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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and Cash Equivalents $ 450 $ 394
Accounts Receivable, net of allowances 1,031 1,068
Tax Receivable 23 305
Unbilled Revenues 180 197
Fuel 366 463
Materials and Supplies, net 591 513
Prepayments 145 135
Derivative Contracts 149 242
Regulatory Assets 253 164
Other 21 13
Total Current Assets 3,209 3,494
PROPERTY, PLANT AND EQUIPMENT 38,225 35,494
Less: Accumulated Depreciation and Amortization (9,421) (8,955)
Net Property, Plant and Equipment 28,804 26,539
NONCURRENT ASSETS    
Regulatory Assets 3,124 3,196
Long-Term Investments 1,066 1,233
Nuclear Decommissioning Trust (NDT) Fund 1,857 1,754
Long-Term Tax Receivable 177 171
Long-Term Receivable of Variable Interest Entities (VIEs) 509 495
Other Special Funds 243 227
Goodwill 16 16
Other Intangibles 154 102
Derivative Contracts 86 77
Other 243 231
Total Noncurrent Assets 7,475 7,502
Total Assets 39,488 37,535
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 0 734
Commercial Paper and Loans 255 364
Accounts Payable 1,363 1,369
Derivative Contracts 40 76
Accrued Interest 127 96
Accrued Taxes 214 42
Clean Energy Program 185 142
Obligation to Return Cash Collateral 132 128
Regulatory Liabilities 96 123
Regulatory Liabilities of VIEs 9 42
Other 383 459
Total Current Liabilities 2,804 3,575
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 8,661 8,166
Regulatory Liabilities 151 175
Asset Retirement Obligations 708 679
OPEB Costs 1,207 1,228
OPEB Costs of Servco 395 375
Accrued Pension Costs 400 487
Accrued Pension Costs of Servco 108 114
Environmental Costs 430 415
Derivative Contracts 13 27
Long-Term Accrued Taxes 197 212
Other 241 181
Total Noncurrent Liabilities 12,511 12,059
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT    
Total Long-Term Debt 10,697 8,834
STOCKHOLDER'S EQUITY    
Common Stock 4,928 4,915
Treasury Stock, at cost (714) (671)
Retained Earnings 9,480 9,117
Accumulated Other Comprehensive Income (Loss) (218) (295)
Total Common Stockholders' Equity 13,476 13,066
Noncontrolling Interest 0 1
Total Stockholder's Equity 13,476 13,067
Total Capitalization 24,173 21,901
TOTAL LIABILITIES AND CAPITALIZATION 39,488 37,535
PSE And G [Member]    
CURRENT ASSETS    
Cash and Cash Equivalents 406 198
Accounts Receivable, net of allowances 806 787
Accounts Receivable-Affiliated Companies 28 222
Unbilled Revenues 180 197
Materials and Supplies, net 190 148
Prepayments 94 31
Derivative Contracts 0 13
Regulatory Assets 253 164
Other 20 9
Total Current Assets 1,977 1,769
PROPERTY, PLANT AND EQUIPMENT 25,617 23,732
Less: Accumulated Depreciation and Amortization (5,701) (5,504)
Net Property, Plant and Equipment 19,916 18,228
NONCURRENT ASSETS    
Regulatory Assets 3,124 3,196
Long-Term Investments 305 330
Other Special Funds 54 49
Other 110 105
Total Noncurrent Assets 3,593 3,680
Total Assets 25,486 23,677
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 0 171
Commercial Paper and Loans 0 153
Accounts Payable 702 724
Accounts Payable-Affiliated Companies 214 292
Derivative Contracts 4 0
Accrued Interest 83 70
Clean Energy Program 185 142
Obligation to Return Cash Collateral 132 128
Regulatory Liabilities 96 123
Regulatory Liabilities of VIEs 9 42
Other 276 297
Total Current Liabilities 1,701 2,142
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 5,703 5,181
Regulatory Liabilities 151 175
Asset Retirement Obligations 220 218
OPEB Costs 908 937
Accrued Pension Costs 147 202
Environmental Costs 364 365
Derivative Contracts 0 11
Long-Term Accrued Taxes 92 109
Other 114 114
Total Noncurrent Liabilities 7,699 7,312
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT    
Total Long-Term Debt 7,816 6,650
STOCKHOLDER'S EQUITY    
Common Stock 892 892
Contributed Capital 695 695
Basis Adjustment 986 986
Retained Earnings 5,695 4,999
Accumulated Other Comprehensive Income (Loss) 2 1
Total Stockholder's Equity 8,270 7,573
Total Capitalization 16,086 14,223
TOTAL LIABILITIES AND CAPITALIZATION 25,486 23,677
Power [Member]    
CURRENT ASSETS    
Cash and Cash Equivalents 12 12
Accounts Receivable, net of allowances 174 217
Accounts Receivable-Affiliated Companies 126 276
Short-Term Loan to Affiliate 514 363
Fuel 366 463
Materials and Supplies, net 399 363
Prepayments 16 25
Derivative Contracts [1] 149 223
Other 3 7
Total Current Assets 1,759 1,949
PROPERTY, PLANT AND EQUIPMENT 12,271 11,354
Less: Accumulated Depreciation and Amortization (3,564) (3,227)
Net Property, Plant and Equipment 8,707 8,127
NONCURRENT ASSETS    
Long-Term Investments 106 119
Nuclear Decommissioning Trust (NDT) Fund 1,857 1,754
Other Special Funds 60 55
Goodwill 16 16
Other Intangibles 154 102
Derivative Contracts [1] 86 77
Other 65 51
Total Noncurrent Assets 2,344 2,174
Total Assets 12,810 12,250
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 0 553
Accounts Payable 477 432
Accounts Payable-Affiliated Companies 156 33
Derivative Contracts [1] 36 76
Accrued Interest 43 25
Other 82 107
Total Current Liabilities 794 1,226
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 2,375 2,347
Asset Retirement Obligations 485 457
OPEB Costs 238 230
Accrued Pension Costs 143 166
Derivative Contracts [1] 13 16
Long-Term Accrued Taxes 79 35
Other 162 87
Total Noncurrent Liabilities 3,495 3,338
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT    
Total Long-Term Debt 2,381 1,684
STOCKHOLDER'S EQUITY    
Contributed Capital 2,214 2,214
Basis Adjustment (986) (986)
Retained Earnings 5,084 5,014
Accumulated Other Comprehensive Income (Loss) (172) (240)
Total Stockholder's Equity 6,140 6,002
TOTAL LIABILITIES AND CAPITALIZATION $ 12,810 $ 12,250
[1] Substantially all of Power’s and PSEG’s derivative instruments are contracts subject to master netting agreements. Contracts not subject to master netting or similar agreements are immaterial and did not have any collateral posted or received as of September 30, 2016 and December 31, 2015. PSE&G does not have any derivative contracts subject to master netting or similar agreements.