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Pension and OPEB (Tables)
6 Months Ended
Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Components Of Net Periodic Benefit Cost
Pension and OPEB costs for PSEG, except for Servco, are detailed as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
OPEB
 
Pension Benefits
 
OPEB
 
 
 
Three Months Ended
 
Three Months Ended
 
Six Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
June 30,
 
June 30,
 
 
 
2016

 
2015
 
2016

 
2015
 
2016
 
2015
 
2016
 
2015
 
 
 
Millions
 
 
Components of Net Periodic Benefit Costs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service Cost
$
27

 
$
31

 
$
4

 
$
6

 
$
54

 
$
62

 
$
8

 
$
11

 
 
Interest Cost
51

 
58

 
14

 
17

 
101

 
117

 
29

 
34

 
 
Expected Return on Plan Assets
(99
)
 
(104
)
 
(7
)
 
(8
)
 
(197
)
 
(207
)
 
(15
)
 
(15
)
 
 
Amortization of Net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior Service Cost (Credit)
(5
)
 
(4
)
 
(4
)
 
(4
)
 
(9
)
 
(9
)
 
(7
)
 
(7
)
 
 
Actuarial Loss
40

 
37

 
10

 
11

 
79

 
74

 
20

 
21

 
 
Total Benefit Costs
$
14

 
$
18

 
$
17

 
$
22

 
$
28

 
$
37

 
$
35

 
$
44

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Schedule Of Pension And OPEB Costs
Pension and OPEB costs for PSE&G, Power and PSEG’s other subsidiaries, except for Servco, are detailed as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
OPEB
 
Pension Benefits
 
OPEB
 
 
 
Three Months Ended
 
Three Months Ended
 
Six Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
June 30,
 
June 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
 
 
Millions
 
 
PSE&G
$
7

 
$
10

 
$
11

 
$
14

 
$
14

 
$
20

 
$
22

 
$
28

 
 
Power
4

 
5

 
5

 
6

 
8

 
11

 
11

 
13

 
 
Other
3

 
3

 
1

 
2

 
6

 
6

 
2

 
3

 
 
Total Benefit Costs
$
14

 
$
18

 
$
17

 
$
22

 
$
28

 
$
37

 
$
35

 
$
44