XML 37 R29.htm IDEA: XBRL DOCUMENT
v3.20.1

Regulatory Matters (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Regulated Operations [Abstract] |
Schedule of Regulatory Assets | Regulatory assets and liabilities at March 31, 2020 and December 31, 2019 were comprised of the following items:
| Con Edison |  | CECONY
(Millions of Dollars) | 2020 | 2019 |  |  | 2020 |  | 2019 |
Regulatory assets |  |  |  |  |
Unrecognized pension and other postretirement costs | $2,246 | $2,541 |  | $2,113 | $2,403
Environmental remediation costs | 735 | 732 |  | 652 | 647
Revenue taxes | 333 | 321 |  | 318 | 308
Property tax reconciliation | 229 | 219 |  | 222 | 210
MTA power reliability deferral | 224 | 248 |  | 224 | 248
Pension and other postretirement benefits deferrals | 197 | 71 |  | 169 | 47
Deferred derivative losses | 128 | 83 |  | 118 | 76
System peak reduction and energy efficiency programs | 115 | 131 |  | 114 | 130
Municipal infrastructure support costs | 78 | 75 |  | 78 | 75
Deferred storm costs | 73 | 77 |  | — |  | — |
Brooklyn Queens demand management program | 39 | 39 |  | 39 | 39
Meadowlands heater odorization project | 34 | 35 |  | 34 | 35
Unamortized loss on reacquired debt | 26 | 28 |  | 24 | 26
Recoverable REV demonstration project costs | 23 | 21 |  | 20 | 19
Preferred stock redemption | 22 | 22 |  | 22 | 22
Gate station upgrade project | 19 | 19 |  | 19 | 19
Non-wire alternative projects | 14 | 14 |  | 14 | 14
Workers’ compensation | 2 | 3 |  | 2 | 3
Other | 195 | 180 |  | 183 | 166
Regulatory assets – noncurrent | 4,732 | 4,859 |  | 4,365 | 4,487
Deferred derivative losses | 142 | 128 |  | 125 | 113
Recoverable energy costs | 1 | — |  |  | — |  | — |
Regulatory assets – current | 143 | 128 |  | 125 | 113
Total Regulatory Assets | $4,875 | $4,987 |  | $4,490 | $4,600
Regulatory liabilities |  |  |  |  |
Future income tax | $2,374 | $2,426 |  | $2,224 | $2,275
Allowance for cost of removal less salvage | 1,007 | 989 |  | 859 | 843
TCJA net benefits* | 421 | 471 |  | 407 | 454
Net proceeds from sale of property | 166 | 173 |  | 166 | 173
Energy efficiency portfolio standard unencumbered funds | 120 | 122 |  | 117 | 118
Net unbilled revenue deferrals | 95 | 199 |  | 95 | 199
Pension and other postretirement benefit deferrals | 65 | 75 |  | 35 | 46
System benefit charge carrying charge | 53 | 48 |  | 47 | 44
Property tax refunds | 41 | 45 |  | 41 | 45
Unrecognized other postretirement costs | 37 | 9 |  | 3 | — |
BQDM and REV Demo reconciliations | 27 | 27 |  | 25 | 26
Settlement of gas proceedings | 24 | 10 |  | 24 | 10
Sales and use tax refunds | 19 | 8 |  | 19 | 8
Earnings sharing - electric, gas and steam | 18 | 22 |  | 10 | 15
Settlement of prudence proceeding | 7 | 8 |  | 7 | 8
Other | 215 | 195 |  | 183 | 163
Regulatory liabilities – noncurrent | 4,689 | 4,827 |  | 4,262 | 4,427
Refundable energy costs | 68 | 44 |  | 38 | 12
Deferred derivative gains | 33 | 34 |  | 33 | 34
Revenue decoupling mechanism | 22 | 24 |  | 22 | 17
Regulatory liabilities – current | 123 | 102 |  | 93 | 63
Total Regulatory Liabilities | $4,812 | $4,929 |  | $4,355 | $4,490
* See "Other Regulatory Matters," above.
