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Trust Investments (Tables)
 9 Months Ended
Sep. 30, 2022
Schedule of Trust Investments [Line Items]  
Fair Values And Gross Unrealized Gains And Losses For The Securities Held In The NDT Fund
The following tables show the fair values and gross unrealized gains and losses for the securities held in the NDT Fund.
 As of September 30, 2022
CostGross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
 Millions
Equity Securities
Domestic $495 $209 $(34)$670 
International330 41 (52)319 
Total Equity Securities825 250 (86)989 
Available-for-Sale Debt Securities
Government 703 — (101)602 
Corporate614 — (81)533 
Total Available-for-Sale Debt Securities1,317 — (182)1,135 
Total NDT Fund Investments (A)$2,142 $250 $(268)$2,124 
(A)The NDT Fund Investments table excludes cash and foreign currency of $1 million as of September 30, 2022, which is part of the NDT Fund.
As of December 31, 2021
CostGross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
Millions
Equity Securities
Domestic$491 $363 $(3)$851 
International346 119 (15)450 
Total Equity Securities837 482 (18)1,301 
Available-for-Sale Debt Securities
Government 683 12 (8)687 
Corporate637 16 (6)647 
Total Available-for-Sale Debt Securities1,320 28 (14)1,334 
Total NDT Fund Investments (A)$2,157 $510 $(32)$2,635 
(A)The NDT Fund Investments table excludes foreign currency of $2 million as of December 31, 2021, which is part of the NDT Fund.
Schedule Of Accounts Receivable And Accounts Payable in the NDT Funds The amounts in the preceding tables do not include receivables and payables for NDT Fund transactions which have not settled
at the end of each period. Such amounts are included in Accounts Receivable and Accounts Payable on the Condensed Consolidated Balance Sheets as shown in the following table.
As ofAs of
September 30,
2022		December 31,
2021
Millions
Accounts Receivable$15 $11 
Accounts Payable$9 $11 
Value Of Securities That Have Been In An Unrealized Loss Position For Less Than And Greater Than 12 Months
The following table shows the value of securities in the NDT Fund that have been in an unrealized loss position for less than and greater than 12 months.
As of September 30, 2022As of December 31, 2021
Less Than 12
Months		Greater Than 12
Months		Less Than 12
Months		Greater Than 12
Months
Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses
Millions
Equity Securities (A)
Domestic$199 $(33)$2 $(1)$69 $(3)$— $— 
International133 (35)25 (17)76 (13)9 (2)
Total Equity Securities 332 (68)27 (18)145 (16)9 (2)
Available-for-Sale Debt Securities
Government (B)396 (59)193 (42)332 (5)67 (3)
Corporate (C)360 (49)162 (32)306 (4)30 (2)
Total Available-for-Sale Debt Securities756 (108)355 (74)638 (9)97 (5)
NDT Trust Investments$1,088 $(176)$382 $(92)$783 $(25)$106 $(7)
(A)Equity Securities—Investments in marketable equity securities within the NDT Fund are primarily in common stocks within a broad range of industries and sectors. Unrealized gains and losses on these securities are recorded in Net Income.
(B)Debt Securities (Government)—Unrealized gains and losses on these securities are recorded in Accumulated Other Comprehensive Income (Loss). The unrealized losses on PSEG Power’s NDT investments in U.S. Treasury obligations and Federal Agency mortgage-backed securities were caused by interest rate changes. PSEG Power also has investments in municipal bonds. It is not expected that these securities will settle for less than their amortized cost. PSEG Power does not intend to sell these securities nor will it be more-likely-than-not required to sell before recovery of their amortized cost. PSEG Power did not recognize credit losses for U.S. Treasury obligations and Federal Agency mortgage-backed securities because these investments are guaranteed by the U.S. government or an agency of the U.S. government. PSEG Power did not recognize credit losses for municipal bonds because they are primarily investment grade securities.
(C)Debt Securities (Corporate)—Unrealized gains and losses on these securities are recorded in Accumulated Other Comprehensive Income (Loss). Unrealized losses were due to market declines. It is not expected that these securities would settle for less than their amortized cost. PSEG Power does not intend to sell these securities nor will it be more-likely-than-not required to sell before recovery of their amortized cost. PSEG Power did not recognize credit losses for these corporate bonds because they are primarily investment grade securities.
Proceeds From The Sales Of And The Net Realized Gains On Securities In The NDT Funds And Rabbi Trusts
The proceeds from the sales of and the net gains (losses) on securities in the NDT Fund were:
Three Months EndedNine Months Ended
September 30,September 30,
2022202120222021
Millions
Proceeds from NDT Fund Sales (A)$404 $387 $1,218 $1,522 
Net Realized Gains (Losses) on NDT Fund
Gross Realized Gains$13 $32 $63 $194 
Gross Realized Losses(38)(17)(103)(55)
Net Realized Gains (Losses) on NDT Fund (B)(25)15 (40)139 
Net Unrealized Gains (Losses) on Equity Securities(70)(33)(301)(20)
Net Gains (Losses) on NDT Fund Investments $(95)$(18)$(341)$119 
(A)Includes activity in accounts related to the liquidation of funds being transitioned within the trust.
(B)The cost of these securities was determined on the basis of specific identification.
