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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating Revenues $ 2,302 $ 2,394 $ 7,598 $ 7,228
Operating Expenses [Abstract]        
Energy Costs 753 804 2,581 2,356
Operation and Maintenance 745 742 2,251 2,221
Depreciation and Amortization 307 294 928 854
Loss on Asset Dispositions 7 0 402 0
Total Operating Expenses 1,812 1,840 6,162 5,431
OPERATING INCOME 490 554 1,436 1,797
Income from Equity Method Investments 3 5 10 12
Net Gains (Losses) on Trust Investments (3) 45 164 31
Other Income (Deductions) 35 33 101 99
Non-Operating Pension and OPEB Credits (Costs) 55 19 121 57
Interest Expense (147) (127) (417) (341)
Income Before Income Taxes 433 529 1,415 1,655
Income Tax Benefit (Expense) (30) (117) (159) (416)
Net Income $ 403 $ 412 $ 1,256 $ 1,239
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
BASIC (shares) 504 504 504 504
DILUTED (shares) 507 507 507 507
EARNINGS PER SHARE:        
BASIC (dollars per share) $ 0.80 $ 0.82 $ 2.49 $ 2.46
DILUTED (dollars per share) $ 0.79 $ 0.81 $ 2.47 $ 2.44
Public Service Electric and Gas Company [Member]        
Operating Revenues $ 1,604 $ 1,595 $ 5,018 $ 4,826
Operating Expenses [Abstract]        
Energy Costs 618 593 2,094 1,863
Operation and Maintenance 388 389 1,165 1,133
Depreciation and Amortization 206 192 620 569
Total Operating Expenses 1,212 1,174 3,879 3,565
OPERATING INCOME 392 421 1,139 1,261
Net Gains (Losses) on Trust Investments 0 0 1 0
Other Income (Deductions) 22 21 60 61
Non-Operating Pension and OPEB Credits (Costs) 46 14 105 44
Interest Expense (92) (83) (268) (246)
Income Before Income Taxes 368 373 1,037 1,120
Income Tax Benefit (Expense) (24) (95) (63) (292)
Net Income 344 278 974 828
PSEG Power [Member]        
Operating Revenues 771 868 3,270 3,038
Operating Expenses [Abstract]        
Energy Costs 359 431 1,556 1,550
Operation and Maintenance 233 231 736 745
Depreciation and Amortization 93 94 282 260
Loss on Asset Dispositions 7   402 0
Total Operating Expenses 692 756 2,976 2,555
OPERATING INCOME 79 112 294 483
Income from Equity Method Investments 3 5 10 12
Net Gains (Losses) on Trust Investments (4) 44 160 30
Other Income (Deductions) 15 14 43 38
Non-Operating Pension and OPEB Credits (Costs) 8 4 14 11
Interest Expense (34) (29) (85) (47)
Income Before Income Taxes 67 150 436 527
Income Tax Benefit (Expense) (14) (25) (127) (127)
Net Income $ 53 $ 125 $ 309 $ 400