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Leases (Tables) | 12 Months Ended
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Dec. 31, 2021
Leases [Abstract] |
Lease Costs, Cash Flows and Other Related Information | Operating lease cost and cash paid for amounts included in the measurement of lease liabilities for the twelve months ended December 31, 2021 and 2020 were as follows:
| Con Edison | CECONY
(Millions of Dollars) | 2021 | 2020 | 2021 | 2020
Operating lease cost | $86 |  | $85 |  | $66 |  | $65 |
Operating lease cash flows | $80 |  | $79 |  | $63 |  | $61 |
Other information related to leases for Con Edison and CECONY at December 31, 2021 and 2020 was as follows:
| Con Edison | CECONY
| 2021 | 2020 | 2021 | 2020
Weighted Average Remaining Lease Term: |  |  |  |
Operating leases | 18.5 years | 19.1 years | 12.1 years | 13.0 years
Finance leases | 7.1 years | 7.3 years | 3.1 years | 4.0 years
Weighted Average Discount Rate: |  |  |  |
Operating leases | 4.3% | 4.3% | 3.5% | 3.6%
Finance leases | 1.8% | 1.8% | 1.1% | 1.3%
Operating Leases, Future Minimum Lease Payments | Future minimum lease payments under non-cancellable leases at December 31, 2021 were as follows:
(Millions of Dollars) | Con Edison | CECONY
Year Ending December 31, | Operating Leases | Finance Leases | Operating Leases | Finance Leases
2022 | $81 |  | $— |  | $60 |  | $— |
2023 | 77 |  | — |  | 59 |  | — |
2024 | 77 |  | 1 |  | 59 |  | 1 |
2025 | 78 |  | — |  | 60 |  | — |
2026 | 76 |  | — |  | 59 |  | — |
All years thereafter | 877 |  | 1 |  | 394 |  | — |
Total future minimum lease payments | $1,266 |  | $2 |  | $691 |  | $1 |
Less: imputed interest | (436) | — |  | (139) | — |
Total | $830 |  | $2 |  | $552 |  | $1 |
Reported as of December 31, 2021 |  |  |  |
Operating lease liabilities (current) | $113 |  | $— |  | $90 |  | $— |
Operating lease liabilities (noncurrent) | 717 |  | — |  | 462 |  | — |
Other current liabilities | — |  | — |  | — |  | — |
Other noncurrent liabilities | — |  | 2 |  | — |  | 1 |
Total | $830 |  | $2 |  | $552 |  | $1 |
Finance Leases, Future Minimum Lease Payments | Future minimum lease payments under non-cancellable leases at December 31, 2021 were as follows:
(Millions of Dollars) | Con Edison | CECONY
Year Ending December 31, | Operating Leases | Finance Leases | Operating Leases | Finance Leases
2022 | $81 |  | $— |  | $60 |  | $— |
2023 | 77 |  | — |  | 59 |  | — |
2024 | 77 |  | 1 |  | 59 |  | 1 |
2025 | 78 |  | — |  | 60 |  | — |
2026 | 76 |  | — |  | 59 |  | — |
All years thereafter | 877 |  | 1 |  | 394 |  | — |
Total future minimum lease payments | $1,266 |  | $2 |  | $691 |  | $1 |
Less: imputed interest | (436) | — |  | (139) | — |
Total | $830 |  | $2 |  | $552 |  | $1 |
Reported as of December 31, 2021 |  |  |  |
Operating lease liabilities (current) | $113 |  | $— |  | $90 |  | $— |
Operating lease liabilities (noncurrent) | 717 |  | — |  | 462 |  | — |
Other current liabilities | — |  | — |  | — |  | — |
Other noncurrent liabilities | — |  | 2 |  | — |  | 1 |
Total | $830 |  | $2 |  | $552 |  | $1 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980 + Details
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