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Capitalization (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Carrying Amounts and Fair Values of Long-Term Debt
The carrying amounts and fair values of long-term debt at June 30, 2024 and December 31, 2023 were:
(Millions of Dollars)20242023
Long-Term Debt (including current portion) (a)Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
Con Edison (b)$23,561$20,951$22,177$20,525
CECONY$22,444$19,985$21,060$19,517
(a)Amounts shown are net of unamortized debt expense and unamortized debt discount of $239 million and $231 million for Con Edison and CECONY, respectively, as of June 30, 2024 and $222 million and $215 million for Con Edison and CECONY, respectively, as of December 31, 2023.
(b)Amounts shown exclude the debt of Broken Bow II, a deferred project that was classified as held for sale as of December 31, 2023. The carrying value and fair value of Broken Bow II's long-term debt, including the current portion, as of June 30, 2024 was $61 million and $55 million, respectively. On March 1, 2023, Con Edison completed the sale of all of the stock of the Clean Energy Businesses. See Note Q and Note R.