Long-Term Investments (Tables)

12 Months Ended

Dec. 31, 2015

Long-term Investments [Abstract]

Schedule of Long Term Investments

Long-Term Investments as of December 31, 2015 and 2014 included the following:

	As of December 31,
	2015		2014
	Millions
PSE&G
Life Insurance and Supplemental Benefits	$	150	$	156
Solar Loans	175		187
Other Investments	5		5
Power
Partnerships and Corporate Joint Ventures (Equity Method Investments) (A)	119		121
Energy Holdings
Lease Investments	784		836
Partnerships and Corporate Joint Ventures (Equity Method Investments) (A)	—		2
Total Long-Term Investments	$	1,233	$	1,307

(A) During the three years ended December 31, 2015, 2014 and 2013, the amount of dividends from these investments was $16 million, $17 million and $11 million, respectively.

Schedule Of Net Investment In Leveraged Leases

The following table shows Energy Holdings’ gross and net lease investment as of December 31, 2015 and 2014, respectively.

	As of December 31,
	2015			2014
	Millions
Lease Receivables (net of Non-Recourse Debt)	$	631		$	691
Estimated Residual Value of Leased Assets	519			525
Total Investment in Rental Receivables	1,150			1,216
Unearned and Deferred Income	(366		)	(380		)
Gross Investments in Leases	784			836
Deferred Tax Liabilities	(724		)	(738		)
Net Investments in Leases	$	60		$	98

Schedule Of Pre-Tax Income And Income Tax Effects Related To Investments In Leveraged Leases

The pre-tax income and income tax effects, excluding gains and losses on sales, related to investments in leases were as follows:

	Years Ended December 31,
	2015		2014		2013
	Millions
Pre-Tax Income (Loss) from Leases	$	12	$	24	$	11
Income Tax Expense (Benefit) on Pre-Tax Income from Leases	$	5	$	32	$	6

Equity Method Investments

Equity Method Investments

Power had the following equity method investments as of December 31, 2015:

Name	As of December 31, 2015		Location	% Owned
	Millions
Power
Keystone Fuels, LLC	$	16	PA	23%
Conemaugh Fuels, LLC	$	14	PA	23%
PennEast Pipeline	$	5	PA	12%
Kalaeloa	$	84	HI	50%