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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 1,438 $ 1,574 $ 887
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 1,158 1,986 1,476
Amortization of Nuclear Fuel 187 199 203
Emission Allowances and Renewable Energy Credit Compliance Accrual 97 103 109
Impairment Costs for Early Plant Retirements 0 0 102
Provision for Deferred Income Taxes (Other than Leases) and ITC 568 (167) 474
Non-Cash Employee Benefit Plan Costs 70 89 127
Leveraged Lease Income, Adjusted for Rents Received and Deferred Taxes (149) (159) (6)
Gain on Sale of Hudson and Mercer (54) 0 0
Net (Gain) Loss on Lease Investments 5 48 92
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives 116 188 183
Net Change in Regulatory Assets and Liabilities (153) (188) (138)
Cost of Removal (160) (107) (131)
Net Realized (Gains) Losses and (Income) Expense from NDT Fund 98 (156) (26)
Net Change in Certain Current Assets and Liabilities:      
Margin Deposits (247) (90) (76)
Tax Receivable 17 65 303
Accrued Taxes (69) 16 3
Other Current Assets and Liabilities 70 (72) (179)
Employee Benefit Plan Funding and Related Payments (101) (81) (103)
Other 22 12 13
Net Cash Provided By (Used In) Operating Activities 2,913 3,260 3,313
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (3,912) (4,190) (4,199)
Purchase of Emissions Allowances and RECs (146) (117) (99)
Proceeds from Sale of Available-for-Sale Securities 1,501 2,319 824
Investments in Available-for-Sale Securities (1,473) (2,340) (856)
Other 114 72 82
Net Cash Provided By (Used In) Investing Activities (3,916) (4,256) (4,248)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net Change in Commercial Paper and Loans 474 154 24
Issuance of Long-Term Debt 2,750 2,175 2,675
Redemption of Long-Term Debt (1,350) (500) (824)
Cash Dividend Paid (910) (870) (830)
Other (77) (74) (79)
Net Cash Provided By (Used In) Financing Activities 887 885 966
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (116) (111) 31
Cash, Cash Equivalents and Restricted Cash, beginning 315 426 395
Cash, Cash Equivalents and Restricted Cash, ending 199 315 426
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) 99 (8) (245)
Interest Paid, Net of Amounts Capitalized 454 377 365
Accrued Property, Plant and Equipment Expenditures 517 722 664
PSE&G [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 1,067 973 889
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 770 685 565
Provision for Deferred Income Taxes (Other than Leases) and ITC 405 616 658
Non-Cash Employee Benefit Plan Costs 37 50 72
Net Change in Regulatory Assets and Liabilities (153) (188) (138)
Cost of Removal (160) (107) (131)
Net Change in Certain Current Assets and Liabilities:      
Accounts Receivable and Unbilled Revenues 65 (106) (84)
Fuel, Materials and Supplies 1 (13) (7)
Prepayments 14 (35) 22
Accounts Payable 64 1 (29)
Accounts Receivable/Payable-Affiliated Companies, net (139) 101 199
Other Current Assets and Liabilities 5 15 9
Employee Benefit Plan Funding and Related Payments (85) (68) (82)
Other (38) (86) (47)
Net Cash Provided By (Used In) Operating Activities 1,853 1,838 1,896
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (2,896) (2,919) (2,816)
Proceeds from Sale of Available-for-Sale Securities 20 36 22
Investments in Available-for-Sale Securities (22) (37) (24)
Solar Loan Investments (5) 7 14
Other 9 10 15
Net Cash Provided By (Used In) Investing Activities (2,894) (2,903) (2,789)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net Change in Commercial Paper and Loans 272 0 (153)
Issuance of Long-Term Debt 1,350 775 1,275
Redemption of Long-Term Debt (750) 0 (271)
Contributed Capital 0 150 250
Other (14) (9) (14)
Net Cash Provided By (Used In) Financing Activities 858 916 1,087
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (183) (149) 194
Cash, Cash Equivalents and Restricted Cash, beginning 244 393 199
Cash, Cash Equivalents and Restricted Cash, ending 61 244 393
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) 94 (104) (295)
Interest Paid, Net of Amounts Capitalized 318 294 273
Accrued Property, Plant and Equipment Expenditures 350 429 420
Power [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 365 479 18
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 354 1,268 881
Amortization of Nuclear Fuel 187 199 203
Emission Allowances and Renewable Energy Credit Compliance Accrual 97 103 109
Impairment Costs for Early Plant Retirements 0 0 102
Provision for Deferred Income Taxes (Other than Leases) and ITC 206 (807) (208)
Interest Accretion on Asset Retirement Obligation 41 30 26
Non-Cash Employee Benefit Plan Costs 23 28 39
Gain on Sale of Hudson and Mercer (54) 0 0
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives 116 188 183
Net Realized (Gains) Losses and (Income) Expense from NDT Fund 98 (156) (26)
Net Change in Certain Current Assets and Liabilities:      
Fuel, Materials and Supplies (39) 42 31
Margin Deposits (247) (90) (76)
Accounts Receivable 51 (45) (71)
Accounts Payable (13) 39 (22)
Accounts Receivable/Payable-Affiliated Companies, net (56) (2) 6
Other Current Assets and Liabilities (40) 10 10
Employee Benefit Plan Funding and Related Payments (9) (7) (13)
Other 4 47 63
Net Cash Provided By (Used In) Operating Activities 1,084 1,326 1,255
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (996) (1,231) (1,343)
Purchase of Emissions Allowances and RECs (146) (117) (99)
Proceeds from Sale of Available-for-Sale Securities 1,423 2,182 739
Investments in Available-for-Sale Securities (1,392) (2,199) (766)
Increase (Decrease) Due from Affiliates 0 (87) (276)
Other 60 46 46
Net Cash Provided By (Used In) Investing Activities (1,051) (1,232) (1,147)
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of Long-Term Debt 700 0 700
Redemption of Long-Term Debt (250) 0 (553)
Increase (Decrease) in Due to Affiliates (88) 281 0
Cash Dividend Paid (400) (350) (250)
Other (5) (4) (6)
Net Cash Provided By (Used In) Financing Activities (43) (73) (109)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (10) 21 (1)
Cash, Cash Equivalents and Restricted Cash, beginning 32 11 12
Cash, Cash Equivalents and Restricted Cash, ending 22 32 11
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) (92) 77 50
Interest Paid, Net of Amounts Capitalized 73 48 81
Accrued Property, Plant and Equipment Expenditures $ 167 $ 293 $ 244