v3.26.1
Financial Information by Business Segment
 6 Months Ended
Jun. 30, 2026
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 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 as of and for the three and six months ended June 30, 2026 and 2025 were as follows:
 
As of and for the Three Months Ended June 30, 2026
Operating
revenues		Inter-segment
revenues		Other operations and maintenance (b)Depreciation and
amortization		Other operating expense (b)Operating
income (loss)		Other Income (deductions)Interest ExpenseAllowance for borrowed funds used during constructionIncome Tax ExpenseTotal assetsCapital expenditures
(Millions of Dollars)
CECONY
Electric$2,934$5$610$392$1,507$425$108$218$(13)$87$50,354$1,019
Gas75321421223171723578(4)3018,452302
Steam11821623084(58)615—(19)2,48126
Consolidation adjustments—(28)——————————
Total CECONY$3,805$—$814$544$1,908$539$149$311$(17)$98$71,287$1,347
O&R
Electric205—75238720813(2)33,05695
Gas58—211130(4)27—(3)1,54142
Total O&R$263$—$96$34$117$16$10$20$(2)$—$4,597$137
Con Edison Transmission1—2——(1)11——338115
Other (a)——1—1(2)—2—(1)194—
Total Con Edison$4,069$—$913$578$2,026$552$170$333$(19)$100$76,459$1,499
(a)    Other includes the parent company, Con Edison’s tax equity investments and consolidation adjustments.
(b)    Other operations and maintenance expenses constitute significant segment expenses which are regularly provided to the chief operating decision makers. Other operating expense includes other segment items (purchased power, fuel, gas purchased for resale, taxes other than income taxes).
As of and for the Three Months Ended June 30, 2025
Operating
revenues		Inter-segment
revenues		Other operations and maintenance (b)Depreciation and
amortization		Other operating expense (b)Operating
income (loss)		Other Income (deductions)Interest ExpenseAllowance for borrowed funds used during constructionIncome Tax ExpenseTotal assetsCapital expenditures
(Millions of Dollars)
CECONY
Electric$2,581$5$636$396$1,237$312$159$212$(11)$51$46,885$814
Gas6532134119314863775(5)1116,749314
Steam10619562972(51)1315—(14)2,93126
Consolidation adjustments—(26)——————————
Total CECONY$3,340$—$826$544$1,623$347$209$302$(16)$48$66,565$1,154
O&R
Electric196—73228516811(2)32,71964
Gas58—20932(3)36—(2)1,40532
Total O&R$254$—$93$31$117$13$11$17$(2)$1$4,124$96
Con Edison Transmission1—4——(3)17——449015
Other (a)———11(2)4(1)—(3)322—
Total Con Edison$3,595$—$923$576$1,741$355$241$318$(18)$50$71,501$1,265
(a)    Other includes the parent company, Con Edison’s tax equity investments, and consolidation adjustments.
(b)    Other operations and maintenance expenses constitute significant segment expenses which are regularly provided to the chief operating decision makers. Other operating expense includes other segment items (purchased power, fuel, gas purchased for resale, taxes other than income taxes).
As of and for the Six Months Ended June 30, 2026
Operating
revenues		Inter-segment
revenues		Other operations and maintenance (b)Depreciation and
amortization		Other operating expense (b)Operating
income (loss)		Other Income (deductions)Interest ExpenseAllowance for borrowed funds used during constructionIncome Tax ExpenseTotal assetsCapital expenditures
(Millions of Dollars)
CECONY
Electric$5,692$10$1,259$779$2,894$760$213$427$(25)$147$50,354$1,842
Gas2,217527924490179367156(8)16918,452521
Steam5504012059278931230—132,48150
Consolidation adjustments—(55)——————————
Total CECONY$8,459$—$1,658$1,082$4,073$1,646$292$613$(33)$329$71,287$2,413
O&R
Electric487—14645251451526(3)83,056148
Gas217—432210547414(1)81,54163
Total O&R$704$—$189$67$356$92$19$40$(4)$16$4,597$211
Con Edison Transmission2—5——(3)26——6238131
Other (a)(1)—(1)14(5)16—(4)194—
Total Con Edison$9,164$—$1,851$1,150$4,433$1,730$338$659$(37)$403$76,459$2,655
(a)    Other includes the parent company, Con Edison’s tax equity investments and consolidation adjustments.
(b)    Other operations and maintenance expenses constitute significant segment expenses which are regularly provided to the chief operating decision makers. Other operating expense includes other segment items (purchased power, fuel, gas purchased for resale, taxes other than income taxes).
As of and for the Six Months Ended June 30, 2025
Operating
revenues		Inter-segment
revenues		Other operations and maintenance (b)Depreciation and
amortization		Other operating expense (b)Operating
income (loss)		Other Income (deductions)Interest ExpenseAllowance for borrowed funds used during constructionIncome Tax ExpenseTotal assetsCapital expenditures
(Millions of Dollars)
CECONY
Electric$5,267$10$1,295$784$2,586$602$313$431$(23)$88$46,885$1,505
Gas2,055527323781972669152(9)16916,749586
Steam4603811256206862529(1)182,93155
Consolidation adjustments—(53)——————————
Total CECONY$7,782$—$1,680$1,077$3,611$1,414$407$612$(33)$275$66,565$2,146
O&R
Electric411—14843187331722(3)62,719122
Gas199—40199842612—81,40559
Total O&R$610$—$188$62$285$75$23$34$(3)$14$4,124$181
Con Edison Transmission2—7——(5)33——849029
Other (a)(1)——12(4)(1)2—(5)322—
Total Con Edison$8,393$—$1,875$1,140$3,898$1,480$462$648$(36)$292$71,501$2,356
(a)    Other includes the parent company, Con Edison’s tax equity investments, consolidation adjustments and Broken Bow II, the deferred project that was classified as held for sale at December 31, 2024, with the sale and transfer completed in January 2025. See Note Q.
(b)    Other operations and maintenance expenses constitute significant segment expenses which are regularly provided to the chief operating decision makers. Other operating expense includes other segment items (purchased power, fuel, gas purchased for resale, taxes other than income taxes).