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Schedule I - Condensed Financial Information | 12 Months Ended
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Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract] |
Schedule I - Condensed Financial Information | Schedule I Condensed Financial Information of Consolidated Edison, Inc. (a) Condensed Statement of Income and Comprehensive Income (Parent Company Only)
| For the Years Ended December 31,
(Millions of Dollars, except per share amounts) | 2021 |  | 2020 |  | 2019
Equity in earnings of subsidiaries | $1,369 |  | $1,105 |  | $1,354
Other income (deductions), net of taxes | 14 |  | 56 |  | 76
Interest expense | (37) |  | (60) |  | (87)
Net Income | $1,346 |  | $1,101 |  | $1,343
Comprehensive Income | $1,376 |  | $1,095 |  | $1,340
Net Income Per Share – Basic | $3.86 |  | $3.29 |  | $4.09
Net Income Per Share – Diluted | $3.85 |  | $3.28 |  | $4.08
Dividends Declared Per Share | $3.10 |  | $3.06 |  | $2.96
Average Number Of Shares Outstanding—Basic (In Millions) | 348.4 |  | 334.8 |  | 328.5
Average Number Of Shares Outstanding—Diluted (In Millions) | 349.4 |  | 335.7 |  | 329.5
(a)These financial statements, in which Con Edison’s subsidiaries have been included using the equity method, should be read together with its consolidated financial statements and the notes thereto appearing above. Condensed Financial Information of Consolidated Edison, Inc. (a) Condensed Statement of Cash Flows (Parent Company Only)
| For the Years Ended December 31,
(Millions of Dollars) | 2021 |  | 2020 |  | 2019
Net Income | $1,346 |  | $1,101 |  | $1,343
Equity in earnings of subsidiaries | (1,369) |  | (1,105) |  | (1,354)
Dividends received from: |  |  |  |  |
CECONY | 988 |  | 982 |  | 912
O&R | 52 |  | 49 |  | 47
Clean Energy Businesses | 64 |  | 21 |  | 3
Con Edison Transmission | 152 |  | 11 |  | 12
Change in Assets: |  |  |  |  |
Special deposits | — |  | — |  | (3)
Income taxes receivable | 15 |  | — |  | 25
Other – net (b) | 211 |  | (521) |  | 44
Net Cash Flows from Operating Activities(b) | 1,459 |  | 538 |  | 1,029
Investing Activities |  |  |  |  |
Contributions to subsidiaries | (1,135) |  | (626) |  | (930)
Debt receivable from affiliated companies | 875 |  | 400 |  | 450
Net Cash Flows Used in Investing Activities | (260) |  | (226) |  | (480)
Financing Activities |  |  |  |  |
Net proceeds of short-term debt | 50 |  | (537) |  | (783)
Issuance of long-term debt | — |  | 650 |  | 825
Retirement of long-term debt(b) | (1,178) |  | (3) |  | (553)
Debt issuance costs | (1) |  | (3) |  | —
Issuance of common shares for stock plans, net of repurchases | 60 |  | 58 |  | 54
Issuance of common shares - public offering | 775 |  | 640 |  | 825
Common stock dividends | (1,030) |  | (975) |  | (924)
Net Cash Flows Used in Financing Activities(b) | (1,324) |  | (170) |  | (556)
Net Change for the Period | (125) |  | 142 |  | (7)
Balance at Beginning of Period | 144 |  | 2 |  | 9
Balance at End of Period | $19 |  | $144 |  | $2
(a)These financial statements, in which Con Edison’s subsidiaries have been included using the equity method, should be read together with its consolidated financial statements and the notes thereto appearing above. (b)During 2021, Con Edison identified that the reclassification of debt from long-term to current for the year ended December 31, 2020 had been erroneously presented within the operating cash flow section as a cash inflow and in the financing section as a cash outflow in the Condensed Statement of Cash Flows (Parent Company Only). The amounts for the year ended December 31, 2020 have been revised to correct the error in the classification of $1,175 million from Other - net within Net Cash Flows from Operating Activities to Retirement of long-term debt within Net Cash Flows Used in Financing Activities. Con Edison has evaluated the effect of these misstatements, both qualitatively and quantitatively, and concluded that they are not material to the financial statements issued for the year ended December 31, 2020. These amounts were correctly presented on the Consolidated Statement of Cash Flows for the year ended December 31, 2020. Condensed Financial Information of Consolidated Edison, Inc. (a) Condensed Balance Sheet (Parent Company Only)
|  | December 31,
(Millions of Dollars) |  | 2021 |  | 2020
Assets |  |  |  |
Current Assets |  |  |  |
Cash and temporary cash investments |  | $19 |  | $144
Accounts receivable - other |  | — |  | 1
Income taxes receivable |  | 3 |  | 18
Accounts receivable from affiliated companies |  | 1,199 |  | 1,256
Prepayments |  | 28 |  | 62
Other current assets |  | 14 |  | 12
Total Current Assets |  | 1,263 |  | 1,493
Investments in subsidiaries and others |  | 19,951 |  | 18,670
Goodwill |  | 406 |  | 406
Deferred income tax |  | — |  | 55
Long-term debt receivable from affiliated companies |  | — |  | 875
Total Assets |  | $21,620 |  | $21,499
Liabilities and Shareholders’ Equity |  |  |  |
Current Liabilities |  |  |  |
Long-term debt due within one year |  | $293 |  | $1,178
Notes payable |  | 50 |  | —
Accounts payable |  | 1 |  | —
Accounts payable to affiliated companies |  | 517 |  | 517
Accrued taxes |  | 2 |  | 6
Other current liabilities |  | 9 |  | 12
Total Current Liabilities |  | 872 |  | 1,713
Deferred income tax |  | 64 |  | —
Total Liabilities |  | 936 |  | 1,713
Long-term debt |  | 647 |  | 939
Shareholders’ Equity |  |  |  |
Common stock, including additional paid-in capital |  | 9,748 |  | 8,844
Retained earnings |  | 10,289 |  | 10,003
Total Shareholders’ Equity |  | 20,037 |  | 18,847
Total Liabilities and Shareholders’ Equity |  | $21,620 |  | $21,499
(a)These financial statements, in which Con Edison’s subsidiaries have been included using the equity method, should be read together with its consolidated financial statements and the notes thereto appearing above.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -URI http://asc.fasb.org/extlink&oid=120391182&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=123454820&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details
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