Financial Information by Business Segment

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Financial Information by Business Segment

Financial Information by Business Segment

Con Edison’s principal business segments are CECONY’s regulated utility activities, O&R’s regulated utility activities, the Clean Energy Businesses and Con Edison Transmission. CECONY’s principal business segments are its regulated electric, gas and steam utility activities. The financial data for the business segments for the three and nine months ended September 30, 2017 and 2016 were as follows:

	For the Three Months Ended September 30,
	Operating revenues		Inter-segment revenues				Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2017	2016	2017		2016		2017	2016	2017	2016
CECONY
Electric	$2,469	$2,557	$4		$5		$232	$217	$855	$841
Gas	268	208	2		1		47	41	(12)	(28)
Steam	62	63	19		22		21	20	(43)	(47)
Consolidation adjustments	—	—	(25)		(28)		—	—	—	—
Total CECONY	$2,799	$2,828		$—		$—	$300	$278	$800	$766
O&R
Electric	$206	$213		$—		$—	$13	$12	$56	$55
Gas	28	27	—		—		5	5	(11)	(7)
Total O&R	$234	$240		$—		$—	$18	$17	$45	$48
Clean Energy Businesses	$177	$350		$—	$(2)		$19	$11	$29	$125
Con Edison Transmission	1	—	—		—		—	—	(2)	(1)
Other (a)	—	(1)	—		2		—	(1)	1	2
Total Con Edison	$3,211	$3,417		$—		$—	$337	$305	$873	$940

	For the Nine Months Ended September 30,
	Operating revenues		Inter-segment revenues				Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2017	2016	2017		2016		2017	2016	2017	2016
CECONY
Electric	$6,079	$6,222	$12		$13		$690	$645	$1,477	$1,487
Gas	1,421	1,113	5		4		137	118	362	273
Steam	448	406	55		65		64	62	52	39
Consolidation adjustments	—	—	(72)		(82)		—	—	—	—
Total CECONY	$7,948	$7,741		$—		$—	$891	$825	$1,891	$1,799
O&R
Electric	$495	$497		$—		$—	$38	$37	$83	$86
Gas	172	133	—		—		15	13	33	28
Total O&R	$667	$630		$—		$—	$53	$50	$116	$114
Clean Energy Businesses	$460	$998		$—	$7		$54	$30	$63	$184
Con Edison Transmission	1	—	—		—		—	—	(6)	(1)
Other (a)	(4)	(1)	—		(7)		—	—	2	1
Total Con Edison	$9,072	$9,368		$—		$—	$998	$905	$2,066	$2,097

(a)Parent company and consolidation adjustments. Other does not represent a business segment.