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EDISON INTERNATIONAL Annual Report 2016

Jun 27, 2016

30271_rns_2016-06-28_79cee9de-2796-40e3-a8d1-e3e74060a57d.zip

Annual Report

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11-K 1 eixform11-k2015.htm 11-K html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd" Document created using Wdesk 1 Copyright 2016 Workiva Document

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549


FORM 11-K

FOR ANNUAL REPORTS OF EMPLOYEE STOCK

PURCHASE, SAVINGS AND SIMILAR PLANS

PURSUANT TO SECTION 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

(Mark One):

x ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2015

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __ to __

Commission File Number 1-9936

EDISON 401(K) SAVINGS PLAN

(Full Title of the Plan)

EDISON INTERNATIONAL

(Name of Issuer)

2244 Walnut Grove Avenue (P.O. Box 976), Rosemead, California 91770

(Address of principal executive office)

Edison 401(k) Savings Plan


Financial Statements and Supplemental Schedule

As of December 31, 2015 and 2014 and for the Year Ended December 31, 2015

2

TABLE OF CONTENTS

Report of Independent Registered Public Accounting Firm 4
Financial Statements
Statements of Net Assets Available for Plan Benefits as of December 31, 2015 and 2014 6
Statement of Changes in Net Assets Available for Plan Benefits for the year ended December 31, 2015 7
Notes to Financial Statements 8
Supplemental Schedule
Form 5500, Schedule H, Line 4i-Schedule of Assets (Held at End of Year) 17
Signature 41
Consent of Independent Registered Public Accounting Firm Exhibit 23

Note: All schedules other than that listed above have been omitted since the information is either disclosed elsewhere in the financial statements or not required by 29 CFR 2520.103-10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended.

3

Report of Independent Registered Public Accounting Firm

Southern California Edison Company Benefits Committee

Edison 401(k) Savings Plan

Rosemead, California

We have audited the accompanying statements of net assets available for benefits of the Edison 401(k) Savings Plan (the “Plan”) as of December 31, 2015 and 2014, and the related statement of changes in net assets available for benefits for the year ended December 31, 2015. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2015 and 2014, and the changes in net assets available for benefits for the year ended December 31, 2015, in conformity with accounting principles generally accepted in the United States of America.

The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2015 has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental schedule reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental schedule is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ BDO USA, LLP

Costa Mesa, California

June 27, 2016

4

Financial Statements


5

Statements of Net Assets Available for Plan Benefits Edison 401(k) Savings Plan

(in thousands) December 31, — 2015 2014
Assets
Investments, at fair value $ 3,799,114 $ 4,076,668
Receivables
Notes receivable from participant 87,024 81,878
Dividends receivable 5,029 4,610
Receivable from brokers and other 1,461 285
Total receivables 93,514 86,773
Total assets 3,892,628 4,163,441
Liabilities
Payable to brokers and others 35,735 10,376
Total liabilities 35,735 10,376
Net assets available for plan benefits $ 3,856,893 $ 4,153,065

See accompanying notes to financial statements.

6

Statement of Changes in Net Assets Available for Plan Benefits Edison 401(k) Savings Plan

(in thousands) For year ended December 31, 2015
Additions
Investment income (loss)
Dividends $ 29,074
Interest income and other 7,341
Net depreciation in fair value of investments (111,995 )
Total investment loss (75,580 )
Management fees (6,447 )
Net investment loss (82,027 )
Interest income on notes receivables from participants 3,775
Contributions
Employer contributions, net of forfeitures 72,608
Participant and rollover contributions 138,730
Total net contributions 211,338
Total additions 133,086
Deductions
Distributions to participants 429,258
Total deductions 429,258
Net decrease (296,172 )
Net assets available for plan benefits
Beginning of year 4,153,065
End of year $ 3,856,893

See accompanying notes to financial statements.

7

NOTES TO FINANCIAL STATEMENTS

1. Plan Description

The following description of the Edison 401(k) Savings Plan (the “Plan”) provides only general information. The Plan sponsor is the Southern California Edison Company (the “Plan Sponsor”). Participants should refer to the summary plan description and Plan document, as amended, for a more complete description of the Plan's provisions.

Nature of Plan

Eligibility

The Plan is a defined-contribution plan with a 401(k) feature, in which qualifying full-time and part-time employees of Edison International (the “Company”) and many of its subsidiary companies are eligible to participate. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended. An employee, as defined by the Plan document, is eligible to participate in the Plan immediately upon employment.

Sale of Edison Mission Energy

On April 1, 2014, the sale of substantially all of Edison Mission Energy's ("EME") assets were sold to NRG Energy, Inc. As a result of this sale, EME employees were no longer eligible for certain benefits, resulting in a significant increase in distributions in 2014. In addition, on January 27, 2014, the Plan was amended such that any unvested balance in the Plan for EME's employees as of March 11, 2014 were fully vested on the date that they ceased to be an employee.

Contributions

Subject to statutory limits, all participants may defer pre-tax and after-tax dollars up to 84% of eligible pay. Participating employers provide matching contributions up to 6% of a participant's eligible pay. The Company allows employees who have attained age fifty before the close of a Plan year to make catch up contributions subject to Internal Revenue Service (“IRS”) limitations. The Plan also accepts rollover contributions from other qualified plans. During 2015, the Company announced that employees hired on or after December 31, 2017 will receive fixed profit sharing contributions in addition to the matching contributions mentioned above.

Vesting

Participants immediately vest in their contributions plus actual earnings thereon. Employer contributions plus actual earnings thereon vest at a rate of 20% per year. After five years of service or reaching age 65, all existing and future employer contributions and their related earnings are fully vested.

Forfeitures

At December 31, 2015, and 2014, the unused portion of forfeited non-vested accounts totaled $ 17,000 and $ 43,000 , respectively. These accounts are used to reduce future employer contributions. During 2015, employer contributions were reduced by $ 1,058,000 from forfeited non-vested accounts.

Plan Trust

Plan assets are held in a trust with State Street Bank and Trust Company (the “Trustee”) for the benefit of participants and their beneficiaries. The mutual covenants to which the Plan Sponsor and the Trustee agree are disclosed in the trust agreement between the Plan Sponsor and the Trustee.

Plan Administration

The Plan is administered by the Southern California Edison Company Benefits Committee (the “Plan Administrator”) and Xerox HR Solutions, LLC is the Plan's record keeper. The Plan provides to participants a detailed description of each investment fund choice and lists the respective investment manager.

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Administrative and Investment Expenses

The Plan Sponsor pays the cost of administering the Plan, including fees and expenses of the Trustee and record keeper. The fees, taxes and other expenses incurred by the Trustee or investment managers in making investments are paid out of the applicable investment funds. These expenses also include brokerage fees for sales or purchases of Edison International Common Stock on the open market. No additional costs are incurred in connection with sales of Edison International Common Stock within the trust or the transfer of assets between funds.

Mutual funds pay fees to the Plan record keeper for administrative services to participants that would otherwise have to be provided by the mutual funds. The majority of fees received by the Plan record keeper are used to reduce the record keeping and communication expenses of the Plan paid by the Plan Sponsor. See Note 7 for a discussion of related party transactions.

Participant Accounts

Each participant account is adjusted for certain activities, including participant's contribution, the employer's contribution, distributions, loan activities, if applicable, and allocation of investment earnings/losses. Allocation of earnings/losses and expenses is based on account balances. The benefit to which a participant is entitled is the benefit that can be provided from the vested portion of the participant's account.

Notes Receivable from Participants

Participants may borrow from the vested portion of their account, a minimum of $ 1,000 to a maximum of $ 50,000 , with certain restrictions. Loan transactions are treated as transfers from (to) the investment fund to (from) participant loans. Loan terms range from one to four years for general purpose loans or up to 15 years for the purchase of a primary residence. Loans bear interest at the prime rate in effect at time of loan issuance plus one percent. Interest rates on outstanding loans range from 4.25 % to 10.50 % as of December 31, 2015 and mature on various dates through December 2030. Principal and interest are paid ratably through payroll deductions. Some separated participants may repay loan obligations directly, rather than through payroll deductions. Participant loans amounted to approximately $ 87,024,000 and $ 81,878,000 as of December 31, 2015 and 2014, respectively.

Distributions to Participants

Account balances are distributed as soon as practicable after a participant dies, becomes entitled to and requests a distribution, or terminates employment with an account balance of $5,000 or less. Participants may otherwise delay distribution, subject to the minimum distribution requirements under Internal Revenue Code (“IRC”) Section 401(a)-(9). Participants may receive lump sum distributions. An installment form of distribution payment is also available to certain participants. In-service withdrawals may be taken from after-tax contributions, upon attainment of age 59½, or for certain financial hardships. Participants taking in-service withdrawals will be required to pay all applicable taxes on the withdrawals and may be subject to penalty taxes for early withdrawals taken prior to age 59½. Participants who terminate employment with a vested account balance greater than $1,000 but less than or equal to $5,000 will have their vested account balance automatically rolled over to individual retirement accounts (“IRA”) selected by the Chair or Secretary of the Plan Administrator, unless the participants make a timely distribution election.

2. Summary of Significant Accounting Policies

Basis of Accounting

The financial statements are prepared and presented on the accrual basis of accounting and in conformity with U.S. generally accepted accounting principles (“GAAP”) applicable to employee benefit plans and ERISA.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ materially from those estimates.

Risks and Uncertainties

The Plan's investment in Edison International Common Stock amounted to approximately $ 578,765,000 and $ 739,704,000 as of December 31, 2015 and 2014, respectively. Such investments represented approximately 15 % and 18 % of the Plan's net assets as of December 31, 2015 and 2014, respectively. For risks and uncertainties regarding investment in the Company's common stock, participants should refer to the annual report on Form 10-K for the period ended December 31, 2015, and the quarterly report on Form 10-Q for the period ended March 31, 2016 of Edison International.

9

The Plan provides for various funds that hold investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risk in the near term could materially affect participants' account balances and the amounts reported in the Statements of Net Assets Available for Plan Benefits and the Statement of Changes in Net Assets Available for Plan Benefits.

The Plan participates in various investment options that include securities of foreign companies, which involve special risks and considerations not typically associated with investing in U.S. companies. These risks include devaluation of currencies, less reliable information about issuers, different securities transaction clearance and settlement practices, and possible adverse political and economic developments. Moreover, securities of many foreign companies and their markets may be less liquid and their prices more volatile than securities of comparable U.S. companies.

Investment Valuation and Income Recognition

The Plan's investments are stated at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.

Net Appreciation (Depreciation) in Fair Value of Investments

Realized and unrealized appreciation (depreciation) in the fair value of investments is based on the difference between the fair value of the assets at the beginning of the year, or at the time of assets purchased during the year, and the related fair value on the day investments are sold with respect to realized appreciation (depreciation), or on the last day of the year for unrealized appreciation (depreciation).

Notes Receivable from Participants

Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest.

Notes receivable from participants that are in default, as provided in the Plan document, are treated as deemed distributions for active participants, or loan offsets for terminated participants, for tax purposes and also reported as such in the Form 5500. There were $172,000 deemed distributions in 2015. For the year ended December 31, 2015, $ 5,418,000 of notes receivable from participants were loan offsets. This amount is included in “Distributions to participants” in the Statements of Changes in Net Assets Available for Plan Benefits.

Distributions to Participants

Distributions to participants, other than notes receivable from participants, are recorded when paid.

