Financial Information By Business Segments (Tables)

6 Months Ended

Jun. 30, 2023

Financial Information By Business Segments



	PSE&G		PSEG Power & Other		Eliminations (A)		Consolidated Total
	Millions
Three Months Ended June 30, 2023
Operating Revenues	$	1,662	$	902	$	(143)	$	2,421
Net Income (B)	336		255		—		591
Gross Additions to Long-Lived Assets	660		45		—		705
Six Months Ended June 30, 2023
Operating Revenues	$	3,955	$	2,929	$	(708)	$	6,176
Net Income (B)	823		1,055		—		1,878
Gross Additions to Long-Lived Assets	1,336		108		—		1,444
Three Months Ended June 30, 2022
Operating Revenues	$	1,668	$	645	$	(237)	$	2,076
Net Income (Loss) (B)	305		(174)		—		131
Gross Additions to Long-Lived Assets	543		62		—		605
Six Months Ended June 30, 2022
Operating Revenues	$	3,952	$	1,258	$	(821)	$	4,389
Net Income (Loss) (B)	814		(685)		—		129
Gross Additions to Long-Lived Assets	1,171		120		—		1,291
As of June 30, 2023
Total Assets	$	41,347	$	8,505	$	(347)	$	49,505
Investments in Equity Method Subsidiaries	$	—	$	15	$	—	$	15
As of December 31, 2022
Total Assets	$	39,960	$	9,285	$	(527)	$	48,718
Investments in Equity Method Subsidiaries	$	—	$	306	$	—	$	306

(A)Intercompany eliminations primarily relate to intercompany transactions between PSE&G and PSEG Power. For a further discussion of the intercompany transactions between PSE&G and PSEG Power, see Note 19. Related-Party Transactions.

(B)Includes net after-tax gains (losses) of $212 million and $(74) million for the three months and $767 million and $(682) million for the six months ended June 30, 2023 and 2022, respectively, at PSEG Power related to the impacts of non-trading commodity mark-to-market activity, which consist of the financial impact from positions with future delivery dates.