Leases (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Capital Leases

The following assets under capital leases are included in the Companies’ consolidated balance sheets at December 31, 2012 and 2011:

	Con Edison				CECONY
(Millions of Dollars)	2012		2011		2012		2011
UTILITY PLANT
Common	$	3	$	8	$	2	$	6
Transmission		-		1		-		1
TOTAL	$	3	$	9	$	2	$	7

Future Minimum Lease Commitments

The future minimum lease commitments for the above assets are as follows:

(Millions of Dollars)	Con Edison		CECONY
2013	$	-	$	-
2014		1		1
2015		1		1
2016		-		-
2017		-		-
All years thereafter		1		1
Total		3		3
Less: amount representing interest		1		1
Present value of net minimum lease payment	$	2	$	2

Future Minimum Rental Payments for Operating Leases

The future minimum lease commitments under the Companies’ non-cancelable operating lease agreements are as follows:

(Millions of Dollars)	Con Edison		CECONY
2013	$	52	$	49
2014		47		43
2015		15		12
2016		14		11
2017		14		11
All years thereafter		91		71
Total	$	233	$	197