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Schedule I - Condensed Financial Information | 12 Months Ended
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Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract] |
Schedule I - Condensed Financial Information | Schedule I Condensed Financial Information of Consolidated Edison, Inc. (a) (b) Condensed Statement of Income and Comprehensive Income (Parent Company Only)
| For the Years Ended December 31,
(Millions of Dollars, except per share amounts) | 2022 |  | 2021 |  | 2020
Equity in earnings of subsidiaries | $1,860 |  | $1,369 |  | $1,105
Other operating and maintenance expenses | (1) |  | (1) |  | (1)
Taxes other than income taxes | (7) |  | (6) |  | (12)
Other income (deductions) | (31) |  | 14 |  | 33
Interest expense | (32) |  | (37) |  | (60)
Income tax expense (benefit) | (129) |  | 7 |  | 36
Net Income | $1,660 |  | $1,346 |  | $1,101
Comprehensive Income | $1,677 |  | $1,376 |  | $1,095
Net Income Per Share – Basic | $4.68 |  | $3.86 |  | $3.29
Net Income Per Share – Diluted | $4.66 |  | $3.85 |  | $3.28
Dividends Declared Per Share | $3.16 |  | $3.10 |  | $3.06
Average Number Of Shares Outstanding—Basic (In Millions) | 354.5 |  | 348.4 |  | 334.8
Average Number Of Shares Outstanding—Diluted (In Millions) | 355.8 |  | 349.4 |  | 335.7
(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)Certain prior period amounts have been reclassified to conform with current period presentation. Condensed Financial Information of Consolidated Edison, Inc. (a) (c) Condensed Statement of Cash Flows (Parent Company Only)
| For the Years Ended December 31,
(Millions of Dollars) | 2022 |  | 2021 |  | 2020
Net Income | $1,660 |  | $1,346 |  | $1,101
Equity in earnings of subsidiaries | (1,860) |  | (1,369) |  | (1,105)
Deferred income taxes | 163 |  | 119 |  | 32
Dividends received from: |  |  |  |  |
CECONY | 978 |  | 988 |  | 982
O&R | 57 |  | 52 |  | 49
Clean Energy Businesses | 98 |  | 64 |  | 21
Con Edison Transmission | 1 |  | 152 |  | 11
Change in Assets and Liabilities: |  |  |  |  |
Accounts receivable from affiliated companies | (138) |  | 57 |  | (386)
Accrued taxes to affiliated companies | (1) |  | (1) |  | (78)
Accounts payable to affiliated companies | 1 |  | 1 |  | —
Other – net (b) | 56 |  | 50 |  | (89)
Net Cash Flows from Operating Activities(b) | 1,015 |  | 1,459 |  | 538
Investing Activities |  |  |  |  |
Contributions to subsidiaries | (150) |  | (1,135) |  | (626)
Debt receivable from affiliated companies | — |  | 875 |  | 400
Net Cash Flows Used in Investing Activities | (150) |  | (260) |  | (226)
Financing Activities |  |  |  |  |
Net proceeds of short-term debt | 632 |  | 50 |  | (537)
Issuance of long-term debt | — |  | — |  | 650
Retirement of long-term debt(b) | (293) |  | (1,178) |  | (3)
Debt issuance costs | — |  | (1) |  | (3)
Issuance of common shares for stock plans, net of repurchases | 57 |  | 60 |  | 58
Issuance of common shares - public offering | — |  | 775 |  | 640
Common stock dividends | (1,089) |  | (1,030) |  | (975)
Net Cash Flows Used in Financing Activities(b) | (693) |  | (1,324) |  | (170)
Net Change for the Period | 172 |  | (125) |  | 142
Balance at Beginning of Period | 19 |  | 144 |  | 2
Balance at End of Period | $191 |  | $19 |  | $144
(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. (c)Certain prior period amounts have been reclassified to conform with current period presentation. Condensed Financial Information of Consolidated Edison, Inc. (a) (b) Condensed Balance Sheet (Parent Company Only)
|  | December 31,
(Millions of Dollars) |  | 2022 |  | 2021
Assets |  |  |  |
Current Assets |  |  |  |
Cash and temporary cash investments |  | $191 |  | $19
Other receivables, net allowance for uncollectible accounts |  | 4 |  | —
Tax receivable |  | 5 |  | 3
Accounts receivable from affiliated companies |  | 1,337 |  | 1,199
Prepayments |  | 9 |  | 28
Other current assets |  | 32 |  | 14
Total Current Assets |  | 1,578 |  | 1,263
Investments in subsidiaries and others |  | 20,839 |  | 19,951
Goodwill |  | 406 |  | 406
Pension and retiree benefits - asset |  | 5 |  | —
Other deferred charges and noncurrent assets |  | 2 |  | 8
Total Assets |  | $22,830 |  | $21,628
Liabilities and Shareholders’ Equity |  |  |  |
Current Liabilities |  |  |  |
Long-term debt due within one year |  | $649 |  | $293
Term loan |  | 400 |  |  | — |
Notes payable |  | 282 |  | 50
Accounts payable |  | 39 |  | 1
Accounts payable to affiliated companies |  | 11 |  | 10
Accrued taxes |  | 7 |  | 2
Accrued taxes to affiliated companies |  | 506 |  | 507
Accrued interest |  | 7 |  | 2
Other current liabilities |  | 7 |  | 7
Total Current Liabilities |  | 1,908 |  | 872
Deferred income taxes and unamortized investment tax credits |  | 235 |  | 72
Long-term debt |  | — |  | 647
Total Liabilities |  | 2,143 |  | 1,591
Shareholders’ Equity |  |  |  |
Common stock, including additional paid-in capital |  | 9,840 |  | 9,748
Retained earnings |  | 10,847 |  | 10,289
Total Shareholders’ Equity |  | 20,687 |  | 20,037
Total Liabilities and Shareholders’ Equity |  | $22,830 |  | $21,628
(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)Certain prior period amounts have been reclassified to conform with current period presentation.

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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 https://asc.fasb.org/extlink&oid=126898705&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 https://asc.fasb.org/extlink&oid=126929396&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 https://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details
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