XML 59 R36.htm IDEA: XBRL DOCUMENT v3.22.4
Valuation And Qualifying Accounts
12 Months Ended
Dec. 31, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Valuation And Qualifying Accounts
Schedule II—Valuation and Qualifying Accounts Years Ended December 31, 2022—December 31, 2020
PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
Column AColumn BColumn C AdditionsColumn D Column E
DescriptionBalance at
Beginning of
Period
Charged to
cost and
expenses
Charged to
other
accounts-
describe
Deductions-
describe
Balance at
End of
Period
 Millions
2022
Allowance for Credit Losses$337 $114 (A)$— $112 (B) $339 
Materials and Supplies Valuation Reserve12 — (C)10 
2021
Allowance for Credit Losses$206 $195 (A)$— $64 (B) $337 
Materials and Supplies Valuation Reserve10 — (C) 12 
2020
Allowance for Credit Losses$68 (D)$175 (A)$— $37 (B) $206 
Materials and Supplies Valuation Reserve11 — (C)10 
(A)For a discussion of bad debt recoveries, see Item 8. Note 1. Organization, Basis of Presentation and Significant Accounting Policies.
(B)Accounts Receivable written off.
(C)Reserve reduced to appropriate level as a result of asset dispositions and to remove obsolete inventory.
(D)Includes $8 million due to the adoption of ASU 2016-13.
PUBLIC SERVICE ELECTRIC AND GAS COMPANY
Column AColumn BColumn C AdditionsColumn DColumn E
DescriptionBalance at
Beginning
of Period
Charged to
cost and
expenses
Charged to
other
accounts-
describe
Deductions-
describe
Balance at
End of
Period
Millions
2022
Allowance for Credit Losses$337 $114 (A)$— $112 (B)$339 
Materials and Supplies Valuation Reserve— — 
2021
Allowance for Credit Losses
$206 $195 (A)$— $64 (B)$337 
Materials and Supplies Valuation Reserve— (C)
2020
Allowance for Credit Losses$68 (D)$175 (A)$— $37 (B)$206 
Materials and Supplies Valuation Reserve— — — 
(A)For a discussion of bad debt recoveries, see Item 8. Note 1. Organization, Basis of Presentation and Significant Accounting Policies.
(B)Accounts Receivable written off.
(C)Reserve reduced to appropriate level and to remove obsolete inventory.
(D)Includes $8 million due to the adoption of ASU 2016-13.