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Condensed Consolidated Statements Of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
OPERATING REVENUES $ 2,469 $ 2,361 $ 5,823 $ 5,934
OPERATING EXPENSES        
Energy Costs 1,010 1,072 2,573 2,760
Operation and Maintenance 575 601 1,226 1,271
Depreciation and Amortization 235 229 476 456
Taxes Other Than Income Taxes 28 28 71 70
Total Operating Expenses 1,848 1,930 4,346 4,557
OPERATING INCOME 621 431 1,477 1,377
Income from Equity Method Investments 4 5 7 8
Other Income 55 47 131 90
Other Deductions (15) (12) (28) (28)
Other-Than-Temporary Impairments (1) (5) (5) (6)
Interest Expense (117) (120) (244) (236)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 547 346 1,338 1,205
Income Tax (Expense) Benefit (227) (124) (556) (485)
INCOME FROM CONTINUING OPERATIONS 320 222 782 720
Income (Loss) from Discontinued Operations, including Gain on Disposal 3 2 67 (5)
NET INCOME 323 224 849 715
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (THOUSANDS):        
BASIC 505,988 506,109 505,984 506,030
DILUTED 506,761 507,091 506,945 507,119
EARNINGS PER SHARE:        
INCOME FROM CONTINUING OPERATIONS, BASIC $ 0.63 $ 0.44 $ 1.55 $ 1.42
NET INCOME, BASIC $ 0.63 $ 0.44 $ 1.68 $ 1.41
INCOME FROM CONTINUING OPERATIONS, DILUTED $ 0.63 $ 0.44 $ 1.54 $ 1.42
NET INCOME, DILUTED $ 0.63 $ 0.44 $ 1.67 $ 1.41
DIVIDENDS PAID PER SHARE OF COMMON STOCK $ 0.3425 $ 0.3425 $ 0.6850 $ 0.6850
Power [Member]
       
OPERATING REVENUES 1,285 1,264 3,252 3,460
OPERATING EXPENSES        
Energy Costs 603 612 1,738 1,863
Operation and Maintenance 271 260 548 511
Depreciation and Amortization 56 44 110 87
Total Operating Expenses 930 916 2,396 2,461
OPERATING INCOME 355 348 856 999
Other Income 49 43 119 82
Other Deductions (14) (13) (26) (27)
Other-Than-Temporary Impairments (1) (5) (3) (6)
Interest Expense (41) (42) (92) (82)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 348 331 854 966
Income Tax (Expense) Benefit (143) (129) (352) (393)
INCOME FROM CONTINUING OPERATIONS 205 202 502 573
Income (Loss) from Discontinued Operations, including Gain on Disposal 3 2 67 (5)
NET INCOME 208 204 569 568
PSE&G [Member]
       
OPERATING REVENUES 1,571 1,536 3,877 3,980
OPERATING EXPENSES        
Energy Costs 815 917 2,181 2,457
Operation and Maintenance 304 343 672 757
Depreciation and Amortization 172 177 351 354
Taxes Other Than Income Taxes 28 28 71 70
Total Operating Expenses 1,319 1,465 3,275 3,638
OPERATING INCOME 252 71 602 342
Other Income 4 3 9 8
Other Deductions 0 0 (1) (1)
Other-Than-Temporary Impairments 0 0 (1) 0
Interest Expense (78) (80) (157) (157)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 178 (6) 452 192
Income Tax (Expense) Benefit (73) 9 (184) (71)
NET INCOME 105 3 268 121
Preferred Stock Dividends 0 0 0 (1)
EARNINGS AVAILABLE TO PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED $ 105 $ 3 $ 268 $ 120