Financial Information By Business Segments

6 Months Ended

Jun. 30, 2019

Segment Reporting Information [Line Items]

Financial Information By Business Segments

Financial Information by Business Segment




	PSE&G		PSEG Power			Other (A)			Eliminations (B)			Consolidated Total
	Millions
Three Months Ended June 30, 2019
Total Operating Revenues	$	1,382	$	1,083		$	87		$	(236	)	$	2,316
Net Income (Loss) (C)	227		(40		)	(34		)	—			153
Gross Additions to Long-Lived Assets	633		172			4			—			809
Six Months Ended June 30, 2019
Operating Revenues	$	3,414	$	2,499		$	228		$	(845	)	$	5,296
Net Income (Loss) (C)	630		256			(33		)	—			853
Gross Additions to Long-Lived Assets	1,258		339			7			—			1,604
Three Months Ended June 30, 2018
Total Operating Revenues	$	1,386	$	767		$	123		$	(260	)	$	2,016
Net Income (Loss)	231		41			(3		)	—			269
Gross Additions to Long-Lived Assets	697		248			7			—			952
Six Months Ended June 30, 2018
Operating Revenues	$	3,231	$	2,170		$	270		$	(837	)	$	4,834
Net Income (Loss)	550		275			2			—			827
Gross Additions to Long-Lived Assets	1,447		547			11			—			2,005
As of June 30, 2019
Total Assets	$	32,185	$	12,704		$	2,405		$	(1,014	)	$	46,280
Investments in Equity Method Subsidiaries	$	—	$	88		$	—		$	—		$	88
As of December 31, 2018
Total Assets	$	31,109	$	12,594		$	2,604		$	(981	)	$	45,326
Investments in Equity Method Subsidiaries	$	—	$	86		$	—		$	—		$	86


(A)	Includes amounts applicable to Energy Holdings and PSEG LI, which are below the quantitative threshold for separate disclosure as reportable segments. Other also includes amounts applicable to PSEG (parent corporation) and Services.


(B)	Intercompany eliminations primarily relate to intercompany transactions between PSE&G and PSEG Power. For a further discussion of the intercompany transactions between PSE&G and PSEG Power, see Note 20. Related-Party Transactions.

(C)

Includes an after-tax impairment charge of $284 million in the three and six months ended June 30, 2019 related to the anticipated sale of PSEG Power’s interests in the Keystone and Conemaugh fossil generation plants. See Note 4. Early Plant Retirements/Asset Dispositions for additional information.

Public Service Electric and Gas Company [Member]

Segment Reporting Information [Line Items]

Financial Information By Business Segments

Financial Information by Business Segment




	PSE&G		PSEG Power			Other (A)			Eliminations (B)			Consolidated Total
	Millions
Three Months Ended June 30, 2019
Total Operating Revenues	$	1,382	$	1,083		$	87		$	(236	)	$	2,316
Net Income (Loss) (C)	227		(40		)	(34		)	—			153
Gross Additions to Long-Lived Assets	633		172			4			—			809
Six Months Ended June 30, 2019
Operating Revenues	$	3,414	$	2,499		$	228		$	(845	)	$	5,296
Net Income (Loss) (C)	630		256			(33		)	—			853
Gross Additions to Long-Lived Assets	1,258		339			7			—			1,604
Three Months Ended June 30, 2018
Total Operating Revenues	$	1,386	$	767		$	123		$	(260	)	$	2,016
Net Income (Loss)	231		41			(3		)	—			269
Gross Additions to Long-Lived Assets	697		248			7			—			952
Six Months Ended June 30, 2018
Operating Revenues	$	3,231	$	2,170		$	270		$	(837	)	$	4,834
Net Income (Loss)	550		275			2			—			827
Gross Additions to Long-Lived Assets	1,447		547			11			—			2,005
As of June 30, 2019
Total Assets	$	32,185	$	12,704		$	2,405		$	(1,014	)	$	46,280
Investments in Equity Method Subsidiaries	$	—	$	88		$	—		$	—		$	88
As of December 31, 2018
Total Assets	$	31,109	$	12,594		$	2,604		$	(981	)	$	45,326
Investments in Equity Method Subsidiaries	$	—	$	86		$	—		$	—		$	86


(A)	Includes amounts applicable to Energy Holdings and PSEG LI, which are below the quantitative threshold for separate disclosure as reportable segments. Other also includes amounts applicable to PSEG (parent corporation) and Services.


(B)	Intercompany eliminations primarily relate to intercompany transactions between PSE&G and PSEG Power. For a further discussion of the intercompany transactions between PSE&G and PSEG Power, see Note 20. Related-Party Transactions.

(C)

PSEG Power [Member]

Segment Reporting Information [Line Items]

Financial Information By Business Segments

Financial Information by Business Segment




	PSE&G		PSEG Power			Other (A)			Eliminations (B)			Consolidated Total
	Millions
Three Months Ended June 30, 2019
Total Operating Revenues	$	1,382	$	1,083		$	87		$	(236	)	$	2,316
Net Income (Loss) (C)	227		(40		)	(34		)	—			153
Gross Additions to Long-Lived Assets	633		172			4			—			809
Six Months Ended June 30, 2019
Operating Revenues	$	3,414	$	2,499		$	228		$	(845	)	$	5,296
Net Income (Loss) (C)	630		256			(33		)	—			853
Gross Additions to Long-Lived Assets	1,258		339			7			—			1,604
Three Months Ended June 30, 2018
Total Operating Revenues	$	1,386	$	767		$	123		$	(260	)	$	2,016
Net Income (Loss)	231		41			(3		)	—			269
Gross Additions to Long-Lived Assets	697		248			7			—			952
Six Months Ended June 30, 2018
Operating Revenues	$	3,231	$	2,170		$	270		$	(837	)	$	4,834
Net Income (Loss)	550		275			2			—			827
Gross Additions to Long-Lived Assets	1,447		547			11			—			2,005
As of June 30, 2019
Total Assets	$	32,185	$	12,704		$	2,405		$	(1,014	)	$	46,280
Investments in Equity Method Subsidiaries	$	—	$	88		$	—		$	—		$	88
As of December 31, 2018
Total Assets	$	31,109	$	12,594		$	2,604		$	(981	)	$	45,326
Investments in Equity Method Subsidiaries	$	—	$	86		$	—		$	—		$	86


(A)	Includes amounts applicable to Energy Holdings and PSEG LI, which are below the quantitative threshold for separate disclosure as reportable segments. Other also includes amounts applicable to PSEG (parent corporation) and Services.


(B)	Intercompany eliminations primarily relate to intercompany transactions between PSE&G and PSEG Power. For a further discussion of the intercompany transactions between PSE&G and PSEG Power, see Note 20. Related-Party Transactions.

(C)