Intangibles (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill [Line Items]

Schedule of Intangibles

The changes to PSEG’s intangible assets during 2020 and 2021 are as follows:

	Emissions Allowances		RECs		Total Intangibles
	Millions
Balance as of January 1, 2020	$	104	$	45	$	149
Retirements	(9)		(93)		(102)
Purchases	17		94		111
Balance as of December 31, 2020	$	112	$	46	$	158
Retirements	(58)		(114)		(172)
Purchases	9		89		98
Sales and Transfers (A)	(62)		(1)		(63)
Impairments	(1)		—		(1)
Balance as of December 31, 2021	$	—	$	20	$	20

(A)Includes $52 million classified as Assets Held for Sale. See Note 4. Early Plant Retirements/Asset Dispositions and Impairments.