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Consolidated Income Statement (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
OPERATING REVENUES        
Electric $ 2,822 $ 2,810 $ 6,799 $ 6,762
Gas 225 216 1,333 1,161
Steam 72 68 522 414
Non-utility 365 344 833 950
TOTAL OPERATING REVENUES 3,484 3,438 9,487 9,287
OPERATING EXPENSES        
Purchased power 946 930 2,421 2,440
Fuel 56 59 261 213
Gas purchased for resale 74 56 443 314
Other operations and maintenance 795 826 2,400 2,365
Depreciation and amortization 258 240 764 709
Taxes, other than income taxes 500 476 1,431 1,360
TOTAL OPERATING EXPENSES 2,629 2,587 7,720 7,401
OPERATING INCOME 855 851 1,767 1,886
OTHER INCOME (DEDUCTIONS)        
Investment and other income 8 4 19 14
Allowance for equity funds used during construction 1 1 2 3
Other deductions (4) (3) (12) (13)
TOTAL OTHER INCOME (DEDUCTIONS) 5 2 9 4
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 860 853 1,776 1,890
INTEREST EXPENSE        
Interest on long-term debt 145 146 433 440
Other interest 2 6 143 17
Allowance for borrowed funds used during construction (1)   (1) (2)
NET INTEREST EXPENSE 146 152 575 455
INCOME BEFORE INCOME TAX EXPENSE 714 701 1,201 1,435
INCOME TAX EXPENSE 250 261 373 501
NET INCOME 464 440 828 934
Cumulative preferred dividends       (3)
NET INCOME FOR COMMON STOCK 464 440 828 931
Net income for common stock per common share-basic $ 1.58 $ 1.50 $ 2.83 $ 3.18
Net income for common stock per common share-diluted $ 1.58 $ 1.49 $ 2.81 $ 3.16
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK $ 0.615 $ 0.605 $ 1.845 $ 1.815
AVERAGE NUMBER OF SHARES OUTSTANDING-BASIC (IN MILLIONS) 292.9 292.9 292.9 292.9
AVERAGE NUMBER OF SHARES OUTSTANDING-DILUTED (IN MILLIONS) 294.3 294.6 294.3 294.6
CECONY [Member]
       
OPERATING REVENUES        
Electric 2,622 2,611 6,309 6,307
Gas 199 189 1,190 1,017
Steam 72 68 522 414
TOTAL OPERATING REVENUES 2,893 2,868 8,021 7,738
OPERATING EXPENSES        
Purchased power 624 604 1,548 1,554
Fuel 56 59 261 213
Gas purchased for resale 58 45 376 264
Other operations and maintenance 686 725 2,102 2,065
Depreciation and amortization 237 225 705 664
Taxes, other than income taxes 480 456 1,370 1,300
TOTAL OPERATING EXPENSES 2,141 2,114 6,362 6,060
OPERATING INCOME 752 754 1,659 1,678
OTHER INCOME (DEDUCTIONS)        
Investment and other income 1 2 7 6
Allowance for equity funds used during construction 1   1 2
Other deductions (3) (2) (10) (10)
TOTAL OTHER INCOME (DEDUCTIONS) (1)   (2) (2)
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 751 754 1,657 1,676
INTEREST EXPENSE        
Interest on long-term debt 127 130 384 395
Other interest 1 8 12 19
Allowance for borrowed funds used during construction     (1) (1)
NET INTEREST EXPENSE 128 138 395 413
INCOME BEFORE INCOME TAX EXPENSE 623 616 1,262 1,263
INCOME TAX EXPENSE 222 227 431 436
NET INCOME 401 389 831 827
Cumulative preferred dividends       (3)
NET INCOME FOR COMMON STOCK $ 401 $ 389 $ 831 $ 824