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Other Postretirement Benefits
 9 Months Ended
Sep. 30, 2015
Defined Benefit Plan Disclosure [Line Items]  
Other Postretirement Benefits
Other Postretirement Benefits
Total Periodic Benefit Cost
The components of the Companies’ total periodic other postretirement benefit costs for the three and nine months ended September 30, 2015 and 2014 were as follows:
 
 
For the Three Months Ended September 30,
  
          Con Edison
          CECONY
(Millions of Dollars)
2015
2014
2015
2014
Service cost
$5
$5
$4
$4
Interest cost on accumulated other postretirement benefit obligation
13
15
11
13
Expected return on plan assets
(20)
(19)
(17)
(17)
Recognition of net actuarial loss
8
14
7
13
Recognition of prior service cost
(5)
(5)
(4)
(4)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST
$1
$10
$1
$9
Cost capitalized
(1)
(4)
(1)
(4)
Reconciliation to rate level
4
3
2
1
Cost charged to operating expenses
$4
$9
$2
$6


 
 
For the Nine Months Ended September 30,
  
          Con Edison
          CECONY
(Millions of Dollars)
2015
2014
2015
2014
Service cost
$15
$14
$11
$11
Interest cost on accumulated other postretirement benefit obligation
38
45
32
39
Expected return on plan assets
(59)
(58)
(51)
(51)
Recognition of net actuarial loss
24
43
21
38
Recognition of prior service cost
(15)
(14)
(10)
(11)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST
$3
$30
$3
$26
Cost capitalized
(2)
(11)
(2)
(10)
Reconciliation to rate level
12
8
5
2
Cost charged to operating expenses
$13
$27
$6
$18


Contributions
The Companies made a contribution of $6 million, nearly all of which is for CECONY, to the other postretirement benefit plans in 2015. The Companies’ policy is to fund the total periodic benefit cost of the plans to the extent tax deductible.
CECONY  
Defined Benefit Plan Disclosure [Line Items]  
Other Postretirement Benefits
Other Postretirement Benefits
Total Periodic Benefit Cost
The components of the Companies’ total periodic other postretirement benefit costs for the three and nine months ended September 30, 2015 and 2014 were as follows:
 
 
For the Three Months Ended September 30,
  
          Con Edison
          CECONY
(Millions of Dollars)
2015
2014
2015
2014
Service cost
$5
$5
$4
$4
Interest cost on accumulated other postretirement benefit obligation
13
15
11
13
Expected return on plan assets
(20)
(19)
(17)
(17)
Recognition of net actuarial loss
8
14
7
13
Recognition of prior service cost
(5)
(5)
(4)
(4)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST
$1
$10
$1
$9
Cost capitalized
(1)
(4)
(1)
(4)
Reconciliation to rate level
4
3
2
1
Cost charged to operating expenses
$4
$9
$2
$6


 
 
For the Nine Months Ended September 30,
  
          Con Edison
          CECONY
(Millions of Dollars)
2015
2014
2015
2014
Service cost
$15
$14
$11
$11
Interest cost on accumulated other postretirement benefit obligation
38
45
32
39
Expected return on plan assets
(59)
(58)
(51)
(51)
Recognition of net actuarial loss
24
43
21
38
Recognition of prior service cost
(15)
(14)
(10)
(11)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST
$3
$30
$3
$26
Cost capitalized
(2)
(11)
(2)
(10)
Reconciliation to rate level
12
8
5
2
Cost charged to operating expenses
$13
$27
$6
$18


Contributions
The Companies made a contribution of $6 million, nearly all of which is for CECONY, to the other postretirement benefit plans in 2015. The Companies’ policy is to fund the total periodic benefit cost of the plans to the extent tax deductible.