ED · 10-Q · 2026Q3 · Full report

Outstanding Indebtedness

CONSOLIDATED EDISON INC · 2026-11-05 · Importance 69 · Surprise 50 · From source text

Con Edison’s long-term debt was $26,844 million at September 30, 2026, up $1,293 million from December 31, 2025. In June 2026, CECONY issued $450 million of 5.15% debentures due 2036 and $850 million of 5.875% debentures due 2056. Con Edison had $392 million of commercial paper outstanding at September 30, 2026, while CECONY had $83 million outstanding; their nine-month average daily balances were $708 million and $405 million, respectively. Con Edison’s common equity ratio was 49.5% at September 30, 2026, compared with 48.6% at year-end 2025.

Key facts

• CECONY issued $450 million aggregate principal amount of 5.15 percent debentures due 2036 and $850 million aggregate principal amount of 5.875 percent debentures due 2056 in June 2026. source
• Con Edison’s long-term debt issuance was $1,300 million for the nine months ended September 30, 2026, compared with $1,050 million in 2025. source
• Con Edison’s long-term debt at September 30, 2026 was $26,844 million, compared with $25,551 million at December 31, 2025. source
• At September 30, 2026, a 10 percent increase in interest rates applicable to variable-rate debt was estimated to increase annual interest expense by $4 million for Con Edison and $2 million for CECONY. source
• Higher interest rates have increased interest expense on commercial paper, variable-rate debt, and long-term debt issuances. source

Impact estimates