is given. | ||
| 2012-12-31 | restructuring | in_progress | 2012-01-01 | 2013-12-31 | United States — Southern California | SCE — general reorganization | USD 76 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Estimated severance recorded for a separate 2012 reorganization event; headcount not disclosed. Reductions began in Q4 2012 and are expected to complete during 2013. Announcement date shown as fiscal-year start because no specific date is given. | ||
| 2012-12-31 | restructuring | in_progress | 2012 | 2013 | Southern California | San Onofre Nuclear Generating Station | USD 112 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | SCE announced plans for downsizing to bring San Onofre organization and cost structure in line with industry peers. $112 million in severance costs recorded in 2012. Payments expected to be completed in 2013. Employee count not explicitly disclosed. | ||
| 2012-12-31 | restructuring | in_progress | 2012-01-01 | 2013-12-31 | Southern California | San Onofre / General Workforce | USD 112 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | SCE incurred $112 million in severance costs related to employee reductions at San Onofre and approved reductions for 2013 to optimize cost structure. Reductions began in Q4 2012 and are expected to complete in 2013. | ||
| 2012-09-30 | restructuring | announced | 730 | 2012-08-01 | 2013-12-31 | United States (San Clemente/San Diego, California) | Southern California Edison — San Onofre nuclear plant workforce | USD 30 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE plans to reduce the San Onofre workforce by 730 employees to 1,500 employees, beginning Q4 2012 and continuing through 2013. $30 million estimated cash severance cost (SCE's share) for non-represented employees recorded at 2012-09-30. Announcement month stated as August 2012; day not specified. | |
| 2012-09-30 | restructuring | announced | 730 | 2012-08-01 | 2013-12-31 | Southern California | San Onofre Nuclear Generating Station | USD 30 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE announced plans to reduce the San Onofre workforce by 730 employees to 1,500 employees beginning in Q4 2012 and continuing in 2013. Recorded $30 million in estimated cash severance costs for non-represented employees. | |
| 2012-03-31 | plant_closure | announced | 2012-03-31 | 2012-09-30 | United States (Illinois) | EMG — Midwest Generation (Fisk and Crawford Stations) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | EMG decided to shut down Fisk and Crawford Stations in September 2012; PJM approved. Estimated 150 to 180 employees affected. Severance benefits not required under existing collective bargaining agreement; timing and amount of any severance to be determined after personnel review based on seniority. | |||
| 2012-03-31 | restructuring | announced | 165 | 2012-03-31 | 2012-09-30 | Illinois | Midwest Generation | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Shutdown of Fisk and Crawford Stations in September 2012; 150 to 180 employees affected. Timing and amount of severance benefits to be determined after review. | ||
| 2011-12-31 | plant_closure | announced | 150 | 2012-02 | Illinois, United States | Midwest Generation (EMG competitive power generation segment) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Decision made in February 2012, after the fiscal year-end. Fisk Station to shut by end of 2012 and Crawford Station by end of 2014, subject to PJM reliability review, so no single completion date applies. Headcount disclosed only as an aggregate range of 150 to 180 across both stations; the lower bound is recorded. EMG recorded a $640 million impairment charge at December 31, 2011 across the Crawford, Fisk and Waukegan Stations (Note 16: $115M Fisk, $186M Crawford, $339M Waukegan); the charge includes Waukegan, which is not slated for closure. Severance amounts, if any, to be determined after a personnel review. EME indicated it may ultimately shut the Waukegan Station and Joliet Unit 6 rather than install controls, but no shutdown decision had been made. | |||
| 2011-12-31 | restructuring | completed | Renewable energy development (EMG) | USD 34 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | During the fourth quarter of 2011, EMG scaled back renewable development to conserve cash, cutting staffing and joint-development funding and shrinking the wind development pipeline to roughly 1,300 MW. Charges of $34 million were triggered; the composition (e.g., severance versus write-offs of capitalized development costs) is not specified. The headcount reduction is not quantified. | |||||
| 2011-12-31 | plant_closure | announced | 2012-02-29 | 2014-12-31 | Illinois, United States | Edison Mission Group — Midwest Generation coal plants | USD 640 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | In February 2012 Midwest Generation decided to shut Fisk Station by end of 2012 and Crawford Station by end of 2014; $640M impairment covers Crawford, Fisk and Waukegan Stations. Filer estimates 150 to 180 employees affected in total across the closures. | ||
| 2011-12-31 | plant_closure | announced | 2012-02-29 | 2012-12-31 | Illinois, United States | Edison Mission Group — Midwest Generation, Fisk Station | USD 115 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Impairment charge of $115 million for Fisk Station; closure decision made in February 2012 (subsequent to fiscal year-end). | ||
| 2011-12-31 | plant_closure | announced | 2012-02-29 | 2014-12-31 | Illinois, United States | Edison Mission Group — Midwest Generation, Crawford Station | USD 186 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Impairment charge of $186 million for Crawford Station; closure decision made in February 2012 (subsequent to fiscal year-end). | ||
| 2011-12-31 | plant_closure | announced | 2012-02-29 | Illinois, United States | Edison Mission Group — Midwest Generation, Waukegan Station | USD 339 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer concluded it less likely to retrofit Waukegan Station; $339 million impairment. No closure date or headcount disclosed. | |||
| 2011-12-31 | restructuring | completed | 180 | 2012-02-01 | 2014-12-31 | Illinois | Edison Mission Group (Midwest Generation) | USD 640 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Decision to shut down Fisk Station by end of 2012 and Crawford Station by end of 2014. 150-180 employees affected. Impairment charge of $640 million recorded in Q4 2011. | |
| 2011-12-31 | restructuring | completed | 2011-12-31 | United States | Edison Mission Group (Renewable Energy) | USD 34 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Significant reduction in development of renewable energy projects to conserve cash. Staffing reduced and joint development funding reduced. Charge of $34 million recorded in Q4 2011. | |||
| 2011-12-31 | restructuring | completed | 2011-12-31 | 2011-12-31 | United States | Edison Mission Group (EMG) | USD 34 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | EMG reduced staffing and development pipeline for wind projects. Specific headcount not disclosed, only charge amount. | ||
| 2011-12-31 | plant_closure | announced | 2012-02-01 | 2012-12-31 | Illinois | Midwest Generation (EMG) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Midwest Generation decided to shut down Fisk Station by end of 2012. 150-180 employees affected by Fisk and Crawford closures combined, but specific count for Fisk not isolated. | |||
| 2011-12-31 | plant_closure | announced | 2012-02-01 | 2014-12-31 | Illinois | Midwest Generation (EMG) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Midwest Generation decided to shut down Crawford Station by end of 2014. 150-180 employees affected by Fisk and Crawford closures combined, but specific count for Crawford not isolated. | |||
