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Other Postretirement Benefits
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Other Postretirement Benefits Other Postretirement Benefits
Total Periodic Benefit Credit
The components of the Companies’ total periodic other postretirement benefit credit for the three and six months ended June 30, 2025 and 2024 were as follows:
 
For the Three Months Ended June 30,
  
          Con Edison          CECONY
(Millions of Dollars)2025202420252024
Service cost - including administrative expenses$3$3$2$3
Interest cost on projected other postretirement benefit obligation12121010
Expected return on plan assets(17)(17)(13)(14)
Recognition of net actuarial gain(7)(5)(4)(4)
TOTAL PERIODIC OTHER POSTRETIREMENT CREDIT$(9)$(7)$(5)$(5)
Cost capitalized(2)(2)(1)(1)
Reconciliation to rate level4423
Total credit recognized$(7)$(5)$(4)$(3)

For the Six Months Ended June 30,
  
          Con Edison          CECONY
(Millions of Dollars)2025202420252024
Service cost - including administrative expenses$6$6$5$5
Interest cost on projected other postretirement benefit obligation24242120
Expected return on plan assets(34)(34)(27)(27)
Recognition of net actuarial gain(13)(10)(9)(7)
Recognition of prior service credit(1)(1)
TOTAL PERIODIC OTHER POSTRETIREMENT CREDIT$(18)$(15)$(10)$(9)
Cost capitalized(3)(3)(2)(2)
Reconciliation to rate level6846
Total credit recognized$(15)$(10)$(8)$(5)

The components of total periodic other postretirement credit are presented in the Companies' consolidated income statements consistent with the description of the components of net periodic benefit credit in Note E.

Expected Contributions
Based on estimates as of June 30, 2025, the Companies expect to make a contribution of $7 million (all of which is expected to be made by CECONY) to the other postretirement benefit plans in 2025. The Companies’ policy is to fund the total periodic benefit cost of the plans to the extent tax deductible.