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Financial Risk Management Activities (Schedule Of Derivative Instruments Fair Value In Balance Sheets) (Detail) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Derivatives, Fair Value [Line Items]    
Collateral Already Posted, Aggregate Fair Value $ 12 $ 44
Derivative Contracts, Current Assets 112 113
Derivative Contracts, Noncurrent Assets 30 24
Total Mark-to-Market Derivative Assets 142 137
Derivative Contracts, Current Liabilities (24) (36)
Derivative Contracts, Noncurrent Liabilities (2) (1)
Total Mark-to-Market Derivative (Liabilities) (26) (37)
Net Mark-to-Market Derivative Assets (Liabilities) 116 100
Derivative, Fair Value, Amount Offset Against Collateral, Net (2) (2)
PSEG Power [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Contracts, Current Assets [1] 112 113
Derivative Contracts, Noncurrent Assets [1] 30 24
Total Mark-to-Market Derivative Assets [1] 142 137
Derivative Contracts, Current Liabilities [1] (18) (31)
Derivative Contracts, Noncurrent Liabilities [1] (2) (1)
Total Mark-to-Market Derivative (Liabilities) [1] (20) (32)
Net Mark-to-Market Derivative Assets (Liabilities) [1] 122 105
Derivative, Fair Value, Amount Offset Against Collateral, Net [1],[2] (2) (2)
Other Current Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net   (1)
Other Noncurrent Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net   (1)
Energy-Related Contracts [Member] | Not Designated as Hedging Instrument [Member] | PSEG Power [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Contracts, Current Assets [1] 595 636
Derivative Contracts, Noncurrent Assets [1] 202 163
Total Mark-to-Market Derivative Assets [1] 797 799
Derivative Contracts, Current Liabilities [1] (501) (553)
Derivative Contracts, Noncurrent Liabilities [1] (172) (139)
Total Mark-to-Market Derivative (Liabilities) [1] (673) (692)
Net Mark-to-Market Derivative Assets (Liabilities) [1] 124 107
Energy-Related Contracts [Member] | Other Noncurrent Liabilities [Member] | PSEG Power [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net [1],[2] 170 138
Energy-Related Contracts [Member] | Other Current Assets [Member] | PSEG Power [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net [1],[2] (483) (523)
Energy-Related Contracts [Member] | Other Noncurrent Assets [Member] | PSEG Power [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net [1],[2] (172) (139)
Energy-Related Contracts [Member] | Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net [3] (655) (662)
Energy-Related Contracts [Member] | Assets [Member] | PSEG Power [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net [1],[2],[3] (655) (662)
Energy-Related Contracts [Member] | Other Current Liabilities [Member] | PSEG Power [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net [1],[2] 483 522
Energy-Related Contracts [Member] | Other Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net [3] 653 660
Energy-Related Contracts [Member] | Other Liabilities [Member] | PSEG Power [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net [1],[2],[3] 653 660
Interest Rate Swap [Member] | PSEG [Member] | Fair Value Hedging [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Contracts, Current Assets [1] 0 0
Derivative Contracts, Noncurrent Assets [1] 0 0
Total Mark-to-Market Derivative Assets [1] 0 0
Derivative Contracts, Current Liabilities [1] (6) (5)
Derivative Contracts, Noncurrent Liabilities [1] 0 0
Total Mark-to-Market Derivative (Liabilities) [1] (6) (5)
Net Mark-to-Market Derivative Assets (Liabilities) [1] (6) (5)
Interest Rate Swap [Member] | Other Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative, Fair Value, Amount Offset Against Collateral, Net $ 0 $ 0
[1] 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.
[2] Represents the netting of fair value balances with the same counterparty (where the right of offset exists) and the application of collateral. All cash collateral (received) posted that has been allocated to derivative positions, where the right of offset exists, has been offset on the Condensed Consolidated Balance Sheets. As of June 30, 2020 and December 31, 2019, PSEG Power had net cash collateral (receipts) payments to counterparties of $12 million and $44 million, respectively. Of these net cash collateral (receipts) payments, $(2) million as of June 30, 2020 and December 31, 2019 were netted against the corresponding net derivative contract positions. The $(2) million as of June 30, 2020 was netted against noncurrent assets. Of the $(2) million as of December 31, 2019, $(1) million was netted against current assets and $(1) million was netted against noncurrent assets
[3]
Represents the netting of fair value balances with the same counterparty (where the right of offset exists) and the application of collateral. See Note 13. Financial Risk Management Activities for additional detail.