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Pension and OPEB (Tables)
 3 Months Ended
Mar. 31, 2018
Retirement Benefits [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. Amounts shown do not reflect the impacts of capitalization. Effective with the adoption of ASU 2017-07 on January 1, 2018, only the service cost component is eligible for capitalization, when applicable. For additional information, see Note 2. Recent Accounting Standards.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
OPEB
 
 
 
 
Three Months Ended
 
Three Months Ended
 
 
 
 
March 31,
 
March 31,
 
 
 
 
2018
 
2017
 
2018
 
2017
 
 
 
Millions
 
 
Components of Net Periodic Benefit (Credits) Costs
 
 
 
 
 
 
 
 
 
 
Service Cost (included in O&M Expense)
 
$
32

 
$
29

 
$
4

 
$
4

 
 
Non-Operating Pension and OPEB (Credits) Costs
 
 
 
 
 
 
 
 
 
 
Interest Cost
 
52

 
51

 
16

 
16

 
 
Expected Return on Plan Assets
 
(110
)
 
(98
)
 
(10
)
 
(8
)
 
 
Amortization of Net
 
 
 
 
 
 
 
 
 
 
Prior Service Cost
 
(4
)
 
(5
)
 
—

 
(3
)
 
 
Actuarial Loss
 
21

 
24

 
16

 
13

 
 
Non-Operating Pension and OPEB (Credits) Costs
 
(41
)
 
(28
)
 
22

 
18

 
 
Total Benefit (Credits) Costs
 
$
(9
)
 
$
1

 
$
26

 
$
22

 
 
 
 
 
 
 
 
 
 
 
 
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
 
 
 
 
Three Months Ended
 
Three Months Ended
 
 
 
 
March 31,
 
March 31,
 
 
 
 
2018
 
2017
 
2018
 
2017
 
 
 
Millions
 
 
PSE&G
 
$
(8
)
 
$
(1
)
 
$
17

 
$
14

 
 
Power
 
(2
)
 
—

 
8

 
7

 
 
Other
 
1

 
2

 
1

 
1

 
 
Total Benefit (Credits) Costs
 
$
(9
)
 
$
1

 
$
26

 
$
22