Selected Quarterly Data

12 Months Ended

Dec. 31, 2011

Selected Quarterly Data

Note 24. Selected Quarterly Data (Unaudited)

The information shown in the following tables, in the opinion of PSEG, Power and PSE&G includes all adjustments, consisting only of normal recurring accruals, necessary to fairly present such amounts.

	Quarter Ended
	March 31,					June 30,				September 30,				December 31,
	2011		2010			2011		2010		2011		2010		2011		2010
PSEG Consolidated:	Millions
Operating Revenues	$	3,354	$	3,573		$	2,469	$	2,361	$	2,620	$	3,114	$	2,636	$	2,745
Operating Income	$	856	$	946		$	621	$	431	$	556	$	971	$	709	$	589
Income (Loss) from Continuing Operations	$	462	$	498		$	320	$	222	$	265	$	547	$	360	$	290
Income (Loss) from Discontinued Operations, including Gain (Loss) on Disposal, net of tax	$	64	$	(7	)	$	3	$	2	$	29	$	20	$	0	$	(8	)
Net Income (Loss)	$	526	$	491		$	323	$	224	$	294	$	567	$	360	$	282
Earnings Per Share:
Basic:
Income (Loss) from Continuing Operations	$	0.91	$	0.99		$	0.63	$	0.44	$	0.52	$	1.08	$	0.71	$	0.57
Net Income (Loss)	$	1.04	$	0.97		$	0.63	$	0.44	$	0.58	$	1.12	$	0.71	$	0.56
Diluted:
Income (Loss) from Continuing Operations	$	0.91	$	0.99		$	0.63	$	0.44	$	0.52	$	1.08	$	0.71	$	0.57
Net Income (Loss)	$	1.04	$	0.97		$	0.63	$	0.44	$	0.58	$	1.12	$	0.71	$	0.56
Weighted Average Common Shares Outstanding:
Basic		506		506			506		506		506		506		506		506
Diluted		507		507			507		507		507		507		507		507

	Quarter Ended
	March 31,					June 30,				September 30,				December 31,
	2011		2010			2011		2010		2011		2010		2011		2010
Power:	Millions
Operating Revenues	$	1,967	$	2,196		$	1,285	$	1,264	$	1,398	$	1,523	$	1,493	$	1,575
Operating Income	$	501	$	651		$	355	$	348	$	483	$	607	$	432	$	357
Income (Loss) from Continuing Operations	$	298	$	371		$	205	$	202	$	273	$	364	$	226	$	199
Income (Loss) from Discontinued Operations, including Gain (Loss) on Disposal, net of tax	$	64	$	(7	)	$	3	$	2	$	29	$	20	$	0	$	(8	)
Net Income (Loss)	$	362	$	364		$	208	$	204	$	302	$	384	$	226	$	191

	Quarter Ended
	March 31,				June 30,				September 30,				December 31,
	2011		2010		2011		2010		2011		2010		2011		2010
PSE&G:	Millions
Operating Revenues	$	2,306	$	2,444	$	1,571	$	1,536	$	1,841	$	2,007	$	1,608	$	1,882
Operating Income	$	350	$	271	$	252	$	71	$	328	$	325	$	221	$	219
Income (Loss) from Continuing Operations	$	163	$	118	$	105	$	3	$	154	$	155	$	99	$	83
Net Income (Loss)	$	163	$	118	$	105	$	3	$	154	$	155	$	99	$	83
Earnings Available to PSEG	$	163	$	117	$	105	$	3	$	154	$	155	$	99	$	83

Power [Member]

Selected Quarterly Data

Note 24. Selected Quarterly Data (Unaudited)

The information shown in the following tables, in the opinion of PSEG, Power and PSE&G includes all adjustments, consisting only of normal recurring accruals, necessary to fairly present such amounts.

	Quarter Ended
	March 31,					June 30,				September 30,				December 31,
	2011		2010			2011		2010		2011		2010		2011		2010
PSEG Consolidated:	Millions
Operating Revenues	$	3,354	$	3,573		$	2,469	$	2,361	$	2,620	$	3,114	$	2,636	$	2,745
Operating Income	$	856	$	946		$	621	$	431	$	556	$	971	$	709	$	589
Income (Loss) from Continuing Operations	$	462	$	498		$	320	$	222	$	265	$	547	$	360	$	290
Income (Loss) from Discontinued Operations, including Gain (Loss) on Disposal, net of tax	$	64	$	(7	)	$	3	$	2	$	29	$	20	$	0	$	(8	)
Net Income (Loss)	$	526	$	491		$	323	$	224	$	294	$	567	$	360	$	282
Earnings Per Share:
Basic:
Income (Loss) from Continuing Operations	$	0.91	$	0.99		$	0.63	$	0.44	$	0.52	$	1.08	$	0.71	$	0.57
Net Income (Loss)	$	1.04	$	0.97		$	0.63	$	0.44	$	0.58	$	1.12	$	0.71	$	0.56
Diluted:
Income (Loss) from Continuing Operations	$	0.91	$	0.99		$	0.63	$	0.44	$	0.52	$	1.08	$	0.71	$	0.57
Net Income (Loss)	$	1.04	$	0.97		$	0.63	$	0.44	$	0.58	$	1.12	$	0.71	$	0.56
Weighted Average Common Shares Outstanding:
Basic		506		506			506		506		506		506		506		506
Diluted		507		507			507		507		507		507		507		507

