Accumulated Other Comprehensive Income (Loss), Net of Tax

3 Months Ended

Mar. 31, 2016

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive Income (Loss), Net of Tax




PSEG	Other Comprehensive Income (Loss)
	Three Months Ended March 31, 2016
Accumulated Other Comprehensive Income (Loss)	Cash Flow Hedges			Pension and OPEB Plans			Available-for-Sale Securities			Total
	Millions
Balance as of December 31, 2015	$	—		$	(386	)	$	91		$	(295	)
Other Comprehensive Income before Reclassifications	2			—			10			12
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	—			8			6			14
Net Current Period Other Comprehensive Income (Loss)	2			8			16			26
Balance as of March 31, 2016	$	2		$	(378	)	$	107		$	(269	)

	Other Comprehensive Income (Loss)
	Three Months Ended March 31, 2015
Accumulated Other Comprehensive Income (Loss)	Cash Flow Hedges			Pension and OPEB Plans			Available-for-Sale Securities			Total
	Millions
Balance as of December 31, 2014	$	10		$	(411	)	$	118		$	(283	)
Other Comprehensive Income before Reclassifications	1			—			16			17
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(10		)	8			(2		)	(4		)
Net Current Period Other Comprehensive Income (Loss)	(9		)	8			14			13
Balance as of March 31, 2015	$	1		$	(403	)	$	132		$	(270	)




Power	Other Comprehensive Income (Loss)
	Three Months Ended March 31, 2016
Accumulated Other Comprehensive Income (Loss)	Cash Flow Hedges			Pension and OPEB Plans			Available-for-Sale Securities			Total
	Millions
Balance as of December 31, 2015	$	—		$	(327	)	$	87		$	(240	)
Other Comprehensive Income before Reclassifications	—			—			10			10
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	—			7			6			13
Net Current Period Other Comprehensive Income (Loss)	—			7			16			23
Balance as of March 31, 2016	$	—		$	(320	)	$	103		$	(217	)

	Other Comprehensive Income (Loss)
	Three Months Ended March 31, 2015
Accumulated Other Comprehensive Income (Loss)	Cash Flow Hedges			Pension and OPEB Plans			Available-for-Sale Securities			Total
	Millions
Balance as of December 31, 2014	$	11		$	(351	)	$	112		$	(228	)
Other Comprehensive Income before Reclassifications	1			—			16			17
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(10		)	7			(2		)	(5		)
Net Current Period Other Comprehensive Income (Loss)	(9		)	7			14			12
Balance as of March 31, 2015	$	2		$	(344	)	$	126		$	(216	)




PSEG		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
			Three Months Ended
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations		March 31, 2016
	Location of Pre-Tax Amount In Statement of Operations		Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	O&M Expense		3			(1		)	2
Amortization of Actuarial Loss	O&M Expense		(17		)	7			(10		)
Total Pension and OPEB Plans			(14		)	6			(8		)
Available-for-Sale Securities
Realized Gains	Other Income		16			(8		)	8
Realized Losses	Other Deductions		(17		)	8			(9		)
Other-Than-Temporary Impairments (OTTI)	OTTI		(10		)	5			(5		)
Total Available-for-Sale Securities			(11		)	5			(6		)
Total			$	(25	)	$	11		$	(14	)




PSEG		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
		Three Months Ended
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	March 31, 2015
	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Cash Flow Hedges
Energy-Related Contracts	Operating Revenues	$	17		$	(7	)	$	10
Total Cash Flow Hedges		17			(7		)	10
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	O&M Expense	3			(1		)	2
Amortization of Actuarial Loss	O&M Expense	(17		)	7			(10		)
Total Pension and OPEB Plans		(14		)	6			(8		)
Available-for-Sale Securities
Realized Gains	Other Income	19			(10		)	9
Realized Losses	Other Deductions	(9		)	5			(4		)
OTTI	OTTI	(5		)	2			(3		)
Total Available-for-Sale Securities		5			(3		)	2
Total		$	8		$	(4	)	$	4




Power		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
		Three Months Ended
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	March 31, 2016
	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	O&M Expense	3			(1		)	2
Amortization of Actuarial Loss	O&M Expense	(15		)	6			(9		)
Total Pension and OPEB Plans		(12		)	5			(7		)
Available-for-Sale Securities
Realized Gains	Other Income	15			(8		)	7
Realized Losses	Other Deductions	(16		)	8			(8		)
OTTI	OTTI	(10		)	5			(5		)
Total Available-for-Sale Securities		(11		)	5			(6		)
Total		$	(23	)	$	10		$	(13	)




Power		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
		Three Months Ended
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	March 31, 2015
	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Cash Flow Hedges
Energy-Related Contracts	Operating Revenues	$	17		$	(7	)	$	10
Total Cash Flow Hedges		17			(7		)	10
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	O&M Expense	3			(1		)	2
Amortization of Actuarial Loss	O&M Expense	(15		)	6			(9		)
Total Pension and OPEB Plans		(12		)	5			(7		)
Available-for-Sale Securities
Realized Gains	Other Income	19			(10		)	9
Realized Losses	Other Deductions	(9		)	5			(4		)
OTTI	OTTI	(5		)	2			(3		)
Total Available-for-Sale Securities		5			(3		)	2
Total		$	10		$	(5	)	$	5

