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Pension Benefits (Tables) (Pension benefits [Member])
9 Months Ended
Sep. 30, 2013
Pension benefits [Member]
 
Companies' Net Periodic Benefit Costs

The components of the Companies’ net periodic benefit costs for the three and nine months ended September 30, 2013 and 2012 were as follows:

 

     For the Three Months Ended September 30,  
     Con Edison     CECONY  
(Millions of Dollars)   2013     2012     2013     2012  

Service cost – including administrative expenses

    $    67        $    59        $    62        $    55   

Interest cost on projected benefit obligation

    134        137        126        128   

Expected return on plan assets

    (187     (176     (178     (168

Recognition of net actuarial loss

    208        177        197        168   

Recognition of prior service costs

    1        2        1        2   

NET PERIODIC BENEFIT COST

    $ 223        $ 199        $ 208        $ 185   

Amortization of regulatory asset

    1               1          

TOTAL PERIODIC BENEFIT COST

    $ 224        $ 199        $ 209        $ 185   

Cost capitalized

    (86     (64     (78     (60

Reconciliation to rate level

    (31            (34     (1

Cost charged to operating expenses

    $ 107        $ 135        $   97        $ 124   

 

     For the Nine Months Ended September 30,  
     Con Edison     CECONY  
(Millions of Dollars)   2013     2012     2013     2012  

Service cost – including administrative expenses

    $ 200        $ 177        $ 186        $ 165   

Interest cost on projected benefit obligation

    403        410        377        385   

Expected return on plan assets

    (563     (528     (534     (503

Recognition of net actuarial loss

    624        531        591        503   

Recognition of prior service costs

    4        6        3        4   

NET PERIODIC BENEFIT COST

    $ 668        $ 596        $ 623        $ 554   

Amortization of regulatory asset

    2        1        2        1   

TOTAL PERIODIC BENEFIT COST

    $ 670        $ 597        $ 625        $ 555   

Cost capitalized

    (256     (200     (241     (186

Reconciliation to rate level

    (55     (37     (56     (36

Cost charged to operating expenses

    $ 359        $ 360        $ 328        $ 333