Pension Benefits (Tables)

3 Months Ended

Mar. 31, 2016

Pension Benefits

Total Periodic Benefit Costs

The components of the Companies’ total periodic benefit costs for the three months ended March 31, 2016 and 2015 were as follows:

	For the Three Months Ended March 31,
	Con Edison		CECONY
(Millions of Dollars)	2016	2015	2016	2015
Service cost – including administrative expenses	$69	$74	$65	$70
Interest cost on projected benefit obligation	149	144	140	135
Expected return on plan assets	(237)	(222)	(225)	(210)
Recognition of net actuarial loss	149	194	141	183
Recognition of prior service costs	1	1	—	—
TOTAL PERIODIC BENEFIT COST	$131	$191	$121	$178
Cost capitalized	(52)	(68)	(49)	(65)
Reconciliation to rate level	12	(24)	13	(24)
Cost charged to operating expenses	$91	$99	$85	$89