Long-Term Investments (Tables)

12 Months Ended

Dec. 31, 2011

Long-Term Investments [Abstract]

Schedule of Long Term Investments

	As of December 31,
	2011		2010
	Millions
Power
Partnerships and Corporate Joint Ventures (Equity Method Investments)	$	32	$	25
PSE&G
Life Insurance and Supplemental Benefits		162		161
Solar Loan Investments		111		62
Other Investments		7		7
Energy Holdings
Leases		881		1,255
Partnerships and Corporate Joint Ventures:
Equity Method Investments (A)		106		105
Cost Method Investments (B)		4		7
Other Investments		0		1
Total Long-Term Investments	$	1,303	$	1,623

(A) During the three years ended December 31, 2011, 2010 and 2009, the amount of dividends from these investments was $3 million, $5 million and $10 million, respectively. Energy Holdings' share of income and cash flow distribution percentages ranged from 40% to 50% as of December 31, 2011.

(B) Energy Holdings has investments in certain companies in which it does not have the ability to exercise significant influence. Such investments are accounted for under the cost method.

Schedule Of Net Investment In Leveraged Leases

	As of December 31,
	2011			2010
	Millions
Lease Receivables (net of Non-Recourse Debt)	$	763		$	896
Estimated Residual Value of Leased Assets		553			905
		1,316			1,801
Unearned and Deferred Income		(435	)		(546	)
Gross Investments in Leases		881			1,255
Deferred Tax Liabilities		(716	)		(899	)
Net Investments in Leases	$	165		$	356

Schedule Of Pre-Tax Income And Income Tax Effects Related To Investments In Leveraged Leases

	Years Ended December 31,
	2011			2010		2009
	Millions
Pre-Tax Income (Loss) from Leases	$	(228	)	$	45	$	23
Income Tax Expense (Benefit) on Pre-Tax Income from Leases	$	(77	)	$	14	$	23

Equity Method Investments

			%
Name	Location		Owned
Power
Keystone		PA		23%
Conemaugh		PA		23%
Energy Holdings
Kalaeloa		HI		50%
GWF		CA		50%
Hanford L. P. (Hanford)		CA		50%
Bridgewater		NH		40%
Turboven		Venezuela		50%