Financial Information by Business Segment

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Financial Information by Business Segment

Financial Information by Business Segment

Con Edison’s principal business segments are CECONY’s regulated utility activities, O&R’s regulated utility activities, the Clean Energy Businesses and Con Edison Transmission. CECONY’s principal business segments are its regulated electric, gas and steam utility activities. The financial data for the business segments for the three months ended March 31, 2022 and 2021 were as follows:

	For the Three Months Ended March 31,
	Operating revenues		Inter-segment revenues		Depreciation and amortization		Operating income/(loss)
(Millions of Dollars)	2022	2021	2022	2021	2022	2021	2022	2021
CECONY
Electric	$2,084	$1,968	$4	$4	$332	$315	$170	$247
Gas	1,131	973	2	2	90	77	451	439
Steam	302	264	19	19	24	23	90	100
Consolidation adjustments	—	—	(25)	(25)	—	—	—	—
Total CECONY	$3,517	$3,205	$—	$—	$446	$415	$711	$786
O&R
Electric	$166	$145	$—	$—	$17	$17	$8	$9
Gas	119	103	—	—	7	7	38	40
Total O&R	$285	$248	$—	$—	$24	$24	$46	$49
Clean Energy Businesses	$260	$224	$—	$—	$59	$58	$46	$28
Con Edison Transmission	1	1	—	—	—	—	(3)	(3)
Other (a)	(3)	(1)	—	—	—	—	(1)	—
Total Con Edison	$4,060	$3,677	$—	$—	$529	$497	$799	$860

(a) Parent company and consolidation adjustments. Other does not represent a business segment.