Other Postretirement Benefits

9 Months Ended

Sep. 30, 2017

Total Periodic Benefit Cost

The components of the Companies’ total periodic other postretirement benefit costs for the three and nine months ended September 30, 2017 and 2016 were as follows:



	For the Three Months Ended September 30,
	Con Edison		CECONY
(Millions of Dollars)	2017	2016	2017	2016
Service cost	$5	$4	$3	$3
Interest cost on accumulated other postretirement benefit obligation	11	12	9	10
Expected return on plan assets	(17)	(19)	(15)	(17)
Recognition of net actuarial loss	1	1	—	1
Recognition of prior service cost	(5)	(5)	(3)	(3)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST	$(5)	$(7)	$(6)	$(6)
Cost capitalized	2	2	2	2
Reconciliation to rate level	(1)	7	—	6
Cost charged to operating expenses	$(4)	$2	$(4)	$2



	For the Nine Months Ended September 30,
	Con Edison		CECONY
(Millions of Dollars)	2017	2016	2017	2016
Service cost	$15	$13	$10	$10
Interest cost on accumulated other postretirement benefit obligation	34	36	28	30
Expected return on plan assets	(52)	(58)	(45)	(50)
Recognition of net actuarial loss/(gain)	2	4	(2)	2
Recognition of prior service cost	(13)	(15)	(9)	(11)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST	$(14)	$(20)	$(18)	$(19)
Cost capitalized	6	5	7	5
Reconciliation to rate level	(3)	20	(1)	19
Cost charged to operating expenses	$(11)	$5	$(12)	$5

Contributions

During the first nine months of 2017, Con Edison contributed $16 million, of which $8 million 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.