Lease In/Lease Out Transactions (Tables)

9 Months Ended

Sep. 30, 2014

Leases [Abstract]

Schedule of Effect of LILO Transactions on Consolidated Income Statement

The effect of the LILO transactions on Con Edison’s consolidated income statement for the three and nine months ended as of September 30, 2014 and 2013 was as follows:

	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
(Millions of Dollars)	2014		2013			2014			2013
Increase/(decrease) to non-utility operating revenues	$	—	$	44		$	—		$	(27	)
(Increase)/decrease to other interest expense		—		—			13			(131	)
Income tax benefit/(expense)		—		(18	)		(6	)		63
Total increase/(decrease) in net income	$	—	$	26		$	7		$	(95	)