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Consolidated Income Statement (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING REVENUES      
Electric $ 8,765 $ 8,866 $ 9,064
Gas 1,618 1,735 1,760
Steam 596 683 656
Non-utility 1,209 1,602 1,845
TOTAL OPERATING REVENUES 12,188 12,886 13,325
OPERATING EXPENSES      
Purchased power 3,116 3,967 4,613
Fuel 310 412 458
Gas purchased for resale 461 622 683
Other operations and maintenance 3,182 2,969 2,888
Depreciation and amortization 955 884 840
Taxes, other than income taxes 1,825 1,793 1,723
TOTAL OPERATING EXPENSES 9,849 10,647 11,205
OPERATING INCOME 2,339 2,239 2,120
OTHER INCOME (DEDUCTIONS)      
Investment and other income 18 23 46
Allowance for equity funds used during construction 4 11 15
Other deductions (16) (17) (21)
TOTAL OTHER INCOME (DEDUCTIONS) 6 17 40
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 2,345 2,256 2,160
INTEREST EXPENSE      
Interest on long-term debt 586 582 597
Other interest 20 18 21
Allowance for borrowed funds used during construction (2) (6) (9)
NET INTEREST EXPENSE 604 594 609
INCOME BEFORE INCOME TAX EXPENSE 1,741 1,662 1,551
INCOME TAX EXPENSE 600 600 548
NET INCOME 1,141 1,062 1,003
Preferred stock dividend requirements of subsidiary (3) (11) (11)
Preferred stock dividend requirements (3) (11) (11)
NET INCOME FOR COMMON STOCK 1,138 1,051 992
Net income for common stock per common share - basic $ 3.88 $ 3.59 $ 3.49
Net income for common stock per common share - diluted $ 3.86 $ 3.57 $ 3.47
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK $ 2.42 $ 2.40 $ 2.38
AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC (IN MILLIONS) 292.9 292.6 284.3
AVERAGE NUMBER OF SHARES OUTSTANDING - DILUTED (IN MILLIONS) 294.5 294.4 285.9
CECONY [Member]
     
OPERATING REVENUES      
Electric 8,176 8,228 8,376
Gas 1,415 1,521 1,541
Steam 596 683 656
TOTAL OPERATING REVENUES 10,187 10,432 10,573
OPERATING EXPENSES      
Purchased power 1,968 2,313 2,683
Fuel 310 412 458
Gas purchased for resale 387 518 574
Other operations and maintenance 2,788 2,561 2,493
Depreciation and amortization 894 829 787
Taxes, other than income taxes 1,747 1,716 1,656
TOTAL OPERATING EXPENSES 8,094 8,349 8,651
OPERATING INCOME 2,093 2,083 1,922
OTHER INCOME (DEDUCTIONS)      
Investment and other income 9 4 32
Allowance for equity funds used during construction 2 8 13
Other deductions (13) (14) (19)
TOTAL OTHER INCOME (DEDUCTIONS) (2) (2) 26
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 2,091 2,081 1,948
INTEREST EXPENSE      
Interest on long-term debt 525 523 537
Other interest 22 16 19
Allowance for borrowed funds used during construction (2) (5) (7)
NET INTEREST EXPENSE 545 534 549
INCOME BEFORE INCOME TAX EXPENSE 1,546 1,547 1,399
INCOME TAX EXPENSE 529 558 495
NET INCOME 1,017 989 904
Preferred stock dividend requirements (3) (11) (11)
NET INCOME FOR COMMON STOCK $ 1,014 $ 978 $ 893