XML 108 R152.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Earnings Per Share (EPS) And Dividends (Basic And Diluted Earnings Per Share Computation) (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Earnings Per Share, Diluted [Line Items]                      
Net Income                 $ 1,693 $ 1,438 $ 1,574
Effect of Stock Based Compensation Awards, Basic                 0 0 0
Total Shares, Basic 504,000 504,000 504,000 504,000 504,000 504,000 504,000 504,000 504,000 504,000 505,000
Effect of Stock Based Compensation Awards, Diluted                 3,000 3,000 2,000
Total Shares, Diluted 507,000 507,000 507,000 507,000 508,000 507,000 507,000 507,000 507,000 507,000 507,000
Weighted Average Common Shares Outstanding Before Various Effects Basic                 504,000 504,000 505,000
Weighted Average Common Shares Outstanding Before Various Effects Diluted                 504,000 504,000 505,000
Earnings Per Share, Basic $ 0.86 [1] $ 0.80 $ 0.30 [2] $ 1.39 $ 0.39 [1] $ 0.82 $ 0.53 [2] $ 1.11 $ 3.35 $ 2.85 $ 3.12
Earnings Per Share, Diluted $ 0.86 [1] $ 0.79 $ 0.30 [2] $ 1.38 $ 0.39 [1] $ 0.81 $ 0.53 [2] $ 1.10 $ 3.33 $ 2.83 $ 3.10
[1] The increase in Net Income at PSEG consolidated and PSEG Power in the fourth quarter of 2019 as compared to the same quarter in 2018 was primarily due to net gains in 2019 as compared to net losses in 2018 on equity securities in PSEG Power’s NDT Fund.
[2] The decrease in Operating Income and Net Income at PSEG consolidated and PSEG Power in the second quarter of 2019 as compared to the same quarter in 2018 was primarily due to the loss in 2019 related to the sale of PSEG Power’s ownership interests in the Keystone and Conemaugh fossil generation plants, offsetting MTM net gains in 2019 as compared to net losses in 2018.