Condensed Consolidated Balance Sheets - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019
CURRENT ASSETS
Cash and Cash Equivalents		$ 431	$ 147
Accounts Receivable, net of allowance		1,239	1,313
Tax Receivable		154	21
Unbilled Revenues, net of allowance		192	239
Fuel		219	310
Materials and Supplies, net		597	587
Prepayments		268	79
Derivative Contracts		112	113
Regulatory Assets		466	351
Assets Held-for-sale		29	30
Other		35	41
Total Current Assets		3,742	3,231
PROPERTY, PLANT AND EQUIPMENT		47,157	45,944
Less: Accumulated Depreciation and Amortization		(10,606)	(10,100)
Net Property, Plant and Equipment		36,551	35,844
NONCURRENT ASSETS
Regulatory Assets		3,606	3,677
Operating Lease, Right-of-Use Asset		273	282
Long-Term Investments		779	812
Nuclear Decommissioning Trust (NDT) Fund		2,251	2,216
Long-Term Tax Receivable		0	150
Long-Term Receivable of Variable Interest Entities (VIEs)		829	813
Rabbi Trust Fund		259	246
Other Intangibles		185	149
Derivative Contracts		30	24
Other		275	286
Total Noncurrent Assets		8,487	8,655
Total Assets		48,780	47,730
CURRENT LIABILITIES
Long-Term Debt Due Within One Year		2,093	1,365
Commercial Paper and Loans		1,165	1,115
Accounts Payable		1,135	1,358
Derivative Contracts		24	36
Accrued Interest		122	116
Accrued Taxes		127	41
Clean Energy Program		231	143
Obligation to Return Cash Collateral		107	119
Regulatory Liabilities		194	234
Other		585	520
Total Current Liabilities		5,783	5,047
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)		6,481	6,256
Regulatory Liabilities		2,906	3,002
Operating Leases		263	273
Asset Retirement Obligations		1,185	1,087
OPEB Costs		736	734
OPEB Costs of Servco		641	626
Accrued Pension Costs		893	952
Accrued Pension Costs of Servco		168	171
Environmental Costs		323	349
Derivative Contracts		2	1
Long-Term Accrued Taxes		86	182
Other		242	218
Total Noncurrent Liabilities		13,926	13,851
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT
Total Long-Term Debt		13,580	13,743
STOCKHOLDER'S EQUITY
Common Stock, Value, Issued		5,003	5,003
Treasury Stock, at cost		(865)	(831)
Retained Earnings		11,808	11,406
Accumulated Other Comprehensive Income (Loss)		(455)	(489)
Total Stockholder's Equity		15,491	15,089
Total Capitalization		29,071	28,832
TOTAL LIABILITIES AND CAPITALIZATION		48,780	47,730
Public Service Electric and Gas Company [Member]
CURRENT ASSETS
Cash and Cash Equivalents		258	21
Accounts Receivable, net of allowance		872	901
Accounts Receivable-Affiliated Companies		0	1
Unbilled Revenues, net of allowance		192	239
Materials and Supplies, net		212	213
Prepayments		190	35
Regulatory Assets		466	351
Other		24	28
Total Current Assets		2,214	1,789
PROPERTY, PLANT AND EQUIPMENT		34,992	33,900
Less: Accumulated Depreciation and Amortization		(6,886)	(6,623)
Net Property, Plant and Equipment		28,106	27,277
NONCURRENT ASSETS
Regulatory Assets		3,606	3,677
Operating Lease, Right-of-Use Asset		100	98
Long-Term Investments		236	248
Rabbi Trust Fund		50	48
Other		133	129
Total Noncurrent Assets		4,125	4,200
Total Assets		34,445	33,266
CURRENT LIABILITIES
Long-Term Debt Due Within One Year		693	259
Commercial Paper and Loans		0	362
Accounts Payable		624	639
Accounts Payable-Affiliated Companies		373	390
Accrued Interest		101	91
Clean Energy Program		231	143
Obligation to Return Cash Collateral		107	119
Regulatory Liabilities		194	234
Other		490	436
Total Current Liabilities		2,813	2,673
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)		4,369	4,189
Regulatory Liabilities		2,906	3,002
Operating Leases		88	87
Asset Retirement Obligations		308	303
OPEB Costs		495	495
Accrued Pension Costs		461	501
Environmental Costs		273	294
Long-Term Accrued Taxes		19	115
Other		161	136
Total Noncurrent Liabilities		9,080	9,122
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT
Total Long-Term Debt		10,102	9,568
STOCKHOLDER'S EQUITY
Common Stock, Value, Issued		892	892
Contributed Capital		1,095	1,095
Basis Adjustment		986	986
Retained Earnings		9,474	8,928
Accumulated Other Comprehensive Income (Loss)		3	2
Total Stockholder's Equity		12,450	11,903
Total Capitalization		22,552	21,471
TOTAL LIABILITIES AND CAPITALIZATION		34,445	33,266
PSEG Power [Member]
CURRENT ASSETS
Cash and Cash Equivalents		17	21
Accounts Receivable, net of allowance		313	309
Accounts Receivable-Affiliated Companies		281	408
Short-Term Loan to Affiliate	[1]	104	149
Fuel		219	310
Materials and Supplies, net		382	372
Prepayments		12	11
Derivative Contracts	[2]	112	113
Assets Held-for-sale		29	28
Other		0	5
Total Current Assets		1,469	1,726
PROPERTY, PLANT AND EQUIPMENT		11,825	11,699
Less: Accumulated Depreciation and Amortization		(3,502)	(3,273)
Net Property, Plant and Equipment		8,323	8,426
NONCURRENT ASSETS
Operating Lease, Right-of-Use Asset		67	71
Long-Term Investments		67	66
Nuclear Decommissioning Trust (NDT) Fund		2,251	2,216
Rabbi Trust Fund		65	62
Other Intangibles		185	149
Derivative Contracts	[2]	30	24
Other		51	65
Total Noncurrent Assets		2,716	2,653
Total Assets		12,508	12,805
CURRENT LIABILITIES
Long-Term Debt Due Within One Year		700	406
Accounts Payable		363	505
Accounts Payable-Affiliated Companies		20	5
Derivative Contracts	[2]	18	31
Accrued Interest		17	21
Other		101	91
Total Current Liabilities		1,219	1,059
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)		1,901	1,876
Operating Leases		57	62
Asset Retirement Obligations		874	781
OPEB Costs		194	192
Accrued Pension Costs		270	284
Derivative Contracts	[2]	2	1
Long-Term Accrued Taxes		53	115
Other		102	111
Total Noncurrent Liabilities		3,453	3,422
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT
Total Long-Term Debt		1,736	2,434
STOCKHOLDER'S EQUITY
Contributed Capital		2,214	2,214
Basis Adjustment		(986)	(986)
Retained Earnings		5,246	5,063
Accumulated Other Comprehensive Income (Loss)		(374)	(401)
Total Stockholder's Equity		6,100	5,890
TOTAL LIABILITIES AND CAPITALIZATION		$ 12,508	$ 12,805

[1] PSEG Power’s short-term loans with PSEG are for working capital and other short-term needs. Interest Income and Interest Expense relating to these short-term funding activities were immaterial.

[2] Substantially all of PSEG Power’s and PSEG’s derivative instruments are contracts subject to master netting agreements. Contracts not subject to master netting or similar agreements are immaterial and did not have any collateral posted or received as of June 30, 2020 and December 31, 2019.