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, 2017

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, 2017 and 2016 and for the Year Ended December 31, 2017
















2



TABLE OF CONTENTS
Report of Independent Registered Public Accounting Firm
 
 
Financial Statements
 
 
Statements of Net Assets Available for Plan Benefits as of December 31, 2017 and 2016
 
Statement of Changes in Net Assets Available for Plan Benefits for the year ended December 31, 2017
 
Notes to Financial Statements
 
 
 
 
 
Supplemental Schedule
 
 
Form 5500, Schedule H, Line 4i-Schedule of Assets (Held at End of Year)
 
 
 
 
 
Signature
 
 
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

Plan Administrator and Participants
Edison 401(k) Savings Plan
Rosemead, California
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for plan benefits of the Edison 401(k) Savings Plan (the "Plan") as of December 31, 2017 and 2016, the related statement of changes in net assets available for plan benefits for the year ended December 31, 2017, and the related notes (collectively, the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the net assets available for plan benefits of the Plan as of December 31, 2017 and 2016, and the changes in net assets available for plan benefits for the year ended December 31, 2017, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on the Plan's financial statements based on our audits. We are a public accounting firm registered with the Public Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting 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.
Our audits included performing procedures to assess the risk of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by the Plan's management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

4



Supplemental Information
The supplemental information in the accompanying schedule of assets (held at end of year) as of December 31, 2017 has been subjected to audit procedures performed in conjunction with the audit of the Plan's financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements but included supplemental information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental information 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 information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, 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 information is fairly stated, in all material respects, in relation to the financial statements as a whole.


BDO USA, LLP
We have served as the Plan's auditor since 2001.
Costa Mesa, California
June 27, 2018


5











Financial Statements
____________________________________________________________________________________________________















6



Statements of Net Assets Available for Plan Benefits
Edison 401(k) Savings Plan
 
December 31,
(in thousands)
2017
 
2016
Assets
 
 
 
Investments, at fair value
$
4,351,785

 
$
4,030,786

Receivables
 
 
 
Notes receivable from participants
83,590

 
84,033

Dividends receivable
5,138

 
5,051

Receivable from brokers and other
4,199

 
2,284

Total receivables
92,927

 
91,368

Total assets
4,444,712

 
4,122,154

 
 
 
 
Liabilities
 
 
 
Payable to brokers and other
52,581

 
62,501

Total liabilities
52,581

 
62,501

 
 
 
 
Net assets available for plan benefits
$
4,392,131

 
$
4,059,653


See accompanying notes to financial statements.

7



Statement of Changes in Net Assets Available for Plan Benefits
Edison 401(k) Savings Plan
(in thousands)
For year ended
December 31, 2017
Additions
 
Investment income
 
Dividends
$
31,590

Interest income and other
11,197

Net appreciation in fair value of investments
464,104

Total investment income
506,891

Management fees
(7,916
)
Net investment income
498,975

Interest income on notes receivable from participants
3,646

Contributions
 
Employer contributions, net of forfeitures
70,479

Participant and rollover contributions
141,277

Total net contributions
211,756

Total additions
714,377

 
 
Deductions
 
Distributions to participants
381,899

Total deductions
381,899

 
 
Net increase
332,478

Net assets available for plan benefits
 
  Beginning of year
4,059,653

  End of year
$
4,392,131




See accompanying notes to financial statements.

8



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.
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. Effective September 24, 2015 for employees represented by International Brotherhood of Electrical Workers (IBEW) and effective March 4, 2016 for non-represented employees, 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, 2017 and 2016, the unused portion of forfeited non-vested accounts totaled $14,000 and $6,000, respectively. These accounts are used to reduce future employer contributions. During 2017, employer contributions were reduced by $1,184,000 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 Conduent Inc. 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.


9



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 4.23% to 10.51% as of December 31, 2017 and mature on various dates through January 2033. 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 $83,590,000 and $84,033,000 as of December 31, 2017 and 2016, 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.

10



Risks and Uncertainties
The Plan's investment in Edison International Common Stock amounted to approximately $542,680,000 and $638,628,000 as of December 31, 2017 and 2016, respectively. Such investments represented approximately 12% and 16% of the Plan's net assets as of December 31, 2017 and 2016, 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, 2017, and the quarterly report on Form 10-Q for the period ended March 31, 2018 of Edison International.

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 for tax purposes as deemed distributions for active participants or loan offsets for terminated participants and also reported as such in the Form 5500. For the year ended December 31, 2017, there were deemed distributions (excluding repayments) of $84,000 and loan offsets of $4,224,000 related to notes receivable from participants. The loan offsets are 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 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.


11



In June 2016, the FASB issued an accounting standards update to amend the guidance on the impairment of financial instruments. The new guidance adds an impairment model, known as the current expected credit loss model, which is based on expected losses rather than incurred losses. This guidance applies to debt instruments and trade receivables. This guidance is effective on January 1, 2021. The impact of adopting this new guidance is being evaluated.
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 2017 and 2016. 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 is 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.

12



The following presents information about the Plan's investments that are measured at fair value on a recurring basis as of December 31, 2017 and 2016, by level within the fair value hierarchy:
 
Investments at Fair Value as of December 31, 2017
(in thousands)
Level 1
 
Level 2
 
Level 3
 
NAV a
 
Total
Edison International common stock fund
$
534,864

 
$

 
$

 
$
7,816

 
$
542,680

Money market fund
4,417

 

 

 
368,333

 
372,750

Self-directed brokerage accounts
425,284

 
7,316

 

 

 
432,600

Mutual fund
226,813

 

 

 

 
226,813

Collective investment funds
26,092

 

 

 
1,989,332

 
2,015,424

Separate managed funds:
 
 
 
 
 
 
 
 
 
Cash and other short-term investments
1,426

 

 

 
11,707

 
13,133

Mutual funds

 

 

 
172

 
172

Fixed income securities b
59,537

 
172,537

 

 

 
232,074

Common and preferred stocks
505,182

 

 

 

 
505,182

Other
6,662

 
4,295

 

 

 
10,957

Total separate managed funds
572,807

 
176,832

 

 
11,879

 
761,518

Total investments at fair value
$
1,790,277

 
$
184,148

 
$

 
$
2,377,360

 
$
4,351,785

 
Investments at Fair Value as of December 31, 2016
(in thousands)
Level 1
 
Level 2
 
Level 3
 
NAV a
 
Total
Edison International common stock fund
$
635,952

 
$

 
$

 
$
2,676

 
$
638,628

Money market fund

 

 

 
457,729

 
457,729

Self-directed brokerage accounts
369,540

 
7,417

 

 

 
376,957

Mutual fund
181,527

 

 

 

 
181,527

Collective investment funds
179,636

 

 

 
1,594,584

 
1,774,220

Separate managed funds:
 
 
 
 
 
 
 
 
 
Cash and other short-term investments

 

 

 
15,214

 
15,214

Mutual funds
2,337

 

 

 
169

 
2,506

Fixed income securities b
48,563

 
168,896

 

 

 
217,459

Common and preferred stocks
345,772

 

 

 

 
345,772

Other

 
20,774

 

 

 
20,774

Total separate managed funds
396,672

 
189,670

 

 
15,383

 
601,725

Total investments at fair value
$
1,763,327

 
$
197,087

 
$

 
$
2,070,372

 
$
4,030,786

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 corporate bonds, 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 2017 and 2016.

