Other Postretirement Benefits (Tables)

3 Months Ended

Mar. 31, 2022

Retirement Benefits [Abstract]

Total Periodic Benefit Costs

The components of the Companies’ total periodic benefit cost for the three months ended March 31, 2022 and 2021 were as follows:

	For the Three Months Ended March 31,
	Con Edison		CECONY
(Millions of Dollars)	2022	2021	2022	2021
Service cost – including administrative expenses	$72	$86	$67	$81
Interest cost on projected benefit obligation	126	118	119	111
Expected return on plan assets	(292)	(276)	(277)	(262)
Recognition of net actuarial loss	94	199	89	189
Recognition of prior service credit	(4)	(4)	(5)	(5)
TOTAL PERIODIC BENEFIT COST/(CREDIT)	$(4)	$123	$(7)	$114
Cost capitalized	(33)	(39)	(32)	(37)
Reconciliation to rate level	64	(57)	61	(55)
Total expense recognized	$27	$27	$22	$22

The components of the Companies’ total periodic other postretirement benefit cost/(credit) for the three months ended March 31, 2022 and 2021 were as follows:

	For the Three Months Ended March 31,
	Con Edison		CECONY
(Millions of Dollars)	2022	2021	2022	2021
Service cost - including administrative expenses	$5	$7	$4	$5
Interest cost on projected other postretirement benefit obligation	9	8	8	7
Expected return on plan assets	(18)	(17)	(14)	(14)
Recognition of net actuarial loss	(1)	6	(1)	5
Recognition of prior service credit	—	(1)	—	—
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST	$(5)	$3	$(3)	$3
Cost capitalized	(2)	(3)	(2)	(2)
Reconciliation to rate level	4	—	4	(2)
Total credit recognized	($3)	$—	$(1)	$(1)