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Consolidated Income Statement  - CECONY - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
TOTAL OPERATING REVENUES $ 15,670 $ 13,676 $ 12,246
Depreciation and amortization 2,056 2,032 1,920
Taxes, other than income taxes 3,005 2,810 2,575
TOTAL OPERATING EXPENSES 13,046 10,850 9,592
Operating income 2,624 2,826 2,654
Investment income (loss) 20 (420) (214)
Allowance for equity funds used during construction 19 21 17
Other deductions (115) (161) (227)
TOTAL OTHER INCOME (DEDUCTIONS) 326 (538) (401)
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 2,950 2,288 2,253
Interest on long-term debt 987 930 915
Other interest (99) (14) 118
Allowance for borrowed funds used during construction (36) (11) (14)
NET INTEREST EXPENSE 852 905 1,019
INCOME BEFORE INCOME TAX EXPENSE 2,098 1,383 1,234
INCOME TAX EXPENSE 498 190 90
NET INCOME 1,660 1,346 1,101
CECONY      
TOTAL OPERATING REVENUES 13,268 11,716 10,647
Depreciation and amortization 1,778 1,705 1,598
Taxes, other than income taxes 2,887 2,696 2,456
TOTAL OPERATING EXPENSES 11,133 9,256 8,337
Operating income 2,135 2,460 2,310
Investment income (loss) 376 16 19
Allowance for equity funds used during construction 18 19 14
Other deductions (62) (143) (204)
TOTAL OTHER INCOME (DEDUCTIONS) 332 (108) (171)
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 2,467 2,352 2,139
Interest on long-term debt 808 759 718
Other interest 47 13 33
Allowance for borrowed funds used during construction (33) (10) (12)
NET INTEREST EXPENSE 822 762 739
INCOME BEFORE INCOME TAX EXPENSE 1,645 1,590 1,400
INCOME TAX EXPENSE 255 246 215
NET INCOME 1,390 1,344 1,185
Electric      
TOTAL OPERATING REVENUES 10,522 9,485 8,730
Electric | CECONY      
TOTAL OPERATING REVENUES 9,751 8,806 8,103
Gas      
TOTAL OPERATING REVENUES 3,237 2,638 2,269
Operating costs 1,245 690 527
Gas | CECONY      
TOTAL OPERATING REVENUES 2,924 2,378 2,036
Operating costs 869 541 426
Steam      
TOTAL OPERATING REVENUES 593 532 508
Steam | CECONY      
TOTAL OPERATING REVENUES 593 532 508
Purchased power      
Operating costs 2,479 1,835 1,600
Purchased power | CECONY      
Operating costs 2,201 1,633 1,432
Fuel      
Operating costs 356 229 156
Fuel | CECONY      
Operating costs 356 229 156
Other operations and maintenance      
Operating costs 3,905 3,254 2,814
Other operations and maintenance | CECONY      
Operating costs 3,042 2,452 2,269
Non-utility      
TOTAL OPERATING REVENUES $ 1,318 $ 1,021 $ 739