Financial Information By Business Segments

3 Months Ended

Mar. 31, 2013

Financial Information By Business Segments

Financial Information by Business Segments

	Power		PSE&G		Energy Holdings		Other (A)			Consolidated
	Millions
Three Months Ended March 31, 2013
Total Operating Revenues	$	1,447	$	1,995	$	16	$	(672	)	$	2,786
Income (Loss) From Continuing Operations	137		179		—		4			320
Net Income (Loss)	137		179		—		4			320
Segment Earnings (Loss)	137		179		—		4			320
Gross Additions to Long-Lived Assets	143		572		6		3			724
Three Months Ended March 31, 2012
Total Operating Revenues	$	1,561	$	1,939	$	20	$	(645	)	$	2,875
Income (Loss) From Continuing Operations	253		197		40		3			493
Net Income (Loss)	253		197		40		3			493
Segment Earnings (Loss)	253		197		40		3			493
Gross Additions to Long-Lived Assets	237		435		11		4			687
As of March 31, 2013
Total Assets	$	10,865	$	19,488	$	1,437	$	(78	)	$	31,712
Investments in Equity Method Subsidiaries	$	40	$	—	$	97	$	—		$	137
As of December 31, 2012
Total Assets	$	11,032	$	19,223	$	1,454	$	16		$	31,725
Investments in Equity Method Subsidiaries	$	40	$	—	$	94	$	—		$	134

(A) Other activities include amounts applicable to PSEG (as parent company), Services and intercompany eliminations, primarily relating to intercompany transactions between Power and PSE&G. No gains or losses are recorded on any intercompany transactions; rather, all intercompany transactions are priced in accordance with applicable regulations, including affiliate pricing rules, or at cost or, in the case of the BGS and BGSS contracts between Power and PSE&G, at rates prescribed by the BPU. For a further discussion of the intercompany transactions between Power and PSE&G, see Note 17. Related-Party Transactions.

Power [Member]

Financial Information By Business Segments

Financial Information by Business Segments

	Power		PSE&G		Energy Holdings		Other (A)			Consolidated
	Millions
Three Months Ended March 31, 2013
Total Operating Revenues	$	1,447	$	1,995	$	16	$	(672	)	$	2,786
Income (Loss) From Continuing Operations	137		179		—		4			320
Net Income (Loss)	137		179		—		4			320
Segment Earnings (Loss)	137		179		—		4			320
Gross Additions to Long-Lived Assets	143		572		6		3			724
Three Months Ended March 31, 2012
Total Operating Revenues	$	1,561	$	1,939	$	20	$	(645	)	$	2,875
Income (Loss) From Continuing Operations	253		197		40		3			493
Net Income (Loss)	253		197		40		3			493
Segment Earnings (Loss)	253		197		40		3			493
Gross Additions to Long-Lived Assets	237		435		11		4			687
As of March 31, 2013
Total Assets	$	10,865	$	19,488	$	1,437	$	(78	)	$	31,712
Investments in Equity Method Subsidiaries	$	40	$	—	$	97	$	—		$	137
As of December 31, 2012
Total Assets	$	11,032	$	19,223	$	1,454	$	16		$	31,725
Investments in Equity Method Subsidiaries	$	40	$	—	$	94	$	—		$	134

(A) Other activities include amounts applicable to PSEG (as parent company), Services and intercompany eliminations, primarily relating to intercompany transactions between Power and PSE&G. No gains or losses are recorded on any intercompany transactions; rather, all intercompany transactions are priced in accordance with applicable regulations, including affiliate pricing rules, or at cost or, in the case of the BGS and BGSS contracts between Power and PSE&G, at rates prescribed by the BPU. For a further discussion of the intercompany transactions between Power and PSE&G, see Note 17. Related-Party Transactions.

PSE And G [Member]

Financial Information By Business Segments

Financial Information by Business Segments

	Power		PSE&G		Energy Holdings		Other (A)			Consolidated
	Millions
Three Months Ended March 31, 2013
Total Operating Revenues	$	1,447	$	1,995	$	16	$	(672	)	$	2,786
Income (Loss) From Continuing Operations	137		179		—		4			320
Net Income (Loss)	137		179		—		4			320
Segment Earnings (Loss)	137		179		—		4			320
Gross Additions to Long-Lived Assets	143		572		6		3			724
Three Months Ended March 31, 2012
Total Operating Revenues	$	1,561	$	1,939	$	20	$	(645	)	$	2,875
Income (Loss) From Continuing Operations	253		197		40		3			493
Net Income (Loss)	253		197		40		3			493
Segment Earnings (Loss)	253		197		40		3			493
Gross Additions to Long-Lived Assets	237		435		11		4			687
As of March 31, 2013
Total Assets	$	10,865	$	19,488	$	1,437	$	(78	)	$	31,712
Investments in Equity Method Subsidiaries	$	40	$	—	$	97	$	—		$	137
As of December 31, 2012
Total Assets	$	11,032	$	19,223	$	1,454	$	16		$	31,725
Investments in Equity Method Subsidiaries	$	40	$	—	$	94	$	—		$	134

(A) Other activities include amounts applicable to PSEG (as parent company), Services and intercompany eliminations, primarily relating to intercompany transactions between Power and PSE&G. No gains or losses are recorded on any intercompany transactions; rather, all intercompany transactions are priced in accordance with applicable regulations, including affiliate pricing rules, or at cost or, in the case of the BGS and BGSS contracts between Power and PSE&G, at rates prescribed by the BPU. For a further discussion of the intercompany transactions between Power and PSE&G, see Note 17. Related-Party Transactions.