Power [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive Income (Loss), Net of Tax




PSEG	Other Comprehensive Income (Loss)
	Three Months Ended March 31, 2016
Accumulated Other Comprehensive Income (Loss)	Cash Flow Hedges			Pension and OPEB Plans			Available-for-Sale Securities			Total
	Millions
Balance as of December 31, 2015	$	—		$	(386	)	$	91		$	(295	)
Other Comprehensive Income before Reclassifications	2			—			10			12
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	—			8			6			14
Net Current Period Other Comprehensive Income (Loss)	2			8			16			26
Balance as of March 31, 2016	$	2		$	(378	)	$	107		$	(269	)

	Other Comprehensive Income (Loss)
	Three Months Ended March 31, 2015
Accumulated Other Comprehensive Income (Loss)	Cash Flow Hedges			Pension and OPEB Plans			Available-for-Sale Securities			Total
	Millions
Balance as of December 31, 2014	$	10		$	(411	)	$	118		$	(283	)
Other Comprehensive Income before Reclassifications	1			—			16			17
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(10		)	8			(2		)	(4		)
Net Current Period Other Comprehensive Income (Loss)	(9		)	8			14			13
Balance as of March 31, 2015	$	1		$	(403	)	$	132		$	(270	)




Power	Other Comprehensive Income (Loss)
	Three Months Ended March 31, 2016
Accumulated Other Comprehensive Income (Loss)	Cash Flow Hedges			Pension and OPEB Plans			Available-for-Sale Securities			Total
	Millions
Balance as of December 31, 2015	$	—		$	(327	)	$	87		$	(240	)
Other Comprehensive Income before Reclassifications	—			—			10			10
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	—			7			6			13
Net Current Period Other Comprehensive Income (Loss)	—			7			16			23
Balance as of March 31, 2016	$	—		$	(320	)	$	103		$	(217	)

	Other Comprehensive Income (Loss)
	Three Months Ended March 31, 2015
Accumulated Other Comprehensive Income (Loss)	Cash Flow Hedges			Pension and OPEB Plans			Available-for-Sale Securities			Total
	Millions
Balance as of December 31, 2014	$	11		$	(351	)	$	112		$	(228	)
Other Comprehensive Income before Reclassifications	1			—			16			17
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(10		)	7			(2		)	(5		)
Net Current Period Other Comprehensive Income (Loss)	(9		)	7			14			12
Balance as of March 31, 2015	$	2		$	(344	)	$	126		$	(216	)




PSEG		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
			Three Months Ended
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations		March 31, 2016
	Location of Pre-Tax Amount In Statement of Operations		Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	O&M Expense		3			(1		)	2
Amortization of Actuarial Loss	O&M Expense		(17		)	7			(10		)
Total Pension and OPEB Plans			(14		)	6			(8		)
Available-for-Sale Securities
Realized Gains	Other Income		16			(8		)	8
Realized Losses	Other Deductions		(17		)	8			(9		)
Other-Than-Temporary Impairments (OTTI)	OTTI		(10		)	5			(5		)
Total Available-for-Sale Securities			(11		)	5			(6		)
Total			$	(25	)	$	11		$	(14	)




PSEG		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
		Three Months Ended
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	March 31, 2015
	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Cash Flow Hedges
Energy-Related Contracts	Operating Revenues	$	17		$	(7	)	$	10
Total Cash Flow Hedges		17			(7		)	10
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	O&M Expense	3			(1		)	2
Amortization of Actuarial Loss	O&M Expense	(17		)	7			(10		)
Total Pension and OPEB Plans		(14		)	6			(8		)
Available-for-Sale Securities
Realized Gains	Other Income	19			(10		)	9
Realized Losses	Other Deductions	(9		)	5			(4		)
OTTI	OTTI	(5		)	2			(3		)
Total Available-for-Sale Securities		5			(3		)	2
Total		$	8		$	(4	)	$	4




Power		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
		Three Months Ended
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	March 31, 2016
	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	O&M Expense	3			(1		)	2
Amortization of Actuarial Loss	O&M Expense	(15		)	6			(9		)
Total Pension and OPEB Plans		(12		)	5			(7		)
Available-for-Sale Securities
Realized Gains	Other Income	15			(8		)	7
Realized Losses	Other Deductions	(16		)	8			(8		)
OTTI	OTTI	(10		)	5			(5		)
Total Available-for-Sale Securities		(11		)	5			(6		)
Total		$	(23	)	$	10		$	(13	)




Power		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
		Three Months Ended
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount In Statement of Operations	March 31, 2015
	Location of Pre-Tax Amount In Statement of Operations	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
		Millions
Cash Flow Hedges
Energy-Related Contracts	Operating Revenues	$	17		$	(7	)	$	10
Total Cash Flow Hedges		17			(7		)	10
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	O&M Expense	3			(1		)	2
Amortization of Actuarial Loss	O&M Expense	(15		)	6			(9		)
Total Pension and OPEB Plans		(12		)	5			(7		)
Available-for-Sale Securities
Realized Gains	Other Income	19			(10		)	9
Realized Losses	Other Deductions	(9		)	5			(4		)
OTTI	OTTI	(5		)	2			(3		)
Total Available-for-Sale Securities		5			(3		)	2
Total		$	10		$	(5	)	$	5

- 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 15
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580

Reference 3: 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=36458714&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details