Consolidated Edison, Inc. ED Income Statement

Consolidated edison, inc. (ED)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
OPERATING REVENUES
Total operating revenues
3,234	2,951	3,365	2,744	3,514	2,949	3,328	2,696	3,364	2,961	3,211	2,633	3,228	2,708	3,417	2,794	3,156	2,707	3,443	2,788	3,616	2,829	3,390	2,911	3,789	2,868	3,484	2,818	3,184	2,901	3,438	2,771	3,078	2,915	3,629	2,993	3,349	3,139	3,707	3,017	3,462	-	2,845
OPERATING EXPENSES
Depreciation and amortization
470	432	421	418	413	376	360	354	348	343	337	332	329	312	305	302	297	290	285	276	279	275	270	265	261	260	258	255	251	246	240	236	233	225	222	219	218	214	211	211	204	-	197
Taxes, other than income taxes
638	605	618	578	605	559	597	540	570	558	544	511	542	508	528	485	510	478	504	458	497	459	452	467	499	465	500	457	473	466	476	433	450	407	483	445	458	441	449	405	428	-	367
TOTAL OPERATING EXPENSES
2,426	2,386	2,498	2,286	2,728	2,423	2,502	2,270	2,609	2,377	2,297	2,170	2,416	2,025	2,581	2,279	2,514	2,308	2,613	2,316	2,890	2,579	2,571	2,501	3,104	2,391	2,629	2,432	2,658	2,449	2,587	2,296	2,517	2,456	2,873	2,595	2,723	2,645	3,002	2,588	2,970	-	2,473
Gain on sale of solar electric production project in 2017
-	-	-	-	-	-	-	-	-	-	0	1	-	-	104	0	-	-	0	-	-	-	0	45	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OPERATING INCOME
808	565	867	458	786	657	826	426	755	584	914	464	812	683	940	515	642	399	830	472	726	250	819	455	685	477	855	386	526	452	851	475	561	459	756	398	626	494	705	429	492	-	372
OTHER INCOME (DEDUCTIONS)
Investment and other income
26	25	25	22	24	24	39	36	20	21	37	34	19	48	20	7	0	-31	12	14	5	0	28	14	12	5	8	7	4	5	4	2	7	4	0	10	9	17	9	14	6	-	18
Other income
2	20	10	4	11	-2	7	6	6	4	3	3	5	-27	31	8	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity
5	3	4	4	3	1	4	3	4	4	3	2	2	3	3	2	2	2	1	1	1	-1	1	1	1	1	1	1	1	-	1	2	-	3	2	2	4	2	4	4	5	-	3
Other deductions
72	28	25	27	24	56	61	48	45	52	45	46	42	226	5	6	5	5	4	5	2	2	3	6	3	2	4	6	3	3	3	6	4	3	3	7	4	9	3	6	3	-	5
TOTAL OTHER INCOME (DEDUCTIONS)
-39	20	14	3	14	-33	-11	-3	-15	-23	-2	-7	-16	-202	49	11	1	1	9	10	4	-3	26	9	10	4	5	2	2	3	2	-2	3	4	-1	5	9	10	10	12	8	-	16
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE
769	585	881	461	800	624	815	423	740	561	912	457	796	481	989	526	643	400	839	482	730	247	845	464	695	481	860	388	528	455	853	473	564	463	755	403	635	504	715	441	500	-	388
INTEREST EXPENSE
Interest on long-term debt
224	228	220	219	221	205	195	190	190	186	183	179	178	174	174	167	163	163	157	156	156	149	145	147	146	145	145	145	143	146	146	149	145	144	145	146	147	147	152	148	150	-	151
Other interest
101	-5	45	47	29	20	13	9	7	0	4	3	4	7	5	5	7	5	6	7	6	5	5	4	-9	-1	2	6	136	4	6	5	5	3	1	7	7	8	7	4	2	-	6
Allowance for borrowed funds used during construction
3	4	3	3	3	3	3	2	2	3	2	2	1	2	1	2	1	2	1	1	-1	-1	0	-1	1	-	-1	-	-	-	-	1	-	10	-1	-1	-2	17	-2	-3	-3	-	-2
NET INTEREST EXPENSE
322	219	262	263	247	222	205	197	195	183	185	180	181	179	178	170	169	168	162	162	161	155	150	150	136	143	146	151	279	149	152	153	150	146	144	152	152	154	157	149	149	-	155
INCOME BEFORE INCOME TAX EXPENSE
447	366	619	198	553	402	610	226	545	378	727	277	615	302	811	356	474	232	677	320	569	92	695	314	559	338	714	237	249	306	701	320	414	317	611	251	483	350	558	292	351	-	233
INCOME TAX EXPENSE
55	53	116	19	108	71	175	38	117	-127	270	102	227	96	314	124	164	56	249	101	199	9	259	102	198	104	250	65	57	99	261	106	134	123	225	83	169	115	205	106	122	-	80
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
392	313	503	179	445	331	435	188	428	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
17	19	30	27	21	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
375	294	473	152	424	331	435	188	428	505	457	175	388	206	497	232	310	176	428	219	370	-	-	-	-	-	-	-	-	207	440	214	280	194	386	168	314	235	353	186	229	-	153
Preferred stock dividend requirements of subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	3	-	3	3	-	-	-	-	3	-	3
Preferred stock dividend requirements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3	-	-	-	3	-	3	3	-	-	-
NET INCOME FOR COMMON STOCK
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	436	212	361	-	464	172	192	207	440	214	277	192	383	165	311	233	350	183	226	336	150
Net income per common share - basic (dollars per share)
1.13	0.90	1.42	0.46	1.31	1.05	1.40	0.60	1.38	1.65	1.48	0.57	1.27	0.69	1.63	0.78	1.05	0.60	1.46	0.75	1.26	0.28	1.49	0.73	1.23	0.79	1.58	0.59	0.66	0.70	1.50	0.73	0.95	0.64	1.31	0.57	1.07	0.80	1.24	0.65	0.80	1.22	0.55
Net income per common share - diluted (dollars per share)
