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## Net Periodic Benefit Cost 

The components of the Companies’ net periodic benefit costs for 2003, 2002 and 2001 were as follows: 

<img src='content_image/2290.jpg'>

*Relates to increases in Con Edison of New York’s pension obligations of $33 million from a 1993 special retirement program and $45 million from a 1999 special retirement program. 

## Funded Status 

The funded status at December 31, 2003, 2002 and 2001 was as follows: 

<img src='content_image/2291.jpg'>

* Being amortized over approximately 15 years. 

