XML 41 R13.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Income Statement  - CECONY - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING REVENUES      
TOTAL OPERATING REVENUES $ 15,256 $ 14,663 $ 15,670
OPERATING EXPENSES      
Depreciation and amortization 2,155 2,031 2,056
Taxes, other than income taxes 3,280 3,043 3,005
TOTAL OPERATING EXPENSES 12,524 12,332 13,046
Operating income 2,670 3,196 2,624
OTHER INCOME (DEDUCTIONS)      
Investment income 62 62 20
Allowance for equity funds used during construction 38 26 19
Other deductions (80) (92) (115)
TOTAL OTHER INCOME 655 830 326
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 3,325 4,026 2,950
INTEREST EXPENSE (INCOME)      
Interest on long-term debt 1,084 962 987
Other interest expense (income) 166 113 (99)
Allowance for borrowed funds used during construction (63) (52) (36)
NET INTEREST EXPENSE 1,187 1,023 852
INCOME BEFORE INCOME TAX EXPENSE 2,138 3,003 2,098
INCOME TAX EXPENSE 318 487 498
NET INCOME FOR COMMON STOCK 1,820 2,519 1,660
CECONY      
OPERATING REVENUES      
TOTAL OPERATING REVENUES 14,129 13,476 13,268
OPERATING EXPENSES      
Depreciation and amortization 2,037 1,924 1,778
Taxes, other than income taxes 3,173 2,946 2,887
TOTAL OPERATING EXPENSES 11,536 11,299 11,133
Operating income 2,593 2,177 2,135
OTHER INCOME (DEDUCTIONS)      
Investment income 603 759 376
Allowance for equity funds used during construction 33 22 18
Other deductions (58) (49) (62)
TOTAL OTHER INCOME 578 732 332
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 3,171 2,909 2,467
INTEREST EXPENSE (INCOME)      
Interest on long-term debt 1,029 886 808
Other interest expense (income) 138 108 47
Allowance for borrowed funds used during construction (58) (49) (33)
NET INTEREST EXPENSE 1,109 945 822
INCOME BEFORE INCOME TAX EXPENSE 2,062 1,964 1,645
INCOME TAX EXPENSE 314 358 255
NET INCOME FOR COMMON STOCK 1,748 1,606 1,390
Electric      
OPERATING REVENUES      
TOTAL OPERATING REVENUES 11,568 10,835 10,522
Electric | CECONY      
OPERATING REVENUES      
TOTAL OPERATING REVENUES 10,717 10,078 9,751
Gas      
OPERATING REVENUES      
TOTAL OPERATING REVENUES 3,107 3,127 3,237
OPERATING EXPENSES      
Operating costs 599 829 1,245
Gas | CECONY      
OPERATING REVENUES      
TOTAL OPERATING REVENUES 2,834 2,829 2,924
OPERATING EXPENSES      
Operating costs 524 677 869
Steam      
OPERATING REVENUES      
TOTAL OPERATING REVENUES 578 569 593
Steam | CECONY      
OPERATING REVENUES      
TOTAL OPERATING REVENUES 578 569 593
Purchased power      
OPERATING EXPENSES      
Operating costs 2,569 2,541 2,479
Purchased power | CECONY      
OPERATING EXPENSES      
Operating costs 2,279 2,294 2,201
Fuel      
OPERATING EXPENSES      
Operating costs 170 282 356
Fuel | CECONY      
OPERATING EXPENSES      
Operating costs 170 282 356
Other operations and maintenance      
OPERATING EXPENSES      
Operating costs 3,751 3,606 3,905
Other operations and maintenance | CECONY      
OPERATING EXPENSES      
Operating costs 3,353 3,176 3,042
Non-utility      
OPERATING REVENUES      
TOTAL OPERATING REVENUES $ 3 $ 132 $ 1,318