Financial Information by Business Segment

6 Months Ended

Jun. 30, 2019

Financial Information by Business Segment

Con Edison’s principal business segments are CECONY’s regulated utility activities, O&R’s regulated utility activities, the Clean Energy Businesses and Con Edison Transmission. CECONY’s principal business segments are its regulated electric, gas and steam utility activities. The financial data for the business segments for the three and six months ended June 30, 2019 and 2018 were as follows:



	For the Three Months Ended June 30,
	Operating revenues		Inter-segment revenues				Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2019	2018	2019		2018		2019	2018	2019	2018
CECONY
Electric	$1,833	$1,807	$5		$4		$261	$243	$314	$318
Gas	408	435	2		2		56	51	94	82
Steam	90	96	16		18		22	22	(32)	(18)
Consolidation adjustments	—	—	(23)		(24)		—	—	—	—
Total CECONY	$2,331	$2,338		$—		$—	$339	$316	$376	$382
O&R
Electric	$138	$144		$—		$—	$15	$14	$16	$18
Gas	41	54	—		—		6	5	(3)	5
Total O&R	$179	$198		$—		$—	$21	$19	$13	$23
Clean Energy Businesses	$233	$158		$—		$—	$58	$19	$72	$24
Con Edison Transmission	1	1	—		—		—	—	(2)	(1)
Other (a)	—	1	—		—		—	—	(1)	(2)
Total Con Edison	$2,744	$2,696		$—		$—	$418	$354	$458	$426

(a) Parent company and consolidation adjustments. Other does not represent a business segment.



	For the Six Months Ended June 30,
	Operating revenues			Inter-segment revenues				Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2019		2018	2019		2018		2019	2018	2019	2018
CECONY
Electric	$3,630		$3,536	$9		$8		$518	$483	$571	$571
Gas	1,330		1,276	3		4		111	100	438	404
Steam	411		410	35		37		44	43	92	112
Consolidation adjustments	—		—	(47)		(49)		—	—	—	—
Total CECONY	$5,371		$5,222		$—		$—	$673	$626	$1,101	$1,087
O&R
Electric	$283		$293		$—		$—	$30	$28	$31	$26
Gas	154		152	—		—		12	10	36	42
Total O&R	$437		$445		$—		$—	$42	$38	$67	$68
Clean Energy Businesses	450		391	—		—		116	38	83	33
Con Edison Transmission	2		2	—		—		—	—	(3)	(3)
Other (a)	(2	)	—	—		—		—	—	(4)	(5)
Total Con Edison	$6,258		$6,060		$—		$—	$831	$702	$1,244	$1,180

(a) Parent company and consolidation adjustments. Other does not represent a business segment.