XML 36 R21.htm IDEA: XBRL DOCUMENT v3.25.3
Other Postretirement Benefits
 9 Months Ended
Sep. 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 nine months ended September 30, 2025 and 2024 were as follows:
For the Three Months Ended September 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)$(5)
Cost capitalized(1)(2)(1)(1)
Reconciliation to rate level3423
Total credit recognized$(7)$(5)$(4)$(3)

For the Nine Months Ended September 30,
  
          Con Edison          CECONY
(Millions of Dollars)2025202420252024
Service cost - including administrative expenses$8$9$7$8
Interest cost on projected other postretirement benefit obligation36353130
Expected return on plan assets(50)(51)(40)(41)
Recognition of net actuarial gain(20)(14)(13)(11)
Recognition of prior service credit(1)(1)——
TOTAL PERIODIC OTHER POSTRETIREMENT CREDIT$(27)$(22)$(15)$(14)
Cost capitalized(4)(4)(3)(4)
Reconciliation to rate level912610
Total credit recognized$(22)$(14)$(12)$(8)

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
As of September 30, 2025, the Companies contributed $7 million (all of which was contributed 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.