1.12	0.89	1.42	0.46	1.31	1.06	1.39	0.60	1.37	1.62	1.48	0.57	1.27	0.68	1.62	0.77	1.05	0.60	1.45	0.74	1.26	0.28	1.48	0.72	1.23	0.79	1.58	0.59	0.65	0.70	1.49	0.73	0.94	0.65	1.30	0.56	1.06	0.80	1.23	0.64	0.80	1.22	0.55
DIVIDENDS DECLARED PER COMMON SHARE (dollars per share)
-	-	-	-	-	-	-	-	-	-	0.69	0.69	0.69	-	0.67	0.67	0.67	0.65	0.65	0.65	0.65	0.63	0.63	0.63	0.63	0.61	0.61	0.61	0.61	0.60	0.60	0.60	0.60	0.60	0.60	0.60	0.60	0.59	0.59	0.59	0.59	-	0.59
Weighted Average Number of Shares Outstanding, Basic
333	331	332	328	322	314	311	310	310	310	307	305	305	304	304	299	293	293	292	292	292	292	292	292	292	292	292	292	292	292	292	292	292	292	292	292	292	290	283	282	281	275	274
Weighted Average Number of Shares Outstanding, Diluted
334	332	333	329	323	315	312	311	311	312	309	306	306	306	305	300	294	295	294	294	293	293	294	294	294	294	294	294	294	294	294	294	294	295	294	294	293	292	284	283	282	276	275
CECONY
Total operating revenues
2,854	2,574	2,877	2,331	3,039	2,559	2,899	2,338	2,884	-	2,799	2,293	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
390	354	346	339	334	328	322	316	310	-	300	296	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes, other than income taxes
607	580	590	550	575	535	570	512	539	-	520	487	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL OPERATING EXPENSES
2,112	2,051	2,154	1,955	2,313	2,056	2,135	1,956	2,179	-	1,963	1,870	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OPERATING INCOME
742	523	723	376	726	503	764	382	705	-	836	423	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment and other income
2	17	10	4	9	-2	6	4	5	-	2	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity
4	3	3	3	3	1	4	3	3	-	3	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other deductions
67	24	22	22	19	43	43	42	39	-	41	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL OTHER INCOME (DEDUCTIONS)
-61	-4	-9	-15	-7	-44	-33	-35	-31	-	-36	-35	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE
681	519	714	361	719	459	731	347	674	-	800	388	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on long-term debt
172	170	168	165	169	170	167	162	163	-	155	151	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other interest
11	15	16	19	17	14	10	7	5	-	4	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allowance for borrowed funds used during construction
3	3	3	2	3	3	2	2	2	-	2	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INTEREST EXPENSE
180	182	181	182	183	181	175	167	166	-	157	154	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME BEFORE INCOME TAX EXPENSE
501	337	533	179	536	278	556	180	508	-	643	234	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME TAX EXPENSE
95	65	119	27	124	51	125	31	119	-	242	91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
406	272	414	152	412	227	431	149	389	-	401	143	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Electric
Total operating revenues
1,906	2,029	2,753	1,971	1,941	2,001	2,783	1,951	1,877	2,038	2,675	1,965	1,934	2,025	2,769	2,035	1,912	1,895	2,762	2,040	2,135	1,957	2,786	2,134	2,237	1,958	2,822	2,018	1,958	2,003	2,810	2,090	1,862	1,983	2,861	2,153	1,869	2,105	2,814	2,256	1,889	-	1,955
Gas
Total operating revenues
931	602	306	449	1,034	601	298	489	939	540	296	435	862	445	235	336	676	416	237	324	732	419	237	395	882	488	225	366	742	457	216	300	645	427	220	333	755	484	229	274	773	-	334
Operating costs
232	209	98	131	442	305	164	194	378	223	115	149	321	157	81	81	158	80	64	89	262	184	76	151	400	193	74	118	250	147	56	62	196	130	73	111	308	200	73	67	343	-	136
Steam
Total operating revenues
250	158	58	90	321	157	64	96	314	147	62	88	298	145	63	85	258	100	58	96	375	143	46	98	341	161	72	118	332	182	68	83	263	175	76	107	325	169	91	89	307	-	113
Non-utility
Total operating revenues
147	162	248	234	218	190	183	160	234	236	178	145	134	93	350	338	310	296	386	328	374	310	321	284	329	261	365	316	152	259	344	298	308	330	472	400	400	381	573	398	493	-	443
Power
Operating costs
308	343	483	352	368	358	545	388	353	348	460	408	385	392	798	558	691	569	860	660	884	796	875	783	963	678	946	768	707	676	930	729	781	843	1,239	1,020	865	905	1,425	1,140	1,143	-	1,065
Fuel
Operating costs
78	44	31	26	106	62	39	38	124	48	30	38	100	39	29	33	71	32	31	31	154	54	41	34	156	59	56	58	147	97	59	46	108	95	73	68	176	115	106	87	150	-	86
Other operations and maintenance
Operating costs
700	753	847	781	794	763	797	756	836	857	811	732	739	617	840	820	787	859	869	802	814	811	857	801	825	736	795	776	830	817	826	790	749	756	783	732	698	770	738	678	702	-	622