13



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:
 
December 31, 2017
(in thousands)
Fair Value
 
Unfunded Commitments
 
Redemption Frequency
(if currently eligible)
 
Redemption Notice Period
Money market fund 1
$
387,856

 
Not applicable
 
Daily
 
None
Mutual fund 2
172

 
Not applicable
 
Daily
 
None
Collective investment funds 3
1,989,332

 
Not applicable
 
Daily
 
None
Total
$
2,377,360

 
 
 
 
 
 
 
December 31, 2016
(in thousands)
Fair Value
 
Unfunded Commitments
 
Redemption Frequency
(if currently eligible)
 
Redemption Notice Period
Money market fund 1
$
475,619

 
Not applicable
 
Daily
 
None
Mutual fund 2
169

 
Not applicable
 
Daily
 
None
Collective investment funds 3
1,594,584

 
Not applicable
 
Daily
 
None
Total
$
2,070,372

 
 
 
 
 
 
1 
For the years ended December 31, 2017 and 2016, the combined money market fund investments of $387,856 and $457,619, respectively, are all invested in the State Street Money Market Fund, including $11,707 and $15,214, respectively, in separate managed funds "Cash and short-term investments," and $7,816 and $2,676, respectively, 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 
For the years ended December 31, 2017 and 2016, 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 2500 index, and the MSCI AC World Index (excluding the U.S.). The collective investment funds also consist of equity index funds that seek to track the Russell 1000 value index for the year ended December 31, 2016.
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, 2017, all participants were able to choose from among 19 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.

14



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, real assets 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:
 
December 31,
(in thousands)
2017
 
2016
Net assets available for plan benefits per the financial statements
$
4,392,131

 
$
4,059,653

Less: Amounts allocated to withdrawing participants
(1,557
)
 
(1,662
)
Net assets available for plan benefits per the Form 5500
$
4,390,574

 
$
4,057,991

 
 
 
 
The following is a reconciliation of total deductions per the financial statements to the Form 5500:

(in thousands)
 
 
For year ended
December 31, 2017
Total deductions per the financial statements
 
 
$
381,899

Add: Amounts allocated to withdrawing participants at December 31, 2017
 
 
1,557

Less: Amounts allocated to withdrawing participants at December 31, 2016
 
 
(1,662
)
Benefits paid to participants per the Form 5500
 
 
$
381,794

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 $207,000 for 2017 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 $104,000 for 2017 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 Conduent Inc. of $677,000 for administrative and other services rendered to the Plan by the Plan Sponsor. These credits were used to reduce Conduent Inc.'s charge to the Plan Sponsor for services provided to the Plan.
See Note 10 below regarding Edison International Common Stock Fund dividend payments.

15



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 June 15, 2017 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, as amended, is designed in compliance with the applicable qualification requirements of the IRC, and that the Plan continues to be tax exempt. In addition, the Plan Administrator is not aware of any unaddressed operational issues for which corrective action is not being taken that will prevent the continuation of the Plan's qualified tax status.
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 $2,620,000 for the year ended December 31, 2017. On December 7, 2017, the Board of Directors of Edison International declared a common stock dividend of $0.6050 per share which was paid on January 31, 2018 to the shareholders of record as of December 29, 2017. As the record date was at year end, dividend income of $0.6050 per share amounting to approximately $5,137,000 was accrued and included in "Dividends receivable" in the accompanying financial statements at December 31, 2017. For the year ended December 31, 2016, $4,778,000 was accrued in dividend receivable and paid on January 31, 2017.

16











Supplemental Schedule
____________________________________________________________________________________________________















17





Form 5500 Schedule H, Line 4i - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
$
542,680

Money market fund
* 
State Street Bank & Trust Co.
 
Money market fund - collective instrument in the State Street Bank short-term income fund
 
372,750

Investment funds
 
BlackRock Global Investors
 
Collective investment in the core Standard & Poor 500 index fund
 
876,530

 
PIMCO***
 
Separate managed account in the core bond fund
 
148,809

 
BlackRock Global Investors
 
Collective investment in the core bond fund
 
99,134

 
Dodge & Cox***
 
Separate managed account in the core bond fund
 
100,994

 
Harding Loevner
 
Collective investment in the core international stock fund
 
224,882

 
Dodge & Cox
 
Mutual fund in the core international stock fund
 
226,813

 
BlackRock Global Investors
 
Collective investment in the core international stock fund
 
219,239

 
BlackRock Global Investors
 
Collective investment in the core Standard & Poor 500 index (large company stock) fund
 
200,529

 
Jackson Square Partners***
 
Separate managed account in the core U.S. small-medium company stock fund
 
52,738

 
BlackRock Global Investors
 
Collective investment in the core U.S. small-medium company stock fund
 
220,989

 
Next Century***
 
Separate managed account in the core U.S. small-medium company stock fund
 
9

 
AJO Partners***
 
Separate managed account in the core U.S. small-medium company stock fund
 
52,623

 
Loomis Sayles***
 
Separate managed account in the core U.S. large company stock fund
 
209,408

 
T. Rowe Price***
 
Separate managed account in the core U.S. large company stock fund
 
196,937

 
Blackrock Global Investors
 
Collective Investment in core real assets fund
 
65,494

 
Blackrock Global Investors
 
Collective Investment in global real estate investment trust fund
 
26,092

 
Blackrock Global Investors
 
Collective Investment in short term treasury inflation protected securities fund
 
60,004

 
Blackrock Global Investors
 
Collective Investment in the commodities fund
 
22,531

 
 
 
Total common collective and separate managed funds
 
3,003,755

Self-directed brokerage accounts
 
Charles Schwab
 
Self-directed brokerage accounts
 
432,600

 
 
 
Total investments
 
4,351,785

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 4.23% to 10.51%
 
83,590

 
 
 
Total
 
$
4,435,375

*  
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.



