XML 177 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash and Cash Equivalents $ 402us-gaap_CashAndCashEquivalentsAtCarryingValue $ 493us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts Receivable, net of allowances 1,254us-gaap_AccountsReceivableNetCurrent 1,203us-gaap_AccountsReceivableNetCurrent
Tax Receivable 211us-gaap_IncomeTaxReceivable 109us-gaap_IncomeTaxReceivable
Unbilled Revenues 284us-gaap_UnbilledReceivablesCurrent 300us-gaap_UnbilledReceivablesCurrent
Fuel 538pseg_Fuel 545pseg_Fuel
Materials and Supplies, net 484us-gaap_InventoryRawMaterialsAndSupplies 479us-gaap_InventoryRawMaterialsAndSupplies
Prepayments 108us-gaap_PrepaidExpenseCurrent 89us-gaap_PrepaidExpenseCurrent
Derivative Contracts 240us-gaap_DerivativeAssetsCurrent 98us-gaap_DerivativeAssetsCurrent
Deferred Income Taxes 11us-gaap_DeferredTaxAssetsNetCurrent 24us-gaap_DeferredTaxAssetsNetCurrent
Regulatory Assets 323us-gaap_RegulatoryAssetsCurrent 243us-gaap_RegulatoryAssetsCurrent
Regulatory Assets of Variable Interest Entities (VIEs) 249pseg_RegulatoryAssetsofConsolidatedVariableInterestEntityCurrent 0pseg_RegulatoryAssetsofConsolidatedVariableInterestEntityCurrent
Other 15us-gaap_OtherAssetsCurrent 31us-gaap_OtherAssetsCurrent
Total Current Assets 4,119us-gaap_AssetsCurrent 3,614us-gaap_AssetsCurrent
PROPERTY, PLANT AND EQUIPMENT 32,196us-gaap_PublicUtilitiesPropertyPlantAndEquipmentPlantInService 29,713us-gaap_PublicUtilitiesPropertyPlantAndEquipmentPlantInService
Less: Accumulated Depreciation and Amortization (8,607)us-gaap_PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation (8,068)us-gaap_PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
Net Property, Plant and Equipment 23,589us-gaap_PublicUtilitiesPropertyPlantAndEquipmentNet 21,645us-gaap_PublicUtilitiesPropertyPlantAndEquipmentNet
NONCURRENT ASSETS    
Regulatory Assets 3,192us-gaap_RegulatoryAssetsNoncurrent 2,612us-gaap_RegulatoryAssetsNoncurrent
Regulatory Assets of Variable Interest Entities (VIEs) 0pseg_RegulatoryAssetsOfConsolidatedVariableInterestEntityNoncurrent 476pseg_RegulatoryAssetsOfConsolidatedVariableInterestEntityNoncurrent
Long-Term Investments 1,307us-gaap_LongTermInvestments 1,313us-gaap_LongTermInvestments
Nuclear Decommissioning Trust (NDT) Fund 1,780us-gaap_DecommissioningFundInvestments 1,701us-gaap_DecommissioningFundInvestments
Long-Term Receivable of VIEs 580us-gaap_AccountsReceivableNetNoncurrent 0us-gaap_AccountsReceivableNetNoncurrent
Other Special Funds 212pseg_OtherSpecialFunds 613pseg_OtherSpecialFunds
Goodwill 16us-gaap_Goodwill 16us-gaap_Goodwill
Other Intangibles 84us-gaap_IntangibleAssetsNetExcludingGoodwill 33us-gaap_IntangibleAssetsNetExcludingGoodwill
Derivative Contracts 77us-gaap_DerivativeAssetsNoncurrent 163us-gaap_DerivativeAssetsNoncurrent
Restricted Cash of VIEs 24pseg_RestrictedCashNoncurentHeldByConsolidatedVariableInterestEntities 24pseg_RestrictedCashNoncurentHeldByConsolidatedVariableInterestEntities
Other 353us-gaap_OtherAssetsNoncurrent 312us-gaap_OtherAssetsNoncurrent
Total Noncurrent Assets 7,625us-gaap_AssetsNoncurrent 7,263us-gaap_AssetsNoncurrent
Total Assets 35,333us-gaap_Assets 32,522us-gaap_Assets
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 624us-gaap_LongTermDebtCurrent 544us-gaap_LongTermDebtCurrent
Securitization Debt of VIEs Due Within One Year 259us-gaap_LongtermTransitionBondCurrent 237us-gaap_LongtermTransitionBondCurrent
Commercial Paper and Loans 0us-gaap_CommercialPaper 60us-gaap_CommercialPaper
Accounts Payable 1,178us-gaap_AccountsPayableCurrent 1,222us-gaap_AccountsPayableCurrent
Derivative Contracts 132us-gaap_DerivativeLiabilitiesCurrent 76us-gaap_DerivativeLiabilitiesCurrent
Accrued Interest 95us-gaap_InterestPayableCurrent 95us-gaap_InterestPayableCurrent
Accrued Taxes 21us-gaap_TaxesPayableCurrent 37us-gaap_TaxesPayableCurrent
Deferred Income Taxes 173us-gaap_DeferredTaxLiabilitiesCurrent 0us-gaap_DeferredTaxLiabilitiesCurrent
Clean Energy Program 142pseg_CleanEnergyProgramCurrent 142pseg_CleanEnergyProgramCurrent
Obligation to Return Cash Collateral 121pseg_CustomerCollateralLiabilities 119pseg_CustomerCollateralLiabilities
Regulatory Liabilities 186us-gaap_RegulatoryLiabilityCurrent 43us-gaap_RegulatoryLiabilityCurrent
Other 547us-gaap_OtherLiabilitiesCurrent 488us-gaap_OtherLiabilitiesCurrent
Total Current Liabilities 3,478us-gaap_LiabilitiesCurrent 3,063us-gaap_LiabilitiesCurrent
