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CONSOLIDATED INCOME STATEMENT (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
OPERATING REVENUES        
Electric $ 2,018 $ 2,090 $ 3,977 $ 3,952
Gas 366 300 1,108 945
Steam 118 83 450 346
Non-utility 316 298 468 606
TOTAL OPERATING REVENUES 2,818 2,771 6,003 5,849
OPERATING EXPENSES        
Purchased power 768 729 1,475 1,510
Fuel 58 46 205 153
Gas purchased for resale 118 62 368 258
Other operations and maintenance 776 790 1,606 1,539
Depreciation and amortization 255 236 506 469
Taxes, other than income taxes 457 433 931 884
TOTAL OPERATING EXPENSES 2,432 2,296 5,091 4,813
OPERATING INCOME 386 475 912 1,036
OTHER INCOME (DEDUCTIONS)        
Investment and other income 7 2 10 10
Allowance for equity funds used during construction 1 2 1 2
Other deductions (6) (6) (8) (10)
TOTAL OTHER INCOME (DEDUCTIONS) 2 (2) 3 2
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 388 473 915 1,038
INTEREST EXPENSE        
Interest on long-term debt 145 149 288 295
Other interest 6 5 142 10
Allowance for borrowed funds used during construction   (1) (1) (1)
NET INTEREST EXPENSE 151 153 429 304
INCOME BEFORE INCOME TAX EXPENSE 237 320 486 734
INCOME TAX EXPENSE 65 106 122 240
NET INCOME 172 214 364 494
Preferred stock dividend requirements of subsidiary       (3)
Cumulative preferred dividends       (3)
NET INCOME FOR COMMON STOCK 172 214 364 491
Net income for common stock per common share-basic $ 0.59 $ 0.73 $ 1.24 $ 1.68
Net income for common stock per common share-diluted $ 0.59 $ 0.73 $ 1.24 $ 1.67
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK $ 0.615 $ 0.605 $ 1.230 $ 1.210
AVERAGE NUMBER OF SHARES OUTSTANDING-BASIC (IN MILLIONS) 292.9 292.9 292.9 292.9
AVERAGE NUMBER OF SHARES OUTSTANDING-DILUTED (IN MILLIONS) 294.3 294.4 294.3 294.4
CECONY [Member]
       
OPERATING REVENUES        
Electric 1,872 1,961 3,686 3,696
Gas 331 265 991 828
Steam 118 83 450 346
TOTAL OPERATING REVENUES 2,321 2,309 5,127 4,870
OPERATING EXPENSES        
Purchased power 469 504 924 950
Fuel 58 46 205 154
Gas purchased for resale 98 50 317 219
Other operations and maintenance 676 693 1,417 1,339
Depreciation and amortization 235 221 468 439
Taxes, other than income taxes 439 415 890 844
TOTAL OPERATING EXPENSES 1,975 1,929 4,221 3,945
OPERATING INCOME 346 380 906 925
OTHER INCOME (DEDUCTIONS)        
Investment and other income 3 1 5 5
Allowance for equity funds used during construction   1 1 1
Other deductions (5) (5) (7) (8)
TOTAL OTHER INCOME (DEDUCTIONS) (2) (3) (1) (2)
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 344 377 905 923
INTEREST EXPENSE        
Interest on long-term debt 129 135 256 266
Other interest 5 5 11 10
Allowance for borrowed funds used during construction   (1) (1) (1)
NET INTEREST EXPENSE 134 139 266 275
INCOME BEFORE INCOME TAX EXPENSE 210 238 639 648
INCOME TAX EXPENSE 57 75 209 209
NET INCOME 153 163 430 439
Cumulative preferred dividends       (3)
NET INCOME FOR COMMON STOCK $ 153 $ 163 $ 430 $ 436