CONSOLIDATED EDISON INC

For the period ended Jun 30, 2024. Filed Aug 1, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 1, 2024

ED$118.39-0.1%Stored close · as of Nov 9, 2026

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Consolidated Income Statement

CONSOLIDATED INCOME STATEMENT (UNAUDITED)

	For the Three Months Ended June 30,		For the Six Months Ended June 30,
(Millions of Dollars)	2024	2023	2024	2023
OPERATING REVENUES
Electric	$2,370	$2,144	$4,812	$4,500
Gas	538	531	1,781	1,822
Steam	88	69	374	375
TOTAL OPERATING REVENUES	2,996	2,744	6,967	6,697
OPERATING EXPENSES
Purchased power	498	452	1,076	1,083
Fuel	15	18	103	207
Gas purchased for resale	57	91	292	456
Other operations and maintenance	871	757	1,659	1,507
Depreciation and amortization	482	470	993	943
Taxes, other than income taxes	759	694	1,540	1,430
TOTAL OPERATING EXPENSES	2,682	2,482	5,663	5,626
OPERATING INCOME	314	262	1,304	1,071
OTHER INCOME (DEDUCTIONS)
Investment and other income	147	190	303	376
Allowance for equity funds used during construction	9	5	18	11
Other deductions	(14)	(11)	(23)	(20)
TOTAL OTHER INCOME	142	184	298	367
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE	456	446	1,602	1,438
INTEREST EXPENSE (INCOME)
Interest on long-term debt	253	220	495	436
Other interest expense	29	14	71	43
Allowance for borrowed funds used during construction	(13)	(11)	(26)	(23)
NET INTEREST EXPENSE	269	223	540	456
INCOME BEFORE INCOME TAX EXPENSE	187	223	1,062	982
INCOME TAX EXPENSE	1	34	182	189
NET INCOME	$186	$189	$880	$793

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