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CONSOLIDATED INCOME STATEMENT - CECONY (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING REVENUES    
TOTAL OPERATING REVENUES $ 4,280 $ 4,403
OPERATING EXPENSES    
Depreciation and amortization 539 499
Taxes, other than income taxes 808 765
TOTAL OPERATING EXPENSES 3,239 3,519
Operating income/(loss) 1,011 1,739
OTHER INCOME (DEDUCTIONS)    
Investment and other income 19 8
Allowance for equity funds used during construction 10 6
Other deductions (11) (22)
TOTAL OTHER INCOME 182 196
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 1,193 1,935
INTEREST EXPENSE (INCOME)    
Interest on long-term debt 255 251
Other interest expense 48 24
Allowance for borrowed funds used during construction (14) (13)
NET INTEREST EXPENSE 289 262
INCOME BEFORE INCOME TAX EXPENSE 904 1,673
INCOME TAX EXPENSE 184 243
NET INCOME 720 1,433
Electric    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 2,636 2,538
Gas    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 1,356 1,430
OPERATING EXPENSES    
Operating costs 267 468
Steam    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 287 306
Purchased power    
OPERATING EXPENSES    
Operating costs 649 702
Fuel    
OPERATING EXPENSES    
Operating costs 88 189
Other operations and maintenance    
OPERATING EXPENSES    
Operating costs 888 896
Non-utility    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 1 129
CECONY    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 3,971 3,953
OPERATING EXPENSES    
Depreciation and amortization 510 473
Taxes, other than income taxes 781 736
TOTAL OPERATING EXPENSES 2,982 3,144
Operating income/(loss) 989 809
OTHER INCOME (DEDUCTIONS)    
Investment and other income 156 187
Allowance for equity funds used during construction 9 5
Other deductions (9) (10)
TOTAL OTHER INCOME 156 182
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 1,145 991
INTEREST EXPENSE (INCOME)    
Interest on long-term debt 242 216
Other interest expense 41 29
Allowance for borrowed funds used during construction (13) (12)
NET INTEREST EXPENSE 270 233
INCOME BEFORE INCOME TAX EXPENSE 875 758
INCOME TAX EXPENSE 181  
NET INCOME 694 604
CECONY | Electric    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 2,441 2,356
CECONY | Gas    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 1,243 1,291
OPERATING EXPENSES    
Operating costs 235 365
CECONY | Steam    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 287 306
CECONY | Purchased power    
OPERATING EXPENSES    
Operating costs 579 631
CECONY | Fuel    
OPERATING EXPENSES    
Operating costs 88 189
CECONY | Other operations and maintenance    
OPERATING EXPENSES    
Operating costs $ 789 $ 750