Financial Information By Business Segments

3 Months Ended

Mar. 31, 2012

Financial Information By Business Segments

Note 16. Financial Information by Business Segments

	Power		PSE&G		Energy Holdings			Other (A)			Consolidated
	Millions
Three Months Ended March 31, 2012
Operating Revenues	$	1,561	$	1,939	$	20		$	(645	)	$	2,875
Income (Loss) From Continuing Operations		253		197		40			3			493
Net Income (Loss)		253		197		40			3			493
Segment Earnings (Loss)		253		197		40			3			493
Gross Additions to Long-Lived Assets		237		435		11			4			687
Three Months Ended March 31, 2011
Operating Revenues	$	1,967	$	2,306	$	20		$	(939	)	$	3,354
Income (Loss) From Continuing Operations		298		163		(3	)		4			462
Income (Loss) from Discontinued Operations, net of tax		64		0		0			0			64
Net Income (Loss)		362		163		(3	)		4			526
Segment Earnings (Loss)		362		163		(3	)		4			526
Gross Additions to Long-Lived Assets		155		339		1			2			497
As of March 31, 2012
Total Assets	$	11,089	$	17,514	$	1,945		$	(546	)	$	30,002
Investments in Equity Method Subsidiaries	$	39	$	0	$	104		$	0		$	143
As of December 31, 2011
Total Assets	$	11,087	$	17,487	$	1,888		$	(641	)	$	29,821
Investments in Equity Method Subsidiaries	$	31	$	0	$	106		$	0		$	137

(A) Other activities include amounts applicable to PSEG (as parent company), Services and intercompany eliminations, primarily relating to intercompany transactions between Power and PSE&G. No gains or losses are recorded on any intercompany transactions; rather, all intercompany transactions are priced in accordance with applicable regulations, including affiliate pricing rules, or at cost or, in the case of the BGS and BGSS contracts between Power and PSE&G, at rates prescribed by the BPU. For a further discussion of the intercompany transactions between Power and PSE&G, see Note 17. Related-Party Transactions.

Power [Member]

Financial Information By Business Segments

Note 16. Financial Information by Business Segments

	Power		PSE&G		Energy Holdings			Other (A)			Consolidated
	Millions
Three Months Ended March 31, 2012
Operating Revenues	$	1,561	$	1,939	$	20		$	(645	)	$	2,875
Income (Loss) From Continuing Operations		253		197		40			3			493
Net Income (Loss)		253		197		40			3			493
Segment Earnings (Loss)		253		197		40			3			493
Gross Additions to Long-Lived Assets		237		435		11			4			687
Three Months Ended March 31, 2011
Operating Revenues	$	1,967	$	2,306	$	20		$	(939	)	$	3,354
Income (Loss) From Continuing Operations		298		163		(3	)		4			462
Income (Loss) from Discontinued Operations, net of tax		64		0		0			0			64
Net Income (Loss)		362		163		(3	)		4			526
Segment Earnings (Loss)		362		163		(3	)		4			526
Gross Additions to Long-Lived Assets		155		339		1			2			497
As of March 31, 2012
Total Assets	$	11,089	$	17,514	$	1,945		$	(546	)	$	30,002
Investments in Equity Method Subsidiaries	$	39	$	0	$	104		$	0		$	143
As of December 31, 2011
Total Assets	$	11,087	$	17,487	$	1,888		$	(641	)	$	29,821
Investments in Equity Method Subsidiaries	$	31	$	0	$	106		$	0		$	137

(A) Other activities include amounts applicable to PSEG (as parent company), Services and intercompany eliminations, primarily relating to intercompany transactions between Power and PSE&G. No gains or losses are recorded on any intercompany transactions; rather, all intercompany transactions are priced in accordance with applicable regulations, including affiliate pricing rules, or at cost or, in the case of the BGS and BGSS contracts between Power and PSE&G, at rates prescribed by the BPU. For a further discussion of the intercompany transactions between Power and PSE&G, see Note 17. Related-Party Transactions.

PSE And G [Member]

Financial Information By Business Segments

Note 16. Financial Information by Business Segments

	Power		PSE&G		Energy Holdings			Other (A)			Consolidated
	Millions
Three Months Ended March 31, 2012
Operating Revenues	$	1,561	$	1,939	$	20		$	(645	)	$	2,875
Income (Loss) From Continuing Operations		253		197		40			3			493
Net Income (Loss)		253		197		40			3			493
Segment Earnings (Loss)		253		197		40			3			493
Gross Additions to Long-Lived Assets		237		435		11			4			687
Three Months Ended March 31, 2011
Operating Revenues	$	1,967	$	2,306	$	20		$	(939	)	$	3,354
Income (Loss) From Continuing Operations		298		163		(3	)		4			462
Income (Loss) from Discontinued Operations, net of tax		64		0		0			0			64
Net Income (Loss)		362		163		(3	)		4			526
Segment Earnings (Loss)		362		163		(3	)		4			526
Gross Additions to Long-Lived Assets		155		339		1			2			497
As of March 31, 2012
Total Assets	$	11,089	$	17,514	$	1,945		$	(546	)	$	30,002
Investments in Equity Method Subsidiaries	$	39	$	0	$	104		$	0		$	143
As of December 31, 2011
Total Assets	$	11,087	$	17,487	$	1,888		$	(641	)	$	29,821
Investments in Equity Method Subsidiaries	$	31	$	0	$	106		$	0		$	137

(A) Other activities include amounts applicable to PSEG (as parent company), Services and intercompany eliminations, primarily relating to intercompany transactions between Power and PSE&G. No gains or losses are recorded on any intercompany transactions; rather, all intercompany transactions are priced in accordance with applicable regulations, including affiliate pricing rules, or at cost or, in the case of the BGS and BGSS contracts between Power and PSE&G, at rates prescribed by the BPU. For a further discussion of the intercompany transactions between Power and PSE&G, see Note 17. Related-Party Transactions.