Financial Information By Business Segments

6 Months Ended

Jun. 30, 2013

Financial Information By Business Segments

Financial Information by Business Segments




	Power		PSE&G		Energy Holdings		Other (A)			Consolidated
	Millions
Three Months Ended June 30, 2013
Total Operating Revenues	$	1,190	$	1,423	$	18	$	(321	)	$	2,310
Income (Loss) From Continuing Operations	204		121		4		4			333
Net Income (Loss)	204		121		4		4			333
Segment Earnings (Loss)	204		121		4		4			333
Gross Additions to Long-Lived Assets	79		576		21		6			682
Three Months Ended June 30, 2012
Total Operating Revenues	$	985	$	1,407	$	14	$	(308	)	$	2,098
Income (Loss) From Continuing Operations	104		101		2		4			211
Net Income (Loss)	104		101		2		4			211
Segment Earnings (Loss)	104		101		2		4			211
Gross Additions to Long-Lived Assets	107		435		44		7			593
Six Months Ended June 30, 2013
Total Operating Revenues	$	2,637	$	3,418	$	34	$	(993	)	$	5,096
Income (Loss) From Continuing Operations	341		300		4		8			653
Net Income (Loss)	341		300		4		8			653
Segment Earnings (Loss)	341		300		4		8			653
Gross Additions to Long-Lived Assets	222		1,148		27		9			1,406
Six Months Ended June 30, 2012
Total Operating Revenues	$	2,546	$	3,346	$	34	$	(953	)	$	4,973
Income (Loss) From Continuing Operations	357		298		42		7			704
Net Income (Loss)	357		298		42		7			704
Segment Earnings (Loss)	357		298		42		7			704
Gross Additions to Long-Lived Assets	344		870		55		11			1,280
As of June 30, 2013
Total Assets	$	10,570	$	19,994	$	1,431	$	64		$	32,059
Investments in Equity Method Subsidiaries	$	40	$	—	$	97	$	—		$	137
As of December 31, 2012
Total Assets	$	11,032	$	19,223	$	1,454	$	16		$	31,725
Investments in Equity Method Subsidiaries	$	40	$	—	$	94	$	—		$	134

(A)

Other activities include amounts applicable to PSEG (as parent company), Services and intercompany eliminations, primarily relating to intercompany transactions between Power and PSE&G. No gains or losses are recorded on any intercompany transactions; rather, all intercompany transactions are priced in accordance with applicable regulations, including affiliate pricing rules, at cost or, in the case of the BGS and BGSS contracts between Power and PSE&G, at rates prescribed by the BPU. For a further discussion of the intercompany transactions between Power and PSE&G, see Note 18. Related-Party Transactions.

Power [Member]

Financial Information By Business Segments

Financial Information by Business Segments




	Power		PSE&G		Energy Holdings		Other (A)			Consolidated
	Millions
Three Months Ended June 30, 2013
Total Operating Revenues	$	1,190	$	1,423	$	18	$	(321	)	$	2,310
Income (Loss) From Continuing Operations	204		121		4		4			333
Net Income (Loss)	204		121		4		4			333
Segment Earnings (Loss)	204		121		4		4			333
Gross Additions to Long-Lived Assets	79		576		21		6			682
Three Months Ended June 30, 2012
Total Operating Revenues	$	985	$	1,407	$	14	$	(308	)	$	2,098
Income (Loss) From Continuing Operations	104		101		2		4			211
Net Income (Loss)	104		101		2		4			211
Segment Earnings (Loss)	104		101		2		4			211
Gross Additions to Long-Lived Assets	107		435		44		7			593
Six Months Ended June 30, 2013
Total Operating Revenues	$	2,637	$	3,418	$	34	$	(993	)	$	5,096
Income (Loss) From Continuing Operations	341		300		4		8			653
Net Income (Loss)	341		300		4		8			653
Segment Earnings (Loss)	341		300		4		8			653
Gross Additions to Long-Lived Assets	222		1,148		27		9			1,406
Six Months Ended June 30, 2012
Total Operating Revenues	$	2,546	$	3,346	$	34	$	(953	)	$	4,973
Income (Loss) From Continuing Operations	357		298		42		7			704
Net Income (Loss)	357		298		42		7			704
Segment Earnings (Loss)	357		298		42		7			704
Gross Additions to Long-Lived Assets	344		870		55		11			1,280
As of June 30, 2013
Total Assets	$	10,570	$	19,994	$	1,431	$	64		$	32,059
Investments in Equity Method Subsidiaries	$	40	$	—	$	97	$	—		$	137
As of December 31, 2012
Total Assets	$	11,032	$	19,223	$	1,454	$	16		$	31,725
Investments in Equity Method Subsidiaries	$	40	$	—	$	94	$	—		$	134

(A)

PSE And G [Member]

Financial Information By Business Segments

Financial Information by Business Segments




	Power		PSE&G		Energy Holdings		Other (A)			Consolidated
	Millions
Three Months Ended June 30, 2013
Total Operating Revenues	$	1,190	$	1,423	$	18	$	(321	)	$	2,310
Income (Loss) From Continuing Operations	204		121		4		4			333
Net Income (Loss)	204		121		4		4			333
Segment Earnings (Loss)	204		121		4		4			333
Gross Additions to Long-Lived Assets	79		576		21		6			682
Three Months Ended June 30, 2012
Total Operating Revenues	$	985	$	1,407	$	14	$	(308	)	$	2,098
Income (Loss) From Continuing Operations	104		101		2		4			211
Net Income (Loss)	104		101		2		4			211
Segment Earnings (Loss)	104		101		2		4			211
Gross Additions to Long-Lived Assets	107		435		44		7			593
Six Months Ended June 30, 2013
Total Operating Revenues	$	2,637	$	3,418	$	34	$	(993	)	$	5,096
Income (Loss) From Continuing Operations	341		300		4		8			653
Net Income (Loss)	341		300		4		8			653
Segment Earnings (Loss)	341		300		4		8			653
Gross Additions to Long-Lived Assets	222		1,148		27		9			1,406
Six Months Ended June 30, 2012
Total Operating Revenues	$	2,546	$	3,346	$	34	$	(953	)	$	4,973
Income (Loss) From Continuing Operations	357		298		42		7			704
Net Income (Loss)	357		298		42		7			704
Segment Earnings (Loss)	357		298		42		7			704
Gross Additions to Long-Lived Assets	344		870		55		11			1,280
As of June 30, 2013
Total Assets	$	10,570	$	19,994	$	1,431	$	64		$	32,059
Investments in Equity Method Subsidiaries	$	40	$	—	$	97	$	—		$	137
As of December 31, 2012
Total Assets	$	11,032	$	19,223	$	1,454	$	16		$	31,725
Investments in Equity Method Subsidiaries	$	40	$	—	$	94	$	—		$	134

(A)

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details