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ORGANIZATION AND BASIS OF PRESENTATION - Regulatory Assets on the Balance Sheet (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Regulatory assets on the Balance Sheets    
Regulatory liability $ (1,214) $ (1,847)
Regulatory assets 369 33
Net Regulatory Liabilities included on the Consolidated Balance Sheets (845) (1,814)
Change 969  
Current Return 1,197 997
Change 200  
Customer payables for future income taxes    
Regulatory assets on the Balance Sheets    
Regulatory liability (2,382) (2,463)
Change 81  
Spent nuclear fuel disposal costs    
Regulatory assets on the Balance Sheets    
Regulatory liability (83) (83)
Change 0  
Asset removal costs    
Regulatory assets on the Balance Sheets    
Regulatory liability (652) (675)
Change 23  
Deferred transmission costs    
Regulatory assets on the Balance Sheets    
Regulatory assets 286 50
Change 236  
Current Return 6 8
Change (2)  
Deferred generation costs    
Regulatory assets on the Balance Sheets    
Regulatory assets 572 235
Change 337  
Current Return 432 262
Change 170  
Deferred distribution costs    
Regulatory assets on the Balance Sheets    
Regulatory assets 247 164
Change 83  
Current Return 68 27
Change 41  
Storm-related costs    
Regulatory assets on the Balance Sheets    
Regulatory assets 799 683
Change 116  
Current Return 602 568
Change 34  
Uncollectible and pandemic-related costs    
Regulatory assets on the Balance Sheets    
Current Return 35 45
Change (10)  
Energy efficiency program costs    
Regulatory assets on the Balance Sheets    
Regulatory assets 198 94
Change 104  
New Jersey societal benefit costs    
Regulatory assets on the Balance Sheets    
Regulatory assets 79 94
Change (15)  
Vegetation management    
Regulatory assets on the Balance Sheets    
Regulatory assets 102 63
Change 39  
Current Return 21 52
Change (31)  
Other    
Regulatory assets on the Balance Sheets    
Regulatory liability (11)  
Regulatory assets   24
Change (35)  
Current Return 33 $ 35
Change $ (2)