CONSOLIDATED EDISON INC
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
ED$119.28+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheet at December 31, 202 and
| (Millions of Dollars) | December 31, 2024 | December 31, 2023 |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and temporary cash investments | $1,324 | $1,189 |
| Accounts receivable — customers, net allowance for uncollectible accounts of $620 and $360 in 2024 and 2023, respectively | 2,440 | 2,418 |
| Other receivables, net allowance for uncollectible accounts of $41 and $13 in 2024 and 2023, respectively | 292 | 444 |
| Accrued unbilled revenue | 848 | 722 |
| Taxes receivable | 145 | 1 |
| Fuel oil, gas in storage, materials and supplies, at average cost | 485 | 469 |
| Prepayments | 445 | 470 |
| Regulatory assets | 141 | 281 |
| Revenue decoupling mechanism receivable | 202 | 203 |
| Fair value of derivative assets | 15 | 52 |
| Assets held for sale | 133 | 163 |
| Other current assets | 194 | 125 |
| TOTAL CURRENT ASSETS | 6,664 | 6,537 |
| INVESTMENTS | 1,126 | 999 |
| UTILITY PLANT, AT ORIGINAL COST | ||
| Electric | 41,206 | 39,071 |
| Gas | 15,127 | 14,318 |
| Steam | 3,187 | 3,085 |
| General | 4,851 | 4,835 |
| TOTAL | 64,371 | 61,309 |
| Less: Accumulated depreciation | 15,384 | 14,157 |
| Net | 48,987 | 47,152 |
| Construction work in progress | 3,165 | 2,442 |
| NET UTILITY PLANT | 52,152 | 49,594 |
| NON-UTILITY PLANT | ||
| Non-utility property, net accumulated depreciation of $25 and $24 in 2024 and 2023, respectively | 12 | 13 |
| Construction work in progress | 1 | 1 |
| NET PLANT | 52,165 | 49,608 |
| OTHER NONCURRENT ASSETS | ||
| Goodwill | 408 | 408 |
| Operating lease right-of-use-asset | 493 | 533 |
| Regulatory assets | 5,523 | 4,607 |
| Pension and retiree benefits | 3,791 | 3,275 |
| Fair value of derivative assets | 27 | 48 |
| Other deferred charges and noncurrent assets | 365 | 316 |
| TOTAL OTHER NONCURRENT ASSETS | 10,607 | 9,187 |
| TOTAL ASSETS | $70,562 | $66,331 |
| (Millions of Dollars) | December 31, 2024 | December 31, 2023 |
|---|---|---|
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Long-term debt due within one year | $— | $250 |
| Term loan | 500 | — |
| Notes payable | 2,170 | 2,288 |
| Accounts payable | 1,676 | 1,775 |
| Customer deposits | 412 | 396 |
| Accrued taxes | 70 | 73 |
| Accrued interest | 199 | 170 |
| Accrued wages | 127 | 125 |
| Fair value of derivative liabilities | 52 | 193 |
| Regulatory liabilities | 102 | 145 |
| System benefit charge | 447 | 444 |
| Operating lease liabilities | 118 | 116 |
| Liabilities held for sale | 79 | 76 |
| Other current liabilities | 481 | 411 |
| TOTAL CURRENT LIABILITIES | 6,433 | 6,462 |
| NONCURRENT LIABILITIES | ||
| Provision for injuries and damages | 181 | 188 |
| Pensions and retiree benefits | 551 | 592 |
| Superfund and other environmental costs | 1,037 | 1,118 |
| Asset retirement obligations | 453 | 522 |
| Fair value of derivative liabilities | 96 | 121 |
| Deferred income taxes and unamortized investment tax credits | 8,874 | 8,069 |
| Operating lease liabilities | 386 | 429 |
| Regulatory liabilities | 5,444 | 5,328 |
| Other deferred credits and noncurrent liabilities | 494 | 417 |
| TOTAL NONCURRENT LIABILITIES | 17,516 | 16,784 |
| LONG-TERM DEBT | 24,651 | 21,927 |
| COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Note B, Note G, and Note H) | ||
| SHAREHOLDERS' EQUITY (See Statement of Shareholders' Equity) | 21,962 | 21,158 |
| TOTAL LIABILITIES AND EQUITY | $70,562 | $66,331 |
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