Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and Cash Equivalents	$ 394	$ 402
Accounts Receivable, net of allowances	1,068	1,254
Tax Receivable	305	211
Unbilled Revenues	197	284
Fuel	463	538
Materials and Supplies, net	513	484
Prepayments	135	108
Derivative Contracts	242	240
Deferred Income Taxes	0	11
Regulatory Assets	164	323
Regulatory Assets of Variable Interest Entities (VIEs)	0	249
Other	13	15
Total Current Assets	3,494	4,119
PROPERTY, PLANT AND EQUIPMENT	35,494	32,196
Less: Accumulated Depreciation and Amortization	(8,955)	(8,607)
Net Property, Plant and Equipment	26,539	23,589
NONCURRENT ASSETS
Regulatory Assets	3,196	3,192
Long-Term Investments	1,233	1,307
Nuclear Decommissioning Trust (NDT) Fund	1,754	1,780
Long-Term Tax Receivable	171	64
Long-Term Receivable of VIEs	495	580
Other Special Funds	227	212
Goodwill	16	16
Other Intangibles	102	84
Derivative Contracts	77	77
Restricted Cash of VIEs	0	24
Other	231	243
Total Noncurrent Assets	7,502	7,579
Total Assets	37,535	35,287
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	734	624
Securitization Debt of VIEs Due Within One Year	0	259
Commercial Paper and Loans	364	0
Accounts Payable	1,369	1,178
Derivative Contracts	76	132
Accrued Interest	96	95
Accrued Taxes	42	21
Deferred Income Taxes	0	173
Clean Energy Program	142	142
Obligation to Return Cash Collateral	128	121
Regulatory Liabilities	123	186
Regulatory Liabilities of Consolidated VIEs	42	0
Other	459	547
Total Current Liabilities	3,575	3,478
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)	8,166	7,303
Regulatory Liabilities	175	258
Regulatory Liabilities of VIEs	0	39
Asset Retirement Obligations	679	743
Other Postretirement Benefit (OPEB) Costs	1,228	1,277
OPEB Costs of Servco	375	452
Accrued Pension Costs	487	440
Accrued Pension Costs of Servco	114	126
Environmental Costs	415	417
Derivative Contracts	27	33
Long-Term Accrued Taxes	212	208
Other	181	112
Total Noncurrent Liabilities	$ 12,059	$ 11,408
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 12)
LONG-TERM DEBT
Long-Term Debt	$ 8,834	$ 8,215
STOCKHOLDER'S EQUITY
Common Stock	4,915	4,876
Treasury Stock, at cost	(671)	(635)
Retained Earnings	9,117	8,227
Accumulated Other Comprehensive Income (Loss)	(295)	(283)
Total Common Stockholders' Equity	13,066	12,185
Noncontrolling Interest	1	1
Total Stockholder's Equity	13,067	12,186
Total Capitalization	21,901	20,401
TOTAL LIABILITIES AND CAPITALIZATION	37,535	35,287
PSE&G [Member]
CURRENT ASSETS
Cash and Cash Equivalents	198	310
Accounts Receivable, net of allowances	787	864
Accounts Receivable-Affiliated Companies	222	274
Unbilled Revenues	197	284
Materials and Supplies, net	148	133
Prepayments	31	42
Derivative Contracts	13	18
Deferred Income Taxes	0	24
Regulatory Assets	164	323
Regulatory Assets of Variable Interest Entities (VIEs)	0	249
Other	9	7
Total Current Assets	1,769	2,528
PROPERTY, PLANT AND EQUIPMENT	23,732	21,103
Less: Accumulated Depreciation and Amortization	(5,504)	(5,183)
Net Property, Plant and Equipment	18,228	15,920
NONCURRENT ASSETS
Regulatory Assets	3,196	3,192
Long-Term Investments	330	348
Other Special Funds	49	53
Derivative Contracts	0	8
Restricted Cash of VIEs	0	24
Other	105	113
Total Noncurrent Assets	3,680	3,738
