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Schedule I - Condensed Financial Information | 12 Months Ended
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Dec. 31, 2023
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) | 2023 |  | 2022 |  | 2021
Equity in earnings of subsidiaries | $1,759 |  | $1,860 |  | $1,369
Other operating and maintenance expenses | — |  | (1) |  | (1)
Taxes other than income taxes | (2) |  | (7) |  | (6)
Other income (deductions) | 7 |  | (31) |  | 14
Interest expense | (14) |  | (32) |  | (37)
Income tax benefit (expense) | (96) |  | (129) |  | 7
Gain on the sale of the Clean Energy Businesses | 865 |  | — |  | —
Net Income | $2,519 |  | $1,660 |  | $1,346
Comprehensive Income | $2,520 |  | $1,677 |  | $1,376
Net Income Per Share – Basic | $7.25 |  | $4.68 |  | $3.86
Net Income Per Share – Diluted | $7.21 |  | $4.66 |  | $3.85
Dividends Declared Per Share | $3.24 |  | $3.16 |  | $3.10
Average Number Of Shares Outstanding—Basic (In Millions) | 347.7 |  | 354.5 |  | 348.4
Average Number Of Shares Outstanding—Diluted (In Millions) | 349.3 |  | 355.8 |  | 349.4
(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) | 2023 |  | 2022 |  | 2021
Net Cash Flows From Operating Activities | $772 |  | $1,015 |  | $1,459
Investing Activities |  |  |  |  |
Contributions to subsidiaries | (1,854) |  | (150) |  | (1,135)
Debt receivable from affiliated companies | — |  | — |  | 875
Proceeds from sale of the Clean Energy Businesses, net of cash and cash equivalents sold | 3,927 |  | — |  | —
Net Cash Flows From (Used in) Investing Activities | 2,073 |  | (150) |  | (260)
Financing Activities |  |  |  |  |
Net (payment)/issuance of short-term debt | (343) |  | 632 |  | 50
Retirement of long-term debt | (650) |  | (293) |  | (1,178)
Debt issuance costs | — |  | — |  | (1)
Repurchase of common shares | (1,000) |  | — |  | —
Issuance of common shares for stock plans | 56 |  | 57 |  | 60
Issuance of common shares - public offering | — |  | — |  | 775
Common stock dividends | (1,096) |  | (1,089) |  | (1,030)
Net Cash Flows Used in Financing Activities | (3,033) |  | (693) |  | (1,324)
Net Change for the Period | (188) |  | 172 |  | (125)
Balance at Beginning of Period | 191 |  | 19 |  | 144
Balance at End of Period | $3 |  | $191 |  | $19
(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 Balance Sheet (Parent Company Only)
|  | December 31,
(Millions of Dollars) |  | 2023 |  | 2022
Assets |  |  |  |
Current Assets |  |  |  |
Cash and temporary cash investments |  | $3 |  | $191
Other receivables, net allowance for uncollectible accounts |  | 103 |  | 4
Tax receivable |  | 1 |  | 5
Accounts receivable from affiliated companies |  | 343 |  | 1,337
Accrued unbilled revenue |  | 4 |  | —
Prepayments |  | 109 |  | 9
Other current assets |  | 3 |  | 32
Total Current Assets |  | 566 |  | 1,578
Investments in subsidiaries and others |  | 20,778 |  | 20,839
Goodwill |  | 406 |  | 406
Pension and retiree benefits - asset |  | 5 |  | 5
Other deferred charges and noncurrent assets |  | 249 |  | 2
Total Assets |  | $22,004 |  | $22,830
Liabilities and Shareholders’ Equity |  |  |  |
Current Liabilities |  |  |  |
Long-term debt due within one year |  | $— |  | $649
Term loan |  | — |  | 400 |
Notes payable |  | 339 |  | 282
Accounts payable |  | 30 |  | 39
Accounts payable to affiliated companies |  | 12 |  | 11
Accrued taxes |  | 15 |  | 7
Accrued taxes to affiliated companies |  | 437 |  | 506
Accrued interest |  | — |  | 7
Other current liabilities |  | 8 |  | 7
Total Current Liabilities |  | 841 |  | 1,908
Deferred income taxes and unamortized investment tax credits |  | — |  | 235
Other noncurrent liabilities |  | 5 |  |  | —
Total Liabilities |  | 846 |  | 2,143
Shareholders’ Equity |  |  |  |
Common stock, including additional paid-in capital |  | 9,898 |  | 9,840
Retained earnings |  | 11,260 |  | 10,847
Total Shareholders’ Equity |  | 21,158 |  | 20,687
Total Liabilities and Shareholders’ Equity |  | $22,004 |  | $22,830
(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 -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480922/205-10-S99-6 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-11 + Details
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