CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Net income	$ 538	$ 594
Net income	584	565
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME
Depreciation and amortization	1,000	946
Investment loss/impairment	211	0
Deferred income taxes	30	61
Rate case amortization and accruals	(11)	(20)
Common equity component of allowance for funds used during construction	(10)	(10)
Net derivative losses/(gains)	(39)	89
Unbilled revenue and net unbilled revenue deferrals	(64)	3
Other non-cash items, net	259	102
CHANGES IN ASSETS AND LIABILITIES
Accounts receivable – customers	(135)	(113)
Materials and supplies, including fuel oil and gas in storage	(5)	16
Revenue decoupling mechanism receivable	(62)	(80)
Other receivables and other current assets	33	(10)
Taxes receivable	14	(1)
Prepayments	16	(31)
Accounts payable	(145)	(168)
Pensions and retiree benefits obligations	169	100
Pensions and retiree benefits contributions	(81)	(79)
Accrued taxes	(29)	(23)
Accrued interest	4	(1)
Superfund and environmental remediation costs	(7)	(3)
Distributions from equity investments	18	20
System benefit charge	(22)	(46)
Deferred charges, noncurrent assets and other regulatory assets	(322)	(110)
Deferred credits and other regulatory liabilities	126	(19)
Other current and noncurrent liabilities	(93)	(37)
NET CASH FLOWS FROM OPERATING ACTIVITIES	1,393	1,180
INVESTING ACTIVITIES
Utility construction expenditures	(1,781)	(1,528)
Cost of removal less salvage	(166)	(141)
Non-utility construction expenditures	(230)	(258)
Investments in electric and gas transmission projects	(16)	(15)
Divestiture of renewable electric projects, net	183	0
Other investing activities	10	10
NET CASH FLOWS USED IN INVESTING ACTIVITIES	(2,000)	(1,932)
FINANCING ACTIVITIES
Net issuance of short-term debt	86	121
Issuance of long-term debt	1,788	1,600
Retirement of long-term debt	(1,882)	(442)
Debt issuance costs	(26)	(24)
Common stock dividends	(507)	(487)
Issuance of common shares - public offering	775	88
Issuance of common shares for stock plans	30	28
Distribution to noncontrolling interest	(7)	(4)
Sale of equity interest	92	0
NET CASH FLOWS FROM FINANCING ACTIVITIES	349	880
CASH, TEMPORARY CASH INVESTMENTS, AND RESTRICTED CASH:
NET CHANGE FOR THE PERIOD	(258)	128
BALANCE AT BEGINNING OF PERIOD	1,436	1,217
BALANCE AT END OF PERIOD	1,178	1,345
Cash paid/(received) during the period for:
Interest	453	420
Income taxes	(13)	22
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION
Construction expenditures in accounts payable	365	359
Issuance of common shares for dividend reinvestment	24	24
Subsidiaries
Net income	593	558
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME
Depreciation and amortization	838	786
Deferred income taxes	7	47
Rate case amortization and accruals	(11)	(21)
Common equity component of allowance for funds used during construction	(9)	(9)
Unbilled revenue and net unbilled revenue deferrals	(3)	28
Other non-cash items, net	151	46
CHANGES IN ASSETS AND LIABILITIES
Accounts receivable – customers	(139)	(106)
Materials and supplies, including fuel oil and gas in storage	(8)	16
Revenue decoupling mechanism receivable	(69)	(71)
Other receivables and other current assets	63	17
Accounts receivable from affiliated companies	93	(9)
Prepayments	(18)	(18)
Accounts payable	(147)	(136)
Accounts payable to affiliated companies	(3)	3
Pensions and retiree benefits obligations	162	94
Pensions and retiree benefits contributions	(80)	(78)
Accrued taxes	(31)	(24)
Accrued interest	1	11
Superfund and environmental remediation costs	(12)	(7)
System benefit charge	(20)	(44)
Deferred charges, noncurrent assets and other regulatory assets	(299)	(118)
Deferred credits and other regulatory liabilities	91	55
Other current and noncurrent liabilities	(54)	(45)
NET CASH FLOWS FROM OPERATING ACTIVITIES	1,096	975
INVESTING ACTIVITIES
Utility construction expenditures	(1,679)	(1,435)
Cost of removal less salvage	(162)	(139)
NET CASH FLOWS USED IN INVESTING ACTIVITIES	(1,841)	(1,574)
FINANCING ACTIVITIES
Net issuance of short-term debt	(660)	(22)
Issuance of long-term debt	1,500	1,600
Retirement of long-term debt	(640)	(350)
Debt issuance costs	(19)	(25)
Capital contribution by parent	976	50
Dividend to parent	(494)	(491)
NET CASH FLOWS FROM FINANCING ACTIVITIES	663	762
CASH, TEMPORARY CASH INVESTMENTS, AND RESTRICTED CASH:
NET CHANGE FOR THE PERIOD	(82)	163
BALANCE AT BEGINNING OF PERIOD	1,067	933
BALANCE AT END OF PERIOD	985	1,096
Cash paid/(received) during the period for:
Interest	359	341
Income taxes	(3)	62
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION
Construction expenditures in accounts payable	314	271
CECONY | Subsidiaries
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME
Depreciation and amortization	838	786
Software Licenses
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION
Capital expenditures incurred but unpaid as of end of period	24	51
Software Licenses | Subsidiaries
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION
Capital expenditures incurred but unpaid as of end of period	22	48
Equipment
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION
Capital expenditures incurred but unpaid as of end of period	22	28
Equipment | Subsidiaries
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION
Capital expenditures incurred but unpaid as of end of period	$ 22	$ 28