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Guarantees of Debt (Tables)
 6 Months Ended
Jun. 30, 2019
PSEG Power [Member]  
Debt Instrument [Line Items]  
Schedule Of Financial Statements Of Guarantors The following tables present condensed financial information for the guarantor subsidiaries, as well as PSEG Power’s non-guarantor subsidiaries, as of June 30, 2019 and December 31, 2018 and for the three months and six months ended June 30, 2019 and 2018.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Total
 
 
 
Millions
 
 
Three Months Ended June 30, 2019
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
1,063

 
$
66

 
$
(46
)
 
$
1,083

 
 
Operating Expenses
2

 
1,148

 
65

 
(46
)
 
1,169

 
 
Operating Income (Loss)
(2
)
 
(85
)
 
1

 
—

 
(86
)
 
 
Equity Earnings (Losses) of Subsidiaries
(15
)
 
(10
)
 
5

 
25

 
5

 
 
 Net Gains (Losses) on Trust Investments
—

 
38

 
—

 
—

 
38

 
 
Other Income (Deductions)
45

 
58

 
—

 
(88
)
 
15

 
 
Non-Operating Pension and OPEB Credits (Costs)
—

 
3

 
—

 
—

 
3

 
 
Interest Expense
(78
)
 
(24
)
 
(12
)
 
88

 
(26
)
 
 
Income Tax Benefit (Expense)
10

 
(1
)
 
2

 
—

 
11

 
 
Net Income (Loss)
$
(40
)
 
$
(21
)
 
$
(4
)
 
$
25

 
$
(40
)
 
 
Comprehensive Income (Loss)
$
(22
)
 
$
(8
)
 
$
(4
)
 
$
12

 
$
(22
)
 
 
Six Months Ended June 30, 2019
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
2,464

 
$
122

 
$
(87
)
 
$
2,499

 
 
Operating Expenses
3

 
2,242

 
126

 
(87
)
 
2,284

 
 
Operating Income (Loss)
(3
)
 
222

 
(4
)
 
—

 
215

 
 
Equity Earnings (Losses) of Subsidiaries
294

 
(18
)
 
7

 
(276
)
 
7

 
 
Net Gains (Losses) on Trust Investments
1

 
163

 
—

 
—

 
164

 
 
Other Income (Deductions)
92

 
113

 
—

 
(177
)
 
28

 
 
Non-Operating Pension and OPEB Credits (Costs)
—

 
6

 
—

 
—

 
6

 
 
Interest Expense
(153
)
 
(55
)
 
(20
)
 
177

 
(51
)
 
 
Income Tax Benefit (Expense)
25

 
(145
)
 
7

 
—

 
(113
)
 
 
Net Income (Loss)
$
256

 
$
286

 
$
(10
)
 
$
(276
)
 
$
256

 
 
Comprehensive Income (Loss)
$
290

 
$
314

 
$
(10
)
 
$
(304
)
 
$
290

 
 
Six Months Ended June 30, 2019
 
 
 
 
 
 
 
 
 
 
 
Net Cash Provided By (Used In)
   Operating Activities
$
(66
)
 
$
1,213

 
$
81

 
$
(78
)
 
$
1,150

 
 
Net Cash Provided By (Used In)
   Investing Activities
$
(445
)
 
$
(1,100
)
 
$
(220
)
 
$
1,051

 
$
(714
)
 
 
Net Cash Provided By (Used In)
   Financing Activities
$
511

 
$
(116
)
 
$
134

 
$
(973
)
 
$
(444
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Total
 
 
 
Millions
 
 
Three Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
747

 
$
51

 
$
(31
)
 
$
767

 
 
Operating Expenses
3

 
704

 
49

 
(31
)
 
725

 
 
Operating Income (Loss)
(3
)
 
43

 
2

 
—

 
42

 
 
Equity Earnings (Losses) of Subsidiaries
55

 
(4
)
 
5

 
(51
)
 
5

 
 
 Net Gains (Losses) on Trust Investments
—

 
8

 
—

 
—

 
8

 
 
Other Income (Deductions)
41

 
40

 
—

 
(68
)
 
13

 
 
Non-Operating Pension and OPEB Credits (Costs)
—

 
2

 
1

 
—

 
3

 
 
Interest Expense
(54
)
 
(19
)
 
(6
)
 
68

 
(11
)
 
 
Income Tax Benefit (Expense)
2

 
(23
)
 
