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Related-Party Transactions (Schedule Of Related Party Transactions, Receivables) (Detail) (USD $)
In Millions, unless otherwise specified
6 Months Ended 12 Months Ended
Jun. 30, 2013
Dec. 31, 2012
PSE And G [Member]
   
Receivable from (Payable to) Services $ (48) [1] $ (65) [1]
Tax Receivable from (Payable to) PSEG 244 [2] 256 [2]
Accounts Receivable-Affiliated Companies, net 4 2
Accounts Receivable (Payable) - Affiliated Companies, net 59 (73)
Working Capital Advances to Services 33 [3] 33 [3]
Long-Term Accrued Taxes Receivable (Payable) 43 [2] 32 [2]
Power [Member]
   
Receivables from PSE&G through BGS and BGSS Contracts 107 [4] 238 [4]
Receivables from PSE&G Related to Gas Supply Hedges for BGSS 28 [4] 27 [4]
Receivable from (Payable to) Services (26) [1] (31) [1]
Tax Receivable from (Payable to) PSEG 23 [2] 111 [2]
Receivable from (Payable to) PSEG 13 (5)
Accounts Receivable-Affiliated Companies, net 145 340
Short-Term Loan to Affiliate (Demand Note to PSEG) 395 [5] 574 [5]
Working Capital Advances to Services 17 [3] 17 [3]
Long-Term Accrued Taxes Receivable (Payable) $ (39) [2] $ (50) [2]
[1] Services provides and bills administrative services to Power and PSE&G at cost. In addition, Power and PSE&G have other payables to Services, including amounts related to certain common costs, such as pension and OPEB costs, which Services pays on behalf of each of the operating companies.
[2] PSEG files a consolidated federal income tax return with its affiliated companies. A tax allocation agreement exists between PSEG and each of its affiliated companies. The general operation of these agreements is that the subsidiary company will compute its taxable income on a stand-alone basis. If the result is a net tax liability, such amount shall be paid to PSEG. If there are net operating losses and/or tax credits, the subsidiary shall receive payment for the tax savings from PSEG to the extent that PSEG is able to utilize those benefits.
[3] Power and PSE&G have advanced working capital to Services. The amounts are included in Other Noncurrent Assets on Power’s and PSE&G’s Condensed Consolidated Balance Sheets.
[4] PSE&G has entered into a requirements contract with Power under which Power provides the gas supply services needed to meet PSE&G’s BGSS and other contractual requirements. Power has also entered into contracts to supply energy, capacity and ancillary services to PSE&G through the BGS auction process.
[5] Power’s short-term loans with PSEG are for working capital and other short-term needs. Interest Income and Interest Expense relating to these short-term funding activities were immaterial.