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Debt and Credit Facilities Debt and Credit Facilities (Tables)
6 Months Ended
Jun. 30, 2016
Debt and Credit Facilities [Abstract]  
Schedule of Line of Credit Facilities [Table Text Block]
Each of PSEG's credit facilities is restricted as to availability and use to the specific companies as listed in the following table; however, if necessary, the PSEG facilities can also be used to support its subsidiaries' liquidity needs. PSEG's total credit facilities and available liquidity as of June 30, 2016 were as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of June 30, 2016
 
 
 
 
 
 
Company/Facility
 
Total
Facility
 
Usage (D)
 
Available
Liquidity
 
Expiration
Date
 
Primary Purpose
 
 
 
 
Millions
 
 
 
 
 
 
PSEG
 
 
 
 
 
 
 
 
 
 
 
 
  5-year Credit Facility
 
$
500

 
$
10

 
$
490

 
Apr 2019
 
Commercial Paper (CP) Support/Funding/Letters of Credit
 
 
  5-year Credit Facility (A)
 
500

 

 
500

 
Apr 2020
 
CP Support/Funding/Letters of Credit
 
 
Total PSEG
 
$
1,000

 
$
10

 
$
990

 
 
 
 
 
 
PSE&G
 
 
 
 
 
 
 
 
 
 
 
 
 5-year Credit Facility (B)
 
$
600

 
$
14

 
$
586

 
Apr 2020
 
CP Support/Funding/Letters of Credit
 
 
Total PSE&G
 
$
600

 
$
14

 
$
586

 
 
 
 
 
 
Power
 
 
 
 
 
 
 
 
 
 
 
 
  5-year Credit Facility
 
$
1,600

 
$
189

 
$
1,411

 
Apr 2019
 
Funding/Letters of Credit
 
 
  5-year Credit Facility (C)
 
953

 
13

 
940

 
Apr 2020
 
Funding/Letters of Credit
 
 
Total Power
 
$
2,553

 
$
202

 
$
2,351

 
 
 
 
 
 
Total
 
$
4,153

 
$
226

 
$
3,927

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(A)
PSEG facility will be reduced by $12 million in March 2018.
(B)
PSE&G facility will be reduced by $14 million in March 2018.
(C)Power facility will be reduced by $24 million in March 2018.
(D)
The primary use of PSEG's and PSE&G's credit facilities is to support their respective CP Programs. PSEG and PSE&G had no amounts outstanding under their respective CP Programs as of June 30, 2016.