XML 21 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and Cash Equivalents $ 1,205 $ 465
Accounts Receivable, net of allowance 1,690 1,944
Tax Receivable 8 79
Unbilled Revenues, net of allowance 194 322
Fuel 123 420
Materials and Supplies, net 592 540
Prepayments 101 93
Derivative Contracts 92 18
Regulatory Assets 291 369
Assets Held-for-sale 0 20
Other 35 33
Total Current Assets 4,331 4,303
PROPERTY, PLANT AND EQUIPMENT 46,529 45,924
Less: Accumulated Depreciation and Amortization (10,169) (9,982)
Net Property, Plant and Equipment 36,360 35,942
NONCURRENT ASSETS    
Regulatory Assets 4,546 4,404
Operating Lease, Right-of-Use Asset 174 176
Long-Term Investments 597 624
Nuclear Decommissioning Trust (NDT) Fund 2,331 2,230
Long-Term Tax Receivable 0 5
Long-Term Receivable of Variable Interest Entities (VIEs) 557 551
Rabbi Trust Fund 190 183
Other Intangibles 9 14
Derivative Contracts 30 15
Other 284 271
Total Noncurrent Assets 8,718 8,473
Total Assets 49,409 48,718
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 1,825 1,575
Commercial Paper and Loans 1,250 2,200
Accounts Payable 958 1,271
Derivative Contracts 74 124
Accrued Interest 161 134
Accrued Taxes 98 12
Clean Energy Program 86 145
Obligation to Return Cash Collateral 104 290
Regulatory Liabilities 335 384
Other 557 545
Total Current Liabilities 5,448 6,680
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 6,089 5,725
Regulatory Liabilities 2,190 2,240
Operating Leases 169 169
Asset Retirement Obligations 1,511 1,499
Environmental Costs 224 231
Derivative Contracts 12 33
Long-Term Accrued Taxes 59 66
Other 196 199
Total Noncurrent Liabilities 12,095 11,814
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT    
Total Long-Term Debt 17,140 16,495
STOCKHOLDER'S EQUITY    
Common Stock, Value, Issued 5,045 5,065
Treasury Stock, at cost (1,391) (1,377)
Retained Earnings 11,594 10,591
Accumulated Other Comprehensive Income (Loss) (522) (550)
Total Stockholder's Equity 14,726 13,729
Total Capitalization 31,866 30,224
TOTAL LIABILITIES AND CAPITALIZATION 49,409 48,718
Consolidated Entity Excluding Variable Interest Entities (VIE)    
NONCURRENT LIABILITIES    
OPEB Costs 404 410
Accrued Pension Costs 698 705
Variable Interest Entity, Primary Beneficiary    
NONCURRENT LIABILITIES    
OPEB Costs 461 455
Accrued Pension Costs 82 82
Public Service Electric and Gas Company [Member]    
CURRENT ASSETS    
Cash and Cash Equivalents 814 220
Accounts Receivable, net of allowance 1,166 1,075
Unbilled Revenues, net of allowance 194 322
Materials and Supplies, net 352 307
Prepayments 17 7
Regulatory Assets 291 369
Other 34 32
Total Current Assets 2,868 2,332
PROPERTY, PLANT AND EQUIPMENT 41,597 41,045
Less: Accumulated Depreciation and Amortization (8,315) (8,215)
Net Property, Plant and Equipment 33,282 32,830
NONCURRENT ASSETS    
Regulatory Assets 4,546 4,404
Operating Lease, Right-of-Use Asset 85 86
Long-Term Investments 141 143
Rabbi Trust Fund 33 32
Other 140 133
Total Noncurrent Assets 4,945 4,798
Total Assets 41,095 39,960
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 1,075 825
Accounts Payable 597 703
Accounts Payable - Affiliated Companies 513 485
Accrued Interest 121 113
Clean Energy Program 86 145
Obligation to Return Cash Collateral 104 290
Regulatory Liabilities 335 384
Other 444 416
Total Current Liabilities 3,275 3,361
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 5,508 5,348
Regulatory Liabilities 2,190 2,240
Operating Leases 76 77
Asset Retirement Obligations 383 384
OPEB Costs 249 255
Accrued Pension Costs 395 397
Environmental Costs 166 173
Long-Term Accrued Taxes 9 9
Other 159 163
Total Noncurrent Liabilities 9,135 9,046
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT    
Total Long-Term Debt 12,515 11,871
STOCKHOLDER'S EQUITY    
Common Stock, Value, Issued 892 892
Contributed Capital 1,170 1,170
Basis Adjustment 986 986
Retained Earnings 13,126 12,639
Accumulated Other Comprehensive Income (Loss) (4) (5)
Total Stockholder's Equity 16,170 15,682
Total Capitalization 28,685 27,553
TOTAL LIABILITIES AND CAPITALIZATION $ 41,095 $ 39,960