ED · 10-Q · 2026Q2 · Full report

Liquidity and Cash Position

CONSOLIDATED EDISON INC · 2026-08-06 · Importance 58 · Surprise 56

Con Edison cash, temporary cash investments, and restricted cash declined to $1,470 million at June 30, 2026 from $1,507 million at December 31, 2025. Consolidated operating cash flow fell $845 million year over year to $1,971 million, while investing cash used was $2,354 million and financing activities generated $223 million. CECONY and O&R customer receivables totaled $2,898 million and $119 million, respectively, including aged receivables of $1,385 million and $31 million outstanding more than 60 days. Con Edison and the Utilities maintain a $3,500 million revolving credit agreement through March 2031 and had no loans outstanding under it at June 30, 2026.

Key facts

• The FERC has authorized CECONY through April 30, 2028 and O&R through July 31, 2028 to issue short-term borrowings for a period of not more than 12 months, in an amount not to exceed $5,000 million and $250 million, respectively, at prevailing market rates.
• Con Edison and the Utilities have a $3,500 million revolving credit agreement in place under which banks are committed to provide loans on a revolving credit basis until March 2031, which may be extended for two additional one-year terms, subject to certain conditions.