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Leases (Tables)

12 Months Ended

Dec. 31, 2011


	Con Edison				CECONY
*(millions of dollars)*	2011		2010		2011		2010
UTILITY PLANT
Transmission	$	1	$	2	$	1	$	2
Common		8		11		6		11
TOTAL	$	9	$	13	$	7	$	13

Future Minimum Lease Commitments


*(millions of dollars)*	Con Edison		CECONY
2012	$	6	$	6
2013
2014		1		1
2015		1		1
2016
All years thereafter		1		1
Total		9		9
Less: amount representing interest		2		2
Present value of net minimum lease payment	$	7	$	7

Future Minimum Lease Commitments


*(millions of dollars)*	Con Edison		CECONY
2012	$	50	$	47
2013		52		49
2014		45		43
2015		14		11
2016		13		10
All years thereafter		89		77
Total	$	263	$	237

- Definition

The entire disclosure for lessor's leasing arrangements, which includes direct financing, sales type and leveraged leases. Disclosure may include the effect on the balance sheet and the income statement resulting from a change in lease classification for leases that at inception would have been classified differently had guidance been in effect at the inception of the original lease.

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