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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and Cash Equivalents $ 164 $ 379
Accounts Receivable, net of allowances in 2013 and 2012, respectively 1,133 1,069
Tax Receivable 226 227
Unbilled Revenues 257 314
Fuel 481 583
Materials and Supplies, net 435 422
Prepayments 312 283
Derivative Contracts 142 [1] 138 [1]
Deferred Income Taxes 32 49
Regulatory Assets 396 349
Other 37 56
Total Current Assets 3,615 3,869
PROPERTY, PLANT AND EQUIPMENT 28,515 27,402
Less: Accumulated Depreciation and Amortization (7,954) (7,666)
Net Property, Plant and Equipment 20,561 19,736
NONCURRENT ASSETS    
Regulatory Assets, Noncurrent 3,628 3,830
Regulatory Assets of Variable Interest Entities (VIEs) 603 713
Long-Term Investments 1,323 1,324
Nuclear Decommissioning Trust (NDT) Fund 1,580 1,540
Other Special Funds 183 191
Goodwill 16 16
Other Intangibles 41 34
Derivative Contracts 161 [1] 153 [1]
Restricted Cash of VIEs 23 23
Other 325 296
Total Noncurrent Assets 7,883 8,120
Total Assets 32,059 31,725
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 576 1,026
Securitization Debt of VIEs Due Within One Year 232 226
Commercial Paper and Loans 157 263
Accounts Payable 1,046 1,304
Derivative Contracts 42 [1] 46 [1]
Accrued Interest 97 91
Accrued Taxes 31 17
Deferred Income Taxes 46 72
Clean Energy Program 204 153
Obligation to Return Cash Collateral 121 122
Regulatory Liabilities 120 67
Other 386 390
Total Current Liabilities 3,058 3,777
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 6,686 6,542
Regulatory Liabilities 215 209
Regulatory Liabilities of VIEs 11 10
Asset Retirement Obligations 644 627
Other Postretirement Benefit (OPEB) Costs 1,272 1,285
Accrued Pension Costs 717 876
Clean Energy Program Noncurrent 27 0
Environmental Costs 449 537
Derivative Contracts 158 [1] 122 [1]
Long-Term Accrued Taxes 167 164
Other 116 108
Total Noncurrent Liabilities 10,462 10,480
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)      
LONG-TERM DEBT    
Long-Term Debt 7,033 6,148
Securitization Debt of VIEs 385 496
Project Level, Non-Recourse Debt 24 43
Total Long-Term Debt 7,442 6,687
STOCKHOLDER'S EQUITY    
Common Stock 4,842 4,833
Treasury Stock, at cost (615) (607)
Retained Earnings 7,231 6,942
Accumulated Other Comprehensive Income (362) (388)
Total Common Stockholders' Equity 11,096 10,780
Noncontrolling Interest 1 1
Total Stockholder's Equity 11,097 10,781
Total Capitalization 18,539 17,468
TOTAL LIABILITIES AND CAPITALIZATION 32,059 31,725
Power [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 4 7
Accounts Receivable, net of allowances in 2013 and 2012, respectively 279 269
Accounts Receivable-Affiliated Companies, net 145 340
Short-Term Loan to Affiliate 395 574
Fuel 481 583
Materials and Supplies, net 312 307
Prepayments 12 17
Derivative Contracts 106 [1] 118 [1]
Other 12 19
Total Current Assets 1,746 2,234
PROPERTY, PLANT AND EQUIPMENT 9,811 9,697
Less: Accumulated Depreciation and Amortization (2,857) (2,679)
Net Property, Plant and Equipment 6,954 7,018
NONCURRENT ASSETS    
Nuclear Decommissioning Trust (NDT) Fund 1,580 1,540
Other Special Funds 38 36
Goodwill 16 16
Other Intangibles 42 34
Derivative Contracts 58 [1] 49 [1]
Other 136 105
Total Noncurrent Assets 1,870 1,780
Total Assets 10,570 11,032
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 0 300