| 2010-12-31 | restructuring | completed | 75 | 2009-04 | 2009-04 | United States | Edison Mission Group (EMG) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of approximately 75 positions in regional and corporate offices in April 2009. | ||
| 2010-12-31 | restructuring | completed | 75 | 2009-04 | 2009-04 | United States | EMG (Edison Mission Group) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduction of approximately 75 positions in regional and corporate offices in April 2009. | ||
| 2009-09-30 | restructuring | completed | 75 | 2009-04-01 | United States | Competitive Power Generation (EME) — regional and corporate offices | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Action occurred in April 2009 (Q2) but is disclosed in this Q3 filing as context for lower administrative expenses; no severance charge quantified. | |||
| 2009-09-30 | restructuring | completed | 75 | 2009-04-01 | United States | Regional and Corporate Offices | MD&A f5-10q / Qwen3.6-27B-Q8_0 | EME reduced approximately 75 positions in its regional and corporate offices in April 2009. Year-to-date decrease in expenses partially offset by restructuring expenses. | |||
| 2009-03-31 | restructuring | announced | 75 | 2009-04-01 | United States | Edison Mission Group (EME) — regional and corporate offices | USD 6 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter action; charge expected in Q2 2009. Filer states approximately 75 positions reduced. | ||
| 2009-03-31 | restructuring | announced | 75 | 2009-04-01 | 2009-06-30 | United States | Corporate and Regional Offices | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | EME reduced approximately 75 positions in regional and corporate offices; restructuring charge of approximately $6 million expected in Q2 2009. | |
| 2008-06-30 | other | completed | 2008-06-30 | California | Transmission and Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE disciplined and/or terminated certain employees, including several supervisory personnel, following an internal investigation into misconduct regarding customer satisfaction surveys and employee injury/illness reporting. | ||||
| 2008-03-31 | other | completed | California | Transmission and Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE disciplined and/or terminated certain employees, including supervisory personnel, following internal investigations into misconduct regarding customer satisfaction surveys and employee injury reporting. | |||||
| 2007-12-31 | plant_closure | completed | 2006-06-19 | 2007-12-31 | Arizona, United States (Navajo Nation lands) | SCE — Mohave Generating Station | USD 5 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Multi-year wind-down: Mohave suspended operations 2005-12-31; SCE announced on 2006-06-19 it would not pursue returning the plant to service. Workforce was reduced from over 300 employees to 37 by year-end 2007 (exact number of employees affected not stated, so not derived). SCE recorded $5 million of termination costs in 2007 (SCE's share), deferred in a balancing account under the 2006 GRC decision; pension-note disclosures also attribute special termination benefits to the Mohave shutdown. | ||
| 2007-12-31 | restructuring | completed | 263 | 2005-12-31 | 2007-12-31 | Nevada | Southern California Edison Company (SCE) | USD 5 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Mohave plant ceased operations on Dec 31, 2005. Workforce reduced from over 300 to 37 by end of 2007. SCE recorded $5 million in termination costs during 2007. | |
| 2007-12-31 | restructuring | completed | 263 | 2005-12-31 | 2007-12-31 | Arizona | Southern California Edison Company (SCE) | USD 5 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduced from over 300 employees to 37 employees by end of 2007 following Mohave plant shutdown. SCE recorded $5 million in termination costs during 2007. | |
| 2007-03-31 | other | in_progress | 2007-03-31 | California | Transmission and Distribution | other f5-10q / Qwen3.6-27B-Q8_0 | SCE disciplined and/or terminated certain employees, including supervisory personnel, following an internal investigation into misconduct regarding customer satisfaction surveys and employee injury reporting. | ||||
| 2006-12-31 | plant_closure | completed | 2005-12-31 | 2006-12-31 | Clark County, Nevada (Mohave Generating Station, co-owned by SCE) | SCE — electric utility generation | USD 15 (millions) | other f5-10k / GLM-5.3-flash-HTML | Mohave ceased operations December 31, 2005 per a 1999 consent decree; workforce reduced from over 300 employees to approximately 65 by end of 2006. SCE announced on June 19, 2006 that it would not pursue returning the plant to service. The $15 million termination costs (SCE's share) were recorded during 2006, deferred in a balancing account authorized in the 2006 GRC decision, and are expected to be recovered in future rate-making proceedings. Related special termination benefit costs also appear in the pension and PBOP expense for 2006. | ||
| 2006-12-31 | plant_closure | completed | 2006-06-19 | 2006-12-31 | United States (Clark County, Nevada, near the California border) | SCE — Mohave Generating Station | USD 15 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plant ceased operations 2005-12-31; SCE announced on 2006-06-19 it would not pursue return to service. Workforce reduced from over 300 employees to approximately 65 by year-end 2006 (filer does not state an explicit reduction count). $15 million of termination costs (SCE's share) recorded during 2006 and deferred in an authorized balancing account. | ||
| 2006-12-31 | restructuring | completed | 235 | 2005-12-31 | 2006-12-31 | Nevada | Southern California Edison Company (SCE) | USD 15 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce reduced from over 300 employees to 65 employees by end of 2006 following suspension of Mohave operations on Dec 31, 2005. SCE recorded $15 million in termination costs. | |
| 2006-12-31 | restructuring | completed | 235 | 2005-12-31 | 2006-12-31 | Arizona | Southern California Edison Company (SCE) | USD 15 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduced from over 300 employees to 65 employees by end of 2006 following Mohave plant shutdown. SCE recorded $15 million in termination costs. | |
| 2006-09-30 | plant_closure | in_progress | 2006-06-19 | 2006-12-31 | United States (California/Arizona) | Electric Utility (SCE) — Mohave Generating Station | USD 16 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce to shrink from over 300 to about 65 by end-2006; $7M termination costs in Q2 and $9M in Q3 (SCE's share), deferred to a CPUC-authorized balancing account. | ||
| 2006-09-30 | other | in_progress | United States | Electric Utility (SCE) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Special termination benefits incurred in pension and OPEB plans due to the Mohave shutdown; no employee count disclosed. | |||||
| 2006-09-30 | restructuring | in_progress | 235 | 2006-06-19 | 2006-12-31 | California | Electric Utility (SCE) | USD 16 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction at Mohave Generating Station from over 300 to approx. 65 employees by end of 2006. Total termination costs recorded: $7M in Q2 and $9M in Q3 (SCE's share). | |
| 2006-06-30 | plant_closure | completed | 2006-04-01 | 2006-06-30 | United States (Arizona/California) | Electric utility — Mohave Generating Station | USD 7 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce cut from over 300 to about 224 after the plant ceased operations Dec 31, 2005; impacted employees notified April 2006, reduction completed June 30, 2006. Termination costs deferred in a balancing account authorized in the 2006 GRC decision. Filer does not state an explicit number of employees separated. | ||
