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Accumulated Other Comprehensive Income (Loss), Net of Tax (Tables)
 9 Months Ended
Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income by Component
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended September 30, 2017
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of June 30, 2017
 
$
2

 
$
(386
)
 
$
158

 
$
(226
)
 
 
Other Comprehensive Income before Reclassifications
 
—

 
—

 
25

 
25

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
(1
)
 
6

 
(8
)
 
(3
)
 
 
Net Current Period Other Comprehensive Income (Loss)
 
(1
)
 
6

 
17

 
22

 
 
Balance as of September 30, 2017
 
$
1

 
$
(380
)
 
$
175

 
$
(204
)
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended September 30, 2016
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of June 30, 2016
 
$
1

 
$
(370
)
 
$
117

 
$
(252
)
 
 
Other Comprehensive Income before Reclassifications
 
1

 
—

 
26

 
27

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
—

 
9

 
(2
)
 
7

 
 
Net Current Period Other Comprehensive Income (Loss)
 
1

 
9

 
24

 
34

 
 
Balance as of September 30, 2016
 
$
2

 
$
(361
)
 
$
141

 
$
(218
)
 
 
 
 
 
 
 
PSEG
 
Other Comprehensive Income (Loss)
 
 
 
 
Nine Months Ended September 30, 2017
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2016
 
$
2

 
$
(398
)
 
$
133

 
$
(263
)
 
 
Other Comprehensive Income before Reclassifications
 
—

 
—

 
78

 
78

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
(1
)
 
18

 
(36
)
 
(19
)
 
 
Net Current Period Other Comprehensive Income (Loss)
 
(1
)
 
18

 
42

 
59

 
 
Balance as of September 30, 2017
 
$
1

 
$
(380
)
 
$
175

 
$
(204
)
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
Other Comprehensive Income (Loss)
 
 
 
 
Nine Months Ended September 30, 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

 
—

 
44

 
46

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
—

 
25

 
6

 
31

 
 
Net Current Period Other Comprehensive Income (Loss)
 
2

 
25

 
50

 
77

 
 
Balance as of September 30, 2016
 
$
2

 
$
(361
)
 
$
141

 
$
(218
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended September 30, 2017
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of June 30, 2017
 
$
—

 
$
(330
)
 
$
158

 
$
(172
)
 
 
Other Comprehensive Income before Reclassifications
 
—

 
—

 
24

 
24

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
—

 
5

 
(9
)
 
(4
)
 
 
Net Current Period Other Comprehensive Income (Loss)
 
—

 
5

 
15

 
20

 
 
Balance as of September 30, 2017
 
$
—

 
$
(325
)
 
$
173

 
$
(152
)
 
 
 
 
 
 
 
Power
 
Other Comprehensive Income (Loss)
 
 
 
 
Three Months Ended September 30, 2016
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of June 30, 2016
 
$
—

 
$
(313
)
 
$
112

 
$
(201
)
 
 
Other Comprehensive Income before Reclassifications
 
—

 
—

 
24

 
24

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
—

 
7

 
(2
)
 
5

 
 
Net Current Period Other Comprehensive Income (Loss)
 
—

 
7

 
22

 
29

 
 
Balance as of September 30, 2016
 
$
—

 
$
(306
)
 
$
134

 
$
(172
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Other Comprehensive Income (Loss)
 
 
 
 
Nine Months Ended September 30, 2017
 
 
Accumulated Other Comprehensive Income (Loss)
 
Cash Flow Hedges
 
Pension and OPEB Plans
 
Available-for-Sale Securities
 
Total
 
 
 
 
Millions
 
 
Balance as of December 31, 2016
 
$
—

 
$
(340
)
 
$
129

 
$
(211
)
 
 
Other Comprehensive Income before Reclassifications
 
—

 
—

 
74

 
74

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
—

 
15

 
(30
)
 
(15
)
 
 
Net Current Period Other Comprehensive Income (Loss)
 
—

 
15

 
44

 
59

 
 
Balance as of September 30, 2017
 
$
—

 
$
(325
)
 
$
173

 
$
(152
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Other Comprehensive Income (Loss)
 
 
 
 
Nine Months Ended September 30, 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
 
—

 
—

 
40

 
40

 
 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
—

 
21

 
7

 
28

 
 
Net Current Period Other Comprehensive Income (Loss)
 
—

 
21

 
47

 
68

 
 
Balance as of September 30, 2016
 
$
—

 
$
(306
)
 
$
134

 
$
(172
)
 
 
 
 
 
 
 
 
 
 
 
 
Reclassifications out of Accumulated Other Comprehensive Income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
September 30, 2017
 
