Capitalization (Tables)

9 Months Ended

Sep. 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 September 30, 2024 and December 31, 2023 were:

(Millions of Dollars)	2024		2023
Long-Term Debt (including current portion) (a)	Carrying Amount	Fair Value	Carrying Amount	Fair Value
Con Edison (b)	$23,688	$22,535	$22,177	$20,525
CECONY	$22,446	$21,371	$21,060	$19,517

(a)Amounts shown are net of unamortized debt expense and unamortized debt discount of $237 million and $229 million for Con Edison and CECONY, respectively, as of September 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 September 30, 2024 was $61 million and $58 million, respectively. On March 1, 2023, Con Edison completed the sale of all of the stock of the Clean Energy Businesses. See Note R and Note S.