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Pension and OPEB (Tables)
9 Months Ended
Sep. 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
 
Nine Months Ended
 
Nine Months Ended
 
 
 
September 30,
 
September 30,
 
September 30,
 
September 30,
 
 
 
2017

 
2016
 
2017

 
2016
 
2017
 
2016
 
2017
 
2016
 
 
 
Millions
 
 
Components of Net Periodic Benefit Costs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service Cost
$
29

 
$
28

 
$
4

 
$
5

 
$
86

 
$
82

 
$
12

 
$
13

 
 
Interest Cost
51

 
50

 
15

 
15

 
153

 
151

 
47

 
44

 
 
Expected Return on Plan Assets
(98
)
 
(98
)
 
(8
)
 
(8
)
 
(295
)
 
(295
)
 
(25
)
 
(23
)
 
 
Amortization of Net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Prior Service Cost (Credit)
(5
)
 
(5
)
 
(3
)
 
(4
)
 
(14
)
 
(14
)
 
(8
)
 
(11
)
 
 
Actuarial Loss
24

 
39

 
13

 
10

 
73

 
118

 
38

 
30

 
 
Total Benefit Costs
$
1

 
$
14

 
$
21

 
$
18

 
$
3

 
$
42

 
$
64

 
$
53

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
 
Nine Months Ended
 
Nine Months Ended
 
 
 
September 30,
 
September 30,
 
September 30,
 
September 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
 
 
Millions
 
 
PSE&G
$
(1
)
 
$
8

 
$
13

 
$
11

 
$
(3
)
 
$
22

 
$
40

 
$
33

 
 
Power

 
3

 
7

 
6

 
1

 
11

 
20

 
17

 
 
Other
2

 
3

 
1

 
1

 
5

 
9

 
4

 
3

 
 
Total Benefit Costs
$
1

 
$
14

 
$
21

 
$
18

 
$
3

 
$
42

 
$
64

 
$
53