Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and Cash Equivalents	$ 465	$ 818
Accounts Receivable, net of allowances	1,944	1,859
Tax Receivable	79	9
Unbilled Revenues	322	217
Fuel	420	296
Materials and Supplies, net	540	448
Prepayments	93	63
Derivative Contracts	18	72
Regulatory Assets	369	364
Assets Held for Sale	20	2,060
Other	33	44
Total Current Assets	4,303	6,250
PROPERTY, PLANT AND EQUIPMENT	45,924	43,684
Less: Accumulated Depreciation and Amortization	(9,982)	(9,318)
Net Property, Plant and Equipment	35,942	34,366
NONCURRENT ASSETS
Regulatory Assets	4,404	3,605
Operating Lease, Right-of-Use Asset	176	201
Long-Term Investments	624	541
Nuclear Decommissioning Trust (NDT) Fund	2,230	2,637
Income Taxes Receivable, Noncurrent	5	47
Long-Term Receivable of VIEs	551	828
Rabbi Trust	183	242
Other Intangibles	14	20
Derivative Contracts	15	28
Other	271	234
Total Noncurrent Assets	8,473	8,383
Total Assets	48,718	48,999
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	1,575	700
Commercial Paper and Loans	2,200	3,519
Accounts Payable	1,271	1,315
Derivative Contracts	124	17
Accrued Interest	134	121
Accrued Taxes	12	67
Clean Energy Program	145	146
Obligation to Return Cash Collateral	290	179
Regulatory Liabilities	384	388
Liabilities Held for Sale	0	144
Other	545	476
Total Current Liabilities	6,680	7,072
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)	5,725	5,759
Regulatory Liabilities	2,240	2,497
Operating Leases	169	191
Asset Retirement Obligations	1,499	1,573
Other Postretirement Benefit (OPEB) Costs	410	572
OPEB Costs of Servco	455	640
Accrued Pension Costs	705	318
Accrued Pension Costs of Servco	82	174
Environmental Costs	231	245
Derivative Contracts	33	17
Long-Term Accrued Taxes	66	100
Other	199	184
Total Noncurrent Liabilities	11,814	12,270
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT
Total Long-Term Debt	16,495	15,219
STOCKHOLDER'S EQUITY
Common Stock	5,065	5,045
Treasury Stock, at cost	(1,377)	(896)
Retained Earnings	10,591	10,639
Accumulated Other Comprehensive Income (Loss)	(550)	(350)
Total Stockholder's Equity	13,729	14,438
Total Capitalization	30,224	29,657
TOTAL LIABILITIES AND CAPITALIZATION	48,718	48,999
Public Service Electric and Gas Company
CURRENT ASSETS
Cash and Cash Equivalents	220	294
Accounts Receivable, net of allowances	1,075	1,050
Unbilled Revenues	322	217
Materials and Supplies, net	307	233
Prepayments	7	15
Regulatory Assets	369	364
Other	32	33
Total Current Assets	2,332	2,206
PROPERTY, PLANT AND EQUIPMENT	41,045	38,588
Less: Accumulated Depreciation and Amortization	(8,215)	(7,640)
Net Property, Plant and Equipment	32,830	30,948
NONCURRENT ASSETS
Regulatory Assets	4,404	3,605
Operating Lease, Right-of-Use Asset	86	92
Long-Term Investments	143	181
Rabbi Trust	32	43
Other	133	123
Total Noncurrent Assets	4,798	4,044
Total Assets	39,960	37,198
CURRENT LIABILITIES
Long-Term Debt Due Within One Year	825	0
Accounts Payable	703	571
Accounts Payable-Affiliated Companies	485	418
Accrued Interest	113	107
Clean Energy Program	145	146
Obligation to Return Cash Collateral	290	179
Regulatory Liabilities	384	388
Other	416	376
Total Current Liabilities	3,361	2,185
NONCURRENT LIABILITIES
Deferred Income Taxes and Investment Tax Credits (ITC)	5,348	4,874
Regulatory Liabilities	2,240	2,497
Operating Leases	77	83
Asset Retirement Obligations	384	363
Other Postretirement Benefit (OPEB) Costs	255	354
Accrued Pension Costs	397	132
Environmental Costs	173	191
Long-Term Accrued Taxes	9	6
Other	163	145
Total Noncurrent Liabilities	9,046	8,645
COMMITMENTS AND CONTINGENT LIABILITIES
LONG-TERM DEBT
Total Long-Term Debt	11,871	11,795
STOCKHOLDER'S EQUITY
Common Stock	892	892
Contributed Capital	1,170	1,170
Basis Adjustment	986	986
Retained Earnings	12,639	11,524
Accumulated Other Comprehensive Income (Loss)	(5)	1
Total Stockholder's Equity	15,682	14,573
Total Capitalization	27,553	26,368
TOTAL LIABILITIES AND CAPITALIZATION	$ 39,960	$ 37,198