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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income [1] $ 129 $ 471
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 552 663
Amortization of Nuclear Fuel 93 94
(Gains) Losses on Asset Dispositions and Impairments 38 457
Emission Allowances and Renewable Energy Credit Compliance Accrual 40 82
Provision for Deferred Income Taxes and ITC (385) (205)
Non-Cash Employee Benefit Plan (Credits) Costs (120) (89)
Leveraged Lease (Income), (Gains) and Losses, Adjusted for Rents Received and Deferred Taxes 25 6
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives 951 331
Payments for Removal Costs (63) (60)
Net Change in Regulatory Assets and Liabilities (188) (24)
Net Realized (Gains) Losses and (Income) Expense from NDT Fund 222 (158)
Net Change in Certain Current Assets and Liabilities:    
Tax Receivable 1 56
Accrued Taxes (98) 30
Margin Deposit (1,244) (289)
Prepayments (199) (200)
Obligation to Return Cash Collateral 552 3
Other Current Assets and Liabilities 130 (124)
Employee Benefit Plan Funding and Related Payments (16) (8)
Other 64 (13)
Net Cash Provided By (Used In) Operating Activities 356 1,049
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (1,291) (1,303)
Proceeds from Sale of Trust Investments 862 1,229
Purchases of Trust Investments (876) (1,223)
Proceeds from Sales of Long-Lived Assets and Lease Investments 1,890 565
Other (54) (61)
Net Cash Provided By (Used In) Investing Activities 531 (793)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans (956) (563)
Proceeds from Short-Term Loan 2,000 1,250
Repayments of Short-term Debt (1,250) (300)
Proceeds from Issuance of Other Long-term Debt 1,750 900
Redemption of Long-term Debt 0 (1,384)
Payments for Share Repurchase Program (500) 0
Cash Dividends Paid on Common Stock (541) (516)
Other (7) (71)
Net Cash Provided By (Used In) Financing Activities 496 (684)
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash 1,383 (428)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 863 572
Cash, Cash Equivalents and Restricted Cash at End of Period 2,246 144
Supplemental Disclosure of Cash Flow Information:    
Income Taxes Paid (Received) 325 143
Interest Paid, Net of Amounts Capitalized 276 279
Accrued Property, Plant and Equipment Expenditures 381 309
Public Service Electric and Gas Company [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income 814 786
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 468 472
Provision for Deferred Income Taxes and ITC 80 63
Non-Cash Employee Benefit Plan (Credits) Costs (90) (78)
Payments for Removal Costs (63) (60)
Net Change in Regulatory Assets and Liabilities (188) (24)
Net Change in Certain Current Assets and Liabilities:    
Accounts Receivable and Unbilled Revenues 11 35
Fuel, Materials and Supplies (27) (10)
Prepayments (201) (190)
Obligation to Return Cash Collateral 552 3
Accounts Payable 71 (62)
Accounts Receivable/Payable-Affiliated Companies, net (133) (138)
Other Current Assets and Liabilities 52 (68)
Employee Benefit Plan Funding and Related Payments (8) (1)
Other 26 48
Net Cash Provided By (Used In) Operating Activities 1,312 680
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to Property, Plant and Equipment (1,171) (1,219)
Proceeds from Sale of Trust Investments 9 21
Purchases of Trust Investments (8) (15)
Solar Loan Investments 13 12
Other 3 7
Net Cash Provided By (Used In) Investing Activities (1,154) (1,194)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Commercial Paper and Loans 0 (100)
Proceeds from Issuance of Other Long-term Debt 500 900
Redemption of Long-term Debt 0 (434)
Other (5) (8)
Net Cash Provided By (Used In) Financing Activities 495 358
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash 653 (156)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 339 233
Cash, Cash Equivalents and Restricted Cash at End of Period 992 77
Supplemental Disclosure of Cash Flow Information:    
Income Taxes Paid (Received) 104 150
Interest Paid, Net of Amounts Capitalized 200 190
Accrued Property, Plant and Equipment Expenditures $ 349 $ 240
[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.