Financial Information by Business Segment

9 Months Ended

Sep. 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 nine months ended September 30, 2022 and 2021 were as follows:

	For the Three Months Ended September 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	$3,077	$2,730	$5	$5	$324	$324	$843	$834
Gas	414	307	2	2	93	82	(40)	(48)
Steam	58	55	19	18	24	23	(65)	(58)
Consolidation adjustments	—	—	(26)	(25)	—	—	—	—
Total CECONY	$3,549	$3,092	$—	$—	$441	$429	$738	$728
O&R
Electric	$252	$223	$—	$—	$18	$18	$61	$55
Gas	39	34	—	—	7	6	(10)	(8)
Total O&R	$291	$257	$—	$—	$25	$24	$51	$47
Clean Energy Businesses	$325	$264	$—	$—	$60	$58	$104	$79
Con Edison Transmission	1	1	—	—	—	—	(2)	(2)
Other (a)	(1)	(1)	—	—	(1)	1	(2)	(2)
Total Con Edison	$4,165	$3,613	$—	$—	$525	$512	$889	$850

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

	For the Nine Months Ended September 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	$7,401	$6,661	$14	$14	$994	$959	$1,233	$1,337
Gas	2,127	1,730	6	6	275	239	511	490
Steam	444	393	57	55	72	69	(15)	9
Consolidation adjustments	—	—	(77)	(75)	—	—	—	—
Total CECONY	$9,972	$8,784	$—	$—	$1,341	$1,267	$1,729	$1,836
O&R
Electric	$594	$522	$—	$—	$53	$52	$85	$78
Gas	219	177	—	—	20	19	25	30
Total O&R	$813	$699	$—	$—	$73	$71	$110	$108
Clean Energy Businesses	$857	$779	$—	$—	$178	$172	$248	$196
Con Edison Transmission	3	3	—	—	1	1	(8)	(7)
Other (a)	(6)	(4)	—	—	—	—	(5)	(4)
Total Con Edison	$11,639	$10,261	$—	$—	$1,593	$1,511	$2,074	$2,129

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