New Accounting Guidance

Accounting Guidance Adopted

On May 1, 2015, the Financial Accounting Standards Board (“FASB”) issued an accounting standards update which removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using net asset value per share or its equivalent as a practical expedient. This new guidance is effective January 1, 2016 but was early adopted by the Plan in 2015. Certain prior year amounts have been retrospectively adjusted. See Note 3 for the Fair Value Measurements disclosure.

On July 31, 2015, the FASB issued an accounting standards update which requires that investments be grouped only by general type rather than on the basis of the nature, characteristics and risks. In addition, it eliminates the requirement to disclose significant individual investments and the net appreciation or depreciation for investments by general type. This new guidance is effective January 1, 2016 but was early adopted by the Plan in 2015. Certain prior year amounts have been retrospectively adjusted. See Note 3 for the Fair Value Measurements disclosure.

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Accounting Guidance Not Yet Adopted

On January 5, 2016, the FASB issued an accounting standards update that amends the guidance on the classification and measurement of financial instruments. The amendments require equity investments (excluding those accounted for under the equity method or those that result in consolidation) to be measured at fair value, with changes in fair value recognized in net income. It also amends certain disclosure requirements associated with the fair value of financial instruments. In addition, the new guidance requires financial assets and financial liabilities to be presented separately in the notes to the financial statements, grouped by measurement category and form of financial asset. This new guidance is effective January 1, 2019. The adoption of this standard is not expected to have a material impact on the Plan’s financial statements.

3. Fair Value Measurements

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (referred to as an “exit price”). Fair value of an asset or liability considers assumptions that market participants would use in pricing the asset or liability, including assumptions about nonperformance risk. The Plan categorizes financial assets and liabilities into a three-level fair value hierarchy based on valuation inputs used to derive fair value. The hierarchy gives the highest priority to unadjusted quoted market prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are:

• Level 1: The fair value of Level 1 assets and liabilities is determined using unadjusted quoted prices in active markets that are available at the measurement date for identical assets and liabilities;

• Level 2: Pricing inputs other than Level 1 that are observable, either directly or indirectly, such as quoted market prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the financial instrument; and

• Level 3: The fair value of Level 3 assets and liabilities is determined using the income approach through various models and techniques that require significant unobservable inputs. The Plan does not have any Level 3 assets and liabilities.

The asset or liability's fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. There were no changes in the valuation methods during 2015 and 2014. Plan assets carried at fair value are described below.

Edison International Common Stock and investments in equity mutual funds are valued at the unadjusted quoted prices in active or highly liquid and transparent markets and are classified as Level 1.

Investments in separately managed accounts (separate accounts) are managed by external investment managers and include the following: Cash and short-term interest bearing investments with initial maturities of three months or less are recorded at cost, plus accrued interest, which approximates fair value. The value of equity investments, real estate investment trusts, and US Treasury investments in separate accounts is based on quoted market prices in active or highly liquid and transparent markets and is therefore classified as Level 1. The fair value of fixed income investments (including asset-backed securities) in separate accounts are based on evaluated prices that reflect significant observable market information but are classified as Level 2 because they trade in markets that are not considered active. Separate accounts also include minor investments in derivative contracts, including options and futures traded in active markets and swap contracts valued at fair value, as determined by the investment managers taking into consideration exchange quotations on underlying instruments, dealer quotations and other market information.

The self-directed brokerage accounts contain investments stated at quoted market prices for equities and mutual funds and therefore are classified as Level 1. Fixed income investments in this category are classified as Level 2.

The preceding methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

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The following presents information about the Plan's investments that are measured at fair value on a recurring basis as of December 31, 2015 and 2014, by level within the fair value hierarchy:

(in thousands) Investments at Fair Value as of December 31, 2015 — Level 1 Level 2 Level 3 NAV a Total
Edison International common stock fund $ 575,922 $ — $ — 2,843 $ 578,765
Money market fund 417,222 417,222
Self-directed brokerage accounts 338,649 2,154 340,803
Mutual fund 152,627 152,627
Collective investment funds 1,560,181 1,560,181
Separate managed funds:
Cash and other short-term investments 8,607 8,607
Mutual funds 1,806 1,806
Fixed income securities b 36,409 172,239 208,648
Common and preferred stocks 503,702 503,702
Other 11,962 14,791 26,753
Total separate managed funds 552,073 187,030 10,413 749,516
Total investments at fair value $ 1,619,271 $ 189,184 $ — 1,990,659 $ 3,799,114
(in thousands) Investments at Fair Value as of December 31, 2014 — Level 1 Level 2 Level 3 NAV a Total
Edison International common stock fund $ 728,711 $ — $ — 10,993 $ 739,704
Money market fund 453,499 453,499
Self-directed brokerage accounts 350,892 1,566 352,458
Mutual fund 164,874 164,874
Collective investment funds 1,618,989 1,618,989
Separate managed funds:
Cash and other short-term investments 6,655 6,655
Mutual funds 4,599 4,599
Fixed income securities b 44,320 141,824 186,144
Common and preferred stocks 528,448 528,448
Other 13,113 8,185 21,298
Total separate managed funds 585,881 150,009 11,254 747,144
Total investments at fair value $ 1,830,358 $ 151,575 $ — 2,094,735 $ 4,076,668

a These investments are measured at fair value using the net asset value per share practical expedient and have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts in the Statement of Net Assets Available for Plan Benefits.

b The majority of dollar amounts of these securities consist of U.S. government securities and agency securities including U.S. treasury notes and bonds.

The Plan determines the fair value for transfers in and transfers out of each level at the end of each reporting period. There were no transfers between level 1, 2 or 3 during 2015 and 2014.

12

Fund Investments Valued at Net Asset per Share as a Practical Expedient

The following table summarizes investments measured at fair value based on NAV per share:

(in thousands) December 31, 2015 — Fair Value Unfunded Commitments Redemption Frequency (if currently eligible) Redemption Notice Period
Money market fund 1 428,672 Not applicable Daily None
Mutual fund 2 1,806 Not applicable Daily None
Collective investment funds 3 1,560,181 Not applicable Daily None
Total 1,990,659
(in thousands) December 31, 2014 — Fair Value Unfunded Commitments Redemption Frequency (if currently eligible) Redemption Notice Period
Money market fund 1 471,147 Not applicable Daily None
Mutual fund 2 4,599 Not applicable Daily None
Collective investment funds 3 1,618,989 Not applicable Daily None
Total 2,094,735

1 For the year ended December 31, 2015, the combined money market fund investments of $428,672 are all invested in the State Street Money Market Fund, including $8,607 in separate managed funds “Cash and short-term investments”, and $2,843 in the “Edison International common stock fund.” For the year ended December 31, 2014, the combined money market fund investments of $471,147 are all invested in the State Street Money Market Fund, including $6,655 in separate managed funds “Cash and short-term investments”, and $10,993 of excess cash in the “Edison International common stock fund.”

The State Street Money Market Fund seeks to provide safety of principal, daily liquidity and a competitive yield over the long term. The fund invests in a diversified portfolio of securities including securities guaranteed by the U.S. Government or its agencies; debt securities of domestic or foreign corporations, mortgage-backed and other asset-backed securities, municipal bonds, structured notes, loan participations, revolving credit facilities, repurchase agreements and bank certificates of deposit.

2 The investment objective of the bond mutual fund within the separately managed accounts is to seek maximum current income, consistent with preservation of capital and daily liquidity.

3 Collective investment funds consist of fixed income index funds that seek to track the Barclays Capital Aggregate Bond Index, equity index funds that seek to track the performance of the Standard and Poor's 500 index, the Russell 1000 growth index, the Russell 2500 index, the MSCI AC World Index excluding the U.S., and a fund that invests in inflation-index bonds issued by the U.S. Treasury.

4. Investment Elections

The Trustee invests contributions in accordance with participant instructions.

Participants may elect changes to their investment mix effective each business day, with certain restrictions. The Plan imposes a seven-day trading restriction for most participants that applies to all funds except the Edison International Common Stock Fund. Reallocation elections are also subject to trading restrictions, redemption fees, or other measures imposed by investment fund managers. Participants may effect changes to their deferral percentages and deferral investment elections coincident with their pay frequency.

5. Investment Options

The transfer of a participant's investment from one fund to any other fund is based on the net asset value of the units allocated to the participant's account, as of close of market on the date of transfer.

As of December 31, 2015, all participants were able to choose from among 18 investment fund offerings. These investment funds consisted of the following:

• Tier 1 – Ten Target Date Funds: Premixed allocation of stocks, bonds and cash. Each Target Date fund is built from a combination of the Tier 2 core funds and designed to be more conservative over time as each fund approaches its target date.

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• Tier 2 – Edison International Common Stock Fund and Seven Institutional Funds representing a range of asset classes: large and small U.S. stocks (including Edison International Common Stock), cash equivalents, non-U.S. stocks and fixed income instruments, with varying degrees of risk and return.

• Tier 3 – Self-Directed Brokerage Accounts: Allows participants to select investments from among thousands of publicly traded securities including individual equities, mutual funds, fixed income products, exchange traded funds, real estate investment trusts, and taxable unit investment trusts.

The Plan Sponsor's Trust Investment Committee may direct the Trustee to establish new investment funds or discontinue existing ones as well as change the investment medium for each investment fund. Participants should refer to the summary plan description for a more complete discussion of the various investment options.

6. Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of net assets available for plan benefits per the financial statements to the Form 5500:

(in thousands) December 31, — 2015 2014
Net assets available for plan benefits per the financial statements $ 3,856,893 $ 4,153,065
Less: Amounts allocated to withdrawing participants (223 ) (1,253 )
Net assets available for plan benefits per the Form 5500 $ 3,856,670 $ 4,151,812
The following is a reconciliation of total deductions per the financial statements to the Form 5500:
(in thousands) For year ended December 31, 2015
Total deductions per the financial statements $ 429,258
Add: Amounts allocated to withdrawing participants at December 31, 2015 223
Less: Amounts allocated to withdrawing participants at December 31, 2014 (1,253 )
Benefits paid to participants per the Form 5500 $ 428,228

Amounts allocated to withdrawing participants are recorded on the Form 5500 for benefit claims that have been processed and approved for payment prior to December 31 but not paid as of that date.

7. Related-Party Transactions

Certain Plan investments, including investments held in the trust, are shares of funds managed by the Trustee. The Plan also invests in the Edison International Common Stock Fund and receives services from the Plan Sponsor. In addition, the Plan issues loans to participants, see "Notes Receivable from Participants" in Note 1 for more details. These transactions qualify as party-in-interest transactions under ERISA.

The Money Market Fund is managed by State Street Bank and Trust Company, which also serves as the Plan's Trustee. Fees earned by the Trustee in its capacity as fund manager for the Plan were $ 188,000 for 2015 and were reported as “Management fees” on the Statement of Changes in Net Assets Available for Plan Benefits.

The Plan's investment options include the Company's Common Stock as a fund option. See Note 2 for a discussion of the amount of the Plan's investment in the Company's Common Stock. In addition, State Street Global Advisors, an affiliate of State Street Bank and Trust Company, is the investment manager of the Edison International Common Stock Fund. Fees earned by State Street Global Advisors in its capacity as the investment manager of the Edison International Common Stock Fund were $ 102,000 for 2015 and were reported as “Management fees” on the Statement of Changes in Net Assets Available for Plan Benefits.

Certain investment fund managers have provided credits to Xerox HR Solutions LLC of $ 519,000 for administrative and other services rendered to the Plan by the Plan Sponsor. These credits were used to reduce Xerox HR Solutions LLC’s charge to the Plan Sponsor for services provided to the Plan.

