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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and Cash Equivalents $ 379 $ 834
Accounts Receivable, net of allowances in 2012 and 2011, respectively 1,069 967
Tax Receivable 227 16
Unbilled Revenues 314 289
Fuel 583 685
Materials and Supplies, net 422 367
Prepayments 283 308
Derivative Contracts 138 156
Deferred Income Taxes 49 0
Regulatory Assets 349 167
Other 56 122
Total Current Assets 3,869 3,911
PROPERTY, PLANT AND EQUIPMENT 27,402 25,080
Less: Accumulated Depreciation and Amortization (7,666) (7,231)
Net Property, Plant and Equipment 19,736 17,849
NONCURRENT ASSETS    
Regulatory Assets 3,830 3,805
Regulatory Assets of Variable Interest Entities (VIEs) 713 925
Long-Term Investments 1,324 1,303
Nuclear Decommissioning Trust (NDT) Fund 1,540 1,349
Other Special Funds 191 172
Goodwill 16 16
Other Intangibles 34 131
Derivative Contracts 153 106
Restricted Cash of VIEs 23 22
Other 296 232
Total Noncurrent Assets 8,120 8,061
Total Assets 31,725 29,821
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 1,026 417
Securitization Debt of VIEs Due Within One Year 226 216
Commercial Paper and Loans 263 0
Accounts Payable 1,304 1,184
Derivative Contracts 46 131
Accrued Interest 91 97
Accrued Taxes 17 30
Deferred Income Taxes 72 170
Clean Energy Program 153 214
Obligation to Return Cash Collateral 122 107
Regulatory Liabilities 67 100
Other 390 291
Total Current Liabilities 3,777 2,957
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 6,542 5,458
Regulatory Liabilities 209 228
Regulatory Liabilities of VIEs 10 9
Asset Retirement Obligations 627 489
Other Postretirement Benefit (OPEB) Costs 1,285 1,127
Accrued Pension Costs 876 734
Clean Energy Program 0 39
Environmental Costs 537 643
Derivative Contracts 122 26
Long-Term Accrued Taxes 164 292
Other 108 86
Total Noncurrent Liabilities 10,480 9,131
LONG-TERM DEBT    
Long-Term Debt 6,148 6,694
Securitization Debt of VIEs 496 723
Project Level, Non-Recourse Debt 43 44
Total Long-Term Debt 6,687 7,461
STOCKHOLDER'S EQUITY    
Common Stock 4,833 4,823
Treasury Stock, at cost, 2012-27,664,188 shares; 2011-27,611,374 shares (607) (601)
Retained Earnings 6,942 6,385
Accumulated Other Comprehensive Income (388) (337)
Total Common Stockholders' Equity 10,780 10,270
Noncontrolling Interest 1 2
Total Stockholder's Equity 10,781 10,272
Total Capitalization 17,468 17,733
TOTAL LIABILITIES AND CAPITALIZATION 31,725 29,821
Power [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 7 12
Accounts Receivable, net of allowances in 2012 and 2011, respectively 269 267
Accounts Receivable-Affiliated Companies, net 340 381
Short-Term Loan to Affiliate 574 907
Fuel 583 685
Materials and Supplies, net 307 272
Prepayments 17 24
Derivative Contracts 118 139
Other 19 0
Total Current Assets 2,234 2,687
PROPERTY, PLANT AND EQUIPMENT 9,697 9,191
Less: Accumulated Depreciation and Amortization (2,679) (2,460)
Net Property, Plant and Equipment 7,018 6,731
NONCURRENT ASSETS    
Nuclear Decommissioning Trust (NDT) Fund 1,540 1,349
Other Special Funds 36 33
Goodwill 16 16
Other Intangibles 34 131
Derivative Contracts 49 55
Other 105 85
Total Noncurrent Assets 1,780 1,669
Total Assets 11,032 11,087
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 300 66
Accounts Payable 498 541
Derivative Contracts 46 124
Accrued Interest 26 32
Deferred Income Taxes 16 53
Other 81 86
Total Current Liabilities 967 902
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 1,575 1,266
Asset Retirement Obligations 369 259
Other Postretirement Benefit (OPEB) Costs 221 180
Accrued Pension Costs 272 236
Derivative Contracts 15 24
Long-Term Accrued Taxes 50 8
Other 84 83
Total Noncurrent Liabilities 2,586 2,056
LONG-TERM DEBT    
Total Long-Term Debt 2,040 2,685
STOCKHOLDER'S EQUITY    
Contributed Capital 2,028 2,028
Basis Adjustment (986) (986)
Retained Earnings 4,725 4,678
Accumulated Other Comprehensive Income (328) (276)
Total Stockholder's Equity 5,439 5,444
TOTAL LIABILITIES AND CAPITALIZATION 11,032 11,087
PSE&G [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 116 143
Accounts Receivable, net of allowances in 2012 and 2011, respectively 783 691
Tax Receivable 0 16
Unbilled Revenues 314 289
Materials and Supplies, net 114 94
Prepayments 29 117
Derivative Contracts 5 0
Deferred Income Taxes 49 0
Regulatory Assets 349 167
Other 24 21
Total Current Assets 1,783 1,538
PROPERTY, PLANT AND EQUIPMENT 17,006 15,306
Less: Accumulated Depreciation and Amortization (4,726) (4,539)
Net Property, Plant and Equipment 12,280 10,767
NONCURRENT ASSETS    
Regulatory Assets 3,830 3,805
Regulatory Assets of Variable Interest Entities (VIEs) 713 925
Long-Term Investments 348 280
Other Special Funds 61 57
Derivative Contracts 62 4
Restricted Cash of VIEs 23 22
Other 123 89
Total Noncurrent Assets 5,160 5,182
Total Assets 19,223 17,487
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 725 300
Securitization Debt of VIEs Due Within One Year 226 216
Commercial Paper and Loans 263 0
Accounts Payable 630 498
Derivative Contracts 0 7
Accounts Payable-Affiliated Companies, net 73 280
Accrued Interest 65 65
Deferred Income Taxes 60 32
Clean Energy Program 153 214
Obligation to Return Cash Collateral 122 107
Regulatory Liabilities 67 100
Other 269 186
Total Current Liabilities 2,653 2,005
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 4,223 3,675
Regulatory Liabilities 209 228
Regulatory Liabilities of VIEs 10 9
Asset Retirement Obligations 250 226
Other Postretirement Benefit (OPEB) Costs 1,011 900
Accrued Pension Costs 463 355
Clean Energy Program 0 39
Environmental Costs 486 592
Derivative Contracts 107 0
Long-Term Accrued Taxes 32 83
Other 38 35
Total Noncurrent Liabilities 6,829 6,142
LONG-TERM DEBT    
Long-Term Debt 4,070 3,970
Securitization Debt of VIEs 496 723
Total Long-Term Debt 4,566 4,693
STOCKHOLDER'S EQUITY    
Common Stock 892 892
Contributed Capital 420 420
Basis Adjustment 986 986
Retained Earnings 2,875 2,347
Accumulated Other Comprehensive Income 2 2
Total Stockholder's Equity 5,175 4,647
Total Capitalization 9,741 9,340
TOTAL LIABILITIES AND CAPITALIZATION $ 19,223 $ 17,487