v3.26.1
CONSOLIDATED BALANCE SHEET (UNAUDITED) - CECONY - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and temporary cash investments $ 1,470 $ 1,629
Accounts receivable 2,559 2,583
Other receivables, net allowance for uncollectible accounts of $8 and $27 in 2026 and 2025, respectively 176 232
Taxes receivable 64 11
Fuel oil, gas in storage, materials and supplies, at average cost 534 530
Prepayments 440 381
Regulatory assets 271 103
Revenue decoupling mechanism receivable 242 213
Other current assets 169 161
TOTAL CURRENT ASSETS 6,790 6,750
INVESTMENTS 1,101 1,213
UTILITY PLANT, AT ORIGINAL COST    
General 4,744 4,576
TOTAL 70,369 68,451
Less: Accumulated depreciation 16,933 16,463
Net 53,436 51,988
Construction work in progress 3,666 3,414
NET UTILITY PLANT 57,102 55,402
NON-UTILITY PLANT    
Non-utility property, net accumulated depreciation of $25 in 2026 and 2025 2 1
NET PLANT 57,104 55,403
OTHER NONCURRENT ASSETS    
Regulatory assets 5,681 5,599
Operating lease right-of-use asset 468 489
Pension and retiree benefits 4,328 4,227
Fair value of derivative assets 145 126
Other deferred charges and noncurrent assets 436 390
TOTAL OTHER NONCURRENT ASSETS 11,464 11,237
TOTAL ASSETS 76,459 74,603
CURRENT LIABILITIES    
Long-term debt due within one year 250 250
Term loan 0 500
Notes payable 721 1,575
Accounts payable 1,772 1,947
Customer deposits 548 498
Accrued taxes 97 104
Accrued interest 229 223
Accrued wages 150 140
Fair value of derivative liabilities 20 46
Regulatory liabilities 534 249
System benefit charge 391 415
Operating lease liabilities 125 123
Other current liabilities 240 291
TOTAL CURRENT LIABILITIES 5,354 6,614
NONCURRENT LIABILITIES    
Provision for injuries and damages 186 201
Pensions and retiree benefits 582 564
Superfund and other environmental costs 1,078 1,079
Asset retirement obligations 489 478
Fair value of derivative liabilities 3 8
Deferred income taxes and unamortized investment tax credits 10,127 9,619
Operating lease liabilities 381 377
Regulatory liabilities 5,124 5,374
Other deferred credits and noncurrent liabilities 573 548
TOTAL NONCURRENT LIABILITIES 18,543 18,248
LONG-TERM DEBT 26,843 25,551
Commitments, Contingencies, and Guarantees (Note B, Note G, and Note H)
SHAREHOLDER’S EQUITY    
Common stock, $0.10 par value, 500 shares authorized, shares outstanding of 370 and 361, respectively 40 39
Treasury stock, $0.10 par value, 34 shares (2,017) (2,017)
Additional paid-in-capital 12,394 11,436
Retained earnings 15,441 14,857
Accumulated other comprehensive loss 12 15
Capital stock expense (151) (140)
TOTAL SHAREHOLDER'S EQUITY 25,719 24,190
TOTAL LIABILITIES AND EQUITY 76,459 74,603
CECONY    
CURRENT ASSETS    
Cash and temporary cash investments 1,418 1,581
Other receivables, net allowance for uncollectible accounts of $8 and $27 in 2026 and 2025, respectively 158 213
Taxes receivable 623 769
Fuel oil, gas in storage, materials and supplies, at average cost 481 477
Prepayments 393 329
Regulatory assets 264 95
Restricted cash 242 202
Revenue decoupling mechanism receivable 178 74
Other current assets 163 153
TOTAL CURRENT ASSETS 6,633 6,433
INVESTMENTS 749 725
UTILITY PLANT, AT ORIGINAL COST    
General 4,383 4,226
TOTAL 65,951 64,190
Less: Accumulated depreciation 15,747 15,321
Net 50,204 48,869
Construction work in progress 3,203 2,991
NET UTILITY PLANT 53,407 51,860
NON-UTILITY PLANT    
Non-utility property, net accumulated depreciation of $25 in 2026 and 2025 2 1
NET PLANT 53,409 51,861
OTHER NONCURRENT ASSETS    
Regulatory assets 5,294 5,235
Operating lease right-of-use asset 467 488
Pension and retiree benefits 4,206 4,106
Fair value of derivative assets 137 117
Other deferred charges and noncurrent assets 392 351
TOTAL OTHER NONCURRENT ASSETS 10,496 10,297
TOTAL ASSETS 71,287 69,316
CURRENT LIABILITIES    
Long-term debt due within one year 250 250
Term loan 0 500
Notes payable 480 1,240
Customer deposits 529 481
Accrued taxes 92 95
Accrued taxes to affiliated companies 2 2
Accrued interest 212 206
Accrued wages 137 128
Fair value of derivative liabilities 14 41
Regulatory liabilities 443 205
System benefit charge 360 382
Operating lease liabilities 124 122
Customer credits 278 253
Other current liabilities 209 252
TOTAL CURRENT LIABILITIES 4,795 5,944
NONCURRENT LIABILITIES    
Provision for injuries and damages 182 197
Pensions and retiree benefits 541 522
Superfund and other environmental costs 980 980
Asset retirement obligations 486 476
Fair value of derivative liabilities 3 6
Deferred income taxes and unamortized investment tax credits 9,934 9,400
Operating lease liabilities 381 377
Regulatory liabilities 4,607 4,879
Other deferred credits and noncurrent liabilities 460 438
TOTAL NONCURRENT LIABILITIES 17,574 17,275
LONG-TERM DEBT 25,351 24,060
Commitments, Contingencies, and Guarantees (Note B, Note G, and Note H)
SHAREHOLDER’S EQUITY    
Common stock, $0.10 par value, 500 shares authorized, shares outstanding of 370 and 361, respectively 589 589
Treasury stock, $0.10 par value, 34 shares (962) (962)
Additional paid-in-capital 11,730 10,604
Retained earnings 12,299 11,887
Accumulated other comprehensive loss (3) (3)
Capital stock expense (86) (78)
TOTAL SHAREHOLDER'S EQUITY 23,567 22,037
TOTAL LIABILITIES AND EQUITY 71,287 69,316
Nonrelated Party | CECONY    
CURRENT ASSETS    
Accounts receivable 2,448 2,470
CURRENT LIABILITIES    
Accounts payable 1,631 1,752
Related Party | CECONY    
CURRENT ASSETS    
Accounts receivable 265 70
CURRENT LIABILITIES    
Accounts payable 34 35
Electric    
UTILITY PLANT, AT ORIGINAL COST    
Utility plant, at original cost 45,885 44,488
Electric | CECONY    
UTILITY PLANT, AT ORIGINAL COST    
Utility plant, at original cost 43,158 41,853
Gas    
UTILITY PLANT, AT ORIGINAL COST    
Utility plant, at original cost 16,450 16,127
Gas | CECONY    
UTILITY PLANT, AT ORIGINAL COST    
Utility plant, at original cost 15,120 14,851
Steam    
UTILITY PLANT, AT ORIGINAL COST    
Utility plant, at original cost 3,290 3,260
Steam | CECONY    
UTILITY PLANT, AT ORIGINAL COST    
Utility plant, at original cost $ 3,290 $ 3,260