Intangibles (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill [Line Items]

Schedule of Intangibles

The changes to PSEG’s intangible assets during 2021 and 2022 are as follows:

	Emissions Allowances		RECs		Total Intangibles
	Millions
Balance as of January 1, 2021	$	112	$	46	$	158
Retirements	(58)		(114)		(172)
Purchases	9		89		98
Sales and Transfers (A)	(62)		(1)		(63)
Impairments	(1)		—		(1)
Balance as of December 31, 2021	$	—	$	20	$	20
Retirements	—		(76)		(76)
Purchases	—		70		70
Balance as of December 31, 2022	$	—	$	14	$	14

(A)Includes $52 million classified as Assets Held for Sale. See Note 4. Early Plant Retirements/Asset Dispositions and Impairments.