Other Postretirement Benefits

9 Months Ended

Sep. 30, 2016

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, 2016 and 2015 were as follows:

	For the Three Months Ended September 30,
	Con Edison		CECONY
(Millions of Dollars)	2016	2015	2016	2015
Service cost	$4	$5	$3	$4
Interest cost on accumulated other postretirement benefit obligation	12	13	10	11
Expected return on plan assets	(19)	(20)	(17)	(17)
Recognition of net actuarial loss	1	8	1	7
Recognition of prior service cost	(5)	(5)	(3)	(4)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST	$(7)	$1	$(6)	$1
Cost capitalized	2	(1)	2	(1)
Reconciliation to rate level	7	4	6	2
Cost charged to operating expenses	$2	$4	$2	$2

	For the Nine Months Ended September 30,
	Con Edison		CECONY
(Millions of Dollars)	2016	2015	2016	2015
Service cost	$13	$15	$10	$11
Interest cost on accumulated other postretirement benefit obligation	36	38	30	32
Expected return on plan assets	(58)	(59)	(50)	(51)
Recognition of net actuarial loss	4	24	2	21
Recognition of prior service cost	(15)	(15)	(11)	(10)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST	$(20)	$3	$(19)	$3
Cost capitalized	5	(2)	5	(2)
Reconciliation to rate level	20	12	19	5
Cost charged to operating expenses	$5	$13	$5	$6

Contributions

During the first nine months of 2016, the Companies contributed $6 million, nearly all of which was contributed by CECONY, to the other postretirement benefit plans. 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, 2016 and 2015 were as follows:

	For the Three Months Ended September 30,
	Con Edison		CECONY
(Millions of Dollars)	2016	2015	2016	2015
Service cost	$4	$5	$3	$4
Interest cost on accumulated other postretirement benefit obligation	12	13	10	11
Expected return on plan assets	(19)	(20)	(17)	(17)
Recognition of net actuarial loss	1	8	1	7
Recognition of prior service cost	(5)	(5)	(3)	(4)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST	$(7)	$1	$(6)	$1
Cost capitalized	2	(1)	2	(1)
Reconciliation to rate level	7	4	6	2
Cost charged to operating expenses	$2	$4	$2	$2

	For the Nine Months Ended September 30,
	Con Edison		CECONY
(Millions of Dollars)	2016	2015	2016	2015
Service cost	$13	$15	$10	$11
Interest cost on accumulated other postretirement benefit obligation	36	38	30	32
Expected return on plan assets	(58)	(59)	(50)	(51)
Recognition of net actuarial loss	4	24	2	21
Recognition of prior service cost	(15)	(15)	(11)	(10)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST	$(20)	$3	$(19)	$3
Cost capitalized	5	(2)	5	(2)
Reconciliation to rate level	20	12	19	5
Cost charged to operating expenses	$5	$13	$5	$6

Contributions

During the first nine months of 2016, the Companies contributed $6 million, nearly all of which was contributed by CECONY, to the other postretirement benefit plans. The Companies' policy is to fund the total periodic benefit cost of the plans to the extent tax deductible.