See Note 10 below regarding Edison International Common Stock Fund dividend payments.

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8. Plan Termination

Although it has not expressed intent to do so, the Plan Sponsor has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants will become fully vested in their accounts. The Trust will continue after termination until all Trust assets have been distributed to participants and their beneficiaries.

9. Tax Status

The IRS has determined and informed the Plan Sponsor by a letter dated September 29, 2014 that the Plan and related trust are designed in accordance with the applicable qualification sections of the IRC. The Plan has been amended since receiving the determination letter. However, the Plan Administrator believes that the Plan is designed in compliance with the applicable qualification requirements of the IRC. In addition, the Plan Administrator is not aware of any operational issues that will prevent the continuation of the Plan's qualified tax status. The Plan has filed for a new determination letter on January 26, 2016 and is awaiting a response from the IRS.

Accounting principles generally accepted in the United States require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no tax audits relative to the Plan for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examination for years prior to 2011.

10. Employee Stock Ownership Plan

The Edison International Common Stock Fund constitutes an employee stock ownership plan that allows for the current distribution of dividends to the accounts of all participants through the Plan. Such distributions amounted to approximately $ 2,781,000 for the year ended December 31, 2015. On December 10, 2015, the Board of Directors of Edison International declared a common stock dividend of $ 0.48 per share which was paid on January 31, 2016 to the shareholders of record as of December 31, 2015. As the record date was at year end, dividend income of $ 0.48 per share amounting to approximately $ 4,669,000 was accrued and included in “Dividends receivable” in the accompanying financial statements at December 31, 2015. For the year ended December 31, 2014, $ 4,610,000 was accrued in dividend receivable and paid on February 2, 2015.

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Supplemental Schedule


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Form 5500 Schedule H, Line 4i - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (d) (e)
Identity of Issue, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Cost ** Current Value (in thousands)
Edison International common stock fund
* Edison International Common stock - no par value $ 578,765
Money market fund
* State Street Bank & Trust Co. Money market fund - collective instrument in the State Street Bank short-term income fund 417,222
Investment funds
BlackRock Global Investors Collective investment in the core Standard & Poor 500 index fund 726,372
BlackRock Global Investors Collective investment in the core treasury inflation protected securities fund 125,822
PIMCO *** Separate managed account in the core bond fund 125,876
BlackRock Global Investors Collective investment in the core bond fund 96,537
Dodge & Cox *** Separate managed account in the core bond fund 94,683
Harding Loevner Collective investment in the core international stock fund 167,785
Dodge & Cox Mutual fund in the core international stock fund 152,627
BlackRock Global Investors Collective investment in the core international stock fund 163,391
BlackRock Global Investors Collective investment in the core Standard & Poor 500 index (large company stock) fund 162,559
Institutional Capital Corporation *** Separate managed account in the core U.S. large company stock fund 143,661
Westwood Group *** Separate managed account in the core U.S. small-medium company stock fund 56,525
Jackson Square Partners *** Separate managed account in the core U.S. small-medium company stock fund 64,623
BlackRock Global Investors Collective investment in the core U.S. small-medium company stock fund 117,715
Next Century *** Separate managed account in the core U.S. small-medium company stock fund 54,267
AJO Partners *** Separate managed account in the core U.S. small-medium company stock fund 54,922
Loomis Sayles *** Separate managed account in the core U.S. large company stock fund 154,959
Total common collective and separate managed funds 2,462,324
Self-directed brokerage accounts
Charles Schwab Self-directed brokerage accounts 340,803
Total investments 3,799,114
Notes receivable from participants
* Notes receivable from participants Loans with maturities varying from one to four years (or up to 15 years for purchase of a primary residence) and interest rates of 4.25% to 10.50% 87,024
Total $ 3,886,138
  • Party-in-interest

** Investments are participant-directed; therefore, disclosure of cost is not required.

*** See investment details of the separate managed investments in the appendix of the Schedule of Assets.

17

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
PIMCO AETNA INC SR UNSECURED 11/24 3.5 $ 549
FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 4,000
FNMA TBA 15 YR 3.5 SINGLE FAMILY MORTGAGE 1,047
FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE 8,237
FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE 11,512
FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE 3,019
ALLY FINANCIAL INC COMPANY GUAR 02/17 5.5 515
AMAZON.COM INC SR UNSECURED 12/21 3.3 360
AMAZON.COM INC SR UNSECURED 12/24 3.8 494
AMGEN INC SR UNSECURED 05/19 2.2 649
APPLE INC SR UNSECURED 05/21 2.85 102
VEREIT OPERATING PARTNER COMPANY GUAR 02/19 3 192
MORGAN STANLEY + CO INC CASH COLL (CCP) 204
BP CAPITAL MARKETS PLC COMPANY GUAR 11/22 2.5 238
BANK OF AMERICA NA SR UNSECURED 06/17 VAR 698
BANK OF AMERICA CORP SR UNSECURED 05/18 5.65 323
BANK OF AMERICA CORP SR UNSECURED 03/16 3.625 603
BEAR STEARNS ADJUSTABLE RATE M BSARM 2004 10 11A1 466
CSAIL COMMERCIAL MORTGAGE TRUS CSAIL 2015 C3 ASB 507
COUNTRYWIDE ASSET BACKED CERTI CWL 2005 4 MV2 474
COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2004 28CB 5A1 276
COUNTRYWIDE HOME LOANS CWHL 2004 HYB2 6A 247
CARDINAL HEALTH INC SR UNSECURED 11/19 2.4 500
CHICAGO IL CHI 01/22 FIXED 5.63 197
CHICAGO IL CHI 01/42 FIXED OID 7.75 202
CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 8 3A1 337
CITIGROUP CAPITAL XIII PREFERRED STOCK 10/40 VAR 260
CONOCOPHILLIPS COMPANY COMPANY GUAR 11/21 2.875 583
GNMA II TBA 30 YR 3.5 JUMBOS 1,042
CREDIT SUISSE MORTGAGE TRUST CSMC 2006 C5 A1A 1,018
DEUTSCHE TELEKOM INT FIN COMPANY GUAR 03/16 5.75 303
DISH DBS CORP COMPANY GUAR 04/18 4.25 1,404
ENERGY TRANSFER PARTNERS SR UNSECURED 12/45 6.125 81
FANNIE MAE NOTES 05/18 0.875 99
FANNIE MAE NOTES 09/18 1.875 101
FANNIE MAE FNR 2012 55 PC 1,753
FNMA POOL 257290 FN 07/18 FIXED 4.5 431
FHLMC MULTIFAMILY STRUCTURED P FHMS KF11 A 496
FREDDIE MAC NOTES 10/19 1.25 592
FNMA POOL 469379 FN 11/21 FIXED 3.14 3,490

18

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
PIMCO FNMA POOL 471600 FN 06/22 FIXED 2.64 $ 299
FNMA POOL AH8434 FN 04/41 FIXED 5 30
FNMA POOL AL1983 FN 05/22 FIXED VAR 501
FNMA POOL AL5853 FN 05/44 FIXED VAR 896
FNMA POOL AW3558 FN 05/29 FIXED 3 418
FNMA POOL 654528 FN 12/17 FIXED 4.5 56
FANNIE MAE FNR 2004 10 ZB 59
FREDDIE MAC FHR 2882 ZC 15
FNMA POOL 702657 FN 06/18 FIXED 4.5 82
FNMA POOL 725236 FN 03/34 FIXED VAR 14
FNMA POOL 888638 FN 09/37 FIXED VAR 420
FNMA POOL 894948 FN 08/36 FIXED 6 31
FNMA POOL 995279 FN 12/38 FIXED VAR 20
FNMA POOL AE0515 FN 04/40 FIXED VAR 32
FEDEX CORP COMPANY GUAR 02/20 2.3 251
FEDEX CORP COMPANY GUAR 02/25 3.2 243
FORD MOTOR CREDIT CO LLC SR UNSECURED 01/18 VAR 297
FORD MOTOR CREDIT CO LLC SR UNSECURED 01/21 3.2 298
GOLDMAN SACHS GROUP INC SR UNSECURED 07/24 3.85 969
GOLDMAN SACHS GROUP INC SR UNSECURED 12/17 VAR 1,000
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H16 FM 397
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FB 197
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FC 594
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H22 FC 493
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H30 FB 692
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H29 FA 988
HSBC USA INC SR UNSECURED 08/18 VAR 500
INDU + COML BNK CHINA NY SR UNSECURED 11/19 3.231 508
INDYMAC INDA MORTGAGE LOAN TRU INDA 2005 AR1 3A1 477
INGRAM MICRO INC SR UNSECURED 12/24 4.95 249
INTL LEASE FINANCE CORP SR UNSECURED 03/17 8.75 320
INTL LEASE FINANCE CORP SR UNSECURED 05/16 5.75 304
INTESA SANPAOLO NEW YORK CERT OF DEPO 04/16 VAR 500
JPMORGAN CHASE + CO SR UNSECURED 02/17 VAR 899
JP MORGAN MORTGAGE TRUST JPMMT 2005 A5 2A2 1,294
JPMORGAN CHASE + CO SR UNSECURED 01/25 3.125 292
JP MORGAN CHASE COMMERCIAL MOR JPMCC 2006 LDP8 A1A 36
KLA TENCOR CORP SR UNSECURED 11/21 4.125 100

19

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
PIMCO KLA TENCOR CORP SR UNSECURED 11/24 4.65 $ 302
KINDER MORGAN INC/DELAWA COMPANY GUAR 12/19 3.05 93
KOREA DEVELOPMENT BANK SR UNSECURED 08/17 3.5 205
LAM RESEARCH CORP SR UNSECURED 03/25 3.8 471
LLOYDS BANK PLC COMPANY GUAR 08/18 VAR 400
MERRILL LYNCH MORTGAGE INVESTO MLMI 2003 A2 2A2 89
MLCC MORTGAGE INVESTORS INC MLCC 2004 G A1 94
MORGAN STANLEY SR UNSECURED 05/19 7.3 459
MORGAN STANLEY SR UNSECURED 10/24 3.7 377
HELLENIC RAILWAY ORG GOVT GUARANT 12/16 4.5 92
ONEOK PARTNERS LP COMPANY GUAR 02/16 3.25 301
OWENS CORNING COMPANY GUAR 12/24 4.2 243
PETROBRAS GLOBAL FINANCE COMPANY GUAR 03/18 5.875 534
PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/20 5.75 157
PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/16 3.875 100
PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/19 VAR 95
PETROBRAS GLOBAL FINANCE COMPANY GUAR 05/23 4.375 66
PIMCO FDS SHORT TERM FLTG NAV MUTUAL FUND 1,806
RESIDENTIAL ACCREDIT LOANS, IN RALI 2005 QA1 A1 268
REYNOLDS AMERICAN INC COMPANY GUAR 08/45 5.85 222
SLC STUDENT LOAN TRUST SLCLT 2006 2 A5 769
NAVIENT CORP SR UNSECURED 01/17 6 718
SLM STUDENT LOAN TRUST SLMA 2005 3 A5 683
SAN FRANCISCO CITY CNTY CA C SFOCTF 11/41 FIXED 6.487 1,790
SANTANDER BANK NA SR UNSECURED 01/18 VAR 1,067
SANTANDER DRIVE AUTO RECEIVABL SDART 2015 4 A2A 499
SOUTHWESTERN ENERGY CO SR UNSECURED 01/25 4.95 205
SPRINT CAPITAL CORP COMPANY GUAR 05/19 6.9 163
STATOIL ASA COMPANY GUAR 11/18 VAR 893
STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND 86
STRUCTURED ADJUSTABLE RATE MOR SARM 2004 12 9A 444
STRUCTURED ADJUSTABLE RATE MOR SARM 2005 2 A2 125
STRUCTURED ASSET SECURITIES CO SASC 2004 13 2A1 602
TELEFONICA EMISIONES SAU COMPANY GUAR 02/16 3.992 301
THORNBURG MORTGAGE SECURITIES TMST 2006 5 A1 130
UBS AG STAMFORD CT SR UNSECURED 06/17 VAR 798
UBS AG STAMFORD CT SR UNSECURED 06/20 VAR 299
TSY INFL IX N/B 04/28 3.625 5,767