18



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
AT+T INC SR UNSECURED 03/24 3.8
 
$
922

 
 
 
AT+T INC SR UNSECURED 07/21 VAR
 
811

 
 
 
AT+T INC SR UNSECURED 08/24 3.4
 
804

 
 
 
ABBOTT LABORATORIES SR UNSECURED 11/19 2.35
 
200

 
 
 
ABBVIE INC SR UNSECURED 05/23 2.85
 
299

 
 
 
ACTIVISION BLIZZARD SR UNSECURED 06/22 2.6
 
298

 
 
 
AETNA INC SR UNSECURED 11/24 3.5
 
558

 
 
 
AIR LEASE CORP SR UNSECURED 09/23 3
 
298

 
 
 
AIR LEASE CORP SR UNSECURED 01/20 2.125
 
496

 
 
 
ALIBABA GROUP HOLDING SR UNSECURED 06/23 2.8
 
199

 
 
 
FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE
 
9,088

 
 
 
FNMA TBA 15 YR 3.5 SINGLE FAMILY MORTGAGE
 
1,031

 
 
 
FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE
 
5,126

 
 
 
FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE
 
409

 
 
 
FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE
 
4,797

 
 
 
ALLY FINANCIAL INC COMPANY GUAR 09/18 4.75
 
304

 
 
 
ALLY FINANCIAL INC COMPANY GUAR 01/19 3.5
 
302

 
 
 
ALLY FINANCIAL INC SR UNSECURED 03/20 4.125
 
408

 
 
 
AMERICAN TOWER CORP SR UNSECURED 01/22 2.25
 
292

 
 
 
AMGEN INC SR UNSECURED 05/19 2.2
 
650

 
 
 
AMGEN INC SR UNSECURED 05/20 VAR
 
301

 
 
 
ANTHEM INC SR UNSECURED 12/22 2.95
 
500

 
 
 
VEREIT OPERATING PARTNER COMPANY GUAR 02/19 3
 
201

 
 
 
BP CAPITAL MARKETS PLC COMPANY GUAR 08/18 VAR
 
400

 
 
 
BANK OF AMERICA CORP SR UNSECURED 05/18 5.65
 
304

 
 
 
BANK OF AMERICA CORP SR UNSECURED 01/23 3.3
 
307

 
 
 
BANK OF AMERICA CORP SR UNSECURED 01/23 VAR
 
507

 
 
 
BANK OF AMERICA CORP SR UNSECURED 07/21 VAR
 
299

 
 
 
BANK OF NY MELLON CORP SR UNSECURED 10/23 VAR
 
308

 
 
 
BANK OF NOVA SCOTIA COVERED 04/21 1.875
 
490

 
 
 
BARCLAYS PLC SR UNSECURED 08/21 3.2
 
302

 
 
 
BARCLAYS BANK PLC
 
300

 
 
 
BARCLAYS BANK PLC
 
300

 
 
 
BARCLAYS BANK PLC
 
500

 
 
 
BEAR STEARNS ADJUSTABLE RATE M BSARM 2004 10 11A1
 
288

 
 
 
BECTON DICKINSON AND CO SR UNSECURED 06/22 VAR
 
302

 
 
 
BOC AVIATION LTD SR UNSECURED REGS 09/22 2.75
 
196

 
 
 
CBS CORP COMPANY GUAR 02/23 2.5
 
293

 
 
 
CIT GROUP INC SR UNSECURED 02/19 3.875
 
303

 
 
 
CSAIL COMMERCIAL MORTGAGE TRUS CSAIL 2015 C3 ASB
 
514


19



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2004 28CB 5A1
 
$
184

 
 
 
COUNTRYWIDE HOME LOANS CWHL 2004 HYB2 6A
 
114

 
 
 
CALIFORNIA ST CAS 04/47 FLOATING VAR
 
404

 
 
 
CAPITAL ONE FINANCIAL CO SR UNSECURED 05/20 VAR
 
502

 
 
 
CAPITAL ONE MULTI ASSET EXECUT COMET 2016 A1 A1
 
301

 
 
 
CARDINAL HEALTH INC SR UNSECURED 11/19 2.4
 
500

 
 
 
CARDINAL HEALTH INC SR UNSECURED 06/22 2.616
 
393

 
 
 
CARLISLE COS INC SR UNSECURED 12/24 3.5
 
101

 
 
 
CHICAGO IL CHI 01/22 FIXED 5.63
 
203

 
 
 
CHICAGO IL CHI 01/42 FIXED OID 7.75
 
222

 
 
 
CITIGROUP INC SR UNSECURED 06/19 VAR
 
302

 
 
 
CITIGROUP INC SR UNSECURED 04/22 2.75
 
599

 
 
 
CITIGROUP INC SR UNSECURED 07/23 VAR
 
199

 
 
 
CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 8 3A1
 
203

 
 
 
CONSTELLATION BRANDS INC COMPANY GUAR 05/22 2.7
 
299

 
 
 
EXELON CORP SR UNSECURED 12/20 5.15
 
319

 
 
 
CRED SUIS GP FUN LTD COMPANY GUAR 09/22 3.8
 
619

 
 
 
CROWN CASTLE INTL CORP SR UNSECURED 04/22 4.875
 
107

 
 
 
D.R. HORTON INC COMPANY GUAR 02/20 4
 
309

 
 
 
DXC TECHNOLOGY CO SR UNSECURED 03/21 VAR
 
601

 
 
 
DELTA AIR LINES INC SR UNSECURED 03/22 3.625
 
102

 
 
 
DELTA AIR LINES INC SR UNSECURED 03/20 2.875
 
201

 
 
 
DEUTSCHE BANK NY SR UNSECURED 11/22 3.3
 
497

 
 
 
DEUTSCHE BANK AG SR UNSECURED 05/19 VAR
 
509

 
 
 
DISCOVERY COMMUNICATIONS COMPANY GUAR 09/19 VAR
 
101

 
 
 
DISCOVERY COMMUNICATIONS COMPANY GUAR 03/23 2.95
 
99

 
 
 
DISH DBS CORP COMPANY GUAR 09/19 7.875
 
428

 
 
 
DISH DBS CORP COMPANY GUAR 04/18 4.25
 
703

 
 
 
EMC CORP SR UNSECURED 06/18 1.875
 
796

 
 
 
EMC CORP SR UNSECURED 06/20 2.65
 
99

 
 
 
EQT CORP SR UNSECURED 10/22 3
 
594

 
 
 
EBAY INC SR UNSECURED 01/23 VAR
 
502

 
 
 
EMERA US FINANCE LP COMPANY GUAR 06/21 2.7
 
100

 
 
 
ENBRIDGE INC SR UNSECURED 06/20 VAR
 
303

 
 
 
ENBRIDGE INC SR UNSECURED 01/20 VAR
 
200

 
 
 
ENERGY TRANSFER PARTNERS COMPANY GUAR 04/19 9
 
324

 
 
 
EXELON GENERATION CO LLC SR UNSECURED 03/22 3.4
 
203

 
 
