Some allen bradley pilot lights or lighted pushbuttons accept a 110 vac input to drive a 6 volt 1966 incandescent pilot light. One example is their 800T-PB16.
The stepdown circuit appears to be something of a mystery and not a transformer as infinite resistance is measured on the 110 vac lamp terminals. And using a capacitor alone for a bulb drop is really dumb because of possible surges destroying the bulb.
At any rate, if a modern LED replacement for the 1966 is used, the load current will be much lower.
Will their circuit handle this, or will the LED blow out from overvoltage?