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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 1,772 $ 2,563 $ 1,031
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 1,182 1,135 1,100
Amortization of Nuclear Fuel 191 189 183
Losses on Asset Dispositions and Impairments 6 7 123
Emission Allowances and Renewable Energy Credit (REC) Compliance Accrual 0 3 55
Provision for Deferred Income Taxes and ITC 263 355 (261)
Non-Cash Employee Benefit Plan (Credits) Costs 75 366 (239)
Net Realized and Unrealized (Gains) Losses on Energy Contracts and Other Derivatives 210 (1,333) 639
Cost of Removal (170) (166) (129)
Energy Efficiency Programs Regulatory Investment Expenditures (544) (466) (286)
Amortization of Energy Efficiency Programs Regulatory Investment Expenditures 125 82 48
Net Change in Other Regulatory Assets and Liabilities (273) 2 (78)
Net (Gains) Losses and (Income) Expense from NDT Fund (194) (248) 202
Net Change in Certain Current Assets and Liabilities:      
Tax Receivable (384) 75 1
Cash Collateral (131) 1,408 (677)
Obligation to Return Cash Collateral 4 (201) 111
Accrued Taxes 2 (10) (94)
Other Current Assets and Liabilities (95) 35 (188)
Employee Benefit Plan Funding and Related Payments (53) (40) (35)
Other 147 50 (3)
Net Cash Provided By (Used In) Operating Activities 2,133 3,806 1,503
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (3,380) (3,325) (2,888)
Proceeds from Sales of Trust Investments 1,537 1,714 1,586
Purchases of Trust Investments (1,563) (1,751) (1,611)
Proceeds from Sales of Long-Lived Assets and Lease Investments 0 37 1,918
Proceeds from Sales of Equity Method Investments 0 291 0
Contributions to Equity Method Investments 0 0 (124)
Other 100 76 18
Net Cash Provided By (Used In) Investing Activities (3,306) (2,958) (1,101)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net Change in Commercial Paper and Loans 744 250 (819)
Proceeds from Short-Term Loans 400 750 2,000
Repayment of Short-Term Loans (500) (2,250) (2,500)
Issuance of Long-Term Debt 3,350 2,800 2,850
Redemption of Long-Term Debt (1,500) (1,575) (700)
Payments for Share Repurchase Program 0 0 (500)
Cash Dividends Paid on Common Stock (1,196) (1,137) (1,079)
Other (70) (98) (6)
Net Cash Provided By (Used In) Financing Activities 1,228 (1,260) (754)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 55 (412) (352)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 99 511 863
Cash, Cash Equivalents and Restricted Cash at End of Period 154 99 511
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) 68 144 353
Interest Paid, Net of Amounts Capitalized 799 683 602
Accrued Property, Plant and Equipment Expenditures 326 443 366
Public Service Electric and Gas Company [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 1,547 1,515 1,565
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:      
Depreciation and Amortization 1,025 980 935
Provision for Deferred Income Taxes and ITC 365 29 137
Non-Cash Employee Benefit Plan (Credits) Costs 41 8 (179)
Cost of Removal (170) (166) (129)
Energy Efficiency Programs Regulatory Investment Expenditures (544) (466) (286)
Amortization of Energy Efficiency Programs Regulatory Investment Expenditures 125 82 48
Net Change in Other Regulatory Assets and Liabilities (273) 2 (78)
Net Change in Certain Current Assets and Liabilities:      
Accounts Receivable and Unbilled Revenues (188) 72 (132)
Fuel, Materials and Supplies (123) (211) (73)
Prepayments 29 (50) 8
Accounts Payable 34 13 96
Accounts Receivable/Payable-Affiliated Companies, net (47) (3) 18
Obligation to Return Cash Collateral 4 (201) 111
Other Current Assets and Liabilities (29) 23 44
Employee Benefit Plan Funding and Related Payments (32) (20) (17)
Other (39) (67) (40)
Net Cash Provided By (Used In) Operating Activities 1,725 1,540 2,028
CASH FLOWS FROM INVESTING ACTIVITIES      
Additions to Property, Plant and Equipment (2,921) (2,998) (2,590)
Proceeds from Sales of Trust Investments 6 4 12
Purchases of Trust Investments (4) (3) (10)
Other 33 33 45
Net Cash Provided By (Used In) Investing Activities (2,886) (2,964) (2,543)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net Change in Commercial Paper and Loans 19 425 0
Issuance of Long-Term Debt 2,100 1,800 900
Redemption of Long-Term Debt (750) (825) 0
Cash Dividends Paid on Common Stock (150) (150) (450)
Other (25) (17) (8)
Net Cash Provided By (Used In) Financing Activities 1,194 1,233 442
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 33 (191) (73)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 75 266 339
Cash, Cash Equivalents and Restricted Cash at End of Period 108 75 266
Supplemental Disclosure of Cash Flow Information:      
Income Taxes Paid (Received) 68 77 137
Interest Paid, Net of Amounts Capitalized 523 449 409
Accrued Property, Plant and Equipment Expenditures $ 286 $ 395 $ 331