Organization, Basis Of Presentation And Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Cash, Cash Equivalents and Restricted Cash

The following provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts in the Consolidated Statements of Cash Flows for the years ended December 31, 2021 and 2022. Restricted cash consists primarily of deposits received related to a construction project at PSE&G.



	PSE&G		PSEG Power & Other (A)		Consolidated
	Millions
As of December 31, 2021
Cash and Cash Equivalents	$	294	$	524	$	818
Restricted Cash in Other Current Assets	28		—		28
Restricted Cash in Other Noncurrent Assets	17		—		17
Cash, Cash Equivalents and Restricted Cash	$	339	$	524	$	863
As of December 31, 2022
Cash and Cash Equivalents	$	220	$	245	$	465
Restricted Cash in Other Current Assets	27		—		27
Restricted Cash in Other Noncurrent Assets	19		—		19
Cash, Cash Equivalents and Restricted Cash	$	266	$	245	$	511

(A) Includes amounts applicable to PSEG Power, Energy Holdings, Services and PSEG (parent company).

Depreciation Rate Stated Percentage

The average depreciation rate stated as a percentage of original cost of depreciable property was as follows:



	2022		2021		2020
	Avg Rate		Avg Rate		Avg Rate
Electric Transmission	2.18	%	2.29	%	2.41	%
Electric Distribution	2.56	%	2.56	%	2.55	%
Gas Distribution	1.93	%	1.84	%	1.84	%

Amounts And Average Rates Used To Calculate IDC Or AFUDC

The

amounts and average rates used to calculate AFUDC or IDC for the years ended December 31, 2022, 2021 and 2020 were as follows:



	AFUDC/IDC Capitalized
	2022				2021				2020
	Millions		Avg Rate		Millions		Avg Rate		Millions		Avg Rate
PSE&G	$	84	7.39	%	$	93	7.37	%	$	112	7.86	%
Other	$	4	2.24	%	$	9	4.90	%	$	10	4.60	%