Financial Information By Business Segments (Tables)

12 Months Ended

Dec. 31, 2012

Text Block [Abstract]

Financial Information By Business Segments

	Power		PSE&G		Energy Holdings			Other			Consolidated Total
	Millions
Year Ended December 31, 2012
Operating Revenues	$	4,865	$	6,626	$	113		$	(1,823	)	$	9,781
Depreciation and Amortization	237		778		19			20			1,054
Operating Income (Loss)	1,123		1,083		62			10			2,278
Income from Equity Method Investments	—		—		12			—			12
Interest Income	3		20		2			2			27
Interest Expense	134		295		1			(7		)	423
Income (Loss) before Income Taxes	1,080		835		78			18			2,011
Income Tax Expense (Benefit)	433		307		(8		)	4			736
Income (Loss) from Continuing Operations	647		528		86			14			1,275
Net Income (Loss)	647		528		86			14			1,275
Segment Earnings (Loss)	647		528		86			14			1,275
Gross Additions to Long-Lived Assets	$	646	$	1,770	$	127		$	31		$	2,574
As of December 31, 2012
Total Assets	$	11,032	$	19,223	$	1,454		$	16		$	31,725
Investments in Equity Method Subsidiaries	$	40	$	—	$	94		$	—		$	134

	Power		PSE&G		Energy Holdings			Other			Consolidated Total
	Millions
Year Ended December 31, 2011
Operating Revenues	$	6,143	$	7,326	$	(140	)	$	(2,250	)	$	11,079
Depreciation and Amortization	224		719		15			18			976
Operating Income (Loss)	1,771		1,151		(197		)	17			2,742
Income from Equity Method Investments	—		—		4			—			4
Interest Income	4		12		2			1			19
Interest Expense	175		310		3			(13		)	475
Income (Loss) before Income Taxes	1,687		861		(193		)	29			2,384
Income Tax Expense (Benefit)	685		340		(59		)	11			977
Income (Loss) from Continuing Operations	1,002		521		(134		)	18			1,407
Income from Discontinued Operations, net of tax	96		—		—			—			96
Net Income (Loss)	1,098		521		(134		)	18			1,503
Segment Earnings (Loss)	1,098		521		(134		)	18			1,503
Gross Additions to Long-Lived Assets	$	757	$	1,302	$	4		$	20		$	2,083
As of December 31, 2011
Total Assets	$	11,087	$	17,487	$	1,888		$	(641	)	$	29,821
Investments in Equity Method Subsidiaries	$	31	$	—	$	106		$	—		$	137

	Power		PSE&G		Energy Holdings		Other			Consolidated Total
	Millions
Year Ended December 31, 2010
Operating Revenues	$	6,558	$	7,869	$	137	$	(2,771	)	$	11,793
Depreciation and Amortization	175		750		14		16			955
Operating Income (Loss)	1,963		886		81		7			2,937
Income from Equity Method Investments	—		—		4		—			4
Interest Income	3		7		2		8			20
Interest Expense	157		318		11		(14		)	472
Income (Loss) before Income Taxes	1,914		591		86		25			2,616
Income Tax Expense (Benefit)	778		232		37		12			1,059
Income (Loss) from Continuing Operations	1,136		359		49		13			1,557
Income from Discontinued Operations, net of tax	7		—		—		—			7
Net Income (Loss)	1,143		359		49		13			1,564
Segment Earnings (Loss)	1,143		358		49		14			1,564
Gross Additions to Long-Lived Assets	$	825	$	1,257	$	63	$	15		$	2,160
As of December 31, 2010
Total Assets	$	11,452	$	16,873	$	2,234	$	(650	)	$	29,909
Investments in Equity Method Subsidiaries	$	25	$	—	$	105	$	—		$	130