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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and Cash Equivalents $ 448 $ 379
Accounts Receivable, net of allowances in 2013 and 2012, respectively 1,069 1,069
Tax Receivable 225 227
Unbilled Revenues 211 314
Fuel 599 583
Materials and Supplies, net 450 422
Prepayments 210 283
Derivative Contracts 107 [1] 138 [1]
Deferred Income Taxes 31 49
Regulatory Assets 348 349
Other 43 56
Total Current Assets 3,741 3,869
PROPERTY, PLANT AND EQUIPMENT 29,206 27,402
Less: Accumulated Depreciation and Amortization (8,127) (7,666)
Net Property, Plant and Equipment 21,079 19,736
NONCURRENT ASSETS    
Regulatory Assets 3,519 3,830
Regulatory Assets of Variable Interest Entities (VIEs) 532 713
Long-Term Investments 1,320 1,324
Nuclear Decommissioning Trust (NDT) Fund 1,635 1,540
Other Special Funds 181 191
Goodwill 16 16
Other Intangibles 52 34
Derivative Contracts 184 [1] 153 [1]
Restricted Cash of VIEs 23 23
Other 328 296
Total Noncurrent Assets 7,790 8,120
Total Assets 32,610 31,725
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 775 1,026
Securitization Debt of VIEs Due Within One Year 235 226
Commercial Paper and Loans 0 263
Accounts Payable 1,024 1,304
Derivative Contracts 36 [1] 46 [1]
Accrued Interest 114 91
Accrued Taxes 83 17
Deferred Income Taxes 48 72
Clean Energy Program 185 153
Obligation to Return Cash Collateral 118 122
Regulatory Liabilities 171 67
Other 446 390
Total Current Liabilities 3,235 3,777
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 6,807 6,542
Regulatory Liabilities 213 209
Regulatory Liabilities of VIEs 11 10
Asset Retirement Obligations 653 627
Other Postretirement Benefit (OPEB) Costs 1,274 1,285
Accrued Pension Costs 710 876
Environmental Costs 431 537
Derivative Contracts 163 [1] 122 [1]
Long-Term Accrued Taxes 183 164
Other 115 108
Total Noncurrent Liabilities 10,560 10,480
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)      
LONG-TERM DEBT    
Long-Term Debt 7,134 6,148
Securitization Debt of VIEs 326 496
Project Level, Non-Recourse Debt 16 43
Total Long-Term Debt 7,476 6,687
STOCKHOLDER'S EQUITY    
Common Stock 4,852 4,833
Treasury Stock, at cost (615) (607)
Retained Earnings 7,439 6,942
Accumulated Other Comprehensive Income (Loss) (338) (388)
Total Common Stockholders' Equity 11,338 10,780
Noncontrolling Interest 1 1
Total Stockholder's Equity 11,339 10,781
Total Capitalization 18,815 17,468
TOTAL LIABILITIES AND CAPITALIZATION 32,610 31,725
Power [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 9 7
Accounts Receivable, net of allowances in 2013 and 2012, respectively 211 269
Accounts Receivable-Affiliated Companies, net 34 340
Short-Term Loan to Affiliate 417 574
Fuel 599 583
Materials and Supplies, net 329 307
Prepayments 16 17
Derivative Contracts 72 [1] 118 [1]
Deferred Income Taxes 3 0
Other 0 19
Total Current Assets 1,690 2,234
PROPERTY, PLANT AND EQUIPMENT 10,035 9,697
Less: Accumulated Depreciation and Amortization (2,973) (2,679)
Net Property, Plant and Equipment 7,062 7,018
NONCURRENT ASSETS    
Nuclear Decommissioning Trust (NDT) Fund 1,635 1,540
Other Special Funds 38 36
Goodwill 16 16
Other Intangibles 52 34
Derivative Contracts 89 [1] 49 [1]
Other 139 105
Total Noncurrent Assets 1,969 1,780
Total Assets 10,721 11,032
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 0 300
Accounts Payable 404 498
Derivative Contracts 36 [1] 46 [1]
Accrued Interest 37 26
Deferred Income Taxes 0 16
Other 109 81
Total Current Liabilities 586 967
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 1,732 1,575
Asset Retirement Obligations 385 369
Other Postretirement Benefit (OPEB) Costs 230 221
Accrued Pension Costs 225 272
Derivative Contracts 23 [1] 15 [1]
Long-Term Accrued Taxes 50 50
Other 90 84
Total Noncurrent Liabilities 2,735 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 4,596 4,725
Accumulated Other Comprehensive Income (Loss) (279) (328)
Total Stockholder's Equity 5,359 5,439
TOTAL LIABILITIES AND CAPITALIZATION 10,721 11,032
PSE And G [Member]
   
CURRENT ASSETS    
Cash and Cash Equivalents 253 116
Accounts Receivable, net of allowances in 2013 and 2012, respectively 839 783
Accounts Receivable-Affiliated Companies, net 94 0
Unbilled Revenues 211 314
Materials and Supplies, net 118 114
Prepayments 138 29
Derivative Contracts 19 5
Deferred Income Taxes 31 49
Regulatory Assets 348 349
Other 24 24
Total Current Assets 2,075 1,783
PROPERTY, PLANT AND EQUIPMENT 18,503 17,006
Less: Accumulated Depreciation and Amortization (4,916) (4,726)
Net Property, Plant and Equipment 13,587 12,280
NONCURRENT ASSETS    
Regulatory Assets 3,519 3,830
Regulatory Assets of Variable Interest Entities (VIEs) 532 713
Long-Term Investments 356 348
Other Special Funds 41 61
Derivative Contracts 69 62
Restricted Cash of VIEs 23 23
Other 128 123
Total Noncurrent Assets 4,668 5,160
Total Assets 20,330 19,223
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 775 725
Securitization Debt of VIEs Due Within One Year 235 226
Commercial Paper and Loans 0 263
Accounts Payable 473 630
Accounts Payable-Affiliated Companies, net 0 73
Accrued Interest 77 65
Deferred Income Taxes 55 60
Clean Energy Program 185 153
Obligation to Return Cash Collateral 118 122
Regulatory Liabilities 171 67
Other 306 269
Total Current Liabilities 2,395 2,653
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 4,354 4,223
Regulatory Liabilities 213 209
Regulatory Liabilities of VIEs 11 10
Asset Retirement Obligations 260 250
Other Postretirement Benefit (OPEB) Costs 989 1,011
Accrued Pension Costs 360 463
Environmental Costs 380 486
Derivative Contracts 140 107
Long-Term Accrued Taxes 48 32
Other 46 38
Total Noncurrent Liabilities 6,801 6,829
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)      
LONG-TERM DEBT    
Long-Term Debt 5,066 4,070
Securitization Debt of VIEs 326 496
Total Long-Term Debt 5,392 4,566
STOCKHOLDER'S EQUITY    
Common Stock 892 892
Contributed Capital 520 420
Basis Adjustment 986 986
Retained Earnings 3,343 2,875
Accumulated Other Comprehensive Income (Loss) 1 2
Total Stockholder's Equity 5,742 5,175
Total Capitalization 11,134 9,741
TOTAL LIABILITIES AND CAPITALIZATION $ 20,330 $ 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 September 30, 2013 and December 31, 2012. PSE&G does not have any derivative contracts subject to master netting or similar agreements.