Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease Costs, Cash Flows and Other Related Information

Other information related to leases for Con Edison and CECONY at December 31, 2019 was as follows:

	Con Edison	CECONY
Weighted Average Remaining Lease Term:
Operating leases	19.8 years	14.0 years
Finance leases	12.2 years	2.4 years
Weighted Average Discount Rate:
Operating leases	4.3%	3.6%
Finance leases	3.5%	4.1%

Operating lease cost and cash paid for amounts included in the measurement of lease liabilities for the twelve months ended December 31, 2019, were as follows:

(Millions of Dollars)	Con Edison		CECONY
Operating lease cost		$83		$64
Operating lease cash flows		$75		$60

Operating Leases, Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases at December 31, 2019 were as follows:

(Millions of Dollars)	Con Edison				CECONY
Year Ending December 31,	Operating Leases		Finance Leases		Operating Leases		Finance Leases
2020		$78		$—		$60		$—
2021	75		—		57		—
2022	73		—		55		—
2023	72		—		54		—
2024	72		—		55		—
All years thereafter	992		1		501		—
Total future minimum lease payments		$1,362		$1		$782		$—
Less: imputed interest	(488)		—		(177)		—
Total		$874		$1		$605		$—
Reported as of December 31, 2019
Operating lease liabilities (current)		$65		$—		$54		$—
Operating lease liabilities (noncurrent)	809		—		551		—
Other noncurrent liabilities	—		1		—		—
Total		$874		$1		$605		$—

Finance Leases, Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases at December 31, 2019 were as follows:

(Millions of Dollars)	Con Edison				CECONY
Year Ending December 31,	Operating Leases		Finance Leases		Operating Leases		Finance Leases
2020		$78		$—		$60		$—
2021	75		—		57		—
2022	73		—		55		—
2023	72		—		54		—
2024	72		—		55		—
All years thereafter	992		1		501		—
Total future minimum lease payments		$1,362		$1		$782		$—
Less: imputed interest	(488)		—		(177)		—
Total		$874		$1		$605		$—
Reported as of December 31, 2019
Operating lease liabilities (current)		$65		$—		$54		$—
Operating lease liabilities (noncurrent)	809		—		551		—
Other noncurrent liabilities	—		1		—		—
Total		$874		$1		$605		$—

Future Minimum Lease Commitments Accounted for Under Topic 840

The future minimum lease commitments at December 31, 2018, accounted for under Topic 840, for the Companies’ operating lease agreements that are not cancellable by the Companies were as follows:

(Millions of Dollars)	Con Edison	CECONY
2019	$72	$56
2020	72	56
2021	71	54
2022	68	53
2023	68	53
All years thereafter	890	592
Total	$1,241	$864