Financial Information by Business Segment (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Financial Data for Business Segments

The financial data for the business segments for the three and nine months ended September 30, 2023 and 2022 were as follows:

	For the Three Months Ended September 30,
	Operating revenues		Inter-segment revenues		Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2023	2022	2023	2022	2023	2022	2023	2022
CECONY
Electric	$3,223	$3,077	$4	$5	$352	$324	$867	$843
Gas	318	414	2	2	108	93	(108)	(40)
Steam	49	58	19	19	25	24	(80)	(65)
Consolidation adjustments	—	—	(25)	(26)	—	—	—	—
Total CECONY	$3,590	$3,549	$—	$—	$485	$441	$679	$738
O&R
Electric	$246	$252	$—	$—	$19	$18	59	$61
Gas	35	39	—	—	7	7	(11)	(10)
Total O&R	$281	$291	$—	$—	$26	$25	$48	$51
Clean Energy Businesses (a)	$—	$325	$—	$—	$—	$60	—	$104
Con Edison Transmission	1	1	—	—	1	—	(2)	(2)
Other (b)	—	(1)	—	—	—	(1)	(3)	(2)
Total Con Edison	$3,872	$4,165	$—	$—	$512	$525	$722	$889

(a) On March 1, 2023, Con Edison completed the sale of substantially all of the assets of the Clean Energy Businesses. As a result of this sale, the Clean Energy Businesses are no longer a principal segment. See Note S and Note T.

(b) Other includes the parent company, Con Edison’s tax equity investments, the deferred project held for sale and consolidation adjustments. Other does not represent a business segment. See Note T.

	For the Nine Months Ended September 30,
	Operating revenues		Inter-segment revenues		Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2023	2022	2023	2022	2023	2022	2023	2022
CECONY
Electric	$7,722	$7,401	$14	$14	$1,035	$994	$1,292	$1,233
Gas	2,140	2,127	6	6	319	275	533	511
Steam	425	444	55	57	74	72	(75)	(15)
Consolidation adjustments	—	—	(75)	(77)	—	—	—	—
Total CECONY	$10,287	$9,972	$—	$—	$1,428	$1,341	$1,750	$1,729
O&R
Electric	$588	$594	$—	$—	$56	$53	$73	$85
Gas	215	219	—	—	22	20	27	25
Total O&R	$803	$813	$—	$—	$78	$73	$100	$110
Clean Energy Businesses (a)	$129	$857	$—	$—	$—	$178	$37	$248
Con Edison Transmission	3	3	—	—	1	1	(6)	(8)
Other (b)	(3)	(6)	—	—	(1)	—	864	(5)
Total Con Edison	$11,219	$11,639	$—	$—	$1,506	$1,593	$2,745	$2,074

(a) On March 1, 2023, Con Edison completed the sale of substantially all of the assets of the Clean Energy Businesses. As a result of this sale, the Clean Energy Businesses are no longer a principal segment. See Note S and Note T.

(b) Other includes the parent company, Con Edison’s tax equity investments, the deferred project held for sale and consolidation adjustments. Other does not represent a business segment. See Note T.