Schedule of Regulatory Liabilities | Regulatory assets and liabilities at March 31, 2020 and December 31, 2019 were comprised of the following items:
| Con Edison |  | CECONY
(Millions of Dollars) | 2020 | 2019 |  |  | 2020 |  | 2019 |
Regulatory assets |  |  |  |  |
Unrecognized pension and other postretirement costs | $2,246 | $2,541 |  | $2,113 | $2,403
Environmental remediation costs | 735 | 732 |  | 652 | 647
Revenue taxes | 333 | 321 |  | 318 | 308
Property tax reconciliation | 229 | 219 |  | 222 | 210
MTA power reliability deferral | 224 | 248 |  | 224 | 248
Pension and other postretirement benefits deferrals | 197 | 71 |  | 169 | 47
Deferred derivative losses | 128 | 83 |  | 118 | 76
System peak reduction and energy efficiency programs | 115 | 131 |  | 114 | 130
Municipal infrastructure support costs | 78 | 75 |  | 78 | 75
Deferred storm costs | 73 | 77 |  | — |  | — |
Brooklyn Queens demand management program | 39 | 39 |  | 39 | 39
Meadowlands heater odorization project | 34 | 35 |  | 34 | 35
Unamortized loss on reacquired debt | 26 | 28 |  | 24 | 26
Recoverable REV demonstration project costs | 23 | 21 |  | 20 | 19
Preferred stock redemption | 22 | 22 |  | 22 | 22
Gate station upgrade project | 19 | 19 |  | 19 | 19
Non-wire alternative projects | 14 | 14 |  | 14 | 14
Workers’ compensation | 2 | 3 |  | 2 | 3
Other | 195 | 180 |  | 183 | 166
Regulatory assets – noncurrent | 4,732 | 4,859 |  | 4,365 | 4,487
Deferred derivative losses | 142 | 128 |  | 125 | 113
Recoverable energy costs | 1 | — |  |  | — |  | — |
Regulatory assets – current | 143 | 128 |  | 125 | 113
Total Regulatory Assets | $4,875 | $4,987 |  | $4,490 | $4,600
Regulatory liabilities |  |  |  |  |
Future income tax | $2,374 | $2,426 |  | $2,224 | $2,275
Allowance for cost of removal less salvage | 1,007 | 989 |  | 859 | 843
TCJA net benefits* | 421 | 471 |  | 407 | 454
Net proceeds from sale of property | 166 | 173 |  | 166 | 173
Energy efficiency portfolio standard unencumbered funds | 120 | 122 |  | 117 | 118
Net unbilled revenue deferrals | 95 | 199 |  | 95 | 199
Pension and other postretirement benefit deferrals | 65 | 75 |  | 35 | 46
System benefit charge carrying charge | 53 | 48 |  | 47 | 44
Property tax refunds | 41 | 45 |  | 41 | 45
Unrecognized other postretirement costs | 37 | 9 |  | 3 | — |
BQDM and REV Demo reconciliations | 27 | 27 |  | 25 | 26
Settlement of gas proceedings | 24 | 10 |  | 24 | 10
Sales and use tax refunds | 19 | 8 |  | 19 | 8
Earnings sharing - electric, gas and steam | 18 | 22 |  | 10 | 15
Settlement of prudence proceeding | 7 | 8 |  | 7 | 8
Other | 215 | 195 |  | 183 | 163
Regulatory liabilities – noncurrent | 4,689 | 4,827 |  | 4,262 | 4,427
Refundable energy costs | 68 | 44 |  | 38 | 12
Deferred derivative gains | 33 | 34 |  | 33 | 34
Revenue decoupling mechanism | 22 | 24 |  | 22 | 17
Regulatory liabilities – current | 123 | 102 |  | 93 | 63
Total Regulatory Liabilities | $4,812 | $4,929 |  | $4,355 | $4,490
* See "Other Regulatory Matters," above.

X
- References No definition available. + Details
Name: | us-gaap_RegulatedOperationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets that are created when regulatory agencies permit public utilities to defer certain costs included in rate-setting to the balance sheet. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 980 -SubTopic 340 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6499975&loc=d3e44250-110382 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 980 -SubTopic 715 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6501251&loc=d3e52485-110419 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 980 -SubTopic 340 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6499975&loc=d3e44264-110382 + Details
Name: | us-gaap_ScheduleOfRegulatoryAssetsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of regulatory liabilities. Detailed information about liabilities that result from rate actions of a regulator. Rate actions of a regulator can impose a liability on a regulated enterprise resulting in a regulatory liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 980 -SubTopic 405 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6500807&loc=d3e48068-110394 + Details
Name: | us-gaap_ScheduleOfRegulatoryLiabilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration