XML 43 R21.htm IDEA: XBRL DOCUMENT v3.4.0.3
Accumulated Other Comprehensive Income (Loss), Net of Tax
3 Months Ended
Mar. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Income (Loss), Net of Tax
Accumulated Other Comprehensive Income (Loss), Net of Tax
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended March 31, 2016
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2015
 
$

 
$
(386
)
 
$
91

 
$
(295
)
 
 
Other Comprehensive Income before Reclassifications
 
2

 

 
10

 
12

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 

 
8

 
6

 
14

 
 
Net Current Period Other Comprehensive Income (Loss)
 
2

 
8

 
16

 
26

 
 
Balance as of March 31, 2016
 
$
2

 
$
(378
)
 
$
107

 
$
(269
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended March 31, 2015
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2014
 
$
10

 
$
(411
)
 
$
118

 
$
(283
)
 
 
Other Comprehensive Income before Reclassifications
 
1

 

 
16

 
17

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
(10
)
 
8

 
(2
)
 
(4
)
 
 
Net Current Period Other Comprehensive Income (Loss)
 
(9
)
 
8

 
14

 
13

 
 
Balance as of March 31, 2015
 
$
1

 
$
(403
)
 
$
132

 
$
(270
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended March 31, 2016
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2015
 
$

 
$
(327
)
 
$
87

 
$
(240
)
 
 
Other Comprehensive Income before Reclassifications
 

 

 
10

 
10

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 

 
7

 
6

 
13

 
 
Net Current Period Other Comprehensive Income (Loss)
 

 
7

 
16

 
23

 
 
Balance as of March 31, 2016
 
$

 
$
(320
)
 
$
103

 
$
(217
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended March 31, 2015
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2014
 
$
11

 
$
(351
)
 
$
112

 
$
(228
)
 
 
Other Comprehensive Income before Reclassifications
 
1

 

 
16

 
17

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
(10
)
 
7

 
(2
)
 
(5
)
 
 
Net Current Period Other Comprehensive Income (Loss)
 
(9
)
 
7

 
14

 
12

 
 
Balance as of March 31, 2015
 
$
2

 
$
(344
)
 
$
126

 
$
(216
)
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
March 31, 2016
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
Millions
 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
3

 
(1
)
 
2

 
    
Amortization of Actuarial Loss
 
O&M Expense
 
(17
)
 
7

 
(10
)
 
 
Total Pension and OPEB Plans
 
(14
)
 
6

 
(8
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
16

 
(8
)
 
8

 
 
Realized Losses
 
Other Deductions
 
(17
)
 
8

 
(9
)
 
 
Other-Than-Temporary Impairments (OTTI)
 
OTTI
 
(10
)
 
5

 
(5
)
 
 
Total Available-for-Sale Securities
 
(11
)
 
5

 
(6
)
 
 
Total
 
 
 
$
(25
)
 
$
11

 
$
(14
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
March 31, 2015
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
 
Millions
 
 
Cash Flow Hedges
 
 
 
 
 
 
 
 
 
 
Energy-Related Contracts
 
Operating Revenues
 
$
17

 
$
(7
)
 
$
10

 
 
Total Cash Flow Hedges
 
 
 
17

 
(7
)
 
10

 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
3

 
(1
)
 
2

 
    
Amortization of Actuarial Loss
 
O&M Expense
 
(17
)
 
7

 
(10
)
 
 
Total Pension and OPEB Plans
 
(14
)
 
6

 
(8
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
19

 
(10
)
 
9

 
 
Realized Losses
 
Other Deductions
 
(9
)
 
5

 
(4
)
 
 
OTTI
 
OTTI
 
(5
)
 
2

 
(3
)
 
 
Total Available-for-Sale Securities
 
5

 
(3
)
 
2

 
 
Total
 
 
 
$
8

 
$
(4
)
 
$
4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
March 31, 2016
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
 
Millions
 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
3

 
(1
)
 
2

 
    
Amortization of Actuarial Loss
 
O&M Expense
 
(15
)
 
6

 
(9
)
 
 
Total Pension and OPEB Plans
 
(12
)
 
5

 
(7
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
15

 
(8
)
 
7

 
 
Realized Losses
 
Other Deductions
 
(16
)
 
8

 
(8
)
 
 
OTTI
 
OTTI
 
(10
)
 
5

 
(5
)
 
 
Total Available-for-Sale Securities
 
(11
)
 
5

 
(6
)
 
 
Total
 
 
 
$
(23
)
 
$
10

 
$
(13
)
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
Power
 
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
March 31, 2015
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
 
Millions
 
 
Cash Flow Hedges
 
 
 
 
 
 
 
 
 
 
Energy-Related Contracts
 
Operating Revenues
 
$
17

 
$
(7
)
 
$
10

 
 
Total Cash Flow Hedges
 
 
 
17

 
(7
)
 
10

 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
3

 
(1
)
 
2

 
    
Amortization of Actuarial Loss
 
O&M Expense
 
(15
)
 
6

 
(9
)
 
 
Total Pension and OPEB Plans
 
(12
)
 
5

 
(7
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
19

 
(10
)
 
9

 
 
Realized Losses
 
Other Deductions
 
(9
)
 
5

 
(4
)
 
 
OTTI
 
OTTI
 
(5
)
 
2

 
(3
)
 
 
Total Available-for-Sale Securities
 
5

 
(3
)
 
2

 
 
Total
 
 
 