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 7,303us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent 7,107us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
Regulatory Liabilities 258us-gaap_RegulatoryLiabilityNoncurrent 233us-gaap_RegulatoryLiabilityNoncurrent
Regulatory Liabilities of VIEs 39pseg_RegulatoryLiabilitiesOfConsolidatedVariableInterestEntityNoncurrent 11pseg_RegulatoryLiabilitiesOfConsolidatedVariableInterestEntityNoncurrent
Asset Retirement Obligations 743us-gaap_AssetRetirementObligationsNoncurrent 677us-gaap_AssetRetirementObligationsNoncurrent
Other Postretirement Benefit (OPEB) Costs 1,277us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent 1,095us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
OPEB Costs of Servco 452us-gaap_OtherPostretirementBenefitsPayableNoncurrent 0us-gaap_OtherPostretirementBenefitsPayableNoncurrent
Accrued Pension Costs 440us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent 121us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent
Accrued Pension Costs of Servco 126us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 0us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Environmental Costs 417us-gaap_AccruedEnvironmentalLossContingenciesNoncurrent 414us-gaap_AccruedEnvironmentalLossContingenciesNoncurrent
Derivative Contracts 33us-gaap_DerivativeLiabilitiesNoncurrent 31us-gaap_DerivativeLiabilitiesNoncurrent
Long-Term Accrued Taxes 208us-gaap_LiabilityForUncertainTaxPositionsNoncurrent 180us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
Other 112us-gaap_OtherLiabilitiesNoncurrent 119us-gaap_OtherLiabilitiesNoncurrent
Total Noncurrent Liabilities 11,408us-gaap_LiabilitiesNoncurrent 9,988us-gaap_LiabilitiesNoncurrent
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 12)      
LONG-TERM DEBT    
Long-Term Debt 8,261us-gaap_OtherLongTermDebtNoncurrent 7,587us-gaap_OtherLongTermDebtNoncurrent
Securitization Debt of VIEs 0us-gaap_LongTermTransitionBond 259us-gaap_LongTermTransitionBond
Project Level, Non-Recourse Debt 0pseg_NonrecourseDebtNoncurrent 16pseg_NonrecourseDebtNoncurrent
Total Long-Term Debt 8,261us-gaap_LongTermDebtNoncurrent 7,862us-gaap_LongTermDebtNoncurrent
STOCKHOLDER'S EQUITY    
Common Stock 4,876us-gaap_CommonStockValueOutstanding 4,861us-gaap_CommonStockValueOutstanding
Treasury Stock, at cost (635)us-gaap_TreasuryStockValue (615)us-gaap_TreasuryStockValue
Basis Adjustment 986pseg_BasisAdjustment  
Retained Earnings 8,227us-gaap_RetainedEarningsAccumulatedDeficit 7,457us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated Other Comprehensive Income (283)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (95)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total Common Stockholders' Equity 12,185us-gaap_StockholdersEquity 11,608us-gaap_StockholdersEquity
Noncontrolling Interest 1us-gaap_MinorityInterest 1us-gaap_MinorityInterest
Total Stockholder's Equity 12,186us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 11,609us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total Capitalization 20,447us-gaap_CapitalizationLongtermDebtAndEquity 19,471us-gaap_CapitalizationLongtermDebtAndEquity
TOTAL LIABILITIES AND CAPITALIZATION 35,333us-gaap_LiabilitiesAndStockholdersEquity 32,522us-gaap_LiabilitiesAndStockholdersEquity
PSE&G [Member]    
CURRENT ASSETS    
Cash and Cash Equivalents 310us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= pseg_PseAndGMember
18us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Accounts Receivable, net of allowances 864us-gaap_AccountsReceivableNetCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
832us-gaap_AccountsReceivableNetCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Accounts Receivable-Affiliated Companies 274us-gaap_AccountsReceivableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
0us-gaap_AccountsReceivableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Unbilled Revenues 284us-gaap_UnbilledReceivablesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
300us-gaap_UnbilledReceivablesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Materials and Supplies, net 133us-gaap_InventoryRawMaterialsAndSupplies
/ dei_LegalEntityAxis
= pseg_PseAndGMember
115us-gaap_InventoryRawMaterialsAndSupplies
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Prepayments 42us-gaap_PrepaidExpenseCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
24us-gaap_PrepaidExpenseCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Derivative Contracts 18us-gaap_DerivativeAssetsCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
