Financial Information by Business Segment

6 Months Ended

Jun. 30, 2021

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, 2021 and 2020 were as follows:

	For the Three Months Ended June 30,
	Operating revenues		Inter-segment revenues		Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2021	2020	2021	2020	2021	2020	2021	2020
CECONY
Electric	$1,963	$1,845	$5	$4	$320	$301	$255	$318
Gas	449	416	2	2	80	72	99	105
Steam	74	84	18	19	23	23	(33)	(34)
Consolidation adjustments	—	—	(25)	(25)	—	—	—	—
Total CECONY	$2,486	$2,345	$—	$—	$423	$396	$321	$389
O&R
Electric	$153	$138	$—	$—	$17	$16	$14	$13
Gas	41	37	—	—	7	7	(3)	(3)
Total O&R	$194	$175	$—	$—	$24	$23	$11	$10
Clean Energy Businesses	$291	$198	$—	$—	$55	$57	$89	$82
Con Edison Transmission	1	1	—	—	—	—	(1)	(1)
Other (a)	(1)	—	—	—	—	—	(2)	(1)
Total Con Edison	$2,971	$2,719	$—	$—	$502	$476	$418	$479

(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)	2021	2020	2021	2020	2021	2020	2021	2020
CECONY
Electric	$3,931	$3,616	$9	$9	$635	$598	$501	$600
Gas	1,423	1,250	4	3	157	143	538	474
Steam	338	334	37	38	46	45	69	58
Consolidation adjustments	—	—	(50)	(50)	—	—	—	—
Total CECONY	$5,692	$5,200	$—	$—	$838	$786	$1,108	$1,132
O&R
Electric	$299	$274	$—	$—	$34	$32	$22	$27
Gas	143	134	—	—	13	13	39	38
Total O&R	$442	$408	$—	$—	$47	$45	$61	$65
Clean Energy Businesses	$515	$344	$—	$—	$114	$115	$117	$96
Con Edison Transmission	2	2	—	—	1	—	(4)	(3)
Other (a)	(3)	(1)	—	—	—	—	(3)	(3)
Total Con Edison	$6,648	$5,953	$—	$—	$1,000	$946	$1,279	$1,287

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