| 2006-06-30 | layoff | announced | 2006-07-01 | 2006-12-31 | United States (Arizona/California) | Electric utility — Mohave Generating Station | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Co-owners decided in July 2006 to further reduce the Mohave workforce to 65 employees before end of 2006. Filer states termination costs and other cessation costs (excluding decommissioning) will range from zero to $14 million (SCE's share), recorded and deferred in the Mohave balancing account in late 2006; exact separation count not disclosed. | |||
| 2006-06-30 | restructuring | completed | 76 | 2006-04-01 | 2006-06-30 | Arizona | Electric Utility (SCE) - Mohave Generating Station | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduced from over 300 to approx. 224 employees. Impacted employees notified in April 2006; reduction completed by June 30, 2006. Termination costs of approx. $7 million (SCE's share) recorded in Q2. | |
| 2006-06-30 | restructuring | announced | 159 | 2006-07-01 | 2006-12-31 | Arizona | Electric Utility (SCE) - Mohave Generating Station | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Co-owners decided in July 2006 to further reduce workforce to 65 employees before end of 2006. Reduction of approx. 159 employees (224 current - 65 target). Costs uncertain and not yet recorded. | ||
| 2006-03-31 | other | completed | 2006-03-31 | California | Transmission and Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE severed employment of several supervisory personnel following investigation into customer satisfaction survey misconduct. | ||||
| 2005-12-31 | restructuring | completed | 2005-12-26 | 2005-12-26 | Irvine, California, United States | Edison Capital; management and administrative functions | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Internal reorganization: during 2005 EME streamlined reporting relationships, eliminated its regional management structure, and combined Irvine, California management teams with Edison Capital; all existing Edison Capital employees were transferred to EME under a services agreement effective December 26, 2005 (date fields reflect that effective date). Intercompany transfer with no consolidated headcount reduction disclosed; Edison Capital reported 41 full-time employees in 2005 selected operating data. | |||
| 2005-12-31 | plant_closure | completed | 2005-12-31 | 2005-12-31 | Clark County, Nevada, United States | SCE — Mohave Generating Station (coal-fired generation) | MD&A f5-10k / GLM-5.3-flash-HTML | SCE's 56%-owned, 885 MW (net) coal plant ceased operation December 31, 2005 as scheduled under a 1999 consent decree after agreements with the Navajo Nation and Hopi Tribe on post-2005 coal and water supply were not reached; shutdown is indefinite with a possible restart and no definite return-to-service date. No employee-impact figure is disclosed; date fields reflect the cessation date rather than a new announcement. | |||
| 2005-12-31 | plant_closure | completed | 2005-12-31 | 2005-12-31 | Clark County, Nevada (SCE service area) | SCE — Mohave Generating Station coal generation | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Shutdown driven by unresolved post-2005 coal and water supply agreements with the Navajo Nation and Hopi Tribe and the 1999 consent decree; no definite return-to-service date. Employees affected not disclosed. | |||
| 2005-12-31 | restructuring | completed | 2005-01-01 | 2005-12-31 | United States | EME — management and organization | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Streamlined reporting relationships and eliminated EME's regional management structure; combined Irvine management teams of EME and Edison Capital. Positions eliminated not disclosed. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-01-10 | 2005-01-10 | Philippines | EME — discontinued operations (CBK hydroelectric project) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Part of EME's 2004-early 2005 sale of international assets totaling 6,452 MW. Employees affected not disclosed. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-02-03 | 2005-02-03 | Thailand | EME — discontinued operations (Tri Energy project) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold to IPM consortium for approximately $20 million. Employees affected not disclosed. | |||
| 2005-09-30 | restructuring | in_progress | Edison Mission Energy (EME) | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Management and organizational changes to streamline reporting relationships and eliminate regional management structure. Charge recorded for severance and related costs in the nine months ended Sept 30, 2005. | |||||
| 2005-09-30 | other | completed | 24 | 2005-06-01 | Southern California Edison (SCE) | Notes to Consolidated Financial Statements f5-10q / Qwen3.6-27B-Q8_0 | Disciplinary action taken against twenty-four individuals in several SCE business areas in early June 2005 related to employee injury and illness reporting inaccuracies. | ||||
| 2005-09-30 | other | completed | Southern California Edison (SCE) | Notes to Consolidated Financial Statements f5-10q / Qwen3.6-27B-Q8_0 | Severing of employment of several supervisory personnel in the design organization of the transmission and distribution business unit due to deliberate alteration of customer contact information. | ||||||
| 2005-06-30 | restructuring | in_progress | United States | Nonutility power generation (EME) — domestic organization | USD 10 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | EME streamlined reporting relationships and eliminated its regional management structure; charges of $3M (Q2) and $10M (YTD) pre-tax for severance and related costs. Expected annualized pre-tax cost reduction of $7M, partly offset by higher development costs. No employee count disclosed. | ||||
| 2005-06-30 | restructuring | in_progress | 2005-06-30 | United States | Edison Mission Energy (EME) | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | EME recorded charges of approximately $3 million (pre-tax) in the quarter ended June 30, 2005, for severance and related costs as part of a review of its domestic organization to streamline reporting relationships and eliminate regional management structure. Employee count not disclosed. | |||
| 2005-06-30 | restructuring | in_progress | 2005-06-30 | United States | Edison Mission Energy (EME) | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | EME recorded charges of approximately $10 million (pre-tax) in the six months ended June 30, 2005, for severance and related costs. Employee count not disclosed. | |||
| 2005-06-30 | other | completed | 24 | 2005-06-01 | 2005-06-30 | California | Southern California Edison (SCE) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE took disciplinary action against twenty-four individuals in several SCE business areas in early June 2005 related to employee injury and illness reporting inaccuracies. | ||
| 2005-03-31 | restructuring | in_progress | 2005-06-30 | United States | Nonutility power generation (EME) — corporate and regional management | USD 7 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax severance charge recorded in Q1 2005 for domestic organization streamlining; an additional $4 million pre-tax charge expected in Q2 2005. No employee count disclosed. Expected annualized cost savings of $7 million pre-tax. | |||
| 2005-03-31 | restructuring | announced | 2005-06-30 | United States | Nonutility power generation (EME) — corporate and regional management | USD 4 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional pre-tax charge expected in Q2 2005 for restructuring steps completed after March 31, 2005. No employee count disclosed. | |||
| 2005-03-31 | other | completed | United States | Southern California Edison — transmission and distribution design organization | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE severed employment of several supervisory personnel following customer-satisfaction survey misconduct investigation; no count disclosed. Approximately 20 employees disciplined for misconduct were interviewed by CPUC's Consumer Protection and Safety Division. | |||||