$
10

 
$
(5
)
 
$
5

 
 
 
 
 
 
 
 
 
 
 
 
Power [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Accumulated Other Comprehensive Income (Loss), Net of Tax
Accumulated Other Comprehensive Income (Loss), Net of Tax
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended March 31, 2016
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2015
 
$

 
$
(386
)
 
$
91

 
$
(295
)
 
 
Other Comprehensive Income before Reclassifications
 
2

 

 
10

 
12

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 

 
8

 
6

 
14

 
 
Net Current Period Other Comprehensive Income (Loss)
 
2

 
8

 
16

 
26

 
 
Balance as of March 31, 2016
 
$
2

 
$
(378
)
 
$
107

 
$
(269
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended March 31, 2015
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2014
 
$
10

 
$
(411
)
 
$
118

 
$
(283
)
 
 
Other Comprehensive Income before Reclassifications
 
1

 

 
16

 
17

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
(10
)
 
8

 
(2
)
 
(4
)
 
 
Net Current Period Other Comprehensive Income (Loss)
 
(9
)
 
8

 
14

 
13

 
 
Balance as of March 31, 2015
 
$
1

 
$
(403
)
 
$
132

 
$
(270
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended March 31, 2016
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2015
 
$

 
$
(327
)
 
$
87

 
$
(240
)
 
 
Other Comprehensive Income before Reclassifications
 

 

 
10

 
10

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 

 
7

 
6

 
13

 
 
Net Current Period Other Comprehensive Income (Loss)
 

 
7

 
16

 
23

 
 
Balance as of March 31, 2016
 
$

 
$
(320
)
 
$
103

 
$
(217
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended March 31, 2015
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2014
 
$
11

 
$
(351
)
 
$
112

 
$
(228
)
 
 
Other Comprehensive Income before Reclassifications
 
1

 

 
16

 
17

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
(10
)
 
7

 
(2
)
 
(5
)
 
 
Net Current Period Other Comprehensive Income (Loss)
 
(9
)
 
7

 
14

 
12

 
 
Balance as of March 31, 2015
 
$
2

 
$
(344
)
 
$
126

 
$
(216
)
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
March 31, 2016
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
Millions
 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
3

 
(1
)
 
2

 
    
Amortization of Actuarial Loss
 
O&M Expense
 
(17
)
 
7

 
(10
)
 
 
Total Pension and OPEB Plans
 
(14
)
 
6

 
(8
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
16

 
(8
)
 
8

 
 
Realized Losses
 
Other Deductions
 
(17
)
 
8

 
(9
)
 
 
Other-Than-Temporary Impairments (OTTI)
 
OTTI
 
(10
)
 
5

 
(5
)
 
 
Total Available-for-Sale Securities
 
(11
)
 
5

 
(6
)
 
 
Total
 
 
 
$
(25
)
 
$
11

 
$
(14
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
March 31, 2015
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
 
Millions
 
 
Cash Flow Hedges
 
 
 
 
 
 
 
 
 
 
Energy-Related Contracts
 
Operating Revenues
 
$
17

 
$
(7
)
 
$
10

 
 
Total Cash Flow Hedges
 
 
 
17

 
(7
)
 
10

 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
3

 
(1
)
 
2

 
    
Amortization of Actuarial Loss
 
O&M Expense
 
(17
)
 
7

 
(10
)
 
 
Total Pension and OPEB Plans
 
(14
)
 
6

 
(8
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
19

 
(10
)
 
9

 
 
Realized Losses
 
Other Deductions
 
(9
)
 
5

 
(4
)
 
 
OTTI
 
OTTI
 
(5
)
 
2

 
(3
)
 
 
Total Available-for-Sale Securities
 
5

 
(3
)
 
2

 
 
Total
 
 
 
$
8

 
$
(4
)
 
$
4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
March 31, 2016
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
 
Millions
 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
3

 
(1
)
 
2

 
    
Amortization of Actuarial Loss
 
O&M Expense
 
(15
)
 
6

 
(9
)
 
 
Total Pension and OPEB Plans
 
(12
)
 
5

 
(7
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
15

 
(8
)
 
7

 
 
Realized Losses
 
Other Deductions
 
(16
)
 
8

 
(8
)
 
 
OTTI
 
OTTI
 
(10
)
 
5

 
(5
)
 
 
Total Available-for-Sale Securities
 
(11
)
 
5

 
(6
)
 
 
Total
 
 
 
$
(23
)
 
$
10

 
$
(13
)
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
Power
 
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
March 31, 2015
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
 
Millions
 
 
Cash Flow Hedges
 
 
 
 
 
 
 
 
 
 
Energy-Related Contracts
 
Operating Revenues
 
$
17

 
$
(7
)
 
$
10

 
 
Total Cash Flow Hedges
 
 
 
17

 
(7
)
 
10

 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
3

 
(1
)
 
2

 
    
Amortization of Actuarial Loss
 
O&M Expense
 
(15
)
 
6

 
(9
)
 
 
Total Pension and OPEB Plans
 
(12
)
 
5

 
(7
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
19

 
(10
)
 
9

 
 
Realized Losses
 
Other Deductions
 
(9
)
 
5

 
(4
)
 
 
OTTI
 
OTTI
 
(5
)
 
2

 
(3
)
 
 
Total Available-for-Sale Securities
 
5

 
(3
)
 
2

 
 
Total
 
 
 
$
10

 
$
(5
)
 
$
5