2

 
—

 
(19
)
 
 
Net Income (Loss)
$
41

 
$
47

 
$
4

 
$
(51
)
 
$
41

 
 
Comprehensive Income (Loss)
$
43

 
$
44

 
$
4

 
$
(48
)
 
$
43

 
 
Six Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
2,133

 
$
102

 
$
(65
)
 
$
2,170

 
 
Operating Expenses
3

 
1,760

 
101

 
(65
)
 
1,799

 
 
Operating Income (Loss)
(3
)
 
373

 
1

 
—

 
371

 
 
Equity Earnings (Losses) of Subsidiaries
289

 
(7
)
 
7

 
(282
)
 
7

 
 
 Net Gains (Losses) on Trust Investments
—

 
(14
)
 
—

 
—

 
(14
)
 
 
Other Income (Deductions)
76

 
73

 
—

 
(125
)
 
24

 
 
Non-Operating Pension and OPEB Credits (Costs)
—

 
6

 
1

 
—

 
7

 
 
Interest Expense
(96
)
 
(36
)
 
(11
)
 
125

 
(18
)
 
 
Income Tax Benefit (Expense)
9

 
(115
)
 
4

 
—

 
(102
)
 
 
Net Income (Loss)
$
275

 
$
280

 
$
2

 
$
(282
)
 
$
275

 
 
Comprehensive Income (Loss)
$
272

 
$
267

 
$
2

 
$
(269
)
 
$
272

 
 
Six Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
 
Net Cash Provided By (Used In)
   Operating Activities
$
34

 
$
745

 
$
(8
)
 
$
98

 
$
869

 
 
Net Cash Provided By (Used In)
   Investing Activities
$
(840
)
 
$
(867
)
 
$
(196
)
 
$
808

 
$
(1,095
)
 
 
Net Cash Provided By (Used In)
   Financing Activities
$
806

 
$
123

 
$
191

 
$
(906
)
 
$
214

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PSEG Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Total
 
 
 
Millions
 
 
As of June 30, 2019
 
 
 
 
 
 
 
 
 
 
 
Current Assets
$
4,804

 
$
1,964

 
$
315

 
$
(5,516
)
 
$
1,567

 
 
Property, Plant and Equipment, net
46

 
4,452

 
3,971

 
—

 
8,469

 
 
Investment in Subsidiaries
5,279

 
1,090

 
—

 
(6,369
)
 
—

 
 
Noncurrent Assets
281

 
2,510

 
138

 
(261
)
 
2,668

 
 
Total Assets
$
10,410

 
$
10,016

 
$
4,424

 
$
(12,146
)
 
$
12,704

 
 
Current Liabilities
$
1,438

 
$
2,936

 
$
2,167

 
$
(5,516
)
 
$
1,025

 
 
Noncurrent Liabilities
539

 
2,143

 
827

 
(261
)
 
3,248

 
 
Long-Term Debt
2,431

 
—

 
—

 
—

 
2,431

 
 
Member’s Equity
6,002

 
4,937

 
1,430

 
(6,369
)
 
6,000

 
 
Total Liabilities and Member’s Equity
$
10,410

 
$
10,016

 
$
4,424

 
$
(12,146
)
 
$
12,704

 
 
As of December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
Current Assets
$
4,317

 
$
1,479

 
$
304

 
$
(4,593
)
 
$
1,507

 
 
Property, Plant and Equipment, net
49

 
4,971

 
3,822

 
—

 
8,842

 
 
Investment in Subsidiaries
5,062

 
1,107

 
—

 
(6,169
)
 
—

 
 
Noncurrent Assets
273

 
2,109

 
101

 
(238
)
 
2,245

 
 
Total Assets
$
9,701

 
$
9,666

 
$
4,227

 
$
(11,000
)
 
$
12,594

 
 
Current Liabilities
$
437

 
$
2,971

 
$
2,027

 
$
(4,593
)
 
$
842

 
 
Noncurrent Liabilities
513

 
1,996

 
730

 
(238
)
 
3,001

 
 
Long-Term Debt
2,791

 
—

 
—

 
—

 
2,791

 
 
Member’s Equity
5,960

 
4,699

 
1,470

 
(6,169
)
 
5,960

 
 
Total Liabilities and Member’s Equity
$
9,701

 
$
9,666

 
$
4,227

 
$
(11,000
)
 
$
12,594