 
FREDDIE MAC NOTES 09/18 1.15
 
498

 
 
 
FANNIE MAE NOTES 08/19 1.25
 
297

 
 
 
FANNIE MAE FNR 2012 55 PC
 
1,748


20



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
FANNIE MAE FNR 2013 36 JI
 
$
161

 
 
 
FANNIE MAE FNR 2015 38 DF
 
161

 
 
 
FANNIE MAE FNR 2015 87 BF
 
178

 
 
 
FNMA POOL 257290 FN 07/18 FIXED 4.5
 
35

 
 
 
FHLMC MULTIFAMILY STRUCTURED P FHMS KF11 A
 
283

 
 
 
FREDDIE MAC NOTES 10/19 1.25
 
593

 
 
 
FNMA POOL 469379 FN 11/21 FIXED 3.14
 
3,328

 
 
 
FNMA POOL 471600 FN 06/22 FIXED 2.64
 
289

 
 
 
FNMA POOL AH8434 FN 04/41 FIXED 5
 
10

 
 
 
FNMA POOL AL1983 FN 05/22 FIXED VAR
 
437

 
 
 
FNMA POOL AL5853 FN 05/44 FIXED VAR
 
563

 
 
 
FNMA POOL AL8946 FN 08/46 FIXED VAR
 
2,574

 
 
 
FNMA POOL AW3558 FN 05/29 FIXED 3
 
271

 
 
 
FANNIE MAE FNR 2004 10 ZB
 
64

 
 
 
FREDDIE MAC FHR 2882 ZC
 
13

 
 
 
FNMA POOL 725236 FN 03/34 FIXED VAR
 
9

 
 
 
FNMA POOL 888638 FN 09/37 FIXED VAR
 
226

 
 
 
FNMA POOL 894948 FN 08/36 FIXED 6
 
17

 
 
 
FNMA POOL 995279 FN 12/38 FIXED VAR
 
12

 
 
 
FNMA POOL AE0515 FN 04/40 FIXED VAR
 
18

 
 
 
FIDELITY NATIONAL INFORM SR UNSECURED 10/20 3.625
 
44

 
 
 
FIDELITY NATIONAL INFORM SR UNSECURED 08/21 2.25
 
25

 
 
 
FIRSTENERGY CORP SR UNSECURED 07/22 2.85
 
297

 
 
 
FLEX LTD SR UNSECURED 02/23 5
 
321

 
 
 
FORD MOTOR CREDIT CO LLC SR UNSECURED 01/18 VAR
 
500

 
 
 
FORD MOTOR CREDIT CO LLC SR UNSECURED 10/18 2.551
 
301

 
 
 
FORD MOTOR CREDIT CO LLC SR UNSECURED 01/21 3.2
 
304

 
 
 
GATX CORP SR UNSECURED 07/19 2.5
 
299

 
 
 
GENERAL MOTORS CO SR UNSECURED 10/18 3.5
 
202

 
 
 
GENERAL MOTORS CO SR UNSECURED 08/20 VAR
 
101

 
 
 
GENERAL MOTORS FINL CO COMPANY GUAR 01/19 3.1
 
302

 
 
 
GENERAL MOTORS FINL CO COMPANY GUAR 01/22 VAR
 
102

 
 
 
GENERAL MOTORS FINL CO COMPANY GUAR 01/22 3.45
 
405

 
 
 
GENESIS ENERGY LP/GENESI COMPANY GUAR 02/21 5.75
 
204

 
 
 
GOLDMAN SACHS GROUP INC SR UNSECURED 07/24 3.85
 
985

 
 
 
GOLDMAN SACHS GROUP INC SR UNSECURED 07/23 VAR
 
303

 
 
 
GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H11 F
 
281

 
 
 
GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H09 FB
 
412

 
 
 
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H16 FM
 
333

 
 
 
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FB
 
167


21



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FC
 
$
517

 
 
 
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H22 FC
 
412

 
 
 
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H30 FB
 
350

 
 
 
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H29 FA
 
463

 
 
 
HSBC HOLDINGS PLC SR UNSECURED 05/21 2.95
 
503

 
 
 
HSBC USA INC SR UNSECURED 08/18 VAR
 
502

 
 
 
HARRIS CORPORATION SR UNSECURED 12/20 4.4
 
314

 
 
 
HOSPITALITY PROPERTIES T SR UNSECURED 02/21 4.25
 
207

 
 
 
IMPAC SECURED ASSETS CORP. IMSA 2006 5 2A
 
173

 
 
 
INDYMAC INDA MORTGAGE LOAN TRU INDA 2005 AR1 3A1
 
319

 
 
 
INTERCONTINENTALEXCHANGE COMPANY GUAR 12/20 2.75
 
404

 
 
 
INTL BK RECON + DEVELOP SR UNSECURED 10/20 2
 
795

 
 
 
INTL LEASE FINANCE CORP SR UNSECURED 05/19 6.25
 
314

 
 
 
INTL LEASE FINANCE CORP SR UNSECURED 01/22 8.625
 
241

 
 
 
JP MORGAN MORTGAGE TRUST JPMMT 2005 A5 2A2
 
821

 
 
 
JPMORGAN CHASE + CO SR UNSECURED 03/21 VAR
 
309

 
 
 
JPMORGAN CHASE + CO SR UNSECURED 06/21 2.4
 
398

 
 
 
JPMORGAN CHASE + CO SR UNSECURED 04/23 VAR
 
601

 
 
 
KLA TENCOR CORP SR UNSECURED 11/21 4.125
 
104

 
 
 
KLA TENCOR CORP SR UNSECURED 11/24 4.65
 
325

 
 
 
KINDER MORGAN INC COMPANY GUAR 01/23 VAR
 
203

 
 
 
LAM RESEARCH CORP SR UNSECURED 03/25 3.8
 
520

 
 
 
MASCO CORP SR UNSECURED 03/20 7.125
 
43

 
 
 
MASTR ASSET BACKED SECURITIES MABS 2006 AM1 A3
 
101

 
 
 
MCCORMICK + CO SR UNSECURED 08/24 3.15
 
302

 
 
 
MERRILL LYNCH MORTGAGE INVESTO MLMI 2003 A2 2A2
 
41

 
 
 
MLCC MORTGAGE INVESTORS INC MLCC 2004 G A1
 
66

 
 
 
MITSUBISHI UFJ FIN GRP SR UNSECURED 09/21 2.19
 
491

 
 
 
MITSUBISHI UFJ FIN GRP SR UNSECURED 07/22 2.665
 
297

 
 
 
MIZUHO FINANCIAL GROUP SR UNSECURED 09/21 2.273
 
491

 
 
 
MIZUHO FINANCIAL GROUP SR UNSECURED 02/22 VAR
 
202

 
 