| 2005-03-31 | restructuring | in_progress | 2005-03-31 | Edison Mission Energy (EME) | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | EME recorded a $7 million pre-tax charge for severance and related costs associated with organizational changes to streamline reporting relationships and eliminate regional management structure. An additional $4 million charge is expected in Q2 2005. | ||||
| 2005-03-31 | other | completed | 36 | 2004-06-25 | Southern California | Southern California Edison (SCE) - Transmission and Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE severed employment of several supervisory personnel and disciplined approximately 20 employees following investigation into customer satisfaction survey misconduct. 36 design organization personnel engaged in deliberate misconduct. | |||
| 2004-12-31 | plant_closure | completed | 2004-05-28 | 2004-12-31 | Morris, Illinois, United States | Midwest Generation, LLC (EME) — coal-fired generation (Collins Station) | USD 956 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Lease terminated April 27, 2004 via ~$960 million termination payment; Note 14 reports a pre-tax loss of ~$956 million (~$587 million after tax) covering lease termination, decommissioning and excess inventory, while MD&A passages cite $951–$961 million. All units permanently retired and decommissioned by Q4 2004, permits surrendered; headcount impact not separately quantified. A separate $5 million pre-tax impairment in September 2004 arose from terminating the power purchase agreement for the two units still under contract. | ||
| 2004-12-31 | reduction_in_force | completed | Illinois, United States | EME / Midwest Generation — Illinois plants | USD 4 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | $4 million pre-tax exit-cost charge recorded in other operation and maintenance expense for reducing the workforce in Illinois during Q4 2004; number of employees affected not disclosed. Contextually associated with the Collins Station decommissioning. | ||||
| 2004-12-31 | plant_closure | announced | 2004-09-30 | Illinois, United States | EME / Midwest Generation — small peaking units | USD 29 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | After a September 2004 competitiveness analysis in the expanded PJM market, planning began to decommission six of eight small peaking units; $29 million pre-tax asset impairment (~$18 million after tax) recorded in Q3 2004. Workforce impact not quantified. | |||
| 2004-12-31 | divestiture_reduction | completed | International — New Zealand, Australia, Europe, Asia, Puerto Rico, Philippines, Thailand, Turkey | MEHC / EME — international power generation portfolio | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sales under EME's restructuring plan announced in Q4 2003: Contact Energy (completed September 30, 2004), MEC International B.V. with ten projects (completed December 16, 2004), CBK (completed January 10, 2005) and Tri Energy (completed February 3, 2005). No transferred-employee counts disclosed. MEHC full-time employees declined from 2,610 at year-end 2003 to 1,768 at year-end 2004 per the Selected Financial and Operating Data table, coinciding with these divestitures. | |||||
| 2004-12-31 | acquisition_addition | completed | 2004-03-12 | Redlands, California, United States | SCE — generation (Mountainview project) | USD 285 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | SCE acquired Mountainview Power Company LLC, owner of a power plant under construction (~$600 million project, expected completion early 2006); $285 million of acquisition costs disclosed. Headcount added through the acquisition was not disclosed. | |||
| 2004-12-31 | plant_closure | completed | 2004-05-28 | 2004-12-31 | Illinois, United States | Nonutility power generation — Midwest Generation (EME) | USD 961 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Collins Station lease terminated April 27, 2004; plant permanently ceased operations, was decommissioned and all units retired by Q4 2004. Charge is lease termination loss and asset impairment, not severance; no employee count disclosed. | ||
| 2004-12-31 | restructuring | completed | 2004-12-31 | Illinois, United States | Nonutility power generation — Midwest Generation (EME) | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit costs recorded in Q4 2004 for reducing the workforce in Illinois; number of employees affected not disclosed. Related $5 million pre-tax charge recorded September 2004 on termination of the Collins Station power purchase agreement. | |||
| 2004-12-31 | divestiture_reduction | completed | 2005-02-03 | International (Europe, Asia, Australia, New Zealand, Philippines, Puerto Rico) | Nonutility power generation — Edison Mission Energy (EME) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all EME international assets (6,452 MW): Contact Energy completed 2004-09-30, MEC International B.V. (ten projects) completed 2004-12-16, CBK completed 2005-01-10, Tri Energy completed 2005-02-03. Headcount removed through these dispositions is not disclosed. | ||||
| 2004-12-31 | other | completed | California, United States | Electric utility — Southern California Edison Company (SCE) | USD 29 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | SCE terminated and disciplined certain employees after finding falsified customer-safety data used for CPUC performance incentives; number terminated not disclosed. $29 million pre-tax charge accrued in 2004 for anticipated refund of previously received incentive rewards. | ||||
| 2004-09-30 | restructuring | announced | 2004-10 | Illinois, United States | Nonutility power generation (EME / Midwest Generation) | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | EME finalized plans in October 2004 to reduce the Illinois workforce; pre-tax exit-cost charge expected in Q4 2004. Headcount not disclosed. | |||
| 2004-09-30 | plant_closure | in_progress | 2004-04-27 | 2004-12-31 | Illinois, United States | Nonutility power generation (Midwest Generation — Collins Station) | USD 956 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collins Station lease terminated April 27, 2004; plant to permanently cease operations and be decommissioned by December 31, 2004. Employee count not disclosed. | ||
| 2004-09-30 | plant_closure | in_progress | 2004-09 | Illinois, United States | Nonutility power generation (Midwest Generation — six of eight small peaking units) | USD 29 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision in September 2004 to decommission six of eight Illinois peaking units, subject to regulatory approval; pre-tax impairment charge recorded. Employee count not disclosed. | |||
| 2004-09-30 | restructuring | completed | 2004-04-27 | 2004-12-31 | Illinois | Nonutility Power Generation | USD 956 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Termination of Collins Station lease and planned decommissioning. Pre-tax loss of approx $956M recorded in Q2 2004. Operations ceased by Dec 31, 2004. | ||
| 2004-09-30 | restructuring | completed | 2004-09-30 | 2004-09-30 | Illinois | Nonutility Power Generation | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment charge related to termination of power purchase agreement for Collins Station units. | ||
| 2004-09-30 | restructuring | completed | 2004-09-30 | 2004-09-30 | Illinois | Nonutility Power Generation | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment charge for six of eight small peaking units in Illinois due to decommissioning decision. | ||
