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Income Taxes (Reconciliation Of Reported Income Tax Expense) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Taxes [Line Items]      
Net Income $ (648) [1] $ 1,905 [1] $ 1,693
Federal 407 385 84
State (3) 48 18
Total Current 404 433 102
Federal (700) (164) 3
State (136) 141 132
Total Deferred (836) (23) 135
Investment tax credit (9) (14) 20
Total Income Tax (441) 396 257
Pre-Tax Income (1,089) 2,301 1,950
Tax Computed at Statutory Rate (229) 483 410
State Income Taxes (net of federal income tax) (109) 147 117
Uncertain Tax Positions 19 3 0
Nuclear Decommissioning Trust 23 32 34
Plant-Related Items (7) (9) (2)
Effective Income Tax Rate Reconciliation, Tax Credit adjustment 29    
Tax Credits   (18) (18)
Effective Income Tax Rate Reconciliation, Tax Settlement, Domestic, Amount (8) (27) 0
Effective Income Tax Rate Reconciliation, Leasing Activities, Amount (1) (35) 0
Effective Income Tax Rate Reconciliation, GPRC (13) 0 0
Tax Adjustment Credit (171) (205) (272)
Effective Income Tax Rate Reconciliation, Bad Debt Flow Through, Amount 27 28 0
Other (1) (3) (12)
Sub-Total (212) (87) (153)
Income Tax Provision $ (441) $ 396 $ 257
Effective income tax rate 40.50% 17.20% 13.20%
Public Service Electric and Gas Company      
Income Taxes [Line Items]      
Net Income $ 1,446 $ 1,327 $ 1,250
Federal 208 179 121
State 1 8 0
Total Current 209 187 121
Federal (33) (71) (156)
State 153 128 117
Total Deferred 120 57 (39)
Investment tax credit (5) (4) 11
Total Income Tax 324 240 93
Pre-Tax Income 1,770 1,567 1,343
Tax Computed at Statutory Rate 372 329 282
State Income Taxes (net of federal income tax) 122 106 92
Uncertain Tax Positions 2 4 1
Plant-Related Items (7) (9) (2)
Tax Credits (8) (9) (8)
Effective Income Tax Rate Reconciliation, Tax Settlement, Domestic, Amount (1) (2) 0
Effective Income Tax Rate Reconciliation, GPRC (13) 0 0
Tax Adjustment Credit (171) (205) (272)
Effective Income Tax Rate Reconciliation, Bad Debt Flow Through, Amount 27 28 0
Other 1 (2) 0
Sub-Total (48) (89) (189)
Income Tax Provision $ 324 $ 240 $ 93
Effective income tax rate 18.30% 15.30% 6.90%
[1] Includes after-tax impairment losses and other charges, including debt extinguishment costs, related to the sale of the fossil generating assets at PSEG Power of $2,158 million in the year ended December 31, 2021. Includes an after-tax gain of $86 million in the year ended December 31, 2020 related to the sale of PSEG Power’s interest in the Yards Creek generation facility and an after-tax loss of $286 million in the year ended December 31, 2019 related to the sale of PSEG Power’s ownership interests in the Keystone and Conemaugh fossil generation plants. See Note 4. Early Plant Retirements/Asset Dispositions and Impairments for additional information.(D)Includes net after-tax losses of $446 million and $58 million in the years ended December 31, 2021 and 2020 and a net after-tax gain of $205 million in the year ended December 31, 2019 at PSEG Power related to the impacts of non-trading commodity mark-to-market activity, which consists of the financial impact from positions with future delivery dates.