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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Revenues $ 2,889 $ 2,781
Operating Expenses [Abstract]    
Energy Costs 1,029 906
Operation and Maintenance 778 754
Depreciation and Amortization 341 324
Total Operating Expenses 2,148 1,984
OPERATING INCOME 741 797
Income from Equity Method Investments 3 3
Net Gains (Losses) on Trust Investments 60 (221)
Other Income (Deductions) 25 4
Non-Operating Pension and OPEB Credits (Costs) 82 62
Interest Expense (146) (153)
Income Before Income Taxes 765 492
Income Tax Benefit (Expense) (117) (44)
Net Income (Loss) $ 648 $ 448
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
BASIC (shares) 504 504
DILUTED (shares) 507 507
EARNINGS PER SHARE:    
BASIC (dollars per share) $ 1.29 $ 0.89
DILUTED (dollars per share) $ 1.28 $ 0.88
Public Service Electric and Gas Company [Member]    
Operating Revenues $ 2,073 $ 1,883
Operating Expenses [Abstract]    
Energy Costs 849 708
Operation and Maintenance 424 386
Depreciation and Amortization 241 222
Total Operating Expenses 1,514 1,316
OPERATING INCOME 559 567
Net Gains (Losses) on Trust Investments 1 0
Other Income (Deductions) 28 27
Non-Operating Pension and OPEB Credits (Costs) 66 51
Interest Expense (98) (96)
Income Before Income Taxes 556 549
Income Tax Benefit (Expense) (79) (109)
Net Income (Loss) 477 440
PSEG Power [Member]    
Operating Revenues 1,167 1,220
Operating Expenses [Abstract]    
Energy Costs 682 676
Operation and Maintenance 222 241
Depreciation and Amortization 92 94
Total Operating Expenses 996 1,011
OPERATING INCOME 171 209
Income from Equity Method Investments 3 3
Net Gains (Losses) on Trust Investments 58 (220)
Other Income (Deductions) (4) (23)
Non-Operating Pension and OPEB Credits (Costs) 12 8
Interest Expense (27) (34)
Income Before Income Taxes 213 (57)
Income Tax Benefit (Expense) (52) 70
Net Income (Loss) $ 161 $ 13