Asset Retirement Obligations (AROs) (Tables)

12 Months Ended

Dec. 31, 2020

Asset Retirement Obligation [Abstract]

Impact Of The Revisions On Asset Retirement Obligation

The changes to the ARO liabilities for PSEG, PSE&G and PSEG Power during 2019 and 2020 are presented in the following table:

	PSEG		PSE&G		PSEG Power		Other
	Millions
ARO Liability as of January 1, 2019	$	1,063	$	302	$	758	$	3
Liabilities Settled	(19)		(18)		(1)		—
Liabilities Incurred	3		1		2		—
Accretion Expense	40		—		40		—
Accretion Expense Deferred and Recovered in Rate Base (A)	16		16		—		—
Revision to Present Values of Estimated Cash Flows	(16)		2		(18)		—
ARO Liability as of December 31, 2019	$	1,087	$	303	$	781	$	3
Liabilities Settled	(9)		(7)		(2)		—
Accretion Expense	42		—		42		—
Accretion Expense Deferred and Recovered in Rate Base (A)	17		17		—		—
Revision to Present Values of Estimated Cash Flows	75		1		74		—
ARO Liability as of December 31, 2020	$	1,212	$	314	$	895	$	3

(A)Not reflected as expense in Consolidated Statements of Operations