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Earnings Per Share (EPS) And Dividends (Basic And Diluted Earnings Per Share Computation) (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Earnings Per Share, Diluted [Line Items]      
Net Income (Loss) [1],[2] $ 2,563 $ 1,031 $ (648)
Effect of Stock Based Compensation Awards, Basic 0 0 0
Total Shares, Basic 498,000 498,000 504,000
Effect of Stock Based Compensation Awards, Diluted 2,000 3,000 0
Total Shares, Diluted 500,000 501,000 504,000
Weighted Average Common Shares Outstanding Before Various Effects Basic 498,000 498,000 504,000
Weighted Average Common Shares Outstanding Before Various Effects Diluted 498,000 498,000 504,000
Earnings Per Share, Basic $ 5.15 $ 2.07 $ (1.29)
Earnings Per Share, Diluted $ 5.13 $ 2.06 $ (1.29)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 3,000    
Payments for Repurchase of Common Stock $ 0 $ 500 $ 0
Treasury Stock, Shares, Acquired   7,400  
[1] Includes a $239 million after-tax pension charge due to the remeasurement of the qualified pension plans as a result of the pension settlement transaction in the third quarter of 2023. Includes after-tax impairments of $92 million related to certain Energy Holdings investments and additional adjustments related to the sale of PSEG Power’s fossil generation assets in the year ended December 31, 2022. Includes after-tax impairment losses and other charges, including debt extinguishment costs, related to the sale of the fossil generating assets at PSEG Power of $2,158 million in the year ended December 31, 2021. See Note 3. Asset Dispositions and Impairments for additional information.
[2] Includes net after-tax gain (loss) of $959 million, $(457) million and $(446) million in the years ended December 31, 2023, 2022 and 2021, respectively at PSEG Power related to the impacts of non-trading commodity mark-to-market activity, which consists of the financial impact from positions with future delivery dates.