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Condensed Consolidated Statements Of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net Income (Loss) [1] $ 114 $ (1,564) $ 243 $ (1,093)
Other Comprehensive Income (Loss), net of tax        
Unrealized Gains (Losses) on Available-for-Sale Securities, net of tax (expense) benefit (39) (7) (146) (33)
Unrealized Gains (Losses) on Cash Flow Hedges, net of tax (expense) benefit 1 1 2 2
Pension/Other Postretirement Benefit (OPEB) adjustment, net of tax (expense) benefit 0 4 1 11
Other Comprehensive Income (Loss), net of tax (38) (2) (143) (20)
COMPREHENSIVE INCOME (LOSS) 76 (1,566) 100 (1,113)
Public Service Electric and Gas Company [Member]        
Net Income (Loss) 399 389 1,213 1,175
Other Comprehensive Income (Loss), net of tax        
Unrealized Gains (Losses) on Available-for-Sale Securities, net of tax (expense) benefit (2) 0 (6) (2)
Other Comprehensive Income (Loss), net of tax (2) 0 (6) (2)
COMPREHENSIVE INCOME (LOSS) $ 397 $ 389 $ 1,207 $ 1,173
[1] Includes after-tax impairment losses and other charges related to the sale of the Fossil generating assets at PSEG Power of $1,563 million and $1,936 million for the three and nine months ended September 30, 2021. See Note 4. Early Plant Retirements/Asset Dispositions and Impairments for additional information. Also includes net after-tax losses of $214 million and $478 million for the three months ended September 30, 2022 and 2021, respectively, and $896 million and $718 million for the nine months ended September 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. Other includes a $38 million after-tax impairment of assets related to one of Energy Holdings’ generating facilities for the three and nine months ended September 30, 2022.