Short-Term Borrowing

6 Months Ended

Jun. 30, 2011

Short-Term Borrowing

Note C — Short-Term Borrowing

Reference is made to Note D to the financial statements in Item 8 of the Form 10-K and Note C to the financial statements in Part I, Item 1 of the First Quarter Form 10-Q.

At June 30, 2011 and December 31, 2010 Con Edison and CECONY had no commercial paper outstanding.

At June 30, 2011 and December 31, 2010, no loans were outstanding under the Companies' Credit Agreement and $188 million (including $135 million for CECONY) and $197 million (including $145 million for CECONY) of letters of credit were outstanding under the Credit Agreement, respectively.

CECONY [Member]

Short-Term Borrowing

Note C — Short-Term Borrowing

Reference is made to Note D to the financial statements in Item 8 of the Form 10-K and Note C to the financial statements in Part I, Item 1 of the First Quarter Form 10-Q.

At June 30, 2011 and December 31, 2010 Con Edison and CECONY had no commercial paper outstanding.

At June 30, 2011 and December 31, 2010, no loans were outstanding under the Companies' Credit Agreement and $188 million (including $135 million for CECONY) and $197 million (including $145 million for CECONY) of letters of credit were outstanding under the Credit Agreement, respectively.