XML 82 R47.htm IDEA: XBRL DOCUMENT v2.4.0.8
Asset Retirement Obligations (AROs) (Tables)
12 Months Ended
Dec. 31, 2013
Asset Retirement Obligation [Abstract]  
Impact Of The Revisions On Asset Retirement Obligation
The changes to the ARO liabilities for PSEG, Power and PSE&G during 2012 and 2013 are presented in the following table:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
Power
 
PSE&G
 
Other
 
 
 
 
Millions
 
 
ARO Liability as of January 1, 2012
 
$
489

 
$
261

 
$
226

 
$
2

 
 
Liabilities Settled
 
(5
)
 
(1
)
 
(5
)
 
1

 
 
Liabilities Incurred
 
11

 
4

 
7

 

 
 
Accretion Expense
 
21

 
21

 

 

 
 
Accretion Expense Deferred and Recovered in Rate Base (A)
 
14

 

 
14

 

 
 
Revisions to Present Values of Estimated Cash Flows
 
97

 
89

 
8

 

 
 
ARO Liability as of December 31, 2012
 
$
627

 
$
374

 
$
250

 
$
3

 
 
Liabilities Settled
 
(5
)
 
(1
)
 
(4
)
 

 
 
Liabilities Incurred
 
17

 
4

 
13

 

 
 
Accretion Expense
 
23

 
23

 

 

 
 
Accretion Expense Deferred and Recovered in Rate Base (A)
 
15

 

 
15

 

 
 
ARO Liability as of December 31, 2013
 
$
677

 
$
400

 
$
274

 
$
3

 
 
 
 
 
 
 
 
 
 
 
 
(A)
Not reflected as expense in Consolidated Statements of Operations