Capitalization (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Maturities

Long-term debt maturing in the period 2020-2024 is as follows:

(Millions of Dollars)	Con Edison		CECONY
2020	$518	(a)	$350
2021	1,967		640
2022	437		—
2023	316		—
2024	385		250

(a)

Amount shown includes $73 million of PG&E-related project debt that is amortizing and scheduled to be repaid in 2020. Amount shown does not include $928 million of PG&E-related project debt that, as a result of the PG&E bankruptcy, was reclassified during the first quarter of 2019 on Con Edison’s consolidated balance sheet from long-term debt to long-term debt due within one year. See “Long-Lived and Intangible Assets” in Note A.

Carrying Amounts and Fair Values of Long-Term Debt

The carrying amounts and fair values of long-term debt at December 31, 2019 and 2018 are:

(Millions of Dollars)	2019		2018
Long-Term Debt (including current portion) (a)	Carrying Amount	Fair Value	Carrying Amount	Fair Value
Con Edison	$19,973	$22,738	$18,145	$18,740
CECONY	$14,964	$17,505	$14,151	$14,685

(a)

Amounts shown are net of unamortized debt expense and unamortized debt discount of $178 million and $151 million for Con Edison and CECONY, respectively, as of December 31, 2019 and $185 million and $139 million for Con Edison and CECONY, respectively, as of December 31, 2018.