Amount Of Available-For-Sale Debt Securities By Maturity Periods
The NDT Fund debt securities held as of September 30, 2022 had the following maturities:
Time FrameFair Value
 Millions
Less than one year$8 
1 - 5 years316 
6 - 10 years209 
11 - 15 years66 
16 - 20 years91 
Over 20 years445 
Total NDT Available-for-Sale Debt Securities$1,135 
Rabbi Trust [Member]  
Schedule of Trust Investments [Line Items]  
Value Of Securities That Have Been In An Unrealized Loss Position For Less Than And Greater Than 12 Months
The following table shows the value of securities in the Rabbi Trust Fund that have been in an unrealized loss position for less than 12 months and greater than 12 months.
 As of September 30, 2022As of December 31, 2021
 Less Than 12
Months		Greater Than 12
Months		Less Than 12
Months		Greater Than 12
Months
 Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses
 Millions
Available-for-Sale Debt Securities
Government (A)$58 $(14)$31 $(7)$57 $— $16 $(1)
Corporate (B)52 (13)20 (4)40 (1)5 — 
Total Available-for-Sale Debt Securities110 (27)51 (11)97 (1)21 (1)
Rabbi Trust Investments$110 $(27)$51 $(11)$97 $(1)$21 $(1)
(A)Debt Securities (Government)—Unrealized gains and losses on these securities are recorded in Accumulated Other Comprehensive Income (Loss). The unrealized losses on PSEG’s Rabbi Trust investments in U.S. Treasury obligations and Federal Agency mortgage-backed securities were caused by interest rate changes. PSEG also has investments in municipal bonds. It is not expected that these securities will settle for less than their amortized cost. PSEG does not intend to sell these securities nor will it be more-likely-than-not required to sell before recovery of their amortized cost. PSEG did not recognize credit losses for U.S. Treasury obligations and Federal Agency mortgage-backed securities because these investments are guaranteed by the U.S. government or an agency of the U.S. government. PSEG did not recognize credit losses for municipal bonds because they are primarily investment grade securities.
(B)Debt Securities (Corporate)—Unrealized gains and losses on these securities are recorded in Accumulated Other Comprehensive Income (Loss). Unrealized losses were due to market declines. It is not expected that these securities would settle for less than their amortized cost. PSEG does not intend to sell these securities nor will it be more-likely-than-not required to sell before recovery of their amortized cost. PSEG did not recognize credit losses for these corporate bonds because they are primarily investment grade.
Securities Held In The Rabbi Trusts The following tables show the fair values, gross unrealized gains and losses and amortized cost basis for the securities held in the Rabbi Trust.
As of September 30, 2022
CostGross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
Millions
Domestic Equity Securities$15 $5 $— $20 
Available-for-Sale Debt Securities
Government111 — (21)90 
Corporate89 — (17)72 
Total Available-for-Sale Debt Securities200 — (38)162 
Total Rabbi Trust Investments$215 $5 $(38)$182 
As of December 31, 2021
CostGross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
Millions
Domestic Equity Securities$14 $12 $— $26 
Available-for-Sale Debt Securities
Government107 1 (1)107 
Corporate105 5 (1)109 
Total Available-for-Sale Debt Securities212 6 (2)216 
Total Rabbi Trust Investments$226 $18 $(2)$242 
Schedule of Accounts Receivable and Accounts Payable in the Rabbi Trust Funds [Table Text Block]
The amounts in the preceding tables do not include receivables and payables for Rabbi Trust Fund transactions which have not settled at the end of each period. Such amounts are included in Accounts Receivable and Accounts Payable on the Condensed Consolidated Balance Sheets as shown in the following table.
As ofAs of
September 30,
2022		December 31,
2021
 Millions
Accounts Receivable$1 $1 
Accounts Payable$— $— 
Proceeds From The Sales Of And The Net Realized Gains On Securities In The NDT Funds And Rabbi Trusts
The proceeds from the sales of and the net gains (losses) on securities in the Rabbi Trust Fund were:
Three Months EndedNine Months Ended
September 30,September 30,
2022202120222021
Millions
Proceeds from Rabbi Trust Sales$15 $41 $63 $135 
Net Realized Gains (Losses) on Rabbi Trust:
Gross Realized Gains$— $4 $3 $11 
Gross Realized Losses(1)(3)(7)(6)
Net Realized Gains (Losses) on Rabbi Trust (A)(1)1 (4)5 
Net Unrealized Gains (Losses) on Equity Securities (1)— (7)— 
Net Gains (Losses) on Rabbi Trust Investments $(2)$1 $(11)$5 
(A)The cost of these securities was determined on the basis of specific identification.
Amount Of Available-For-Sale Debt Securities By Maturity Periods
The Rabbi Trust debt securities held as of September 30, 2022 had the following maturities:
Time FrameFair Value
 Millions
Less than one year$— 
1 - 5 years29 
6 - 10 years24 
11 - 15 years7 
16 - 20 years16 
Over 20 years86 
Total Rabbi Trust Available-for-Sale Debt Securities$162 
Fair Value Of The Rabbi Trusts
The fair value of the Rabbi Trust related to PSEG and PSE&G is detailed as follows:
As ofAs of
September 30,
2022		December 31,
2021
 Millions
PSE&G$32 $43 
Other150 199 
Total Rabbi Trust Investments$182 $242