Financial Information by Business Segment (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Financial Data for Business Segments

The financial data for the business segments for the three and six months ended June 30, 2023 and 2022 were as follows:

	For the Three Months Ended June 30,
	Operating revenues		Inter-segment revenues		Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2023	2022	2023	2022	2023	2022	2023	2022
CECONY
Electric	$2,144	$2,240	$5	$5	$339	$338	$232	$220
Gas	531	582	2	2	106	93	83	100
Steam	69	84	18	18	25	24	(53)	(40)
Consolidation adjustments	—	—	(25)	(25)	—	—	—	—
Total CECONY	$2,744	$2,906	$—	$—	$470	$455	$262	$280
O&R
Electric	$159	$177	—	$—	$18	$18	13	$16
Gas	41	61	—	—	8	7	(2)	(2)
Total O&R	$200	$238	$—	$—	$26	$25	$11	$14
Clean Energy Businesses (a)	$—	$272	—	$—	—	$59	—	$97
Con Edison Transmission	1	1	—	—	—	—	(2)	(2)
Other (b)	(1)	(2)	—	—	—	—	13	(2)
Total Con Edison	$2,944	$3,415	$—	$—	$496	$539	$284	$387

(a) On March 1, 2023, Con Edison completed the sale of substantially all of the assets of the Clean Energy Businesses. As a result of this sale, the Clean Energy Businesses are no longer a principal segment. See Note S and Note T.

(b) Other includes the parent company, Con Edison’s tax equity investments, the deferred project held for sale and consolidation adjustments. Other does not represent a business segment. See Note T.

	For the Six Months Ended June 30,
	Operating revenues		Inter-segment revenues		Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2023	2022	2023	2022	2023	2022	2023	2022
CECONY
Electric	$4,500	$4,324	$9	$9	$683	$670	$424	$390
Gas	1,822	1,713	4	4	211	183	642	550
Steam	375	386	37	37	49	47	5	51
Consolidation adjustments	—	—	(50)	(50)	—	—	—	—
Total CECONY	$6,697	$6,423	$—	$—	$943	$900	$1,071	$991
O&R
Electric	$341	$342	$—	$—	$36	$35	$14	$23
Gas	180	180	—	—	15	13	38	36
Total O&R	$521	$522	$—	$—	$51	$48	$52	$59
Clean Energy Businesses (a)	$129	$532	$—	$—	$—	$119	$37	$143
Con Edison Transmission	2	2	—	—	—	—	(4)	(5)
Other (b)	(2)	(4)	—	—	—	1	866	(3)
Total Con Edison	$7,347	$7,475	$—	$—	$994	$1,068	$2,022	$1,185

(a) On March 1, 2023, Con Edison completed the sale of substantially all of the assets of the Clean Energy Businesses. As a result of this sale, the Clean Energy Businesses are no longer a principal segment. See Note S and Note T.

(b) Other includes the parent company, Con Edison’s tax equity investments, the deferred project held for sale and consolidation adjustments. Other does not represent a business segment. See Note T.