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Condensed Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and Cash Equivalents $ 2,207 $ 818
Accounts Receivable, net of allowance 1,998 1,859
Tax Receivable 8 9
Unbilled Revenues, net of allowance 217 217
Fuel 250 296
Materials and Supplies, net 484 448
Prepayments 331 63
Derivative Contracts 131 72
Regulatory Assets 491 364
Assets Held-for-sale 0 2,060
Other 50 44
Total Current Assets 6,167 6,250
PROPERTY, PLANT AND EQUIPMENT 44,890 43,684
Less: Accumulated Depreciation and Amortization (9,731) (9,318)
Net Property, Plant and Equipment 35,159 34,366
NONCURRENT ASSETS    
Regulatory Assets 3,754 3,605
Operating Lease, Right-of-Use Asset 189 201
Long-Term Investments 577 541
Nuclear Decommissioning Trust (NDT) Fund 2,266 2,637
Long-Term Tax Receivable 47 47
Long-Term Receivable of Variable Interest Entities (VIEs) 839 828
Rabbi Trust Fund 197 242
Other Intangibles 38 20
Derivative Contracts 59 28
Other 316 234
Total Noncurrent Assets 8,282 8,383
Total Assets 49,608 48,999
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 1,200 700
Commercial Paper and Loans 3,313 3,519
Accounts Payable 1,214 1,315
Derivative Contracts 220 17
Accrued Interest 127 121
Accrued Taxes 39 67
Clean Energy Program 230 146
Obligation to Return Cash Collateral 731 179
Regulatory Liabilities 341 388
Liabilities Held-for-Sale 0 144
Other 519 476
Total Current Liabilities 7,934 7,072
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 5,474 5,759
Regulatory Liabilities 2,403 2,497
Operating Leases 179 191
Asset Retirement Obligations 1,600 1,573
Environmental Costs 231 245
Derivative Contracts 30 17
Long-Term Accrued Taxes 69 100
Other 181 184
Total Noncurrent Liabilities 11,775 12,270
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT    
Total Long-Term Debt 16,471 15,219
STOCKHOLDER'S EQUITY    
Common Stock, Value, Issued 5,038 5,045
Treasury Stock, at cost (1,382) (896)
Retained Earnings 10,227 10,639
Accumulated Other Comprehensive Income (Loss) (455) (350)
Total Stockholder's Equity 13,428 14,438
Total Capitalization 29,899 29,657
TOTAL LIABILITIES AND CAPITALIZATION $ 49,608 $ 48,999
Treasury Stock, Shares 37 30
Consolidated Entity Excluding Variable Interest Entities (VIE)    
NONCURRENT LIABILITIES    
OPEB Costs $ 558 $ 572
Accrued Pension Costs 226 318
Variable Interest Entity, Primary Beneficiary    
NONCURRENT LIABILITIES    
OPEB Costs 655 640
Accrued Pension Costs 169 174
Public Service Electric and Gas Company [Member]    
CURRENT ASSETS    
Cash and Cash Equivalents 953 294
Accounts Receivable, net of allowance 989 1,050
Unbilled Revenues, net of allowance 217 217
Materials and Supplies, net 261 233
Prepayments 216 15
Regulatory Assets 491 364
Other 32 33
Total Current Assets 3,159 2,206
PROPERTY, PLANT AND EQUIPMENT 39,725 38,588
Less: Accumulated Depreciation and Amortization (7,927) (7,640)
Net Property, Plant and Equipment 31,798 30,948
NONCURRENT ASSETS    
Regulatory Assets 3,754 3,605
Operating Lease, Right-of-Use Asset 90 92
Long-Term Investments 164 181
Rabbi Trust Fund 35 43
Other 181 123
Total Noncurrent Assets 4,224 4,044
Total Assets 39,181 37,198
CURRENT LIABILITIES    
Long-Term Debt Due Within One Year 500 0
Accounts Payable 697 571
Accounts Payable-Affiliated Companies 251 418
Accrued Interest 111 107
Clean Energy Program 230 146
Obligation to Return Cash Collateral 731 179
Regulatory Liabilities 341 388
Other 426 376
Total Current Liabilities 3,287 2,185
NONCURRENT LIABILITIES    
Deferred Income Taxes and Investment Tax Credits (ITC) 5,117 4,874
Regulatory Liabilities 2,403 2,497
Operating Leases 81 83
Asset Retirement Obligations 364 363
OPEB Costs 339 354
Accrued Pension Costs 78 132
Environmental Costs 178 191
Long-Term Accrued Taxes 7 6
Other 150 145
Total Noncurrent Liabilities 8,717 8,645
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT    
Total Long-Term Debt 11,794 11,795
STOCKHOLDER'S EQUITY    
Common Stock, Value, Issued 892 892
Contributed Capital 1,170 1,170
Basis Adjustment 986 986
Retained Earnings 12,338 11,524
Accumulated Other Comprehensive Income (Loss) (3) 1
Total Stockholder's Equity 15,383 14,573
Total Capitalization 27,177 26,368
TOTAL LIABILITIES AND CAPITALIZATION $ 39,181 $ 37,198