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Pension Benefits (Tables)
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Schedule of Total Periodic Benefit Costs
The components of the Companies’ total periodic 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 EdisonCECONY
(Millions of Dollars)2025202420252024
Service cost – including administrative expenses$42$46$40$43
Interest cost on projected benefit obligation170162159152
Expected return on plan assets(279)(282)(267)(268)
Recognition of net actuarial gain(67)1(63)1
Recognition of prior service credit(5)(4)(5)(5)
TOTAL PERIODIC BENEFIT CREDIT$(139)$(77)$(136)$(77)
Cost capitalized(24)(23)(22)(22)
Reconciliation to rate level(13)8(14)5
Total credit recognized$(176)$(92)$(172)$(94)

For the Six Months Ended June 30,
Con EdisonCECONY
(Millions of Dollars)2025202420252024
Service cost – including administrative expenses$84$89$79$84
Interest cost on projected benefit obligation338321318302
Expected return on plan assets(558)(564)(533)(538)
Recognition of net actuarial gain(133)(3)(126)(4)
Recognition of prior service credit(9)(9)(10)(10)
TOTAL PERIODIC BENEFIT CREDIT$(278)$(166)$(272)$(166)
Cost capitalized(45)(46)(42)(43)
Reconciliation to rate level(29)27(30)21
Total credit recognized$(352)$(185)$(344)$(188)
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)