20

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
PIMCO TSY INFL IX N/B 01/25 2.375 $ 7,172
TSY INFL IX N/B 01/27 2.375 273
TSY INFL IX N/B 01/28 1.75 248
TSY INFL IX N/B 01/29 2.5 525
US TREASURY N/B 05/42 3 402
US TREASURY N/B 08/42 2.75 191
US TREASURY N/B 11/42 2.75 1,335
US TREASURY N/B 05/43 2.875 195
US TREASURY N/B 05/44 3.375 4,185
US TREASURY N/B 08/44 3.125 5,928
US TREASURY N/B 11/44 3 2,790
TSY INFL IX N/B 02/45 0.75 440
US TREASURY N/B 08/45 2.875 1,651
US TREASURY N/B 11/45 3 299
US TREASURY N/B 02/24 2.75 417
US TREASURY N/B 11/24 2.25 1,474
TSY INFL IX N/B 04/20 0.125 401
US TREASURY N/B 04/20 1.375 2,369
US TREASURY N/B 09/22 1.75 686
US TREASURY N/B 05/24 2.5 511
TSY INFL IX N/B 07/25 0.375 971
UNITEDHEALTH GROUP INC SR UNSECURED 12/19 2.3 603
CITIGROUP TBA CASH COLLATERAL (30 )
VERIZON COMMUNICATIONS SR UNSECURED 09/23 5.15 110
VERIZON COMMUNICATIONS SR UNSECURED 11/21 3 1,396
CCFOBHUS0 CREDIT SUISSE COC CCFOBHUS0 CREDIT SUISSE COC 32
MORGAN STANLEY CASH BOC CCMSBIUS1 MORGAN STANLEY CASH (260 )
NATIONAL AUSTRAILIAN BANK CASH CCNABIUS9 NATIONAL AUSTRAILIAN (270 )
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR11 A1A 36
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR2 2A21 374
WACHOVIA BANK COMMERCIAL MORTG WBCMT 2006 C27 A1A 112
WALGREENS BOOTS ALLIANCE SR UNSECURED 05/16 VAR 498
WELLS FARGO + COMPANY SR UNSECURED 12/20 2.55 498
WELLS FARGO MORTGAGE BACKED SE WFMBS 2003 E A1 394
WELLS FARGO HOME EQUITY TRUST WFHET 2005 2 M5 105
WELLS FARGO MORTGAGE BACKED SE WFMBS 2005 AR12 1A1 422
WILLIAMS PARTNERS LP SR UNSECURED 03/22 3.6 393
BOA FUTURES COC BOA FUTURES CCBOSXUS1 192

21

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
PIMCO MORGAN STANLEY CCP MORGAN STANLEY CCMSCHUS2 $ 324
DEUTCHE BANK CCD CCDEUCUS4 DEUTCHE CCD 1
CSFB CASH COLL CCP CSFB CASH COLL CCFOBCUS1 120
GOLDMAN CCP USD GOLDMAN CCP CCGSCCUS0 74
CCGSCZUS9 GOLDMAN SACH COC ICE CCP CCGSCZUS9 CASH COLL 141
EUROSAIL PLC ESAIL 2006 2X A2C REGS 407
ALBA PLC ALBA 2006 2 A3B REGS 267
RMAC SECURITIES PLC RMACS 2006 NS4X A3A REGS 410
SWAP BANK OF AMERICA BOC SWAP CASH COLLATERAL USD (260 )
SWAP DEUTSCHE BANK BOC SWAP CASH COLLATERAL USD (60 )
SWU001RO4 IRS MXN R F 5.50000 VANILLA 17
SWU001RO4 IRS MXN P V 01MTIIE VANILLA (17 )
SWU004M21 IRS MXN R F 5.75000 VANILLA 6
SWU004M21 IRS MXN P V 01MTIIE VANILLA (6 )
SWPC00Y83 CDS USD R F 1.00000 SOVEREIGN 396
SWPC00Y83 CDS USD P V 03MEVENT SOVEREIGN (400 )
SWPC236P8 CDS USD R F 1.00000 SOVEREIGN 1,582
SWPC236P8 CDS USD P V 03MEVENT SOVEREIGN (1,600 )
SWPC02DJ8 CDS USD R F 1.00000 2,283
SWPC02DJ8 CDS USD P V 03MOTC (2,300 )
SWPC02PY2 CDS USD R F 1.00000 CORPORATE 1,526
SWPC02PY2 CDS USD P V 03MEVENT CORPORATE (1,500 )
SWPC02R87 CDS USD R F 1.00000 CORPORATE 1,829
SWPC02R87 CDS USD P V 03MEVENT CORPORATE (1,800 )
SWU009GC5 IRS MXN R F 5.50000 SWU009GC5 CCPVANILLA CME 113
SWU009GC5 IRS MXN P V 01MTIIE SWUV09GC7 CCPVANILLA CME (116 )
SWPC02J45 CDS USD R F .11000 1 ABX 975
SWPC02J45 CDS USD P V 01MEVENT 2 ABX (1,208 )
SWPC02J52 CDS USD R F .11000 1 ABX 279
SWPC02J52 CDS USD P V 01MEVENT 2 ABX (345 )
SWU00AFR0 IRS MXN R F 5.60000 SWU00AFR0 CCPVANILLA CME 352
SWU00AFR0 IRS MXN P V 01MTIIE SWUV0AFR2 CCPVANILLA CME (347 )
SWU00AI63 IRS MXN R F 6.35000 SWU00AI63 CCPVANILLA 30
SWU00AI63 IRS MXN P V 01MTIIE SWUV0AI65 CCPVANILLA (29 )
BWU00AKM5 IRS GBP R V 06MLIBOR SWUV0AKM7 CCPVANILLA 4,360
BWU00AKM5 IRS GBP P F 1.83700 SWU00AKM5 CCPVANILLA (4,422 )
SWPC31H95 CDS USD R F 5.00000 FIX CDXTRANCHE 280
SWPC31H95 CDS USD P V 03MEVENT FLO CDXTRANCHE (250 )

22

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
PIMCO SWPC31J02 CDS USD R F 5.00000 FIX CDXTRANCHE $ 280
SWPC31J02 CDS USD P V 03MEVENT FLO CDXTRANCHE (250 )
SWPC07B18 CDS USD R F 5.00000 FIX CORPORATE 171
SWPC07B18 CDS USD P V 03MEVENT FLO CORPORATE (200 )
SWU00B3P5 IRS MXN R F 5.58000 SWU00B3P5 CCPVANILLA 859
SWU00B3P5 IRS MXN P V 01MTIIE SWUV0B3P7 CCPVANILLA (869 )
SWU00B664 IRS MXN R F 6.00000 SWU00B664 CCPVANILLA CME 6
SWU00B664 IRS MXN P V 01MTIIE SWUV0B666 CCPVANILLA CME (6 )
SWU00A3Z5 IRS MXN R F 5.75000 SWU00A3Z5 CCPVANILLA CME 11
SWU00A3Z5 IRS MXN P V 01MTIIE SWUV0A3Z7 CCPVANILLA CME (12 )
SWU00B649 IRS MXN R F 5.75000 SWU00B649 CCPVANILLA CME 59
SWU00B649 IRS MXN P V 01MTIIE SWUV0B641 CCPVANILLA CME (58 )
SWPC08F04 CDS USD R F 5.00000 FIX CORPORATE 84
SWPC08F04 CDS USD P V 03MEVENT FLO CORPORATE (100 )
SWU00BPI7 IRS MXN R F 6.39500 SWU00BPI7 CCPVANILLA 267
SWU00BPI7 IRS MXN P V 01MTIIE SWUV0BPI9 CCPVANILLA (290 )
SWU00BQ54 IRS MXN R F 6.35000 SWU00BQ54 CCPVANILLA 915
SWU00BQ54 IRS MXN P V 01MTIIE SWUV0BQ56 CCPVANILLA (996 )
SWU00BON7 IRS MXN R F 5.43000 CCP CME 961
SWU00BON7 IRS MXN P V 01MTIIE CCP CME (979 )
SWPC08XU8 CDS USD R F 1.00000 FIX CORPORATE 202
SWPC08XU8 CDS USD P V 03MEVENT FLO CORPORATE (200 )
SWPC09OW2 CDS USD R F 5.00000 1 CCPCDX 1,232
SWPC09OW2 CDS USD P V 03MEVENT 2 CCPCDX (1,188 )
BWU00D868 IRS USD R V 03MLIBOR SWUV0D860 CCPVANILLA 100
BWU00D868 IRS USD P F 2.75000 SWU00D868 CCPVANILLA (103 )
BWU00D7M4 IRS USD R V 03MLIBOR CCP CME 1,400
BWU00D7M4 IRS USD P F 1.50000 CCP CME (1,410 )
BWU00D7P7 IRS USD R V 03MLIBOR CCP CME 8,840
BWU00D7P7 IRS USD P F 2.75000 CCP CME (9,100 )
BWU00DAF5 IRS USD R V 03MLIBOR SWUV0DAF7 CCPVANILLA 2,800
BWU00DAF5 IRS USD P F 2.00000 SWU00DAF5 CCPVANILLA (2,845 )
BWU00DA99 IRS USD R V 03MLIBOR CCP CME 500
BWU00DA99 IRS USD P F 1.25000 CCP CME (502 )
BWU00DAD0 IRS USD R V 03MLIBOR SWUV0DAD2 CCPVANILLA 5,100
BWU00DAD0 IRS USD P F 2.25000 SWU00DAD0 CCPVANILLA (5,204 )
BWU00DDF2 IRS USD R V 03MLIBOR SWUV0DDF4 CCPVANILLA 22,800
BWU00DDF2 IRS USD P F 1.50000 SWU00DDF2 CCPVANILLA (22,869 )