September 30, 2017
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
Millions
 
 
Cash Flow Hedges
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest Rate Swaps
 
Interest Expense
$
2

 
$
(1
)
 
$
1

 
$
2

 
$
(1
)
 
$
1

 
 
Total Cash Flow Hedges
 
 
2

 
(1
)
 
1

 
2

 
(1
)
 
1

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

 
(1
)
 
2

 
7

 
(3
)
 
4

 
    
Amortization of Actuarial Loss
 
O&M Expense
(13
)
 
5

 
(8
)
 
(37
)
 
15

 
(22
)
 
 
Total Pension and OPEB Plans
(10
)
 
4

 
(6
)
 
(30
)
 
12

 
(18
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
29

 
(15
)
 
14

 
99

 
(49
)
 
50

 
 
Realized Losses
 
Other Deductions
(6
)
 
2

 
(4
)
 
(19
)
 
9

 
(10
)
 
 
OTTI
 
OTTI
(5
)
 
3

 
(2
)
 
(9
)
 
5

 
(4
)
 
 
Total Available-for-Sale Securities
18

 
(10
)
 
8

 
71

 
(35
)
 
36

 
 
Total
 
 
$
10

 
$
(7
)
 
$
3

 
$
43

 
$
(24
)
 
$
19

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG
 
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
September 30, 2016
 
September 30, 2016
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
 
Millions
 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
$
3

 
$
(2
)
 
$
1

 
$
9

 
$
(4
)
 
$
5

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

 
(10
)
 
(51
)
 
21

 
(30
)
 
 
Total Pension and OPEB Plans
 
(14
)
 
5

 
(9
)
 
(42
)
 
17

 
(25
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
13

 
(6
)
 
7

 
41

 
(20
)
 
21

 
 
Realized Losses
 
Other Deductions
 
(5
)
 
3

 
(2
)
 
(29
)
 
15

 
(14
)
 
 
OTTI
 
OTTI
 
(5
)
 
2

 
(3
)
 
(25
)
 
12

 
(13
)
 
 
Total Available-for-Sale Securities
 
3

 
(1
)
 
2

 
(13
)
 
7

 
(6
)
 
 
Total
 
 
 
$
(11
)
 
$
4

 
$
(7
)
 
$
(55
)
 
$
24

 
$
(31
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
September 30, 2017
 
September 30, 2017
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
 
 
 
 
 
Millions
 
 
Pension and OPEB Plans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of Prior Service (Cost) Credit
 
O&M Expense
 
$
2

 
$
(1
)
 
$
1

 
$
6

 
$
(3
)
 
$
3

 
    
Amortization of Actuarial Loss
 
O&M Expense
 
(11
)
 
5

 
(6
)
 
(32
)
 
14

 
(18
)
 
 
Total Pension and OPEB Plans
 
(9
)
 
4

 
(5
)
 
(26
)
 
11

 
(15
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
29

 
(15
)
 
14

 
86

 
(44
)
 
42

 
 
Realized Losses
 
Other Deductions
 
(5
)
 
2

 
(3
)
 
(15
)
 
7

 
(8
)
 
 
OTTI
 
OTTI
 
(5
)
 
3

 
(2
)
 
(9
)
 
5

 
(4
)
 
 
Total Available-for-Sale Securities
 
19

 
(10
)
 
9

 
62

 
(32
)
 
30

 
 
Total
 
 
 
$
10

 
$
(6
)
 
$
4

 
$
36

 
$
(21
)
 
$
15

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
 
 
 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
 
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)
 
Location of Pre-Tax Amount In Statement of Operations
 
September 30, 2016
 
September 30, 2016
 
 
 
 
Pre-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
 
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

 
$
8

 
$
(3
)
 
$
5

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

 
(9
)
 
(44
)
 
18

 
(26
)
 
 
Total Pension and OPEB Plans
 
(12
)
 
5

 
(7
)
 
(36
)
 
15

 
(21
)
 
 
Available-for-Sale Securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Realized Gains
 
Other Income
 
12

 
(5
)
 
7

 
37

 
(18
)
 
19

 
 
Realized Losses
 
Other Deductions
 
(4
)
 
2

 
(2
)
 
(26
)
 
13

 
(13
)
 
 
OTTI
 
OTTI
 
(5
)
 
2

 
(3
)
 
(25
)
 
12

 
(13
)
 
 
Total Available-for-Sale Securities
 
3

 
(1
)
 
2

 
(14
)
 
7

 
(7
)
 
 
Total
 
 
 
$
(9
)
 
$
4

 
$
(5
)
 
$
(50
)
 
$
22

 
$
(28
)