25us-gaap_DerivativeAssetsCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Deferred Income Taxes 24us-gaap_DeferredTaxAssetsNetCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
16us-gaap_DeferredTaxAssetsNetCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Regulatory Assets 323us-gaap_RegulatoryAssetsCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
243us-gaap_RegulatoryAssetsCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Regulatory Assets of Variable Interest Entities (VIEs) 249pseg_RegulatoryAssetsofConsolidatedVariableInterestEntityCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
0pseg_RegulatoryAssetsofConsolidatedVariableInterestEntityCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Other 7us-gaap_OtherAssetsCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
12us-gaap_OtherAssetsCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Total Current Assets 2,528us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
1,585us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
PROPERTY, PLANT AND EQUIPMENT 21,103us-gaap_PublicUtilitiesPropertyPlantAndEquipmentPlantInService
/ dei_LegalEntityAxis
= pseg_PseAndGMember
19,071us-gaap_PublicUtilitiesPropertyPlantAndEquipmentPlantInService
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Less: Accumulated Depreciation and Amortization (5,183)us-gaap_PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
/ dei_LegalEntityAxis
= pseg_PseAndGMember
(4,964)us-gaap_PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Net Property, Plant and Equipment 15,920us-gaap_PublicUtilitiesPropertyPlantAndEquipmentNet
/ dei_LegalEntityAxis
= pseg_PseAndGMember
14,107us-gaap_PublicUtilitiesPropertyPlantAndEquipmentNet
/ dei_LegalEntityAxis
= pseg_PseAndGMember
NONCURRENT ASSETS    
Regulatory Assets 3,192us-gaap_RegulatoryAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
2,612us-gaap_RegulatoryAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Regulatory Assets of Variable Interest Entities (VIEs) 0pseg_RegulatoryAssetsOfConsolidatedVariableInterestEntityNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
476pseg_RegulatoryAssetsOfConsolidatedVariableInterestEntityNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Long-Term Investments 348us-gaap_LongTermInvestments
/ dei_LegalEntityAxis
= pseg_PseAndGMember
361us-gaap_LongTermInvestments
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Other Special Funds 53pseg_OtherSpecialFunds
/ dei_LegalEntityAxis
= pseg_PseAndGMember
354pseg_OtherSpecialFunds
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Derivative Contracts 8us-gaap_DerivativeAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
69us-gaap_DerivativeAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Restricted Cash of VIEs 24pseg_RestrictedCashNoncurentHeldByConsolidatedVariableInterestEntities
/ dei_LegalEntityAxis
= pseg_PseAndGMember
24pseg_RestrictedCashNoncurentHeldByConsolidatedVariableInterestEntities
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Other 150us-gaap_OtherAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
132us-gaap_OtherAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Total Noncurrent Assets 3,775us-gaap_AssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
4,028us-gaap_AssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Total Assets 22,223us-gaap_Assets
/ dei_LegalEntityAxis
= pseg_PseAndGMember
19,720us-gaap_Assets
/ dei_LegalEntityAxis
= pseg_PseAndGMember
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 300us-gaap_LongTermDebtCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
500us-gaap_LongTermDebtCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Securitization Debt of VIEs Due Within One Year 259us-gaap_LongtermTransitionBondCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
237us-gaap_LongtermTransitionBondCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Commercial Paper and Loans 0us-gaap_CommercialPaper
/ dei_LegalEntityAxis
= pseg_PseAndGMember
60us-gaap_CommercialPaper
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Accounts Payable 574us-gaap_AccountsPayableCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
535us-gaap_AccountsPayableCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Accounts Payable-Affiliated Companies 379us-gaap_AccountsPayableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
190us-gaap_AccountsPayableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Accrued Interest 68us-gaap_InterestPayableCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
