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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Revenues $ 3,755 $ 2,313
Operating Expenses [Abstract]    
Energy Costs 1,082 1,245
Operation and Maintenance 743 794
Depreciation and Amortization 282 283
(Gains) Losses on Asset Dispositions and Impairments 0 43
Total Operating Expenses 2,107 2,365
OPERATING INCOME (LOSS) 1,648 (52)
Income from Equity Method Investments 1 4
Net Gains (Losses) on Trust Investments 46 (68)
Other Income (Deductions) 42 5
Non-Operating Pension and OPEB Credits (Costs) 28 94
Interest Expense (180) (137)
Income Before Income Taxes 1,585 (154)
Income Tax Benefit (Expense) (298) 152
Net Income (Loss) [1] $ 1,287 $ (2)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
BASIC (shares) 497 501
DILUTED (shares) 500 501
EARNINGS PER SHARE:    
BASIC (dollars per share) $ 2.59 $ 0.00
DILUTED (dollars per share) $ 2.58 $ 0.00
Public Service Electric and Gas Company [Member]    
Operating Revenues $ 2,293 $ 2,284
Operating Expenses [Abstract]    
Energy Costs 984 968
Operation and Maintenance 460 463
Depreciation and Amortization 244 241
Total Operating Expenses 1,688 1,672
OPERATING INCOME (LOSS) 605 612
Other Income (Deductions) 21 19
Non-Operating Pension and OPEB Credits (Costs) 28 70
Interest Expense (113) (103)
Income Before Income Taxes 541 598
Income Tax Benefit (Expense) (54) (89)
Net Income (Loss) $ 487 $ 509
[1] Includes net after-tax gains of $555 million and net after-tax losses of $608 million for the three months ended March 31, 2023 and 2022, respectively, at PSEG Power related to the impacts of non-trading commodity mark-to-market activity, which consist of the financial impact from positions with future delivery dates.