23

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
PIMCO SWPC0AJI6 CDS USD R F 1.00000 FIX CORPORATE $ 206
SWPC0AJI6 CDS USD P V 03MEVENT FLO CORPORATE (300 )
BWU00DRH3 IRS USD R V 03MLIBOR SWUV0DRH5 CCPVANILLA 1,200
BWU00DRH3 IRS USD P F 2.35000 SWU00DRH3 CCPVANILLA (1,217 )
SWPC01RM8 CDS USD R F .08000 1 CMBX 452
SWPC01RM8 CDS USD P V 01MEVENT 2 CMBX (453 )
SWU0CG751 IRS USD R V 12MUSCPI INF INFLATIONZERO 501
SWU0CG751 IRS USD P F .41500 FIX INFLATIONZERO (500 )
SWPC0B5C2 CDS USD R F 5.00000 CCP ICE 607
SWPC0B5C2 CDS USD P V 03MEVENT CCP ICE (600 )
BWU00EI99 IRS USD R V 03MLIBOR SWUV0EI91 CCPVANILLA 200
BWU00EI99 IRS USD P F 1.00000 SWU00EI99 CCPVANILLA (200 )
SWPC0BA44 CDS USD R F 1.00000 FIX CORPORATE 203
SWPC0BA44 CDS USD P V 03MEVENT FLO CORPORATE (200 )
SWPC0BBB7 CDS USD R F 1.00000 FIX CORPORATE 303
SWPC0BBB7 CDS USD P V 03MEVENT FLO CORPORATE (300 )
SWPC0BD41 CDS EUR R F 1.00000 FIX CORPORATE 324
SWPC0BD41 CDS EUR P V 03MEVENT FLO CORPORATE (326 )
BWU00FAL7 IRS USD R V 03MLIBOR SWUV0FAL9 CCPVANILLA 200
BWU00FAL7 IRS USD P F 2.50000 SWU00FAL7 CCPVANILLA (193 )
BWU00FAB9 IRS USD R V 03MLIBOR SWUV0FAB1 CCPVANILLA 2,500
BWU00FAB9 IRS USD P F 2.25000 SWU00FAB9 CCPVANILLA (2,492 )
SWPC0BL83 CDS EUR R F 1.00000 FIX CORPORATE 217
SWPC0BL83 CDS EUR P V 03MEVENT FLO CORPORATE (217 )
BWU00FDQ3 IRS USD R V 03MLIBOR SWUV0FDQ5 CCPVANILLA 3,400
BWU00FDQ3 IRS USD P F 2.15000 SWU00FDQ3 CCPVANILLA (3,382 )
SWU00FMT7 IRS USD R F 1.12500 SWU00FMT7 CCPVANILLA 4,098
SWU00FMT7 IRS USD P V 03MLIBOR SWUV0FMT9 CCPVANILLA (4,100 )
3175030L5 OTC EPUT USD VS JPY FEB19 80.0 PUT (1 )
317U604H5 IRO USD 2Y C 1.0450 JAN16 1.045 CALL 1
317U245J6 IRO USD 10Y P 2.5800 MAY16 2.58 PUT 8
317U248J3 IRO USD 2Y1Y P 2.500 MAY16 2.5 PUT (6 )
317U265J1 IRO USD 10Y P 2.5800 MAY16 2.58 PUT 3
317U269J7 IRO USD 2Y1Y P 2.500 MAY16 2.5 PUT (2 )
317U841J4 IRO USD 30Y P 2.9050 AUG18 2.905 PUT 44
317U840J5 IRO USD 5Y P 2.8000 AUG18 2.8 PUT (36 )
317U857J5 IRO USD 30Y P 2.9400 AUG18 2.94 PUT 17
317U856J6 IRO USD 5Y P 2.8000 AUG18 2.8 PUT (12 )

24

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
PIMCO 31750A3U6 OTC ECAL USD VS BRL MAR16 4.6 CALL $ (5 )
31750A4D3 OTC ECAL USD VS BRL JAN16 4.45 CALL 1
31750A4O9 OTC ECAL USD VS BRL MAR16 4.55 CALL (3 )
317U376K4 IRO USD 5Y P 1.90000 FEB16 1.9 PUT (11 )
317U390K6 IRO USD 5Y P 1.90000 FEB16 1.9 PUT (3 )
31750AF33 OTC ECAL USD VS RUB MAR16 74 CALL (4 )
31750AFF6 OTC ECAL USD VS MXN FEB16 17.4 CALL (4 )
31750AFI0 OTC ECAL USD VS RUB DEC16 87 CALL (11 )
31750AFO7 OTC ECAL USD VS MXN MAR16 17.65 CALL (5 )
31750AGC2 OTC ECAL USD VS CNH JUN16 6.85 CALL (2 )
31750AGK4 OTC EPUT EUR VS USD JAN16 1.0815 PUT (5 )
31750AGN8 OTC EPUT EUR VS USD JAN16 1.078 PUT (2 )
ROYAL BK OF SCOTLAND PLC SUBORDINATED REGS 03/22 VAR 216
KBC BANK NV SUBORDINATED REGS 01/23 VAR 218
REPUBLIC OF CYPRUS SR UNSECURED REGS 06/19 4.75 117
AUSTRALIAN DOLLAR 4
AUBURN SECURITIES PLC AUBN 5 A2 REGS 256
BLUESTONE SECURITIES PLC BLST 2006 1 A1 REGS 412
NEWGATE FUNDING PLC NGATE 2006 3X A3A REGS 387
COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 11/49 VAR 537
CANADIAN DOLLAR 1
SWISS FRANC 1
EURO CURRENCY 33
POUND STERLING 198
NEW ISRAELI SHEQEL 150
JAPANESE YEN 2
MEXICAN PESO (NEW) 260
COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 07/49 VAR 411
SINGAPORE DOLLAR 1
ICICI BANK LTD/HONG KONG SR UNSECURED REGS 11/20 5.75 1,108
Total PIMCO 125,876
Dodge & Cox TIME WARNER INC COMPANY GUAR 04/31 7.625 990
TIME WARNER INC COMPANY GUAR 05/32 7.7 337
AT+T CORP COMPANY GUAR 11/31 8.25 134
AT+T INC SR UNSECURED 02/39 6.55 562
AT+T INC SR UNSECURED 05/25 3.4 408
AT+T INC SR UNSECURED 05/46 4.75 137

25

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Dodge & Cox ACTAVIS FUNDING SCS COMPANY GUAR 03/20 3 $ 400
ACTAVIS FUNDING SCS COMPANY GUAR 03/22 3.45 275
ACTAVIS FUNDING SCS COMPANY GUAR 03/25 3.8 298
AT+T INC SR UNSECURED 09/40 5.35 173
BNP PARIBAS COMPANY GUAR 10/24 4.25 1,015
BAC CAPITAL TRUST XI LIMITD GUARA 05/36 6.625 626
BANK OF AMERICA CORP SR UNSECURED 06/19 7.625 481
BANK OF AMERICA CORP SR UNSECURED 07/20 5.625 305
BANK OF AMERICA CORP SUBORDINATED 08/24 4.2 481
BARCLAYS PLC SUBORDINATED 09/24 4.375 489
BECTON DICKINSON AND CO SR UNSECURED 12/24 3.734 126
BOSTON PROPERTIES LP SR UNSECURED 05/21 4.125 628
BOSTON PROPERTIES LP SR UNSECURED 09/23 3.125 341
BOSTON SCIENTIFIC CORP SR UNSECURED 01/20 6 361
BURLINGTN NORTH SANTA FE SR UNSECURED 06/21 4.1 949
CIGNA CORP SR UNSECURED 06/20 5.125 573
CIGNA CORP SR UNSECURED 03/41 5.875 173
CALIFORNIA ST CAS 10/39 FIXED 7.3 245
CALIFORNIA ST CAS 03/40 FIXED 7.625 1,405
CAPITAL ONE FINANCIAL CO SR UNSECURED 07/21 4.75 785
CAPITAL ONE FINANCIAL CO SR UNSECURED 02/25 3.2 266
CAPITAL ONE FINANCIAL CO SUBORDINATED 10/25 4.2 148
CHASE ISSUANCE TRUST CHAIT 2014 A6 A6 1,247
CHASE ISSUANCE TRUST CHAIT 2014 A7 A7 474
CHASE ISSUANCE TRUST CHAIT 2015 A2 A2 600
CITIGROUP CAPITAL XIII PREFERRED STOCK 10/40 VAR 951
COMCAST CORP COMPANY GUAR 02/18 5.875 272
CONOCOPHILLIPS COMPANY COMPANY GUAR 11/24 3.35 892
COX COMMUNICATIONS INC SR UNSECURED 08/28 6.8 618
DOMINION RESOURCES INC JR SUBORDINA 10/54 VAR 465
DOW CHEMICAL CO/THE SR UNSECURED 11/29 7.375 340
DOW CHEMICAL CO/THE SR UNSECURED 05/19 8.55 533
DOW CHEMICAL CO/THE SR UNSECURED 05/39 9.4 359
DOW CHEMICAL CO/THE SR UNSECURED 11/20 4.25 65
ERP OPERATING LP SR UNSECURED 12/21 4.625 163
ERP OPERATING LP SR UNSECURED 04/23 3 564
FED HM LN PC POOL G30689 FG 07/32 FIXED 4.5 3,360
FED HM LN PC POOL G01976 FG 12/33 FIXED 6 144

26

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Dodge & Cox FED HM LN PC POOL G07338 FG 10/38 FIXED 6 $ 128
FED HM LN PC POOL G07480 FG 05/39 FIXED 6 655
FED HM LN PC POOL G07598 FG 11/43 FIXED 4.5 170
FED HM LN PC POOL G07857 FG 04/40 FIXED 4.5 2,384
FED HM LN PC POOL G12511 FG 02/22 FIXED 6 658
FED HM LN PC POOL G13824 FG 12/24 FIXED 5.5 560
FED HM LN PC POOL G14585 FG 10/26 FIXED 4 680
FED HM LN PC POOL G14678 FG 12/26 FIXED 4 194
FED HM LN PC POOL G15257 FG 05/27 FIXED 4 273
FED HM LN PC POOL 1G2201 FH 09/37 FLOATING VAR 88
FED HM LN PC POOL 849254 FH 01/42 FLOATING VAR 305
FED HM LN PC POOL 849330 FH 05/44 FLOATING VAR 628
FED HM LN PC POOL 849505 FH 10/44 FLOATING VAR 3,913
FED HM LN PC POOL 849536 FH 11/44 FLOATING VAR 805
FED HM LN PC POOL Q02552 FG 08/41 FIXED 4.5 148
FED HM LN PC POOL Q03086 FG 09/41 FIXED 4.5 354
FED HM LN PC POOL V80953 FG 01/44 FIXED 4.5 314
FEDEX CORP 1998 PASS TST PASS THRU CE 07/23 6.72 388
FED HM LN PC POOL G60034 FG 02/45 FIXED 4.5 239
FED HM LN PC POOL G60153 FG 10/44 FIXED 4.5 485
FANNIE MAE FNR 2013 106 MA 196
FANNIEMAE ACES FNA 2014 M13 ASQ2 214
FREDDIE MAC FHR 4283 EW 1,193
FREDDIE MAC FHR 4310 FA 1,324
FNMA POOL AL0376 FN 08/38 FLOATING VAR 203
FNMA POOL AL1845 FN 06/39 FLOATING VAR 143
FNMA POOL AL3997 FN 09/41 FLOATING VAR 286
FNMA POOL AL6209 FN 07/21 FIXED VAR 119
FNMA POOL AL6240 FN 12/44 FLOATING VAR 1,966
FNMA POOL AL5957 FN 05/27 FIXED VAR 632
FNMA POOL AL7147 FN 02/45 FIXED VAR 287
FNMA POOL AL6377 FN 01/45 FLOATING VAR 698
FNMA POOL AL6872 FN 05/45 FLOATING VAR 890
FNMA POOL AL7205 FN 12/29 FIXED VAR 324
FNMA POOL AW4688 FN 05/44 FLOATING VAR 330
FANNIE MAE FNR 2005 87 FB 571
FREDDIE MAC FHR 2957 VZ 651
FANNIE MAE FNR 2009 66 ET 144

