v3.26.1
CONSOLIDATED INCOME STATEMENT - CECONY (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
OPERATING REVENUES        
TOTAL OPERATING REVENUES $ 4,069 $ 3,595 $ 9,164 $ 8,393
OPERATING EXPENSES        
Depreciation and amortization 578 576 1,150 1,140
Taxes, other than income taxes 977 894 2,013 1,841
TOTAL OPERATING EXPENSES 3,517 3,240 7,434 6,913
OPERATING INCOME 552 355 1,730 1,480
OTHER INCOME (DEDUCTIONS)        
Investment and other income 11 17 29 33
Allowance for equity funds used during construction 24 18 47 36
Other deductions (13) (8) (27) (22)
TOTAL OTHER INCOME 170 241 338 462
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 722 596 2,257 1,942
INTEREST EXPENSE (INCOME)        
Interest on long-term debt 313 292 621 584
Other interest expense 20 26 38 64
Allowance for borrowed funds used during construction (19) (18) (37) (36)
NET INTEREST EXPENSE 314 300 622 612
INCOME BEFORE INCOME TAX EXPENSE 408 296 1,635 1,330
INCOME TAX EXPENSE 100 50 403 292
NET INCOME 308 246 1,232 1,038
Electric        
OPERATING REVENUES        
TOTAL OPERATING REVENUES 3,139 2,777 6,177 5,678
Gas        
OPERATING REVENUES        
TOTAL OPERATING REVENUES 811 711 2,435 2,253
OPERATING EXPENSES        
Operating costs 156 171 582 533
Steam        
OPERATING REVENUES        
TOTAL OPERATING REVENUES 118 106 550 460
Purchased power        
OPERATING EXPENSES        
Operating costs 837 649 1,593 1,370
Fuel        
OPERATING EXPENSES        
Operating costs 56 27 245 154
Other operations and maintenance        
OPERATING EXPENSES        
Operating costs 913 923 1,851 1,875
CECONY        
OPERATING REVENUES        
TOTAL OPERATING REVENUES 3,805 3,340 8,459 7,782
OPERATING EXPENSES        
Depreciation and amortization 544 544 1,082 1,077
Taxes, other than income taxes 952 869 1,958 1,789
TOTAL OPERATING EXPENSES 3,266 2,993 6,813 6,368
OPERATING INCOME 539 347 1,646 1,414
OTHER INCOME (DEDUCTIONS)        
Investment and other income 140 202 275 393
Allowance for equity funds used during construction 21 17 40 33
Other deductions (12) (10) (23) (19)
TOTAL OTHER INCOME 149 209 292 407
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE 688 556 1,938 1,821
INTEREST EXPENSE (INCOME)        
Interest on long-term debt 295 277 583 554
Other interest expense 16 25 30 58
Allowance for borrowed funds used during construction (17) (16) (33) (33)
NET INTEREST EXPENSE 294 286 580 579
INCOME BEFORE INCOME TAX EXPENSE 394 270 1,358 1,242
INCOME TAX EXPENSE 98 48 329 275
NET INCOME 296 222 1,029 967
CECONY | Electric        
OPERATING REVENUES        
TOTAL OPERATING REVENUES 2,934 2,581 5,692 5,267
CECONY | Gas        
OPERATING REVENUES        
TOTAL OPERATING REVENUES 753 653 2,217 2,055
OPERATING EXPENSES        
Operating costs 135 148 496 453
CECONY | Steam        
OPERATING REVENUES        
TOTAL OPERATING REVENUES 118 106 550 460
CECONY | Purchased power        
OPERATING EXPENSES        
Operating costs 765 579 1,374 1,215
CECONY | Fuel        
OPERATING EXPENSES        
Operating costs 56 27 245 154
CECONY | Other operations and maintenance        
OPERATING EXPENSES        
Operating costs $ 814 $ 826 $ 1,658 $ 1,680