 
MIZUHO FINANCIAL GROUP SR UNSECURED 09/22 VAR
 
503

 
 
 
MOLSON COORS BREWING CO COMPANY GUAR 07/21 2.1
 
98

 
 
 
MORGAN STANLEY SR UNSECURED 07/22 VAR
 
302

 
 
 
MORGAN STANLEY SR UNSECURED 01/22 VAR
 
305

 
 
 
MORGAN STANLEY CAPITAL INC MSAC 2004 WMC2 M1
 
204

 
 
 
MORGAN STANLEY SR UNSECURED 05/19 7.3
 
426

 
 
 
MORGAN STANLEY SR UNSECURED 10/24 3.7
 
387

 
 
 
MYLAN NV COMPANY GUAR 12/18 3
 
402

 
 
 
NABORS INDUSTRIES INC COMPANY GUAR 09/20 5
 
299


22



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
NASDAQ INC SR UNSECURED 03/19 VAR
 
$
500

 
 
 
NATIONAL AUSTRALIA BK/NY SR UNSECURED 07/21 1.875
 
391

 
 
 
NAVIENT CORP SR UNSECURED 07/21 6.625
 
317

 
 
 
NEW JERSEY ST ECON DEV AUTH RE NJSDEV 06/21 FIXED 4.521
 
308

 
 
 
NORTHROP GRUMMAN CORP SR UNSECURED 01/25 2.93
 
298

 
 
 
NORTHROP GRUMMAN CORP SR UNSECURED 10/22 2.55
 
298

 
 
 
OWENS CORNING COMPANY GUAR 12/24 4.2
 
262

 
 
 
PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/22 6.125
 
637

 
 
 
PIMCO FDS SHORT TERM FLTG NAV MUTUAL FUND
 
173

 
 
 
PLAINS ALL AMER PIPELINE SR UNSECURED 01/20 5.75
 
316

 
 
 
PLAINS ALL AMER PIPELINE SR UNSECURED 11/24 3.6
 
292

 
 
 
PROGRESS ENERGY INC SR UNSECURED 03/19 7.05
 
317

 
 
 
QVC INC SR SECURED 07/22 5.125
 
212

 
 
 
QUALCOMM INC SR UNSECURED 01/23 VAR
 
300

 
 
 
REALTY INCOME CORP SR UNSECURED 10/22 3.25
 
102

 
 
 
RELX CAPITAL INC COMPANY GUAR 01/19 8.625
 
212

 
 
 
ENRGY TRANS PT/REG FIN COMPANY GUAR 09/20 5.75
 
319

 
 
 
SLC STUDENT LOAN TRUST SLCLT 2006 2 A5
 
534

 
 
 
NAVIENT CORP SR UNSECURED 01/19 5.5
 
305

 
 
 
SLM STUDENT LOAN TRUST SLMA 2005 3 A5
 
357

 
 
 
SLM CORP SR UNSECURED 04/22 5.125
 
104

 
 
 
SLC STUDENT LOAN TRUST SLCLT 2010 1 A
 
64

 
 
 
SABINE PASS LIQUEFACTION SR SECURED 02/21 5.625
 
322

 
 
 
SABINE PASS LIQUEFACTION SR SECURED 03/22 6.25
 
111

 
 
 
SAN FRANCISCO CITY CNTY CA C SFOCTF 11/41 FIXED 6.487
 
2,041

 
 
 
SANTANDER UK GROUP HLDGS SR UNSECURED 08/21 2.875
 
200

 
 
 
SHIRE ACQ INV IRELAND DA COMPANY GUAR 09/21 2.4
 
689

 
 
 
SOUTHERN CO SR UNSECURED 06/20 2.75
 
403

 
 
 
SOUTHWESTERN ENERGY CO SR UNSECURED 01/25 6.7
 
338

 
 
 
SPECTRA ENERGY PARTNERS SR UNSECURED 06/20 VAR
 
101

 
 
 
SPRINGLEAF FINANCE CORP COMPANY GUAR 12/19 5.25
 
412

 
 
 
SPRINT CAPITAL CORP COMPANY GUAR 05/19 6.9
 
314

 
 
 
STRUCTURED ADJUSTABLE RATE MOR SARM 2004 12 9A
 
265

 
 
 
STRUCTURED ADJUSTABLE RATE MOR SARM 2005 2 A2
 
94

 
 
 
STRUCTURED ASSET SECURITIES CO SASC 2004 13 2A1
 
394

 
 
 
SUMITOMO MITSUI FINL GRP SR UNSECURED 07/21 2.058
 
490

 
 
 
SUMITOMO MITSUI FINL GRP SR UNSECURED 10/21 2.442
 
396

 
 
 
SUMITOMO MITSUI FINL GRP SR UNSECURED 07/22 VAR
 
301

 
 
 
TECH DATA CORP SR UNSECURED 02/22 3.7
 
301

 
 
 
TELEFONICA EMISIONES SAU COMPANY GUAR 07/19 5.877
 
315


23



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
TELEFONICA EMISIONES SAU COMPANY GUAR 04/20 5.134
 
$
318

 
 
 
TEVA PHARMACEUTICALS NE COMPANY GUAR 07/18 1.4
 
397

 
 
 
TEVA PHARMACEUTICALS NE COMPANY GUAR 07/19 1.7
 
97

 
 
 
TEVA PHARMACEUTICALS NE COMPANY GUAR 07/23 2.8
 
435

 
 
 
THORNBURG MORTGAGE SECURITIES TMST 2006 5 A1
 
84

 
 
 
TIME WARNER CABLE LLC SR SECURED 02/19 8.75
 
640

 
 
 
TIME WARNER CABLE LLC SR SECURED 04/19 8.25
 
534

 
 
 
TRIUMPH GROUP INC COMPANY GUAR 04/21 4.875
 
197

 
 
 
TYSON FOODS INC SR UNSECURED 06/20 VAR
 
302

 
 
 
UBS AG STAMFORD CT SR UNSECURED 06/20 VAR
 
304

 
 
 
TSY INFL IX N/B 04/28 3.625
 
400

 
 
 
TSY INFL IX N/B 01/25 2.375
 
137

 
 
 
TSY INFL IX N/B 01/29 2.5
 
557

 
 
 
US TREASURY N/B 02/40 4.625
 
1,064

 
 
 
US TREASURY N/B 05/40 4.375
 
387

 
 
 
TSY INFL IX N/B 02/42 0.75
 
110

 
 
 
US TREASURY N/B 11/42 2.75
 
1,308

 
 
 
US TREASURY N/B 05/43 2.875
 
206

 
 
 
US TREASURY N/B 05/44 3.375
 
4,376

 
 
 
US TREASURY N/B 08/44 3.125
 
4,944

 
 