| 2004-09-30 | restructuring | announced | 2004-10-01 | 2004-12-31 | Illinois | Nonutility Power Generation | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction in Illinois finalized in Oct 2004. Expected to recognize $4M pre-tax charge for exit costs in Q4 2004. | ||
| 2004-06-30 | plant_closure | in_progress | 2004-04-27 | 2004-12-31 | United States (Illinois) | Nonutility power generation (Midwest Generation) | USD 954 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collins Station lease terminated; plant to cease operations and be decommissioned by year-end 2004. Filer states exit costs for expected personnel reductions were not accrued because amounts were not determinable at June 30, 2004; no employee count disclosed. Charge is pre-tax loss on lease termination (~$586 million after tax). | ||
| 2004-06-30 | reduction_in_force | completed | 2004-06-25 | United States (California) | Electric utility (SCE) — transmission and distribution supervisory personnel | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Disciplinary terminations following an internal investigation into manipulated customer-satisfaction survey data; filer says several supervisory personnel were severed but gives no count. Related proposed refunds of up to $14 million in performance-based ratemaking rewards are not workforce charges. | ||||
| 2004-06-30 | restructuring | in_progress | 2004-04-27 | 2004-12-31 | Illinois | Nonutility Power Generation | USD 954 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Termination of Collins Station lease and planned decommissioning. Pre-tax loss of $954 million recorded. Operations to cease by Dec 31, 2004. Exit costs for personnel reduction not determinable at June 30, 2004. | ||
| 2004-06-30 | other | completed | 36 | 2004-06-25 | 2004-06-25 | California | Electric Utility (SCE) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance of several supervisory personnel following investigation into deliberate alteration of customer satisfaction survey data. | ||
| 2004-03-31 | restructuring | in_progress | 2004-03-31 | California | Transmission and Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE severed employment of several supervisory personnel in service planning group following investigation into data alteration. | ||||
| 2002-12-31 | restructuring | completed | Illinois, United States | EME — Midwest Generation (Illinois plants) | MD&A f5-10k / GLM-5.3-flash-HTML | Temporary suspension of operations at four coal/gas units (Will County 1-2, Collins 4-5) at end of 2002 / January 2003 to cut operating costs; units maintained for possible return to service and no employee counts disclosed. | |||||
| 2002-12-31 | other | in_progress | Edison O&M Services (nonutility O&M services business) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Decision made during 2002 to wind down the business, which was described as not material; no employee counts or charges disclosed. | ||||||
| 2002-12-31 | restructuring | in_progress | 2002-12-31 | United States | Edison O&M Services (operations and maintenance services) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | During 2002 Edison International decided to wind down the business; no headcount, charge, or completion date disclosed. Announcement date shown as fiscal year-end because only the year of decision is given. | ||||
| 2002-12-31 | plant_closure | announced | 2002-12-31 | 2003-01-01 | United States — Illinois | Edison Mission Energy — Midwest Generation (Will County Units 1 and 2; Collins Station Units 4 and 5) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Suspension of operations beginning January 2003 to reduce operating costs, driven by low wholesale prices; described as a suspension pending market improvement, not a permanent closure. No headcount impact quantified. | |||
| 2002-12-31 | divestiture_reduction | completed | 2002-03-31 | 2002-03-31 | United States | Edison Mission Energy — equity-method energy projects (Commonwealth Atlantic, James River, Harbor) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sales of 50% interests in Commonwealth Atlantic and James River and 30% interest in Harbor completed in Q1 2002 for $44 million proceeds; no gain or loss recorded. No headcount disclosed; equity-method stakes, so limited direct employee impact expected. | |||
| 2002-12-31 | other | completed | 2002-12-20 | 2002-12-20 | United Kingdom | Edison Mission Energy — Lakeland project (Lakeland Power Ltd.) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project lenders appointed an administrative receiver on 2002-12-20, resulting in loss of control and deconsolidation; $92 million pre-tax ($77 million after-tax) impairment. No employee counts disclosed. | |||
| 2002-09-30 | other | completed | 2002-10-31 | United States (Illinois) | Nonutility power generation (EME) — union-represented employees at Illinois plants | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | EME reached agreement with union-represented employees on a new retirement health care and other benefits plan (Jan 2003–Jun 2005) under which postretirement benefits will not be provided; EME will record a pre-tax gain of approximately $71 million in Q4 2002. No employee count disclosed. | ||||
| 2002-09-30 | other | announced | 2002-10-25 | United States (Illinois) | Nonutility power generation (EME) — turbine purchase contract termination | USD 61 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | EME terminated equipment purchase contracts for nine turbines effective October 25, 2002, recording a $61 million pre-tax write-off of capitalized costs and reducing projected capex by $53 million. No employee count disclosed; action relates to capital commitments rather than headcount. | |||
| 2002-09-30 | plant_closure | announced | 2002-09-30 | 2002-12-31 | United States (Illinois) | Nonutility power generation (EME) — Will County Units 1&2 and Collins Station Units 4&5 | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | EME announced suspension of operations at Will County Units 1 and 2 and Collins Station Units 4 and 5 beginning January 2003 to reduce operating costs. No employee count disclosed; EME notes possible future decommissioning charge if conditions persist. | |||
| 2002-09-30 | restructuring | completed | 2002-09-30 | 2002-09-30 | Illinois | Edison Mission Energy (EME) | USD 25 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Write-off of capitalized costs associated with suspension of a capital environmental improvements project at EME's Illinois plants. | ||
| 2002-09-30 | restructuring | completed | 2002-09-30 | 2002-09-30 | Pennsylvania | Edison Mission Energy (EME) | USD 61 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Write-off of capitalized costs associated with terminating agreements to purchase turbines from Siemens Westinghouse for Homer City plant. | ||
| 2002-09-30 | other | completed | 2002-10-01 | 2002-10-01 | Illinois | Edison Mission Energy (EME) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | EME reached an agreement with union-represented employees on a new retirement health care and other benefits plan, treating the prior plan as terminated. This resulted in a pre-tax gain of approximately $71 million recorded in Q4 2002. | |||
| 2002-06-30 | restructuring | announced | 2002-03-31 | United States | EME (Edison Mission Energy) — corporate and enterprise-wide | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | EME initiated a company-wide review of its organization, related costs, and overhead reductions; no employee count or charge disclosed. | ||||
| 2002-06-30 | plant_closure | announced | 2002-06-30 | 2003-01-01 | United States — Illinois | EME — Will County plant, Units 1 and 2 | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Operations suspension announced for January 2003 pending improved market conditions; possible future decommissioning could trigger an income charge. No headcount disclosed. | |||