27

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Dodge & Cox FREDDIE MAC REFERENCE REMIC FHRR R008 ZA $ 198
FANNIE MAE FNR 2007 50 DZ 309
FNMA POOL 704235 FN 05/33 FIXED 5.5 99
FNMA POOL 725228 FN 03/34 FIXED VAR 2
FNMA POOL 725229 FN 03/34 FIXED VAR 154
FNMA POOL 735503 FN 04/35 FIXED VAR 4
FNMA POOL 888368 FN 03/37 FIXED VAR 720
FNMA POOL 888560 FN 11/35 FIXED VAR 150
FNMA POOL 889072 FN 12/37 FIXED VAR 559
MACYS RETAIL HLDGS INC COMPANY GUAR 04/29 6.9 85
FNMA POOL 889984 FN 10/38 FIXED VAR 505
FNMA POOL 965097 FN 09/38 FLOATING VAR 283
FNMA POOL 976853 FN 11/29 FIXED 5.5 288
FNMA POOL 995006 FN 10/38 FLOATING VAR 106
FNMA POOL 995051 FN 03/37 FIXED VAR 127
FNMA POOL AB1763 FN 11/30 FIXED 4 98
FNMA POOL AB3301 FN 07/26 FIXED 4 111
FNMA POOL MA0792 FN 07/31 FIXED 4.5 839
FNMA POOL AD0198 FN 09/38 FIXED VAR 132
FNMA POOL AD0244 FN 10/24 FIXED VAR 806
FORD CREDIT AUTO OWNER TRUST FORDO 2015 A A3 499
FORD MOTOR CREDIT CO LLC SR UNSECURED 08/21 5.875 1,199
GENERAL ELECTRIC CO SR UNSECURED 01/20 5.5 617
GENERAL ELECTRIC CO SR UNSECURED 01/21 4.625 137
HSBC HOLDINGS PLC SUBORDINATED 09/37 6.5 990
HSBC HOLDINGS PLC SR UNSECURED 04/21 5.1 195
HEALTH NET INC SR UNSECURED 06/17 6.375 286
ILLINOIS ST ILS 06/33 FIXED 5.1 236
ILLINOIS ST ILS 03/16 FIXED 4.961 277
ILLINOIS ST ILS 03/17 FIXED 5.365 700
ILLINOIS ST ILS 03/18 FIXED 5.665 371
JPMORGAN CHASE + CO SUBORDINATED 05/23 3.375 491
KINDER MORGAN ENER PART COMPANY GUAR 03/43 5 185
KINDER MORGAN ENER PART COMPANY GUAR 02/24 4.15 604
KINDER MORGAN ENER PART COMPANY GUAR 03/44 5.5 449
KINDER MORGAN ENER PART COMPANY GUAR 09/44 5.4 246
KINDER MORGAN INC/DELAWA COMPANY GUAR 06/25 4.3 151
LAFARGE SA SR UNSECURED 07/16 6.5 743
LLOYDS BANKING GROUP PLC SUBORDINATED 11/24 4.5 482
MACYS RETAIL HLDGS INC COMPANY GUAR 12/34 4.5 84

28

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Dodge & Cox MACYS RETAIL HLDGS INC COMPANY GUAR 07/24 6.65 $ 1,196
NEW JERSEY ST TURNPIKE AUTH NJSTRN 01/41 FIXED 7.102 447
NOKIA OYJ SR UNSECURED 05/19 5.375 345
NORDSTROM INC SR UNSECURED 01/18 6.25 271
PETROLEOS MEXICANOS COMPANY GUAR 06/35 6.625 782
PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/21 5.375 279
PETROBRAS GLOBAL FINANCE COMPANY GUAR 05/23 4.375 66
PETROBRAS GLOBAL FINANCE COMPANY GUAR 03/24 6.25 535
PETROLEOS MEXICANOS COMPANY GUAR 01/24 4.875 420
PETROLEOS MEXICANOS COMPANY GUAR 01/45 6.375 106
RELX CAPITAL INC COMPANY GUAR 01/19 8.625 700
ROYAL BK SCOTLND GRP PLC SUBORDINATED 12/23 6 565
ROYAL BK SCOTLND GRP PLC SUBORDINATED 12/22 6.125 653
NAVIENT CORP SR UNSECURED 06/18 8.45 400
NAVIENT CORP SR UNSECURED 01/16 6.25 125
NAVIENT CORP SR UNSECURED 01/17 6 359
NAVIENT CORP SR UNSECURED 09/17 4.625 49
SPRINT COMMUNICATIONS SR UNSECURED 12/16 6 674
STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND 718
TELECOM ITALIA CAPITAL COMPANY GUAR 06/19 7.175 700
TECK RESOURCES LIMITED COMPANY GUAR 02/43 5.4 147
TELECOM ITALIA CAPITAL COMPANY GUAR 07/36 7.2 227
TELECOM ITALIA CAPITAL COMPANY GUAR 06/18 6.999 324
TELECOM ITALIA CAPITAL COMPANY GUAR 06/38 7.721 209
TIME WARNER CABLE INC COMPANY GUAR 05/37 6.55 253
TIME WARNER CABLE INC COMPANY GUAR 04/19 8.25 1,349
TIME WARNER CABLE INC COMPANY GUAR 06/39 6.75 226
TRANSCANADA TRUST COMPANY GUAR 05/75 VAR 439
21ST CENTURY FOX AMERICA COMPANY GUAR 03/37 6.15 167
21ST CENTURY FOX AMERICA COMPANY GUAR 11/37 6.65 261
UNION PACIFIC RR CO 07 3 PASS THRU CE 01/31 6.176 553
US TREASURY N/B 03/19 1.625 2,264
US TREASURY N/B 10/17 0.875 2,846
US TREASURY N/B 11/24 2.25 85
US TREASURY N/B 09/20 1.375 983
US TREASURY N/B 10/18 0.875 989
US TREASURY N/B 11/20 1.625 3,181
US TREASURY N/B 05/19 1.5 325
US TREASURY N/B 07/19 1.625 1,430
US TREASURY N/B 06/20 1.625 1,872

29

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Dodge & Cox VERIZON COMMUNICATIONS SR UNSECURED 09/23 5.15 $ 797
VERIZON COMMUNICATIONS SR UNSECURED 09/43 6.55 89
VERIZON COMMUNICATIONS SR UNSECURED 03/24 4.15 642
VULCAN MATERIALS CO SR UNSECURED 06/21 7.5 460
ANTHEM INC SR UNSECURED 02/19 7 700
WELLS FARGO + COMPANY SR UNSECURED 04/21 4.6 327
WELLS FARGO + COMPANY SUBORDINATED 07/27 4.3 485
XEROX CORPORATION SR UNSECURED 02/17 6.75 996
ZOETIS INC SR UNSECURED 11/20 3.45 149
ZOETIS INC SR UNSECURED 11/25 4.5 303
Total Dodge & Cox 94,683
Institutional Capital Corporation ALLY FINANCIAL INC COMMON STOCK USD.1 4,782
AMERICAN EXPRESS CO COMMON STOCK USD.2 4,754
AMERICAN TOWER CORP REIT USD.01 4,401
AMERIPRISE FINANCIAL INC COMMON STOCK USD.01 4,565
APPLE INC COMMON STOCK USD.00001 5,457
BOEING CO/THE COMMON STOCK USD5. 4,457
CHEVRON CORP COMMON STOCK USD.75 6,524
CITIGROUP INC COMMON STOCK USD.01 4,048
COMCAST CORP CLASS A COMMON STOCK USD.01 5,325
DELTA AIR LINES INC COMMON STOCK USD.0001 3,161
EXPRESS SCRIPTS HOLDING CO COMMON STOCK USD.01 2,821
GENERAL ELECTRIC CO W/D COMMON STOCK USD.06 4,933
GRUPO TELEVISA SA SPON ADR ADR 2,421
HONEYWELL INTERNATIONAL INC COMMON STOCK USD1. 4,753
INTERCONTINENTAL EXCHANGE IN COMMON STOCK USD.01 5,036
JOHNSON CONTROLS INC COMMON STOCK USD.01388 4,571
LAS VEGAS SANDS CORP COMMON STOCK USD.001 3,682
LIBERTY MEDIA CORP C COMMON STOCK USD.01 1,978
MCKESSON CORP COMMON STOCK USD.01 5,382
MONSANTO CO COMMON STOCK USD.01 5,349
MOSAIC CO/THE COMMON STOCK USD.01 2,257
NORTHERN TRUST CORP COMMON STOCK USD1.667 4,572
NOVARTIS AG SPONSORED ADR ADR 5,061
OCCIDENTAL PETROLEUM CORP COMMON STOCK USD.2 3,593
OMNICOM GROUP COMMON STOCK USD.15 4,975
ORACLE CORP COMMON STOCK USD.01 6,275
STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND 2,765

30

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Institutional Capital Corporation TEVA PHARMACEUTICAL SP ADR ADR $ 2,961
VODAFONE GROUP PLC SP ADR ADR 1,565
WHIRLPOOL CORP COMMON STOCK USD1. 4,753
ALLERGAN PLC COMMON STOCK USD.0033 5,945
MALLINCKRODT PLC COMMON STOCK USD.2 2,892
MEDTRONIC PLC COMMON STOCK USD.1 4,235
PENTAIR PLC COMMON STOCK USD.01 3,412
Total Institutional Capital Corporation 143,661
Westwood Group AMC NETWORKS INC A COMMON STOCK 1,105
ALBEMARLE CORP COMMON STOCK USD.01 680
ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 1,111
APOGEE ENTERPRISES INC COMMON STOCK USD.333 831
ARRIS GROUP INC COMMON STOCK USD.01 593
BANKUNITED INC COMMON STOCK USD.01 1,201
B/E AEROSPACE INC COMMON STOCK USD.01 547
BOISE CASCADE CO COMMON STOCK USD.01 730
BOOZ ALLEN HAMILTON HOLDINGS COMMON STOCK USD.01 1,203
BROCADE COMMUNICATIONS SYS COMMON STOCK USD.001 871
CIT GROUP INC COMMON STOCK USD.01 1,088
CABLE ONE INC COMMON STOCK USD.01 542
CARDTRONICS INC COMMON STOCK USD.0001 1,454
CLUBCORP HOLDINGS INC COMMON STOCK USD.01 963
CONMED CORP COMMON STOCK USD.01 507
CONTINENTAL BUILDING PRODUCT COMMON STOCK USD.001 527
COOPER COS INC/THE COMMON STOCK USD.1 1,114
DARLING INGREDIENTS INC COMMON STOCK USD.01 404
DEAN FOODS CO COMMON STOCK USD.01 539
DICK S SPORTING GOODS INC COMMON STOCK USD.01 1,078
DILLARDS INC CL A COMMON STOCK 401
EAST WEST BANCORP INC COMMON STOCK USD.001 619
EDGEWELL PERSONAL CARE CO COMMON STOCK USD.01 556
ENERGIZER HOLDINGS INC COMMON STOCK 1,121
EQUIFAX INC COMMON STOCK USD1.25 1,036
FLIR SYSTEMS INC COMMON STOCK USD.01 1,154
FIRST FINANCIAL BANCORP COMMON STOCK 566
HAEMONETICS CORP/MASS COMMON STOCK USD.01 1,151
HALYARD HEALTH INC COMMON STOCK USD.01 1,036

