Financial Information By Business Segments

9 Months Ended

Sep. 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 September 30, 2019
Total Operating Revenues	$	1,604	$	771	$	151		$	(224	)	$	2,302
Net Income (Loss)	344		53		6			—			403
Gross Additions to Long-Lived Assets	608		168		3			—			779
Nine Months Ended September 30, 2019
Operating Revenues	$	5,018	$	3,270	$	379		$	(1,069	)	$	7,598
Net Income (Loss) (C)	974		309		(27		)	—			1,256
Gross Additions to Long-Lived Assets	1,866		507		10			—			2,383
Three Months Ended September 30, 2018
Total Operating Revenues	$	1,595	$	868	$	151		$	(220	)	$	2,394
Net Income (Loss)	278		125		9			—			412
Gross Additions to Long-Lived Assets	766		253		4			—			1,023
Nine Months Ended September 30, 2018
Operating Revenues	$	4,826	$	3,038	$	421		$	(1,057	)	$	7,228
Net Income (Loss)	828		400		11			—			1,239
Gross Additions to Long-Lived Assets	2,213		800		15			—			3,028
As of September 30, 2019
Total Assets	$	32,652	$	12,553	$	2,384		$	(774	)	$	46,815
Investments in Equity Method Subsidiaries	$	—	$	67	$	—		$	—		$	67
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 company) 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 loss of $286 million in the nine months ended September 30, 2019 related to the sale of PSEG Power’s ownership interests in the Keystone and Conemaugh 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 September 30, 2019
Total Operating Revenues	$	1,604	$	771	$	151		$	(224	)	$	2,302
Net Income (Loss)	344		53		6			—			403
Gross Additions to Long-Lived Assets	608		168		3			—			779
Nine Months Ended September 30, 2019
Operating Revenues	$	5,018	$	3,270	$	379		$	(1,069	)	$	7,598
Net Income (Loss) (C)	974		309		(27		)	—			1,256
Gross Additions to Long-Lived Assets	1,866		507		10			—			2,383
Three Months Ended September 30, 2018
Total Operating Revenues	$	1,595	$	868	$	151		$	(220	)	$	2,394
Net Income (Loss)	278		125		9			—			412
Gross Additions to Long-Lived Assets	766		253		4			—			1,023
Nine Months Ended September 30, 2018
Operating Revenues	$	4,826	$	3,038	$	421		$	(1,057	)	$	7,228
Net Income (Loss)	828		400		11			—			1,239
Gross Additions to Long-Lived Assets	2,213		800		15			—			3,028
As of September 30, 2019
Total Assets	$	32,652	$	12,553	$	2,384		$	(774	)	$	46,815
Investments in Equity Method Subsidiaries	$	—	$	67	$	—		$	—		$	67
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 company) 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 September 30, 2019
Total Operating Revenues	$	1,604	$	771	$	151		$	(224	)	$	2,302
Net Income (Loss)	344		53		6			—			403
Gross Additions to Long-Lived Assets	608		168		3			—			779
Nine Months Ended September 30, 2019
Operating Revenues	$	5,018	$	3,270	$	379		$	(1,069	)	$	7,598
Net Income (Loss) (C)	974		309		(27		)	—			1,256
Gross Additions to Long-Lived Assets	1,866		507		10			—			2,383
Three Months Ended September 30, 2018
Total Operating Revenues	$	1,595	$	868	$	151		$	(220	)	$	2,394
Net Income (Loss)	278		125		9			—			412
Gross Additions to Long-Lived Assets	766		253		4			—			1,023
Nine Months Ended September 30, 2018
Operating Revenues	$	4,826	$	3,038	$	421		$	(1,057	)	$	7,228
Net Income (Loss)	828		400		11			—			1,239
Gross Additions to Long-Lived Assets	2,213		800		15			—			3,028
As of September 30, 2019
Total Assets	$	32,652	$	12,553	$	2,384		$	(774	)	$	46,815
Investments in Equity Method Subsidiaries	$	—	$	67	$	—		$	—		$	67
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 company) 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)