Consolidated Balance Sheet  Consolidated Edison, Inc. 48 Con Edison Annual Report 2003 The accompanying notes are an integral part of these financial statements. Assets At December 31, (Millions of Dollars) 2003 2002 Utility Plant, At Original Cost (Note A) Electric $12,097 $11,568 Gas 2,699 2,530 Steam 799 768 General 1,482 1,434 Total 17,077 16,300 Less: Accumulated depreciation 4,069 3,847 Net 13,008 12,453 Construction work in progress 1,276 989 Net Utility Plant 14,284 13,442 Non-Utility Plant (Note A) Unregulated generating assets, less accumulated depreciation  of $52 and $30 in 2003 and 2002, respectively 873 222 Non-utility property, less accumulated depreciation  of $15 and $19 in 2003 and 2002, respectively 56 140 Construction work in progress 12 348 Net Plant 15,225 14,152 Current Assets Cash and temporary cash investments (Note A) 49 118 Restricted cash  18 14 Funds held for the redemption of long-term debt - 275 Accounts receivable - customers, less allowance for uncollectible accounts of  $36 and $35 in 2003 and 2002, respectively 790 683 Accrued unbilled revenue (Note A) 61 54 Other receivables, less allowance for uncollectible accounts  of $7 and $1 in 2003 and 2002, respectively 184 169 Fuel, at average cost 33 23 Gas in storage, at average cost 150 81 Materials and supplies, at average cost 100 92 Prepayments 98 73 Other current assets 109 124 Total Current Assets 1,592 1,706 Investments (Note A) 248 235 Deferred Charges, Regulatory Assets and Noncurrent Assets Goodwill (Note L) 406 406 Intangible assets, less accumulated amortization  of $16 and $10 in 2003 and 2002, respectively (Note L) 111 82 Prepaid pension costs (Note E) 1,257 1,024 Regulatory assets (Note B) 1,861 1,866 Other deferred charges and noncurrent assets 266 196 Total Deferred Charges, Regulatory Assets and Noncurrent Assets 3,901 3,574 Total Assets $20,966 $19,667