67us-gaap_InterestPayableCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Deferred Income Taxes 165us-gaap_DeferredTaxLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
30us-gaap_DeferredTaxLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Clean Energy Program 142pseg_CleanEnergyProgramCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
142pseg_CleanEnergyProgramCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Obligation to Return Cash Collateral 121pseg_CustomerCollateralLiabilities
/ dei_LegalEntityAxis
= pseg_PseAndGMember
119pseg_CustomerCollateralLiabilities
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Regulatory Liabilities 186us-gaap_RegulatoryLiabilityCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
43us-gaap_RegulatoryLiabilityCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Other 381us-gaap_OtherLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
314us-gaap_OtherLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Total Current Liabilities 2,575us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
2,237us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 4,575us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
4,406us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Regulatory Liabilities 258us-gaap_RegulatoryLiabilityNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
233us-gaap_RegulatoryLiabilityNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Regulatory Liabilities of VIEs 39pseg_RegulatoryLiabilitiesOfConsolidatedVariableInterestEntityNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
11pseg_RegulatoryLiabilitiesOfConsolidatedVariableInterestEntityNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Asset Retirement Obligations 290us-gaap_AssetRetirementObligationsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
274us-gaap_AssetRetirementObligationsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Other Postretirement Benefit (OPEB) Costs 967us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
839us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Accrued Pension Costs 173us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
27us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Environmental Costs 364us-gaap_AccruedEnvironmentalLossContingenciesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
363us-gaap_AccruedEnvironmentalLossContingenciesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Long-Term Accrued Taxes 116us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
72us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Other 67us-gaap_OtherLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
47us-gaap_OtherLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Total Noncurrent Liabilities 6,849us-gaap_LiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
6,272us-gaap_LiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 12)      
LONG-TERM DEBT    
Long-Term Debt 6,012us-gaap_OtherLongTermDebtNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
5,066us-gaap_OtherLongTermDebtNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Securitization Debt of VIEs 0us-gaap_LongTermTransitionBond
/ dei_LegalEntityAxis
= pseg_PseAndGMember
259us-gaap_LongTermTransitionBond
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Total Long-Term Debt 6,012us-gaap_LongTermDebtNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
5,325us-gaap_LongTermDebtNoncurrent
/ dei_LegalEntityAxis
= pseg_PseAndGMember
STOCKHOLDER'S EQUITY    
Common Stock 892us-gaap_CommonStockValueOutstanding
/ dei_LegalEntityAxis
= pseg_PseAndGMember
892us-gaap_CommonStockValueOutstanding
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Contributed Capital 695pseg_ContributedCapital
/ dei_LegalEntityAxis
= pseg_PseAndGMember
520pseg_ContributedCapital
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Basis Adjustment 986pseg_BasisAdjustment
/ dei_LegalEntityAxis
= pseg_PseAndGMember
986pseg_BasisAdjustment
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Retained Earnings 4,212us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= pseg_PseAndGMember
3,487us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Accumulated Other Comprehensive Income 2us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= pseg_PseAndGMember
1us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Total Stockholder's Equity 6,787us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= pseg_PseAndGMember
