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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 1,693 $ 1,438 $ 1,574
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 1,248 1,158 1,986
Amortization of Nuclear Fuel 178 187 199
Gain (Loss) on Disposition of Assets 402 (54) 0
Emission Allowances and Renewable Energy Credit Compliance Accrual 108 97 103
Provision for Deferred Income Taxes (Other than Leases) and ITC 180 568 (167)
Non-Cash Employee Benefit Plan Costs (48) 70 89
Leveraged Lease Income, Adjusted for Rents Received and Deferred Taxes (14) (149) (159)
Net (Gain) Loss on Lease Investments 32 5 48
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives (290) 116 188
Net Change in Regulatory Assets and Liabilities 25 (153) (188)
Cost of Removal (108) (160) (107)
Net Realized (Gains) Losses and (Income) Expense from NDT Fund (296) 98 (156)
Net Change in Certain Current Assets and Liabilities:      
Margin Deposits 349 (247) (90)
Tax Receivable 77 17 65
Accrued Taxes (9) (69) 16
Other Current Assets and Liabilities (145) 70 (72)
Employee Benefit Plan Funding and Related Payments (39) (101) (81)
Other 36 22 12
Net Cash Provided By (Used In) Operating Activities 3,379 2,913 3,260
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (3,166) (3,912) (4,190)
Purchase of Emissions Allowances and RECs (98) (146) (117)
Proceeds from Sale of Available-for-Sale Securities 1,787 1,501 2,319
Investments in Available-for-Sale Securities (1,814) (1,473) (2,340)
Other 146 114 72
Net Cash Provided By (Used In) Investing Activities (3,145) (3,916) (4,256)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net Change in Commercial Paper and Loans 99 474 154
Issuance of Long-Term Debt 1,900 2,750 2,175
Redemption of Long-Term Debt (1,250) (1,350) (500)
Cash Dividend Paid (950) (910) (870)
Other (56) (77) (74)
Net Cash Provided By (Used In) Financing Activities (257) 887 885
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (23) (116) (111)
Cash, Cash Equivalents and Restricted Cash, beginning 199 315 426
Cash, Cash Equivalents and Restricted Cash, ending 176 199 315
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) 41 99 (8)
Interest Paid, Net of Amounts Capitalized 539 454 377
Accrued Property, Plant and Equipment Expenditures 499 517 722
Public Service Electric and Gas Company      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 1,250 1,067 973
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 837 770 685
Depreciation and Amortization     685
Provision for Deferred Income Taxes (Other than Leases) and ITC (28) 405 616
Non-Cash Employee Benefit Plan Costs (62) 37 50
Net Change in Regulatory Assets and Liabilities 25 (153) (188)
Cost of Removal (108) (160) (107)
Net Change in Certain Current Assets and Liabilities:      
Accounts Receivable and Unbilled Revenues (18) 65 (106)
Fuel, Materials and Supplies (14) 1 (13)
Prepayments (9) 14 (35)
Accounts Payable (59) 64 1
Accounts Receivable/Payable-Affiliated Companies, net 203 (139) 101
Other Current Assets and Liabilities 62 5 15
Employee Benefit Plan Funding and Related Payments (21) (85) (68)
Other (23) (38) (86)
Net Cash Provided By (Used In) Operating Activities 2,035 1,853 1,838
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (2,542) (2,896) (2,919)
Proceeds from Sale of Available-for-Sale Securities 36 20 36
Investments in Available-for-Sale Securities (34) (22) (37)
Solar Loan Investments 8 (5) 7
Other 10 9 10
Net Cash Provided By (Used In) Investing Activities (2,522) (2,894) (2,903)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net Change in Commercial Paper and Loans 90 272 0
Issuance of Long-Term Debt 1,150 1,350 775
Redemption of Long-Term Debt (500) (750) 0
Contributed Capital 0 0 150
Cash Dividend Paid (250) 0 0
Other (14) (14) (9)
Net Cash Provided By (Used In) Financing Activities 476 858 916
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (11) (183) (149)
Cash, Cash Equivalents and Restricted Cash, beginning 61 244 393
Cash, Cash Equivalents and Restricted Cash, ending 50 61 244
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) (48) 94 (104)
Interest Paid, Net of Amounts Capitalized 343 318 294
Accrued Property, Plant and Equipment Expenditures 335 350 429
PSEG Power LLC      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 468 365 479
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 377 354 1,268
Depreciation and Amortization     1,268
Amortization of Nuclear Fuel 178 187 199
Gain (Loss) on Disposition of Assets 402 (54) 0
Emission Allowances and Renewable Energy Credit Compliance Accrual 108 97 103
Provision for Deferred Income Taxes (Other than Leases) and ITC 248 206 (807)
Interest Accretion on Asset Retirement Obligation 40 41 30
Non-Cash Employee Benefit Plan Costs 7 23 28
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives (290) 116 188
Net Realized (Gains) Losses and (Income) Expense from NDT Fund (296) 98 (156)
Net Change in Certain Current Assets and Liabilities:      
Fuel, Materials and Supplies (1) (39) 42
Margin Deposits 349 (247) (90)
Accounts Receivable (32) 51 (45)
Accounts Payable 5 (13) 39
Accounts Receivable/Payable-Affiliated Companies, net (112) (56) (2)
Other Current Assets and Liabilities 14 (40) 10
Employee Benefit Plan Funding and Related Payments (11) (9) (7)
Other 25 4 47
Net Cash Provided By (Used In) Operating Activities 1,479 1,084 1,326
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (607) (996) (1,231)
Purchase of Emissions Allowances and RECs (98) (146) (117)
Proceeds from Sale of Available-for-Sale Securities 1,658 1,423 2,182
Investments in Available-for-Sale Securities (1,685) (1,392) (2,199)
Increase (Decrease) Due from Affiliates 149 0 (87)
Other 120 60 46
Net Cash Provided By (Used In) Investing Activities (761) (1,051) (1,232)
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of Long-Term Debt 0 700 0
Redemption of Long-Term Debt 0 (250) 0
Increase (Decrease) in Due to Affiliates (193) (88) 281
Cash Dividend Paid (525) (400) (350)
Other (1) (5) (4)
Net Cash Provided By (Used In) Financing Activities (719) (43) (73)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (1) (10) 21
Cash, Cash Equivalents and Restricted Cash, beginning 22 32 11
Cash, Cash Equivalents and Restricted Cash, ending 21 22 32
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) (41) (92) 77
Interest Paid, Net of Amounts Capitalized 113 73 48
Accrued Property, Plant and Equipment Expenditures $ 164 $ 167 $ 293