Schedule I - Condensed Financial Information

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule I - Condensed Financial Information

Schedule I

Condensed Financial Information of Consolidated Edison, Inc. (a)

Condensed Statement of Income and Comprehensive Income

(Parent Company Only)

	For the Years Ended December 31,
(Millions of Dollars, except per share amounts)	2016	2015	2014
Equity in earnings of subsidiaries	$1,254	$1,195	$1,101
Other income (deductions), net of taxes	32	27	19
Interest expense	(41)	(29)	(28)
Net Income	$1,245	$1,193	$1,092
Comprehensive Income	$1,252	$1,204	$1,072
Net Income Per Share – Basic	$4.15	$4.07	$3.73
Net Income Per Share – Diluted	$4.12	$4.05	$3.71
Dividends Declared Per Share	$2.68	$2.60	$2.52
Average Number Of Shares Outstanding—Basic (In Millions)	300.4	293.0	292.9
Average Number Of Shares Outstanding—Diluted (In Millions)	301.9	294.4	294.0

(a) These financial statements, in which Con Edison’s subsidiaries have been included using the equity method, should be read together with its consolidated financial statements and the notes thereto appearing above.

Condensed Financial Information of Consolidated Edison, Inc. (a)

Condensed Statement of Cash Flows

(Parent Company Only)

	For the Years Ended December 31,
(Millions of Dollars)	2016	2015	2014
Net Income	$1,245	$1,193	$1,092
Equity in earnings of subsidiaries	(1,254)	(1,195)	(1,101)
Dividends received from:
CECONY	744	872	712
O&R	43	81	40
Clean Energy Businesses	10	8	8
Change in Assets:
Special deposits	—	—	314
Income taxes receivable	87	58	(224)
Other – net	(152)	(382)	(199)
Net Cash Flows from Operating Activities	723	635	642
Investing Activities
Contributions to subsidiaries	(691)	(15)	(1)
Long term debt receivable from affiliated companies	(900)	—	—
Net Cash Flows Used in Investing Activities	(1,591)	(15)	(1)
Financing Activities
Net proceeds of short-term debt	(53)	162	101
Issuance of long-term debt	900	—	—
Retirement of long-term debt	(2)	(2)	(2)
Debt issuance costs	(5)	—	—
Issuance of common shares for stock plans, net of repurchases	51	1	(10)
Issuance of common shares - public offering	702	—	—
Common stock dividends	(763)	(733)	(739)
Net Cash Flows Used in Financing Activities	830	(572)	(650)
Net Change for the Period	(38)	48	(9)
Balance at Beginning of Period	51	3	12
Balance at End of Period	$13	$51	$3

(a) These financial statements, in which Con Edison’s subsidiaries have been included using the equity method, should be read together with its consolidated financial statements and the notes thereto appearing above.

Condensed Financial Information of Consolidated Edison, Inc. (a)

Condensed Balance Sheet

(Parent Company Only)

	December 31,
(Millions of Dollars)	2016	2015
Assets
Current Assets
Cash and temporary cash investments	$13	$51
Special deposits	1	1
Accounts receivable – other	—	4
Income taxes receivable	79	166
Accounts receivable from affiliated companies	702	517
Prepayments	24	34
Other current assets	18	17
Total Current Assets	837	790
Investments in subsidiaries	13,991	12,737
Goodwill	406	406
Deferred income tax	42	11
Long term debt receivable from affiliated companies	900	—
Other noncurrent assets (b)	16	7
Total Assets	$16,192	$13,951
Liabilities and Shareholders’ Equity
Current Liabilities
Long-term debt due within one year	$2	$2
Notes payable	384	437
Accounts Payable	1	—
Accounts payable to affiliated companies	288	146
Accrued taxes	7	—
Other current liabilities	14	10
Total Current Liabilities	696	595
Total Liabilities	696	595
Long-term debt (b)	1,198	304
Shareholders’ Equity
Common stock, including additional paid-in capital	5,887	5,062
Retained earnings	8,411	7,990
Total Shareholders’ Equity	14,298	13,052
Total Liabilities and Shareholders’ Equity	$16,192	$13,951

(a) These financial statements, in which Con Edison’s subsidiaries have been included using the equity method, should be read together with its consolidated financial statements and the notes thereto appearing above.