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Pension and OPEB (Tables)
6 Months Ended
Jun. 30, 2017
Compensation and Retirement Disclosure [Abstract]  
Components Of Net Periodic Benefit Cost
The following table provides the components of net periodic benefit costs relating to all qualified and nonqualified pension and OPEB plans on an aggregate basis for PSEG, excluding Servco.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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,
 
 
 
2017

 
2016
 
2017

 
2016
 
2017
 
2016
 
2017
 
2016
 
 
 
Millions
 
 
Components of Net Periodic Benefit Costs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service Cost
$
28

 
$
27

 
$
4

 
$
4

 
$
57

 
$
54

 
$
8

 
$
8

 
 
Interest Cost
51

 
51

 
16

 
14

 
102

 
101

 
32

 
29

 
 
Expected Return on Plan Assets
(99
)
 
(99
)
 
(9
)
 
(7
)
 
(197
)
 
(197
)
 
(17
)
 
(15
)
 
 
Amortization of Net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior Service Cost (Credit)
(4
)
 
(5
)
 
(2
)
 
(4
)
 
(9
)
 
(9
)
 
(5
)
 
(7
)
 
 
Actuarial Loss
25

 
40

 
12

 
10

 
49

 
79

 
25

 
20

 
 
Total Benefit Costs
$
1

 
$
14

 
$
21

 
$
17

 
$
2

 
$
28

 
$
43

 
$
35

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Schedule Of Pension And OPEB Costs
Pension and OPEB costs for PSE&G, Power and PSEG’s other subsidiaries, excluding 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,
 
 
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
 
 
Millions
 
 
PSE&G
$
(1
)
 
$
7

 
$
13

 
$
11

 
$
(2
)
 
$
14

 
$
27

 
$
22

 
 
Power
1

 
4

 
6

 
5

 
1

 
8

 
13

 
11

 
 
Other
1

 
3

 
2

 
1

 
3

 
6

 
3

 
2

 
 
Total Benefit Costs
$
1

 
$
14

 
$
21

 
$
17

 
$
2

 
$
28

 
$
43

 
$
35