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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 448 $ 700
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 324 314
Amortization of Nuclear Fuel 47 47
Emission Allowances and Renewable Energy Credit Compliance Accrual 33 24
Provision for Deferred Income Taxes and ITC 18 102
Non-Cash Employee Benefit Plan (Credits) Costs (26) (3)
Leveraged Lease (Income) Loss, Adjusted for Rents Received and Deferred Taxes 18 (1)
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives (106) (109)
Cost of Removal (24) (30)
Net Change in Regulatory Assets and Liabilities (80) 69
Net Realized (Gains) Losses and (Income) Expense from NDT Fund 209 (137)
Net Change in Certain Current Assets and Liabilities:    
Tax Receivable 16 77
Accrued Taxes 71 26
Margin Deposit 55 190
Other Current Assets and Liabilities 120 (67)
Employee Benefit Plan Funding and Related Payments 10 (14)
Other 20 30
Net Cash Provided By (Used In) Operating Activities 1,153 1,218
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (720) (795)
Purchase of Emissions Allowances and RECs (29) (21)
Proceeds from Sale of Available-for-Sale Securities 609 497
Investments in Available-for-Sale Securities (619) (507)
Other 35 10
Net Cash Provided By (Used In) Investing Activities (724) (816)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans (353) 135
Proceeds from Short-Term Loan 300 0
Proceeds from Issuance of Other Long-term Debt 600 0
Redemption of Long-term Debt 0 (350)
Cash Dividends Paid on Common Stock (248) (238)
Other (62) (52)
Net Cash Provided By (Used In) Financing Activities 237 (505)
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash 666 (103)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 176 199
Cash, Cash Equivalents and Restricted Cash at End of Period 842 96
Supplemental Disclosure of Cash Flow Information:    
Income Taxes Paid (Received) (14) (76)
Interest Paid, Net of Amounts Capitalized 91 91
Accrued Property, Plant and Equipment Expenditures 378 456
Public Service Electric and Gas Company [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income 440 403
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 222 212
Provision for Deferred Income Taxes and ITC 53 (12)
Non-Cash Employee Benefit Plan (Credits) Costs (26) (9)
Cost of Removal (24) (30)
Net Change in Regulatory Assets and Liabilities (80) 69
Net Change in Certain Current Assets and Liabilities:    
Accounts Receivable and Unbilled Revenues 20 (119)
Fuel, Materials and Supplies 0 (5)
Prepayments 12 3
Accounts Payable (45) (108)
Accounts Receivable/Payable-Affiliated Companies, net 14 87
Other Current Assets and Liabilities 48 35
Employee Benefit Plan Funding and Related Payments 12 (10)
Other (11) 4
Net Cash Provided By (Used In) Operating Activities 635 520
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (620) (625)
Proceeds from Sale of Available-for-Sale Securities 10 10
Investments in Available-for-Sale Securities (10) (9)
Solar Loan Investments 2 (5)
Other 2 2
Net Cash Provided By (Used In) Investing Activities (616) (627)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans (362) 92
Proceeds from Issuance of Other Long-term Debt 600 0
Cash Dividends Paid on Common Stock (175) 0
Other (6) 0
Net Cash Provided By (Used In) Financing Activities 57 92
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash 76 (15)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 50 61
Cash, Cash Equivalents and Restricted Cash at End of Period 126 46
Supplemental Disclosure of Cash Flow Information:    
Income Taxes Paid (Received) 11 (94)
Interest Paid, Net of Amounts Capitalized 74 73
Accrued Property, Plant and Equipment Expenditures 262 273
PSEG Power [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income 13 296
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 94 94
Amortization of Nuclear Fuel 47 47
Emission Allowances and Renewable Energy Credit Compliance Accrual 33 24
Provision for Deferred Income Taxes and ITC (52) 121
Non-Cash Employee Benefit Plan (Credits) Costs 0 4
Interest Accretion on Asset Retirement Obligations 10 10
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives (106) (109)
Net Realized (Gains) Losses and (Income) Expense from NDT Fund 209 (137)
Net Change in Certain Current Assets and Liabilities:    
Fuel, Materials and Supplies 102 189
Margin Deposit 55 190
Accounts Receivable 20 34
Accounts Payable (44) (57)
Accounts Receivable/Payable-Affiliated Companies, net 68 (22)
Other Current Assets and Liabilities 21 37
Employee Benefit Plan Funding and Related Payments (1) (3)
Other 15 8
Net Cash Provided By (Used In) Operating Activities 484 726
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (97) (167)
Purchase of Emissions Allowances and RECs (29) (21)
Proceeds from Sale of Available-for-Sale Securities 569 463
Investments in Available-for-Sale Securities (579) (475)
Short-Term Loan-Affiliated Company 365 87
Other 11 11
Net Cash Provided By (Used In) Investing Activities (490) (276)
CASH FLOWS FROM FINANCING ACTIVITIES    
Cash Dividends Paid on Common Stock 0 (250)
Short-Term Loan-Affiliated Company 0 (193)
Other (1) (1)
Net Cash Provided By (Used In) Financing Activities (1) (444)
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash (7) 6
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 21 22
Cash, Cash Equivalents and Restricted Cash at End of Period 14 28
Supplemental Disclosure of Cash Flow Information:    
Income Taxes Paid (Received) (16) 11
Interest Paid, Net of Amounts Capitalized 7 6
Accrued Property, Plant and Equipment Expenditures $ 116 $ 183