Asset Retirement Obligations (AROs) (Tables)

12 Months Ended

Dec. 31, 2023

Asset Retirement Obligation [Abstract]

Impact Of The Revisions On Asset Retirement Obligation

The changes to the ARO liabilities for PSEG and PSE&G during 2022 and 2023 are presented in the following table:

	PSEG		PSE&G		PSEG Power & Other
	Millions
ARO Liability as of January 1, 2022	$	1,573	$	363	$	1,210
Liabilities Settled	(15)		(15)		—
Accretion Expense	50		—		50
Accretion Expense Deferred and Recovered in Rate Base (A)	17		17		—
Revision to Present Values of Estimated Cash Flows	(126)		19		(145)
ARO Liability as of December 31, 2022	$	1,499	$	384	$	1,115
Liabilities Settled	$	(13)	$	(13)	$	—
Accretion Expense	51		—		51
Accretion Expense Deferred and Recovered in Rate Base (A)	16		16		—
Revision to Present Values of Estimated Cash Flows	(85)		14		(99)
ARO Liability as of December 31, 2023	$	1,468	$	401	$	1,067

(A)Not reflected as expense in Consolidated Statements of Operations.