Financial Information By Business Segments (Tables)

6 Months Ended

Jun. 30, 2024

Financial Information By Business Segments



	PSE&G		PSEG Power & Other		Eliminations (A)		Consolidated Total
	Millions
Three Months Ended June 30, 2024
Operating Revenues	$	1,863	$	685	$	(125)	$	2,423
Net Income (B)	302		132		—		434
Gross Additions to Long-Lived Assets	746		91		—		837
Six Months Ended June 30, 2024
Operating Revenues	$	4,196	$	1,557	$	(570)	$	5,183
Net Income (B)	790		176		—		966
Gross Additions to Long-Lived Assets	1,485		149		—		1,634
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
As of June 30, 2024
Total Assets	$	44,490	$	8,393	$	(501)	$	52,382
Investments in Equity Method Subsidiaries	$	—	$	20	$	—	$	20
As of December 31, 2023
Total Assets	$	42,873	$	8,407	$	(539)	$	50,741
Investments in Equity Method Subsidiaries	$	—	$	17	$	—	$	17

(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 18. Related-Party Transactions.

(B)Includes net after-tax gains (losses) of $114 million and $212 million for the three months and $(72) million and $767 million for the six months ended June 30, 2024 and 2023, 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.