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Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating Revenues $ 2,316 $ 2,016 $ 5,296 $ 4,834
Operating Expenses [Abstract]        
Energy Costs 704 600 1,828 1,552
Operation and Maintenance 750 725 1,506 1,479
Depreciation and Amortization 307 280 621 560
Loss on Asset Dispositions 395 0 395 0
Total Operating Expenses 2,156 1,605 4,350 3,591
OPERATING INCOME 160 411 946 1,243
Income from Equity Method Investments 5 5 7 7
Net Gains (Losses) on Trust Investments 39 8 167 (14)
Other Income (Deductions) 33 34 66 66
Non-Operating Pension and OPEB Credits (Costs) 33 19 66 38
Interest Expense (137) (111) (270) (214)
Income Before Income Taxes 133 366 982 1,126
Income Tax Benefit (Expense) 20 (97) (129) (299)
Net Income $ 153 $ 269 $ 853 $ 827
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
BASIC (shares) 504 504 504 504
DILUTED (shares) 507 507 507 507
EARNINGS PER SHARE:        
BASIC (dollars per share) $ 0.30 $ 0.53 $ 1.69 $ 1.64
DILUTED (dollars per share) $ 0.30 $ 0.53 $ 1.68 $ 1.63
Public Service Electric and Gas Company [Member]        
Operating Revenues $ 1,382 $ 1,386 $ 3,414 $ 3,231
Operating Expenses [Abstract]        
Energy Costs 529 488 1,476 1,270
Operation and Maintenance 369 353 777 744
Depreciation and Amortization 202 187 414 377
Total Operating Expenses 1,100 1,028 2,667 2,391
OPERATING INCOME 282 358 747 840
Net Gains (Losses) on Trust Investments 0 0 1 0
Other Income (Deductions) 19 20 38 40
Non-Operating Pension and OPEB Credits (Costs) 29 15 59 30
Interest Expense (89) (82) (176) (163)
Income Before Income Taxes 241 311 669 747
Income Tax Benefit (Expense) (14) (80) (39) (197)
Net Income 227 231 630 550
PSEG Power [Member]        
Operating Revenues 1,083 767 2,499 2,170
Operating Expenses [Abstract]        
Energy Costs 411 373 1,197 1,119
Operation and Maintenance 268 268 503 514
Depreciation and Amortization 95 84 189 166
Loss on Asset Dispositions 395   395 0
Total Operating Expenses 1,169 725 2,284 1,799
OPERATING INCOME (86) 42 215 371
Income from Equity Method Investments 5 5 7 7
Net Gains (Losses) on Trust Investments 38 8 164 (14)
Other Income (Deductions) 15 13 28 24
Non-Operating Pension and OPEB Credits (Costs) 3 3 6 7
Interest Expense (26) (11) (51) (18)
Income Before Income Taxes (51) 60 369 377
Income Tax Benefit (Expense) 11 (19) (113) (102)
Net Income $ (40) $ 41 $ 256 $ 275