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Capitalization (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Maturities
Long-term debt maturing in the period 2023-2027 is as follows:
(Millions of Dollars)Con Edison(a)CECONY
2023$650$—
2024250250
2025— — 
2026250250
2027430350
(a) Amounts shown exclude the debt of the Clean Energy Businesses, which were classified as held for sale as of December 31, 2022 and are shown under "Project Debt Held for Sale" on Con Edison's Consolidated Statement of Capitalization. See "Assets and Liabilities Held for Sale" in Note A and Note X for additional information.
Carrying Amounts and Fair Values of Long-Term Debt
The carrying amounts and fair values of long-term debt at December 31, 2022 and 2021 are:
(Millions of Dollars)20222021
Long-Term Debt (including current portion) (a)Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Con Edison$20,796(b)$18,234(b)$23,044$26,287
CECONY19,08016,69918,38221,382
(a)Amounts shown are net of unamortized debt expense and unamortized debt discount of $202 million and $195 million for Con Edison and CECONY, respectively, as of December 31, 2022 and $226 million and $193 million for Con Edison and CECONY, respectively, as of December 31, 2021.
(b)Amounts shown exclude the debt of the Clean Energy Businesses, which were classified as held for sale as of December 31, 2022. See "Assets and Liabilities Held for Sale" in Note A, and Note X for additional information. The carrying value and fair value of the Clean
Energy Businesses’ long-term debt, including the current portion, as of December 31, 2022 was $2,645 million and $2,489 million,
respectively.