Financial Information by Business Segment

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Financial Information by Business Segment

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, 2020 and 2019 were as follows:

	For the Three Months Ended June 30,
	Operating revenues		Inter-segment revenues				Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2020	2019	2020		2019		2020	2019	2020	2019
CECONY
Electric	$1,845	$1,833	$4		$5		$301	$261	$318	$314
Gas	416	408	2		2		72	56	105	94
Steam	84	90	19		16		23	22	(34)	(32)
Consolidation adjustments	—	—	(25)		(23)		—	—	—	—
Total CECONY	$2,345	$2,331		$—		$—	$396	$339	$389	$376
O&R
Electric	$138	$138		$—		$—	$16	$15	$13	$16
Gas	37	41	—		—		7	6	(3)	(3)
Total O&R	$175	$179		$—		$—	$23	$21	$10	$13
Clean Energy Businesses	$198	$233		$—		$—	$57	$58	$82	$72
Con Edison Transmission	1	1	—		—		—	—	(1)	(2)
Other (a)	—	—	—		—		—	—	(1)	(1)
Total Con Edison	$2,719	$2,744		$—		$—	$476	$418	$479	$458

(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)	2020	2019	2020		2019		2020	2019	2020	2019
CECONY
Electric	$3,616	$3,630	$9		$9		$598	$518	$600	$571
Gas	1,250	1,330	3		3		143	111	474	438
Steam	334	411	38		35		45	44	58	92
Consolidation adjustments	—	—	(50)		(47)		—	—	—	—
Total CECONY	$5,200	$5,371		$—		$—	$786	$673	$1,132	$1,101
O&R
Electric	$274	$283		$—		$—	$32	$30	$27	$31
Gas	134	154	—		—		13	12	38	36
Total O&R	$408	$437		$—		$—	$45	$42	$65	$67
Clean Energy Businesses	$344	$450		$—		$—	$115	$116	$96	$83
Con Edison Transmission	2	2	—		—		—	—	(3)	(3)
Other (a)	(1)	(2)	—		—		—	—	(3)	(4)
Total Con Edison	$5,953	$6,258		$—		$—	$946	$831	$1,287	$1,244

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