Short-Term Borrowing

3 Months Ended

Mar. 31, 2012

Short-Term Borrowing

Note D — Short-Term Borrowing

At March 31, 2012, Con Edison and CECONY had no commercial paper outstanding. The Companies have not borrowed under their October 2011 credit agreement. Con Edison had $183 million of letters of credit outstanding under the credit agreement (including $168 million for CECONY).

CECONY [Member]

Short-Term Borrowing

Note D — Short-Term Borrowing

At March 31, 2012, Con Edison and CECONY had no commercial paper outstanding. The Companies have not borrowed under their October 2011 credit agreement. Con Edison had $183 million of letters of credit outstanding under the credit agreement (including $168 million for CECONY).