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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ (2) $ 648
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 283 341
Amortization of Nuclear Fuel 50 49
(Gains) Losses on Asset Dispositions and Impairments 43 0
Emission Allowances and Renewable Energy Credit Compliance Accrual 28 43
Provision for Deferred Income Taxes and ITC (340) 96
Non-Cash Employee Benefit Plan (Credits) Costs (60) (44)
Leveraged Lease (Income), (Gains) and Losses, Adjusted for Rents Received and Deferred Taxes 31 16
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives 847 46
Payments for Removal Costs (30) (27)
Net Change in Regulatory Assets and Liabilities (122) (28)
Net Realized (Gains) Losses and (Income) Expense from NDT Fund 54 (68)
Net Change in Certain Current Assets and Liabilities:    
Tax Receivable 1 66
Accrued Taxes 215 (44)
Margin Deposit (683) (44)
Obligation to Return Cash Collateral 205 (4)
Other Current Assets and Liabilities 20 (26)
Employee Benefit Plan Funding and Related Payments (6) (3)
Other 62 (10)
Net Cash Provided By (Used In) Operating Activities 472 1,027
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (686) (633)
Proceeds from Sale of Trust Investments 501 662
Purchase of Trust Investments 510 660
Proceeds from Sales of Long-Lived Assets and Lease Investments 1,890 0
Other (12) 7
Net Cash Provided By (Used In) Investing Activities 1,183 (624)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans (593) (598)
Proceeds from Short-Term Loan 0 500
Repayments of Short-term Debt (1,250) (300)
Proceeds from Issuance of Other Long-term Debt 1,750 900
Redemption of Long-term Debt 0 (300)
Payments for Share Repurchase Program (500) 0
Cash Dividends Paid on Common Stock (271) (258)
Other (12) (78)
Net Cash Provided By (Used In) Financing Activities (876) (134)
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash 779 269
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 863 572
Cash, Cash Equivalents and Restricted Cash at End of Period 1,642 841
Supplemental Disclosure of Cash Flow Information:    
Income Taxes Paid (Received) 0 (25)
Interest Paid, Net of Amounts Capitalized 115 95
Accrued Property, Plant and Equipment Expenditures 295 258
Public Service Electric and Gas Company [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income 509 477
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 241 241
Provision for Deferred Income Taxes and ITC 41 32
Non-Cash Employee Benefit Plan (Credits) Costs (45) (39)
Payments for Removal Costs (30) (27)
Net Change in Regulatory Assets and Liabilities (122) (28)
Net Change in Certain Current Assets and Liabilities:    
Accounts Receivable and Unbilled Revenues (120) (39)
Fuel, Materials and Supplies (13) (3)
Prepayments (5) (8)
Obligation to Return Cash Collateral 205 (4)
Accounts Payable (26) (99)
Accounts Receivable/Payable-Affiliated Companies, net 86 9
Other Current Assets and Liabilities 44 39
Employee Benefit Plan Funding and Related Payments (3) 0
Other 26 33
Net Cash Provided By (Used In) Operating Activities 736 518
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (628) (586)
Proceeds from Sale of Trust Investments 5 16
Purchase of Trust Investments 4 10
Solar Loan Investments 4 2
Other 2 4
Net Cash Provided By (Used In) Investing Activities (621) (574)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans 0 (100)
Proceeds from Issuance of Other Long-term Debt 500 900
Redemption of Long-term Debt 0 (300)
Other (5) (8)
Net Cash Provided By (Used In) Financing Activities 495 492
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash 610 436
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 339 233
Cash, Cash Equivalents and Restricted Cash at End of Period 949 669
Supplemental Disclosure of Cash Flow Information:    
Income Taxes Paid (Received) 0 51
Interest Paid, Net of Amounts Capitalized 95 81
Accrued Property, Plant and Equipment Expenditures $ 245 $ 218