Financial Information by Business Segment

6 Months Ended

Jun. 30, 2022

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, 2022 and 2021 were as follows:

	For the Three Months Ended June 30,
	Operating revenues		Inter-segment revenues		Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2022	2021	2022	2021	2022	2021	2022	2021
CECONY
Electric	$2,240	$1,963	$5	$5	$338	$320	$220	$255
Gas	582	449	2	2	93	80	100	99
Steam	84	74	18	18	24	23	(40)	(33)
Consolidation adjustments	—	—	(25)	(25)	—	—	—	—
Total CECONY	$2,906	$2,486	$—	$—	$455	$423	$280	$321
O&R
Electric	$177	$153	$—	$—	$18	$17	$16	$14
Gas	61	41	—	—	7	7	(2)	(3)
Total O&R	$238	$194	$—	$—	$25	$24	$14	$11
Clean Energy Businesses	$272	$291	$—	$—	$59	$55	$97	$89
Con Edison Transmission	1	1	—	—	—	—	(2)	(1)
Other (a)	(2)	(1)	—	—	—	—	(2)	(2)
Total Con Edison	$3,415	$2,971	$—	$—	$539	$502	$387	$418

(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)	2022	2021	2022	2021	2022	2021	2022	2021
CECONY
Electric	$4,324	$3,931	$9	$9	$670	$635	$390	$501
Gas	1,713	1,423	4	4	183	157	550	538
Steam	386	338	37	37	47	46	51	69
Consolidation adjustments	—	—	(50)	(50)	—	—	—	—
Total CECONY	$6,423	$5,692	$—	$—	$900	$838	$991	$1,108
O&R
Electric	$342	$299	$—	$—	$35	$34	$23	$22
Gas	180	143	—	—	13	13	36	39
Total O&R	$522	$442	$—	$—	$48	$47	$59	$61
Clean Energy Businesses	$532	$515	$—	$—	$119	$114	$143	$117
Con Edison Transmission	2	2	—	—	—	1	(5)	(4)
Other (a)	(4)	(3)	—	—	1	—	(3)	(3)
Total Con Edison	$7,475	$6,648	$—	$—	$1,068	$1,000	$1,185	$1,279

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