31

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Westwood Group HOME BANCSHARES INC COMMON STOCK USD.01 $ 555
IAC/INTERACTIVECORP COMMON STOCK USD.001 1,003
INTEGRA LIFESCIENCES HOLDING COMMON STOCK USD.01 888
JARDEN CORP COMMON STOCK USD.01 994
J2 GLOBAL INC COMMON STOCK USD.01 1,943
KAPSTONE PAPER AND PACKAGING COMMON STOCK USD.0001 1,367
LANDSTAR SYSTEM INC COMMON STOCK USD.01 457
MATTEL INC COMMON STOCK USD1. 717
MEMORIAL RESOURCE DEVELOPMEN COMMON STOCK USD.01 596
HERMAN MILLER INC COMMON STOCK USD.2 1,089
ON SEMICONDUCTOR CORP COMMON STOCK USD.01 876
OPUS BANK COMMON STOCK 562
PDC ENERGY INC COMMON STOCK USD.01 641
PATTERSON COS INC COMMON STOCK USD.01 1,144
PERKINELMER INC COMMON STOCK USD1. 648
PITNEY BOWES INC COMMON STOCK USD1. 1,703
POLYONE CORPORATION COMMON STOCK USD.01 1,137
POTLATCH CORP REIT USD1. 792
PREMIER INC CLASS A COMMON STOCK USD.01 995
PRIVATEBANCORP INC COMMON STOCK 1,301
RSP PERMIAN INC COMMON STOCK USD.01 722
STAG INDUSTRIAL INC REIT USD.01 539
STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND 321
TELEFLEX INC COMMON STOCK USD1. 1,617
TIME INC COMMON STOCK USD.01 1,092
TREX COMPANY INC COMMON STOCK USD.01 544
TRUEBLUE INC COMMON STOCK 801
WATTS WATER TECHNOLOGIES A COMMON STOCK USD.1 64
WINTRUST FINANCIAL CORP COMMON STOCK 1,276
WOODWARD INC COMMON STOCK USD.00292 1,242
ZIONS BANCORPORATION COMMON STOCK 549
AMDOCS LTD COMMON STOCK GBP.0001 1,418
HELEN OF TROY LTD COMMON STOCK USD.1 791
AVG TECHNOLOGIES COMMON STOCK EUR.01 1,413
Total Westwood Group 56,525
Jackson Square Partners ABIOMED INC COMMON STOCK USD.01 2,636
AFFILIATED MANAGERS GROUP COMMON STOCK USD.01 1,664
ARISTA NETWORKS INC COMMON STOCK USD.0001 1,166

32

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Jackson Square Partners ATHENAHEALTH INC COMMON STOCK USD.01 $ 1,557
BIO TECHNE CORP COMMON STOCK USD.01 3,112
BLACKBAUD INC COMMON STOCK USD.001 3,777
DINEEQUITY INC COMMON STOCK USD.01 2,948
DUNKIN BRANDS GROUP INC COMMON STOCK USD.001 2,414
ELLIE MAE INC COMMON STOCK USD.0001 819
EQUITY COMMONWEALTH REIT USD.01 3,462
EXPEDITORS INTL WASH INC COMMON STOCK USD.01 2,365
GRACO INC COMMON STOCK USD1. 3,249
HEARTLAND PAYMENT SYSTEMS IN COMMON STOCK USD.001 2,556
J2 GLOBAL INC COMMON STOCK USD.01 3,473
LENDINGCLUB CORP COMMON STOCK USD.01 1,236
LIBERTY TRIPADVISOR HDG A COMMON STOCK USD.01 1,028
MSCI INC COMMON STOCK USD.01 3,044
NIC INC COMMON STOCK 1,670
OUTFRONT MEDIA INC REIT USD.01 2,190
PANDORA MEDIA INC COMMON STOCK USD.0001 1,216
QUOTIENT TECHNOLOGY INC COMMON STOCK USD.00001 495
SALLY BEAUTY HOLDINGS INC COMMON STOCK USD.01 3,662
SHUTTERSTOCK INC COMMON STOCK USD.01 1,166
STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND 2,418
VERIFONE SYSTEMS INC COMMON STOCK USD.01 2,650
WISDOMTREE INVESTMENTS INC COMMON STOCK USD.01 521
YELP INC COMMON STOCK USD.000001 496
ZEBRA TECHNOLOGIES CORP CL A COMMON STOCK USD.01 3,281
LOGITECH INTERNATIONAL REG COMMON STOCK CHF.25 2,160
SWISS FRANC 62
CORE LABORATORIES N.V. COMMON STOCK EUR.02 2,130
Total Jackson Square Partners Investments 64,623
Next Century ABIOMED INC COMMON STOCK USD.01 1,405
ACADIA HEALTHCARE CO INC COMMON STOCK USD.01 1,674
ADEPTUS HEALTH INC CLASS A COMMON STOCK USD.01 597
AKORN INC COMMON STOCK 1,621
ALIGN TECHNOLOGY INC COMMON STOCK USD.0001 570
ANACOR PHARMACEUTICALS INC COMMON STOCK USD.001 1,819
APOGEE ENTERPRISES INC COMMON STOCK USD.333 505
BLACKHAWK NETWORK HOLDINGS I COMMON STOCK USD.001 682

33

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Next Century BUFFALO WILD WINGS INC COMMON STOCK $ 543
CENTENE CORP COMMON STOCK USD.001 1,662
CHUY S HOLDINGS INC COMMON STOCK USD.01 604
COMSCORE INC COMMON STOCK USD.001 1,045
COSTAR GROUP INC COMMON STOCK USD.01 1,539
DR HORTON INC COMMON STOCK USD.01 842
DEPOMED INC COMMON STOCK 549
DEXCOM INC COMMON STOCK USD.001 278
DIAMONDBACK ENERGY INC COMMON STOCK USD.01 471
DIPLOMAT PHARMACY INC COMMON STOCK 891
ELLIE MAE INC COMMON STOCK USD.0001 1,445
FIESTA RESTAURANT GROUP COMMON STOCK USD.01 503
FITBIT INC A COMMON STOCK USD.0001 639
G III APPAREL GROUP LTD COMMON STOCK USD.01 1,274
GUIDEWIRE SOFTWARE INC COMMON STOCK USD.0001 1,406
HEALTHEQUITY INC COMMON STOCK USD.0001 875
HUNT (JB) TRANSPRT SVCS INC COMMON STOCK USD.01 1,005
IPG PHOTONICS CORP COMMON STOCK USD.0001 348
IMPERVA INC COMMON STOCK USD.0001 642
INTEGRATED DEVICE TECH INC COMMON STOCK USD.001 1,174
KANSAS CITY SOUTHERN COMMON STOCK USD.01 503
KATE SPADE + CO COMMON STOCK USD1.0 765
KNIGHT TRANSPORTATION INC COMMON STOCK USD.01 1,603
LOGMEIN INC COMMON STOCK USD.01 979
M/A COM TECHNOLOGY SOLUTIONS COMMON STOCK USD.001 842
MANHATTAN ASSOCIATES INC COMMON STOCK USD.01 624
MARCUS + MILLICHAP INC COMMON STOCK USD.0001 893
MARKETAXESS HOLDINGS INC COMMON STOCK USD.003 1,822
MAXIMUS INC COMMON STOCK 293
MOLINA HEALTHCARE INC COMMON STOCK USD.001 767
ON ASSIGNMENT INC COMMON STOCK USD.01 556
PRA GROUP INC COMMON STOCK USD.01 801
PACIRA PHARMACEUTICALS INC COMMON STOCK USD.001 1,034
PALO ALTO NETWORKS INC COMMON STOCK USD.0001 1,287
PAYCOM SOFTWARE INC COMMON STOCK USD.01 836
PROOFPOINT INC COMMON STOCK USD.0001 889
PROTO LABS INC COMMON STOCK USD.001 311
Q2 HOLDINGS INC COMMON STOCK USD.0001 643

34

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Next Century SHOPIFY INC CLASS A COMMON STOCK $ 570
SKECHERS USA INC CL A COMMON STOCK USD.001 370
STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND 415
TEAM HEALTH HOLDINGS INC COMMON STOCK USD.01 471
TOLL BROTHERS INC COMMON STOCK USD.01 539
ULTA SALON COSMETICS + FRAGR COMMON STOCK USD.01 1,292
ULTIMATE SOFTWARE GROUP INC COMMON STOCK USD.01 1,521
VEEVA SYSTEMS INC CLASS A COMMON STOCK USD.00001 733
VIRTUSA CORP COMMON STOCK USD.01 1,126
WABCO HOLDINGS INC COMMON STOCK USD.01 520
ZOE S KITCHEN INC COMMON STOCK USD.01 1,322
ESSENT GROUP LTD COMMON STOCK USD.015 1,247
FLEETMATICS GROUP PLC COMMON STOCK EUR.015 1,227
HORIZON PHARMA PLC COMMON STOCK USD.0001 858
Total Next Century 54,267
AJO Partners AARON S INC COMMON STOCK USD.5 286
ABERCROMBIE + FITCH CO CL A COMMON STOCK USD.01 52
AEGERION PHARMACEUTICALS INC COMMON STOCK USD.001 74
AEGION CORP COMMON STOCK USD.01 701
ALASKA AIR GROUP INC COMMON STOCK USD.01 696
AMERICAN AXLE + MFG HOLDINGS COMMON STOCK USD.01 198
ARGAN INC COMMON STOCK USD.15 348
ARMADA HOFFLER PROPERTIES IN REIT USD.01 248
ASHFORD HOSPITALITY PRIME IN REIT USD.01 143
ASHFORD HOSPITALITY TRUST REIT USD.01 694
ASPEN TECHNOLOGY INC COMMON STOCK USD.1 640
ASSURANT INC COMMON STOCK USD.01 606
ATLAS AIR WORLDWIDE HOLDINGS COMMON STOCK USD.01 157
ATWOOD OCEANICS INC COMMON STOCK USD1. 444
AVERY DENNISON CORP COMMON STOCK USD1. 66
AVON PRODUCTS INC COMMON STOCK USD.25 111
BANC OF CALIFORNIA INC COMMON STOCK USD.01 381
BERKSHIRE HILLS BANCORP INC COMMON STOCK USD.01 358
BIG LOTS INC COMMON STOCK USD.01 137
BLACK BOX CORP COMMON STOCK USD.001 45
BRAVO BRIO RESTAURANT GROUP COMMON STOCK 109
BRINK S CO/THE COMMON STOCK USD1. 137

35

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
AJO Partners BRISTOW GROUP INC COMMON STOCK USD.01 $ 121
CAI INTERNATIONAL INC COMMON STOCK USD.0001 62
CBL + ASSOCIATES PROPERTIES REIT USD.01 604
CMS ENERGY CORP COMMON STOCK USD.01 287
CARDINAL FINANCIAL CORP COMMON STOCK USD1. 160
CASH AMERICA INTL INC COMMON STOCK USD.1 702
CENTRAL GARDEN AND PET CO A COMMON STOCK USD.01 56
CHILDREN S PLACE INC/THE COMMON STOCK USD.1 88
COLLIERS INTERNATIONAL GROUP COMMON STOCK NPV 472
COMFORT SYSTEMS USA INC COMMON STOCK USD.01 173
COOPER TIRE + RUBBER COMMON STOCK USD1. 686
CORESITE REALTY CORP REIT USD.01 493
CUSTOMERS BANCORP INC COMMON STOCK USD1.0 196
DHI GROUP INC COMMON STOCK USD.01 41
DANA HOLDING CORP COMMON STOCK USD.01 61
DEAN FOODS CO COMMON STOCK USD.01 708
DECKERS OUTDOOR CORP COMMON STOCK USD.01 170
DOMINION DIAMOND CORP COMMON STOCK 124
DOMTAR CORP COMMON STOCK USD.01 634
EARTHLINK HOLDINGS CORP COMMON STOCK USD.01 124
EL PASO ELECTRIC CO COMMON STOCK 208
EMCOR GROUP INC COMMON STOCK USD.01 762
EMERGENT BIOSOLUTIONS INC COMMON STOCK USD.001 650
ENCORE CAPITAL GROUP INC COMMON STOCK USD.01 133
ENNIS INC COMMON STOCK USD2.5 287
ENTERPRISE FINANCIAL SERVICE COMMON STOCK USD.01 95
EXPRESS INC COMMON STOCK 630
EXTREME NETWORKS INC COMMON STOCK USD.001 251
FAIRPOINT COMMUNICATIONS INC COMMON STOCK USD.01 276
FEDERAL AGRIC MTG CORP CL C COMMON STOCK USD1. 115
FEDERATED NATIONAL HOLDING C COMMON STOCK USD.01 126
FIDELITY SOUTHERN CORP COMMON STOCK 202
FLAGSTAR BANCORP INC COMMON STOCK USD.01 708
GENERAL CABLE CORP COMMON STOCK USD.01 497
GENWORTH FINANCIAL INC CL A COMMON STOCK USD.001 250
GOODYEAR TIRE + RUBBER CO COMMON STOCK 269
GREAT PLAINS ENERGY INC COMMON STOCK 265
HCI GROUP INC COMMON STOCK 590

