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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and Cash Equivalents $ 765 $ 834
Accounts Receivable 896 967
Tax Receivable 16 16
Unbilled Revenues 255 289
Fuel 562 685
Materials and Supplies, net 403 367
Prepayments 397 308
Derivative Contracts 165 156
Deferred Income Taxes 90 0
Regulatory Assets 359 167
Other 32 122
Total Current Assets 3,940 3,911
PROPERTY, PLANT AND EQUIPMENT 26,045 25,080
Less: Accumulated Depreciation and Amortization (7,455) (7,231)
Net Property, Plant and Equipment 18,590 17,849
NONCURRENT ASSETS    
Regulatory Assets 3,417 3,805
Regulatory Assets of Variable Interest Entities (VIEs) 827 925
Long-Term Investments 1,294 1,303
Nuclear Decommissioning Trust (NDT) Fund 1,417 1,349
Other Special Funds 187 172
Goodwill 16 16
Other Intangibles 52 131
Derivative Contracts 133 106
Restricted Cash of VIEs 19 22
Other 250 232
Total Noncurrent Assets 7,612 8,061
Total Assets 30,142 29,821
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 751 417
Securitization Debt of VIEs Due Within One Year 221 216
Commercial Paper and Loans 16 0
Accounts Payable 898 1,184
Derivative Contracts 88 131
Accrued Interest 98 97
Accrued Taxes 88 30
Deferred Income Taxes 0 170
Clean Energy Program 138 214
Obligation to Return Cash Collateral 123 107
Regulatory Liabilities 72 100
Other 323 291
Total Current Liabilities 2,816 2,957
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 5,939 5,458
Regulatory Liabilities 206 228
Regulatory Liabilities of VIEs 10 9
Asset Retirement Obligations 505 489
Other Postretirement Benefit (OPEB) Costs 1,115 1,127
Accrued Pension Costs 624 734
Clean Energy Program 0 39
Environmental Costs 588 643
Derivative Contracts 112 26
Long-Term Accrued Taxes 152 292
Other 93 86
Total Noncurrent Liabilities 9,344 9,131
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 8)      
LONG-TERM DEBT    
Long-Term Debt 6,676 6,694
Securitization Debt of VIEs 616 723
Project Level, Non-Recourse Debt 44 44
Total Long-Term Debt 7,336 7,461
STOCKHOLDER'S EQUITY    
Common Stock, no par, authorized 1,000,000,000 shares; issued, 2012 and 2011-533,556,660 shares 4,829 4,823
Treasury Stock, at cost, 2012-27,646,288 shares; 2011-27,611,374 shares (605) (601)
Retained Earnings 6,730 6,385
Accumulated Other Comprehensive Income (310) (337)
Total Common Stockholders' Equity 10,644 10,270
Noncontrolling Interest 2 2
Total Stockholder's Equity 10,646 10,272
Total Capitalization 17,982 17,733
TOTAL LIABILITIES AND CAPITALIZATION 30,142 29,821
Power [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 2 12
Accounts Receivable 258 267
Accounts Receivable-Affiliated Companies, net 265 381
Short-Term Loan to Affiliate 737 907
Fuel 562 685
Materials and Supplies, net 301 272
Prepayments 21 24
Derivative Contracts 146 139
Other 2 0
Total Current Assets 2,294 2,687
PROPERTY, PLANT AND EQUIPMENT 9,379 9,191
Less: Accumulated Depreciation and Amortization (2,586) (2,460)
Net Property, Plant and Equipment 6,793 6,731
NONCURRENT ASSETS    
Nuclear Decommissioning Trust (NDT) Fund 1,417 1,349
Other Special Funds 35 33
Goodwill 16 16
Other Intangibles 52 131
Derivative Contracts 40 55
Other 102 85
Total Noncurrent Assets 1,662 1,669
Total Assets 10,749 11,087
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 300 66
Accounts Payable 343 541
Derivative Contracts 88 124
Accrued Interest 32 32
Deferred Income Taxes 41 53
Other 86 86
Total Current Liabilities 890 902
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 1,442 1,266
Asset Retirement Obligations 270 259
Other Postretirement Benefit (OPEB) Costs 186 180
Accrued Pension Costs 202 236
Derivative Contracts 8 24
Long-Term Accrued Taxes 53 8
Other 85 83
Total Noncurrent Liabilities 2,246 2,056
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 8)      
LONG-TERM DEBT    
Total Long-Term Debt 2,386 2,685
STOCKHOLDER'S EQUITY    
Contributed Capital 2,028 2,028
Basis Adjustment (986) (986)
Retained Earnings 4,435 4,678
Accumulated Other Comprehensive Income (250) (276)
Total Stockholder's Equity 5,227 5,444
TOTAL LIABILITIES AND CAPITALIZATION 10,749 11,087
PSE And G [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 22 143
Accounts Receivable 630 691
Tax Receivable 16 16
Unbilled Revenues 255 289
Materials and Supplies, net 102 94
Prepayments 243 117
Regulatory Assets 359 167
Other 20 21
Total Current Assets 1,647 1,538
PROPERTY, PLANT AND EQUIPMENT 16,050 15,306
Less: Accumulated Depreciation and Amortization (4,618) (4,539)
Net Property, Plant and Equipment 11,432 10,767
NONCURRENT ASSETS    
Regulatory Assets 3,417 3,805
Regulatory Assets of Variable Interest Entities (VIEs) 827 925
Long-Term Investments 313 280
Other Special Funds 61 57
Derivative Contracts 45 4
Restricted Cash of VIEs 19 22
Other 102 89
Total Noncurrent Assets 4,784 5,182
Total Assets 17,863 17,487
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 450 300
Securitization Debt of VIEs Due Within One Year 221 216
Commercial Paper and Loans 16 0
Accounts Payable 428 498
Derivative Contracts 0 7
Accounts Payable-Affiliated Companies, net 146 280
Accrued Interest 66 65
Deferred Income Taxes 37 32
Clean Energy Program 138 214
Obligation to Return Cash Collateral 123 107
Regulatory Liabilities 72 100
Other 210 186
Total Current Liabilities 1,907 2,005
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 3,837 3,675
Regulatory Liabilities 206 228
Regulatory Liabilities of VIEs 10 9
Asset Retirement Obligations 231 226
Other Postretirement Benefit (OPEB) Costs 881 900
Accrued Pension Costs 283 355
Clean Energy Program 0 39
Environmental Costs 537 592
Derivative Contracts 104 0
Long-Term Accrued Taxes 18 83
Other 43 35
Total Noncurrent Liabilities 6,150 6,142
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 8)      
LONG-TERM DEBT    
Long-Term Debt 4,246 3,970
Securitization Debt of VIEs 616 723
Total Long-Term Debt 4,862 4,693
STOCKHOLDER'S EQUITY    
Common Stock, no par, authorized 1,000,000,000 shares; issued, 2012 and 2011-533,556,660 shares 892 892
Contributed Capital 420 420
Basis Adjustment 986 986
Retained Earnings 2,645 2,347
Accumulated Other Comprehensive Income 1 2
Total Stockholder's Equity 4,944 4,647
Total Capitalization 9,806 9,340
TOTAL LIABILITIES AND CAPITALIZATION $ 17,863 $ 17,487