Total Assets	23,677	22,186
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	171	300
Securitization Debt of VIEs Due Within One Year	0	259
Commercial Paper and Loans	153	0
Accounts Payable	724	574
Accounts Payable-Affiliated Companies	292	379
Accrued Interest	70	68
Deferred Income Taxes	0	165
Clean Energy Program	142	142
Obligation to Return Cash Collateral	128	121
Regulatory Liabilities	123	186
Regulatory Liabilities of Consolidated VIEs	42	0
Other	297	381
Total Current Liabilities	2,142	2,575
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)	5,181	4,575
Regulatory Liabilities	175	258
Regulatory Liabilities of VIEs	0	39
Asset Retirement Obligations	218	290
Other Postretirement Benefit (OPEB) Costs	937	967
Accrued Pension Costs	202	173
Environmental Costs	365	364
Derivative Contracts	11	0
Long-Term Accrued Taxes	109	116
Other	114	67
Total Noncurrent Liabilities	$ 7,312	$ 6,849
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 12)
LONG-TERM DEBT
Total Long-Term Debt	$ 6,650	$ 5,975
STOCKHOLDER'S EQUITY
Common Stock	892	892
Contributed Capital	695	695
Basis Adjustment	986	986
Retained Earnings	4,999	4,212
Accumulated Other Comprehensive Income (Loss)	1	2
Total Stockholder's Equity	7,573	6,787
Total Capitalization	14,223	12,762
TOTAL LIABILITIES AND CAPITALIZATION	23,677	22,186
Power [Member]
CURRENT ASSETS
Cash and Cash Equivalents	12	9
Accounts Receivable, net of allowances	217	334
Accounts Receivable-Affiliated Companies	276	313
Short-Term Loan to Affiliate	363	584
Fuel	463	538
Materials and Supplies, net	363	350
Prepayments	25	17
Derivative Contracts	223	207	[1]
Deferred Income Taxes	0	0
Other	7	7
Total Current Assets	1,949	2,359
PROPERTY, PLANT AND EQUIPMENT	11,354	10,732
Less: Accumulated Depreciation and Amortization	(3,227)	(3,217)
Net Property, Plant and Equipment	8,127	7,515
NONCURRENT ASSETS
Long-Term Investments	119	121
Nuclear Decommissioning Trust (NDT) Fund	1,754	1,780
Other Special Funds	55	49
Goodwill	16	16
Other Intangibles	102	84
Derivative Contracts	77	62	[1]
Other	51	51
Total Noncurrent Assets	2,174	2,163
Total Assets	12,250	12,037
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	553	300
Accounts Payable	432	424
Derivative Contracts	76	132	[1]
Accounts Payable-Affiliated Companies	33	118
Accrued Interest	25	27
Deferred Income Taxes	0	43
Other	107	140
Total Current Liabilities	1,226	1,184
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)	2,347	2,065
Asset Retirement Obligations	457	450
Other Postretirement Benefit (OPEB) Costs	230	248
Accrued Pension Costs	166	153
Derivative Contracts	16	33	[1]
Long-Term Accrued Taxes	35	41
Other	87	71
Total Noncurrent Liabilities	$ 3,338	$ 3,061
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 12)
LONG-TERM DEBT
Total Long-Term Debt	$ 1,684	$ 2,234
STOCKHOLDER'S EQUITY
Contributed Capital	2,214	2,214
Basis Adjustment	(986)	(986)
Retained Earnings	5,014	4,558
Accumulated Other Comprehensive Income (Loss)	(240)	(228)
Total Stockholder's Equity	6,002	5,558
TOTAL LIABILITIES AND CAPITALIZATION	$ 12,250	$ 12,037

[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, 2015 and 2014. PSE&G does not have any derivative contracts subject to master netting or similar agreements.