Accumulated Other Comprehensive Income (Loss), Net of Tax

3 Months Ended

Mar. 31, 2013

Accumulated Other Comprehensive Income (Loss), Net of Tax




	Other Comprehensive Income (Loss)
PSEG	Three Months Ended March 31, 2013
Accumulated Other Comprehensive Income (Loss)	Derivative Contracts			Pension and OPEB Plans			Available-for -Sale Securities		Total
	Millions
Balance as of December 31, 2012	$	7		$	(485	)	$	90	$	(388	)
Other Comprehensive Income before Reclassifications	—			—			27		27
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(4		)	10			—		6
Net Current Period Other Comprehensive Income (Loss)	(4		)	10			27		33
Balance as of March 31, 2013	$	3		$	(475	)	$	117	$	(355	)




	Other Comprehensive Income (Loss)
Power	Three Months Ended March 31, 2013
Accumulated Other Comprehensive Income (Loss)	Derivative Contracts			Pension and OPEB Plans			Available-for -Sale Securities		Total
	Millions
Balance as of December 31, 2012	$	9		$	(422	)	$	85	$	(328	)
Other Comprehensive Income before Reclassifications	—			—			27		27
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(4		)	9			—		5
Net Current Period Other Comprehensive Income (Loss)	(4		)	9			27		32
Balance as of March 31, 2013	$	5		$	(413	)	$	112	$	(296	)




		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
PSEG		Three Months Ended March 31, 2013
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Derivative Contracts
Gains (Losses) on Cash Flow Hedges	Operating Revenues	$	6		$	(2	)	$	4
Pension and OPEB Plans
Amortization of Prior Service Cost (Credit)	Operation and Maintenance Expense	4			(2		)	2
Amortization of Actuarial Loss	Operation and Maintenance Expense	(21		)	9			(12		)
Available-for-Sale Securities
Realized Gains (Losses) on NDT Fund	Other Income	2			(1		)	1
Other-Than-Temporary Impairments on NDT Fund	Other-Than-Temporary Impairments	(2		)	1			(1		)
Total		$	(11	)	$	5		$	(6	)




		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
Power		Three Months Ended March 31, 2013
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Derivative Contracts
Gains (Losses) on Cash Flow Hedges	Operating Revenues	$	6		$	(2	)	$	4
Pension and OPEB Plans
Amortization of Prior Service Cost (Credit)	Operation and Maintenance Expense	2			(1		)	1
Amortization of Actuarial Loss	Operation and Maintenance Expense	(16		)	6			(10		)
Available-for-Sale Securities
Realized Gains (Losses) on NDT Fund	Other Income	2			(1		)	1
Other-Than-Temporary Impairments on NDT Fund	Other-Than-Temporary Impairments	(2		)	1			(1		)
Total		$	(8	)	$	3		$	(5	)




	Balance as of December 31, 2011			Other Comprehensive Income (Loss) Three Months Ended March 31, 2012							Balance as of March 31, 2012
	Balance as of December 31, 2011			Power		PSE&G			Other		Balance as of March 31, 2012
	Millions
Derivative Contracts	$	31		$	—	$	—		$	—	$	31
Pension and OPEB Plans	(438		)	7		—			—		(431		)
Available-for-Sale Securities	70			37		(1		)	1		107
Accumulated Other Comprehensive Income (Loss)	$	(337	)	$	44	$	(1	)	$	1	$	(293	)

Power [Member]

Accumulated Other Comprehensive Income (Loss), Net of Tax




	Other Comprehensive Income (Loss)
PSEG	Three Months Ended March 31, 2013
Accumulated Other Comprehensive Income (Loss)	Derivative Contracts			Pension and OPEB Plans			Available-for -Sale Securities		Total
	Millions
Balance as of December 31, 2012	$	7		$	(485	)	$	90	$	(388	)
Other Comprehensive Income before Reclassifications	—			—			27		27
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(4		)	10			—		6
Net Current Period Other Comprehensive Income (Loss)	(4		)	10			27		33
Balance as of March 31, 2013	$	3		$	(475	)	$	117	$	(355	)




	Other Comprehensive Income (Loss)
Power	Three Months Ended March 31, 2013
Accumulated Other Comprehensive Income (Loss)	Derivative Contracts			Pension and OPEB Plans			Available-for -Sale Securities		Total
	Millions
Balance as of December 31, 2012	$	9		$	(422	)	$	85	$	(328	)
Other Comprehensive Income before Reclassifications	—			—			27		27
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(4		)	9			—		5
Net Current Period Other Comprehensive Income (Loss)	(4		)	9			27		32
Balance as of March 31, 2013	$	5		$	(413	)	$	112	$	(296	)




		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
PSEG		Three Months Ended March 31, 2013
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Derivative Contracts
Gains (Losses) on Cash Flow Hedges	Operating Revenues	$	6		$	(2	)	$	4
Pension and OPEB Plans
Amortization of Prior Service Cost (Credit)	Operation and Maintenance Expense	4			(2		)	2
Amortization of Actuarial Loss	Operation and Maintenance Expense	(21		)	9			(12		)
Available-for-Sale Securities
Realized Gains (Losses) on NDT Fund	Other Income	2			(1		)	1
Other-Than-Temporary Impairments on NDT Fund	Other-Than-Temporary Impairments	(2		)	1			(1		)
Total		$	(11	)	$	5		$	(6	)