5,886us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Total Capitalization 12,799us-gaap_CapitalizationLongtermDebtAndEquity
/ dei_LegalEntityAxis
= pseg_PseAndGMember
11,211us-gaap_CapitalizationLongtermDebtAndEquity
/ dei_LegalEntityAxis
= pseg_PseAndGMember
TOTAL LIABILITIES AND CAPITALIZATION 22,223us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= pseg_PseAndGMember
19,720us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= pseg_PseAndGMember
Power [Member]    
CURRENT ASSETS    
Cash and Cash Equivalents 9us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= pseg_PowerMember
6us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= pseg_PowerMember
Accounts Receivable, net of allowances 334us-gaap_AccountsReceivableNetCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
338us-gaap_AccountsReceivableNetCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Tax Receivable 3us-gaap_IncomeTaxReceivable
/ dei_LegalEntityAxis
= pseg_PowerMember
0us-gaap_IncomeTaxReceivable
/ dei_LegalEntityAxis
= pseg_PowerMember
Accounts Receivable-Affiliated Companies 313us-gaap_AccountsReceivableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
333us-gaap_AccountsReceivableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Short-Term Loan to Affiliate 584us-gaap_NotesReceivableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
790us-gaap_NotesReceivableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Fuel 538pseg_Fuel
/ dei_LegalEntityAxis
= pseg_PowerMember
545pseg_Fuel
/ dei_LegalEntityAxis
= pseg_PowerMember
Materials and Supplies, net 350us-gaap_InventoryRawMaterialsAndSupplies
/ dei_LegalEntityAxis
= pseg_PowerMember
362us-gaap_InventoryRawMaterialsAndSupplies
/ dei_LegalEntityAxis
= pseg_PowerMember
Prepayments 17us-gaap_PrepaidExpenseCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
13us-gaap_PrepaidExpenseCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Derivative Contracts 207us-gaap_DerivativeAssetsCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
57us-gaap_DerivativeAssetsCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
[1]
Deferred Income Taxes 0us-gaap_DeferredTaxAssetsNetCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
30us-gaap_DeferredTaxAssetsNetCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Other 4pseg_OtherCurrentAssets
/ dei_LegalEntityAxis
= pseg_PowerMember
2pseg_OtherCurrentAssets
/ dei_LegalEntityAxis
= pseg_PowerMember
Total Current Assets 2,359us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
2,476us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
PROPERTY, PLANT AND EQUIPMENT 10,732us-gaap_PublicUtilitiesPropertyPlantAndEquipmentPlantInService
/ dei_LegalEntityAxis
= pseg_PowerMember
10,278us-gaap_PublicUtilitiesPropertyPlantAndEquipmentPlantInService
/ dei_LegalEntityAxis
= pseg_PowerMember
Less: Accumulated Depreciation and Amortization (3,217)us-gaap_PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
/ dei_LegalEntityAxis
= pseg_PowerMember
(2,911)us-gaap_PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
/ dei_LegalEntityAxis
= pseg_PowerMember
Net Property, Plant and Equipment 7,515us-gaap_PublicUtilitiesPropertyPlantAndEquipmentNet
/ dei_LegalEntityAxis
= pseg_PowerMember
7,367us-gaap_PublicUtilitiesPropertyPlantAndEquipmentNet
/ dei_LegalEntityAxis
= pseg_PowerMember
NONCURRENT ASSETS    
Long-Term Investments 121us-gaap_LongTermInvestments
/ dei_LegalEntityAxis
= pseg_PowerMember
123us-gaap_LongTermInvestments
/ dei_LegalEntityAxis
= pseg_PowerMember
Nuclear Decommissioning Trust (NDT) Fund 1,780us-gaap_DecommissioningFundInvestments
/ dei_LegalEntityAxis
= pseg_PowerMember
1,701us-gaap_DecommissioningFundInvestments
/ dei_LegalEntityAxis
= pseg_PowerMember
Other Special Funds 49pseg_OtherSpecialFunds
/ dei_LegalEntityAxis
= pseg_PowerMember
139pseg_OtherSpecialFunds
/ dei_LegalEntityAxis
= pseg_PowerMember
Goodwill 16us-gaap_Goodwill
/ dei_LegalEntityAxis
= pseg_PowerMember
16us-gaap_Goodwill
/ dei_LegalEntityAxis
= pseg_PowerMember
Other Intangibles 84us-gaap_IntangibleAssetsNetExcludingGoodwill
/ dei_LegalEntityAxis
= pseg_PowerMember
33us-gaap_IntangibleAssetsNetExcludingGoodwill
/ dei_LegalEntityAxis
= pseg_PowerMember
Derivative Contracts 62us-gaap_DerivativeAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
72us-gaap_DerivativeAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
[1]
Other 60us-gaap_OtherAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
