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Condensed Consolidated Statements Of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net Income (Loss) [1] $ 139 $ 114 $ 2,017 $ 243
Other Comprehensive Income (Loss), net of tax        
Unrealized Gains (Losses) on Available-for-Sale Securities, net of tax (expense) benefit (31) (39) (13) (146)
Unrealized Gains (Losses) on Cash Flow Hedges, net of tax (expense) benefit 11 1 21 2
Pension/Other Postretirement Benefit (OPEB) adjustment, net of tax (expense) benefit 322 0 329 1
Other Comprehensive Income (Loss), net of tax 302 (38) 337 (143)
COMPREHENSIVE INCOME (LOSS) 441 76 2,354 100
Public Service Electric and Gas Company [Member]        
Net Income (Loss) 401 399 1,224 1,213
Other Comprehensive Income (Loss), net of tax        
Unrealized Gains (Losses) on Available-for-Sale Securities, net of tax (expense) benefit (1) (2) 0 (6)
Other Comprehensive Income (Loss), net of tax (1) (2) 0 (6)
COMPREHENSIVE INCOME (LOSS) $ 400 $ 397 $ 1,224 $ 1,207
[1] Includes net after-tax gains (losses) of $(17) million and $(214) million for the three months and $750 million and $(896) million for the nine months ended September 30, 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. Includes a $239 million after-tax pension charge due to the remeasurement of the qualified pension plans as a result of the pension settlement transaction for the three and nine months ended September 30, 2023. See Note 9. Pension and Other Postretirement Benefits (OPEB) .