XML 27 R38.htm IDEA: XBRL DOCUMENT v3.20.1
Pension and OPEB (Tables)
 3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Components Of Net Periodic Benefit Cost
The following table provides the components of net periodic benefit costs relating to all qualified and nonqualified pension and OPEB plans on an aggregate basis for PSEG, excluding Servco. Amounts shown do not reflect the impacts of capitalization and co-owner allocations. Only the service cost component is eligible for capitalization, when applicable.
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
OPEB
 
 
 
Three Months Ended
 
Three Months Ended
 
 
 
March 31,
 
March 31,
 
 
 
2020
 
2019
 
2020
 
2019
 
 
 
Millions
 
 
Components of Net Periodic Benefit (Credits) Costs
 
 
 
 
 
 
 
 
 
Service Cost (included in O&M Expense)
$
35

 
$
29

 
$
2

 
$
2

 
 
Non-Service Components of Pension and OPEB (Credits) Costs
 
 
 
 
 
 
 
 
 
Interest Cost
48

 
58

 
9

 
11

 
 
Expected Return on Plan Assets
(111
)
 
(97
)
 
(10
)
 
(9
)
 
 
Amortization of Net
 
 
 
 
 
 
 
 
 
Prior Service Credit
(2
)
 
(5
)
 
(32
)
 
(32
)
 
 
Actuarial Loss
23

 
27

 
12

 
13

 
 
Non-Service Components of Pension and OPEB (Credits) Costs
(42
)
 
(17
)
 
(21
)
 
(17
)
 
 
Total Benefit (Credits) Costs
$
(7
)
 
$
12

 
$
(19
)
 
$
(15
)
 
 
 
 
 
 
 
 
 
 
 
Schedule Of Pension And OPEB Costs
Pension and OPEB costs for PSE&G, PSEG Power and PSEG’s other subsidiaries, excluding Servco, are detailed as follows:
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
OPEB
 
 
 
Three Months Ended
 
Three Months Ended
 
 
 
March 31,
 
March 31,
 
 
 
2020
 
2019
 
2020
 
2019
 
 
 
Millions
 
 
PSE&G
$
(7
)
 
$
7

 
$
(19
)
 
$
(16
)
 
 
PSEG Power
(1
)
 
3

 
—

 
1

 
 
Other
1

 
2

 
—

 
—

 
 
Total Benefit (Credits) Costs
$
(7
)
 
$
12

 
$
(19
)
 
$
(15
)