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Financial Information by Business Segment | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Financial Information by Business Segment | Financial Information by Business Segment Con Edison’s principal business segments are CECONY’s regulated utility activities, O&R’s regulated utility activities and Con Edison Transmission. CECONY’s principal business segments are its regulated electric, gas and steam utility activities. The financial data for the business segments for the three and nine months ended September 30, 2023 and 2022 were as follows:
| For the Three Months Ended September 30,
| Operating revenues | Inter-segment revenues | Depreciation and amortization | Operating income/(loss)
(Millions of Dollars) | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | 2022
CECONY |  |  |  |  |  |  |  |
Electric | $3,223 | $3,077 | $4 | $5 | $352 | $324 | $867 | $843
Gas | 318 | 414 | 2 | 2 | 108 | 93 | (108) | (40)
Steam | 49 | 58 | 19 | 19 | 25 | 24 | (80) | (65)
Consolidation adjustments | — | — |  | (25) | (26) | — |  | — |  | — | — |
Total CECONY | $3,590 | $3,549 | $— | $— |  | $485 | $441 | $679 | $738
O&R |  |  |  |  |  |  |  |
Electric | $246 | $252 | $— | $— |  | $19 | $18 | 59 | $61
Gas | 35 | 39 | — | — |  | 7 | 7 | (11) | (10)
Total O&R | $281 | $291 | $— | $— |  | $26 | $25 | $48 | $51
Clean Energy Businesses (a) | $— | $325 | $— | $— |  | $— | $60 | — | $104
Con Edison Transmission | 1 | 1 | — | — |  | 1 | — |  | (2) | (2)
Other (b) | — | (1) |  | — | — |  | — | (1) |  | (3) | (2)
Total Con Edison | $3,872 | $4,165 | $— | $— |  | $512 | $525 | $722 | $889
(a) On March 1, 2023, Con Edison completed the sale of substantially all of the assets of the Clean Energy Businesses. As a result of this sale, the Clean Energy Businesses are no longer a principal segment. See Note S and Note T. (b) Other includes the parent company, Con Edison’s tax equity investments, the deferred project held for sale and consolidation adjustments. Other does not represent a business segment. See Note T.
| For the Nine Months Ended September 30,
| Operating revenues | Inter-segment revenues | Depreciation and amortization | Operating income/(loss)
(Millions of Dollars) | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | 2022
CECONY |  |  |  |  |  |  |  |
Electric | $7,722 | $7,401 | $14 | $14 | $1,035 | $994 | $1,292 | $1,233
Gas | 2,140 | 2,127 | 6 | 6 | 319 | 275 | 533 | 511
Steam | 425 | 444 | 55 | 57 | 74 | 72 | (75) | (15)
Consolidation adjustments | — |  | — |  | (75) | (77) | — |  | — |  | — |  | — |
Total CECONY | $10,287 | $9,972 | $— |  | $— |  | $1,428 | $1,341 | $1,750 | $1,729
O&R |  |  |  |  |  |  |  |
Electric | $588 | $594 | $— |  | $— |  | $56 | $53 | $73 | $85
Gas | 215 | 219 | — |  | — |  | 22 | 20 | 27 | 25
Total O&R | $803 | $813 | $— |  | $— |  | $78 | $73 | $100 | $110
Clean Energy Businesses (a) | $129 | $857 | $— |  | $— |  | $— | $178 | $37 | $248
Con Edison Transmission | 3 | 3 | — |  | — |  | 1 |  | 1 |  | (6) | (8)
Other (b) | (3) | (6) |  | — |  | — |  | (1) |  | — |  | 864 | (5)
Total Con Edison | $11,219 | $11,639 | $— | $— |  | $1,506 | $1,593 | $2,745 | $2,074
(a) On March 1, 2023, Con Edison completed the sale of substantially all of the assets of the Clean Energy Businesses. As a result of this sale, the Clean Energy Businesses are no longer a principal segment. See Note S and Note T. (b) Other includes the parent company, Con Edison’s tax equity investments, the deferred project held for sale and consolidation adjustments. Other does not represent a business segment. See Note T.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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