Financial Information by Business Segment

3 Months Ended

Mar. 31, 2020

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 months ended March 31, 2020 and 2019 were as follows:



	For the Three Months Ended March 31,
	Operating revenues		Inter-segment revenues				Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2020	2019	2020		2019		2020	2019	2020	2019
CECONY
Electric	$1,770	$1,797	$4		$4		$297	$257	$282	$257
Gas	834	921	2		2		71	55	369	344
Steam	250	321	19		18		22	22	91	125
Consolidation adjustments	—	—	(25)		(24)		—	—	—	—
Total CECONY	$2,854	$3,039		$—		$—	$390	$334	$742	$726
O&R
Electric	$136	$145		$—		$—	$16	$15	$14	$16
Gas	97	113	—		—		6	6	41	38
Total O&R	$233	$258		$—		$—	$22	$21	$55	$54
Clean Energy Businesses	$146	$217		$—		$—	$57	$58	$14	$11
Con Edison Transmission	1	1	—		—		1	—	(2)	(2)
Other (a)	—	(1)	—		—		—	—	(1)	(3)
Total Con Edison	$3,234	$3,514		$—		$—	$470	$413	$808	$786

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