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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income [1] $ 2,017 $ 243
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 843 822
Amortization of Nuclear Fuel 144 141
(Gains) Losses on Asset Dispositions and Impairments 0 90
Emission Allowances and Renewable Energy Credit Compliance Accrual 4 50
Provision for Deferred Income Taxes and ITC 293 (460)
Non-Cash Employee Benefit Plan (Credits) Costs 357 (179)
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives (1,041) 1,249
Payments for Removal Costs (121) (94)
Net Change in Regulatory Assets and Liabilities (245) (199)
Net Realized (Gains) Losses and (Income) Expense from NDT Fund (107) 303
Net Change in Certain Current Assets and Liabilities:    
Tax Receivable 71 1
Accrued Taxes 0 (98)
Margin Deposit 1,175 (1,317)
Prepayments (204) (90)
Obligation to Return Cash Collateral (197) 253
Other Current Assets and Liabilities 137 25
Employee Benefit Plan Funding and Related Payments (31) (25)
Other 1 (14)
Net Cash Provided By (Used In) Operating Activities 3,096 701
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (2,360) (2,088)
Proceeds from Sale of Trust Investments 998 1,281
Purchases of Trust Investments (1,025) (1,309)
Proceeds from Equity Method Investment, Distribution, Return of Capital 291 0
Proceeds from Sales of Long-Lived Assets and Lease Investments 20 1,914
Other 46 (97)
Net Cash Provided By (Used In) Investing Activities (2,030) (299)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans (5) (784)
Proceeds from Short-Term Loan 750 2,000
Repayments of Short-term Debt (2,250) (2,500)
Proceeds from Issuance of Other Long-term Debt 1,800 1,750
Repayments of Long-term Debt 825 0
Payments for Share Repurchase Program 0 (500)
Cash Dividends Paid on Common Stock (853) (810)
Other (94) (3)
Net Cash Provided By (Used In) Financing Activities (1,477) (847)
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash (411) (445)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 511 863
Cash, Cash Equivalents and Restricted Cash at End of Period 100 418
Supplemental Disclosure of Cash Flow Information:    
Income Taxes Paid (Received) 97 352
Interest Paid, Net of Amounts Capitalized 501 416
Accrued Property, Plant and Equipment Expenditures 425 367
Public Service Electric and Gas Company [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income 1,224 1,213
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 728 697
(Gains) Losses on Asset Dispositions and Impairments 0 (1)
Provision for Deferred Income Taxes and ITC 129 114
Non-Cash Employee Benefit Plan (Credits) Costs 6 (135)
Payments for Removal Costs (121) (94)
Net Change in Regulatory Assets and Liabilities (245) (199)
Net Change in Certain Current Assets and Liabilities:    
Accounts Receivable and Unbilled Revenues 177 127
Fuel, Materials and Supplies (130) (42)
Prepayments (154) (93)
Obligation to Return Cash Collateral (197) 253
Accounts Payable (20) 27
Accounts Receivable/Payable-Affiliated Companies, net (334) (241)
Other Current Assets and Liabilities (42) 6
Employee Benefit Plan Funding and Related Payments (17) (12)
Other (52) (35)
Net Cash Provided By (Used In) Operating Activities 952 1,586
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (2,149) (1,871)
Proceeds from Sale of Trust Investments 4 11
Purchases of Trust Investments (3) (10)
Solar Loan Investments 14 19
Other 2 5
Net Cash Provided By (Used In) Investing Activities (2,132) (1,846)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans 100 0
Proceeds from Issuance of Other Long-term Debt 1,800 500
Repayments of Long-term Debt 825 0
Cash Dividends Paid on Common Stock (75) (225)
Other (17) (5)
Net Cash Provided By (Used In) Financing Activities 983 270
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash (197) 10
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 266 339
Cash, Cash Equivalents and Restricted Cash at End of Period 69 349
Supplemental Disclosure of Cash Flow Information:    
Income Taxes Paid (Received) 111 141
Interest Paid, Net of Amounts Capitalized 339 303
Accrued Property, Plant and Equipment Expenditures $ 369 $ 301
[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) .