Financial Information by Business Segment

9 Months Ended

Sep. 30, 2013

Financial Information by Business Segment

Note J — Financial Information by Business Segment

The financial data for the business segments are as follows:

	For the Three Months Ended September 30,
	Operating revenues				Inter-segment revenues						Depreciation and amortization				Operating income
(Millions of Dollars)	2013		2012		2013			2012			2013		2012		2013			2012
CECONY
Electric	$	2,622	$	2,611	$	4		$	4		$	188	$	179	$	811		$	812
Gas		199		189		1			1			33		31		(24	)		(21	)
Steam		72		68		22			20			16		15		(35	)		(37	)
Consolidation adjustments		—		—		(27	)		(25	)		—		—		—			—
Total CECONY	$	2,893	$	2,868	$	—		$	—		$	237	$	225	$	752		$	754
O&R
Electric	$	200	$	199	$	—		$	—		$	10	$	10	$	46		$	50
Gas		26		27		—			—			4		3		(7	)		(6	)
Total O&R	$	226	$	226	$	—		$	—		$	14	$	13	$	39		$	44
Competitive energy businesses	$	365	$	344	$	—		$	2		$	6	$	2	$	63		$	53
Other*		—		—		—			(2	)		1		—		1			—
Total Con Edison	$	3,484	$	3,438	$	—		$	—		$	258	$	240	$	855		$	851

* Parent company expenses, primarily interest, and consolidation adjustments. Other does not represent a business segment.

	For the Nine Months Ended September 30,
	Operating revenues						Inter-segment revenues						Depreciation and amortization				Operating income
(Millions of Dollars)	2013			2012			2013			2012			2013		2012		2013		2012
CECONY
Electric	$	6,309		$	6,307		$	12		$	11		$	559	$	527	$	1,307	$	1,383
Gas		1,190			1,017			4			4			97		89		272		255
Steam		522			414			60			58			49		48		80		40
Consolidation adjustments		—			—			(76	)		(73	)		—		—		—		—
Total CECONY	$	8,021		$	7,738		$	—		$	—		$	705	$	664	$	1,659	$	1,678
O&R
Electric	$	492		$	457		$	—		$	—		$	31	$	28	$	81	$	74
Gas		143			144			—			—			11		11		20		26
Total O&R	$	635		$	601		$	—		$	—		$	42	$	39	$	101	$	100
Competitive energy businesses	$	834		$	954		$	4		$	6		$	16	$	6	$	7	$	111
Other*		(3	)		(6	)		(4	)		(6	)		1		—		—		(3	)
Total Con Edison	$	9,487		$	9,287		$	—		$	—		$	764	$	709	$	1,767	$	1,886

* Parent company expenses, primarily interest, and consolidation adjustments. Other does not represent a business segment.

CECONY [Member]

Financial Information by Business Segment

Note J — Financial Information by Business Segment

The financial data for the business segments are as follows:

	For the Three Months Ended September 30,
	Operating revenues				Inter-segment revenues						Depreciation and amortization				Operating income
(Millions of Dollars)	2013		2012		2013			2012			2013		2012		2013			2012
CECONY
Electric	$	2,622	$	2,611	$	4		$	4		$	188	$	179	$	811		$	812
Gas		199		189		1			1			33		31		(24	)		(21	)
Steam		72		68		22			20			16		15		(35	)		(37	)
Consolidation adjustments		—		—		(27	)		(25	)		—		—		—			—
Total CECONY	$	2,893	$	2,868	$	—		$	—		$	237	$	225	$	752		$	754
O&R
Electric	$	200	$	199	$	—		$	—		$	10	$	10	$	46		$	50
Gas		26		27		—			—			4		3		(7	)		(6	)
Total O&R	$	226	$	226	$	—		$	—		$	14	$	13	$	39		$	44
Competitive energy businesses	$	365	$	344	$	—		$	2		$	6	$	2	$	63		$	53
Other*		—		—		—			(2	)		1		—		1			—
Total Con Edison	$	3,484	$	3,438	$	—		$	—		$	258	$	240	$	855		$	851

* Parent company expenses, primarily interest, and consolidation adjustments. Other does not represent a business segment.

	For the Nine Months Ended September 30,
	Operating revenues						Inter-segment revenues						Depreciation and amortization				Operating income
(Millions of Dollars)	2013			2012			2013			2012			2013		2012		2013		2012
CECONY
Electric	$	6,309		$	6,307		$	12		$	11		$	559	$	527	$	1,307	$	1,383
Gas		1,190			1,017			4			4			97		89		272		255
Steam		522			414			60			58			49		48		80		40
Consolidation adjustments		—			—			(76	)		(73	)		—		—		—		—
Total CECONY	$	8,021		$	7,738		$	—		$	—		$	705	$	664	$	1,659	$	1,678
O&R
Electric	$	492		$	457		$	—		$	—		$	31	$	28	$	81	$	74
Gas		143			144			—			—			11		11		20		26
Total O&R	$	635		$	601		$	—		$	—		$	42	$	39	$	101	$	100
Competitive energy businesses	$	834		$	954		$	4		$	6		$	16	$	6	$	7	$	111
Other*		(3	)		(6	)		(4	)		(6	)		1		—		—		(3	)
Total Con Edison	$	9,487		$	9,287		$	—		$	—		$	764	$	709	$	1,767	$	1,886

* Parent company expenses, primarily interest, and consolidation adjustments. Other does not represent a business segment.