XML 89 R74.htm IDEA: XBRL DOCUMENT v3.22.2.2
Debt and Credit Facilities Debt and Credit Facilities (Short-Term Liquidity) (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Oct. 31, 2022
Dec. 31, 2021
Jun. 30, 2021
Commercial Paper $ 2,235     $ 3,519  
Commitments of Single Institution as Percentage of Total Commitments 10.00%        
Line of Credit Facility, Remaining Borrowing Capacity [1] $ 3,406        
Line of Credit Facility, Maximum Borrowing Capacity [1] 4,150        
Line of Credit Facility, Fair Value of Amount Outstanding [1],[2] 744        
Proceeds from Short-Term Loan 2,000 $ 2,500      
Repayments of Short-term Debt 2,500 300      
Collateral Already Posted, Aggregate Fair Value 2,161     844  
Net Change in Commercial Paper and Loans (784) 442      
Public Service Electric and Gas Company [Member]          
Line of Credit Facility, Remaining Borrowing Capacity 982        
Line of Credit Facility, Maximum Borrowing Capacity 1,000        
Line of Credit Facility, Fair Value of Amount Outstanding 18        
Net Change in Commercial Paper and Loans 0 $ (100)      
PSEG Power [Member]          
Line of Credit Facility, Remaining Borrowing Capacity 1,161        
Line of Credit Facility, Maximum Borrowing Capacity 1,650        
Line of Credit Facility, Fair Value of Amount Outstanding 489        
Collateral Already Posted, Aggregate Fair Value 2,200       $ 343
PSEG Power [Member] | Subsequent Event [Member]          
Collateral Already Posted, Aggregate Fair Value     $ 1,700    
Five Year Credit Facility Maturing March 2023 [Member] | Public Service Electric and Gas Company [Member]          
Line of Credit Facility, Remaining Borrowing Capacity $ 982        
Debt Instrument, Maturity Date, Description Mar 2027        
Line of Credit Facility, Maximum Borrowing Capacity $ 1,000     600  
Line of Credit Facility, Fair Value of Amount Outstanding [2] 18        
Five Year Credit Facility Maturing March 2023 [Member] | PSEG Power [Member]          
Line of Credit Facility, Remaining Borrowing Capacity $ 1,133        
Debt Instrument, Maturity Date, Description Mar 2027        
Line of Credit Facility, Maximum Borrowing Capacity [3] $ 1,250        
Line of Credit Facility, Fair Value of Amount Outstanding 117        
Five Year Credit Facility Maturing March 2023 [Member] | Parent and PSEG Power          
Line of Credit Facility, Maximum Borrowing Capacity 2,750     $ 3,400  
Letter of Credit Facilities expiring September 2022 | PSEG Power [Member]          
Line of Credit Facility, Remaining Borrowing Capacity $ 4        
Debt Instrument, Maturity Date, Description Sept 2024        
Line of Credit Facility, Maximum Borrowing Capacity $ 100        
Line of Credit Facility, Fair Value of Amount Outstanding 196        
Letter of Credit Facilities expiring April 2024 | PSEG Power [Member]          
Line of Credit Facility, Remaining Borrowing Capacity $ 15        
Debt Instrument, Maturity Date, Description Apr 2024        
Line of Credit Facility, Maximum Borrowing Capacity $ 100        
Line of Credit Facility, Fair Value of Amount Outstanding 85        
Letter of Credit Facilities expiring April 2025 | PSEG Power [Member]          
Line of Credit Facility, Remaining Borrowing Capacity $ 9        
Debt Instrument, Maturity Date, Description Apr 2025        
Line of Credit Facility, Maximum Borrowing Capacity $ 100        
Line of Credit Facility, Fair Value of Amount Outstanding 91        
Letter of Credit Facilities expiring September 2024 | PSEG Power [Member]          
Line of Credit Facility, Maximum Borrowing Capacity 200        
Uncommitted Letter of Credit Facility | PSEG Power [Member]          
Line of Credit Facility, Maximum Borrowing Capacity 200        
March 2021 Term Loan          
Repayments of Short-term Debt 500        
May 2021 Term Loan          
Repayments of Short-term Debt 750        
August 2021 Term Loan          
Repayments of Short-term Debt 1,250        
April 2022 Term Loan          
Proceeds from Short-Term Loan 1,500        
May 2022 Term Loan          
Proceeds from Short-Term Loan 500        
PSEG [Member]          
Line of Credit Facility, Remaining Borrowing Capacity 1,263        
Line of Credit Facility, Maximum Borrowing Capacity 1,500        
Line of Credit Facility, Fair Value of Amount Outstanding 237        
PSEG [Member] | Five Year Credit Facility Maturing March 2023 [Member]          
Line of Credit Facility, Remaining Borrowing Capacity $ 1,263        
Debt Instrument, Maturity Date, Description Mar 2027        
Line of Credit Facility, Maximum Borrowing Capacity [3] $ 1,500        
Line of Credit Facility, Fair Value of Amount Outstanding [2] 237        
PSEG [Member] | Five Year Credit Facility Maturing March 2023 [Member]          
Commercial Paper $ 235        
Short-term Debt, Weighted Average Interest Rate, at Point in Time 3.10%        
[1] Amounts do not include uncommitted credit facilities.
[2] The primary use of PSEG’s and PSE&G’s credit facilities is to support their respective Commercial Paper Programs, under which as of September 30, 2022, PSEG had $235 million outstanding at a weighted average interest rate of 3.10%. PSE&G had no Commercial Paper outstanding as of September 30, 2022.
[3] Master Credit Facility with sub-limits of $1.5 billion for PSEG and $1.25 billion for PSEG Power.