 
US TREASURY N/B 11/44 3
 
2,521

 
 
 
TSY INFL IX N/B 02/45 0.75
 
526

 
 
 
TSY INFL IX N/B 02/46 1
 
2,180

 
 
 
US TREASURY N/B 07/24 2.125
 
1,414

 
 
 
US TREASURY N/B 08/27 2.25
 
2,859

 
 
 
US TREASURY N/B 11/27 2.25
 
1,112

 
 
 
US TREASURY N/B 12/21 2.125
 
2,314

 
 
 
US TREASURY N/B 03/22 1.75
 
205

 
 
 
US TREASURY N/B 08/22 1.875
 
505

 
 
 
US TREASURY N/B 09/22 1.75
 
1,185

 
 
 
US TREASURY N/B 11/21 1.75
 
6,114

 
 
 
US TREASURY N/B 02/27 2.25
 
5,039

 
 
 
US TREASURY N/B 08/23 2.5
 
709

 
 
 
US TREASURY N/B 04/22 1.75
 
253

 
 
 
US TREASURY N/B 05/27 2.375
 
393

 
 
 
US TREASURY N/B 06/22 2.125
 
892

 
 
 
US TREASURY N/B 07/22 2
 
330

 
 
 
UNITED TECHNOLOGIES CORP SR UNSECURED 05/20 1.9
 
297

 
 
 
UNITEDHEALTH GROUP INC SR UNSECURED 12/19 2.3
 
602

 
 
 
SWAP CCPC BANK OF AMERICA COC SWAP CASH COLLATERAL
 
49


24



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
VERIZON COMMUNICATIONS SR UNSECURED 09/23 5.15
 
$
334

 
 
 
VERIZON COMMUNICATIONS SR UNSECURED 03/22 3.125
 
608

 
 
 
VERIZON COMMUNICATIONS SR UNSECURED 03/22 VAR
 
306

 
 
 
VERIZON COMMUNICATIONS SR UNSECURED 05/20 VAR
 
201

 
 
 
VIACOM INC SR UNSECURED 12/19 2.75
 
257

 
 
 
CCBOSZUS6 BOA CCPC COC CCBOSZUS6 BOA CCPC COC
 
343

 
 
 
VMWARE INC SR UNSECURED 08/20 2.3
 
298

 
 
 
VMWARE INC SR UNSECURED 08/22 2.95
 
199

 
 
 
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR11 A1A
 
29

 
 
 
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR2 2A21
 
296

 
 
 
WELLS FARGO + COMPANY SR UNSECURED 01/23 VAR
 
306

 
 
 
WELLS FARGO + COMPANY SR UNSECURED 02/22 VAR
 
405

 
 
 
WELLS FARGO + COMPANY SR UNSECURED 12/20 2.55
 
402

 
 
 
WELLS FARGO MORTGAGE BACKED SE WFMBS 2003 E A1
 
241

 
 
 
WELLS FARGO HOME EQUITY TRUST WFHET 2005 2 M5
 
116

 
 
 
WELLS FARGO MORTGAGE BACKED SE WFMBS 2005 AR12 1A1
 
239

 
 
 
WELLS FARGO BANK NA SR UNSECURED 12/19 VAR
 
505

 
 
 
WESTPAC BANKING CORP SR UNSECURED 08/21 2
 
393

 
 
 
WEYERHAEUSER CO SR UNSECURED 10/19 7.375
 
433

 
 
 
WILLIAMS PARTNERS LP SR UNSECURED 03/22 3.6
 
511

 
 
 
BOA FUTURES COC BOA FUTURES CCBOSXUS1
 
175

 
 
 
ZIMMER BIOMET HOLDINGS SR UNSECURED 11/21 3.375
 
101

 
 
 
EUROSAIL PLC ESAIL 2006 2X A2C REGS
 
245

 
 
 
ALBA PLC ALBA 2006 2 A3B REGS
 
261

 
 
 
RMAC SECURITIES PLC RMACS 2006 NS4X A3A REGS
 
332

 
 
 
SWAP JP MORGAN BOC SWAP CASH COLLATERAL USD
 
(70
)
 
 
 
SWAP UBS COC SWAP CASH COLLATERAL USD
 
60

 
 
 
SWPC02DJ8 CDS USD R F 1.00000
 
2,317

 
 
 
SWPC02DJ8 CDS USD P V 03MOTC
 
(2,300
)
 
 
 
SWPC02J45 CDS USD R F .11000 1 ABX
 
901

 
 
 
SWPC02J45 CDS USD P V 01MEVENT 2 ABX
 
(978
)
 
 
 
SWPC02J52 CDS USD R F .11000 1 ABX
 
258

 
 
 
SWPC02J52 CDS USD P V 01MEVENT 2 ABX
 
(279
)
 
 
 
SWPC31J02 CDS USD R F 5.00000 FIX CDXTRANCHE
 
274

 
 
 
SWPC31J02 CDS USD P V 03MEVENT FLO CDXTRANCHE
 
(250
)
 
 
 
BWU00D7P7 IRS USD R V 03MLIBOR CCP CME
 
8,700

 
 
 
BWU00D7P7 IRS USD P F 2.75000 CCP CME
 
(9,021
)
 
 
 
BWU00DAF5 IRS USD R V 03MLIBOR SWUV0DAF7 CCPVANILLA
 
2,800

 
 
 
BWU00DAF5 IRS USD P F 2.00000 SWU00DAF5 CCPVANILLA
 
(2,797
)
 
 
 
SWPC0AJI6 CDS USD R F 1.00000 FIX CORPORATE
 
298


25



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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 P V 03MEVENT FLO CORPORATE
 
$
(300
)
 
 
 
BWU00FDQ3 IRS USD R V 03MLIBOR SWUV0FDQ5 CCPVANILLA
 
600

 
 
 
BWU00FDQ3 IRS USD P F 2.15000 SWU00FDQ3 CCPVANILLA
 
(591
)
 
 
 
BWU00FLJ0 IRS USD R V 03MLIBOR SWUV0FLJ2 CCPVANILLA
 
400

 
 
 
BWU00FLJ0 IRS USD P F 2.50000 SWU00FLJ0 CCPVANILLA
 
(394
)
 
 
 
SWPC0C0U5 CDS USD R F .50000 1 CMBX
 
503

 
 
 
SWPC0C0U5 CDS USD P V 01MEVENT 2 CMBX
 
(500
)
 
 
 
SWPC0C1D2 CDS USD R F .50000 1 CMBX
 
701

 
 
 
SWPC0C1D2 CDS USD P V 01MEVENT 2 CMBX
 
(700
)
 
 
 
SWU00GP62 IRS MXN R F 5.99000 SWU00GP62 CCPVANILLA
 
36

 
 