	Quarter Ended
	March 31,					June 30,				September 30,				December 31,
	2011		2010			2011		2010		2011		2010		2011		2010
Power:	Millions
Operating Revenues	$	1,967	$	2,196		$	1,285	$	1,264	$	1,398	$	1,523	$	1,493	$	1,575
Operating Income	$	501	$	651		$	355	$	348	$	483	$	607	$	432	$	357
Income (Loss) from Continuing Operations	$	298	$	371		$	205	$	202	$	273	$	364	$	226	$	199
Income (Loss) from Discontinued Operations, including Gain (Loss) on Disposal, net of tax	$	64	$	(7	)	$	3	$	2	$	29	$	20	$	0	$	(8	)
Net Income (Loss)	$	362	$	364		$	208	$	204	$	302	$	384	$	226	$	191

	Quarter Ended
	March 31,				June 30,				September 30,				December 31,
	2011		2010		2011		2010		2011		2010		2011		2010
PSE&G:	Millions
Operating Revenues	$	2,306	$	2,444	$	1,571	$	1,536	$	1,841	$	2,007	$	1,608	$	1,882
Operating Income	$	350	$	271	$	252	$	71	$	328	$	325	$	221	$	219
Income (Loss) from Continuing Operations	$	163	$	118	$	105	$	3	$	154	$	155	$	99	$	83
Net Income (Loss)	$	163	$	118	$	105	$	3	$	154	$	155	$	99	$	83
Earnings Available to PSEG	$	163	$	117	$	105	$	3	$	154	$	155	$	99	$	83

PSE&G [Member]

Selected Quarterly Data

Note 24. Selected Quarterly Data (Unaudited)

The information shown in the following tables, in the opinion of PSEG, Power and PSE&G includes all adjustments, consisting only of normal recurring accruals, necessary to fairly present such amounts.

	Quarter Ended
	March 31,					June 30,				September 30,				December 31,
	2011		2010			2011		2010		2011		2010		2011		2010
PSEG Consolidated:	Millions
Operating Revenues	$	3,354	$	3,573		$	2,469	$	2,361	$	2,620	$	3,114	$	2,636	$	2,745
Operating Income	$	856	$	946		$	621	$	431	$	556	$	971	$	709	$	589
Income (Loss) from Continuing Operations	$	462	$	498		$	320	$	222	$	265	$	547	$	360	$	290
Income (Loss) from Discontinued Operations, including Gain (Loss) on Disposal, net of tax	$	64	$	(7	)	$	3	$	2	$	29	$	20	$	0	$	(8	)
Net Income (Loss)	$	526	$	491		$	323	$	224	$	294	$	567	$	360	$	282
Earnings Per Share:
Basic:
Income (Loss) from Continuing Operations	$	0.91	$	0.99		$	0.63	$	0.44	$	0.52	$	1.08	$	0.71	$	0.57
Net Income (Loss)	$	1.04	$	0.97		$	0.63	$	0.44	$	0.58	$	1.12	$	0.71	$	0.56
Diluted:
Income (Loss) from Continuing Operations	$	0.91	$	0.99		$	0.63	$	0.44	$	0.52	$	1.08	$	0.71	$	0.57
Net Income (Loss)	$	1.04	$	0.97		$	0.63	$	0.44	$	0.58	$	1.12	$	0.71	$	0.56
Weighted Average Common Shares Outstanding:
Basic		506		506			506		506		506		506		506		506
Diluted		507		507			507		507		507		507		507		507

	Quarter Ended
	March 31,					June 30,				September 30,				December 31,
	2011		2010			2011		2010		2011		2010		2011		2010
Power:	Millions
Operating Revenues	$	1,967	$	2,196		$	1,285	$	1,264	$	1,398	$	1,523	$	1,493	$	1,575
Operating Income	$	501	$	651		$	355	$	348	$	483	$	607	$	432	$	357
Income (Loss) from Continuing Operations	$	298	$	371		$	205	$	202	$	273	$	364	$	226	$	199
Income (Loss) from Discontinued Operations, including Gain (Loss) on Disposal, net of tax	$	64	$	(7	)	$	3	$	2	$	29	$	20	$	0	$	(8	)
Net Income (Loss)	$	362	$	364		$	208	$	204	$	302	$	384	$	226	$	191

	Quarter Ended
	March 31,				June 30,				September 30,				December 31,
	2011		2010		2011		2010		2011		2010		2011		2010
PSE&G:	Millions
Operating Revenues	$	2,306	$	2,444	$	1,571	$	1,536	$	1,841	$	2,007	$	1,608	$	1,882
Operating Income	$	350	$	271	$	252	$	71	$	328	$	325	$	221	$	219
Income (Loss) from Continuing Operations	$	163	$	118	$	105	$	3	$	154	$	155	$	99	$	83
Net Income (Loss)	$	163	$	118	$	105	$	3	$	154	$	155	$	99	$	83
Earnings Available to PSEG	$	163	$	117	$	105	$	3	$	154	$	155	$	99	$	83