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Related-Party Transactions (Schedule Of Related Party Transactions, Receivables) (Details) (Power [Member], USD $)
In Millions
9 Months Ended12 Months Ended
Sep. 30, 2011
Dec. 31, 2010
Power [Member]
  
Related Party Transaction [Line Items]  
Receivables from PSE&G through BGS and BGSS Contracts$ 110[1]$ 372[1]
Receivables from PSE&G Related to Gas Supply Hedges for BGSS64[1]58[1]
Payable to Services(23)[2](26)[2]
Tax Sharing Receivables from (Payable to) PSEG(18)[3]380[3]
Current Unrecognized Tax Receivable from Parent(5)[3]1[3]
Payable to PSEG(1)(3)
Accounts Receivable-Affiliated Companies, net127782
Short-Term Loan to Affiliate (Demand Note to PSEG)1,574[4]398[4]
Working Capital Advances to Services17[5]17[5]
Long-Term Accrued Taxes Receivable$ 19[3]$ 16[3]
[1]PSE&G has entered into a requirements contract with Power under which Power provides the gas supply services needed to meet PSE&G's BGSS and other contractual requirements through March 31, 2012 and year-to-year thereafter. Power has also entered into contracts to supply energy, capacity and ancillary services to PSE&G through the BGS auction process.
[2]Services provides and bills administrative services to Power and PSE&G at cost. In addition, Power and PSE&G have other payables to Services, including amounts related to certain common costs, such as pension and OPEB costs, which Services pays on behalf of each of the operating companies.
[3]PSEG files a consolidated federal income tax return with its affiliated companies. A tax allocation agreement exists between PSEG and each of its affiliated companies. The general operation of these agreements is that the subsidiary company will compute its taxable income on a stand-alone basis. If the result is a net tax liability, such amount shall be paid to PSEG. If there are net operating losses and/or tax credits, the subsidiary shall receive payment for the tax savings from PSEG to the extent that PSEG is able to utilize those benefits.
[4]Power's short-term loans with PSEG are for working capital and other short-term needs. Interest Income and Interest Expense relating to these short-term funding activities were immaterial.
[5]Power and PSE&G have advanced working capital to Services. The amounts are included in Other Noncurrent Assets on Power's and PSE&G's Condensed Consolidated Balance Sheets.