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Other Postretirement Benefits
 6 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Other Postretirement Benefits Other Postretirement Benefits
Total Periodic Benefit Cost
The components of the Companies’ total periodic other postretirement benefit cost/(credit) for the three and six months ended June 30, 2022 and 2021 were as follows:
 
For the Three Months Ended June 30,
  
          Con Edison          CECONY
(Millions of Dollars)2022202120222021
Service cost - including administrative expenses$4$7$3$5
Interest cost on projected other postretirement benefit obligation9877
Expected return on plan assets(18)(17)(15)(14)
Recognition of net actuarial loss/(gain)(6)6(3)5
Recognition of prior service credit(1)(1)— — 
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST/(CREDIT)$(12)$3 $(8)$3
Cost capitalized(2)(3)(1)(3)
Reconciliation to rate level11— 8(1)
Total credit recognized($3)$— $(1)$(1)

For the Six Months Ended June 30,
  
          Con Edison          CECONY
(Millions of Dollars)2022202120222021
Service cost - including administrative expenses$9$13$7$10
Interest cost on projected other postretirement benefit obligation18161513
Expected return on plan assets(36)(34)(29)(27)
Recognition of net actuarial loss/(gain)(7)12(4)10
Recognition of prior service credit(1)(1)— (1)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST/(CREDIT)$(17)$6 $(11)$5
Cost capitalized(4)(6)(3)(5)
Reconciliation to rate level15— 12(3)
Total credit recognized($6)$— $(2)$(3)

For information about the presentation of the components of other postretirement benefit costs, see Note E.

Expected Contributions
Based on estimates as of June 30, 2022, the Companies expect to make a contribution of $9 million (all of which is to be made by CECONY) to the other postretirement benefit plans in 2022. The Companies' policy is to fund the total periodic benefit cost of the plans to the extent tax deductible.