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Financial Information By Business Segments - Financial Information By Business Segments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]          
Operating Revenues $ 2,805 $ 2,423 $ 6,027 $ 5,183  
Energy Costs 826 732 2,012 1,729  
Controllable Operation and Maintenance (C) [1] 516 527 1,049 1,000  
Depreciation and Amortization 308 285 628 580  
Interest Income 13 13 21 22  
Interest Expense 248 218 489 423  
Income Tax Expense (Benefit) 141 3 169 100  
Other Segment Items (D) [2] 194 237 527 407  
Net Income (Loss) 585 434 1,174 966  
Gross Additions to Long-Lived Assets 787 837 1,415 1,634  
Total Assets 56,024   56,024   $ 54,640
Investments in Equity Method Subsidiaries 24   24   21
Operating Segments [Member] | Public Service Electric and Gas Company [Member]          
Segment Reporting Information [Line Items]          
Operating Revenues 2,031 1,863 4,695 4,196  
Energy Costs 760 683 1,854 1,611  
Controllable Operation and Maintenance (C) [1] 331 323 685 636  
Depreciation and Amortization 275 247 555 504  
Interest Income 5 2 9 6  
Interest Expense 161 141 318 279  
Income Tax Expense (Benefit) 33 59 77 151  
Other Segment Items (D) [2] 144 110 337 231  
Net Income (Loss) 332 302 878 790  
Gross Additions to Long-Lived Assets 674 746 1,279 1,485  
Total Assets 47,789   47,789   46,364
Investments in Equity Method Subsidiaries 0   0   0
Operating Segments [Member] | PSEG Power & Other [Member]          
Segment Reporting Information [Line Items]          
Operating Revenues [3],[4] 920 685 2,012 1,557  
Energy Costs [4] 212 174 838 688  
Controllable Operation and Maintenance (C) [1],[4] 185 204 364 364  
Depreciation and Amortization [4] 33 38 73 76  
Interest Income [4] 9 13 14 19  
Interest Expense [4] 88 79 173 147  
Income Tax Expense (Benefit) [4] 108 (56) 92 (51)  
Other Segment Items (D) [2],[4] 50 127 190 176  
Net Income (Loss) [4] 253 132 296 176  
Gross Additions to Long-Lived Assets [4] 113 91 167 149  
Total Assets [4] 8,652   8,652   8,673
Investments in Equity Method Subsidiaries [4] 24   24   21
Eliminations [Member]          
Segment Reporting Information [Line Items]          
Operating Revenues [5] (146) (125) (680) (570)  
Energy Costs [5] (146) (125) (680) (570)  
Controllable Operation and Maintenance (C) [1],[5] 0 0 0 0  
Depreciation and Amortization [5] 0 0 0 0  
Interest Income [5] (1) (2) (2) (3)  
Interest Expense [5] (1) (2) (2) (3)  
Income Tax Expense (Benefit) [5] 0 0 0 0  
Other Segment Items (D) [2],[5] 0 0 0 0  
Net Income (Loss) [5] 0 0 0 0  
Gross Additions to Long-Lived Assets [5] 0 $ 0 (31) $ 0  
Total Assets [5] (417)   (417)   (397)
Investments in Equity Method Subsidiaries [5] $ 0   $ 0   $ 0
[1] Controllable Operation and Maintenance expense includes amounts for labor and benefit costs, materials, outside services and other normal operational costs, including intersegment amounts, and is the significant expense information that is regularly provided to the Chief Operating Decision Maker (the Chief Executive Officer (CEO) for PSEG and PSE&G).
[2] Other Segment Items include all other items to reconcile to Net Income. This includes all other O&M (primarily related to clause related expenditures at PSE&G and expenditures for transactions in which Servco acts as principal and controls the services provided to LIPA at PSEG Power & Other, each of which offset corresponding revenue
amounts in those segments), non-operating pension and OPEB credits and costs, gains and losses on trust investments and other income and deductions.
[3] Includes revenues applicable to PSEG Power, PSEG LI and Energy Holdings.
[4] PSEG Power & Other results include net after-tax gains (losses) of $136 million and $114 million for the three months and $1 million and $(72) million for the six months ended June 30, 2025 and 2024, respectively, related to the impacts of non-trading commodity mark-to-market activity, which consists of the financial impact from positions with future delivery dates.
[5] Intercompany eliminations primarily relate to intercompany transactions between PSE&G and PSEG Power. For a further discussion of the intercompany transactions between PSE&G and PSEG Power, see Note 2. Revenues and Note 17. Related-Party Transactions.