| 2001-12-31 | divestiture_reduction | completed | 2001-06-30 | 2001-10-18 | United States | Edison Enterprises (retail products and services) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Edison Enterprises sold Edison Utility Services (Jan 2001), Edison Select to ADT Security (Aug 2001), and substantially all assets of Edison Source to management (Oct 2001). No employee counts disclosed for any of the three dispositions. | |||
| 2001-12-31 | divestiture_reduction | completed | 2001-12-21 | 2001-12-21 | United Kingdom | Edison Mission Energy — Ferrybridge and Fiddler's Ferry coal stations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the two UK coal stations to American Electric Power subsidiaries completed 2001-12-21 for GBP 643 million. No employee counts disclosed. | |||
| 2001-12-31 | divestiture_reduction | completed | 2001-12-31 | 2001-12-31 | United States | Edison Mission Energy — non-strategic energy project interests | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | EME agreed to sell five projects during 2001 to reduce debt; three sales (Commonwealth Atlantic, James River, Harbor) closed after year-end. No employee counts disclosed for any disposition. | |||
| 2001-09-30 | other | in_progress | 2001-01-01 | California | Southern California Edison Company | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE implemented cost-cutting measures including freezing new hiring. | ||||
| 2001-06-30 | divestiture_reduction | announced | 2001-06-07 | 2001-12-31 | United States | Edison Enterprises — integrated energy outsourcing | USD 117 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | After-tax charge to reduce carrying value of assets held for sale; no employee count disclosed. | ||
| 2001-06-30 | divestiture_reduction | completed | 2001-06-27 | 2001-08-02 | United States | Edison Enterprises — residential security services | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock Purchase Agreement dated 2001-06-27; sale to ADT Security Services closed 2001-08-02. No employee count disclosed. | |||
| 2001-03-31 | layoff | in_progress | United States (Southern California) | Southern California Edison Company (SCE) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE cost-cutting measures, including freezing new hires and ceasing charitable contributions, were expected to impact about 1,450 to 1,850 jobs and affect service levels. | |||||
| 2001-03-31 | layoff | announced | 2001-03-15 | United States (Southern California) | Southern California Edison Company (SCE) — service and reliability employees | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | CPUC issued an order rescinding SCE's layoffs of employees involved with service and reliability; SCE ordered to restore specified service levels and report on cost-cutting measures. | ||||
| 2001-03-31 | restructuring | in_progress | 2001-03-15 | California | Service and reliability | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE implemented cost-cutting measures expected to impact 1,450 to 1,850 jobs. On March 15, 2001, the CPUC issued an order rescinding layoffs of employees involved with service and reliability and ordering restoration of specified service levels. The amount of cost savings affected by the order is not material. | ||||
| 2000-12-31 | restructuring | in_progress | California | Southern California Edison Company | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Range of 1,450–1,850 jobs; no single count disclosed. Included freezing new hires, postponing capital expenditures, ceasing charitable contributions. On 2001-03-15 CPUC rescinded layoffs of service/reliability employees. No severance charge quantified. | |||||
| 2000-12-31 | restructuring | completed | 2001-01-01 | California | Southern California Edison Company | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | SCE implemented cost-cutting measures including freezing new hires and ceasing new charitable contributions. Actions expected to impact 1,450 to 1,850 jobs. CPUC later rescinded layoffs of employees involved with service and reliability. | ||||
| 2000-12-31 | restructuring | completed | 2001-01-01 | California | Southern California Edison Company | MD&A f5-10k / Qwen3.6-27B-Q8_0 | SCE began immediate cost-cutting measures aimed at reducing general operating costs, expected to impact about 1,450 to 1,850 jobs. CPUC later rescinded layoffs of employees involved with service and reliability. | ||||
| 2000-09-30 | other | in_progress | United States | Southern California Edison (electric utility) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE froze new hires as a cost-control measure amid liquidity pressure from transition revenue account undercollections; no employee count or duration disclosed. | |||||
| 1999-12-31 | restructuring | completed | 1999 | Edison Enterprises | MD&A f5-10k / GLM-5.3-flash-HTML | Actions taken during 1999 to close five Edison Enterprises businesses and refocus the ongoing businesses. The charge is quantified only as a one-time adjustment of 6 cents per share; employees affected and a dollar charge amount are not disclosed. | |||||
| 1999-12-31 | acquisition_addition | completed | 1999-03 | United States (Pennsylvania) | Edison Mission Energy (EME) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | EME completed the acquisition of the 1,884-MW Homer City Generating Station for approximately $1.8 billion in March 1999 and operates the plant. The date shown is the disclosed completion month; employees added were not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-05 | New Zealand | Edison Mission Energy (EME) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | EME completed the acquisition of a 40% interest in Contact Energy Ltd. from the New Zealand government for approximately $635 million in May 1999. The date shown is the disclosed completion month; employees added were not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-07 | United Kingdom | Edison Mission Energy (EME) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | EME completed the acquisition of the Ferrybridge and Fiddler's Ferry coal-fired plants (3,886 MW combined) for approximately $2.0 billion in July 1999. The date shown is the disclosed completion month; employees added were not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-10 | United Kingdom (England) | Edison Mission Energy (EME) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | EME acquired the remaining 20% of the 220-MW Roosecote gas-fired project for approximately $16 million in October 1999, having previously held an 80% interest. The date shown is the disclosed completion month; headcount impact was not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-12 | United States (Illinois) | Edison Mission Energy (EME) — Midwest Generation LLC | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | EME, through Midwest Generation LLC, completed the acquisition of Commonwealth Edison's fossil-fueled plants (9,510 MW including the leased Collins Station) in a $4.9 billion transaction in December 1999. The date shown is the disclosed completion month; employees added were not disclosed. | ||||
| 1999-12-31 | restructuring | completed | United States | Edison Enterprises | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Five businesses closed; one-time charge of 6¢ per share. No employee count or specific dates disclosed. | |||||
| 1999-12-31 | acquisition_addition | completed | 1999-03-01 | 1999-03-31 | United States | Edison Mission Energy | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 1,884-MW Homer City plant for ~$1.8B. No headcount added disclosed. | |||
| 1999-12-31 | acquisition_addition | completed | 1999-05-01 | 1999-05-31 | New Zealand | Edison Mission Energy | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 40% of Contact Energy for ~$635M. No headcount added disclosed. | |||
