Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
CURRENT ASSETS
Cash and Cash Equivalents	$ 818	$ 543
Accounts Receivable, net of allowances	1,859	1,410
Tax Receivable	9	63
Unbilled Revenues	217	229
Fuel	296	277
Materials and Supplies, net	448	601
Prepayments	63	51
Derivative Contracts	72	60
Regulatory Assets	364	369
Assets Held for Sale	2,060	0
Other	44	27
Total Current Assets	6,250	3,630
PROPERTY, PLANT AND EQUIPMENT	43,684	48,569
Less: Accumulated Depreciation and Amortization	(9,318)	(10,984)
Net Property, Plant and Equipment	34,366	37,585
NONCURRENT ASSETS
Regulatory Assets	3,605	3,872
Operating Lease, Right-of-Use Asset	201	262
Long-Term Investments	541	536
Nuclear Decommissioning Trust (NDT) Fund	2,637	2,501
Income Taxes Receivable, Noncurrent	47	0
Long-Term Receivable of VIEs	828	945
Rabbi Trust	242	266
Other Intangibles	20	158
Derivative Contracts	28	9
Other	234	286
Total Noncurrent Assets	8,383	8,835
Total Assets	48,999	50,050
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	700	1,684
Commercial Paper and Loans	3,519	1,063
Accounts Payable	1,315	1,332
Derivative Contracts	17	21
Accrued Interest	121	126
Accrued Taxes	67	124
Clean Energy Program	146	143
Obligation to Return Cash Collateral	179	98
Regulatory Liabilities	388	294
Liabilities Held for Sale	144	0
Other	476	637
Total Current Liabilities	7,072	5,522
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)	5,759	6,502
Regulatory Liabilities	2,497	2,707
Operating Leases	191	252
Asset Retirement Obligations	1,573	1,212
Other Postretirement Benefit (OPEB) Costs	572	730
OPEB Costs of Servco	640	699
Accrued Pension Costs	318	1,128
Accrued Pension Costs of Servco	174	226
Environmental Costs	245	286
Derivative Contracts	17	4
Long-Term Accrued Taxes	100	88
Other	184	214
Total Noncurrent Liabilities	12,270	14,048
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT
Total Long-Term Debt	15,219	14,496
STOCKHOLDER'S EQUITY
Common Stock	5,045	5,031
Treasury Stock, at cost	(896)	(861)
Retained Earnings	10,639	12,318
Accumulated Other Comprehensive Income (Loss)	(350)	(504)
Total Stockholder's Equity	14,438	15,984
Total Capitalization	29,657	30,480
TOTAL LIABILITIES AND CAPITALIZATION	48,999	50,050
Public Service Electric and Gas Company
CURRENT ASSETS
Cash and Cash Equivalents	294	204
Accounts Receivable, net of allowances	1,050	1,004
Unbilled Revenues	217	229
Materials and Supplies, net	233	217
Prepayments	15	14
Regulatory Assets	364	369
Other	33	13
Total Current Assets	2,206	2,050
PROPERTY, PLANT AND EQUIPMENT	38,588	36,300
Less: Accumulated Depreciation and Amortization	(7,640)	(7,149)
Net Property, Plant and Equipment	30,948	29,151
NONCURRENT ASSETS
Regulatory Assets	3,605	3,872
Operating Lease, Right-of-Use Asset	92	99
Long-Term Investments	181	222
Rabbi Trust	43	51
Other	123	136
Total Noncurrent Assets	4,044	4,380
Total Assets	37,198	35,581
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	0	434
Commercial Paper and Loans	0	100
Accounts Payable	571	671
Accounts Payable-Affiliated Companies	418	479
Accrued Interest	107	101
Clean Energy Program	146	143
Obligation to Return Cash Collateral	179	98
Regulatory Liabilities	388	294
Other	376	530
Total Current Liabilities	2,185	2,850
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)	4,874	4,524
Regulatory Liabilities	2,497	2,707
Operating Leases	83	88
Asset Retirement Obligations	363	314
Other Postretirement Benefit (OPEB) Costs	354	485
Accrued Pension Costs	132	612
Environmental Costs	191	236
Long-Term Accrued Taxes	6	7
Other	145	154
Total Noncurrent Liabilities	8,645	9,127
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT
Total Long-Term Debt	11,795	10,475
STOCKHOLDER'S EQUITY
Common Stock	892	892
Contributed Capital	1,170	1,170
Basis Adjustment	986	986
Retained Earnings	11,524	10,078
Accumulated Other Comprehensive Income (Loss)	1	3
Total Stockholder's Equity	14,573	13,129
Total Capitalization	26,368	23,604
TOTAL LIABILITIES AND CAPITALIZATION	$ 37,198	$ 35,581