Pension Benefits (Tables)

3 Months Ended

Mar. 31, 2015

Pension Benefits [Member]

Total Periodic Benefit Costs

The components of the Companies’ total periodic benefit costs for the three months ended March 31, 2015 and 2014 were as follows:

	Con Edison						CECONY
(Millions of Dollars)	2015			2014			2015			2014
Service cost – including administrative expenses	$	74		$	57		$	70		$	53
Interest cost on projected benefit obligation		144			143			135			134
Expected return on plan assets		(222	)		(208	)		(210	)		(197	)
Recognition of net actuarial loss		194			154			183			146
Recognition of prior service costs		1			1			—			1
TOTAL PERIODIC BENEFIT COST	$	191		$	147		$	178		$	137
Cost capitalized		(68	)		(51	)		(65	)		(49	)
Reconciliation to rate level		(24	)		26			(24	)		23
Cost charged to operating expenses	$	99		$	122		$	89		$	111

Other Postretirement Benefits [Member]

Total Periodic Benefit Costs

The components of the Companies’ total periodic other postretirement benefit costs for the three months ended March 31, 2015 and 2014 were as follows:

	Con Edison						CECONY
(Millions of Dollars)	2015			2014			2015			2014
Service cost	$	5		$	5		$	4		$	4
Interest cost on accumulated other postretirement benefit obligation		13			15			11			13
Expected return on plan assets		(20	)		(19	)		(17	)		(17	)
Recognition of net actuarial loss		8			14			7			13
Recognition of prior service cost		(5	)		(5	)		(4	)		(4	)
TOTAL PERIODIC OTHER POSTRETIREMENT BENEFIT COST	$	1		$	10		$	1		$	9
Cost capitalized		(1	)		(4	)		(1	)		(3	)
Reconciliation to rate level		4			3			2			—
Cost charged to operating expenses	$	4		$	9		$	2		$	6