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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues $ 2,760 $ 3,755
Operating Expenses [Abstract]    
Energy Costs 997 1,082
Operation and Maintenance 783 743
Depreciation and Amortization 295 282
Total Operating Expenses 2,075 2,107
OPERATING INCOME (LOSS) 685 1,648
Income from Equity Method Investments 0 1
Net Gains (Losses) on Trust Investments 95 46
Other Income (Deductions) 35 42
Non-Operating Pension and OPEB Credits (Costs) 19 28
Interest Expense (205) (180)
Income Before Income Taxes 629 1,585
Income Tax Benefit (Expense) (97) (298)
Net Income (Loss) [1] $ 532 $ 1,287
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
BASIC (shares) 499 497
DILUTED (shares) 500 500
EARNINGS PER SHARE:    
BASIC (dollars per share) $ 1.07 $ 2.59
DILUTED (dollars per share) $ 1.06 $ 2.58
Public Service Electric and Gas Company [Member]    
Operating Revenues $ 2,333 $ 2,293
Operating Expenses [Abstract]    
Energy Costs 928 984
Operation and Maintenance 465 460
Depreciation and Amortization 257 244
Total Operating Expenses 1,650 1,688
OPERATING INCOME (LOSS) 683 605
Other Income (Deductions) 16 21
Non-Operating Pension and OPEB Credits (Costs) 19 28
Interest Expense (138) (113)
Income Before Income Taxes 580 541
Income Tax Benefit (Expense) (92) (54)
Net Income (Loss) $ 488 $ 487
[1] Includes net after-tax gains (losses) of $(186) million and $555 million for the three months ended March 31, 2024 and 2023, respectively, at PSEG Power related to the impacts of non-trading commodity mark-to-market activity, which consist of the financial impact from positions with future delivery dates.