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Financing Receivables (Tables)
12 Months Ended
Dec. 31, 2019
Public Service Electric and Gas Company  
Financing Receivable, Recorded Investment [Line Items]  
Schedule Of Credit Risk Profile Based On Payment Activity
 
 
 
 
 
 
 
 
Outstanding Loans by Class of Customer
 
 
 
 
As of December 31,
 
 
Consumer Loans
 
2019
 
2018
 
 
 
 
Millions
 
 
Commercial/Industrial
 
$
156

 
$
164

 
 
Residential
 
8

 
9

 
 
Total
 
$
164

 
$
173

 
 
Current Portion (included in Accounts Receivable)
 
(28
)
 
(24
)
 
 
Noncurrent Portion (included in Long-Term Investments)
 
$
136

 
$
149

 
 
 
 
 
 
 
 

Energy Holdings [Member]  
Financing Receivable, Recorded Investment [Line Items]  
Schedule Of Lease Receivables, Net Of Nonrecourse Debt, Associated With Leveraged Lease Portfolio Based On Counterparty Credit Rating
The corresponding receivables associated with the lease portfolio are reflected as follows, net of non-recourse debt. The ratings in the table represent the ratings of the entities providing payment assurance to Energy Holdings.
 
 
 
 
 
 
  
 
Lease Receivables, Net of
Non-Recourse Debt
 
 
Counterparties’ Credit Rating Standard & Poor’s (S&P) as of December 31, 2019
 
As of December 31, 2019
 
 
 
 
Millions
 
 
AA
 
$
12

 
 
A-
 
58

 
 
BBB+ — BBB
 
258

 
 
BB
 
132

 
 
NR
 
38

 
 
Total
 
$
498

 
 
 
 
 
 

Schedule Of Assets Under Lease Receivables
The “BB” and the “NR” ratings in the preceding table represent lease receivables related to coal and gas-fired assets in Illinois and Pennsylvania, respectively. As of December 31, 2019, the gross investment in the leases of such assets, net of non-recourse debt, was $235 million ($(22) million, net of deferred taxes). A more detailed description of such assets under lease follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset
 
Location
 
Gross
Investment
 
 %
Owned
 
Total MW
 
Fuel
Type
 
Counterparties’
S&P Credit
Ratings
 
Counterparty
 
 
 
 
 
 
Millions
 
 
 
 
 
 
 
 
 
 
 
 
Powerton Station Units 5 and 6
 
IL
 
$
75

 
64
%
 
1,538

 
Coal
 
BB
 
NRG Energy, Inc.
 
 
Joliet Station Units 7 and 8
 
IL
 
$
85

 
64
%
 
1,036

 
Gas
 
BB
 
NRG Energy, Inc.
 
 
Shawville Station Units 1, 2, 3 and 4
 
PA
 
$
75

 
100
%
 
596

 
Gas
 
NR
 
REMA (A)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(A)
REMA emerged from Chapter 11 of the U.S. Bankruptcy Code in December 2018. For additional information, see Note 9. Long-Term Investments.