		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
Power		Three Months Ended March 31, 2013
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Derivative Contracts
Gains (Losses) on Cash Flow Hedges	Operating Revenues	$	6		$	(2	)	$	4
Pension and OPEB Plans
Amortization of Prior Service Cost (Credit)	Operation and Maintenance Expense	2			(1		)	1
Amortization of Actuarial Loss	Operation and Maintenance Expense	(16		)	6			(10		)
Available-for-Sale Securities
Realized Gains (Losses) on NDT Fund	Other Income	2			(1		)	1
Other-Than-Temporary Impairments on NDT Fund	Other-Than-Temporary Impairments	(2		)	1			(1		)
Total		$	(8	)	$	3		$	(5	)




	Balance as of December 31, 2011			Other Comprehensive Income (Loss) Three Months Ended March 31, 2012							Balance as of March 31, 2012
	Balance as of December 31, 2011			Power		PSE&G			Other		Balance as of March 31, 2012
	Millions
Derivative Contracts	$	31		$	—	$	—		$	—	$	31
Pension and OPEB Plans	(438		)	7		—			—		(431		)
Available-for-Sale Securities	70			37		(1		)	1		107
Accumulated Other Comprehensive Income (Loss)	$	(337	)	$	44	$	(1	)	$	1	$	(293	)

PSE And G [Member]

Accumulated Other Comprehensive Income (Loss), Net of Tax




	Other Comprehensive Income (Loss)
PSEG	Three Months Ended March 31, 2013
Accumulated Other Comprehensive Income (Loss)	Derivative Contracts			Pension and OPEB Plans			Available-for -Sale Securities		Total
	Millions
Balance as of December 31, 2012	$	7		$	(485	)	$	90	$	(388	)
Other Comprehensive Income before Reclassifications	—			—			27		27
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(4		)	10			—		6
Net Current Period Other Comprehensive Income (Loss)	(4		)	10			27		33
Balance as of March 31, 2013	$	3		$	(475	)	$	117	$	(355	)




	Other Comprehensive Income (Loss)
Power	Three Months Ended March 31, 2013
Accumulated Other Comprehensive Income (Loss)	Derivative Contracts			Pension and OPEB Plans			Available-for -Sale Securities		Total
	Millions
Balance as of December 31, 2012	$	9		$	(422	)	$	85	$	(328	)
Other Comprehensive Income before Reclassifications	—			—			27		27
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(4		)	9			—		5
Net Current Period Other Comprehensive Income (Loss)	(4		)	9			27		32
Balance as of March 31, 2013	$	5		$	(413	)	$	112	$	(296	)




		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
PSEG		Three Months Ended March 31, 2013
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Derivative Contracts
Gains (Losses) on Cash Flow Hedges	Operating Revenues	$	6		$	(2	)	$	4
Pension and OPEB Plans
Amortization of Prior Service Cost (Credit)	Operation and Maintenance Expense	4			(2		)	2
Amortization of Actuarial Loss	Operation and Maintenance Expense	(21		)	9			(12		)
Available-for-Sale Securities
Realized Gains (Losses) on NDT Fund	Other Income	2			(1		)	1
Other-Than-Temporary Impairments on NDT Fund	Other-Than-Temporary Impairments	(2		)	1			(1		)
Total		$	(11	)	$	5		$	(6	)




		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
Power		Three Months Ended March 31, 2013
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Derivative Contracts
Gains (Losses) on Cash Flow Hedges	Operating Revenues	$	6		$	(2	)	$	4
Pension and OPEB Plans
Amortization of Prior Service Cost (Credit)	Operation and Maintenance Expense	2			(1		)	1
Amortization of Actuarial Loss	Operation and Maintenance Expense	(16		)	6			(10		)
Available-for-Sale Securities
Realized Gains (Losses) on NDT Fund	Other Income	2			(1		)	1
Other-Than-Temporary Impairments on NDT Fund	Other-Than-Temporary Impairments	(2		)	1			(1		)
Total		$	(8	)	$	3		$	(5	)




	Balance as of December 31, 2011			Other Comprehensive Income (Loss) Three Months Ended March 31, 2012							Balance as of March 31, 2012
	Balance as of December 31, 2011			Power		PSE&G			Other		Balance as of March 31, 2012
	Millions
Derivative Contracts	$	31		$	—	$	—		$	—	$	31
Pension and OPEB Plans	(438		)	7		—			—		(431		)
Available-for-Sale Securities	70			37		(1		)	1		107
Accumulated Other Comprehensive Income (Loss)	$	(337	)	$	44	$	(1	)	$	1	$	(293	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e640-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 14-26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

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-Publisher FASB

-Name Accounting Standards Codification

-Glossary Reclassification Adjustments

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-Publisher FASB

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+ Details