Accounts Payable 384 498
Derivative Contracts 42 [1] 46 [1]
Accrued Interest 27 26
Deferred Income Taxes 4 16
Other 94 81
Total Current Liabilities 551 967
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 1,690 1,575
Asset Retirement Obligations 380 369
Other Postretirement Benefit (OPEB) Costs 227 221
Accrued Pension Costs 228 272
Derivative Contracts 20 [1] 15 [1]
Long-Term Accrued Taxes 39 50
Other 89 84
Total Noncurrent Liabilities 2,673 2,586
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)      
LONG-TERM DEBT    
Total Long-Term Debt 2,041 2,040
STOCKHOLDER'S EQUITY    
Contributed Capital 2,028 2,028
Basis Adjustment (986) (986)
Retained Earnings 4,566 4,725
Accumulated Other Comprehensive Income (303) (328)
Total Stockholder's Equity 5,305 5,439
TOTAL LIABILITIES AND CAPITALIZATION 10,570 11,032
PSE And G [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 19 116
Accounts Receivable, net of allowances in 2013 and 2012, respectively 834 783
Tax Receivable 59 0
Unbilled Revenues 257 314
Materials and Supplies, net 120 114
Prepayments 221 29
Derivative Contracts 21 5
Deferred Income Taxes 32 49
Regulatory Assets 396 349
Other 17 24
Total Current Assets 1,976 1,783
PROPERTY, PLANT AND EQUIPMENT 18,015 17,006
Less: Accumulated Depreciation and Amortization (4,851) (4,726)
Net Property, Plant and Equipment 13,164 12,280
NONCURRENT ASSETS    
Regulatory Assets, Noncurrent 3,628 3,830
Regulatory Assets of Variable Interest Entities (VIEs) 603 713
Long-Term Investments 361 348
Other Special Funds 42 61
Derivative Contracts 76 62
Restricted Cash of VIEs 23 23
Other 121 123
Total Noncurrent Assets 4,854 5,160
Total Assets 19,994 19,223
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 575 725
Securitization Debt of VIEs Due Within One Year 232 226
Commercial Paper and Loans 157 263
Accounts Payable 510 630
Accounts Payable-Affiliated Companies, net 0 73
Accrued Interest 70 65
Deferred Income Taxes 47 60
Clean Energy Program 204 153
Obligation to Return Cash Collateral 121 122
Regulatory Liabilities 120 67
Other 257 269
Total Current Liabilities 2,293 2,653
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 4,288 4,223
Regulatory Liabilities 215 209
Regulatory Liabilities of VIEs 11 10
Asset Retirement Obligations 256 250
Other Postretirement Benefit (OPEB) Costs 990 1,011
Accrued Pension Costs 364 463
Clean Energy Program Noncurrent 27 0
Environmental Costs 398 486
Derivative Contracts 138 107
Long-Term Accrued Taxes 43 32
Other 47 38
Total Noncurrent Liabilities 6,777 6,829
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)      
LONG-TERM DEBT    
Long-Term Debt 4,965 4,070
Securitization Debt of VIEs 385 496
Total Long-Term Debt 5,350 4,566
STOCKHOLDER'S EQUITY    
Common Stock 892 892
Contributed Capital 520 420
Basis Adjustment 986 986
Retained Earnings 3,175 2,875
Accumulated Other Comprehensive Income 1 2
Total Stockholder's Equity 5,574 5,175
Total Capitalization 10,924 9,741
TOTAL LIABILITIES AND CAPITALIZATION $ 19,994 $ 19,223
[1] Substantially all of Power's and PSEG's derivative instruments are contracts subject to master netting agreements. Contracts not subject to master netting or similar agreements are immaterial and did not have any collateral posted or received as of June 30, 2013 and December 31, 2012. PSE&G does not have any derivative contracts subject to master netting or similar agreements.