| 1999-12-31 | acquisition_addition | completed | 1999-07-01 | 1999-07-31 | United Kingdom | Edison Mission Energy | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of two UK coal plants (3,886 MW combined) for ~$2.0B. No headcount added disclosed. | |||
| 1999-12-31 | acquisition_addition | completed | 1999-12-15 | 1999-12-31 | United States | Edison Mission Energy | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | $4.9B transaction for 9,510 MW of generating capacity. No headcount added disclosed. | |||
| 1998-06-30 | restructuring | in_progress | 2006-12-31 | California | Southern California Edison Company | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Statute mandates recovery of employee-related transition costs for retraining, severance, early retirement, and outplacement through 2006. | ||||
| 1997-12-31 | divestiture_reduction | announced | Central and Southern California | SCE oil- and gas-fueled fossil generation plants | Item_1_Business f5-10k / GLM-5.3-flash-HTML | SCE agreed to sell 11 of 12 fossil plants for $1.1 billion, with ownership transfer expected by March 31, 1998 (after fiscal year-end). SCE will operate divested plants for at least two years post-sale and will offer workforce transition programs to employees impacted by divestiture-related job reductions. No headcount affected is disclosed. Restructuring legislation provides rate recovery through 2006 of employee-related transition costs (retraining, severance, early retirement, outplacement). | |||||
| 1997-12-31 | acquisition_addition | completed | 1997 | Edison Capital — affordable housing management | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Edison Capital acquired the John Stewart Company, a diversified management company specializing in affordable housing. Headcount added through the acquisition is not disclosed. | |||||
| 1997-12-31 | divestiture_reduction | in_progress | 1996-11-01 | 1998-03-31 | California | SCE — Generation (oil- and gas-fueled plants) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | SCE agreed to sell 11 of 12 oil/gas generating plants; workforce transition programs offered to impacted employees. No specific employee count disclosed. | |||
| 1997-12-31 | restructuring | completed | 1996-09-01 | California | Southern California Edison Company | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Filing mentions 'workforce transition programs' offered to employees impacted by divestiture-related job reductions following the sale of gas-fueled generating plants. Specific headcount or charges not disclosed. | ||||
| 1997-12-31 | voluntary_separation | completed | 1997-01-01 | 1997-12-31 | California | Southern California Edison Company | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Legislation mandated recovery of reasonable employee-related transition costs for retraining, severance, early retirement, and outplacement. SCE offered workforce transition programs for employees impacted by divestiture-related job reductions. | |||
| 1997-06-30 | other | completed | 1996-09-30 | 1997-09-30 | California | Human Resources | USD 8 (millions) | Legal Proceedings f5-10q / Qwen3.6-27B-Q8_0 | Settlement of racial discrimination lawsuit; $8.15 million fund for back pay claims established. | ||
| 1997-06-30 | other | in_progress | 1997-06-30 | California | General | Legal Proceedings f5-10q / Qwen3.6-27B-Q8_0 | Consent Decree approved; seven-year term with possibility of early termination after five years. | ||||
| 1997-03-31 | voluntary_separation | completed | California | Southern California Edison Company | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Lower payroll taxes related to workforce reductions after SCE's voluntary retirement programs in 1996. | |||||
| 1997-03-31 | voluntary_separation | in_progress | 2006-12-31 | California | Southern California Edison Company | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Legislation contains provisions for recovery of reasonable employee-related transition costs incurred and projected for retraining, severance, early retirement, outplacement and related expenses through 2006. | ||||
| 1996-12-31 | voluntary_separation | completed | 3,000 | 1996 | Edison International company-wide (primarily SCE) | USD 7 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Voluntary retirement program offered during 1996 to eligible employees; approximately 2,200 non-represented and 800 represented employees accepted. Net expense of $7 million is after allowance for pension settlement effects (Note 6 discloses a $121 million SCE pension settlement gain in 1996). | |||
| 1996-12-31 | divestiture_reduction | announced | 1996-11-27 | SCE — all oil- and gas-fueled generation assets (12 plants) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | SCE filed a CPUC application on November 27, 1996 to divest by auction all oil- and gas-fueled generation assets; also announced via Form 8-K dated December 5, 1996. SCE would offer workforce transition programs to employees impacted by divestiture-related job reductions; headcount impact not quantified. CPUC approval requested for late 1997 and proposal contingent on restructuring proceeding satisfactorily. | |||||
| 1996-12-31 | acquisition_addition | completed | 1996 | United States (Boston, Massachusetts-based target) | Edison Capital — affordable housing business | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Edison Capital acquired East Coast Capital, a privately held low-income housing tax credit syndicator, during 1996; headcount added through the acquisition not disclosed. | ||||
| 1996-12-31 | voluntary_separation | completed | 3,000 | 1996-01-01 | 1996-12-31 | United States | Edison International and subsidiaries | USD 7 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary retirement program; 2,200 non-represented and 800 represented employees accepted. Net expense of $7 million after pension settlement gains. Announcement date approximate (during 1996). | |
| 1996-12-31 | voluntary_separation | completed | 3,000 | 1996-01-01 | 1996-12-31 | United States | Edison International and Subsidiaries | USD 7 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Voluntary retirement program offered to eligible employees. Approximately 3,000 employees accepted (2,200 non-represented and 800 represented). Net expense was $7 million after pension settlement gains. | |
| 1996-12-31 | voluntary_separation | completed | 3,000 | 1996-01-01 | 1996-12-31 | United States | Edison International and Subsidiaries | USD 7 (millions) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Voluntary retirement program accepted by approximately 3,000 employees (2,200 non-represented and 800 represented). Net expense was $7 million after allowance for pension settlement gains. | |
| 1996-12-31 | voluntary_separation | completed | 3,000 | United States | Edison International (2,200 non-represented and 800 represented employees accepted) | USD 7 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program offered during 1996; net expense of $7 million after allowance for pension settlement gains at SCE. MD&A also cites a 4-cent-per-share 1996 special charge at SCE for workforce management costs and reserves without headcount detail; not extracted separately to avoid double-counting. No announcement or completion dates stated. | |||
| 1996-09-30 | voluntary_separation | in_progress | 3,400 | 1996-08-01 | 1996-12-31 | United States (Southern California) | Southern California Edison Company (SCE) | USD 26 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | SCE voluntary retirement program; 2,400 non-represented and 1,000 represented employees. Represented employees voted to accept in August 1996; elections irrevocable 1996-09-30. $26M total expensed in 1996, including $12M additional accrual in Q3 for represented employees. | |
