Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated Other Comprehensive Income (Loss), Net of Tax

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income (Loss) [Line Items]

Accumulated Other Comprehensive Income (Loss), Net of Tax

Accumulated Other Comprehensive Income (Loss), Net of Tax

PSEG	Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)	Cash Flow Hedges		Pension and OPEB Plans		Available-for -Sale Securities		Total
	Millions
Balance as of December 31, 2018	$	(1)	$	(360)	$	(16)	$	(377)
Cumulative Effect Adjustment to Reclassify Stranded Tax Effects Resulting in the Change in the Federal Corporate Income Tax to Retained Earnings	—		(81)		—		(81)
Current Period Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss) before Reclassifications	(17)		(70)		49		(38)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	3		12		(8)		7
Net Current Period Other Comprehensive Income (Loss)	(14)		(58)		41		(31)
Net Change in Accumulated Other Comprehensive Income (Loss)	(14)		(139)		41		(112)
Balance as of December 31, 2019	$	(15)	$	(499)	$	25	$	(489)
Other Comprehensive Income (Loss) before Reclassifications	(4)		(58)		51		(11)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	10		12		(26)		(4)
Net Current Period Other Comprehensive Income (Loss)	6		(46)		25		(15)
Balance as of December 31, 2020	$	(9)	$	(545)	$	50	$	(504)
Other Comprehensive Income (Loss) before Reclassifications	—		176		(33)		143
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	3		14		(6)		11
Net Current Period Other Comprehensive Income (Loss)	3		190		(39)		154
Balance as of December 31, 2021	$	(6)	$	(355)	$	11	$	(350)

PSEG		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
		Year Ended December 31, 2019
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount in Statement of Operations	Pre-Tax Amount		Tax (Expense) Benefit		After-Tax Amount
		Millions
Cash Flow Hedges
Interest Rate Swaps	Interest Expense	$	(4)	$	1	$	(3)
Total Cash Flow Hedges		(4)		1		(3)
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	Non-Operating Pension and OPEB Credits (Costs)	26		(7)		19
Amortization of Actuarial Loss	Non-Operating Pension and OPEB Credits (Costs)	(43)		12		(31)
Total Pension and OPEB Plans		(17)		5		(12)
Available-for-Sale Securities
Realized Gains (Losses)	Net Gains (Losses) on Trust Investments	13		(5)		8
Total Available-for-Sale Securities		13		(5)		8
Total		$	(8)	$	1	$	(7)

PSEG		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
		Year Ended December 31, 2020
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount in Statement of Operations	Pre-Tax Amount		Tax (Expense) Benefit		After-Tax Amount
		Millions
Cash Flow Hedges
Interest Rate Swaps	Interest Expense	$	(14)	$	4	$	(10)
Total Cash Flow Hedges		(14)		4		(10)
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	Non-Operating Pension and OPEB Credits (Costs)	24		(7)		17
Amortization of Actuarial Loss	Non-Operating Pension and OPEB Credits (Costs)	(40)		11		(29)
Total Pension and OPEB Plans		(16)		4		(12)
Available-for-Sale Securities
Realized Gains (Losses) and Impairments	Net Gains (Losses) on Trust Investments	42		(16)		26
Total Available-for-Sale Securities		42		(16)		26
Total		$	12	$	(8)	$	4

PSEG		Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) to Income Statement
		Year Ended December 31, 2021
Description of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	Location of Pre-Tax Amount in Statement of Operations	Pre-Tax Amount		Tax (Expense) Benefit		After-Tax Amount
		Millions
Cash Flow Hedges
Interest Rate Swaps	Interest Expense	$	(4)	$	1	$	(3)
Total Cash Flow Hedges		(4)		1		(3)
Pension and OPEB Plans
Amortization of Prior Service (Cost) Credit	Non-Operating Pension and OPEB Credits (Costs)	21		(6)		15
Amortization of Actuarial Loss	Non-Operating Pension and OPEB Credits (Costs)	(41)		12		(29)
Total Pension and OPEB Plans		(20)		6		(14)
Available-for-Sale Securities
Realized Gains (Losses)	Net Gains (Losses) on Trust Investments	9		(3)		6
Total Available-for-Sale Securities		9		(3)		6
Total		$	(15)	$	4	$	(11)