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CONSOLIDATED INCOME STATEMENT - CECONY (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING REVENUES    
TOTAL OPERATING REVENUES $ 4,798 $ 4,280
OPERATING EXPENSES    
Depreciation and amortization 564 539
Taxes, other than income taxes 947 808
TOTAL OPERATING EXPENSES 3,673 3,239
OPERATING INCOME 1,125 1,011
OTHER INCOME (DEDUCTIONS)    
Investment and other income 16 19
Allowance for equity funds used during construction 18 10
Other deductions (14) (11)
TOTAL OTHER INCOME 221 182
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 1,346 1,193
INTEREST EXPENSE (INCOME)    
Interest on long-term debt 292 255
Other interest expense 39 48
Allowance for borrowed funds used during construction (18) (14)
NET INTEREST EXPENSE 313 289
INCOME BEFORE INCOME TAX EXPENSE 1,033 904
INCOME TAX EXPENSE 242 184
NET INCOME FOR COMMON STOCK 791 720
Electric    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 2,901 2,636
Gas    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 1,543 1,356
OPERATING EXPENSES    
Operating costs 362 267
Steam    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 354 287
Purchased power    
OPERATING EXPENSES    
Operating costs 721 649
Fuel    
OPERATING EXPENSES    
Operating costs 127 88
Other operations and maintenance    
OPERATING EXPENSES    
Operating costs 952 888
CECONY    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 4,441 3,971
OPERATING EXPENSES    
Depreciation and amortization 533 510
Taxes, other than income taxes 920 781
TOTAL OPERATING EXPENSES 3,374 2,982
OPERATING INCOME 1,067 989
OTHER INCOME (DEDUCTIONS)    
Investment and other income 190 156
Allowance for equity funds used during construction 17 9
Other deductions (9) (9)
TOTAL OTHER INCOME 198 156
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 1,265 1,145
INTEREST EXPENSE (INCOME)    
Interest on long-term debt 277 242
Other interest expense 33 41
Allowance for borrowed funds used during construction (17) (13)
NET INTEREST EXPENSE 293 270
INCOME BEFORE INCOME TAX EXPENSE 972 875
INCOME TAX EXPENSE 227 181
NET INCOME FOR COMMON STOCK 745 694
CECONY | Electric    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 2,686 2,441
CECONY | Gas    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 1,401 1,243
OPERATING EXPENSES    
Operating costs 305 235
CECONY | Steam    
OPERATING REVENUES    
TOTAL OPERATING REVENUES 354 287
CECONY | Purchased power    
OPERATING EXPENSES    
Operating costs 635 579
CECONY | Fuel    
OPERATING EXPENSES    
Operating costs 127 88
CECONY | Other operations and maintenance    
OPERATING EXPENSES    
Operating costs $ 854 $ 789