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Consolidated Statements Of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OPERATING REVENUES $ 11,079 $ 11,793 $ 12,035
OPERATING EXPENSES      
Energy Costs 4,747 5,261 5,433
Operation and Maintenance 2,481 2,504 2,534
Depreciation and Amortization 976 955 819
Taxes Other Than Income Taxes 133 136 133
Total Operating Expenses 8,337 8,856 8,919
OPERATING INCOME 2,742 2,937 3,116
Income from Equity Method Investments 4 4 17
Other Income 220 221 246
Other Deductions (85) (63) (161)
Other-Than-Temporary Investments (22) (11) (61)
Interest Expense (475) (472) (521)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 2,384 2,616 2,636
Income Tax (Expense) Benefit (977) (1,059) (1,042)
INCOME FROM CONTINUING OPERATIONS 1,407 1,557 1,594
Income (Loss) from Discontinued Operations, including Gain (Loss) on Disposal, net of tax benefit 96 7 (2)
Net Income 1,503 1,564 1,592
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (THOUSANDS):      
BASIC 505,949 505,985 505,986
Weighted Average Common Shares Outstanding, Diluted 506,982 507,045 507,064
EARNINGS PER SHARE:      
INCOME FROM CONTINUING OPERATIONS, BASIC $ 2.78 $ 3.08 $ 3.15
NET INCOME, BASIC $ 2.97 $ 3.09 $ 3.15
INCOME FROM CONTINUING OPERATIONS, DILUTED $ 2.77 $ 3.07 $ 3.14
NET INCOME, DILUTED $ 2.96 $ 3.08 $ 3.14
DIVIDENDS PAID PER SHARE OF COMMON STOCK $ 1.37 $ 1.37 $ 1.33
PSEG [Member]
     
OPERATING EXPENSES      
Income Tax (Expense) Benefit (977) (1,059) (1,042)
INCOME FROM CONTINUING OPERATIONS 1,407 1,557 1,594
Income (Loss) from Discontinued Operations, including Gain (Loss) on Disposal, net of tax benefit 96 7 (2)
Net Income 1,503 1,564 1,592
Power [Member]
     
OPERATING REVENUES 6,143 6,558 6,772
OPERATING EXPENSES      
Energy Costs 3,046 3,374 3,462
Operation and Maintenance 1,102 1,046 1,045
Depreciation and Amortization 224 175 184
Total Operating Expenses 4,372 4,595 4,691
OPERATING INCOME 1,771 1,963 2,081
Other Income 190 170 233
Other Deductions (79) (53) (135)
Other-Than-Temporary Investments (20) (9) (60)
Interest Expense (175) (157) (161)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 1,687 1,914 1,958
Income Tax (Expense) Benefit (685) (778) (767)
INCOME FROM CONTINUING OPERATIONS 1,002 1,136 1,191
Income (Loss) from Discontinued Operations, including Gain (Loss) on Disposal, net of tax benefit 96 7 (2)
Net Income 1,098 1,143 1,189
PSE&G [Member]
     
OPERATING REVENUES 7,326 7,869 8,243
OPERATING EXPENSES      
Energy Costs 3,951 4,655 5,170
Operation and Maintenance 1,372 1,442 1,474
Depreciation and Amortization 719 750 608
Taxes Other Than Income Taxes 133 136 133
Total Operating Expenses 6,175 6,983 7,385
OPERATING INCOME 1,151 886 858
Other Income 25 26 8
Other Deductions (4) (3) (3)
Other-Than-Temporary Investments (1) 0 0
Interest Expense (310) (318) (312)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 861 591 551
Income Tax (Expense) Benefit (340) (232) (226)
Net Income 521 359 325
Preferred Stock Dividends 0 (1) (4)
EARNINGS AVAILABLE TO PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED $ 521 $ 358 $ 321