 
SWU00GP62 IRS MXN P V 01MTIIE SWUV0GP64 CCPVANILLA
 
(41
)
 
 
 
SWPC0CRI3 CDS USD R F 1.00000 FIX SOVEREIGN
 
101

 
 
 
SWPC0CRI3 CDS USD P V 03MEVENT FLO SOVEREIGN
 
(100
)
 
 
 
SWPC0D819 CDS USD R F 1.00000 FIX SOVEREIGN
 
609

 
 
 
SWPC0D819 CDS USD P V 03MEVENT FLO SOVEREIGN
 
(600
)
 
 
 
BWU00INI4 IRS USD R V 03MLIBOR SWUV0INI6 CCPVANILLA
 
300

 
 
 
BWU00INI4 IRS USD P F 2.25000 SWU00INI4 CCPVANILLA
 
(279
)
 
 
 
BWU00INB9 IRS USD R V 03MLIBOR SWUV0INB1 CCPVANILLA
 
5,900

 
 
 
BWU00INB9 IRS USD P F 1.75000 SWU00INB9 CCPVANILLA
 
(5,602
)
 
 
 
SWPC0CJV3 CDS USD R F 1.00000 FIX SOVEREIGN
 
406

 
 
 
SWPC0CJV3 CDS USD P V 03MEVENT FLO SOVEREIGN
 
(400
)
 
 
 
BWU00ISZ1 IRS USD R V 03MLIBOR SWUV0ISZ3 CCPVANILLA
 
3,300

 
 
 
BWU00ISZ1 IRS USD P F 1.45000 SWU00ISZ1 CCPVANILLA
 
(3,243
)
 
 
 
SWU00HEY1 IRS MXN R F 6.08000 SWU00HEY1 CCPVANILLA
 
399

 
 
 
SWU00HEY1 IRS MXN P V 01MTIIE SWUV0HEY3 CCPVANILLA
 
(450
)
 
 
 
SWPC0DU30 CDS USD R F 1.00000 1 CCPCORPORATE
 
102

 
 
 
SWPC0DU30 CDS USD P V 03MEVENT 2 CCPCORPORATE
 
(100
)
 
 
 
SWPCCDX67 CDS USD R F 5.00000 FIX CDXTRANCHE
 
58

 
 
 
SWPCCDX67 CDS USD P V 03MEVENT FLO CDXTRANCHE
 
(50
)
 
 
 
SWPC0E4G8 CDS USD R F 5.00000 1 CCPCORPORATE
 
215

 
 
 
SWPC0E4G8 CDS USD P V 03MEVENT 2 CCPCORPORATE
 
(200
)
 
 
 
SWPC0EAN6 CDS USD R F 5.00000 1 CCPCORPORATE
 
108

 
 
 
SWPC0EAN6 CDS USD P V 03MEVENT 2 CCPCORPORATE
 
(100
)
 
 
 
SWPC0E882 CDS USD R F 1.00000 1 CCPCORPORATE
 
204

 
 
 
SWPC0E882 CDS USD P V 03MEVENT 2 CCPCORPORATE
 
(200
)
 
 
 
SWPC0DQH4 CDS USD R F 1.00000 1 CCPCORPORATE
 
304

 
 
 
SWPC0DQH4 CDS USD P V 03MEVENT 2 CCPCORPORATE
 
(300
)
 
 
 
SWPC0F152 CDS USD R F 5.00000 1 CCPCORPORATE
 
118

 
 
 
SWPC0F152 CDS USD P V 03MEVENT 2 CCPCORPORATE
 
(100
)
 
 
 
BWU00KWQ1 IRS GBP R V 06MLIBOR SWUV0KWQ3 CCPVANILLA
 
1,488


26



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
BWU00KWQ1 IRS GBP P F 1.75000 SWU00KWQ1 CCPVANILLA
 
$
(1,606
)
 
 
 
SWU00K7W6 IRS MXN R F 7.32000 SWU00K7W6 CCPVANILLA
 
452

 
 
 
SWU00K7W6 IRS MXN P V 01MTIIE SWUV0K7W8 CCPVANILLA
 
(460
)
 
 
 
BWU00KLH3 IRS USD R V 03MLIBOR SWUV0KLH5 CCPVANILLA
 
4,800

 
 
 
BWU00KLH3 IRS USD P F 1.25000 SWU00KLH3 CCPVANILLA
 
(4,648
)
 
 
 
SWU00L506 IRS MXN R F 7.74000 SWU00L506 CCPVANILLA
 
272

 
 
 
SWU00L506 IRS MXN P V 01MTIIE SWUV0L508 CCPVANILLA
 
(276
)
 
 
 
SWPC0FA52 CDS USD R F 1.00000 1 CCPCDX
 
3,680

 
 
 
SWPC0FA52 CDS USD P V 03MEVENT 2 CCPCDX
 
(3,600
)
 
 
 
BWU00JF67 IRS JPY R V 06MLIBOR SWUV0JF69 CCPVANILLA
 
2,841

 
 
 
BWU00JF67 IRS JPY P F .00000 SWU00JF67 CCPVANILLA
 
(2,777
)
 
 
 
SWPC0FJM6 CDS USD R F 1.00000 FIX SOVEREIGN
 
201

 
 
 
SWPC0FJM6 CDS USD P V 03MEVENT FLO SOVEREIGN
 
(200
)
 
 
 
SWPC0FIV7 CDS USD R F 1.00000 1 CCPCORPORATE
 
306

 
 
 
SWPC0FIV7 CDS USD P V 03MEVENT 2 CCPCORPORATE
 
(300
)
 
 
 
BWU00LT75 IRS USD R V 03MLIBOR SWUV0LT77 CCPVANILLA
 
10,600

 
 
 
BWU00LT75 IRS USD P F 2.00000 SWU00LT75 CCPVANILLA
 
(10,586
)
 
 
 
SWPC0FY98 CDS USD R F 1.00000 FIX SOVEREIGN
 
201

 
 
 
SWPC0FY98 CDS USD P V 03MEVENT FLO SOVEREIGN
 
(200
)
 
 
 
BWU00M7Q5 IRS USD R V 03MLIBOR SWUV0M7Q7 CCPVANILLA
 
2,000

 
 
 
BWU00M7Q5 IRS USD P F 2.00000 SWU00M7Q5 CCPVANILLA
 
(1,972
)
 
 
 
BWU00M7R3 IRS USD R V 03MLIBOR SWUV0M7R5 CCPVANILLA
 
4,400

 
 
 
BWU00M7R3 IRS USD P F 2.00000 SWU00M7R3 CCPVANILLA
 
(4,341
)
 
 
 
BWU00MID2 IRS GBP R V 06MLIBOR SWUV0MID4 CCPVANILLA
 
2,300

 
 
