Consolidated Edison, Inc. (ED) financial statements (2022 and earlier)

Company profile

Business Address 4 IRVING PLACE
NEW YORK, NY 10003
State of Incorp. NY
Fiscal Year End December 31
SIC 4931 - Electric and Other Services Combined (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9921,272981895797776944
Cash and cash equivalents9921,272981895797776944
Restricted cash and investments15416423611147  
Receivables1,9341,7201,2521,3111,1591,1711,207
Prepaid expense295271260187178159177
Regulatory current assets2062661287667100132
Disposal group, including discontinued operation      157
Deposits current assets      3
Costs in excess of billings598447360
Other current assets361231200122189205191
Other undisclosed current assets1,6091,3771,2151,162502548665
Total current assets:5,5515,3014,2723,8643,5373,4063,836
Noncurrent Assets
Property, plant and equipment48,59646,55543,88941,74937,60035,21632,209
Long-term investments and receivables8531,8162,0651,7662,0011,921884
Long-term investments8531,8162,0651,7662,0011,921884
Other noncurrent assets8,1169,2237,8536,5414,9737,7128,713
Total noncurrent assets:57,56557,59453,80750,05644,57444,84941,806
TOTAL ASSETS:63,11662,89558,07953,92048,11148,25545,642
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,8651,8821,4951,4861,6421,4621,303
Accounts payable1,4971,4751,1641,1871,2861,1471,008
Employee-related liabilities11310810210910510197
Taxes payable10415076611086462
Interest and dividends payable151149153129143150136
Debt1,9283,8383,2031,4751,8751,0932,268
Derivative instruments and hedges, liabilities15223812350177766
Regulatory liability18536102114101128115
Disposal group, including discontinued operation      89
Customer advances and deposits346352354
Other liabilities461426371363386297525
Other undisclosed current liabilities8369349932,719535434 
Total current liabilities:5,4277,3546,2876,2074,9023,8434,720
Noncurrent Liabilities
Long-term debt and lease obligation23,32121,146809    
Long-term debt, excluding current maturities22,60420,382     
Operating lease, liability717764809
Liabilities, other than long-term debt, including:14,74916,0947,6077,1147,4055,0066,133
Deferred revenue and credits296215199
Asset retirement obligations577576425450314246242
Liability, pension and other postretirement and postemployment benefits7372,2571,5161,2281,4431,8472,911
Accrued environmental loss contingencies940857734779737753765
Regulatory liability4,3814,5134,8274,6414,5771,9051,977
Derivative instruments and hedges, liabilities8424010516384039
Other undisclosed liabilities, other than long-term debt8,0307,651     
Other undisclosed noncurrent liabilities(717)(764)6,6366,2655,64810,3659,722
Total noncurrent liabilities:37,35336,47615,05213,37913,05315,37115,855
Other undisclosed liabilities  18,52717,49514,73114,73512,006
Total liabilities:42,78043,83039,86637,08132,68633,94932,581
Stockholders' equity
Stockholders' equity attributable to parent, including:20,03718,84718,02216,72615,41814,29813,052
Accumulated other comprehensive income (loss)5(25)(19)(16)(26)(27)(34)
Other undisclosed stockholders' equity attributable to parent20,03218,87218,04116,74215,44414,32513,086
Stockholders' equity attributable to noncontrolling interest299218191113789
Total stockholders' equity:20,33619,06518,21316,83915,42514,30613,061
TOTAL LIABILITIES AND EQUITY:63,11662,89558,07953,92048,11148,25545,642

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues13,67612,24612,57412,33712,03312,07512,554
Revenue, net12,03312,07512,554
Cost of revenue
(Cost of Goods and Services Sold)
    (3,606)(5,235)(3,418)
Gross profit:13,67612,24612,57412,3378,4276,8409,136
Operating expenses(10,850)(9,592)(9,898)(9,804)(9,424)(9,604)(10,127)
Other undisclosed operating income   1313,6075,3393,418
Operating income:2,8262,6542,6762,6642,6102,5752,427
Nonoperating income (expense)(538)(401)51(62)1166424
Investment income, nonoperating(420)(214)96119799135
Public utilities, allowance for funds used during construction, capitalized cost of equity2117141211105
Other nonoperating expense(161)(227)(104)(210)(21)(37)(16)
Interest and debt expense(905)(1,019)(991)(819)(729)(696)(653)
Income from continuing operations before income taxes:1,3831,2341,7361,7831,9971,9431,798
Income tax expense(190)(90)(296)(401)(472)(698)(605)
Net income:1,1931,1441,4401,3821,5251,2451,193
Net income (loss) attributable to noncontrolling interest153(43)(97)    
Net income available to common stockholders, diluted:1,3461,1011,3431,3821,5251,2451,193

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:1,1931,1441,4401,3821,5251,2451,193
Other comprehensive income (loss)30(6)(3)101711
Comprehensive income:1,2231,1381,4371,3921,5261,2521,204
Comprehensive income (loss), net of tax, attributable to noncontrolling interest153(43)(97)    
Comprehensive income, net of tax, attributable to parent:1,3761,0951,3401,3921,5261,2521,204

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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