75us-gaap_OtherAssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Total Noncurrent Assets 2,172us-gaap_AssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
2,159us-gaap_AssetsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Total Assets 12,046us-gaap_Assets
/ dei_LegalEntityAxis
= pseg_PowerMember
12,002us-gaap_Assets
/ dei_LegalEntityAxis
= pseg_PowerMember
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 300us-gaap_LongTermDebtCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
44us-gaap_LongTermDebtCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Accounts Payable 424us-gaap_AccountsPayableCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
516us-gaap_AccountsPayableCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Derivative Contracts 132us-gaap_DerivativeLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
76us-gaap_DerivativeLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
[1]
Accounts Payable-Affiliated Companies 118us-gaap_AccountsPayableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
0us-gaap_AccountsPayableRelatedPartiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Accrued Interest 27us-gaap_InterestPayableCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
28us-gaap_InterestPayableCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Deferred Income Taxes 43us-gaap_DeferredTaxLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
0us-gaap_DeferredTaxLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Other 140us-gaap_OtherLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
136us-gaap_OtherLiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Total Current Liabilities 1,184us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
800us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 2,065us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
2,031us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Asset Retirement Obligations 450us-gaap_AssetRetirementObligationsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
400us-gaap_AssetRetirementObligationsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Other Postretirement Benefit (OPEB) Costs 248us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
206us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Accrued Pension Costs 153us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
35us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Derivative Contracts 33us-gaap_DerivativeLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
31us-gaap_DerivativeLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
[1]
Long-Term Accrued Taxes 41us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
53us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Other 71us-gaap_OtherLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
91us-gaap_OtherLiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
Total Noncurrent Liabilities 3,061us-gaap_LiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
2,847us-gaap_LiabilitiesNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 12)      
LONG-TERM DEBT    
Total Long-Term Debt 2,243us-gaap_LongTermDebtNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
2,497us-gaap_LongTermDebtNoncurrent
/ dei_LegalEntityAxis
= pseg_PowerMember
STOCKHOLDER'S EQUITY    
Contributed Capital 2,214pseg_ContributedCapital
/ dei_LegalEntityAxis
= pseg_PowerMember
2,214pseg_ContributedCapital
/ dei_LegalEntityAxis
= pseg_PowerMember
Basis Adjustment (986)pseg_BasisAdjustment
/ dei_LegalEntityAxis
= pseg_PowerMember
(986)pseg_BasisAdjustment
/ dei_LegalEntityAxis
= pseg_PowerMember
Retained Earnings 4,558us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= pseg_PowerMember
4,693us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= pseg_PowerMember
Accumulated Other Comprehensive Income (228)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= pseg_PowerMember
(63)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= pseg_PowerMember
Total Stockholder's Equity 5,558us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= pseg_PowerMember
5,858us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ dei_LegalEntityAxis
= pseg_PowerMember
TOTAL LIABILITIES AND CAPITALIZATION $ 12,046us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= pseg_PowerMember
$ 12,002us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= pseg_PowerMember
[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 December 31, 2014 and 2013. PSE&G does not have any derivative contracts subject to master netting or similar agreements.