 
BWU00MID2 IRS GBP P F 1.00000 SWU00MID2 CCPVANILLA
 
(2,292
)
 
 
 
BWU00MO45 IRS JPY R V 06MLIBOR SWUV0MO47 CCPVANILLA
 
2,841

 
 
 
BWU00MO45 IRS JPY P F .30000 SWU00MO45 CCPVANILLA
 
(2,848
)
 
 
 
BWPC0G6Z9 CDS EUR R V 03MEVENT 2 CCPITRAXX
 
1,261

 
 
 
BWPC0G6Z9 CDS EUR P F 1.00000 1 CCPITRAXX
 
(1,295
)
 
 
 
SWPC0G796 CDS USD R F 1.00000 1 CCPCDX
 
102

 
 
 
SWPC0G796 CDS USD P V 03MEVENT 2 CCPCDX
 
(100
)
 
 
 
SWU00MX45 IRS BRL R F 8.18000 SWU00MX45 CCPNDFPREDISWAP
 
3,238

 
 
 
SWU00MX45 IRS BRL P V 00MBRCDI SWUV0MX47 CCPNDFPREDISWAP
 
(3,226
)
 
 
 
SWPCDX027 CDS USD R F 5.00000 FIX CDXTRANCHE
 
117

 
 
 
SWPCDX027 CDS USD P V 03MEVENT FLO CDXTRANCHE
 
(100
)
 
 
 
SWPC0GCR0 CDS USD R F 1.00000 1 CCPCORPORATE
 
204

 
 
 
SWPC0GCR0 CDS USD P V 03MEVENT 2 CCPCORPORATE
 
(200
)
 
 
 
90DAY EUR FUTR SEP18 XCME 20180917
 
(4,898
)
 
 
 
317U393M9 IRO USD 5Y P 2.25000 OCT19 2.25 PUT
 
(147
)
 
 
 
317U394M8 IRO USD 30Y P 2.5400 OCT19 2.54 PUT
 
113


27



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
317U516M1 IRO USD 5Y P 2.75000 NOV19 2.75 PUT
 
$
(69
)
 
 
 
317U517M0 IRO USD 30Y P 2.9000 NOV19 2.90 PUT
 
59

 
 
 
317U540M1 IRO USD 2Y C 1.65000 NOV18 1.65 CALL
 
2

 
 
 
317U541M0 IRO USD 10Y C 2.0000 NOV18 2 CALL
 
(6
)
 
 
 
31750C4X5 OTC ECAL USD VS JPY APR17 120 CALL
 
34

 
 
 
317U455N2 IRO USD 10Y P 2.6950 JUN18 2.695 PUT
 
7

 
 
 
317U457N0 IRO USD 10Y P 2.7000 JUN18 2.7 PUT
 
5

 
 
 
317U857N6 IRO USD 5Y P 2.74000 SEP19 2.74 PUT
 
(89
)
 
 
 
317U858N5 IRO USD 30Y P 3.1535 SEP19 3.1535 PUT
 
56

 
 
 
RXH8C165.50 MAR18 165.50 CALL FSO
 
(1
)
 
 
 
317U222P9 IRO USD 10Y C 2.2000 NOV18 2.2 CALL
 
(11
)
 
 
 
317U223P8 IRO USD 2Y C 2.00000 NOV18 2 CALL
 
24

 
 
 
317U224P7 IRO USD 10Y C 2.2100 NOV18 2.21 CALL
 
(11
)
 
 
 
31750CM49 OTC ECAL EUR VS USD JAN18 1.216 CALL
 
(1
)
 
 
 
317U257P7 IRO USD 10Y C 2.1800 NOV18 2.18 CALL
 
(11
)
 
 
 
317U265P7 IRO USD 10Y CB DEC18 2.17250 CALL
 
(11
)
 
 
 
317U264P8 IRO USD 2Y C 2.00000 DEC18 2 CALL
 
8

 
 
 
RXH8P161.5 MAR18 161.5 PUT FSO
 
(9
)
 
 
 
317U292P4 IRO USD 30Y P 2.9300 DEC19 2.93 PUT
 
47

 
 
 
317U291P5 IRO USD 5Y P 2.75000 DEC19 2.75 PUT
 
(50
)
 
 
 
31750CO88 OTC ECAL USD VS MXN 19.6 GLM
 
(4
)
 
 
 
31750COU9 OTC ECAL USD VS BRL JAN18 3.4 CALL
 
(2
)
 
 
 
KBC BANK NV SUBORDINATED REGS 01/23 VAR
 
201

 
 
 
OOREDOO TAMWEEL LTD SR UNSECURED REGS 12/18 3.039
 
201

 
 
 
LETRA TESOURO NACIONAL BILLS 04/18 0.00000
 
771

 
 
 
REPUBLIC OF ARGENTINA BONDS 04/22 VAR
 
3

 
 
 
REPUBLIC OF ARGENTINA BONDS 06/20 VAR
 
51

 
 
 
JAPAN TREASURY DISC BILL BILLS 01/18 0.00000
 
1,154

 
 
 
JAPAN TREASURY DISC BILL BILLS 01/18 0.00000
 
1,997

 
 
 
90DAY STERLING FU MAR18 IFLL 20180321
 
(6,558
)
 
 
 
US 2YR NOTE (CBT) MAR18 XCBT 20180329
 
(24,837
)
 
 
 
US 5YR NOTE (CBT) MAR18 XCBT 20180329
 
12,081

 
 
 
US LONG BOND(CBT) MAR18 XCBT 20180320
 
1,071

 
 
 
US 10YR FUT OPTN MAR18P 122.5 EXP 02/23/2018
 
(1
)
 
 
 
US 10YR FUT OPTN MAR18P 123 EXP 02/23/2018
 
(1
)
 
 
 
US 10YR NOTE (CBT)MAR18 XCBT 20180320
 
18,359

 
 
 
ARGENTINE PESO
 
3

 
 
 
AUBURN SECURITIES PLC AUBN 5 A2 REGS
 
185

 
 
 
TESCO PLC SR UNSECURED REGS 03/23 5
 
608

 
 
 
NEWGATE FUNDING PLC NGATE 2006 3X A3A REGS
 
298


28



Appendix of Schedule H - Schedule of Assets (Held at End of Year)
December 31, 2017
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
 
ALPHA STAR HOLDING LTD COMPANY GUAR REGS 04/19 4.97
 
$
302

 
 
 
VALEANT PHARMACEUTICALS COMPANY GUAR REGS 05/23 4.5
 
215

 
 
 
CANADIAN DOLLAR
 
25

 
 
 
DANISH KRONE
 
1

 
 
 
EURO CURRENCY
 
28

 
 
 
CSN ISLANDS XI CORP COMPANY GUAR REGS 09/19 6.875
 
95