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Fair Value Measurements (Changes In Level 3 Assets And (Liabilities) Measured At Fair Value On A Recurring Basis) (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Settlements   $ (3)   $ (28)
Net Derivative Assets (Liabilities) [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Opening Balance $ 4 6 $ 7 1
Included in Income (4) [1] 3 8 [1] (29) [1]
Included in Regulatory Assets/Liabilities [2] 0 0 0 5
Purchases, (Sales) 0 0 0 0
Issuances (Settlements) [3] (1) (3) 0 (28)
Transfers In (Out) [4] 0 0 0 (1)
Closing Balance (1) 6 (1) 6
Net Derivative Assets (Liabilities) [Member] | Power [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Opening Balance 4 6 7 6
Included in Income (4) [1] 3 8 [1] (29) [1]
Included in Regulatory Assets/Liabilities [2] 0 0 0 0
Purchases, (Sales) 0 0 0 0
Issuances (Settlements) [3] (1) (3) 0 (28)
Transfers In (Out) [4] 0 0 0 (1)
Closing Balance (1) 6 (1) 6
Net Derivative Assets (Liabilities) [Member] | PSE And G [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Opening Balance   0   (5)
Included in Income   0   0 [1]
Included in Regulatory Assets/Liabilities [2]   0   5
Purchases, (Sales)   0   0
Issuances (Settlements) [3]   0   0
Transfers In (Out) [4]   0   0
Closing Balance   0   0
Operating Revenues [Member] | Power [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Gains and losses attributable to changes in net derivative assets and liabilities, included in Operating Income   5   22
Gains and losses attributable to changes in net derivative assets and liabilities, unrealized (8)   (7) (2)
Energy Costs [Member] | Power [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Gains and losses attributable to changes in net derivative assets and liabilities, included in Operating Income 5 $ (2) (1) 7
Gains and losses attributable to changes in net derivative assets and liabilities, unrealized $ 4   $ (1) $ 3
[1] PSEG’s and Power’s gains(losses) attributable to changes in net derivative assets and liabilities for the three months and nine months ended September 30, 2018 include $(8) million and $(7) million, respectively, in Operating Revenues and $4 million and $(1) million, respectively, in Energy Costs. Both the $(8) million and $(7) million in Operating Revenues are unrealized. Of the $4 million and $(1) million in Energy Costs, $5 million and $(1) million are unrealized. Unrealized gains (losses) represent the change in derivative assets and liabilities still held at the end of the reporting period.
[2] Mainly includes gains/losses on PSE&G’s derivative contracts that are not included in either earnings or Accumulated Other Comprehensive Income, as they are deferred as a Regulatory Asset/Liability and are expected to be recovered from/returned to PSE&G’s customers.
[3] Represents settlements of $(1) million for the three months ended September 30, 2018. Represents settlements of $(3) million and $(28) million for the three months and nine months ended September 30, 2017, respectively.
[4] During the three months and nine months ended September 30, 2018, there were no transfers into or out of Level 3. During the nine months ended September 30, 2017, $(1) million of net derivatives were transferred from Level 2 to Level 3.