Term loan

  
Consolidated Edison, Inc.CONSOLIDATED BALANCE SHEET (UNAUDITED)  

|  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |
| (Millions of Dollars) | June 30,2022 | December 31,2021 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |
| CURRENT LIABILITIES |  |  |
| Long-term debt due within one year | $322 | $440 |
| Term loan | 400 | — |
| Notes payable | 2,244 | 1,488 |
| Accounts payable | 1,547 | 1,497 |
| Customer deposits | 330 | 300 |
| Accrued taxes | 99 | 104 |
| Accrued interest | 150 | 151 |
| Accrued wages | 114 | 113 |
| Fair value of derivative liabilities | 110 | 152 |
| Regulatory liabilities | 555 | 185 |
| System benefit charge | 430 | 423 |
| Operating lease liabilities  | 127 | 113 |
| Other current liabilities | 395 | 461 |
| TOTAL CURRENT LIABILITIES | 6,823 | 5,427 |
| NONCURRENT LIABILITIES |  |  |
| Provision for injuries and damages | 183 | 183 |
| Pensions and retiree benefits | 704 | 737 |
| Superfund and other environmental costs | 927 | 940 |
| Asset retirement obligations | 587 | 577 |
| Fair value of derivative liabilities | 62 | 84 |
| Deferred income taxes and unamortized investment tax credits | 7,156 | 6,873 |
| Operating lease liabilities  | 774 | 717 |
| Regulatory liabilities | 4,608 | 4,381 |
| Other deferred credits and noncurrent liabilities | 266 | 257 |
| TOTAL NONCURRENT LIABILITIES | 15,267 | 14,749 |
| LONG-TERM DEBT | 22,361 | 22,604 |
| COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Note B, Note G, and Note H) |  |  |
| EQUITY |  |  |
| Common shareholders’ equity | 20,387 | 20,037 |
| Noncontrolling interest | 234 | 299 |
| TOTAL EQUITY (See Statement of Equity) | 20,621 | 20,336 |
| TOTAL LIABILITIES AND EQUITY | $65,072 | $63,116 |

The accompanying notes are an integral part of these financial statements.  
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