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Consolidated Income Statement (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
OPERATING REVENUES      
Electric $ 8,756 $ 8,765 $ 8,866
Gas 1,821 1,618 1,735
Steam 683 596 683
Non-utility 1,094 1,209 1,602
TOTAL OPERATING REVENUES 12,354 12,188 12,886
OPERATING EXPENSES      
Purchased power 3,099 3,116 3,967
Fuel 320 310 412
Gas purchased for resale 635 461 622
Other operations and maintenance 3,137 3,182 2,969
Depreciation and amortization 1,024 955 884
Taxes, other than income taxes 1,895 1,825 1,793
TOTAL OPERATING EXPENSES 10,110 9,849 10,647
OPERATING INCOME 2,244 2,339 2,239
OTHER INCOME (DEDUCTIONS)      
Investment and other income 24 18 23
Allowance for equity funds used during construction 4 4 11
Other deductions (15) (16) (17)
TOTAL OTHER INCOME 13 6 17
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 2,257 2,345 2,256
INTEREST EXPENSE      
Interest on long-term debt 578 586 582
Other interest 143 20 18
Allowance for borrowed funds used during construction (2) (2) (6)
NET INTEREST EXPENSE 719 604 594
INCOME BEFORE INCOME TAX EXPENSE 1,538 1,741 1,662
INCOME TAX EXPENSE 476 600 600
NET INCOME 1,062 1,141 1,062
Preferred stock dividend requirements   (3) (11)
NET INCOME FOR COMMON STOCK 1,062 1,138 1,051
Net income for common stock per common share - basic $ 3.62 $ 3.88 $ 3.59
Net income for common stock per common share - diluted $ 3.61 $ 3.86 $ 3.57
DIVIDENDS DECLARED PER SHARE OF COMMON STOCK $ 2.46 $ 2.42 $ 2.40
AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC (IN MILLIONS) 292.9 292.9 292.6
AVERAGE NUMBER OF SHARES OUTSTANDING - DILUTED (IN MILLIONS) 294.4 294.5 294.4
CECONY [Member]
     
OPERATING REVENUES      
Electric 8,131 8,176 8,228
Gas 1,616 1,415 1,521
Steam 683 596 683
TOTAL OPERATING REVENUES 10,430 10,187 10,432
OPERATING EXPENSES      
Purchased power 2,021 1,968 2,313
Fuel 320 310 412
Gas purchased for resale 532 387 518
Other operations and maintenance 2,735 2,788 2,561
Depreciation and amortization 946 894 829
Taxes, other than income taxes 1,816 1,747 1,716
TOTAL OPERATING EXPENSES 8,370 8,094 8,349
OPERATING INCOME 2,060 2,093 2,083
OTHER INCOME (DEDUCTIONS)      
Investment and other income 11 9 4
Allowance for equity funds used during construction 2 2 8
Other deductions (12) (13) (14)
TOTAL OTHER INCOME 1 (2) (2)
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 2,061 2,091 2,081
INTEREST EXPENSE      
Interest on long-term debt 511 525 523
Other interest 11 22 16
Allowance for borrowed funds used during construction (1) (2) (5)
NET INTEREST EXPENSE 521 545 534
INCOME BEFORE INCOME TAX EXPENSE 1,540 1,546 1,547
INCOME TAX EXPENSE 520 529 558
NET INCOME 1,020 1,017 989
Preferred stock dividend requirements   (3) (11)
NET INCOME FOR COMMON STOCK $ 1,020 $ 1,014 $ 978