Financial Information by Business Segment

9 Months Ended

Sep. 30, 2019

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, 2019 and 2018 were as follows:

	For the Three Months Ended September 30,
	Operating revenues		Inter-segment revenues				Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2019	2018	2019		2018		2019	2018	2019	2018
CECONY
Electric	$2,544	$2,571	$4		$4		$266	$248	$803	$850
Gas	275	264	2		2		58	52	(24)	(34)
Steam	58	64	18		19		22	22	(56)	(52)
Consolidation adjustments	—	—	(24)		(25)		—	—	—	—
Total CECONY	$2,877	$2,899		$—		$—	$346	$322	$723	$764
O&R
Electric	$210	$212		$—		$—	$16	$14	$56	$52
Gas	31	34	—		—		6	5	(10)	(10)
Total O&R	$241	$246		$—		$—	$22	$19	$46	$42
Clean Energy Businesses	$247	$181		$—		$—	$53	$18	$100	$25
Con Edison Transmission	1	1	—		—		—	—	(1)	(2)
Other (a)	(1)	1	—		—		—	1	(1)	(3)
Total Con Edison	$3,365	$3,328		$—		$—	$421	$360	$867	$826

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

	For the Nine Months Ended September 30,
	Operating revenues		Inter-segment revenues				Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2019	2018	2019		2018		2019	2018	2019	2018
CECONY
Electric	$6,174	$6,107	$13		$12		$785	$732	$1,374	$1,421
Gas	1,605	1,540	6		6		168	152	414	369
Steam	469	474	52		56		67	65	37	60
Consolidation adjustments	—	—	(71)		(74)		—	—	—	—
Total CECONY	$8,248	$8,121		$—		$—	$1,020	$949	$1,825	$1,850
O&R
Electric	$493	$505		$—		$—	$46	$41	$88	$79
Gas	185	186	—		—		17	16	25	31
Total O&R	$678	$691		$—		$—	$63	$57	$113	$110
Clean Energy Businesses	696	573	—		—		169	55	183	59
Con Edison Transmission	3	3	—		—		1	1	(5)	(5)
Other (a)	(2)	—	—		—		—	(1)	(5)	(7)
Total Con Edison	$9,623	$9,388		$—		$—	$1,253	$1,061	$2,111	$2,007

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