36

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
AJO Partners HAWAIIAN HOLDINGS INC COMMON STOCK USD.01 $ 283
HERSHA HOSPITALITY TRUST REIT USD.01 676
HIGHWOODS PROPERTIES INC REIT USD.01 499
HILL ROM HOLDINGS INC COMMON STOCK 482
HOSPITALITY PROPERTIES TRUST REIT USD.01 786
HUNTINGTON BANCSHARES INC COMMON STOCK USD.01 916
HUNTINGTON INGALLS INDUSTRIE COMMON STOCK USD.01 696
IAC/INTERACTIVECORP COMMON STOCK USD.001 221
INGREDION INC COMMON STOCK USD.01 41
INSIGHT ENTERPRISES INC COMMON STOCK USD.01 148
INSPERITY INC WD COMMON STOCK USD.01 279
INTELIQUENT INC COMMON STOCK USD.001 70
JABIL CIRCUIT INC COMMON STOCK USD.001 251
JETBLUE AIRWAYS CORP COMMON STOCK USD.01 375
JONES LANG LASALLE INC COMMON STOCK USD.01 745
KAISER ALUMINUM CORP COMMON STOCK USD.01 725
KRATON PERFORMANCE POLYMERS COMMON STOCK USD.01 547
LA Z BOY INC COMMON STOCK USD1. 108
LEAR CORP COMMON STOCK USD.01 515
LIGAND PHARMACEUTICALS COMMON STOCK USD.001 147
MGIC INVESTMENT CORP COMMON STOCK USD1. 559
MSG NETWORKS INC A COMMON STOCK USD.01 127
MYR GROUP INC/DELAWARE COMMON STOCK USD.01 155
MACK CALI REALTY CORP REIT USD.01 762
MASIMO CORP COMMON STOCK USD.001 155
MERCER INTERNATIONAL INC COMMON STOCK USD1. 279
MERITOR INC COMMON STOCK USD1. 265
MODINE MANUFACTURING CO COMMON STOCK USD.625 74
MOVADO GROUP INC COMMON STOCK USD.01 150
NRG ENERGY INC COMMON STOCK USD.01 251
NVR INC COMMON STOCK USD.01 164
NATIONAL FUEL GAS CO COMMON STOCK USD1. 140
NET 1 UEPS TECHNOLOGIES INC COMMON STOCK USD.001 393
NEUSTAR INC CLASS A COMMON STOCK USD.001 473
NEVSUN RESOURCES LTD COMMON STOCK 245
NORTHRIM BANCORP INC COMMON STOCK USD1. 14
OIL STATES INTERNATIONAL INC COMMON STOCK USD.01 191
OLD REPUBLIC INTL CORP COMMON STOCK USD1. 834

37

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
AJO Partners OMEGA PROTEIN CORP COMMON STOCK USD.01 $ 400
OWENS + MINOR INC COMMON STOCK USD2. 366
PNM RESOURCES INC COMMON STOCK 367
PENN NATIONAL GAMING INC COMMON STOCK USD.01 449
PENNYMAC FINANCIAL SERVICE A COMMON STOCK USD.0001 44
PHARMERICA CORP COMMON STOCK USD.01 67
PINNACLE WEST CAPITAL COMMON STOCK 181
PORTLAND GENERAL ELECTRIC CO COMMON STOCK 789
PROGRESS SOFTWARE CORP COMMON STOCK USD.01 152
QUALITY SYSTEMS INC COMMON STOCK USD.01 79
RLJ LODGING TRUST REIT 327
RE/MAX HOLDINGS INC CL A COMMON STOCK USD.0001 145
REGIONAL MANAGEMENT CORP COMMON STOCK USD.1 61
REINSURANCE GROUP OF AMERICA COMMON STOCK USD.01 817
RELIANCE STEEL + ALUMINUM COMMON STOCK 145
REPLIGEN CORP COMMON STOCK USD.01 38
RETAILMENOT INC COMMON STOCK USD.001 262
REX AMERICAN RESOURCES CORP COMMON STOCK USD.01 88
RYMAN HOSPITALITY PROPERTIES REIT USD.01 640
SANDERSON FARMS INC COMMON STOCK USD1. 65
SANMINA CORP COMMON STOCK USD.01 265
SCHWEITZER MAUDUIT INTL INC COMMON STOCK USD.1 101
SCICLONE PHARMACEUTICALS INC COMMON STOCK USD.001 92
SHUTTERFLY INC COMMON STOCK USD.0001 119
SKYWEST INC COMMON STOCK 47
SOUTHWEST GAS CORP COMMON STOCK USD1. 467
SPIRIT AEROSYSTEMS HOLD CL A COMMON STOCK USD.01 478
STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND 852
SUMMIT HOTEL PROPERTIES INC REIT 706
SUNSTONE HOTEL INVESTORS INC REIT USD.01 311
THL CREDIT INC COMMON STOCK USD.001 391
TAKE TWO INTERACTIVE SOFTWRE COMMON STOCK USD.01 684
TALEN ENERGY CORP COMMON STOCK USD.001 392
TOWER INTERNATIONAL INC COMMON STOCK USD.01 463
TRINITY INDUSTRIES INC COMMON STOCK USD.01 151
TRUEBLUE INC COMMON STOCK 172
UGI CORP COMMON STOCK 871
UNITED ONLINE INC WHEN ISSUE COMMON STOCK USD.0001 116

38

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
AJO Partners UNITED THERAPEUTICS CORP COMMON STOCK USD.01 $ 551
VECTREN CORP COMMON STOCK 484
WP GLIMCHER INC REIT USD.0001 69
WABASH NATIONAL CORP COMMON STOCK USD.01 727
WADDELL + REED FINANCIAL A COMMON STOCK USD.01 130
WALKER + DUNLOP INC COMMON STOCK 62
WEB.COM GROUP INC COMMON STOCK USD.001 456
XENIA HOTELS + RESORTS INC REIT USD.01 179
ZAGG INC COMMON STOCK USD.001 143
ASPEN INSURANCE HOLDINGS LTD COMMON STOCK USD.001514456 778
ASSURED GUARANTY LTD COMMON STOCK USD.01 780
AXIS CAPITAL HOLDINGS LTD COMMON STOCK USD.0125 200
CHIPMOS TECHNOLOGIES BERMUDA COMMON STOCK USD.01 347
ENSCO PLC CL A COMMON STOCK USD.1 533
EVEREST RE GROUP LTD COMMON STOCK USD.01 927
NOBLE CORP PLC COMMON STOCK USD.01 482
ROWAN COMPANIES PLC A COMMON STOCK USD.125 495
TSAKOS ENERGY NAVIGATION LTD COMMON STOCK USD1. 351
VALIDUS HOLDINGS LTD COMMON STOCK USD.175 806
ALLIED WORLD ASSURANCE CO COMMON STOCK USD12.98 199
ALTISOURCE PORTFOLIO SOL COMMON STOCK USD1. 228
MAGICJACK VOCALTEC LTD COMMON STOCK ILS.65 148
ORBOTECH LTD COMMON STOCK USD.14 445
AVG TECHNOLOGIES COMMON STOCK EUR.01 151
ORTHOFIX INTERNATIONAL NV COMMON STOCK USD.1 51
BANCO LATINOAMERICANO COME E COMMON STOCK 293
OCEAN RIG UDW INC COMMON STOCK USD.01 99
Total AJO Partners 54,922
Loomis Sayles ALIBABA GROUP HOLDING SP ADR ADR USD.000025 6,492
ALPHABET INC CL C COMMON STOCK USD.001 4,746
ALPHABET INC CL A COMMON STOCK USD.001 4,700
AMAZON.COM INC COMMON STOCK USD.01 11,220
AMERICAN EXPRESS CO COMMON STOCK USD.2 1,600
AMGEN INC COMMON STOCK USD.0001 3,629
ANALOG DEVICES INC COMMON STOCK USD.167 605
ARM HOLDINGS PLC SPONS ADR ADR 3,192
AUTODESK INC COMMON STOCK USD.01 4,252
AUTOMATIC DATA PROCESSING COMMON STOCK USD.1 1,342

39

Appendix of Schedule H - Schedule of Assets (Held at End of Year) December 31, 2015 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (e)
Identity of Issuer, Borrower, Lessor, or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value Current Value (in thousands)
Loomis Sayles CERNER CORP COMMON STOCK USD.01 $ 2,468
CISCO SYSTEMS INC COMMON STOCK USD.001 7,393
COCA COLA CO/THE COMMON STOCK USD.25 5,576
DANONE SPONS ADR ADR 5,731
EXPEDITORS INTL WASH INC COMMON STOCK USD.01 4,422
FACEBOOK INC A COMMON STOCK USD.000006 9,429
FACTSET RESEARCH SYSTEMS INC COMMON STOCK USD.01 3,084
GREENHILL + CO INC COMMON STOCK USD.01 522
LOWE S COS INC COMMON STOCK USD.5 2,349
MERCK + CO. INC. COMMON STOCK USD.5 2,026
MICROSOFT CORP COMMON STOCK USD.00000625 4,110
MONSTER BEVERAGE CORP COMMON STOCK 7,327
NOVARTIS AG SPONSORED ADR ADR 4,102
NOVO NORDISK A/S SPONS ADR ADR 5,736
ORACLE CORP COMMON STOCK USD.01 6,321
PROCTER + GAMBLE CO/THE COMMON STOCK 5,167
QUALCOMM INC COMMON STOCK USD.0001 5,363
SEI INVESTMENTS COMPANY COMMON STOCK USD.01 5,407
SABMILLER PLC SPONS ADR ADR 3,917
SCHLUMBERGER LTD COMMON STOCK USD.01 3,667
UNITED PARCEL SERVICE CL B COMMON STOCK USD.01 4,000
VARIAN MEDICAL SYSTEMS INC COMMON STOCK USD1. 3,376
VISA INC CLASS A SHARES COMMON STOCK USD.0001 8,210
YUM BRANDS INC COMMON STOCK 3,478
Total Loomis Sayles 154,959
Grand Total $ 749,516

40

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the Plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 27, 2016

EDISON 401 (K) SAVINGS PLAN
By: /s/ Jacqueline Trapp
Jacqueline Trapp
Chair of the Southern California Edison Company
Benefits Committee

41