| 1996-09-30 | restructuring | completed | 1996-07-01 | 1996-09-30 | United States (Southern California) | Southern California Edison Company (SCE) | USD -40 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reversal of $40M pre-tax charge accrued in Q2 1996 for outsourcing certain operations; SCE decided not to outsource in Q3. Partially offset by $12M additional voluntary retirement accrual. | ||
| 1996-09-30 | voluntary_separation | in_progress | 3,400 | 1996-08-01 | 1996-12-31 | California | Southern California Edison Company (SCE) | USD 26 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE expects to reduce workforce by approx. 3,400 employees (2,400 non-represented, 1,000 represented) by year-end 1996 via voluntary retirement program. Total expensed amount in 1996 is $26 million. Elections became irrevocable on Sept 30, 1996. | |
| 1996-06-30 | restructuring | in_progress | 3,100 | 1996-04-01 | 1996-12-31 | United States (Southern California) | Southern California Edison — nonrepresented workforce | USD 54 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | One-time charge recorded in Q2 1996 for workforce management costs; includes voluntary retirement offer and outsourcing of certain operations. | |
| 1996-06-30 | voluntary_separation | announced | 1996-06-30 | 1996-12-31 | United States (Southern California) | Southern California Edison — represented workforce | USD 16 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tentative agreement subject to ratification for voluntary retirement program for represented employees; could increase total charge to approximately $70 million by year-end 1996. Incremental charge of ~$16M implied by difference from $54M base charge. | ||
| 1996-06-30 | restructuring | in_progress | 3,100 | 1996-06-30 | 1996-12-31 | California | Nonrepresented workforce | USD 54 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE recorded a one-time charge of $54 million for workforce management costs related to reducing nonrepresented workforce by approx. 3,100 employees via voluntary retirement and outsourcing. | |
| 1996-06-30 | voluntary_separation | announced | 1996-06-30 | 1996-12-31 | California | Represented workforce | USD 16 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Tentative agreement on voluntary retirement program for represented employees; total charge could increase to approx. $70 million (implying additional $16 million) depending on acceptance. | ||
| 1996-03-31 | voluntary_separation | announced | 1996-03-31 | United States | Southern California Edison Company (SCE) — non-union employees | USD 65 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced March 1996; pre-tax charge to be taken in Q2 1996. SCE expects to offset costs through lower expenses within a year. A similar program for represented employees could raise total charge to ~$100M pre-tax by year-end. Number of employees accepting the offer not yet disclosed. | |||
| 1996-03-31 | voluntary_separation | announced | 1996-03-31 | California | Southern California Edison Company (SCE) | USD 65 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | SCE announced a one-time charge of approx $65 million (pre-tax) in Q2 1996 for a voluntary retirement offer for non-union employees. Total charge may increase to $100 million if a similar program for represented employees is negotiated. Actual headcount depends on acceptance. | |||
| 1995-12-31 | reduction_in_force | completed | 567 | California, United States | Southern California Edison Company (electric utility) | USD 25 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | SCE severed 567 employees during 1995, representing about $42 million of total annualized labor costs. Severance charges of $25 million were recorded in 1995 ($30 million in 1994) and comprise cash payments for services plus a non-cash benefit component. SCE anticipates continued workforce reductions as it positions for a more competitive operating environment, with savings expected to reduce other operating expenses in 1996. | |||
| 1995-12-31 | voluntary_separation | announced | 1996-03-22 | California, United States | Southern California Edison Company — full-time, non-union employees | USD 65 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Voluntary early retirement program for full-time, non-union SCE employees announced March 22, 1996, after fiscal year-end; disclosed in Item 1 (Business of SCE). Approximately $65 million pretax charge to be recorded against second quarter 1996 earnings, with program costs expected to be offset by savings within a year. SCE also anticipates negotiating a program for represented employees with its four labor unions later in 1996. | |||
| 1995-12-31 | reduction_in_force | completed | 567 | Southern California | Southern California Edison Company (SCE) | USD 25 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | SCE severed 567 employees in 1995; annualized labor cost savings of about $42 million. Severance charges of $25 million recorded in 1995. | |||
| 1995-12-31 | voluntary_separation | announced | 1996-03-22 | Southern California | Southern California Edison Company (SCE) — full-time non-union employees | USD 65 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary early retirement program announced after fiscal year-end; pretax charge to be recorded against Q2 1996 earnings. Number of participants not disclosed. | |||
| 1995-12-31 | voluntary_separation | completed | 567 | 1995-01-01 | 1995-12-31 | California | Southern California Edison Company | USD 25 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | SCE severed 567 employees in 1995 representing annualized labor costs of about $42 million. Severance charges recorded were $25 million. Program designed to meet workforce needs while maintaining commitments to customer service. | |
| 1995-12-31 | voluntary_separation | announced | 1996-03-22 | California | Southern California Edison Company | USD 65 (millions) | subsequent_events f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | On March 22, 1996, SCE announced a voluntary early retirement program for full-time, non-union employees. SCE will record a charge of approximately $65 million (pretax) against second quarter 1996 earnings. This is a subsequent event relative to the 1995 fiscal year-end. | |||
| 1995-12-31 | voluntary_separation | announced | 1996-03-22 | California | Southern California Edison Company (SCE) | USD 65 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Voluntary early retirement program for full-time, non-union employees announced March 22, 1996. Pretax charge of $65 million recorded against second quarter earnings. Negotiations with four labor unions for represented employees expected later in 1996. | |||
| 1995-12-31 | restructuring | completed | 567 | 1995-01-01 | 1995-12-31 | California | Southern California Edison Company (SCE) | USD 25 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | SCE severed 567 employees in 1995 representing total annualized labor costs of about $42 million. Severance charge of $25 million recorded in 1995. | |
| 1995-09-30 | restructuring | in_progress | United States | Southern California Edison Company | USD 12 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance charges of $12 million recorded in other operating expenses for the nine months ended September 30, 1995; no employee count disclosed. Filer anticipates continued workforce reductions but states no company-wide reduction plan meeting restructuring-reporting criteria exists. | ||||
| 1995-09-30 | restructuring | in_progress | California | Edison | USD 12 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance charges incurred for nine-month period; workforce reductions anticipated to continue but not classified as financial reporting restructuring. |