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Condensed Consolidated Statements Of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net Income (Loss) [1] $ 131 $ (177) $ 129 $ 471
Other Comprehensive Income (Loss), net of tax        
Unrealized Gains (Losses) on Available-for-Sale Securities, net of tax (expense) benefit (46) 16 (107) (26)
Unrealized Gains (Losses) on Cash Flow Hedges, net of tax (expense) benefit 0 0 1 1
Pension/Other Postretirement Benefit (OPEB) adjustment, net of tax (expense) benefit 1 4 1 7
Other Comprehensive Income (Loss), net of tax (45) 20 (105) (18)
COMPREHENSIVE INCOME (LOSS) 86 (157) 24 453
Public Service Electric and Gas Company [Member]        
Net Income (Loss) 305 309 814 786
Other Comprehensive Income (Loss), net of tax        
Unrealized Gains (Losses) on Available-for-Sale Securities, net of tax (expense) benefit (1) 1 (4) (2)
Other Comprehensive Income (Loss), net of tax (1) 1 (4) (2)
COMPREHENSIVE INCOME (LOSS) $ 304 $ 310 $ 810 $ 784
[1] Includes a $373 million after-tax impairment of the ISO NE asset grouping at PSEG Power in the three and six months ended June 30, 2021. See Note 4. Early Plant Retirements/Asset Dispositions and Impairments for additional information. Also includes net after-tax losses of $74 million and $206 million for the three months ended June 30, 2022 and 2021, respectively, and $682 million and $240 million for the six months ended June 30, 2022 and 2021, respectively, related to the impacts of non-trading commodity mark-to-market activity, which consist of the financial impact from positions with future delivery dates.